According to the latest report by IMARC Group, titled “Robotic Vacuum Cleaner Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on robotic vacuum cleaner industry report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global robotic vacuum cleaner market reached a value of US$ 5.55 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.14 Billion by 2027, exhibiting at a CAGR of 18.1% during 2022-2027.
A robotic vacuum refers to autonomous robot equipment that is widely utilized to perform various tasks of a regular vacuum cleaner with minimal to no human interaction. It is generally integrated with an intelligent software program that assists individuals in cleaning areas under cabinets, tables, and beds due to their compact size. Besides this, it is also equipped with sensors that prevent them from falling down the stairs or colliding with other objects. The demand for a robotic vacuum cleaner is increasing across the globe due to their widespread adoption among the masses.
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The rapid outbreak of coronavirus disease (COVID-19) and the subsequent lockdown restrictions had negatively impacted the robotic vacuum cleaner market. The shutdown of the manufacturing units due to the implementation of stringent government regulations to prevent the spread of coronavirus had adversely affected the sales of robotic vacuum cleaners. However, the decline in COVID cases, along with the ease in lockdown restrictions, have revived the demand, which is impacting the market positively. Additionally, continuous improvements in the e-commerce infrastructure and the advent of online delivery models have further escalated the market across the globe.
Market Trends:
The global market is majorly driven by the shifting lifestyle preferences of the masses. This is supported by the inflating disposable income levels of individuals and rapid urbanization. Along with this, the increasing number of working women population is positively influencing the market growth. Moreover, continual technological advancements in robotic vacuum systems are gaining widespread prominence among the masses. In addition to this, the shifting preference for smart and innovative electrical appliances is creating a positive market outlook. Some of the other factors driving the market further include the rising product adoption across residential and commercial sectors, the growing inclination towards cleanliness and hygiene, the miniaturization of household appliances and extensive research and development (R&D) activities conducted by key players.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- iRobot Corporation
- ECOVACS ROBOTICS
- Neato Robotics
- Dyson Ltd.
- Samsung Electronics Co. Ltd.
- Maytronics Ltd.
- Metapo, Inc
- Koninklijke Philips N.V.
- LG Electronics Inc.
- Panasonic Corporation
- Miele & Cie. KG
- Hayward Industries, Inc.
- Haier Electronics Group Co Ltd
- Sharp Corporation
- ILIFE Robotics Technology
Robotic Vacuum Cleaner Market Segmentation:
Our report has categorized the market based on region, type, type of charging, distribution channel, application and end-user.
Market Breakup by Type:
- Robotic Floor Vacuum Cleaner
- Robotic Pool Vacuum Cleaner
Market Breakup by Type of Charging:
- Manual Charging
- Automatic Charging
Market Breakup by Distribution Channel:
- Institutional/Direct Sales
- Retail Sales
Market Breakup by Application:
- Vacuum Cleaning Only
- Vacuum Cleaning and Mopping
Market Breakup by End-User:
- Residential
- Commercial
- Hospitality
- Offices
- Healthcare
- Retail
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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