USD 15.23 Billion
Robotic Vacuum Cleaners Market Size, Share, Growth Analysis, By Type(Floor Vacuum Cleaner, Window Vacuum Cleaner, Pool Vacuum Cleaner), By Application(Residential, Household, 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), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25A2246 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|Tables:
143
|Figures:
72
Robotic Vacuum Cleaners Market Insights
Global Robotic Vacuum Cleaners Market size was valued at USD 15.23 Billion in 2022 and is poised to grow from USD 19.37 Billion in 2023 to USD 132.73 Billion by 2031, growing at a CAGR of 27.2% in the forecast period (2024-2031).
Technology-based cleaning robots are gaining popularity worldwide by providing environmentally efficient, clean and healthy environments in residential and commercial areas. The COVID-19 pandemic has spread naturally worldwide, resulting in poor housing conditions. The production of these refineries has declined dramatically worldwide due to the sudden closure of manufacturing facilities. Because some of these cleaners offer UV sterilization and stable indoor climates, their overall needs have not been significantly affected. Production of new vacuums has been suspended, affecting both sales and international exports and imports. Countries that are not interested in this include China, India, Germany, the U.K., France, the United States, and others. Key market players are focusing on R&D to introduce new developments such as robotic surface cleaning disinfectants for immediate disinfection of bacteria and viruses in aerosols.
Market Snapshot - (2024-2031)
Global Market Size
Largest Segment
Residential
Fastest Growth
Commercial
Growth Rate
27.2% CAGR
Global Robotic Vacuum Cleaners Market ($ Bn)
Country Share for North America Region (%)
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Robotic Vacuum Cleaners Market Segmental Analysis
Based on Type the market is segmented as, Floor Vacuum Cleaner, Window Vacuum Cleaner, Pool Vacuum Cleaner. Based on Application the market is segmented as, Residential, Household, Commercial. Based on Operation Mode the market is segmented as Self-Drive, Remote Control. Based on Distribution Channel the market is segmented as, Online, Offline. Based on Price the market is segmented as, Below USD 150, USD 150 - 300, USD 300 - 500, Above USD 500. Based on Region the market is segmented as North America, Europe, Asia Pacific, Middle East & Africa.
Analysis by Application
In terms of revenue, the residential segment dominated the market. It had a share of 46.7% by 2021. The residential segment is also expected to grow rapidly at a CAGR of 23.9% during the forecast period from 2022 to 2030. The dominance of this segment is driven by the increasing number of smart homes and smart homes around the world A growing trend. The segment is also likely to grow due to increasing adoption of daily consumer products and reducing human interference. Robotic vacuum cleaners are also widely accepted due to various factors such as size, less maintenance, easily accessible locations on shelves, beds, tables, etc. So, due to some of the reasons, this segment is expected to generate significant revenue.
The commercial segment is expected to grow at a substantial CAGR of 23.3% at a substantial CAGR of 23.3% during the forecast period from 2022 to 2030. The growth of the segment is attributed to the growth of this segment due to its efficiency and speed plus improved accuracy. In addition, the demand and need for cleaning commercial spaces without the involvement of human operators has been highlighted by COVID-19 which has also led to the adoption of robotic vacuum cleaners. Especially to maintain cleanliness and hygiene and control the spread of COVID-19, demand and acceptance was seen in the clinical segment thus helping the growth of the segment.
Analysis by Type
The floor vacuum cleaner type dominated the market with 60.7% share in 2021 and is expected to witness the fastest growth during the forecast period at 23.7% CAGR from 2022 to 2030. Consumers in the market are highly interested in purchasing wooden floors, marble, vinyl, tiled floors etc. floor vacuum cleaners because of their versatility
Most of the daily activities in household cleaning focus on cleaning floors, so the demand for floor vacuum cleaners is increasing. The dominance and high growth of the segment can be attributed to its efficiency in removing the smallest of particles which can be causing health issues related to its cost-effectiveness.
The pool vacuum cleaner category is expected to expand at a significant CAGR of 23.1% from 2022 to 2030. Consumers in the market are more interested in purchasing pool vacuum cleaners as their brushing system helps to remove dirt and algae and bacteria from walls and floors. Additionally, this automated pool cleaning robot uses advanced computer technology to map the pool surface.
Again, these clean the pond quickly and are comparatively effective. Also, robotic pool vacuum cleaners are increasingly being used because they offer an independent filtration system that can be removed when full, without having to be connected to the pool's filtration system.
Global Robotic Vacuum Cleaners Market By Application (%)
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Robotic Vacuum Cleaners Market Regional Insights
North America is one of the largest markets for vacuum cleaners globally in terms of revenue and sales volume. The area’s demographics, high household density and strong buying power of consumers contribute to its popularity in the market. North America is the epicenter of technological innovation in air purifiers. Several leading vacuum cleaner manufacturers such as Dyson, SharkNinja and iRobot are available in North America. These companies are constantly investing in R&D with advanced features such as smart contacts, advanced suction power and advanced filtration systems to drive market growth and differentiation.
Asia-Pacific is estimated to hold the largest share of the Robot Vacuum Cleaner industry during the forecast period. This growth can be attributed to key market players in this segment. For example, in March 2021, Roborok, part of the Xiaomi family of brands, launched its Roborok T7S vacuum cleaner line with built-in ultrasonic sensors and artificial intelligence (AI), adding avoidance aids barriers, especially in China Increased adoption of robotic vacuum cleaners is also predicted to contribute to the market growth. Moreover, increasing availability of 5G networks and expansion of internet facilities in the region is also predicted to fuel the market growth.
