Indoor Robots Market Summary
As per MRFR Analysis, the Global Indoor Robots Market was valued at USD 15.1 billion in 2023 and is projected to reach USD 90.1 billion by 2032, growing at a CAGR of 21.58% from 2024 to 2032. The market is driven by advancements in AI, ML, and IoT, enhancing robot efficiency and precision. The professional segment dominates, accounting for 75% of market revenue, primarily due to increased food consumption and labor shortages in agriculture. The aerial operating environment generated the most income in 2022, fueled by e-commerce growth. The hardware component led revenue generation, with significant investments in R&D from major players.
Key Market Trends & Highlights
Key trends driving the Indoor Robots market include technological advancements and increased demand for automation.
- Market Size in 2023: USD 15.1 billion.
- Projected Market Size by 2032: USD 90.1 billion.
- CAGR from 2024 to 2032: 21.58%.
- Professional segment revenue share: 75%.
Market Size & Forecast
2023 Market Size: USD 15.1 billion
2024 Market Size: USD 18.8 billion
2032 Market Size: USD 90.1 billion
CAGR (2024-2032): 21.58%
Largest Regional Market Share in 2022: Europe.
Major Players
NXT Robotics, Toyota, iROBOT, LG Electronics, Savioke, Ecovacs, ASUSTeK Computer Inc.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Indoor Robots Market Trends
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Development of AI and ML to drive the market growth
Market CAGR is expected to widen as a new dimension in how robots may collaborate and interact with people has been added by the development of artificial intelligence and IoT in the indoor robotics sector. Additionally, the efficiency and precision of mobile robots have increased due to the growth in development quotient, the evolution of MEMS and sensors, and advancements in vision technology. Innovation and modernization in the field of robotics are driving the significant expansion of the market for mobile robots used in residential applications. Robotic home cleaners have been developed due to significant research efforts and technological developments, assisting humans with menial jobs.
Robotics technology is transforming quickly across a wide range of industries and applications. A delivery robot can be used indoors in place of a person. The robot travels modestly and is powered by an electric battery. It employs autonomous navigation, sophisticated obstacle avoidance technology, a camera, and other sensors to plan an efficient path. These robots have several benefits over the conventional delivery approach, including cost-effectiveness, quicker customer service, the accuracy of delivery, and safety & assistance for the delivery person. The increase in Covid-19 instances worldwide is one of the key factors driving the growth of the delivery robot industry.
There is a labor shortage due to the rising number of Coronavirus cases. This has led to a rise in demand for solutions that can aid in secure consumer delivery. The usage of technology like digitalization, artificial intelligence, and GPS has increased, enabling businesses to deliver goods to customers quickly, securely, and affordably. The use of indoor delivery is anticipated to significantly lower labor costs overall. These robots can deliver in place of humans and move more than 50 kg of cargo in one motion.
Although completely automated indoor agriculture is still relatively new, some businesses are making considerable strides. For example, Iron Ox, a company in the United States that runs autonomous robotic greenhouses, claims to have the first autonomous farm in the world, which is more than 8,000 square feet in size. It doesn't look like a typical farm field inside. Instead, it is jam-packed with sizable hydroponic trays and two robots controlled by the cloud that monitor the entire operation. Most components include leafy greens and herbs like chives, parsley, and sorrel. It is anticipated that agricultural robotics will dominate the market for indoor farming. Thus, driving the Indoor Robots market revenue.
Indoor Robots Market Segment Insights:
Indoor Robots Type Insights
The Indoor Robots market segmentation, based on type, includes personal and domestic, and professional. The professional segment dominated the market, accounting for 75% of market revenue (9.2 billion). Increased population, rising food consumption, manpower scarcity in agriculture, and a rise in vertical farming are the main factors driving the indoor farming robot market size. Due to its many benefits, including time savings and maximizing crop output, vertical farming has become more and more popular.
Figure 1: Indoor Robots Market, by Type, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Indoor Robots Operating Environment Insights
The Indoor Robots market segmentation, based on the operating environment, includes aerial, ground, and marine. The aerial category generated the most income in 2022. Massive e-commerce corporations keep buying autonomous robot suppliers to expand their warehousing operations. ASTI Mobile Robotics Group, a producer of autonomous mobile robots (AMRs) with applications across a wide variety of important applications based on the company's software suites, was acquired by the ABB Group, for instance.
Indoor Robots Component Insights
The Indoor Robots market segmentation, based on the component, includes hardware, sensors, actuators, power supply, control systems, and others (electrical, electronic, and mechanical components). The hardware segment generated the most income in 2022. Controllers, wheels, encoders, brakes, motors, batteries, actuators, sensors, and power systems are included in the hardware segment's components used to construct AMRs. For instance, Qualcomm unveiled the Robotics RB6 Platform in May 2022, a sophisticated hardware development kit that can act as the brains for delivery robots, autonomous robots, and commercial drones. It also introduced a brand-new RB5 reference design with all the hardware and sensors required to create AMRs, based on the RB5 platform utilized in millions of devices.
Indoor Robots Application Insights
The Indoor Robots market segmentation, based on the application, include domestic, entertainment, education and personal, logistic, military public relations and inspection, human exoskeleton, field, medical, and construction and demolition. The construction and demolition generated the most income in 2022. Due to the aggressive adoption of AMRs for numerous tasks, including assembly, painting, sealing, coating, machine tending & part transfer, materials removal, as well as internal logistics associated with various similar tasks as part of the efforts to introduce lean manufacturing, the construction and demolition segment also accounted for a significant market share.
