Robotic Vacuum Cleaner Market Global Size, Share, and Revenue Growth Trends
The global Robotic Vacuum Cleaner Market By 2024 is expected to witness significant growth, with its market size projected to increase from USD 9.77 billion in 2020 to 2028 by USD 50.65 billion. This reflects a compound annual growth rate (CAGR) of 27.2% over the forecast period. This report highlights industry growth trends, key drivers such as cost-effective solutions and sustainable practices, and emerging opportunities across residential, commercial, and industrial sectors.
The Robotic Vacuum Cleaner Market comprises key manufacturers such as Dyson Ltd. (Malmesbury, U.K.), ECOVACS (Suzhou, China), iRobot Corporation (Massachusetts?, U.S), LG Electronics (Seoul, South Korea), Samsung Corporation (Seoul, South Korea), Proscenic (Zhengzhou, China), Matsutek Enterprises Co. Ltd. (Taipei, Taiwan), Neato Robotics (Newark, California), Koninklijke Philips N.V. (Amsterdam, Netherlands), Robert Bosch GmbH (Gerlingen, Germany), Panasonic Corporation (Osaka?, Japan), Bissell Inc. (Grand Rapids, Michigan), Miele & Cie. KG (Gütersloh, Germany), Sharp Corporation (Osaka?, Japan) Expansions, collaborations, and deals were some of the major strategies adopted by these key players to enhance their positions in the Robotic Vacuum Cleaner Market.
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Market Scope:
Featuring in-depth analysis and forward-looking projections, this report is an essential resource for stakeholders aiming to leverage emerging opportunities and address challenges in the Robotic Vacuum Cleaner Market. Key recent industry developments include;
- Neato Robotics announced the launch of new intelligent robot vacuum cleaner models under its premium product line, namely Neato D10, D9, and D8 at IFA, Berlin 2020
- ECOVACS introduced a new product in their T8 series of robotic vacuum cleaners, the DEEBOT OZMO T8, with advanced object detection technology, innovative accessories such as OZMO Pro Mopping System and Auto-Empty Station for hassle-free cleaning.
- ECOVACS officially launched its new AI (Artificial Intelligence) powered floor cleaning residential robot, the DEEBOT OZMO 960 and the award-winning window cleaning robot, the WINBOT X, in CES (Consumer Electronics Show) 2019 held in Las Vegas.
- Samsung Electronics announced the latest innovative and popular line of POWERbot vacuum cleaners, VR7000, in CES (Consumer Electronics Show) 2017 held in Las Vegas, that is made for hard-to-reach places and has enough suction capacity.
Robotic Vacuum Cleaner Market Highlights:
The report provides valuable insights into the Compound Annual Growth Rate (CAGR) of the Robotic Vacuum Cleaner Market, projecting its growth from 2020 to 2028. It offers a comprehensive analysis of the key drivers fueling market expansion, highlighting the factors that will propel growth during the forecast period. Additionally, the report delivers precise estimates of the market size and share, helping stakeholders understand the Robotic Vacuum Cleaner Market’s position in the broader industry.
Future trends and consumer behavior forecasts are also covered, offering a forward-looking perspective on market shifts. The report includes a regional growth analysis, breaking down the performance of the Robotic Vacuum Cleaner Market across;
- North America (By Type, Application, Operation Mode, Distribution Channel, Price and Country)
- U.S. (By Type)
- Canada (By Type)
- Europe (By Type, Application, Operation Mode, Distribution Channel, Price and Country)
- U.K. (By Type)
- Germany (By Type)
- France (By Type)
- Rest of Europe
- Asia Pacific (By Type, Application, Operation Mode, Distribution Channel, Price and Country)
- China (By Type)
- India (By Type)
- Japan (By Type)
- Southeast Asia (By Type)
- Rest of Asia Pacific
- Middle East & Africa (By Type, Application, Operation Mode, Distribution Channel, Price and Country)
- GCC (By Type)
- South Africa (By Type)
- Rest of the Middle East & Africa
- Latin America (By Type, Application, Operation Mode, Distribution Channel, Price and Country)
- Brazil (By Type)
- Mexico (By Type)
- Rest of Latin America
Segmentation of this market:
Robotic Vacuum Cleaner Market Size, Share & Industry Analysis, By Type (Floor Vacuum Cleaner, Window Vacuum Cleaner, Pool Vacuum Cleaner), By Application (Household and Commercial), By Operation Mode (Self-Drive & Remote Control), By Distribution Channel (Online & Offline), By Price (Below USD 150, USD 150 – 300, USD 300 – 500, Above USD 500) and Regional Forecast, 2021-2028
Explore a comprehensive Table of Contents, featuring detailed charts, tables, and figures, spread across 120+ pages. This report offers exclusive data, key statistics, industry trends, and insights into the competitive landscape within this niche sector.
Table of Contents:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Key Insights
- Industry Developments – Mergers, Acquisitions, and Partnerships
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Advancements
- Value Chain Analysis
TOC Continued…!
Drivers & Restrains:
- Drivers:
- Increasing consumer demand for convenience and time-saving solutions in home cleaning driving the popularity of robotic vacuum cleaners.
- Technological advancements in navigation and mapping technologies enhancing the efficiency and performance of robotic vacuum cleaners.
- Restraints:
- High initial purchase cost compared to traditional vacuum cleaners may deter budget-conscious consumers from investing in robotic options.
- Concerns over reliability and effectiveness on various surfaces, as well as limitations in cleaning larger areas, may limit market growth.
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