Robotic Vacuum Cleaner Market

Report Code - SE20211022GR | Industry - Semiconductor & Electronics | Published on - November, 2021 | Pages - 159 | Format -

Robotic Vacuum Cleaner Market by Type, Application and Region - Global Market Analysis and Forecast (2019 - 2026)




The global market for robotic vacuum cleaner is expected to grow from $ 4,537.9 million in 2021 to $ 9,738.4 million in 2026. The market is expected to grow at a CAGR of 16.5% over the forecast period (2021-2026). The robotic vacuum cleaner market is experiencing growth and increased demand driven by several key factors. The convenience and time-saving benefits offered by these devices have resonated with consumers seeking to simplify their cleaning routines. Technological advancements, such as improved navigation and mapping capabilities, have enhanced the efficiency and performance of robotic vacuum cleaners, further driving their adoption.

Market Dynamics

Increasing Adoption of Smart Home Technology Drives the Robotic Vacuum Cleaner Market

One prominent driver of the robotic vacuum cleaner market is the increasing adoption of smart home technology. Smart homes are becoming more prevalent as consumers embrace the convenience and connectivity offered by these systems. Robotic vacuum cleaners, with their autonomous cleaning capabilities, seamlessly fit into the ecosystem of smart homes, enhancing the overall efficiency and comfort of daily household tasks.

Smart home technology enables users to control and monitor various devices remotely through mobile apps or voice assistants. Robotic vacuum cleaners can be integrated into these systems, allowing users to schedule cleaning sessions, adjust settings, and receive real-time cleaning updates from anywhere. This level of control and convenience aligns with the modern lifestyle, where homeowners seek ways to simplify their routines and save time.

The integration of robotic vacuum cleaners with smart home technology goes beyond remote control. These devices can also interact with other smart devices, such as smart speakers, cameras, or motion sensors, to provide an intelligent and automated cleaning experience. For example, homeowners can set up routines where the robotic vacuum cleaner starts cleaning when they leave the house or activate it by voice command.

The growth of the Internet of Things (IoT) and the increasing availability of smart home ecosystems further drive the demand for robotic vacuum cleaners. Manufacturers are focusing on developing compatible devices that seamlessly integrate with existing smart home platforms, ensuring a seamless user experience. This compatibility and interoperability attract tech-savvy consumers who are invested in building a connected and automated home environment.

The convenience and integration offered by smart home technology play a crucial role in expanding the market for robotic vacuum cleaners. As more consumers embrace smart home systems and seek ways to streamline their daily tasks, the demand for robotic vacuum cleaners is expected to rise. Manufacturers are continually innovating to offer more advanced features and better integration with smart home platforms, further driving the growth of the robotic vacuum cleaner market.

Limited Effectiveness on Certain Surfaces Poses a Challenge for the Robotic Vacuum Cleaner Market

One significant challenge faced by the robotic vacuum cleaner market is its limited effectiveness on certain surfaces. While these devices excel in cleaning hard floors, they may encounter difficulties when dealing with certain types of carpets, rugs, or uneven surfaces. The design and functionality of robotic vacuum cleaners, particularly their navigation and suction capabilities, may struggle to achieve the same level of cleaning performance on these challenging surfaces.

Carpets and rugs with a deep pile or uneven texture can impede the movement of robotic vacuum cleaners. The wheels and brushes may have difficulty navigating through these surfaces, resulting in reduced cleaning efficiency. Additionally, some robotic vacuum cleaners may not have sufficient suction power to effectively remove dirt and debris embedded in thick carpets. As a result, homeowners may need to manually clean these surfaces or use traditional vacuum cleaners for a more thorough cleaning.

Another challenge lies in effectively cleaning corners, edges, and tight spaces. The round or D-shaped design of many robotic vacuum cleaners can limit their reach and effectiveness in reaching and cleaning areas close to walls or furniture. While some models are equipped with side brushes or specialized cleaning modes to address this challenge, they may still struggle to achieve the same level of precision and thoroughness as traditional vacuum cleaners.

Integration of Artificial Intelligence and Machine Learning Creates Growth Opportunities in the Robotic Vacuum Cleaner Market

One significant opportunity in the robotic vacuum cleaner market lies in the integration of artificial intelligence (AI) and machine learning technologies. These advancements have the potential to revolutionize the capabilities and functionalities of robotic vacuum cleaners, leading to improved performance, efficiency, and user experience.

AI-powered robotic vacuum cleaners can analyze and learn from their surroundings, adapting their cleaning patterns and behavior based on the specific environment they operate in. By utilizing sensors, cameras, and advanced algorithms, these devices can map the layout of a home, identify obstacles, and optimize their cleaning routes. This intelligence enables them to efficiently navigate complex floor plans, avoid obstacles, and adapt to changes in the environment, resulting in more thorough and effective cleaning.

Machine learning algorithms allow robotic vacuum cleaners to continuously improve their performance over time. By collecting and analyzing data on cleaning patterns, user preferences, and environmental factors, these devices can fine-tune their cleaning techniques and optimize their cleaning efficiency. This learning capability ensures that the robotic vacuum cleaner becomes more effective and tailored to the specific needs of each home and user.

The integration of AI and machine learning also opens up opportunities for advanced features and functionalities in robotic vacuum cleaners. For example, these devices can learn the optimal cleaning schedules based on user behavior and preferences, automatically adjust their suction power based on floor type, or recognize and prioritize cleaning in high-traffic areas. Such intelligent features enhance the overall user experience and deliver more customized and efficient cleaning solutions.

