The Consumer Robotics Market is Predict to reach $36.2 Billion by 2030, at a CAGR of 26.2%

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Consumer Robotics Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Consumer Robotics Market size is expected to reach $36.2 billion by 2030, rising at a market growth of 26.2% CAGR during the forecast period.

In the ever-evolving landscape of consumer robotics, an unmistakable shift towards sustainability is taking center stage. Manufacturers, aware of their environmental responsibilities, are adopting eco-friendly design practices to minimize the ecological footprint of their products. From the choice of materials to energy-efficient components and responsible end-of-life management, the consumer robotics market is transforming toward a greener and more sustainable future.

The Semi-autonomous segment is leading the Global Consumer Robotics Market by Type in 2022; thereby, achieving a market value of $23.2 billion by 2030. Semi-autonomous consumer robots are designed for ease of use, allowing users to intuitively control and interact with them. These robots often feature simple interfaces, remote controls, or mobile apps, making them accessible to a broader range of consumers. Hence, the segment will witness increased demand in the upcoming years.

The Entertainment Robots segment is experiencing a CAGR of 26.5% during (2023 - 2030). The entertainment robots segment encompasses a wide range of products, including robotic toys, interactive companions, and educational robots. Manufacturers have introduced diverse and appealing products that cater to various age groups and preferences, expanding the market's consumer base. Hence, the segment will grow rapidly in the upcoming years.

Full Report: https://www.kbvresearch.com/consumer-robotics-market/

The Europe region dominated the Global Consumer Robotics Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13.3 billion by 2030. The North America region is anticipating a CAGR of 25.9% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 27.2% during (2023 - 2030).

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)

Consumer Robotics Market Report Segmentation

By Type

Semi-autonomous
Autonomous

By Application

Household Robots
Entertainment Robots
Educational Robots
Others

By Geography

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA