Indoor Robots Market Research Report —Global Forecast to 2027

Indoor Robots Market Research Report, by Application (Commercial, Industrial), by Robot Type (Drones, Education & Research, Entertainment, Medical Robots, Personal Assistance and Public Relations, Security and Surveillance)— Forecast till 2027

ID: MRFR/SEM/5450-HCR | February 2021 | Region: Global | 100 pages

Market synopsis:
With increasing trend of industry 4.0, robots are widely used for almost every industrial or factory operation. Advancements in techologies such as AI and machine learning have transformed the ability of robots to communicate and collaboarate with humans and other fellow robots. This has liberated robots from performing repetative factory tasks and offered them new roles in domestic as well as in commercial applications. Nowadays, robots serve almost every industry vertical including BFSI, retail, healthcare, military and defence and others.


According to the International Federation of Robotics (IFR),the sale of domestic service robots is expected to grow by 42 million during the years 2016–2019. Also, the total number of professional robots sold in 2015 was estimated to be 25% more than 2014. By 2016, the market value of commercial drones is expected to be 500 million dollar. Increasing adoption of robots for domestic purposes such as cooking, assist in retail shops, engage customers in bank, and deliver room service is driving the growth of indoor robots markets. Relay, an indoor robot designed and developed by Savioke is used for hospitality and logistic purpose. The robot has been adopted by Hotel EMC2 in Chicago who poses for selfies with guest, help the hotel staff with delivering customers order to their room. Relay delivers an enhanced experience to the customers and increases the operational efficiency of the hotel. The time consumed in room deliveries is minimized as it is taken over by Relay, this allows the hotel staff to focuss on delivering positive guest experience. The sale of service robots was approximately $5 billion in 2016. Furthermore, reduced prices of robots and design and development of smaller and mobile robots is further driving the growth of indoor robots market. Also, increasing demand for security services and growing need of medical robots is further helping the market growth. Growing trend of smart or connected home is playing a significant role in the market. However, high cost of medical robots and human saftey concerns are the major factors hampering the growth of indoor robots market.


Cloud based robotics is expected to elevate the capabilities of indoor robots. Cloud helps to deliver AI and machine learning algorithms and other resources at low cost with flexible and scalable computing and stoerage resources. Also, advancements in communication technology such as 5G will offer minimum latency, high bandwidth and low battery operation which will offer reliable connectivity to the robots.

Segmentation:
The global indoor robots market is segmented into various segments on the basis of robot type and applications.



  • By robot type, the market is segmented into education and research, entertainment, security and surveillance, personal assistance and public relations, medical robots, drones and others.

  • By application, the market is segmented into residential, commercial, and industrial.


Regional Analysis:
The global market for indoor robots is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of the indoor robots market is done for North America, Europe, Asia-Pacific, and the rest of the world.


North America is expected to dominate the market during the forecast period. The major factor influencing the growth of market in this region is well-established economies like the US, and Canada, that are spending a large share on research and development of robotics, AI, machine learning and cognitive technologies. Also, increasing adoption of robots for domestic and commercial purposes such as cleaning, cooking, medical surgeries and others is another reason fueling the growth of indoor robot’s market. Asia-Pacific is expected to grow at a significant rate owing to increasing adoption of robots for security and monitoring purposes and increasing demand for personal assistant robots to control other devices or perform any task.


Key Players:
The prominent players in the market of indoor robots are NXT Robotics (US), Toyota (Japan), iROBOT. (US), LG Electronics (South Korea), Savioke (US), Ecovacs (China), ASUSTeK Computer Inc. (Taiwan), Omron Adept Technologies (US), Aeolus Robotics (US), and Aethon (US).


Other players include Simbe (US), Cobalt Robotics (US), pal-robotics.com (Spain), Moley Robotics (UK), Cafe X Technologies, Inc. (US), and Riken (Japan), among others.


Intended Audience:



  • Associations, Organizations, Forums, And Alliances

  • Government Bodies and Departments

  • Technical Universities

  • Professional Service Providers

  • Research and Development Companies

  • Market Research and Consulting Firms

  • Technology Standards Organizations

  • Technology Investors

  • Technology Providers



Report Scope:
Report Attribute/Metric Details
  Market Size   Significant Value
  CAGR   Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Application, Robot Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors

  • NXT Robotics (US), Toyota (Japan), iROBOT. (US), LG Electronics (South Korea), Savioke (US), Ecovacs (China), ASUSTeK Computer Inc. (Taiwan), Omron Adept Technologies (US), Aeolus Robotics (US), and Aethon (US)
  • Simbe (US), Cobalt Robotics (US), pal-robotics.com (Spain), Moley Robotics (UK), Cafe X Technologies, Inc. (US), and Riken (Japan)

    		•
      Key Market Opportunities   Growing trend of smart or connected home.
      Key Market Drivers

  • Increasing adoption of robots for domestic purposes.
  • Reduced prices of robots and design and development of smaller and mobile robots.
  • Increasing demand for security services.
  • Growing need of medical robots.

