Consumer Robotics Market – 49% of Growth to Originate from APAC|11.58% Y-O-Y Growth Rate Expected in 2022 |17000+ Technavio Reports
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According to the recent market study by Technavio, the Consumer Robotics Market is expected to increase by USD 4.70 billion from 2021 to 2026, at an accelerated CAGR of 12.19%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets. APAC will register the highest growth rate of 49% among the other regions.
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Regional Market Outlook
The Consumer Robotics Market share growth in APAC will be significant during the forecast period. Japan, China, Singapore, and South Korea are the prominent countries manufacturing consumer robotics in APAC. The aging population in Japan and Singapore is driving the adoption of service robotics.
In China, the availability of inexpensive consumer robotics and…