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The global Robotic Vacuum Cleaner market size was valued at USD 8.19 billion in 2019 and is projected to reach USD 46.75 billion by 2027, exhibiting a CAGR of 24.4% during the forecast period.
The emergence of industrial robots has popularized the Robotic Vacuuming Cleaning trends, thereby augmenting growth over the forecast period. The advancements in the robotics industry has resulted in high demand from applications across various industries such as manufacturing, automotive, healthcare and others., aiding the expansion of this market size. This vacuum cleaner is an automated cleaning machine with intelligent software programming, a smart navigation system, adjustable suction power, and a scheduling mechanism. Adoption of these vacuum cleaners over the traditional cleaners is expected to increase as a result of various benefits such as cost-effectiveness in terms of human resources.
COVID-19 Encumbers the Production & Supply Chain of Robotic Vacuum Cleaners
This type of technology based Robotic Vacuum Cleaners have been gaining popularity all over the world with their efficient, clean and healthy environment in residential and commercial spaces. COVID-19 has spread irrelevantly across the world, causing an unhealthy indoor environment. Due to the sudden shutdown of manufacturing plants, the production rate of this vacuum cleaners have decreased drastically all over the world. As some of these offer UV sterilization and stable indoor atmospheric conditions, their overall demand was not affected severely. Manufacturing of new vacuum cleaners has come to a temporary halt, affecting the sales and international export and imports. Countries that have been distressing over this issue are China, India, Germany, UK, France, U.S., and others. Leading market players are focusing over R&D, to introduce new advancements such as disinfecting the surfaces using robotic cleaners to kill the bacteria’s and viruses on aerosols instantly.
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Adoption of Innovative and Smart Automated Systems to Boost Growth
Major applications of a residential robotic vacuum cleaners include mopping, UV sterilization of the household atmosphere, security cameras for security from intruders or fire, and intercom services. Manufacturers are developing cleaners with voice recognition ability to receive and interpret the spoken commands. Wherein, the voice recognition feature can be used in a Wi-Fi enabled smart robot vacuum cleaner embedded with a voice activation system such as Amazon’s Alexa. For instance, iRobot Corporation has developed a residential robotic vacuum cleaners called Roomba i7+, having advanced intelligence and automation with smart mapping technology through an Alexa-enabled device.
Adoption of Automated Products across the Residential Sectors to Uplift the Products Demand
In order to save time and energy, end-users across the residential sectors are mainly focusing on adopting the automated products. With the use of this type of vacuum cleaner, an inclination towards smart home technology is observed, thereby boding well for this market growth. However, with the development of new electronic technologies and their integration with older systems, traditional building technologies, and intelligent home is now becoming a real possibility and attraction. Furthermore, the integration of air filters in a robotic vacuum cleaner for consumers with allergies is expected to drive the market. To avoid exposure to allergens from dust or pets, customers are increasingly shifting their focus on robotic cleaners, thus enhancing the demand for residential automated vacuum cleaners. One of the major socioeconomic factors expected to drive the growth of the market is increased female employment.
High Maintenance Cost Hampers the Market
These vacuum cleaners are embedded with high-tech automated systems that consists of several sensors and transmitters. Rough usage of these machines minimizes the lifespan of the equipment, thus leading to high maintenance cost. These vacuum cleaners are integrated with technology, therefore, they require high maintenance. This may deviate consumers and propel them to adopt traditional vacuum cleaners, thereby hampering the growth of this market.
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Floor Vacuum Cleaner Segment is Anticipated to Witness Highest Growth
The floor vacuum cleaner segment holds the highest Robotic Vacuum Cleaner market share, owing to the need for smart robotic floor cleaning. The major sale increase in the floor robotic vacuum cleaners is due to its automated features for cleaning, in order to reduce operating complications of the product by offering appropriate cleaning and time saving. Window and pool vacuum cleaners are expected to witness progressive market growth due to rising importance of cleanliness in both residential and commercial spaces.
Household Application Segment to Emerge Dominant Owing to Rising Adoption of Automated Technology
Household sector is projected to dominate the market, owing to the growth of the smart home and adoption of automated technology for the products that are used on a daily basis. Also, investments in new production capacities in the emerging markets, as well as in production modernization have led to an increase in the number of robotic installations. Across the commercial sector, the offices sub-segment is anticipated to hold the highest share due to the ease of work and modernization across the commercial sector.
