South Korea Robot Vacuum Cleaner Market Report and Forecast 2024-2032

South Korea Robot Vacuum Cleaner Market Report and Forecast 2024-2032



Market Outlook

According to the report by Expert Market Research (EMR), the South Korea vacuum cleaner market is projected to grow at a CAGR of 14.3% between 2024 and 2032. Aided by evolving consumer lifestyles, technological advancements, and an increased emphasis on indoor hygiene, the market is expected to grow significantly by 2032.

Vacuum cleaners, fundamental household appliances designed to suction dirt and dust, have undergone significant innovation over the years. From traditional canister models to the more contemporary robotic and hand-held variants, these devices play a crucial role in maintaining cleanliness and ensuring a healthier living environment. The devices are not just limited to household applications but have also found extensive utility in commercial and industrial sectors.

South Korea's rapid urbanisation and the associated lifestyle changes have played a pivotal role in the South Korea vacuum cleaner market growth. The increasing number of dual-income households and the consequent time constraints have resulted in a preference for efficient cleaning solutions, making vacuum cleaners an indispensable household tool.

Furthermore, with health and hygiene becoming paramount, especially in the wake of global health crises, South Korean consumers are increasingly investing in advanced cleaning technologies. Allergen removal, air purification features, and UV sterilisation are some of the sought-after features in the modern vacuum cleaner models in the vacuum cleaner market.

Technological innovations have also significantly impacted the market in South Korea. The emergence of robotic vacuum cleaners, integrated with smart technologies like AI and IoT, has been a game-changer. These devices, capable of self-navigation and remote operation via smartphones or voice commands, cater to the tech-savvy South Korean consumer base that is always on the lookout for convenience and efficiency, increasing the South Korea vacuum cleaner market size.

Moreover, the increasing focus on sustainability has prompted manufacturers to design energy-efficient and eco-friendly models, further driving the market's growth. Features like reduced noise levels, longer battery life, and efficient motors not only cater to consumer preferences but also align with South Korea's broader environmental goals.

Additionally, the commercial sector, including offices, hotels, and retail spaces, provides a substantial impetus to the vacuum cleaner market in South Korea. The emphasis on maintaining pristine environments to ensure customer satisfaction and uphold brand image has boosted the South Korea vacuum cleaner market demand.

Market Segmentation

The market can be divided based on type, operation, end use, and distribution channel.

Market Breakup by Type
  • Cleaning Robot
  • Mopping Robot
  • Hybrid Robot
Market Breakup by Operation
  • Self-driven
  • Remote-controlled
Market Breakup by End Use
  • Residential
  • Commercial
Market Breakup by Distribution Channel
  • Online
  • Offline
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the South Korea vacuum cleaner market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Samsung Electronics Co. Ltd
  • Xiaomi Corporation
  • LG Electronics Inc.
  • Koninklijke Philips N.V.,
  • Yujin Robot Co., Ltd.
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 South Korea Robot Vacuum Cleaner Market Analysis
8.1 Key Industry Highlights
8.2 South Korea Robot Vacuum Cleaner Historical Market (2018-2023)
8.3 South Korea Robot Vacuum Cleaner Market Forecast (2024-2032)
8.4 South Korea Robot Vacuum Cleaner Market by Type
8.4.1 Cleaning Robot
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Mopping Robot
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Hybrid Robot
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.5 South Korea Robot Vacuum Cleaner Market by Operation
8.5.1 Self-driven
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Remote-controlled
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 South Korea Robot Vacuum Cleaner Market by End Use
8.6.1 Residential
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Commercial
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.7 South Korea Robot Vacuum Cleaner Market by Distribution Channels
8.7.1 Online
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Offline
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 Samsung Electronics Co. Ltd
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 Xiaomi Corporation
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 LG Electronics Inc.
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 Koninklijke Philips N.V.,
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 Yujin Robot Co., Ltd.
10.2.5.1 Company Overview
10.2.5.2 Product Portfolio
10.2.5.3 Demographic Reach and Achievements
10.2.5.4 Certifications
10.2.6 Others
11 Industry Events and Developments
List of Key Figures and
Tables
1. South Korea Robot Vacuum Cleaner Market: Key Industry Highlights, 2017 and 2021
2. South Korea Robot Vacuum Cleaner Historical Market: Breakup by Type (USD Million), 2018-2023
3. South Korea Robot Vacuum Cleaner Market Forecast: Breakup by Type (USD Million), 2024-2032
4. South Korea Robot Vacuum Cleaner Historical Market: Breakup by Operation (USD Million), 2018-2023
5. South Korea Robot Vacuum Cleaner Market Forecast: Breakup by Operation (USD Million), 2024-2032
6. South Korea Robot Vacuum Cleaner Historical Market: Breakup by End Use (USD Million), 2018-2023
7. South Korea Robot Vacuum Cleaner Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. South Korea Robot Vacuum Cleaner Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
9. South Korea Robot Vacuum Cleaner Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
10. South Korea Ice Cream Historical Market: Breakup by Province (USD Million), 2018-2023
11. South Korea Ice Cream Market Forecast: Breakup by Province (USD Million), 2024-2032
12. South Korea Robot Vacuum Cleaner Market Structure

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