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Market for robotic vacuum cleaners anticipated to reach US$ 13.78 billion and grow at a 14.50 percent CAGR from 2022 to 2031

The market for robotic vacuum cleaners is predicted to reach a value of US$3.5 billion in 2021. A CAGR of more than 14.50 percent is predicted through 2031.

Technology for vacuum cleaners has advanced significantly in recent years. Sales of robotic vacuum cleaners are increasing as a result of their ability to clean an area without the assistance of a human.

Additionally, rotating brushes, mopping, and UV sterilisation can be added to robotic vacuum cleaners. Some are designed to do household cleaning activities effectively. To give improved efficiency and excellent performance, makers of robotic vacuum cleaners are combining security cameras, intercom systems, and other features.

Artificial intelligence (AI) and the internet of things have facilitated technological developments that have led to the development of robotic vacuum cleaners (IoT). They are intelligent enough to complete their cleaning jobs with little assistance from humans and can be programmed and controlled remotely. Robots are becoming more and more important in modern society thanks to their cutting-edge technologies, which also make life for humans easier and more comfortable.

The focus of industry companies is on developing robotic vacuum cleaners with higher levels of technological sophistication using cutting-edge tools like artificial intelligence (AI) (Artificial intelligence). By using artificial intelligence (AI) technology, Samsung Electronics, for instance, released an AI robot vacuum cleaner in 2021 with increased object recognition and operation performance.

Intelligent robot vacuum cleaners like the BESPOKE Jetbot AI are made to clean and empty itself. It is the first robot vacuum cleaner in the world to be outfitted with Intel’s artificial intelligence (AI) system (Intel Movidius), which allows the robot vacuum cleaner to think on its own like humans.

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Key Takeaways from the Robotic Vacuum Cleaners Market Study

According to robot type, the in-house robot sector is anticipated to have 75.9% of the market share for robotic vacuum cleaners in 2021. In 2021, the market share for robotic vacuum cleaners will be dominated by the auto battery charging type, which accounts for 70.9 percent of the market. In 2021, the US will account for 91.5 percent of all sales of robotic vacuum cleaners in North America. With a 7.5% CAGR, the U.K. market in Europe will grow to be quite profitable.

“In order to save time and energy, customers from a variety of industries are increasingly turning to automated solutions. The need for smart home technology is increasing among consumers. This has opened up lots of opportunities for the market for robotic vacuum cleaners to grow,”

Impact of COVID-19 on the Market

The COVID-19 outbreak had a significant effect, resulting in the closure of all non-essential enterprises and stores, a decline in corporate confidence, increased public anxiety, and uncertainty about the future. Its unrestrained global proliferation has created a dangerous indoor environment. The abrupt closure of manufacturing companies had caused a sharp decline in the production rate of these vacuum cleaners around the world. Sales as well as international export and import were restricted by restrictions.

Additionally, the COVID-19 gave makers of robotic vacuum cleaners additional prospects. Industry participants noticed an increase in sales of robot vacuums starting in the second quarter of 2020 due to the need for cleanliness and hygiene in homes and commercial areas. To prevent the virus, customers purchased robotic vacuum cleaners.

Additionally, according to International Federation of Robotics sales value for robots has increased by 32% to USD 11.2 billion and the recent Covid-19 pandemic is further expected to boost the market.

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Who is winning?

Leading manufacturers of robotic vacuum cleaners are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of robotic vacuum cleaners globally.

Major players present in the robotic vacuum cleaners market are iRobot Corporation, LG Electronics, Robert Bosch GmbH, Samsung Corporation, Dyson Ltd., Panasonic Corporation, Xiaomi, ECOVACS, Proscenic, Neato Robotics, Inc., Yujin Robot, Co., Ltd., Hayward Industries, Inc., Pentair plc, Milagrow Business & Knowledge Solutions (Pvt.) Limited. Koninklijke Philips N. V, among others.

Global Robotic Vacuum Cleaners Market by Category

By Robot Type:

  • Outdoor Robot
  • In-House Robot

By Mode of Charging:

  • Manual Charging
  • Auto-Battery Charging

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

About FMI             

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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