Self-Drive Vacuum Cleaners to Clutch the Highest CAGR in the Global Market
Self-drive vacuum cleaners are anticipated to grow with the highest CAGR over the forecast period, due to the growth of Internet of Things (IoT) and artificial intelligence (AI) enabled products. This type of vacuum cleaner is cost-effective and operates the cleaning facilities within a comparatively lesser time duration. Remote control vacuum cleaners are supposed to depict moderate demand, as they are time-consuming and require constant operation settings such as manual charging, to be performed by the user.
Offline Channel is the most Preferred type of Distribution Channel with Highest CAGR
Offline channel held the highest share in 2019, mainly due to the trust factor that has gained by the offline service companies. Whereas, online sales channel will influence this market trends in the forecast period due to the growth of the e-commerce industry.
Robotic Vacuum Cleaner Ranging below USD 150 are Expected to have Highest Demand
Vacuum cleaners below $150 have a higher demand in the household applications as they are feasible to clean small to medium work space, rather than the huge commercial spaces. Household vacuum cleaners are smaller in size, and cost-effective. Therefore, vacuum cleaners below USD 150 have highest CAGR, compared to the equipment ranging between USD 150 – USD 500.
Asia Pacific Robotic Vacuum Cleaner Market Size, 2019 (USD Billion)
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Asia Pacific emerged dominant and is likely to continue the same in the forecast period. China is expected to drive the regional market as a result of the decreased unit price of Robotic Vacuum Cleaner. In addition, Japan has also made a notable growth in the global market for robotic vacuum due to the launch of advanced technologies and innovative products. For Instance, in 2018, Panasonic launched MC-RS810 and MC-RS310 vacuum cleaners in Japan, that cleans the room using the obstacle detecting sensors, laser, ultrasonic waves, and infrared rays.
Furthermore, manufacturers in U.S. are developing technologically advanced Robotic Vacuum Cleaner. For instance, U.S. based iRobot Corporation has manufactured residential vacuum cleaner series range namely Roomba and Braava. As a result, North America is also projected to showcase substantial growth after Asia Pacific region in the global market.
In Europe, due to larger household spaces and high rate of carpet usage, the demand for automated vacuum cleaners is increasing. Also, the significant presence of robot manufacturers across Europe is also driving the market. Moreover, in Western Europe, the light-weighted and cordless vacuum cleaners are gaining popularity and are expected to drive the product growth in the near future. The Middle East and Africa, and Latin America markets are expected to witness moderate growth, owing to the emphasizing foreign direct investments (FDI) from Europe and North America.
iRobot Corporation, and ECOVACS holds a Considerable Market Share in Terms of Revenue
iRobots Corporation is the considered to be the major player across the globe and has recorded an estimated sale of more than 20 Million units of Robotic Vacuum Cleaners across the world in 2018. This is mainly due to the company’s capability of enhancing the robotic technology across many other types of domestic robot categories such as security systems, lawn mowers, and others. ECOVACS Robotics have high presence in China and is anticipated to increase its presence and revenue across the other parts of the world. Apart from this, major manufacturers are focusing on introducing Robotic Vacuum Cleaners with a fast force feedback control algorithm using artificial intelligence technology to maintain a significant position in the market competition.
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The market research report after extensively researched offers an elaborative industry analysis of numerous factors affecting the global market. These include opportunities, growth drivers, threats, key developments, and restraints. In addition to this, it further helps in analysing, segmenting, and defining the market based on different segments such as equipment type, and applications. The report strategically analyses several strategies such as product innovations, mergers, alliances, joint ventures, and acquisitions adopted by key players in the industry along with other market trends.
Value (USD billion)
By Operation Mode
By Distribution Channel
Fortune Business Insights says that the Robotic Vacuum Cleaner market was valued at USD 8.19 billion in 2019
By 2027, the market is expected to be worth USD 46.75 billion
Robust growth of 24.4% CAGR will be observed over the forecast period (2020-2027)
Asia Pacific is anticipated to be the dominant region and it was valued at USD 2.60 billion in 2019
Within the type criterion, the floor vacuum cleaners sub-segment is expected to be the leading during the forecast period
Adoption of automated products across the residential sectors is expected to drive market growth
iRobot Corporation, ECOVACS, and Dyson Ltd. are the key market players
The household application sub-segment is expected to hold the highest share in the market
Self-drive vacuum cleaners are expected to grow significantly over the forecast period
Adoption of innovative and smart automated systems with UV sterilization is the latest market trend
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