DUBLIN–(BUSINESS WIRE)–ResearchAndMarkets.com has added the “Robot Vacuum Cleaner Market by Type, Distribution Channel, Operating Price Range and Application-Global Forecast to 2028″ report to the products of ResearchAndMarkets.com.
From 2021 to 2028, the global robotic vacuum cleaner market is expected to grow at a compound annual growth rate of 23.2%, reaching USD 15.4 billion by 2028.
It is estimated that by 2027, the sales volume of the global robotic vacuum cleaner market will reach 60.9 million units, with a compound annual growth rate of 17.7% from 2021 to 2028.
The increasing popularity of smart and networked vacuum cleaners that provide voice control and smart navigation functions is expected to drive the demand for robotic vacuum cleaners. New robotic vacuum cleaners are implementing technological upgrades, such as artificial intelligence functions and intelligent navigation to avoid collisions with walls and better clean floors to meet changing consumer needs. In addition, the increasing use of smart home appliances to perform housework and busy consumer lifestyles is supporting the growth of the robotic vacuum cleaner market.
The COVID-19 pandemic has opened up new avenues for players operating in the robotic vacuum cleaner market. Due to the cleaning and sanitation needs of homes and commercial spaces, industry participants have witnessed an increase in sales of robotic vacuum cleaners starting in the second quarter of 2020. Consumers buy robot vacuum cleaners to prevent the virus from spreading around.
These devices can effectively clean and mop the floor by reaching under the bed, cupboard and table. In addition, due to the long time spent at home, the environment of working at home forces consumers to keep their houses clean. However, at the beginning of 2020, companies are facing supply chain and sales disruptions due to national blockades in multiple regions.
According to the type, the robot vacuum cleaner market is divided into cleaning robots, mopping robots and hybrid robots. Due to the low price of cleaning robots, it is expected that by 2021, the market segment of cleaning robots will account for the largest share. In addition, the transformation of traditional infrastructure to new residential and commercial spaces that support smart appliances has promoted the development of the market.
According to the application, the robot vacuum cleaner market is divided into residential and commercial. Due to the increasing adoption of robots and ordinary vacuum cleaners in North America and Europe, busy lifestyles, time for housework, and expensive domestic helpers, the residential sector is expected to occupy the largest market share in 2021.
An in-depth analysis of the geographic scenarios of the global robotic vacuum cleaner market provides detailed qualitative and quantitative insights on the five major regions and the coverage of the major countries in each region.
12. Company profile (business overview, product portfolio, financial overview, strategic development)
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours +353-1-416- 8900
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours +353-1-416- 8900
Post time: Aug-20-2021