PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1349847
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1349847
Residential Robotic Vacuum Cleaner Market, By Robot Type, By Mode of Charging, By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa)-Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Global Residential Robotic Vacuum Cleaner Market size was valued at US$ 2.9 Bn in 2022, exhibiting a compound annual growth rate (CAGR) of 14.6% from 2023 to 2030.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 3.29 Bn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 14.60% | 2030 Value Projection: | US$ 8.54 Bn |
Residential robotic vacuum cleaners provide an alternative to the traditional methods of cleaning premises like house floors, shop floors, lawns, pools, community premises, etc. These devices include components like a mobile platform that allows the robotic vacuum cleaner to move around a desired area, cameras and sensors to detect dirty areas, battery packs, and several other technological components that ensure a completely autonomous cleaning solution. These devices can be programmed to move along a specific path at periodic intervals to clean the desired premises. The premium class of consumers is highly inclined towards the adoption of smart and innovative solutions for daily activities. This factor is expected to increase the demand for residential robotic vacuum cleaners and lead to the growth of the market. Moreover, developing countries, especially in the Asia Pacific region, are witnessing a noteworthy economic development that is expanding the number of individuals in the upper class of the economy, which would further increase the demand for robotic vacuum cleaners during the forecast period.
Market Dynamics
The residential robotic vacuum cleaner market is still in its initial stages. Consequently, the market players are undertaking extensive efforts in order to improve their offerings in terms of build quality, performance, and features. Innovation in the major components of residential robotic vacuum cleaners include improvements in the sensing technology with the help of visual sensors and cameras, enabling connectivity of the device on the Internet of Everything (IoT) infrastructure, programmable software for residential robotic vacuum cleaners, etc. These innovations increase the practicability of residential robotic vacuum cleaners, which would lead to a higher level of adoption in the household as well as commercial use.
Key features of the study:
- This report provides an in-depth analysis of the global residential robotic vacuum cleaner market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global residential robotic vacuum cleaner market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as a part of this study are Ecovacs Robotics, Inc., Milagrow Business & Knowledge Solutions (Pvt.) Limited, iRobot Corporation, Pentair plc, Neato Robotics, Inc., Samsung Electronics Co., Ltd., Yujin Robot, Co., Ltd., Philips Electronics N.V, and Hayward Industries, Inc. and Others.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- Global residential robotic vacuum cleaner market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global residential robotic vacuum cleaner market.
Detailed Segmentation
- Global Residential Robotic Vacuum Cleaner Market, By Robot type:
- In-House Robot
- Outdoor Robot
- Global Residential Robotic Vacuum Cleaner Market, By Mode of Charging:
- Manual Charging
- Auto Battery Charging
- Global Residential Robotic Vacuum Cleaner Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- GCC Countries
- South Africa
- Rest of Middle East & Africa
- Company Profiles
- Ecovacs Robotics, Inc.
- iRobot Corporation
- Hayward Industries, Inc. plc
- Milagrow Business & Knowledge Solutions (Pvt.) Limited
- Pentair plc
- Neato Robotics, Inc.
- Philips Electronics N.V, Dyson Inc.
- Samsung Electronics Co., Ltd.
- MSC Software Corporation
- Siemens PLM Software
- Others
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Robot Type
- Market Snippet, By Mode of Charging
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Rising disposable income in emerging economies
- Increasing number of players in the residential robotic vacuum cleaner market
- Restraints
- Insufficient battery power used in residential robotic vacuum cleaner
- Low acceptance of residential robotic vacuum cleaners as compared to the traditional cleaning solutions
- Market Opportunities
- Rise in demand for smart and innovative technological solutions
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launches/Approvals
- Impact of COVID-19 Pandemic
4. Global Residential Robotic Vacuum Cleaner Market, By Robot Type, 2018-2030, (US$ Billion)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends Market Share Analysis, 2022 and 2030 (%)
- In-House Robot
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Outdoor Robot
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
5. Global Residential Robotic Vacuum Cleaner Market, By Mode of Charging, 2018-2030, (US$ Billion)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends Market Share Analysis, 2022 and 2030 (%)
- Manual Charging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Auto Battery Charging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
6. Global Residential Robotic Vacuum Cleaner Market, By Region, 2018-2030, (US$ Billion)
- Introduction
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Robot Type, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Charging, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Robot Type, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Charging, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Robot Type, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Charging, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Robot Type, 2018-2030 ,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Charging, 2018-2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth,2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Robot Type, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Charging, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
- South Africa
- GCC Countries
- Rest of the Middle East & Africa
7. Competitive Landscape
- Company Profiles
- Ecovacs Robotics, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- iRobot Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Hayward Industries, Inc. plc
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Milagrow Business & Knowledge Solutions (Pvt.) Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Pentair plc
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Neato Robotics, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Philips Electronics N.V, Dyson Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Samsung Electronics Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- MSC Software Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Siemens PLM Software
- Company Overview
- Product Portfolio
- Financial Performanc
- Recent Developments/Updates
- Others
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Analyst Views
8. Section
- References
- Research Methodology
- About us and Sales Contact