    		•


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    Frequently Asked Questions (FAQ) :

    The global indoor farming robots market is poised to register a substantial market value.

    There are two types of automated indoor farming robots – medical robots, and drone types are driving market growth.

    The healthcare and retail industries have the maximum application of indoor robots

    The market is estimated to expand at a substantial CAGR over the review period (2020-2027).

    A few of the significant market players operating in the global indoor robot market are NXT Robotics (US), Toyota (Japan), iROBOT. (US), LG Electronics (South Korea), among others.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Porter’s Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Rivalry

    4.1.5 Bargaining Power of Suppliers

    4.2 Value Chain/Supply Chain of Indoor Robots Market

    5 Market Overview of Indoor Robots Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact Analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7. Indoor Robots Market, by Robot Type

    7.1 Introduction

    7.2 Education and Research

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Entertainment

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    7.4 Security and Surveillance

    7.4.1 Market Estimates & Forecast, 2020-2027

    7.4.2 Market Estimates & Forecast by Region, 2020-2027

    7.5 Personal Assistance and public relations

    7.5.1 Market Estimates & Forecast, 2020-2027

    7.5.2 Market Estimates & Forecast by Region, 2020-2027

    7.6 Medical Robots

    7.6.1 Market Estimates & Forecast, 2020-2027

    7.6.2 Market Estimates & Forecast by Region, 2020-2027

    7.7 Drones

    7.7.1 Market Estimates & Forecast, 2020-2027

    7.7.2 Market Estimates & Forecast by Region, 2020-2027

    7.8 Others

    7.8.1 Market Estimates & Forecast, 2020-2027

    7.8.2 Market Estimates & Forecast by Region, 2020-2027

    8. Indoor Robots Market, by Application

    8.1 Introduction

    8.2 Domestic

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast by Region, 2020-2027

    8.3 Commercial

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast by Region, 2020-2027

    8.4 Industrial

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast by Region, 2020-2027

    9. Indoor Robots Market, by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, by Country, 2020-2027

    9.2.2 Market Estimates & Forecast, by Robot Type, 2020-2027

    9.2.3 Market Estimates & Forecast, by Application, 2020-2027

    9.2.4 US

    9.2.4.1 Market Estimates & Forecast, by Robot Type, 2020-2027

    9.2.4.2 Market Estimates & Forecast, by Application, 2020-2027

    9.2.5 Mexico

    9.2.5.1 Market Estimates & Forecast, by Robot Type, 2020-2027

    9.2.5.2 Market Estimates & Forecast, by Application, 2020-2027

    9.2.6 Canada

    9.2.6.1 Market Estimates & Forecast, by Robot Type, 2020-2027

    9.2.6.2 Market Estimates & Forecast, by Application, 2020-2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast by Country, 2020-2027

