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Household Robots Market worth $24.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 14, 2023

The decline of extended families and the rise of working parents contribute to growing loneliness among children and the elderly and such robots are designed to help them.

Key Points: 
  • The decline of extended families and the rise of working parents contribute to growing loneliness among children and the elderly and such robots are designed to help them.
  • Almost all companion robots are either shaped in the image of humans, i.e., humanoids, or animals, such as dogs or seals.
  • China is expected to have the largest household robots industry size during the forecast period.
  • Cheap labor costs and the rising adoption of household robots have made China favorable for manufacturers to invest in this region.

Household Robots Market worth $24.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 14, 2023

The decline of extended families and the rise of working parents contribute to growing loneliness among children and the elderly and such robots are designed to help them.

Key Points: 
  • The decline of extended families and the rise of working parents contribute to growing loneliness among children and the elderly and such robots are designed to help them.
  • Almost all companion robots are either shaped in the image of humans, i.e., humanoids, or animals, such as dogs or seals.
  • China is expected to have the largest household robots industry size during the forecast period.
  • Cheap labor costs and the rising adoption of household robots have made China favorable for manufacturers to invest in this region.

Household Robots Market worth $19.3 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, September 15, 2022

CHICAGO, Sept. 15, 2022 /PRNewswire/ -- Household Robots Market is projected to grow from USD 9.2 billion in 2022 to USD 19.3 billion by 2027, at a CAGR of 16.0% during the forecast period from 2022 to 2027,according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Sept. 15, 2022 /PRNewswire/ -- Household Robots Market is projected to grow from USD 9.2 billion in 2022 to USD 19.3 billion by 2027, at a CAGR of 16.0% during the forecast period from 2022 to 2027,according to a new report by MarketsandMarkets.
  • Pool cleaning applications held the second-largest share of the household robots market in 2021.
  • The North American region held the second-largest share of the household robots market in 2021 by value.
  • The influx of IoT and the adoption of autonomous technology are strong in this region, thus helping the household robots market grow rapidly.

Household Robots Market worth $19.3 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, September 15, 2022

CHICAGO, Sept. 15, 2022 /PRNewswire/ -- Household Robots Market is projected to grow from USD 9.2 billion in 2022 to USD 19.3 billion by 2027, at a CAGR of 16.0% during the forecast period from 2022 to 2027,according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Sept. 15, 2022 /PRNewswire/ -- Household Robots Market is projected to grow from USD 9.2 billion in 2022 to USD 19.3 billion by 2027, at a CAGR of 16.0% during the forecast period from 2022 to 2027,according to a new report by MarketsandMarkets.
  • Pool cleaning applications held the second-largest share of the household robots market in 2021.
  • The North American region held the second-largest share of the household robots market in 2021 by value.
  • The influx of IoT and the adoption of autonomous technology are strong in this region, thus helping the household robots market grow rapidly.

Insights on the Stuffed and Plushed Toys Global Market to 2028 - Featuring Simba Dickie, Bandai Namco and Hasbro Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 31, 2022

The "Global Stuffed and Plushed Toys Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Stuffed and Plushed Toys Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The Stuffed and Plush Toys market is anticipated to grow with a CAGR of 6.2% over the forecast period of 2019-2028.
  • The stuffed toys are in great demand as they are sold on various occasions such as graduation, Christmas, condolences, etc.
  • Based on the type, the Stuffed and Plush Toys market is segmented into cartoon toys, traditional stuffed animals, battery-operated, action figures, puppets, and others.