Global Robotic Vacuum Cleaners Market By Geography
- Largest
- Fastest
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Robotic Vacuum Cleaners Market Dynamics
Drivers
Growing Demand for Remote Control Robotic Vacuum Cleaners to Lead the Market Growth of Global Robotic Vacuum Cleaners' Industry
- The remote-control segment is predicted to maintain a decent market share in the robotic air cleaning industry. This growth can be attributed to the increasing use of robotic vacuum cleaners that can be remotely controlled via smartphone apps over the internet coupled with the increasing demand for robotic vacuum cleaners in residential areas due to increasing purchasing power among consumers and rapid urbanization so Bovac -can be associated with it convenient noise-free storage facilities. These factors are expected to contribute to the overall growth of the industry over the forecast period.
Rapid digitization has driven the Global Robotic Vacuum Cleaners Industry
- Increased digitalization driven by widespread adoption of Internet of Things (IoT) solutions and increasing popularity of online workstations among consumers is expected to fuel the demand for robotic vacuum cleaners in the coming years. Furthermore, rising disposable income and an improved standard of living are estimated to contribute significantly to the market's growth. This is due to the increasing number of working people, busy lifestyles, and the need for help with simple household chores. Furthermore, rapid technological advancements such as the integration of artificial intelligence (AI) in internet connectivity and voice control services are also expected to have a positive impact on the growth of the market during the forecast period
Restraints
High Maintenance Cost Market Barrier
- These vacuum cleaners are equipped with high-end technical equipment including multi-sensors and transmitters. Improper use of these devices reduces the life of the devices, leading to higher maintenance costs. These vacuum cleaners are fused with technology. Therefore, they need to be well prepared. This may alienate consumers and lead to the adoption of conventional air filters, hindering the growth of this market.
High Initial Investment
- The major restraining factor in the global robotic vacuum cleaners market is the high upfront costs associated with these devices. Although robotic vacuum cleaners are out of it for convenience and practicality in the cleaning industry although their initial purchase price is usually high compared to conventional vacuum cleaners. especially in those communities where Household finances may be constrained.
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Robotic Vacuum Cleaners Market Competitive Landscape
The competitive environment of the Global Robotic Vacuum Cleaners Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Established organizations within the industry leverage techniques inclusive of product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Additionally, the market is witnessing elevated opposition from local and neighborhood producers supplying cost-powerful options.
Top Player’s Company Profiles
- 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)
Recent Developments
- In October 2022, Ecovacs launched the DEEBOT N8 2-in-1 with advanced suction capabilities and advanced dToF technology, ensuring high purity and the most powerful suction (3000 Pa) Available in the range an it’s 2000+ square feet. One charge at Ft with advanced dToF Technology including OZMO Mopping. It is a Next-Gen laser guidance technology that scans, maps and precisely plans effective maintenance strategies.
- In June 2022, Global consumer robotics company iRobot Corp unveiled the flagship Roomba J7+ smart vacuum cleaner with iRobot OS in India. The new smart vacuum cleaner now sits alongside the existing Roomba i7 series, S9 series, i3 series, and more. Like its existing products, the Roomba i7 series comes in two models - the regular Roomba J7 and the Roomba J7+, though the latter is only available in the country.
- In August 2022, Amazon announced a deal with iRobot, maker of the Roomba robot vacuum cleaner, to acquire the company for the US. $1.7 billion (about $5 per person in the US). Known for its robotic vacuum and Roomba, iRobot has since expanded its product range to include other robotic household cleaners such as mops and lawn mowers.
- In May 2022, Haier unveiled its first smart water purification technology in India - a 2-inch dry and wet mop robotic vacuum cleaner. The vacuum cleaner has 2.4 GHz Wi-Fi and Google Home Assistant and offers smart management with Haier smart app, voice control, and remote control.
Robotic Vacuum Cleaners Key Market Trends
- Market Trends in Intelligent AI-Based Devices and Cleaning Solutions: Increased disposable income, dual-income households and lifestyle changes are the major trend of this market, enabling consumers in emerging markets to purchase intelligent AI-based devices such as cleaning robots. Retailers in developed markets are also increasingly targeting the sale of preservatives. They offer a material that can collect dirt, dust, dander and germs from carpet, especially in busy areas, such as airports or hotel lobbies. Smart homes and commercial activities due to the development of robotic vacuum cleaners during the forecast period and the adoption of state-of-the-art technologies such as Wi-Fi connectivity, artificial intelligence (AI) capabilities and voice assistant (VA). To keep pace with ever-changing customer demands, many companies focus on developing and delivering innovative new products.
Robotic Vacuum Cleaners Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The advent of industrial robots has boosted the popularity of robotic air purifiers, driving growth over the forecast period. The growth in the robotics industry has led to high demand for products used in various industries such as manufacturing, automotive, healthcare etc., helping to expand the market size. This vacuum cleaner is a self-automation with intelligent software system, intelligent routing system, scalable power draw and timing mechanism. Adoption is expected to increase due to various benefits such as cost savings for HR.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 15.23 Billion |
| Market size value in 2031 | USD 132.73 Billion |
| Growth Rate | 27.2% |
| Base year | 2023 |
| Forecast period | (2024-2031) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Robotic Vacuum Cleaners Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Robotic Vacuum Cleaners Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Robotic Vacuum Cleaners Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Robotic Vacuum Cleaners Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Robotic Vacuum Cleaners Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Robotic Vacuum Cleaners Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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