As per the latest report added by price research, world Home Care Robotic Market was valued at US$ 1,985.5 MN in 2017 and is projected to succeed in US$ 6,590.5 MN by 2024, with a CAGR of 18.7%.
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Home Care Robotic market is especially growing on the ground of rising demand for the wireless product together with the advancement in technology in terms of smart homecare system. Also, the growing adoption of the smart home, up the quality of living and current urbanization round the world is predicted to supply enormous growth to the market. Moreover, rising geriatric population base as well as government support is another issue supplying the market growth.
Market Research Engine has published a new report titled as “Personal and Homecare Robotics Market Size By Application (Old Man, Child, Other), By Type (Smart Robots, Half Smart Robots), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2018-2024.”
The emergence of low-price robotic solutions is a key driver boosting the market growth. To fulfill the growing quality, vendors are integration physical embodiments that are autonomous, interactive, and communicative. The combination of artificial intelligence is enabling the robots to understand human emotions and interact in a very real-time setting. Also, vendors are developing low-cost companion and emotional medical care robots to cater to the growing demand and increase the affordability of those robots.
The danger of malfunctioning and hacking of these robots can result in unintentional physical attacks on the user additionally to, driving the risk of persistent threats. The growing risk of cyberattacks allows the robots to be altered remotely can have an effect on the market growth.
The global Personal and Homecare Robotics market is segregated on the basis of Application as Old Man, Child, and Other. Based on Type the global Personal and Homecare Robotics market is segmented in Smart Robots and Half Smart Robots.
The global Personal and Homecare Robotics market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Personal and Homecare Robotics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Blue Frog Robotics, Jibo, LG Electronics, PARO Robots US, Robert Bosch, SoftBank Group, and others are among the major players in the global Personal and Homecare Robotics market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Personal and Homecare Robotics Market has been segmented as below:
The Personal and Homecare Robotics Market is segmented on the lines of Personal and Homecare Robotics Market, By Application, Personal and Homecare Robotics Market, By Type, Personal and Homecare Robotics Market, By Region and Personal and Homecare Robotics Market, By Company.
Personal and Homecare Robotics Market, By Application this market is segmented on the basis of Old Man, Child and Other. Personal and Homecare Robotics Market, By Type this market is segmented on the basis of Smart Robots and Half Smart Robots. Personal and Homecare Robotics Market, By Region this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World. Personal and Homecare Robotics Market, By Company this market is segmented on the basis of Blue Frog Robotics, Jibo, LG Electronics, PARO Robots US, Robert Bosch and SoftBank Group.
The report covers:
- Global Personal and Homecare Robotics market sizes from 2015 to 2024, along with CAGR for 2018-2024
- Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
- Global Personal and Homecare Robotics market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Personal and Homecare Robotics market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
The global Personal and Homecare Robotics market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Personal and Homecare Robotics market share. Major industry players with significant revenue share include Blue Frog Robotics, Jibo, LG Electronics, PARO Robots US, Robert Bosch, SoftBank Group and others.
Reasons to Buy this Report:
- Gain detailed insights on the Personal and Homecare Robotics industry trends
- Find complete analysis on the market status
- Identify the Personal and Homecare Robotics market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
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Table of Contents:
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
- Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
- Executive Summary
- Market Overview
4.2 Porter’s Five Force Analysis
- Personal and Homecare Robotics Market, By Application
- Personal and Homecare Robotics Market, By Type
- Personal and Homecare Robotics Market, By Geography
- Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
- Company Profiles
9.1 Blue Frog Robotics
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 LG Electronics
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 PARO Robots US
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Robert Bosch
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 SoftBank Group
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
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