Robotic Vacuum Cleaner Market Forecasts to 2028 – Global Analysis By Type (Floor Vacuum Cleaner, Window Vacuum Cleaner, Pool Vacuum Cleaner and Other Types), Operation Mode (Remote Control and Self Drive), Charging Type (Manual Charging and Automatic Charging), Distribution Channel, Application and By Geography
According to Stratistics MRC, the Global Robotic Vacuum Cleaner Market is accounted for $16.19 billion in 2022 and is expected to reach $75.31 billion by 2028 growing at a CAGR of 29.2% during the forecast period. Robotic vacuum cleaners are primarily autonomous robots with sophisticated software. It functions much like a conventional vacuum when no one is around. The robotic vacuum cleaners compact size makes it simple to reach and clean areas under tables, beds and cabinets. The widespread availability of the 5G network and the expanded internet infrastructure are the main drivers of the market's increased acceptance of robotic vacuum cleaners, which supports market growth.
According to the Bureau of Labor Statistics, expenditure on laundry and cleaning products per consumer unit in the United States was USD 178.45, which was higher than in 2020.
Market Dynamics:Driver: Increased usage of automated products
The adoption of automated products is what end-users in the residential sectors are mostly focusing on doing to save time and energy. An inclination towards smart home technology is shown with automated cleaners, which is encouraging for market expansion. Traditional building techniques and the intelligent home are now a viable option and a draw thanks to the advancement of new electrical technology and their integration with previous systems. Additionally, the incorporation of air filters in automated equipment for allergy sufferers is anticipated to fuel market growth.
Restraint:High cost of maintenance
These vacuum gadgets include sophisticated automated systems with a number of sensors and transmitters. These devices are used roughly, which reduces their lifespan and raises maintenance costs. Due to their technological integration, these vacuum gadgets demand a lot of upkeep. This could mislead customers and encourage them to use conventional vacuum cleaners, hurting the economy.
Opportunity:Use of creative and intelligent automated systems
Mopping, UV sterilisation of the home's air, security cameras for fire and burglar protection, and intercom services are some of the main uses for domestic robotic vacuum equipment. Devices having speech recognition capabilities that can hear and understand spoken commands are being developed by manufacturers. Wherein, the voice recognition function can be employed in Wi-Fi-enabled smart robot vacuums that have Alexa or another voice-activated assistant built in.
Threat:Lower effectiveness
The market for robotic vacuum cleaners will suffer from the cleaner robots' lower efficiency. As it consists of sensors, which is another factor anticipated to hinder market growth the rigorous handling of these cleaning robots also reduces their productivity and longevity, which thus slows the expansion of the market for robotic vacuum cleaners. Moreover, the availability of various counterfeit products in the market acts as a major restraint for the robotic vacuum cleaner market.
Covid-19 Impact
COVID-19 epidemic has irresponsibly spread around the world, creating an unsanitary indoor climate. Around the world, the production rate of these vacuum cleaners has significantly fallen as a result of the abrupt closure of manufacturing facilities. The total demand for these cleaners was not much impacted because some of them provide UV sterilisation and consistent indoor air quality. New vacuum device production has temporarily stopped, which has an impact on sales as well as foreign exports and imports. The top market players are concentrating on R&D to bring forward new innovations, such as disinfecting surfaces with robotic cleaners to rapidly eliminate bacteria and viruses on aerosols.
The floor vacuum cleaner segment is expected to be the largest during the forecast period
The floor vacuum cleaner segment is estimated to have a lucrative growth, due to the requirement for intelligent robotic floor cleaning. Due to the floor robotic vacuum device's automatic cleaning characteristics, which eliminate product operating problems by providing effective cleaning and time-saving, sales have increased significantly. Due to the growing significance of cleanliness in both residential and commercial areas, the market for window and pool vacuum cleaners is anticipated to have steady market expansion.
The household segment is expected to have the highest CAGR during the forecast period
The household segment is anticipated to witness the fastest CAGR growth during the forecast period, driven by rising disposable income, dual-income households, and changing lifestyles, which enable customers in developing countries to buy AI-based smart devices like robotic cleaning products. Market suppliers are increasingly focusing on commercial cleaning applications in industrialised nations. They sell a substance that makes it possible for carpets to gather debris, allergens, dust, and pathogens, particularly in public settings like an airport or hotel lobby. Consumers across all market sectors are giving automated items a premium due to the time and effort they save.
Region with highest share:
Asia Pacific is projected to hold the highest market share during the forecast period owing to the low cost of the product, the large amount of consumer spending power, and the substantial presence of major players in the area are all factors in the region's supremacy. The expanding tendency of purchasing goods through e-commerce channels or online retailing is another factor contributing to the expansion of the market in the area. As the greatest centre for the production of electronic products, Asia Pacific has seen rapid market expansion.
Region with highest CAGR:North America is projected to have the highest CAGR over the forecast period, owing to the region's product innovation, consumer willingness to pay on added value, and creative items that make life easier are all credited with the increase. The technologies that may be operated by remote controls or mobile phones might also be blamed for the rising demand for cleaners. Major regional companies' expanding manufacturing and production of robotic vacuum cleaners also contributes to the market's expansion. Consequently, it is anticipated that the aforementioned elements will support the expansion of the local market.
Key players in the marketSome of the key players profiled in the Robotic Vacuum Cleaner Market include Hitachi Ltd, Samsung Electronics Co. Ltd, Roborock Technology Co. Ltd, LG Electronics Inc., iRobot Corporation, Electrolux AB, SharkNinja Operating LLC, Panasonic Corporation, Haier Group Corporation, Ecovacs Robotics Co. Ltd, Cecotec Innovaciones SL, Neato Robotics Inc., Dyson Ltd, Matsutek Enterprises Co. Ltd., Bissell Inc, Miele & Cie. KG, Sharp Corporation, ,Robert Bosch GmbH, Koninklijke Philips N.V and AB Electrolux
Key Developments:In April 2023, Samsung and TOILETPAPER Collaborate to Introduce Edgy, Iconic Designs for Bespoke Appliances, together with creative partner TOILETPAPER, Samsung offers new, limited-edition Bespoke panels that maximize bold self-expression and personalization in the kitchen
In April 2023, Panasonic Connect Partners with intoPIX to Enable New JPEG XS Cameras for Live Video Production, which will allow their camera line-up to interface directly with live production workflows supporting SMPTE ST 2110 and IPMX standards.
In Feb 2023, Hitachi Energy launches the next-generation TXpert™ solution to digitalize every transformer, the leading-edge technology collects all relevant data across devices to reduce cost, optimize operation, extend life expectancy, and enhance performance.
Types Covered:
• Floor Vacuum Cleaner
• Window Vacuum Cleaner
• Pool Vacuum Cleaner
• Other Types
Operation Modes Covered:
• Remote Control
• Self Drive
Charging Types Covered:
• Manual Charging
• Automatic Charging
Distribution Channels Covered:
• E-Commerce
• Retail Stores
• Electronic Stores
• Supermarket/Hypermarkets
• Other Distribution Channels
Applications Covered:
• Household
• Commercial
• Institutional
• Industrial
• Other Applications
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements