The Europe Consumer Robotics Market would witness market growth of 25.4% CAGR during the forecast period (2023-2030).
As technology advances, several groundbreaking innovations are on the horizon, promising to redefine the consumer robotics landscape and elevate its capabilities. Soft robotics involves the development of robots with flexible and deformable structures that mimic the adaptability of biological organisms. This innovation enhances safety in human-robot interactions and expands the range of tasks robots can perform.
Furthermore, inspired by the collective behaviour of social insects, swarm robotics focuses on coordinating large groups of robots to work collaboratively. This innovation holds promise for applications such as search and rescue missions, environmental monitoring, and agricultural tasks. Likewise, biohybrid robots combine biological components with artificial elements, blurring the lines between living organisms and machines. This innovation opens up possibilities for more organic interactions and applications in fields like medicine and environmental monitoring. The synergy between organic and inorganic components in biohybrid robots results in entities that harness the advantages of biological systems, such as adaptability and self-healing, while incorporating the programmability and precision of artificial materials.
In addition, as AI becomes more integral to consumer robotics, the development of explainable AI is gaining importance. This innovation focuses on making AI algorithms more transparent and understandable, ensuring that users can comprehend and trust the decisions made by robotic systems. Moreover, integrating quantum computing capabilities can revolutionize the processing power of robotic systems. Using quantum computers to optimize algorithms and resolve intricate problems at previously unattainable rates with classical computing holds the promise of advancing autonomous decision-making and problem-solving.
As per Eurostat, Germany had the highest level of current healthcare expenditure among the EU Member States, valued at €432 billion in 2020. Following Italy with €160 billion in current healthcare expenditures and Spain with €120 billion, France incurred the second greatest level of such costs at €281 billion. Present healthcare expenditures in Germany and France constituted 12.8% and 12.2% of their respective gross domestic products (GDP), the highest among all European Union member states. Austria (11.5%), Sweden (11.4%), the Netherlands (11.1%), and Belgium (11.1%) had the following greatest ratios, respectively. Hence, increasing investments in the healthcare industry and the expansion of e-commerce in Europe will contribute to the growth of the regional market.
The Germany market dominated the Europe Consumer Robotics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,931.9 Million by 2030. The UK market is registering a CAGR of 24.4% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 26.4% during (2023 - 2030).
Free Valuable Insights: The Global Consumer Robotics Market will Hit $36.2 Billion by 2030, at a CAGR of 26.2%
Based on Type, the market is segmented into Semi-autonomous, and Autonomous. Based on Application, the market is segmented into Household Robots, Entertainment Robots, Educational Robots, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- iRobot Corporation (Amazon.com, Inc.)
- LG Electronics, Inc. (LG Corporation)
- Neato Robotics, Inc. (Vorwerk & Co. KG)
- Samsung Electronics Co., Ltd. (Samsung Group)
- Google LLC (Alphabet Inc.)
- Honda Motor Co. Ltd.
- Hasbro, Inc.
- Intuitive Surgical, Inc.
- Ecovacs Robotics Co., Ltd.
- Blue Frog Robotics, Inc. (Blue Frog Robotics SAS)
Europe Consumer Robotics Market Report Segmentation
By Type
- Semi-autonomous
- Autonomous
By Application
- Household Robots
- Entertainment Robots
- Educational Robots
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Consumer Robotics Market, by Type
1.4.2 Europe Consumer Robotics Market, by Application
1.4.3 Europe Consumer Robotics Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Consumer Robotics Market
Chapter 5. Europe Consumer Robotics Market by Type
5.1 Europe Semi-autonomous Market by Country
5.2 Europe Autonomous Market by Country
Chapter 6. Europe Consumer Robotics Market by Application
6.1 Europe Household Robots Market by Country
6.2 Europe Entertainment Robots Market by Country
6.3 Europe Educational Robots Market by Country
6.4 Europe Others Market by Country
Chapter 7. Europe Consumer Robotics Market by Country
7.1 Germany Consumer Robotics Market
7.1.1 Germany Consumer Robotics Market by Type
7.1.2 Germany Consumer Robotics Market by Application
7.2 UK Consumer Robotics Market
7.2.1 UK Consumer Robotics Market by Type
7.2.2 UK Consumer Robotics Market by Application
7.3 France Consumer Robotics Market
7.3.1 France Consumer Robotics Market by Type
7.3.2 France Consumer Robotics Market by Application
7.4 Russia Consumer Robotics Market
7.4.1 Russia Consumer Robotics Market by Type
7.4.2 Russia Consumer Robotics Market by Application
7.5 Spain Consumer Robotics Market
7.5.1 Spain Consumer Robotics Market by Type
7.5.2 Spain Consumer Robotics Market by Application
7.6 Italy Consumer Robotics Market
7.6.1 Italy Consumer Robotics Market by Type
7.6.2 Italy Consumer Robotics Market by Application
7.7 Rest of Europe Consumer Robotics Market
7.7.1 Rest of Europe Consumer Robotics Market by Type
7.7.2 Rest of Europe Consumer Robotics Market by Application
Chapter 8. Company Profiles
8.1 iRobot Corporation (Amazon.com, Inc.)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 LG Electronics, Inc. (LG Corporation)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Neato Robotics, Inc. (Vorwerk & Co. KG)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 SWOT Analysis
8.4 Samsung Electronics Co., Ltd. (Samsung Group)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 SWOT Analysis
8.5 Google LLC (Alphabet Inc.)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Honda Motor Co. Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Hasbro, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 SWOT Analysis
