Robotic Vacuum Cleaners Market Size, Share, Forecast, & Trends Analysis
Meticulous
Research® – a leading global market research company published a research
report titled “Robotic Vacuum Cleaner Market by
Type (Cleaning Robots, Mopping Robots, Hybrid Robots), Distribution Channel
(Online, Offline), Operation (Self-drive) Price Range (Below USD 200, 201- 500)
Application (Residential, Commercial) - Global Forecast to 2028".
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According
to this latest publication from Meticulous Research®, the global robotic vacuum
cleaner market is projected to reach a value of $15.4 billion by 2028, growing
at a CAGR of 23.2% during the forecast period. The market, in terms of volume,
is estimated to reach 60.9 million units by 2028, growing at a CAGR of 19.7%
from 2021 to 2028. The robotic vacuum cleaners market is witnessing growth due
to high demand among consumers with busy lifestyles and growing automation in
homes. The increased efficiency and productivity of vacuum cleaners due to
advanced features, such as AI and connectivity, is propelling consumers to
purchase robotic vacuum cleaners in Asia-Pacific and North America.
The
robotic vacuum cleaners market is gaining high pace due to several strategic
developments adopted by industry leaders to develop their product portfolio and
meet the changing consumer demands in developed countries. The companies are
majorly developing new robot vacuums with enhanced technologies. These new
vacuum cleaners allow the users to customize the vacuuming & mopping
operations that result in efficient cleaning. Additionally, to meet the demand
globally, companies are expanding their sales network in untapped regions with
online sales channels.
The
global robotic vacuum cleaners market is segmented based on type (cleaning
robots, mopping robots, hybrid robots), distribution channel (online, offline),
operation (self-drive, remote-controlled), price range (below USD 200, USD 201
to 500, above USD 501), application (residential, commercial [hospitality,
offices, healthcare, retail, other end users]) and geography (North America,
Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The
study also evaluates industry competitors and analyses the market at the
country level.
Based
on type, the robotic vacuum
cleaners market is segmented into cleaning robots, mopping robots, and hybrid
robots. The cleaning robots segment is estimated to account for the largest
share in 2021 due to the inexpensive nature of these cleaners. Additionally,
traditional infrastructure transformation to new homes & commercial spaces
that support smart appliances drives the market.
Based
on distribution channel, the market is segmented
into online and offline channels. The online channel segment is expected to
grow at the highest CAGR during the forecast period.
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Based
on application, the market is segmented into
residential and commercial. In 2021, the residential segment is estimated to
account for the largest share of the market due to the product features that
perfectly fit the home environment. Rising consumer demand for autonomous
robotic technology and human intervention minimization are factors driving the
market growth.
Geographic
Review
This
research report analyzes major geographies and provides a comprehensive
analysis of North America (U.S., and Canada), Europe (U.K., Germany, France,
Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan,
South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest
of Latin America), the Middle East & Africa (UAE, Saudi Arabia, South
Africa, and Rest of the Middle East & Africa).
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Key
Players
The
key players operating in the global robotic vacuum cleaners market are iRobot
Corporation (U.S.), ECOVACS Robotics Co. Ltd. (China), Beijing Roborock
Technology Co. Ltd. (China), Anker Innovation Technology Co., Ltd. (China),
Samsung Electronics Co., Ltd (South Korea), Shenzhen Proscenic Technology Co.
Ltd. (China), Neato Robotics, Inc. (U.S.), Cecotec Innovaciones S.L. (Spain),
LG Electronics Inc (South Korea), Dyson Limited (U.K.), Panasonic Corporation
(Japan), and Sharp Corporation (U.S.).
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