APACs – You Can’t Afford to Ignore Research data of Cleaning Robot Market worth $25.9 Billion by 2027
Attractive Opportunity: Supercharge your Visualization
The
growth of Cleaning robot market is attributed to the increasing
adoption of AI and IoT in household appliances, growing adoption of
cleaning robots in commercial sector, rising demand for disinfecting
robots in healthcare facilities. During the forecast period, development
of AI-enabled and voice-controlled smart cleaning robots is expected to
create growth opportunities for the market.
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Industry Trends of the Global Cleaning Robot Market:
1. Amazon.com, Inc. (US) and iRobot Corporation (US) announced a
definitive merger agreement under which Amazon will acquire iRobot
Corporation under its expansion plan with a USD 1.7 billion offer. The
acquisition will bolster Amazon’s line of smart home products and add to
the retail giant’s vast store of consumer data.
2. Ecovacs
Robotics Co., Ltd., (China) one of the world’s leading service robotics
leaders, is making good on its new mission, “Robotics for all”, by
reimagining floor cleaning with the new AI-powered DEEBOT T10 robotic
vacuum cleaner. The new DEEBOT combines next-generation technologies,
such as AIVI 3.0 Upgraded AI-based Object Recognition and Avoidance
technology, that offer tech-savvy households’ unique advantages. It also
ushers in a new era of human-bot interaction with YIKO Voice Assistant,
making the DEEBOT T10 everyone’s intelligent butler.
3. Xiaomi
(China) launched the Mi Robot Vacuum-Mop 2 series in Europe, which
includes the Mop 2S, Mop 2 Pro, and the Mop 2 Ultra.
What are the Driving Factors of Evolution of consolidation in Cleaning Robot Market ?
The Cleaning Robot Market is projected to grow from USD 9.8 Billion in 2022 to USD 25.9 Billion by 2027; it is expected to grow at a CAGR of 21.5% during the forecast period
Cleaning Robot Market Report Scope:
Report Metric | Details |
| Market size value in 2022 | USD 9.8 Billion |
| Market size value in 2027 | USD 25.9 Billion |
| Growth rate | 21.5% |
Market size available for years | 2018—2027 |
Forecast period | 2022—2027 |
Units | Value (USD Million/USD Billion), Volume (Thousand Units) |
Segments covered |
|
Geographic regions covered |
|
Personal cleaning robots type to account for a larger share of cleaning robot market in 2022
Personal cleaning robots account for a larger share of the cleaning robot market, which is attributed to the growing sales of floor-cleaning robots for domestic purposes. The busy lifestyle and the increase in automation have led to a growth in demand for floor-cleaning robots, which can easily perform the task of dry and wet cleaning. They can be scheduled and controlled using a smartphone or tablet. Apart from floors, personal cleaning robots can also be used for the cleaning of pools, lawns, and windows.
Cleaning Robot Market : Top Leading Companies Profiles Key Benefits For Stakeholders:
Residential application to lead cleaning robot market in 2022
The cleaning robot market for residential applications is expected to hold the largest market share during the forecast period. Technological advancements are enabling these robots to become more practical and usable day by day. This is driving consumer demand and acceptance of such products. Rising consumer demand for autonomous robotic technology and the minimization of human intervention are factors driving market growth.
The key players operating in the cleaning robot market include iRobot Corporation (US), Ecovacs Robotics Co., Ltd (China), Samsung Electronics Co., Ltd. (South Korea), Xiaomi (China), and Roborock (China) among others.
Cleaning Robot Market - Geographical Regional Vision by MarketsandmarketsTM
Asia Pacific to hold significant opportunities for the market during forecast period
Asia
Pacific is the fastest-growing market for cleaning robots. The rise in
disposable income among consumers in countries of the region has led to
the rapid adoption of cleaning robots in the residential segment. The
increasing adoption of cleaning robots and the influx of global players,
along with the emergence of native players, are driving market growth.
China is one of the key countries for the cleaning robot market in Asia
Pacific as the country is the major manufacturing hub for cleaning
robots globally. The presence of several manufacturers and suppliers in
China has helped the cleaning robot market to expand rapidly in the
country. The country accounts for a share of more than 50% of the
cleaning robot market in Asia Pacific.
• PR Newswire Link :
https://www.prnewswire.com/news-releases/cleaning-robot-market-worth-25-9-billion-by-2027--exclusive-report-by-marketsandmarkets-301635190.html
Regions & Countries Covered:
North America - (U.S., Canada, Mexico)
Europe - (U.K., France, Germany, Italy, Spain, Rest of Europe)
Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
Latin America - (Brazil, Argentina, Rest Of Latin America)
The Middle East & Africa - (GCC Countries, South Africa, Rest Of the Middle East & Africa)
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