What is Robotic Dogs?
Robotic dogs are robots designed to resemble dog in their presence and behaviour. Robotic dogs incorporate characteristics of dogs such as barking or tail-wagging. It is equipped with cameras with daylight and night vision. This cameras are mainly for operating and helping for geriatric people. This camera enables operator to see 360 degrees around the robot. It consist of multiple sensors. Increasing technological advancements with AI and Automation has impacted on the demand for robotic dogs in positive manner.
The market study is broken down and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Boston Dynamics. (United States), Hasbro (United States), Sony Group Corporation (Japan), Koda, Inc. (United States), WowWee Group (Canada), Tekno Robotics. (United States), Spin Master Ltd. (Canada), ZBRA (United States), Yaskawa (Japan) and ABB (Switzerland) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Robotic Dogs market by Type, Application and Region.
On the basis of geography, the market of Robotic Dogs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Control, the sub-segment i.e. Voice will boost the Robotic Dogs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Age Range, the sub-segment i.e. 2 to 5 Years will boost the Robotic Dogs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Offline {Specialty stores, department stores, and others} will boost the Robotic Dogs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Body, the sub-segment i.e. Plastic will boost the Robotic Dogs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Power, the sub-segment i.e. Battery will boost the Robotic Dogs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In December 2020, Hyundai decides to buy 80% controlling stakes in Boston Dynamics. Company has invested about USD 921 million. With this strategic initiatives, company is able to provide automations in its automobiles solutions.
In October 2020, KODA announced the launching of its first model robotic dog Koda. It is designed to be functional as pragmatic and emotional perspectives. It is first social robot. With this new launch, company gets as edge over in its unique product portfolio over others.
Market Trend
- Increasing Demand for Digital Smart Solutions
Market Drivers
- Rising Preference for Robotic Dogs for Caretaking Purpose in Geriatric People
- Growing Investments for Manufacturing of Eco-Friendly Playing Gadgets
Opportunities
- Augmenting Technological Advancements with AI and Automation has Created Growth Opportunities
Restraints
- Inadequate Interaction with Limited Charging
Challenges
- Requirement of Trainings for Proper Functioning
Key Target Audience
Robotic Dogs Manufacturers, Robotic Dogs Suppliers/Distributors, Components Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.