Domestic Robots Market To Witness Enhanced Usage For Cleaning, Home Security & Surveillance and Handicap Assistance Applications Till 2022 | Million Insights

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According to new report available with Million Insights, the factors that propel the growth of the market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, some of the key factors that impel the market growth include increasing awareness, growing research and development investments, wide range of applications, high labour cost, easy availability and dearth of skilled workers.

Global Domestic Robots Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. The factors that propel the growth of the market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, some of the key factors that impel the market growth include increasing awareness, growing research and development investments, wide range of applications, high labour cost, easy availability and dearth of skilled workers.

On the other hand, there are also factors that may hamper the growth of the Domestic Robots Market such as high initial investment. Domestic Robots Industry is classified on the basis of product type, applications, distribution channel and geography. The market is segmented by product type as household service robots and personal service robots. Domestic Robots Market is classified on applications as cleaning, home security & surveillance, entertainment and leisure, handicap assistance, personal transportation and others.

Full Research Report On Global Domestic Robots Market Analysis available at: https://www.millioninsights.com/industry-reports/domestic-robots-market

Domestic Robots Market is segmented by distribution channel as online stores, specialty stores and others. The market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa.

In case of geographical region, North America is projected to account a lion’s share in the Domestic Robots Market. On the other hand, Asia Pacific is expected to show potential growth rates in the Domestic Robots industry. Some of the key players that fuel the growth of the Domestic Robots Market include AB Electrolux, ECOVACS Robotics Co., Ltd., Fujitsu Ltd., Future Robot Co., Ltd., GeckoSystems Intl. Corp., Hanool Robotics Corp., iRobot Corporation, Iberobotics S.L, Jibo, Mami Robot Co., Ltd., Maytronics Ltd., Robert Bosch GmbH, Neato Robotics, Inc., Robopolis SAS, Wany S.A., WowWee Group Limited, Yujin Robot Co., Ltd., and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Market Segment:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Domestic Robots in these regions, from 2012 to 2022 (forecast), covering

• North America

• Europe

• China

• Japan

• Southeast Asia

• India

Global Domestic Robots market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

• ABB

• iRobot

• Yaskawa Electric

• Kawasaki Heavy Industries

• KUKA

• Adept

• Ekso Bionic

• Honda

• Lockheed Martin

• Nachi Robotics

• Rethink Robotics

• Staubli Robotics

• Yamaha Robotics

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

• Ground Domestic Robot

• Aerial Domestic Robot

• Underwater Domestic Robot

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

• Home

• Office

Related Reports of This Category Available at Million Insights: https://www.millioninsights.com/industry/robotics

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