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The residential robotic vacuum cleaner market size is estimated to increase by USD 13.31 billion and grow at a CAGR of 30.44 % between 2023 and 2028. The inclusion of HEPA filters in robotic vacuum cleaners addresses concerns about air quality, contributing to their popularity. Moreover, the growing traction for smart cities amplifies the demand for efficient cleaning solutions, propelling market growth. Additionally, socio-economic factors, such as time constraints and urban lifestyles, drive the adoption of robot vacuum cleaners in urban areas. However, challenges persist, including the high purchasing cost, which may deter some consumers despite the long-term benefits. Moreover, issues associated with battery life limit the operational efficiency of robot vacuum cleaners, necessitating advancements in battery technology. Furthermore, the prevalence of counterfeit products poses a threat to market integrity and consumer trust. Overcoming these challenges requires innovative pricing strategies, enhancements in battery performance, and robust measures to combat counterfeit products, ensuring sustained growth in the competitive market of robot vacuum cleaners.
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The market is experiencing significant growth due to changing lifestyles and increased purchasing power in both developed and emerging economies. With a rising working population and high disposable income, the demand for smart household appliances, including robotic vacuum cleaners, is on the rise. These devices offer ease of use, Wi-Fi connectivity, and smart features such as artificial intelligence and machine learning. In urban residences and residential settings, hygiene and cleanliness are top priorities, making robotic vacuum cleaners an attractive option. The integration of voice assistance, such as Google Voice Assistant, further enhances the convenience and appeal of these smart products. The eCommerce platforms have made it easier for consumers to purchase these high-cost items online. The market for robotic vacuum cleaners is expected to continue growing as more households adopt smart home technology to automate household chores. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The inclusion of HEPA filters in robotic vacuum cleaners drives growth. In the residential and commercial sectors, the market for vacuum cleaners continues to evolve with the introduction of advanced technologies. Smart household appliances, such as robotic vacuum cleaners, are increasingly popular due to their smart features and integration with artificial intelligence and machine learning. Robotic vacuum cleaners, specifically, are gaining traction due to their ability to eliminate particles and maintain hygiene and cleanliness in indoor environments. These in-house robot devices come in various forms, including dry vacuum cleaners and wet vacuum cleaners. They are equipped with brushing systems that effectively clean floors and can be manually or automatically charged. Principal consultants predict that the residential segment will dominate the market due to the rising working population and the desire for ease of use and smart home technology.
Furthermore, robotic vacuum cleaners are not limited to floor vacuuming but also include pool vacuum cleaners. These devices offer cordless operation and lightweight designs, making them a practical solution for maintaining cleanliness in various indoor and outdoor environments. In conclusion, the market for vacuum cleaners, particularly robotic vacuum cleaners, is expected to grow significantly due to the increasing demand for smart household appliances and the need for hygiene and cleanliness in indoor environments. With advancements in technology and the integration of AI and machine learning, these devices offer convenience, versatility, and effectiveness for users in residential and commercial sectors.
Increasing focus on advanced residential robotic vacuum cleaners is an emerging market trend. In the residential sector, the market for vacuum cleaners is evolving with the integration of smart technology, leading to the increasing popularity of robotic vacuum cleaners. These advanced devices, equipped with artificial intelligence and machine learning capabilities, offer features such as scheduling cleaning tasks from a remote location and automatic charging. Smart household appliances, driven by changing lifestyles, high disposable income, and increased purchasing power, are becoming essential components of modern homes. Emerging economies and eCommerce platforms are fueling the growth of this market. Robotic vacuum cleaners come in various types, including dry and wet models, catering to diverse consumer needs.
However, challenges such as short battery life and long charging times persist. Floor vacuum cleaners and pool vacuum cleaners, with their advanced brushing systems, are eliminating particles and offering powerful cleaning capabilities. The integration of powerful computer technology and the versatility of cordless operation make these devices indispensable for modern households. In commercial areas, the adoption of robotic vacuum cleaners is also on the rise, with floor vacuum cleaners and pool vacuum cleaners being widely used for maintaining large spaces. The brushing system and ability to eliminate particles effectively make these devices a preferred choice for commercial establishments. In conclusion, the market is undergoing a significant transformation, with robotic vacuum cleaners leading the charge. Smart features, convenience, and versatility are the key drivers of this market, making it an exciting space for innovation and growth.
