The Household Robots Market size is estimated at USD 7.98 billion in 2023, and is expected to reach USD 18.90 billion by 2028, growing at a CAGR of 18.81% during the forecast period (2023-2028).
The study tracks the demand trends for household robots across various market segments, including application areas and geography.
The household robots market is fragmented with the presence of major players like iRobot Corporation, Neato Robotics Inc., Samsung Electronics Co. Ltd, Ecovacs Robotics Inc., and Panasonic Corporation. Players in the market are adopting strategies such as partnerships, innovations, mergers, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
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