Robotic Vacuum Cleaner Market- Global Opportunity Analysis and Industry Forecast (2021-2028)
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".
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.
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Scope of the Report
Robotic
Vacuum Cleaner Market, by Type
·
Cleaning Robots
·
Mopping Robots
·
Hybrid Robots
Robotic
Vacuum Cleaner Market, by Distribution Channel
·
Online
·
Offline
Robotic
Vacuum Cleaner Market, by Operation
·
Self-drive
·
Remote-controlled
Robotic
Vacuum Cleaner Market, by Application
·
Residential
·
Commercial
o Hospitality
o Offices
o Healthcare
o Retail
o Other Commercial Applications
Robotic
Vacuum Cleaner Market, by Geography
·
North America
o U.S.
o Canada
·
Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe
·
Asia-Pacific (APAC)
o China
o India
o Japan
o South Korea
o Rest of APAC
·
Latin America
o Brazil
o Mexico
o Rest of Latin America
·
Middle East and Africa
(MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of the Middle East and Africa
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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.
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).
In 2021, Asia-Pacific
is estimated to command the largest share of the global robotic vacuum cleaners
market, followed by North America and Europe. The share is attributed to the
robust manufacturing sector in China, Japan, and South Korea and the high
deployment of robot vacuums and mops in residential setups.
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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.).
Key questions answered in the report-
· Which are the high
growth market segments in terms of type, distribution channel, operation, price
range, end user, and region/countries?
· What was the
historical market for robotic vacuum cleaners across the globe?
· What are the market
forecasts and estimates for 2021–2028 in terms of revenue and volume?
· What are the major
drivers, restraints, and opportunities in the global robotic vacuum cleaners
market?
· Who are the major
players in the robotic vacuum cleaners market?
· How is the competitive
landscape, and who are the market leaders in the global robotic vacuum cleaners
market?
· What are the recent
developments in the global robotic vacuum cleaners market?
· What are the different
strategies adopted by the major players in the global robotic vacuum cleaners
market?
· What are the
geographical trends and high growth regions/countries?
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