GITNUX MARKETDATA REPORT 2024

Consumer Robotics Industry Statistics

The global consumer robotics industry is expected to continue experiencing significant growth driven by increasing demand for home automation and smart assistants.

With sources from: brandessenceresearch.com, technavio.com, grandviewresearch.com, statista.com and many more

Statistic 1

It is expected that the consumer robotics market will surpass $39.0 billion by 2027

Statistic 2

Asia Pacific held the largest share of the global consumer robotics market in 2020

Statistic 3

The annual growth rate (CAGR) of the market from 2021 to 2026 is expected to be 16.5%

Statistic 4

The robotic cleaner segment made up the largest portion of the consumer robotics market in 2020.

Statistic 5

iRobot held a dominant market share of over 60% in the consumer robotic vacuum cleaner market as of 2020.

Statistic 6

Approximately 15.6 million units of consumer robots were shipped globally in 2019.

Statistic 7

The household robot segment is anticipated to witness a CAGR of more than 20% from 2021 to 2027.

Statistic 8

The North American market is expected to reach $6.1 billion by 2025.

Statistic 9

Industrial robots account for over 50% of the total robotics market, while consumer robotics account for less than a quarter.

Statistic 10

The European market accounted for 24.2% of the global market revenue share in 2020.

Statistic 11

The robotics toy segment occupied 20% of the global consumer robotics market in 2019.

Statistic 12

The consumer robotics market in The United States was worth $1.5 billion in 2019.

Statistic 13

The size of consumer robotics hardware market is predicted to reach $15.7 billion in 2025.

Statistic 14

In 2020, personal service robots accounted for 96% of total domestic robot sales.

Statistic 15

In 2020, the home robot market volume in Asia Pacific region reached 1.9 billion U.S. dollars.

Statistic 16

There were around 5.6 million consumer robot units sold in North America in 2018.

Statistic 17

As per projections, consumer robotics industry will witness the higher growth in China with its market size crossing $6 billion by 2027.

Statistic 18

South Korea is the leading country in terms of density with 855 installed industrial robots per 10k employees

Sources Icon Sources

In this blog post, we will explore key statistics and insights regarding the consumer robotics industry, shedding light on market size projections, regional trends, dominant players, and growth opportunities. From the expected market value to the leading market segments and regional dynamics, these statistics paint a comprehensive picture of the evolving landscape in consumer robotics.

Statistic 1

"It is expected that the consumer robotics market will surpass $39.0 billion by 2027"

Sources Icon

Statistic 2

"Asia Pacific held the largest share of the global consumer robotics market in 2020"

Sources Icon

Statistic 3

"The annual growth rate (CAGR) of the market from 2021 to 2026 is expected to be 16.5%"

Sources Icon

Statistic 4

"The robotic cleaner segment made up the largest portion of the consumer robotics market in 2020."

Sources Icon

Statistic 5

"iRobot held a dominant market share of over 60% in the consumer robotic vacuum cleaner market as of 2020."

Sources Icon

Statistic 6

"Approximately 15.6 million units of consumer robots were shipped globally in 2019."

Sources Icon

Statistic 7

"The household robot segment is anticipated to witness a CAGR of more than 20% from 2021 to 2027."

Sources Icon

Statistic 8

"The North American market is expected to reach $6.1 billion by 2025."

Sources Icon

Statistic 9

"Industrial robots account for over 50% of the total robotics market, while consumer robotics account for less than a quarter."

Sources Icon

Statistic 10

"The European market accounted for 24.2% of the global market revenue share in 2020."

Sources Icon

Statistic 11

"The robotics toy segment occupied 20% of the global consumer robotics market in 2019."

Sources Icon

Statistic 12

"The consumer robotics market in The United States was worth $1.5 billion in 2019."

Sources Icon

Statistic 13

"The size of consumer robotics hardware market is predicted to reach $15.7 billion in 2025."

Sources Icon

Statistic 14

"In 2020, personal service robots accounted for 96% of total domestic robot sales."

Sources Icon

Statistic 15

"In 2020, the home robot market volume in Asia Pacific region reached 1.9 billion U.S. dollars."

Sources Icon

Statistic 16

"There were around 5.6 million consumer robot units sold in North America in 2018."

Sources Icon

Statistic 17

"As per projections, consumer robotics industry will witness the higher growth in China with its market size crossing $6 billion by 2027."

Sources Icon

Statistic 18

"South Korea is the leading country in terms of density with 855 installed industrial robots per 10k employees"

Sources Icon

Interpretation

The consumer robotics industry is on a significant growth trajectory, with the market projected to surpass $39.0 billion by 2027. Asia Pacific currently leads the market, with a strong annual growth rate of 16.5%. The robotic cleaner segment, particularly dominated by iRobot, holds a significant portion of the market. Household robots are expected to experience substantial growth in the coming years, especially in North America and China. Industrial robots still dominate the market share, but consumer robotics are steadily increasing their presence. As the industry continues to evolve and innovate, opportunities for growth and advancements in consumer robotics hardware are likely to expand, presenting a promising future for the sector.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

Submit Your Own Statistic Data

Would you like to submit your own researched statistics on this topic? You are welcome to use the form below and submit your suggestion to us. We will check the source and approve it if necessary.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!