8.8 Intuitive Surgical, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expense
8.8.5 SWOT Analysis
8.9 Ecovacs Robotics Co., Ltd.
8.9.1 Company overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.9.3 SWOT Analysis
8.10. Blue Frog Robotics, Inc. (Blue Frog Robotics SAS)
8.10.1 Company Overview
8.10.2 SWOT Analysis
TABLE 1 Europe Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 2 Europe Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 3 Europe Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 4 Europe Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 5 Europe Semi-autonomous Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Semi-autonomous Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Autonomous Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Autonomous Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 10 Europe Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 11 Europe Household Robots Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Household Robots Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Entertainment Robots Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Entertainment Robots Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Educational Robots Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Educational Robots Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Consumer Robotics Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Consumer Robotics Market by Country, 2023 - 2030, USD Million
TABLE 21 Germany Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 22 Germany Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 23 Germany Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 24 Germany Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 25 Germany Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 26 Germany Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 27 UK Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 28 UK Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 29 UK Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 30 UK Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 31 UK Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 32 UK Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 33 France Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 34 France Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 35 France Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 36 France Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 37 France Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 38 France Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 39 Russia Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 40 Russia Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 41 Russia Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 42 Russia Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 43 Russia Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 44 Russia Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 45 Spain Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 46 Spain Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 47 Spain Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 48 Spain Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 49 Spain Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 50 Spain Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 51 Italy Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 52 Italy Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 53 Italy Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 54 Italy Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 55 Italy Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 56 Italy Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 57 Rest of Europe Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 58 Rest of Europe Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 59 Rest of Europe Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 60 Rest of Europe Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 61 Rest of Europe Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 62 Rest of Europe Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 63 Key Information – iRobot Corporation
TABLE 64 Key Information – LG Electronics, Inc.
TABLE 65 Key Information – Neato Robotics, Inc.
TABLE 66 Key Information – Samsung Electronics Co., Ltd.
TABLE 67 Key Information – Google LLC
TABLE 68 key Information – Honda Motor Co. Ltd.
TABLE 69 Key Information – Hasbro, Inc.
TABLE 70 Key Information –Intuitive Surgical, Inc.
TABLE 71 Key Information – Ecovacs Robotics Co., Ltd.
TABLE 72 Key Information – Blue Frog Robotics, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Consumer Robotics Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Consumer Robotics Market
FIG 4 Porter’s Five Forces Analysis – Consumer Robotics Market
FIG 5 Europe Consumer Robotics Market share by Type, 2022
FIG 6 Europe Consumer Robotics Market share by Type, 2030
FIG 7 Europe Consumer Robotics Market by Type, 2019 - 2030, USD Million
FIG 8 Europe Consumer Robotics Market share by Application, 2022
FIG 9 Europe Consumer Robotics Market share by Application, 2030
FIG 10 Europe Consumer Robotics Market by Application, 2019 - 2030, USD Million
FIG 11 Europe Consumer Robotics Market share by Country, 2022
FIG 12 Europe Consumer Robotics Market share by Country, 2030
FIG 13 Europe Consumer Robotics Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: iRobot Corporation
FIG 15 SWOT Analysis: LG Electronics, Inc.
FIG 16 SWOT Analysis: Neato Robotics, Inc.
FIG 17 SWOT Analysis: Samsung Electronics Co., Ltd.
FIG 18 SWOT Analysis: Google LLC
FIG 19 SWOT Analysis: Honda Motor Co. Ltd.
FIG 20 SWOT Analysis: Hasbro, Inc.
FIG 21 Swot Analysis: Intuitive Surgical, Inc.
FIG 22 SWOT Analysis: Ecovacs Robotics Co., Ltd.
FIG 23 SWOT Analysis: Blue Frog Robotics, Inc.