Increasing Demand for Mobile Robots Supporting Personal Robots Market

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The reducing price of personal robots and rising demand or mobile robots are two of the key factors behind the growth of the personal robots market.

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Personal Robots Market

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2 Global Personal Robots Market © PS Intelligence. All rights reserved The reducing price of personal robots and rising demand or mobile robots are two of the key factors behind the growth of the personal rob ot’s market. In 2015 the market generated revenue of 3.8 billion and it is predicted to attain a size of 34.1 billion by 2022 progressing at a CAGR of 37.8 during 2016–2022 forecast period. Based on type the personal robots market is broadly categorized into cleaning education entertainment toy security and education robots. Out of these during the historical period 2012–2015 cleaning robots dominated the market in terms of revenue and these are predicted to maintain their dominance during the forecast period as they help in performing daily household cleaning tasks to make their owner’s life easy. Cleaning robots which are the most preferred type of personal robots assist in cleaning windows floors gutters and containers and washing clothes on behalf of their owners. On the basis of region the market is classified into Europe Asia-Pacific North America and Rest of the World. Among these during 2012–2015 Europe led the market in terms of revenue and it is projected to maintain its lead during the forecast period owing to the growing demand for automation in households and increasing research and development activities.

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3 Global Personal Robots Market © PS Intelligence. All rights reserved Kindly write to: enquirypsmarketresearch.com B-13 Sector – 2 Noida U.P. – 201301 INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 Disclaimer: PS Intelligence always keeps customers interest at the core while carrying out research activities. PS Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However the information in publications is subject to fluctuations as they are based on primary interviews of officials from various companies or organizations. PS Intelligence is not responsible for any incorrect data provided to us by the key industry players of the concerned domain. The information or analysis in PS Intelligence publications represents opinion based on research and should not be interpreted as statements of fact. The information in this report were believed to be correct at the time of publication but cannot be guaranteed. PS Intelligence does not endorse any product service or vendor depicted in its research publications. All intellectual property including trademarks and copyrights belong to their respective owners and may be protected by copyright. Under no circumstance may these be reproduced in any form without the prior written agreement of its owner. An order for market research report is intended for internal use of the company alone and not for disclosure to third parties or any publication in general. No service report or part thereof provided by PS Intelligence can be reproduced republished resold revealed distributed circulated or sublicensed in any medium or form now realized or hereafter become realized including and not limited to all forms of optical-based media magnetic electronic or digital without a written permission from PS Intelligence.

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