Global Social Companion Robots market cagr 12.1%

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Social Companion Robots Market

Social Companion Robots Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Social

Companion

Robots Market Size and Growth

The Social Companion Robots market is rapidly expanding, driven by increasing demand for interactive technologies in healthcare and home settings. Valued at approximately $1.2 billion in 2022, the market is projected to grow at a CAGR of 25% through 2030, reflecting advancements in AI and robotics, enhancing user engagement and emotional support.

Companies Covered

(Covid 19 Impact Covered)

◍ Luvozo

◍ Honda Robotics

◍ Paro

◍ Intuition Robotics

◍ DFRobot

◍ Hanson Robotics

◍ Elemental Path

◍ Blue Frog Robotics

◍ Ubtech

◍ Jibo

◍ No Isolation

◍ ASUS Zenbo

◍ Aeolus Robotics

The Social Companion Robots Market features companies like Luvozo, Honda Robotics, and Hanson Robotics, focusing on enhancing social interaction and caregiving. These firms drive market growth through innovative designs and applications. Sales revenue specifics include:

- Hanson Robotics: Estimated $20 million

- Intuition Robotics: Over $10 million

These advancements foster wider adoption and investment in companion robots.

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Market Segmentation

By Application

Children

Teens

Adults

Olders

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By Product

Humanoid Robot

Animal-like Robot

Market Growth

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$ X Billion USD

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Global Social Companion Robots market cagr 12.1% by ReportPrime - Issuu