The global robotic vacuum cleaner market is expected to grow by USD 3.7 billion as per Technavio. This marks a significant market slowdown compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 18%.
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Technavio has announced its latest market research report titled Global Robotic Vacuum Cleaner Market 2020-2024 (Graphic: Business Wire)
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Read the 120-page report with TOC on "Robotic Vacuum Cleaner Market Analysis Report by End-user (Residential sector and Commercial sector), Charging (Manual charging and Automatic charging), Application (Vacuum cleaning only and Vacuum cleaning and mopping), Geography (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2020-2024".
The market is driven by the changing lifestyles and tech-savvy population. In addition, the emergence of the internet of clean (IoC) is anticipated to boost the growth of the robotic vacuum cleaner market.
The growing popularity of smart homes has increased consumers' inclination toward smart appliances that can integrate all functionalities with hand-held devices. In addition, changing lifestyles and busy schedules have driven consumers to look for convenient methods of performing cleaning and mopping tasks at homes. These factors have significantly increased the adoption of robotic vacuum cleaners, which is driving the growth of the market.
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Major Five Robotic Vacuum Cleaner Companies:
AB Electrolux operates the business through various segments such as Major Appliances EMEA, Major Appliances North America, Major Appliances Latin America, Major Appliances Asia/Pacific, Home Care and SDA, and Professional Products. The company offers a wide range of robotic vacuum cleaners. PUREi9 is one of its popular offerings.
Dyson Ltd. operates the business through segments such as Products and Business products. The company offers a wide range of robotic vacuum cleaners. Dyson 360 Eye robot is one of its key offerings.
ECOVACS Robotics Co. Ltd.
ECOVACS Robotics Co. Ltd. operates the business through DEEBOT and WINBOT segments. DEEBOT is one of its key product offerings. It is a mobile floor cleaning robot, which facilitates smart home systems with smart navigation and control.
ILIFE INNOVATION Ltd.
ILIFE INNOVATION Ltd. operates the business through the Products segment. Through this segment, the company offers a wide range of robotic vacuum cleaners. A series and V series are some of the key offerings of the company.
iRobot Corp. operates the business through a unified business segment. Through this segment, the company offers various consumer robotic products, including robotic vacuum cleaners. Roomba Robot Vacuums is one of the key offerings of the company.
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Robotic Vacuum Cleaner End-Users Outlook (Revenue, USD Billion, 2020 2024)
- Residential sector
- Commercial sector
Robotic Vacuum Cleaner Application Outlook (Revenue, USD Billion, 2020 2024)
- Vacuum charging only
- Vacuum cleaning and moping
Robotic Vacuum Cleaner Charging Outlook (Revenue, USD Billion, 2020 2024)
- Manual charging
- Automatic charging
Robotic Vacuum Cleaner Geographic Outlook (Revenue, USD Billion, 2020 2024)
- North America
- South America
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Related Reports on Industrials Include:
Residential Robotic Vacuum Cleaner Market in Western Europe Residential robotic vacuum cleaner market in Western Europe by product (vacuum cleaner robots and vacuum and mop cleaner robots) and geography (the UK, Germany, the Netherlands, France, and the rest of Western Europe).
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