North America Consumer Robotics Market Size, Share & Trends Analysis Report By Type (Semi-autonomous, and Autonomous), By Application (Household Robots, Entertainment Robots, Educational Robots, and Others), By Country and Growth Forecast, 2023 - 2030
North America Consumer Robotics Market Size, Share & Trends Analysis Report By Type (Semi-autonomous, and Autonomous), By Application (Household Robots, Entertainment Robots, Educational Robots, and Others), By Country and Growth Forecast, 2023 - 2030
The North America Consumer Robotics Market would witness market growth of 25.9% CAGR during the forecast period (2023-2030).
Likewise, drawing inspiration from the human brain, neuro-inspired computing involves designing algorithms and architectures that emulate neural networks' parallel processing and learning capabilities. This innovation enhances the cognitive abilities of consumer robots, enabling more sophisticated interactions and adaptability. The parallel processing capabilities of neuro-inspired computing enable consumer robots to handle multiple tasks simultaneously. This efficiency is akin to how the human brain processes various stimuli concurrently, enhancing robotic systems' overall speed and responsiveness.
Moreover, improvements in haptic feedback technology enable consumer robots to provide more realistic and nuanced tactile sensations. This innovation enhances user experiences in virtual reality, telepresence, and medical robotics applications. Haptic feedback adds a crucial layer to the immersive experience by complementing visual and auditory stimuli. Consumer robots can create a more holistic and realistic connection between users and the robotic environment by engaging the sense of touch.
Furthermore, the growth of smart home devices in Canada includes voice-activated personal assistants. Consumer robots integrate with AI-driven assistants, giving users hands-free control over their robotic devices and other connected smart home products. As per the data from Statistics Canada, the use of Internet-connected smart home devices continued to grow, up from 42% in 2020 to 47% in 2022. Thus, the rising smart living trends, adoption of smart home devices, and remote work culture in North America will boost the demand for consumer robotics in the region.
The US market dominated the North America Consumer Robotics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8,187.9 Million by 2030. The Canada market is showcasing a CAGR of 28.8% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 27.6% during (2023 - 2030).
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 U.S., Mexico, Canada, and Rest of North America.
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)
North America Consumer Robotics Market Report Segmentation
By Type
Semi-autonomous
Autonomous
By Application
Household Robots
Entertainment Robots
Educational Robots
Others
By Country
US
Canada
Mexico
Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Consumer Robotics Market, by Type
1.4.2 North America Consumer Robotics Market, by Application
1.4.3 North America 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. North America Consumer Robotics Market by Type
5.1 North America Semi-autonomous Market by Country
5.2 North America Autonomous Market by Country
Chapter 6. North America Consumer Robotics Market by Application
6.1 North America Household Robots Market by Country
6.2 North America Entertainment Robots Market by Country
6.3 North America Educational Robots Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Consumer Robotics Market by Country
7.1 US Consumer Robotics Market
7.1.1 US Consumer Robotics Market by Type
7.1.2 US Consumer Robotics Market by Application
7.2 Canada Consumer Robotics Market
7.2.1 Canada Consumer Robotics Market by Type
7.2.2 Canada Consumer Robotics Market by Application
7.3 Mexico Consumer Robotics Market
7.3.1 Mexico Consumer Robotics Market by Type
7.3.2 Mexico Consumer Robotics Market by Application
7.4 Rest of North America Consumer Robotics Market
7.4.1 Rest of North America Consumer Robotics Market by Type
7.4.2 Rest of North America 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)