Cleaning Robot Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMICT665 | Last Updated On: Jun 16 2022 | Available Formats

> Global Cleaning Robot Market Expected to reach a high CAGR By 2029: DataM Intelligence.

Global Cleaning Robot Market is segmented By Product Type (Floor Cleaning, Pool Cleaning, Window Cleaning, Lawn Cleaning, Others), By Application (Residential, Industrial, Commercial), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

Cleaning robots are autonomous robots loaded with advanced features to perform self-drive mode and cleaning automatically.

Global "Cleaning Robot Market" is accounted for a market value  is expected to grow at a CAGR in the forecast period (2022-2029).

Market Dynamics

  • The growth in the industry is mainly due to increasing new developments in robotics technology along with rising disposable incomes and demand for automation in various applications.
  • Rising technological improvements in vacuum cleaners; highly advanced, small-sized, and efficient cleaning appliances are being developed that can easily fit into limited spaces compared to traditional robots, which will further drive the market growth in the coming years.
  • However, the high cost associated with the cleaning robots is acting as a restraining factor in the market. Cleaning robot is expensive than the traditional vacuum cleaner, which makes it less affordable to all segments of people.

Market Segmentation Analysis

  • By product type, into floor cleaning, pool cleaning, window cleaning, lawn cleaning, and others.
  • The floor cleaning robot segment accounted for the largest share of XX% of the market in 2017 for the residential application due to the high penetration of automation in household appliances. The pool-cleaning robots segment is expected to grow at the highest CAGR during the forecast period to 2026, as manual cleaning of pools requires a lot of effort and time.
  • Hence, the introduction of the pool-cleaning robot has simplified the process of cleaning with an advanced, efficient, and cost-effective version of the traditional pool-cleaning equipment.
  • By Application, the market is segmented into Residential, Industrial, and Commercial. The residential segment is leading the global cleaning robot market in 2017 and accounted for the largest share of about XX% due to its high penetration in-home applications.
  • Cleaning robots in the residential application are used to perform tasks such as mopping and cleaning. Employing domestic workers is too expensive with high labor charges, thus cleaning robots could be an excellent option for cleaning homes.

Geographical Share

  • Based on geography the market is segmented into North America, South America, Europe, Asia Pacific, and Rest of the world.
  • North America accounted for the largest market share for cleaning robots. The United States is the major contributor to the growth of the cleaning robots market in North American region due to increasing advancement in technology and high spending rate.
  • The Asia-Pacific market is expected to show strong growth due to rising adoption of cleaning robots and the emergence of new global players with new developments in their products.

Key Companies in the market

  • Key players in the global Cleaning Robot market are Ecovacs, iRobot, Dyson Ltd., Koninklijke Philips N.V., LG Electronics Inc., Neato Robotics Inc., Intellibot Robotics, and Samsung Electronics.
  • The key players are adopting various vital strategies such as partnerships, collaborations, and product development to introduce new technologies in the market.
  • For instance, In Oct 2017, iRobot Corp. acquired privately-held Robopolis SAS (Robopolis), based in France. The acquisition enabled iRobot to capitalize on market momentum driving accelerated adoption of robots for the home.

Reasons for purchasing this report?

  • Visualize the composition of the Global Cleaning Robot across each indication, regarding type and treatment options, highlighting the critical commercial assets and players.
  • Identify business opportunities in Global Cleaning Robot market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of the Global Cleaning Robot market.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the principal products of all major market players

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