Consumer And Business Robot Market Size, Share, Opportunities, And Trends By Component (Software, Hardware, Sensor, Control System, Actuator, Others), By End-User (Industrial, Commercial, Consumer), And By Geography - Forecasts From 2019 To 2024.

Published:  Mar 2020 Report Code: KSI061611151 Pages: 114

The consumer and business robot market is projected to witness growth at a CAGR of XX.XX% during the forecast period to reach a total market size of US$XX.XX billion by 2022, increasing from US$XX.XX billion in 2017. Continuous product launch and high-speed innovation is the major factor driving this market growth. The growing adoption of factory automation as well as rising consumer spending capacity further contributes to the market growth. Other drivers include a growing number of players, continuous R&D, and rising labour costs. In addition to this, rapid industrialization and urbanization also impact the consumer and business robot market growth positively. However, expensive instruments and high maintenance costs hamper the market growth.    

By Geography

Geographically, APAC accounts for a high market share in 2017 and will also grow at a considerate rate. This growth is largely driven by the rising adoption of technology by both people and industries, especially in China, Japan and South Korea. Other drivers include government favourable initiatives, rising spending power and expanding applications. The rising labour cost owing to ageing population further drive the regional market growth

Competitive Insight

The rapidly growing robotics industry drives the competition in the market as it rapidly attracts new players. Moreover, continuous product innovation and new launches further enhance the competitive rivalry. The major players discussed in the report include iRobot Corporation, Jibo, Inc., 3D Robotics, Inc., Nachi Robotic Systems, Inc., Yaskawa America, Inc., Honda Motor Co., Ltd., ABB, Bossa Nova Robotics, DENSO Robotics, Mitsubishi Electric Corporation, and DJI. Industry integration is expected to increase in the years ahead which will further enhance the dominance of existing players in the market. 


Thirdly, Consumer and business robot market has been segmented by component, end-user and geography.   

By Component




Control System





By End-User





By Geography

North America

United States






South America







United Kingdom










Saudi Arabia

South Africa




Asia Pacific




South Korea






Key questions answered by the report

What will be the Consumer and business robot market size from 2017 to 2022?

How are the major drivers and restraints affecting the global Consumer and business robot market growth and the opportunities which exist for key vendors?

Which segment and region will drive or lead the market growth and why?

A comprehensive analysis of competitive landscape and key market participants’ behaviour

Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

1. Introduction
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. Key Findings Of The Study
4. Market Dynamics

4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Technology 
4.7. Industry Regulations
4.8. Industry Value Chain Analysis
5. Global Consumer and business robot Market Forecast By Component (US$ billion)
5.1. Introduction
5.2. Software
5.3. Hardware
5.3.1. Sensor
5.3.2. Control System
5.3.3. Actuator 
5.3.4. Others 
6. Global Consumer and business robot Market Forecast By End-User (US$ billion)
6.1. Introduction
6.2. Industrial
6.3. Commercial 
6.4. Consumer
7. Global Consumer and business robot Market Forecast By Geography (US$ billion)
7.1. North America
7.1.1. United States
7.1.2. Canada
7.1.3. Mexico
7.1.4. Others
7.2. South America
7.2.1. Brazil
7.2.2. Argentina 
7.2.3. Others
7.3. Europe
7.3.1. United Kingdom
7.3.2. Germany
7.3.3. France
7.3.4. Italy
7.3.5. Spain
7.3.6. Others
7.4. MEA
7.4.1. UAE
7.4.2. Saudi Arabia 
7.4.3. South Africa
7.4.4. Others
7.5. Asia Pacific
7.5.1. Japan
7.5.2. China
7.5.3. India
7.5.4. South Korea
7.5.5. Taiwan
7.5.6. Australia 
7.5.7. Others
8. Competitive intelligence
8.1. Market Share Analysis
8.2. Strategies of Key Players
8.3. Recent Investments And Deals
9. Company profiles
9.1. iRobot Corporation Jibo, Inc.
9.1.1. Overview
9.1.2. Financials
9.1.3. Products and Services
9.1.4. Key Developments
9.2. 3D Robotics, Inc.
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Key Developments
9.3. Nachi Robotic Systems, Inc.
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. Yaskawa America, Inc.
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Key Developments
9.5. Honda Motor Co., Ltd.
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. ABB
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
9.7. Bossa Nova Robotics
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Key Developments
9.8. DENSO Robotics
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Key Developments
9.9. Mitsubishi Electric Corporation
9.9.1. Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Key Developments
9.10. DJI 
9.10.1. Overview
9.10.2. Financials
9.10.3. Products and Services
9.10.4. Key Developments
9.11. List is not exhaustive*

iRobot Corporation Jibo, Inc.
3D Robotics, Inc.
Nachi Robotic Systems, Inc.
Yaskawa America, Inc.
Honda Motor Co., Ltd.
Bossa Nova Robotics
DENSO Robotics
Mitsubishi Electric Corporation


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