Household Robots Market Share

Market Share of Household Robots Industry

The household robots market is fragmented with the presence of major players like iRobot Corporation, Neato Robotics Inc., Samsung Electronics Co. Ltd, Ecovacs Robotics Inc., and Panasonic Corporation. Players in the market are adopting strategies such as partnerships, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

In May 2023, A Japanese artificial intelligence (AI) startup firm launched a robot for residential applications. The newly launched robot is capable of delivering items when given verbal commands, such as bringing condiments and dishes to the dining room table or drinks or books to the sofa. Developed by Tokyo-based Preferred Robotics Inc., the robot is called "Kachaka" and attaches to the bottom of tables fitted with caster wheels.

In January 2023, Roborock Technology Co. Ltd. introduced its S8 Series of flagship robot vacuums, including the Roborock S8 Pro Ultra, Roborock S8+, and the Roborock S8. These robots come with the intelligence to easily move around the home, offering hands-off deep cleaning capabilities better than ever before.

Household Robots Market Leaders

1. iRobot Corporation

2. Neato Robotics Inc.

3. Samsung Electronics Co. Ltd

4. Ecovacs Robotics Inc.

5. Panasonic Corporation

*Disclaimer: Major Players sorted in no particular order