    9.3.2 Market Estimates & Forecast by Robot Type, 2020-2027

    9.3.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.4 Germany

    9.3.4.1 Market Estimates & Forecast by Robot Type, 2020-2027

    9.3.4.2 Market Estimates & Forecast by Application, 2020-2027

    9.3.5 France

    9.3.5.1 Market Estimates & Forecast by Robot Type, 2020-2027

    9.3.5.2 Market Estimates & Forecast by Application, 2020-2027

    9.3.6 UK

    9.3.6.1 Market Estimates & Forecast by Robot Type, 2020-2027

    9.3.6.2 Market Estimates & Forecast by Application, 2020-2027

    9.3.7 Rest of Europe

    9.3.7.1 Market Estimates & Forecast by Robot Type, 2020-2027

    9.3.7.2 Market Estimates & Forecast by Application, 2020-2027

    9.4 Asia-Pacific

    9.4.1 Market Estimates & Forecast by Country, 2020-2027

    9.4.2 Market Estimates & Forecast by Robot Type, 2020-2027

    9.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.4 China

    9.4.4.1 Market Estimates & Forecast by Robot Type, 2020-2027

    9.4.4.2 Market Estimates & Forecast by Application, 2020-2027

    9.4.5 India

    9.4.5.1 Market Estimates & Forecast by Robot Type, 2020-2027

    9.4.5.2 Market Estimates & Forecast by Application, 2020-2027

    9.4.6 Japan

    9.4.6.1 Market Estimates & Forecast by Robot Type, 2020-2027

    9.4.6.2 Market Estimates & Forecast by Application, 2020-2027

    9.4.7 Rest of Asia-Pacific

    9.4.7.1Market Estimates & Forecast by Robot Type, 2020-2027

    9.4.7.2Market Estimates & Forecast by Application, 2020-2027

    9.5 Rest of the World

    9.5.1 Market Estimates & Forecast by Country, 2020-2027

    9.5.2 Market Estimates & Forecast by Robot Type, 2020-2027

    9.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.4 Middle East & Africa

    9.5.4.1 Market Estimates & Forecast by Robot Type, 2020-2027

    9.5.4.2 Market Estimates & Forecast by Application, 2020-2027

    9.5.5 Latin Countries

    9.5.5.1 Market Estimates & Forecast by Robot Type, 2020-2027

    9.5.5.2 Market Estimates & Forecast by Application, 2020-2027

    10. Company Profiles

    10.1 NXT Robotics

    10.1.1 Company Overview

    10.1.2 Product/Business Segment Overview

    10.1.3 Financial Updates

    10.1.4 Key Developments

    10.2 iROBOT

    10.2.1 Company Overview

    10.2.2 Product/Business Segment Overview

    10.2.3 Financial Updates

    10.2.4 Key Developments

    10.3 Savioke

    10.3.1 Company Overview

    10.3.2 Product/Business Segment Overview

    10.3.3 Financial Updates

    10.3.4 Key Developments

    10.4 Ecovacs

    10.4.1 Company Overview

    10.4.2 Product/Business Segment Overview

    10.4.3 Financial Updates

    10.4.4 Key Developments

    10.5 Omron Adept Technologies

    10.5.1 Company Overview

    10.5.2 Product/Business Segment Overview

    10.5.3 Financial Updates

    10.5.4 Key Developments

    10.6 ASUSTeK Computer Inc.

    10.6.1 Company Overview

    10.6.2 Product/Business Segment Overview

    10.6.3 Financial Updates

    10.6.4 Key Developments

    10.7 Aeolus Robotics

    10.7.1 Company Overview

    10.7.2 Product/Business Segment Overview

    10.7.3 Financial Updates

    10.7.4 Key Developments

    10.8 Riken

    10.8.1 Company Overview

    10.8.2 Product/Business Segment Overview

    10.8.3 Financial Updates

    10.8.4 Key Developments

    10.9 Cafe X Technologies, Inc.

    10.9.1 Company Overview

    10.9.2 Product/Business Segment Overview

    10.9.3 Financial Updates

    10.9.4 Key Developments

    10.10 Moley Robotics

    10.10.1 Company Overview

    10.10.2 Product/Business Segment Overview

    10.10.3 Financial Updates

    10.10.4 Key Developments

    10.11 pal-robotics.com

    10.11.1 Company Overview

    10.11.2 Product/Business Segment Overview

    10.11.3 Financial Updates

    10.11.4 Key Developments

    10.10 LG Electronics

    10.10.1 Company Overview

    10.10.2 Product/Business Segment Overview

    10.10.3 Financial Updates

    10.10.4 Key Developments

    10.13 Toyota

    10.13.1 Company Overview

    10.13.2 Product/Business Segment Overview

    10.13.3 Financial Updates

    10.13.4 Key Developments

    10.14 Cobalt Robotics

    10.14.1 Company Overview

    10.14.2 Product/Business Segment Overview

    10.14.3 Financial Updates

    10.14.4 Key Developments

    10.15 Simbe

    10.15.1 Company Overview

    10.15.2 Product/Business Segment Overview

    10.15.3 Financial Updates

    10.15.4 Key Developments

    10.16 Aethon

    10.16.1 Company Overview

    10.16.2 Product/Business Segment Overview

    10.16.3 Financial Updates

    10.16.4 Key Developments

    11 Conclusion

     

    LIST OF TABLES

    Table1 Global Indoor Robots Market, by Country, 2020–2027

    Table2 North America: Indoor Robots Market, by Country, 2020–2027

    Table3 Europe: Indoor Robots Market, by Country, 2020–2027

    Table4 Asia-Pacific: Indoor Robots Market, by Country, 2020–2027

    Table5 North America: Indoor Robots Market, by Country

    Table6 North America: Indoor Robots Market, by Robot Type

    Table7 North America: Indoor Robots Market, by Application

    Table8 Europe: Indoor Robots Market, by Country

    Table9 Europe: Indoor Robots Market, by Robot Type

    Table10 Europe: Indoor Robots Market, by Application

    Table11 Asia-Pacific: Indoor Robots Market, by Country

    Table12 Asia-Pacific: Indoor Robots Market, by Robot Type

    Table13 Asia-Pacific: Indoor Robots Market, by Application

    Table14 Middle East & Africa: Indoor Robots Market, by Robot Type

    Table15 Middle East & Africa: Indoor Robots Market, by Application

    Table16 Latin America: Indoor Robots Market, by Robot Type

    Table17 Latin America: Indoor Robots Market, by Application

    LIST OF FIGURES

    FIGURE 1 Global Indoor Robots Market Segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Porter’s Five Forces Analysis of Global Indoor Robots Market

    FIGURE 4 Value Chain of Global Indoor Robots Market

    FIGURE 5 Share of Indoor Robots Market in 2020, by country (in %)

    FIGURE 6 Global Indoor Robots Market, 2020–2027

    FIGURE 7 Global Indoor Robots Market Size by Robot Type, 2020–2027

    FIGURE 8 Share of Global Indoor Robots Market by Robot Type, (in %)

    FIGURE 7 Global Indoor Robots Market Size by Application, 2020–2027

    FIGURE 8 Share of Global Indoor Robots Market by Application, (in %)