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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

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 Market

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:

  • Offering
  • Type
  • Distribution Channel
  • Application
Breakup by Offering
  • Products
  • Services
Breakup by Type
  • Domestic
  • Entertainment and Leisure
Breakup by Distribution Channel
  • Online
  • Offline
Breakup by Application
  • Vacuuming
  • Lawn Mowing
  • Companionship
  • Elderly Assistance and Handicap Systems
  • Robot Toys and Hobby Systems
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Samsung Electronics Co. Ltd.
  • iRobot Corporation
  • LG Corp.
  • Xiaomi Corp.
  • Ecovacs Robotics Co. Ltd.
  • Maytronics Ltd.
  • Dyson Limited 
  • Others

*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.*

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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.

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124