The high purchasing cost hampers market growth. Vacuum cleaners have evolved with the times, with robotic models gaining significant traction in residential areas due to their smart features and ease of use. Robotic vacuum cleaners, a subset of this market, are particularly popular in smart households, where homeowners seek convenience and versatility. These devices, manufactured by companies like Irobot Corp., come with advanced technologies such as artificial intelligence and machine learning, enabling them to efficiently clean floors and carpets.
Further, commercial segments, too, are adopting these devices for their offices and public spaces. However, challenges such as short battery life and long charging times remain. Smart home systems, including voice assistants, are increasingly integrating with vacuum cleaners, further enhancing their functionality. While dry vacuum cleaners are common, wet vacuum cleaners cater to specific cleaning needs. Power source is another consideration, with some models relying on manual charging and others on automatic charging. Changing lifestyles, rising working populations, and the desire for hygiene and cleanliness are key drivers for the growth of this market. Powerful computer technology and the convenience offered by these devices have made them an essential addition to modern households and commercial spaces.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Based on charging, the market has been segmented into manual and automatic charging. The manual charging?segment was valued at USD 1.55 billion in 2018.
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Vacuum cleaners have evolved with the introduction of robotic models, gaining significant traction in residential areas due to their smart features and ease of use. Robotic vacuum cleaners, a subset of this market, are increasingly preferred over traditional models. Equipped with artificial intelligence and machine learning capabilities, these devices offer navigation, remote control, obstacle memory, and room mapping features. The adoption of these smart household appliances is projected to expand in emerging economies, particularly in APAC and South America. Consumers in these regions are embracing automated products for domestic tasks, driven by changing lifestyles, high disposable income, and a rising working population. Two primary types of robotic vacuum cleaners cater to various needs: dry vacuum cleaners for regular floor cleaning and wet vacuum cleaners for pool maintenance. The brushing system in these devices effectively eliminates particles, ensuring hygiene and cleanliness. Key players include Electrolux AB and other major vendors, making eCommerce platforms a crucial distribution channel.
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APAC is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
In the realm of smart homes and urban residences, residential settings are witnessing a significant shift towards incorporating advanced technologies to streamline household chores. Among these innovations, smart products have gained immense popularity. These devices offer an array of benefits, including cleanliness, germ prevention, and virus mitigation, making them indispensable in the current shelter-in-place era. High-end Robotic Vacuum Cleaners come with voice assistance features, such as Google Voice Assistant, ensuring seamless operation even when residents have hectic lifestyles. Connectivity and IoT devices enable users to control these cleaning robots remotely, adding to their convenience.
Manufacturers of these robots cater to the needs of residential end-users, offering a range of options, including Mopping Robots, Hybrid Robots, and Self-Drive Vacuum Cleaners. Voice assistance, connectivity, and advanced cleaning capabilities make these robots a worthy investment, despite their high cost. Commercial spaces are also adopting these cleaning solutions, recognizing their efficiency and effectiveness. Operation of these robots is self-drive, reducing the need for house helpers and contributing to the overall cleanliness of the environment. In summary, they are transforming the way household chores are managed in smart homes and urban residences. With features like voice assistance, connectivity, and advanced cleaning capabilities, these smart products offer a solution to the challenges of cleanliness, germ prevention, and hectic lifestyles.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The market is witnessing significant growth due to the increasing demand for smart home solutions and the convenience they offer. These vacuum cleaners utilize advanced technologies such as artificial intelligence, computer vision, and mapping algorithms to effectively clean floors. They are designed to operate autonomously, making them an ideal choice for busy homeowners. The market is driven by factors such as the increasing disposable income, rising awareness about hygiene, and the availability of a wide range of models at affordable prices. Additionally, the integration of voice control technology and app connectivity is further enhancing the market's growth potential. The future of the Residential market looks promising, with continuous advancements in technology and increasing consumer adoption. Key features of these include their ability to adapt to different floor types, recharge automatically, and provide real-time feedback through mobile applications.
Market Scope |
|
Report Coverage |
Details |
Page number |
173 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 30.44% |
Market growth 2024-2028 |
USD 13.31 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
22.4 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 40% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
AirCraft Home Ltd., Dyson Group Co., Ecovacs Robotics Co. Ltd., Electrolux AB, Hayward Holdings Inc., ILIFE, Irobot Corp., Koninklijke Philips N.V., LG Electronics Inc., Mamibot Manufacturing USA Inc., Matsutek Enterprises Co. Ltd., Maytronics Ltd., Miele and Cie. KG, Milagrow Humantech, Panasonic Holdings Corp., Pentair Plc, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., and Vorwerk Deutschland Stiftung and Co. KG |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Charging
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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