Personal Robots Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Increasing competition in the market for personal robots has encouraged robot producers to invest in new technologies. One such development is seen in the industry with the emergence of personal robots with AI. Moreover, AI allows robots to navigate correctly, sense, and calculate their response to the input received. The robots learn to perform their activities and tasks from humans, through machine learning, from these responses.

MARKET DYNAMICS

Some of the critical driving factors for the personal robot market are the high adoption of domestic cleaning robots and safety robots, the increase in demand for home automation, and increased consumer awareness regarding the different offerings of such personal robots. However, high maintenance costs associated with the personal robots might hamper the market growth during the forecast period.

MARKET SCOPE

The "Global Personal Robots Market Analysis To 2031" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The personal robots market report aims to provide an overview of the personal robots market with detailed market segmentation by offering, application, and geography. The global personal robots market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading personal robots market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global personal robots market is segmented on the basis of offering and application. On the basis of offering, the personal robots market is segmented into: Hardware, Software. Based on application, the personal robots market is segmented into: Cleaning Robots, Entertainment and Toy Robots, Educational Robots, Personal Transportation Robots, Security Robots, Others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global personal robots market based on various segments. It also provides personal robots market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The personal robots market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the personal robots market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the personal robots market in these regions.

MARKET PLAYERS

The reports cover key developments in the personal robots market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from personal robots market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the personal robots market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the personal robots market. In addition, the report focuses on leading industry players with information such as company profiles, offerings, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Neato Robotics Inc.
  
•   F&P Robotics AG
  
•   SEGWAY INC.
  
•   ZMP INC.
  
•   Honda Motor Co. Ltd.
  
•   ECOVACS
  
•   iRobot Corporation
  
•   GeckoSystems Intl. Corp.
  
•   Sony Corporation
  
•   Samsung Electronics Co. Ltd.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Personal Robots Report Scope