The Latin America, Middle East and Africa Consumer Robotics Market would witness market growth of 28.3% CAGR during the forecast period (2023-2030).
Robotic assistants equipped with precision cutting mechanisms are revolutionizing food preparation. These robots excel in chopping, slicing, and dicing ingredients with unparalleled accuracy, saving time and ensuring uniformity in food preparation. Advanced robotic systems can efficiently sort and process ingredients, handling tasks like peeling vegetables, shelling nuts, or preparing specific recipe components. This automation contributes to a more streamlined and efficient kitchen workflow.
The market is dynamic, responding to technological breakthroughs, market demands, and societal shifts. Several trends are currently influencing the trajectory of consumer robotics, shaping the landscape in innovative ways. The paradigm of human-robot collaboration is gaining prominence, emphasizing the symbiotic relationship between humans and robots. Collaborative robots, or cobots, are designed to work alongside humans, enhancing productivity in various industries and ensuring a safer and more interactive working environment.
Additionally, an increasingly prevalent trend is edge computing, in which data is processed locally on the device instead of relying exclusively on cloud-based systems. This approach reduces latency, enhances real-time processing capabilities, and addresses privacy concerns by keeping sensitive data on the device. Modular design is gaining traction, allowing users to customize and upgrade components of their robotic devices. This trend enhances adaptability, extends the lifespan of consumer robots, and caters to individual preferences and evolving needs.
According to the International Trade Administration data, Saudi Arabia contributes 60% of the healthcare expenditures of the Gulf Cooperation Council (GCC) nations, and the Saudi Arabian government continues to prioritize this sector. It was projected to spend $50.4 billion on healthcare and social development in 2023, representing 16.96 percent of its budget and ranking second only to education in terms of expenditure. Thus, the growing e-commerce trends and the rising healthcare sector in LAMEA will boost the region's demand for consumer robotics.
The Brazil market dominated the LAMEA Consumer Robotics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $798.5 Million by 2030. The Argentina market is exhibiting a CAGR of 28.7% during (2023 - 2030). Additionally, The UAE market would experience a CAGR of 27.9% during (2023 - 2030).
Free Valuable Insights: The Worldwide Consumer Robotics Market is Projected to reach USD 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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)
LAMEA Consumer Robotics Market Report Segmentation
By Type
- Semi-autonomous
- Autonomous
By Application
- Household Robots
- Entertainment Robots
- Educational Robots
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Consumer Robotics Market, by Type
1.4.2 LAMEA Consumer Robotics Market, by Application
1.4.3 LAMEA 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. LAMEA Consumer Robotics Market by Type
5.1 LAMEA Semi-autonomous Market by Country
5.2 LAMEA Autonomous Market by Country
Chapter 6. LAMEA Consumer Robotics Market by Application
6.1 LAMEA Household Robots Market by Country
6.2 LAMEA Entertainment Robots Market by Country
6.3 LAMEA Educational Robots Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Consumer Robotics Market by Country
7.1 Brazil Consumer Robotics Market
7.1.1 Brazil Consumer Robotics Market by Type
7.1.2 Brazil Consumer Robotics Market by Application
7.2 Argentina Consumer Robotics Market
7.2.1 Argentina Consumer Robotics Market by Type
7.2.2 Argentina Consumer Robotics Market by Application
7.3 UAE Consumer Robotics Market
7.3.1 UAE Consumer Robotics Market by Type
7.3.2 UAE Consumer Robotics Market by Application
7.4 Saudi Arabia Consumer Robotics Market
7.4.1 Saudi Arabia Consumer Robotics Market by Type
7.4.2 Saudi Arabia Consumer Robotics Market by Application
7.5 South Africa Consumer Robotics Market
7.5.1 South Africa Consumer Robotics Market by Type
7.5.2 South Africa Consumer Robotics Market by Application
7.6 Nigeria Consumer Robotics Market
7.6.1 Nigeria Consumer Robotics Market by Type
7.6.2 Nigeria Consumer Robotics Market by Application
7.7 Rest of LAMEA Consumer Robotics Market
7.7.1 Rest of LAMEA Consumer Robotics Market by Type
7.7.2 Rest of LAMEA 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 LAMEA Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 4 LAMEA Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 5 LAMEA Semi-autonomous Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Semi-autonomous Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Autonomous Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Autonomous Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 10 LAMEA Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 11 LAMEA Household Robots Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Household Robots Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Entertainment Robots Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Entertainment Robots Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Educational Robots Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Educational Robots Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Consumer Robotics Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Consumer Robotics Market by Country, 2023 - 2030, USD Million
TABLE 21 Brazil Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 22 Brazil Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 23 Brazil Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 24 Brazil Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 25 Brazil Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 26 Brazil Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 27 Argentina Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 28 Argentina Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 29 Argentina Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 30 Argentina Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 31 Argentina Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 32 Argentina Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 33 UAE Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 34 UAE Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 35 UAE Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 36 UAE Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 37 UAE Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 38 UAE Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 39 Saudi Arabia Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 40 Saudi Arabia Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 41 Saudi Arabia Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 42 Saudi Arabia Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 43 Saudi Arabia Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 44 Saudi Arabia Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 45 South Africa Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 46 South Africa Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 47 South Africa Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 48 South Africa Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 49 South Africa Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 50 South Africa Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 51 Nigeria Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 52 Nigeria Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 53 Nigeria Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 54 Nigeria Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 55 Nigeria Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 56 Nigeria Consumer Robotics Market by Application, 2023 - 2030, USD Million
TABLE 57 Rest of LAMEA Consumer Robotics Market, 2019 - 2022, USD Million
TABLE 58 Rest of LAMEA Consumer Robotics Market, 2023 - 2030, USD Million
TABLE 59 Rest of LAMEA Consumer Robotics Market by Type, 2019 - 2022, USD Million
TABLE 60 Rest of LAMEA Consumer Robotics Market by Type, 2023 - 2030, USD Million
TABLE 61 Rest of LAMEA Consumer Robotics Market by Application, 2019 - 2022, USD Million
TABLE 62 Rest of LAMEA 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 LAMEA 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 LAMEA Consumer Robotics Market share by Type, 2022
FIG 6 LAMEA Consumer Robotics Market share by Type, 2030
FIG 7 LAMEA Consumer Robotics Market by Type, 2019 - 2030, USD Million
FIG 8 LAMEA Consumer Robotics Market share by Application, 2022
FIG 9 LAMEA Consumer Robotics Market share by Application, 2030
FIG 10 LAMEA Consumer Robotics Market by Application, 2019 - 2030, USD Million
FIG 11 LAMEA Consumer Robotics Market share by Country, 2022
FIG 12 LAMEA Consumer Robotics Market share by Country, 2030
FIG 13 LAMEA 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.