Global Domestic Robots Market: A Look at Growth Prospects and Technological Advancements

The domestic robots market was estimated at USD 9.15 billion in 2022 and is likely to grow at a CAGR of 15.6% during 2023-2029 to reach USD 25.30 billion in 2029.

Domestic robots are electronic robotic devices that are developed to manage different types of tasks around the house. These robots are designed to provide company for the elderly, monitor the activities of young children, and operate kitchen appliances. It also helps in household cleaning. The robot uses sensors to recognize the presence of furniture and other objects and change direction when needed. The robot is small and relatively simple as it takes up a fraction of the storage space needed for a traditional vacuum cleaner.