Robotic Vacuum Cleaner Market is predicted to reach USD 10.31 billion at a CAGR of 10.50% during the forecast period 2023-2032

Market Research Future (MRFR) has published a cooked research report on the “Robotic Vacuum Cleaner Market”

The Robotic Vacuum Cleaner Market is estimated to register a CAGR of 10.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Robotic Vacuum Cleaner Market— Beijing Roborock Technology Co., Ltd., Dyson Ltd., Ecovacs Robotics, Electrolux AB, Haier Group Corporation, Hitachi Ltd., iRobot Corporation (Amazon Inc.), and LG Electronics Inc.

Market Highlights

The global Robotic Vacuum Cleaner Market is accounted to register a CAGR of 10.50% during the forecast period and is estimated to reach USD 10.31 billion by 2032.

The market is witnessing growth driven by the heightened adoption of robotic vacuum cleaners in smart homes and urban residences, specifically for automated floor cleaning tasks. The evolution of residential environments and the demand for intelligent solutions for household chores constitute significant contributors to the expansion of the robotic vacuum cleaner market.

Segment Analysis

The global Robotic Vacuum Cleaner Market has been segmented based on the Type, Application, Operation Mode, and Distribution Channel.

Based on the Type, the market is segmented into Floor Vacuum Cleaner, Pool Vacuum Cleaner. The Floor Vacuum Cleaner segment was attributed to holding the largest market share in 2022. The growing utilization of AI technology in cleaning robots for both commercial applications and emerging urban middle-class households in developing nations is expected to create new business prospects for vendors in the floor-cleaning robot market throughout the forecast period. Companies such as Dyson (UK), iRobot (US), and Neato Robotics (US) stand out as major players in this market.

Based on the Application, the Robotic Vacuum Cleaner Market has been segmented into Residential and commercial. The Residential segment was expected to hold the largest market share in 2022. Consumers are increasingly valuing automated products for the time and effort they save across various market sectors. The growing use of automated cleaners, driven by the adoption of smart home technology, is anticipated to contribute to market expansion. Advancements in electronics and their seamless integration with existing technologies have made conventional construction methods and smart homes more accessible and popular. The latest models of robotic vacuums can communicate with virtual assistants such as Google Assistant or Amazon's Alexa, understanding and executing audible commands. The interoperability of smart home and Internet of Things (IoT) devices holds the potential to open up new markets and commercial opportunities for manufacturers of robotic vacuum cleaners.

Based on the Operation Mode, the Robotic Vacuum Cleaner Market has been segmented into Automated, Remote Control. The Remote-Control segment was expected to hold the largest market share in 2022. The growth in this segment is fueled by the increasing preference for controlling cleaners through handheld remotes or mobile phones while the cleaning process is underway. An example is Samsung's Jet Bot AI+, a new autonomous vacuum cleaner. Users can remotely manage and monitor their Jet Bot AI+ through the SmartThings app on their mobile devices. The robot vacuum's Select & Go feature enables users to schedule it to clean specific areas or entire homes at predetermined times.

Based on the Distribution Channel, the Robotic Vacuum Cleaner Market has been segmented into Online, and Offline. The Online segment was expected to hold the largest market share in 2022. The expansion of social media marketing contributes to the upswing in online distribution channels. Online platforms offer advantages such as convenient returns, price comparisons, and a wide array of product choices, prompting a shift in consumer preferences toward these channels. Consumers with limited time gravitate towards multi-brand online retailers, facilitating the selection of robotic vacuum cleaners from various providers. The growth of direct-to-consumer offerings further accelerates the momentum of the online segment

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Robotic Vacuum Cleaner Market Research Report

Regional Analysis

The global Robotic Vacuum Cleaner Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Robotic Vacuum Cleaner Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Robotic Vacuum Cleaner Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Robotic Vacuum Cleaner Market comprises of Middle East, Africa, and Latin America.

The largest market share for the Robotic Vacuum Cleaner Market was maintained by the North American regional sector. North America, recognized as a leading innovator and early adopter of robotics, stands as one of the largest markets in the field. The region's market growth is primarily attributed to the rising acceptance of domestic robots. According to the International Federation of Robotics (IFR), there was a 12% increase in total installations in manufacturing, reaching 41,624 units in 2022. The automotive industry, particularly companies in the US, Canada, and Mexico, emerged as the leading adopters, installing 20,391 industrial robots, marking a 30% increase from 2021. In Mexico, the automotive sector dominated robot installations, accounting for 66% of the total installations in 2022, with sales growing by 16% to reach 4,222 units, the second-best result since the record year of 2017. The United States, a key contributor to the global robot vacuum cleaner market, has played a substantial role in its recent expansion. As a major investor and innovator in the field, the United States is home to some of the largest and most renowned companies in the sector. US market vendors are recognized for their cutting-edge products, with many outsourcing manufacturing tasks while concentrating on innovative robot design efforts.

Moreover, the Europe market has been persistently growing over the forecast period. The awareness and acceptance of smart home technologies in European countries are on the rise. Consumers are increasingly acknowledging the convenience and efficiency offered by robotic vacuum cleaners, resulting in a notable increase in adoption rates. In alignment with the European economy's heightened concern for energy conservation, the government initiated the Green Homes Grant scheme in September 2020. Under this scheme, homeowners can receive vouchers valued at up to GBP 5,000 to offset the expenses of energy efficiency upgrades. These upgrades encompass various enhancements, including improved insulation, transitioning to double or triple glazing, and the installation of more energy-efficient lighting.

In the Asia-Pacific region, China is poised to be a significant driver of the regional robotic vacuum cleaner market, primarily attributed to the decreased unit price of these machines. Japan has also witnessed noteworthy growth in the global market for robotic vacuums, driven by the introduction of advanced technologies and innovative products. For example, in 2018, Panasonic launched the MC-RS810 and MC-RS310 vacuum cleaners in Japan. These devices employ obstacle-detecting sensors, laser technology, ultrasonic waves, and infrared rays to efficiently clean rooms.

Furthermore, the rest of the world's Robotic Vacuum Cleaner Market is divided into the Middle East, Africa, and Latin America. The expansion is credited to product innovation in the region, coupled with consumers' readiness to invest in products that provide added value and simplify their lives through innovation. Furthermore, the increasing popularity of cleaners can be linked to the technology allowing control via mobile phones or remote devices.

Key Findings of the Study

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  The global Robotic Vacuum Cleaner Market is expected to reach USD 10.31 billion by 2032, at a CAGR of 10.50% during the forecast period.

  
  


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  The Asia-Pacific region accounted for the fastest-growing global market because of the low cost of the product, the high purchasing power of consumers, the strong presence of key players in the region, and the rising trend of buying products via e-commerce channels or internet retailing.

  
  


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  Based on Type, the Floor Vacuum Cleaner segment was attributed to holding the largest market in 2022, with an approximate market share of 55–60%.

  
  


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  Beijing Roborock Technology Co., Ltd., Dyson Ltd., Ecovacs Robotics, Electrolux AB, Haier Group Corporation, Hitachi Ltd., iRobot Corporation (Amazon Inc.), and LG Electronics Inc.