Global Indoor Robots Market Size, Trends and Growth Opportunity, By Type (Medical Robots, Drones, Cleaning Robots, Entertainment Robots, Education Robots, Personal/Handicap Assistant Robots, Public Relation Robots, Security and Surveillance Robots), By End User (Commercial, Residential, Industrial), By Region and Forecast till 2027.
Report ID : IR100516 | Industries : Energy & Power | Published On :May 2024 | Page Count : 146
Global Indoor Robots Market Size, Trends and Growth Opportunity, By Type (Medical Robots, Drones, Cleaning Robots, Entertainment Robots, Education Robots, Personal/Handicap Assistant Robots, Public Relation Robots, Security and Surveillance Robots), By End User (Commercial, Residential, Industrial), By Region and Forecast till 2027.
Global Indoor Robots Market
Global Indoor Robots Market was valued at USD 11.65 billion in 2021 and is slated to reach at USD 66.54 billion by 2027 at a CAGR of 21.48 % from 2022-2027.
Robotic devices that act independently and display a certain set of works indoors are known as indoor robots. They carry out activities both outside and inside the structure's four walls. Due to their expanded applications across a number of industries, including defence, retail, domestic, healthcare, and BFSI, among others, the need for indoor robots is on the rise.
Market Drivers
One of the key aspects for the growth of the indoor robots market is the increase in demand for robots for domestic tasks like cooking, involving customers in supporting retail establishments, banks, and providing room services. the rising demand for personal assistant robots used in healthcare and to take care of the elderly. The availability of smaller, mobile robots and the falling cost of robots both contribute to the market's rapid expansion. The market is benefited by the rise in demand for security services and the use of robots in this industry. The market is also influenced by the growing use of robots in a variety of sectors, including retail, healthcare, defence, BFSI, and the military. Additionally, the market for indoor robots is positively impacted by expanding urbanisation, lifestyle changes, an increase in investments, and rising consumer expenditure.
Furthermore, profitable potential for market participants is expanded during the projection period by developments in technologies like artificial intelligence, machine learning, cloud-based robotics, and 5G technologies. Additionally, a rise in investments will help the industry grow even more.
Market Restraints
On the other hand, the increased safety concerns for people who work near indoor robots are anticipated to restrain market expansion. Additionally, the market for indoor robots is anticipated to face challenges from high healthcare robot costs during the forecast period.
Impact of COVID-19
The market for indoor robots has been impacted by COVID-19. Sales and production of indoor robot technology were impeded by low investment costs and a labour shortage. To develop the practises, the government and major market actors introduced new safety measures. The correct audience was targeted through technological developments, which increased hardware and software sales rates. In the post-pandemic environment, the rise in pet ownership is anticipated to further fuel market expansion.
Market Segmentation
Global Indoor Robots Market is segmented into Type and End-User. By Type such as Medical Robots, Drones, Cleaning Robots, Entertainment Robots, Education Robots, Personal/Handicap Assistant Robots, Public Relation Robots, Security and Surveillance Robots. By End-User such as Commercial, Residential, Industrial.
Regional Analysis
Global Indoor Robots Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Due to the entrenched and strong consumer base in the region, Asia-Pacific leads the market for indoor robots. In light of region's high demand for technologically advanced systems, North America is predicted to have significant growth during the projection period.
Key Players
This report includes a list of numerous Key Players, namely Aethon (US), COBALT ROBOTICS (US)ECOVACS (China), GeckoSystems Intl. Corp. (US), InTouch Technologies, Inc. (US), Intuitive Surgical (US), iRobot Corporation. (US), Knightscope, Inc. (US), NXT Robotics (US), OMRON Corporation (Japan).
Market Taxonomy
By Type
• Medical Robots
• Drones
• Cleaning Robots
• Entertainment Robots
• Education Robots
• Personal/Handicap Assistant Robots
• Public Relation Robots
• Security and Surveillance Robots
By End User
• Commercial
• Residential
• Industrial
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Indoor Robots Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Indoor Robots Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Indoor Robots Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Indoor Robots Market Share Analysis, By Type
5.3 Global Indoor Robots Market Size and Forecast, By Type
5.3.1 Medical Robots
5.3.2 Drones
5.3.3 Cleaning Robots
5.3.4 Entertainment Robots
5.3.5 Education Robots
5.3.6 Personal/Handicap Assistant Robots
5.3.7 Public Relation Robots
5.3.8 Security and Surveillance Robots
6 Global Indoor Robots Market, By End User
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Indoor Robots Market Share Analysis, By End User
6.3 Global Indoor Robots Market Size and Forecast, By End User
6.3.1 Commercial
6.3.2 Residential
6.3.3 Industrial
7 Global Indoor Robots Market, By Region
7.1 Global Indoor Robots Market Share Analysis, By Region
7.2 Global Indoor Robots Market Share Analysis, By Region
7.3 Global Indoor Robots Market Size and Forecast, By Region
8 North America Indoor Robots Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Indoor Robots Market Share Analysis, By Type
8.3 North America Indoor Robots Market Size and Forecast, By End User
8.4 North America Indoor Robots Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Indoor Robots Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Indoor Robots Market Share Analysis, By Type
9.3 Europe Indoor Robots Market Size and Forecast, By End User
9.4 Europe Indoor Robots Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Indoor Robots Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Indoor Robots Market Share Analysis, By Type
10.3 Asia Pacific Indoor Robots Market Size and Forecast, By End User
10.4 Asia Pacific Indoor Robots Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
11 Latin America Indoor Robots Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Indoor Robots Market Share Analysis, By Type
11.3 Latin America Indoor Robots Market Size and Forecast, By End User
11.4 Latin America Indoor Robots Market Size and Forecast, Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Indoor Robots Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Indoor Robots Market Share Analysis, By Type
12.3 Middle East Indoor Robots Market Size and Forecast, By End User
12.4 Middle East Indoor Robots Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
12.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Aethon
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. COBALT ROBOTICS
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. ECOVACS
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 GeckoSystems Intl. Corp.
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 InTouch Technologies, Inc.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Intuitive Surgical
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 iRobot Corporation.
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Knightscope, Inc.
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 NXT Robotics
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 OMRON Corporation
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies