Reports
Sale
South Korea Household Robots Market Size, Share, Analysis: By Offering: Products, Services; By Type: Domestic, Entertainment and Leisure; By Distribution Channel: Online, Offline; By Application: Vacuuming, Lawn Mowing, Companionship, Elderly Assistance and Handicap Systems, Others; Competitive Landscape; 2024-2032
South Korea Household Robots Market Size
The South Korea household robots market is projected to grow at a CAGR of 10.20% between 2024 and 2032.
South Korea Household Robots Market Outlook
- The Ministry of Trade, Industry and Energy in South Korea announced in 2023 that it aims to quadruple the domestic robots sector by the year 2030.
- As per the industry reports in 2023, approximately 39% of the overall household chores can be automated in the next ten years.
- Household service robots such as mops and robotic vacuum cleaners are some of the most sold robots worldwide.
South Korea Household Robots Market Growth
The market is widely driven by the increase in the ageing population of the country which fuels the demand for robots which can offer assistance in everyday tasks as well as companionship. For instance, healthcare robots can provide reminders regarding medications as well as check health parameters to ease the burden of caregivers.
Educational robots are a revolutionary invention that offers assistance to young kids with their learning and can tailor the study programs according to the requirements of a kid. Meanwhile, gardening robots are another crucial robot which can boost the market share as they can automate mundane and repetitive tasks such as mowing lawns, cleaning patios, and removing weeds, saving the time and energy of homeowners.
In South Korea, individual service robots witnessed an increase of 16 per cent in 2020, amid the pandemic. At present time, there is an increased investment in the research and development of robots with many companies harnessing their cloud computing and big data technologies in the robotics sector for the production of next-gen robots.
South Korea Household Robots Industry Segmentation
“South Korea Household Robots Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Offering
- Products
- Services
Market Breakup by Type
- Domestic
- Entertainment and Leisure
Market Breakup by Distribution Channel
- Online
- Offline
Market Breakup by Application
- Vacuuming
- Lawn Mowing
- Companionship
- Elderly Assistance and Handicap Systems
- Robot Toys and Hobby Systems
- Others
South Korea Household Robots Market Share
Based on type, domestic sector is witnessing significant growth in the market. The busy lifestyle of the working population has also fuelled the demand for household robots that can perform everyday chores such as cooking and cleaning, allowing individuals to focus on more important tasks as well as maintain a balance in their work and personal lives. There is also an increased demand for security and surveillance robots that can monitor the parameters of the house and report any suspicious activities immediately to the owners.
Leading Companies in South Korea Household Robots Market
The market players are introducing novel technologies to stay ahead in the competition, further increasing their collaboration efforts to meet the evolving regulatory landscape.
- Samsung Electronics Co. Ltd.
- iRobot Corporation
- LG Corp.
- Xiaomi Corp.
- Ecovacs Robotics Co. Ltd.
- Maytronics Ltd.
- Dyson Limited
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Offering |
|
| Breakup by Type |
|
| Breakup by Distribution Channel |
|
| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Household Robots Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Household Robots Historical Market (2018-2023)
8.3 Asia Pacific Household Robots Market Forecast (2024-2032)
9 South Korea Household Robots Market Overview
9.1 Key Industry Highlights
9.2 South Korea Household Robots Historical Market (2018-2023)
9.3 South Korea Household Robots Market Forecast (2024-2032)
10 South Korea Household Robots Market by Offering
10.1 Products
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Services
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 South Korea Household Robots Market by Type
11.1 Domestic
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Entertainment and Leisure
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 South Korea Household Robots Market by Distribution Channel
12.1 Online
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Offline
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 South Korea Household Robots Market by Application
13.1 Vacuuming
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Lawn Mowing
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Companionship
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Elderly Assistance and Handicap Systems
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Robot Toys and Hobby Systems
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Samsung Electronics Co. Ltd.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 iRobot Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 LG Corp.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Xiaomi Corp.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Ecovacs Robotics Co. Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Maytronics Ltd.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Dyson Limited
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Household Robots Market: Key Industry Highlights, 2018 and 2032
2. South Korea Household Robots Market: Key Industry Highlights, 2018 and 2032
3. South Korea Household Robots Historical Market: Breakup by Offering (USD Million), 2018-2023
4. South Korea Household Robots Market Forecast: Breakup by Offering (USD Million), 2024-2032
5. South Korea Household Robots Historical Market: Breakup by Type (USD Million), 2018-2023
6. South Korea Household Robots Market Forecast: Breakup by Type (USD Million), 2024-2032
7. South Korea Household Robots Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. South Korea Household Robots Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. South Korea Household Robots Historical Market: Breakup by Application (USD Million), 2018-2023
10. South Korea Household Robots Market Forecast: Breakup by Application (USD Million), 2024-2032
11. South Korea Household Robots Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 10.20% between 2024 and 2032.
The market is being driven by to increase in the ageing population of the country and the busy lifestyle of the working population.
The key trends aiding the market include the growth of educational and gardening robots and increased investment in research and development in robotics sector.
Based on offering, market segmentations include products and services.
Different applications of household robots are vacuuming, lawn mowing, companionship, elderly assistance and handicap systems, and robot toys and hobby systems, among others.
The major players in the market are Samsung Electronics Co. Ltd., iRobot Corporation, LG Corp., Xiaomi Corp., Ecovacs Robotics Co. Ltd., Maytronics Ltd., and Dyson Limited, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Datasheet
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER