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  • Cleaning Robot Market Analysis | 2023-2029

    Cleaning Robot Market Analysis | 2023-2029

    Cleaning Robot Market Analysis | 2023-2029
    Report code - SR2410 Delivery - 2 Weeks
    Cleaning Robot Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Oppor See more...

    Market Insights

    "The cleaning robot market is expected to grow from USD 9.65 billion in 2022 to USD 34.52 billion by 2029 at a CAGR of 6.3% during the forecast period."

    A cleaning robot is an autonomous machine designed to perform various cleaning tasks, such as sweeping, vacuuming, mopping, and dusting. These robots use various sensors, cameras, and algorithms to navigate through homes or offices and perform cleaning tasks effectively.

    Some models can also detect obstacles and avoid them, such as furniture or stairs, and some even use mapping technology to remember the layout of the space they are cleaning. Cleaning robots are becoming increasingly popular as they save time and effort and can work continuously without getting tired. They are also environmentally friendly, as they use less water and cleaning products than traditional cleaning methods.

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    The growth of the cleaning robot market in the upcoming years will be driven by the increasing development of vacuum cleaners that possess self-charging capabilities and compact size. The market growth will be further strengthened by the continuous advancement in smart home technology and the increasing integration of AI and IoT in household appliances, enabling the development of cleaning robots.

    Cleaning robots are available in various forms and designs for multiple applications. Typically, robot vacuum cleaners are used in both residential and commercial sectors, and they are also employed in diverse commercial settings, including malls, offices, manufacturing plants, and airports.

    Cleaning Robot Market Report Overview

    Market Size in 2029

    USD 34.52 billion

    Market Size in 2022

    USD 9.65 billion

    CAGR (2023-2029)

    6.3%

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2029

    Key Players

    The major players operating in the global cleaning robot market are:

    • iRobot Corporation
    • Samsung Electronics Co., Ltd.
    • Ecovacs Robotics Co., Ltd.
    • Xiaomi
    • Roborock
    • LG Electronics
    • Sharkninja Operating LLC
    • Cecotec Innovaciones S.L.
    • Panasonic Holdings Corporation
    • Diversey Holdings Ltd
    • Vorwerk & Co. KG
    • Koninklijke Philips N.V.
    • Shenzhen Reeman Intelligent Equipment Co., Ltd.
    • Shenzhen Proscenic Technology Co., Ltd.
    • Hangzhou Taren Robotics Technology Coltd
    • Yluspp Electronics (Shenzhen) Co., Ltd.
    • Jashen (Suzhou) Technology Ltd.
    • Gaussian Robotics
    • ILIFE

    Segment Analysis

    By Type

    "Personal cleaning robots will account for a significant share of the cleaning robot market during the forecast period."

    Personal cleaning robots will account for a significant share of the cleaning robot market during the forecast period. The growth of urban areas and people's increasingly busy lives in these regions are the primary factors driving the global market for personal cleaning robots.

    Product Trends

    "Floor cleaning robots account for the majority of the share in the cleaning robot market during the forecast period."

    Floor cleaning robots account for the majority of the share in the cleaning robot market during the forecast period. During the forecast period, the growing integration of AI technology into cleaning robots for commercial applications and the emergence of middle-class households in urban areas of developing countries are expected to create new business opportunities for vendors in the floor-cleaning robot market.

    Application Trends

    "Residential application to offer lucrative growth opportunities for cleaning robot vendors over the forecast period."

    Residential application to offer lucrative growth opportunities for cleaning robot vendors over the forecast period. Cleaning robots designed for residential applications are used for cleaning and mopping tasks. In some countries, hiring domestic workers can be costly, so cleaning robots are a cost-effective alternative. Some robots also come with security features, such as alerting owners in case of intruders or fire outbreaks.

    Regional Analysis

    "Asia Pacific accounted for the largest market share."

    Asia Pacific accounted for the largest market share and is projected to grow at a robust CAGR. The demand for cleaning robots in Asia Pacific is driven by strong buying power and the fast adoption of new technologies in the region. Dyson (UK) first launched its flagship model, Dyson 360 Eye, in Japan, rather than in the UK or the US.

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    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

    What deliverables will you get in this report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the Cleaning Robot Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional and country level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com

    Frequently Asked Questions (FAQ)

    The cleaning robot market is expected to grow at a CAGR of 6.3% during 2023-2029.

    The cleaning robot market size is estimated to grow from USD 9.65 billion in 2022 to USD 34.52 billion by 2029.

    The major players operating in the global Cleaning Robot market are iRobot Corporation, Samsung Electronics Co., Ltd., Ecovacs Robotics Co., Ltd., Xiaomi, Roborock, LG Electronics, Sharkninja Operating LLC, Cecotec Innovaciones S.L., Panasonic Holdings Corporation, Diversey Holdings Ltd, Vorwerk & Co. KG, Koninklijke Philips N.V., Shenzhen Reeman Intelligent Equipment Co., Ltd., Shenzhen Proscenic Technology Co., Ltd., Hangzhou Taren Robotics Technology Coltd, Yluspp Electronics (Shenzhen) Co., Ltd., Jashen (Suzhou) Technology Ltd., Gaussian Robotics, ILIFE.

    Asia Pacific is to witness the highest demand during the forecast period.

    The growth of the cleaning robot market in the upcoming years will be driven by the increasing development of vacuum cleaners that possess self-charging capabilities and compact size. The market growth will be further strengthened by the continuous advancement in smart home technology and the increasing integration of AI and IoT in household appliances, enabling the development of cleaning robots.