Global Robotic Vacuum Cleaner Market 2024-2028

Global Robotic Vacuum Cleaner Market 2024-2028

The robotic vacuum cleaner market is forecasted to grow by USD 6.33 bn during 2023-2028, accelerating at a CAGR of 16.53% during the forecast period. The report on the robotic vacuum cleaner market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by inclusion of air filters in robotic vacuum cleaners, low maintenance cost and high productivity of robotic vacuum cleaners, and growing number of smart cities.

Technavio's robotic vacuum cleaner market is segmented as below:

By Application

• Residential
• Commercial

By Distribution Channel

• Offline
• Online

By Geographical Landscape

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the emergence of low-cost robotic vacuum cleaners as one of the prime reasons driving the robotic vacuum cleaner market growth during the next few years. Also, social factors driving adoption of robot vacuum cleaners in urban areas and additional features of robotic vacuum cleaners will lead to sizable demand in the market.

The report on the robotic vacuum cleaner market covers the following areas:

• Robotic vacuum cleaner market sizing
• Robotic vacuum cleaner market forecast
• Robotic vacuum cleaner market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading robotic vacuum cleaner market vendors that include AirCraft Home Ltd, Cyberdyne Inc., Dyson Group Co., Ecovacs Robotics Co. Ltd., Electrodomesticos Taurus SL, Electrolux AB, ILIFE INNOVATION Ltd., Irobot Corp., JS Global Lifestyle Co. Ltd., Koninklijke Philips N.V., LG Electronics Inc., Milagrow Humantech, Panasonic Holdings Corp., Proscenic, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., Trifo, Vorwerk Deutschland Stiftung and Co. KG, and Xiaomi Communications Co. Ltd.. Also, the robotic vacuum cleaner market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.