Some of the market's key participants are Ecovacs, Fmart, Funrobot(MSI), Infinuvo(Metapo), LG, Mamibot , Matsutek, Miele, Neato Robotics, Philips, Proscenic, Samsung, Sharp, Vorwerk, Xiaomi, Yujin Robot, iRobot. This report intends to identify significant growth areas and to explore relevant market strategies. This in-depth analysis delves into the global market for robotic vacuum cleaner. The primary goal of this research is to examine the potential growth areas, significant trends, and the market's impact on the industry. The report also reviews the adoption of robotic vacuum cleaner in both established and emerging markets.

Study Goals and Objectives

  • The goals and objectives of this study are:
    • To provide a comprehensive analysis of the robotic vacuum cleaner industry and its sub-segments in the global market, as well as an in-depth look at the industry's structure.
    • To provide an in-depth analysis of the variables driving and restraining the global market for robotic vacuum cleaner.
    • Estimate the global market size for robotic vacuum cleaner with 2020 as the base year and a forecast period of 2021 to 2027.
    • To analyze the global market for robotic vacuum cleaner in major areas and countries.
    • To provide a strategic profile of significant global firms, as well as a detailed study of their competitiveness and competitive environment in this industry.
    • To provide a distribution chain analysis/value chain for the robotic vacuum cleaner market.

This study offers a thorough examination of global markets, as well as detailed profiles of key market participants, a revenue product portfolio, and current activities. This research looks into trends and dynamics like drivers, restraints, challenges, and opportunities. This study discusses the strategies used by developing industry participants, as well as advice for new market entrants. This research study examines market sizes in the past, present, and future.

Market Segmentation

The market segmented in this report into type and application.

  • Based on type, the global robotic vacuum cleaner market is segmenting into below 150 usd, 150 usd to 300 usd, 300 usd to 500 usd, above 500 usd.
  • Based on application, the robotic vacuum cleaner market is segmenting into household, commercial, others.

Geographic Breakdown

In this report, the following geographic regions were considered for market research:

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Rest of the World
    • Middle East & Africa
    • Latin America

Information Sources

Key data were derived from various sources, including government agencies in Canada, China, India, Japan, the European Union, and the United States. International organizations also contributed raw data for final estimates. Estimated market trends were derived from annual reports, investor presentations, SEC filings, product portfolios, and news announcements. Data was gathered from the market's major end-users. Statistical studies were used to confirm global and regional market sales data for current and anticipated values.

Key Questions Addressed in This Report

  • What is the size of the robotic vacuum cleaner market?
  • What are some of the most recent trends that will shape the future of the robotic vacuum cleaner market?
  • Who are the key players in the robotic vacuum cleaner market? What are their main strategies for increasing their market presence?
  • Which region has the highest potential for growth in the robotic vacuum cleaner market?
  • Which regions have the largest share of the robotic vacuum cleaner market?
  • Who are the major robotic vacuum cleaner applications likely to fuel industry growth over the next five years?

1. Introduction

2. Market Overview

2.1. Global Robotic Vacuum Cleaner Market Introduction

2.2. Macro- Economic Factor

2.3. Market Determinants

2.3.1. Market Driver

2.3.2. Market Restraints

2.3.3. Market Opportunities

2.3.4. Market Challenges

2.4. Technology/Product Roadmap

2.5. PEST Analysis

2.6. Market Growth Opportunity Analysis

2.7. Impact of Covid-19 on Robotic Vacuum Cleaner Market

3. Market Segmentation

3.1. Global Robotic Vacuum Cleaner Market Analysis (US$ Mn), By Type, 2019 - 2026

3.1.1 Below 150 USD

3.1.2 150 USD to 300 USD

3.1.3 300 USD to 500 USD

3.1.4 Above 500 USD

3.2. Global Robotic Vacuum Cleaner Market Analysis (US$ Mn), By Application, 2019 - 2026

3.2.1 Household

3.2.2 Commercial

3.2.3 Others

4. Regional Analysis

4.1. North America Robotic Vacuum Cleaner Market Analysis (US$ Mn), 2019 - 2026

4.1.1. By Country

4.1.1.1. U.S.

4.1.1.2.Canada

4.1.2.By Type

4.1.3.By Application

4.2.Europe Robotic Vacuum Cleaner Market Analysis (US$ Mn), 2019 - 2026

4.2.1.By Country

4.2.1.1.Germany

4.2.1.2.U.K.

4.2.1.3.France

4.2.1.4.Italy 

4.2.1.5.Spain

4.2.1.6.Rest of Europe

4.2.2.By Type

4.2.3.By Application

4.3.Asia Pacific Robotic Vacuum Cleaner Market Analysis (US$ Mn), 2019 - 2026

4.3.1.By Country

4.3.1.1.China

4.3.1.2.Japan

4.3.1.3.India

4.3.1.4.Rest of Asia Pacific

4.3.2.By Type

4.3.3.By Application

4.4.Rest of world Robotic Vacuum Cleaner Market Analysis (US$ Mn), 2019 - 2026

4.4.1. By Region

4.4.1.1. Middle East & Africa

4.4.1.2. Latin America

4.4.2.By Type

4.4.3. By Application

5.Company Profiles 

5.1 Ecovacs

5.2 Fmart

5.3 Funrobot(MSI)

5.4 Infinuvo(Metapo)

5.5 LG

5.6 Mamibot 

5.7 Matsutek

5.8 Miele

5.9 Neato Robotics

5.10 Philips

5.11 Proscenic

5.12 Samsung

5.13 Sharp

5.14 Vorwerk

5.15 Xiaomi

5.16 Yujin Robot

5.17 iRobot

 

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