Indoor Robots Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Europe market area will dominate this market. This might be linked to the incumbents in the manufacturing industry's increasing need for material-handling equipment. The regional market's expansion is fueled by continued process automation in other business verticals and industries.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: INDOOR ROBOTS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Asia Pacific Indoor Robots market accounts for the second-largest market. The expanding e-commerce sector in Asia Pacific's rising nations encourages the use of autonomous mobile robots for inventory management. Further, the German Indoor Robots market held the largest market share, and the UK Indoor Robots market was the fastest growing market in the European region
The North America Indoor Robots Market is expected to grow at the fastest CAGR from 2023 to 2032. Well-established economies like the US and Canada, which invest significantly in the R&D of robots, AI, machine learning, and cognitive technologies, are major drivers of the market's growth in this area. Moreover, China’s Indoor Robots market held the largest market share, and the Indian Indoor Robots market was the fastest growing market in the Asia-Pacific region.
For instance, the market for indoor robots is also expanding as more people use robots for commercial and residential tasks, including cooking, cleaning, and other medical procedures. Additionally, compared to other regions, the area has a comparatively high penetration of autonomous delivery robots across various end users. The hotel, retail, and logistics industries significantly demand these robots. Many retailers and hospitality providers work with the makers to test the prototypes firsthand.
Indoor Robots Key Market Players & Competitive Insights
Due to a competitive environment caused by a limited number of Leading market players and many medium- or small-scale businesses internationally, major market players are spending extensively within their competitive landscape. OEMs compete on market developments such as product availability, pricing, quality, and technical advancements, as well as on significant market changes, including new product introductions, contractual commitments, escalating investments, and cooperation. Competitors in the Indoor Robots industry are expanding their mergers and acquisitions to boost their market share.
Market leaders in the Indoor Robots industry are attempting to lower operational costs by upgrading their supply chains. The Indoor Robots industry has recently received various equipment from the industry. Major players in the Indoor Robots market include NXT Robotics, Toyota, iROBOT, LG Electronics, Savioke, Ecovacs, and ASUSTeK Computer Inc.
China's Ecovacs Robotics is a leader in technology. It is primarily recognized for creating robotic appliances for the home. The business is based in Suzhou, China, and was started by Qian Dongqi in 1998. Asia claims that by 2013, Ecovacs Robotics had more than 60% of the Chinese robot market. Ecovacs Robotics grew its business between 2012 and 2014 by opening US, Germany, and Japanese offices. The business also debuted mobile security and entertainment items, air purification, and window washing. To create limited edition themed Deebots to coincide with the debut of Captain America: Civil War, Ecovacs Robotics teamed up with Marvel Entertainment.
Koo In-hwoi created the international company LG Corporation, which Koo In-hwoi's family now runs through subsequent generations. It ranks as South Korea's fourth-largest chaebol. Its headquarters are in Seoul's Yeouido-dong, Yeongdeungpo District, and LG Twin Towers skyscraper. In addition to operating businesses including LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, and LG Energy Solution in more than 80 nations, LG also produces electronics, chemicals, and telecommunications goods. GoldStar made the first radio in South Korea. While certain other domestic goods were offered under the Lucky brand name, many consumer electronics were sold under the GoldStar brand. Although the Lucky brand was well-known for hygiene items such as soaps and HiTi laundry detergents, its most well-known products were Lucky and Perioe toothpaste. Some of these goods, including laundry detergent, are still produced by LG for the South Korean market.
Key Companies in the Indoor Robots market include
Indoor Robots Industry Developments
May 2022: In partnership with Serve Robotics, a robotic sidewalk delivery business, and Motional, an autonomous car technology firm, Uber Eats conducted two independent delivery experiments in Los Angeles.
March 2022: Serve Robotics, an Uber spinoff and sidewalk robot delivery service, received a USD 10 million investment from Nvidia. Nvidia's investment will drive the market under study.
January 2021: To implement autonomous mobile robots for material handling in production, OTTO Motors cooperated with the material handling expert PULSE Integration.
Indoor Robots Market Segmentation:
Indoor Robots Type Outlook (USD Billion, 2019-2032)
Indoor Robots Operating Environment Outlook (USD Billion, 2019-2032)
Indoor Robots Component Outlook (USD Billion, 2019-2032)
Indoor Robots End-User Outlook (USD Billion, 2019-2032)
Indoor Robots Regional Outlook (USD Billion, 2019-2032)
| Report Attribute/Metric |
Details |
| Market Size 2023 |
USD 15.1 billion |
| Market Size 2024 |
USD 18.8 billion |
| Market Size 2032 |
USD 90.1 billion |
| Compound Annual Growth Rate (CAGR) |
21.58% (2024-2032) |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2019- 2021 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Type, Operating Environment, Component, Application, and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
NXT Robotics, Toyota, iROBOT., LG Electronics, Savioke, Ecovacs, ASUSTeK Computer Inc., Omron Adept Technologies, Aeolus Robotics, Aethon, Simbe, Cobalt Robotics, pal-robotics.com, Moley Robotics, Cafe X Technologies Inc., and Riken |
| Key Market Opportunities |
Rising Utilization of AI and ML |
| Key Market Dynamics |
Expanding E-Commerce Sector |
Indoor Robots Market Highlights:
Frequently Asked Questions (FAQ) :
The Indoor Robots market size was valued at USD 15.1 Billion in 2023.
The market is projected to grow at a CAGR of 21.58% during the forecast period, 2024-2032.
North America had the largest share in the market
The key players in the market are NXT Robotics, Toyota, iROBOT, LG Electronics, Savioke, Ecovacs, and ASUSTeK Computer Inc.
The professional category dominated the market in 2022.
The hardware segment had the largest share in the market.
