Robotic Vacuum Cleaner Industry End User Analysis, Application, and Trends
Global robotic
vacuum cleaner market is expected to grow at a significant CAGR of
17.19% in the upcoming period as the scope and its applications are rising
enormously across the globe. A robotic vacuum cleaner is also termed, as
“robovac” is a cleaning instrument that comprises excellent programming and a
limited vacuum cleaning system.
The factors that are playing a major role in
the growth of market are the growing demand from the end-users, the growing
respiratory related diseases, and the presence of air filters like HEPA in
robotic vacuum cleaners. However, the threat from substitutes may restrain
overall market growth in the years to come. Market is segmented based on type,
charging type, end-user, distribution channel, and region.
Robotic pool and floor vacuum cleaner are the
types that could be explored in a robotic vacuum cleaner market in the forecast
period. The robotic floor vacuum cleaner sector accounted for the substantial
market share of the robotic vacuum cleaner and is estimated to lead the overall
market in the years to come. The reason could the growing demand from end-users
like residential and commercial users.
Based on the charging type, automatic
charging and manual charging could classify robotic vacuum cleaner market in
the forecast period. The manual charging sector accounted for the substantial
market share of the robotic vacuum cleaner and is estimated to continue its
dominance in the years to come. The reason could be the low cost of the product
and its easy functioning. Also, the automatic charging sector is estimated to
grow at the fastest pace in the years to come.
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The market may be categorized based on
end-users like commercial and residential consumers that could be explored in
the forecast period. The commercial consumer’s sector comprises retail,
hospitality, healthcare, offices, airports, educational institutes, and others.
Residential sector accounted for the substantial market share of the robotic
vacuum cleaner and is estimated to lead the overall market in the years to
come.
Based on the distribution channel,
retail sale, online channel, supermarket, and others could classify robotic
vacuum cleaner in the forecast period. The online sector accounted for the
significant market share of the robotic vacuum cleaner and is estimated to lead
the overall market in the years to come. The reason could be ease of buying,
availability of several varieties, and offers on the product.
Globally, North America accounted for
the substantial market share of the robotic vacuum cleaner and is estimated to
lead the overall market in the years to come. The reason behind the overall
market growth could be the rising need for large-scale replace of old-products
with enhanced and high-tech vacuum cleaners. The United States is a major
consumer of robotic vacuum cleaner in this region.
Europe and the Asia Pacific are also
estimated to have a positive influence on future growth. Europe is the second
largest region with significant market share. However, Asia Pacific is
estimated to grow at the highest CAGR in the forecast period. The developing
countries like India and China are the major consumers of the robotic vacuum
cleaner in this region.
The key players of the robotic vacuum
cleaner market are ILIFE Robotics Technology, iRobot Corporation, Sharp
Corporation, ECOVACS ROBOTICS, Haier Electronics Group Co Ltd, Neato Robotics,
Hayward Industries Inc., Dyson Ltd., Miele & Cie. KG, Samsung Electronics
Co. Ltd., Panasonic Corporation, Maytronics Ltd., LG Electronics Inc., Metapo,
Inc., and Koninklijke Philips N.V. These players are concentrating on inorganic
growth to sustain themselves amidst fierce competition.
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