Cutting Edge Robotic Technology Simplifies Household Maintenance
NEW YORK, Aug. 5, 2022 /PRNewswire/ -- Domestic robots are becoming more and more popular. In fact, recent years have shown the segment to be in high demand. Typically, a domestic robot is a service robot used for various household activities such as floor cleaning, pool cleaning, lawn mowing, or for various medical and disinfecting purposes. Such robots are usually autonomous in nature and are controlled by an integrated control system. Of course, innovation plays a major role in making these robots convenient and easy to use. The continuous development of technology with respect to interaction, cognition, and manipulation has made the use of domestic robots attractive in the overall household segment. And, according to data provided by Mordor Intelligence, the household robots market was valued at USD 6.81 Billion in 2021. Furthermore, it is expected to reach USD 21.94 Billion by 2027, while registering a CAGR of 20.50% during the forecast period of 2022-2027. E-Home Household Service Holdings Limited (NASDAQ: EJH), iRobot Corp. (NASDAQ: IRBT), NVIDIA Corporation (NASDAQ: NVDA), Teradyne, Inc. (NASDAQ: TER), UiPath Inc. (NYSE: PATH)
- The continuous development of technology with respect to interaction, cognition, and manipulation has made the use of domestic robots attractive in the overall household segment.
- E-Home Household Service Holdings Limited(NASDAQ: EJH ) announced earlier this week breaking news that, "the Company has begun testing of robot cleaners in providing household services.
- With regard to the growing interest from our consumers who are pushing technology to innovate, E-Home redefines AI technology application in household cleaning, bringing this futuristic lifestyle closer to everyone.
- The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers.