Global Household Robots

Global Household Robots

According to Tanalyze, the global household robots market is expected to experience a compound annual growth rate (CAGR) of 15.8% in terms of value over the forecast period, reaching an estimated value of USD 21.22 billion by 2029.

The market for household robots on a global scale is segmented by product type into domestic robots, entertainment robots, and leisure robots. In 2023, the domestic robot segment emerged as the market leader. It is projected that the valuation of the domestic robot segment will escalate to USD 12.91 billion by 2029, with an anticipated highest CAGR of 16.8% during the forecast period spanning from 2024 to 2029.

The household robots market can be further categorized into robot vacuum and mop, lawn mowing, pool cleaning, and other segments. The robot vacuum and mop segment are forecasted to achieve a value of USD 15.57 billion by 2029, demonstrating a CAGR of 15.4% from 2024 to 2029. Additionally, the revenue from the lawn mowing segment is expected to experience a CAGR of 19.2% leading up to 2029.

Geographically, Europe emerged as the dominant force in the household robots market in 2023, closely followed by North America and Asia-Pacific. North America is projected to reach a valuation of USD 7.25 billion by 2029, positioning itself as a significant market for housecleaning robots due to a robust robotics sector and widespread acceptance of robotic technology. The home robotics market in North America is set for rapid growth driven by key manufacturers and increasing consumer demand. Conversely, the Asia-Pacific region is forecasted to exhibit a higher CAGR of 17.7% from 2024 to 2029.

Key players shaping the competitive landscape in the market include iRobot Corporation, Ecovacs Robotics Co., Ltd., Xiaomi Corporation, Samsung Electronics Co., Ltd., Maytronics, Ltd., Husqvarna AB, LG Corporation, Neato Robotics Inc., Panasonic Corporation, Beijing Roborock Technology Co., Ltd., SharkNinja, Inc., among others.

This study aims to analyze the global market for various segments of household robots, including:

Product Type: Domestic Robot, Entertainment Robot, and Leisure Robot.

End-User: Robot Vacuum and Mop, Lawn Mowing, Pool Cleaning, and Others.

Region: North America, Europe, Asia-Pacific, and Rest of World (RoW).