Thursday 13 October 2022

Global Cleaning Robot Market Analysis [2022-2027] | Industry Size, Share, Trends, Demand, Growth

 

Attractive Opportunity:

Increasing development in vacuum cleaners with self-charging capabilities and compact size will drive the cleaning robot market growth in coming years. The rapidly advancing smart home technology and the increasing penetration of AI and IoT in household appliances have allowed the development of cleaning robots, further strengthening the market growth. Cleaning robots are available in the market in various forms and designs for various purposes. Cleaning robots, such as robot vacuum cleaners, are generally used for residential as well as commercial sectors. They are also deployed in various commercial applications such as malls, offices, manufacturing plants, airports, etc.

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Findings of the Global Cleaning Robot Market:

    The development of AI and IoT has provided new avenues for robots to interact and work with humans. Also, the development and evolution of MEMS (micro-electromechanical systems) and sensors and enhancements in visualization technologies have improved the efficiency and accuracy of robots.

   The growth in the cleaning robot market is led by innovation and modernization in the field of robotics. Technological advancements and research activities have led to the development of cleaning robots, helping humans perform mundane tasks.

    Technological advancements in manufacturing, sensors, and visualization equipment have further resulted in low-cost cleaning robots that are specialized to carry out cleaning.

    The development of IoT and wireless technologies has given users the power to control robots using remotes or smartphones. A user can schedule a cleaning phase without being present in the house.

What are the Driving Factors of the
Cleaning Robot Market?

The growth of the 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.

Increasing concern about higher cost of personal cleaning robots drive : The Market Growth

A cleaning robot is costlier than a traditional vacuum cleaner, which makes it less affordable for residential use. People from emerging economies such as India and China still rely on professional services, labor, or traditional vacuum cleaner machines for cleaning purposes. The price of a cleaning robot in 2021 was in the range of USD 250 to USD 999 and above. In 2021, the GDP per capita of India, China, and Brazil was USD 2277.43, USD 12556.33, and USD 7518.83, respectively.

Global OPPORTUNITIES: Proliferation of cleaning robots in industrial applications during the forecast period:

In the commercial and industrial sectors, cleaning is done on a large scale, and cleaning robots help in saving labor costs, which, in turn, is helping the companies involved in these sectors to cut down on operation costs. This will further add an opportunity for cleaning robot manufacturers to accelerate their scope in new applications such as the industrial sector. Such robots are now involved in steel-cleaning operations, including high-pressure washing & cleaning and hydro blasting.

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Cleaning Robot Market Top Companies Profiles:

  • iRobot Corporation (US),
  • Ecovacs Robotics Co., Ltd (China),
  • Samsung Electronics Co., Ltd. (South Korea),
  • Xiaomi (China),
  • Roborock (China)

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.

Regional Insight by MarketsandmarketsTM Research:

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.

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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