Skip to main content

Entertainment Robots Market: Industry Outlook, Growth Prospects and Key Opportunities

Entertainment robots are used for recreational purpose in commercial & entertainment venues with the help of robots. The entertainment robots market comes under the personal robotics market. Over the last few years, entertainment robots have gained a lot of attention in the commercial market. These robots are usually in the form of toys which include drones and remote controlled cars.

The entertainment robots market is expected to expand owing to the lower cost of these robots. Additionally, these robots are equipped with microphones and cameras to recognize voice, keep away obstacles, and identify faces. These entertainment robots are deployed to interact with people on live events.

The global entertainment robots market is expected to be driven by the fact that the entertainment industry continuously looks to adopt automation in this industry. For instance, the entertainment industry has used artificial intelligence (AI) in children’s toys. The entertainment robots market is focused on end-users such as geriatric population and children.

This is expected to drive the entertainment robots market during the forecast period. However, the entertainment robotics industry needs high initial investment. Moreover, this industry lacks skilled labor, and hence the market has not expanded exponentially. These factors are likely to inhibit the entertainment robots market.There are various applications of entertainment robots such as movies, band performances, dance performances, video games, live performances, and robot competitions.

Download and View Report TOC, Figures and Tables https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=36944

Some of the notable robotic toys under commercial models are Aibo, Poo-chi, Bo-wow, I-Cybie, iDog, Gupi, Space dog, K-9, Preston, and Goddard. Moreover, the commercial entertainment robots are used as a marketing tool while promoting their products and technology. These robots are used as artificial performers or a prop for stage performances with a large audience. The non-commercial applications for the entertainment robots are those placed on the shelves of the museums with interactive performances.

The global entertainment robots market has been segmented based on product, component, type, application, and region. In terms of product, the entertainment robots market has been divided into robotic toys, robotic companion pets, and others. Based on component, the market has been bifurcated into software and hardware.

Get Table of Content for detail analysis https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=36944

Whereas, the commercial applications covers largest market share which includes, entertainment venues, museums, live performances, malls, parks, amongst others. The hardware segment has been further split into sensors, control system, actuators, others. In terms of type, the market has been divided into real-time robots and non-real time robots. Based on geography, the global entertainment robots market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Key players operating in the entertainment robots market includes Aldebaran Robotics (Japan), Blu Frog Robotics (France),Hasbro, Inc. (U.S.), Mattel, Inc. (U.S.), Robo Builder (South Korea), Robotics Inc. (U.S.), Sony Corporation (Japan), Sphero, Inc. (Hong Kong), Modular Robotics (U.S.), Toshiba Machine Co. Ltd (Japan), and WowWee Group Limited. (Hong Kong). The entertainment robotics players are expected to develop and manufacture advanced entertainment robotic systems due to increasing investment in artificial intelligence and augmented reality in the near future.

Comments

Popular posts from this blog

Lipid Profile Market: Information, Figures And Analytical Insights 2027 | Abbott., Akers Biosciences, Inc., Beckman Coulter

Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while generating this credible  Lipid Profile Market  analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the Lipid Profile industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global Lipid Profile business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The scope of this Lipid Profile Market report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The data collected to structur...

Washer System for Vehicle Market: Key Players and Production Information analysis

The washer system used in vehicles is a vital convenience and safety feature. The washer system removes the dirt and water and improves the visibility to aid driver. The washer system consist of a water tank, water pump, wiper arms, motor and other components. Technological advancements has led to development of headlight washer technologies with the conventional windshield washer system. The windshield washer system is mandatory across all the regions, with differences in wiping area. The demand for optimal visibility has led to rise in wiper blade trends and evolution of beam blade and hybrid blade. Luxury vehicles such as Mercedes has started using integrated blades with water jets. The use of this technology allows saving space and light weighting of the vehicle as it consumes less water and permits vehicle to have a smaller washer tank. The washer system with integrated jets cleanse the windshield without any smudge and obtains better visibility. Read Comprehensive Overview of R...

Cryptocurrency Market: Opportunity Analysis and Industry Forecast Up To 2025

  The growing popularity of digital currency has played an integral role in driving sales across the global  cryptocurrency market.  The use of digital ledgers and blockchain technology across the financial space has emerged as an important dynamic of market growth. Moreover, investments in various forms of cryptocurrency have led to market growth and maturity. Several industry analysts consider cryptocurrency as a lucrative digital currency that could revolutionize the area of transactions. The availability of digital ledgers floating across the cryptocurrency ecosystem has helped in reconciling the use of this currency. Considering the factors stated above, it is legit to believe that the global cryptocurrency market would gain momentum in the times of follow. Transparency Market Research (TMR), in it report, predicts that the global cryptocurrency market would grow at a boisterous CAGR of 31.30% over the period between 2017 and 2025. The total value of the glo...