Cleaning Robot Market is predicted to reach USD 21.2 billion at a CAGR of 22.30% during the forecast period:
Market Research Future (MRFR) has published a cooked research report on the “Global Cleaning Robot Market” that contains information from 2018 to 2030. The Cleaning Robot market is estimated to register a CAGR of 22.30% during the forecast period of 2023 to 2030.
MRFR recognizes the following companies as the key players in the global Cleaning Robot market— iRobot (US), Ecovacs Robotics (China), Samsung Electronics (South Korea), LG Electronics (South Korea), Xiaomi (China), Roborock (China), SharkNinja (United States), Neato Robotics (US), Cecotec Innovaciones (Spain), and Panasonic (Japan).
Market Highlights
The global Cleaning Robot market is accounted to register a CAGR of 22.30% during the forecast period and is estimated to reach USD 21.2 billion by 2030.
The Cleaning Robot market involves automated devices designed to perform cleaning tasks autonomously. These robots are equipped with sensors, algorithms, and cleaning mechanisms to navigate and clean various environments, such as homes, offices, and industrial spaces. They offer convenience and efficiency by reducing the need for manual cleaning efforts.
Segment Analysis
The global Cleaning Robot market has been segmented based on Product and Type.
On the basis of Product, the market is segmented into floor-cleaning, robot lawn-cleaning, robot pool-cleaning and robot window-cleaning robot. The floor cleaning robots market segment generated the majority of market revenue in 2022. New business opportunities would be opened up for market participants by the growing use of AI technology in industrial cleaning robots and the expansion of urban middle-class homes in developing nations.
Based on Type, the global Cleaning Robot market has been segmented into Personal Cleaning Robot and Professional Cleaning Robot. During the projected period, the market for professional cleaning robots is anticipated to grow at a promising CAGR and represent the largest market in terms of value. One of the key drivers of the segment's expansion is how easily these robots can be handled by experts.
Regional Analysis
The global Cleaning Robot market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Cleaning Robot market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Cleaning Robot market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Cleaning Robot market comprises of Middle East, Africa, and Latin America.
The Asia-Pacific Cleaning Robot Market dominated this market in 2022 Due to widespread use of technology and developing local production, the region boasts one of the fastest-growing cleaning robot markets in the entire globe. The local manufacturers have also made significant contributions to the innovation and growth of the cleaning robot sector.
Additionally, the second-largest market share belongs to the cleaning robot market in Europe, where there are also more working homes, which is increasing demand for robotic hoover cleaners. Additionally, the UK cleaning robot market had the quickest rate of growth in the European region, while the German cleaning robot market had the largest market share.
Moreover, from 2023 to 2030, the North American cleaning robot market is anticipated to experience the fastest CAGR growth. The rising use of cleaning robots in homes across countries like the United States and Canada and improved awareness of contemporary cleaning technology are to blame for this. Additionally, the US cleaning robot market had the biggest market share, and the fastest-growing market in North America was in Canada.
Key Findings of the Study
- The global Cleaning Robot market is expected to reach USD 21.2 billion by 2030, at a CAGR of 22.30% during the forecast period.
- The Asia-Pacific Cleaning Robot Market dominated this market in 2022 Due to widespread use of technology and developing local production, the region boasts one of the fastest-growing cleaning robot markets in the entire globe.
- Based on Product, the floor cleaning robots market segment generated the majority of market revenue in 2022.
- iRobot (US), Ecovacs Robotics (China), Samsung Electronics (South Korea), LG Electronics (South Korea), Xiaomi (China), Roborock (China), SharkNinja (United States), Neato Robotics (US), Cecotec Innovaciones (Spain), and Panasonic (Japan)
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Companies Covered | 15 |
Pages | 100 |
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