DUBLIN–(BUSINESS WIRE)–The “Indoor Robots Market by Type, End User, and Region 2023-2028” report has been added to ResearchAndMarkets.com’s offering.
The global indoor robots market size reached US$ 14.18 Billion in 2022. Looking forward, the market is set to reach US$ 44.55 Billion by 2028, exhibiting a growth rate (CAGR) of 19.50% during 2023-2028
The rising penetration of automation techniques, significant technological advancements, and extensive research and development (R&D) activities represent some of the key factors driving the market.
The rising penetration of automation techniques across the globe is one of the key factors driving the market growth. Indoor robots are widely used across various industries to reduce costs, increase efficiency, and improve safety. In line with this, the widespread product adoption to perform tasks, such as cleaning, inventory management, and material handling more efficiently than humans, reducing labor costs, and improving productivity are favoring the market growth.
Moreover, the increasing demand for indoor robots in manufacturing plants to perform hazardous tasks, such as handling chemicals, welding, or working with heavy machinery, which helps in reducing the risk of injury to human workers, is acting as another growth-inducing factor. Apart from this, the integration of artificial intelligence (AI) with indoor robots to navigate complex environments, avoid obstacles, and recognize objects, such as furniture, equipment, and humans are providing an impetus to the market growth.
Additionally, the introduction of advanced indoor robots with personalization features that use facial recognition to identify and greet by name is creating a positive outlook for the market. Furthermore, the widespread product adoption in the healthcare industry to transport supplies, equipment, and medication between rooms, thus reducing the risk of infection transmission and improving safety for patients and staff is propelling the market growth.
Other factors, including the rising expenditure capacities of consumers, extensive research and development (R&D) activities, extensive product adoption in the education industry, and increasing demand for indoor robots for domestic uses, are anticipated to drive the market growth.
The report has also provided a comprehensive analysis of the competitive landscape in the global indoor robots market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Key Questions Answered in This Report:
- How has the global indoor robots market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global indoor robots market?
- What is the impact of each driver, restraint, and opportunity on the global indoor robots market?
- What are the key regional markets?
- Which countries represent the most attractive indoor robots market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the indoor robots market?
- What is the breakup of the market based on the end user?
- Which is the most attractive end user in the indoor robots market?
- What is the competitive structure of the global indoor robots market?
- Who are the key players/companies in the global indoor robots market?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 142 |
| Forecast Period | 2022 – 2028 |
| Estimated Market Value (USD) in 2022 | $14.18 Billion |
| Forecasted Market Value (USD) by 2028 | $44.55 Billion |
| Compound Annual Growth Rate | 21.0% |
| Regions Covered | Global |
Company Profiles
- DENSO Corporation
- Ecovacs Robotics
- Intuitive Surgical Inc.
- iRobot Corporation
- Kawasaki Heavy Industries Ltd.
- Knightscope Inc.
- Simbe Robotics Inc.
- SoftBank Robotics
- St Engineering Aethon Inc. etc.
Key Market Segmentation:
Type Insights:
- Medical Robots
- Drones
- Cleaning Robots
- Entertainment Robots
- Education Robots
- Personal/Handicap Assistant Robots
- Public Relation Robots
- Security and Surveillance Robots
End User Insights:
Commercial
- Banking
- Healthcare
- Hospitality
- Retail
- Others
- Residential
Regional Insights:
North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
For more information about this report visit https://www.researchandmarkets.com/r/jtcjvn
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