Robotic Vacuum Cleaner Market is Forecast to Grow at a CAGR of 18.70 Percent from 2022 to 2029

 The robotic vacuum cleaner market was valued at USD 3.61 billion in 2021 and is expected to increase to USD 14.23 billion by 2029, showing a CAGR of 18.70 percent during the forecast period of 2022-2029. In-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour are all included in the market report written by the Data Bridge Market Research team.

The broad availability of the 5G network and the expanding reach of internet infrastructure are the two main factors driving the usage of robotic vacuum cleaners in the industry, which supports market development. The global market for robotic vacuum cleaners has also grown as the culture of household duties has evolved.

The “floor vacuum cleaner is the type category that is predicted to increase at the fastest pace during the projection period due to its adaptability to be used on a number of surfaces, including vinyl, hardwood floors, marble, and tile floors. Because of all of these factors, it is expected that the robotic vacuum cleaner market would expand fast from 2022 to 2029.

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Global Robotic Vacuum Cleaner Market Dynamics

Drivers

Increased Requirement for Robotic Vacuum Cleaner

The robotic vacuum cleaner is becoming more popular in the household and commercial sectors for lawns, cleaning windows, pools and floors because these vacuum cleaner do the jobs in less time and at a lower cost without requiring any physical effort. These robotic vacuum cleaner has taken lesser time for the household activities which further create the unprecedented demand for the robotic vacuum cleaner services in the market. Therefore, the increased product demand are expected to drive the growth of the robotic vacuum cleaner market.

Growing demand of robotic vacuum cleaner in household activities

Reduction in the household activities by the use of these vacuum cleaner is the main factor which are expected to drive the growth of the robotic vacuum cleaner market. Modern household equipment or devices are becoming more computerized, reducing time spent and suitability on house chores. The rising demand for robotic vacuum cleaner in household activities is expected to increase the market’s revenue growth.

Furthermore, the rise in the working population, growing purchasing power and growing number of smart homes will further drive the growth rate of the robotic vacuum cleaner market. Additionally, the busy schedules and reduced time taken for household chores, growing inclination towards hygiene and cleanliness, increasing number of working women and the escalating income levels in households also boost the overall market’s growth rate.

COVID-19 Impact on Robotic Vacuum Cleaner Market

The recent outbreak of coronavirus had a severe impact on robotic vacuum cleaner market. This market has largely benefited from this pandemic, with growing demand from home end-users. According to the major market players, the demand for robotic vacuum cleaners increased significantly during the epidemic.

The growing demand was ascribed to increased consumer awareness of the importance of hygiene, cleanliness and germ protection in the house as a result of the virus’s rapid spread. Furthermore, the manufacturing enterprises were forced to temporarily shut down the supply chain operations. However, due to the limited availability of domestic help in many countries, companies saw an upsurge in the demand for robotic vacuum cleaners in the second quarter.

Global Robotic vacuum cleaner Market Scope

The robotic vacuum cleaner market is segmented on the basis of type, operation mode, charging type, distribution channel and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Floor Vacuum Cleaner
• Window Vacuum Cleaner
• Pool Vacuum Cleaner
• Others

 Operation Mode

• Self-Drive
• Remote Control

 Distribution Channel

• Electronic Stores
• E-Commerce
• Retail Stores
• Supermarket/Hypermarkets
• Others

End User

• Residential
• Commercial
• Institutional and  Industrial

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Competitive Landscape and Robotic Vacuum Cleaner Market Share Analysis

Some of the major players operating in the robotic vacuum cleaner market are

• ECOVACS (China)
• Dyson (U.K.)
• LG Electronics (South Korea)
• iRobot Corporation (U.S.)
• Proscenic (China)
• Samsung (South Korea)
• Koninklijke Philips N.V. (Netherlands)
• Panasonic Corporation (Japan)

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