Edison , NJ -- (SBWIRE) -- 07/05/2019 -- Household robots is an automatic service robot used for household chores vacuuming, lawn mowing, pool cleaning, and others. Household robots market has high growth prospects owing to technological advancements such as integration of artificial intelligence, machine learning, and other technologies. For instance, Neato launched 2 new robot cleaners, Botvac D6 connected and Botvac D4 Connected integrated with laser smart technology. Further, increasing demand from the developing economies expected to drive the demand for household robots over the forecasted period.

Advance Market Analytics recently introduced Household Robots Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2024. Household Robots Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.

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Major Key Players in This Report Include,
IRobot Holdings LLC (United States), Puresight Systems Pvt Ltd. (India), Alfred Kärcher (Germany), Robert Bosch GmbH (Germany), Dyson (United Kingdom), LG Corp. (South Korea), LEGO (Denmark), BSH Hausgeräte (Germany), Temi (United States), Monoprice (United States), Husqvarna (Sweden), Robomow (Israel), Maytronics (Israel), Hayward Industries (United States), Bissell (United States), WPillo (United States) and Anki (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Neato (United States), Ilife Innovations (China), Miele (Germany), Blue Frog Robotics (United States), Bobsweep (Canada) and Vorwerk Group (United Kingdom).

The market study is being classified by Type (Domestic and Entertainment and Leisure), by Application (Vacuuming, Lawn Mowing, Pool Cleaning, Companionship, Elderly Assistance and Handicap Systems, Robot Toys and Hobby Systems and Others) and major geographies with country level break-up.

According to AMA, the Global Household Robots market is expected to see growth rate of 20.98%
Market Leaders and their expansionary development strategies
October 2018, Google and iRobot Corp. collaborated to incorporate smart home and robotic technologies to enhance the next-generation smart homes technologies.
10th January 2019, Ecovacs launched new deebot robot vacuum integrated with artificial intelligence technology.
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The research methodology used to estimate and forecast the Household Robots Market began with capturing data from the key vendors' revenue and market size of the individual segments through secondary sources, industry associations, and trade journals, such as the World Analytics Association and the Cloud Native Computing Foundation. The bottom-up procedure was employed to arrive at the overall market size of the market from the individual segments. After arriving at the overall market size, the total market was split into several segments and sub segments, which were then verified through primary research by conducting extensive interviews with the key industry personnel, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub segments.

Strategic Points Covered in Table of Content of Household Robots Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Household Robots market
Chapter 2: Exclusive Summary – the basic information of the Household Robots Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Household Robots
Chapter 4: Presenting the Household Robots Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Household Robots market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Household Robots Market is a valuable source of guidance for individuals and companies.

Data Sources & Methodology

Primary Research:
Key sources are industry professionals in the Household Robots industry, including management organizations, processing organizations, and analytics service providers that manage the value chain of industry organizations. We interviewed all major sources to collect and certify qualitative and quantitative information and to determine future prospects. In the extensive primary research process conducted for this study, industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, founders and key executives from several of the industry's leading Household Robots companies and organizations, we conducted interviews to acquire and verify both quantitative aspects.

Secondary Research:
Secondary research studies critical information about the industrial value chain, core pool of people, and applications. We also helped market segmentation based on the industry's lowest level of industry, geographical markets and key developments in market and technology-driven core development.
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