Report Overview

The global Robotic Vacuum Cleaners market forecasts a CAGR of 11.35% from USD 4.6 billion in 2019 to reach USD 10.1 billion by 2026. The improvements incorporated across the robotics industry have resulted in more applications across sectors such as manufacturing, automotive, healthcare, etc., helping to enlarge the global robotic vacuum cleaners market size.

The factor of cost-effectiveness in terms of human resources has resulted in increased adoption of robotic vacuum cleaners. Additionally, industrial robotic vacuum cleaners help clean equipment and accessories in metalwork, printing, food & beverage, and pharmaceutical industries. The increasing demand for robotic vacuum cleaners can be attributed to increasing focus on the hospitality and tourism sectors, especially in developing countries, coupled with rising cleanliness and hygiene in the residential sector due to lower availability of household chores as a result of more busy lifestyles.

It is anticipated that the increasing awareness of advantages such as ease, time-efficiency, and benefits derived from vacuum cleaners would boost demand for vacuum cleaners over the forecast period. Also, the availability of some modern variants, which can grab the smallest impurities efficiently, is instrumental in driving its adoption.

Global Robotic Vacuum Cleaners Market: Overview

Robotic Vacuum Cleaner is an automatic cleaning machine with intelligent software programming, a smart navigation system, adjustable suction power, and a scheduling mechanism. The efficient and easy cleaning of large spaces can be done with robotic vacuum cleaners without any human intervention. These vacuum cleaners can be connected to Wi-Fi and have voice recognition as well. Consequently, they can be remotely controlled from any part of the house and require minimal human intervention. The vacuum cleaner works on sensor principle, which helps to calculate the size of the room and avoid obstacles.

Growth Drivers

Improving lifestyle and tech-savvy population contribute to the market growth

Smart homes and smart devices have improved people's lives. Smart homes that can combine all of the home's functionalities with handheld devices and allow users to monitor all household appliances, lighting, and other functions have increased people's inclination to automation. Besides, evolving lifestyles and busy schedules leave consumers hard-pressed to perform cleaning and mopping tasks for time. This schedule will drive the adoption of robotic vacuum cleaners further. The changing lifestyles and tech-savvy population would contribute during the forecast period to the growth of the global automated vacuum cleaner market.

The increasing number of the working population and rising income drives the market growth

Increased numbers of the working population, awareness of indoor pollution, and increased demand for revolutionary smart electrical appliances worldwide have augmented market growth. The escalating level of incomes and a consequent increase in purchasing power have a positive impact on robotic vacuum cleaners' sales across the globe. Due to hectic working schedules, the customers' preference is rising for smart and innovative electrical appliances.

Restraint

The high cost, malfunctioning, and connectivity issue of robotic vacuum cleaners hamper the market growth

The high cost of robotic vacuum cleaners is a major factor restraining market growth. These devices are costlier than the traditional vacuum cleaners, which makes it less affordable to purchase. Also, the malfunctioning element, such as abruptly rotating on the same spot and stopping with an error message and the connectivity issue, hinders the market growth. 

Global Robotic Vacuum Cleaners Market: Type

Based on type, global Robotic Vacuum Cleaners The market is segmented into Floor vacuum cleaner, window vacuum cleaner, and pool vacuum cleaner. By type segment, the floor vacuum cleaner is expected to hold the most considerable portion in the global robotic vacuum cleaners due to its advanced functions for cleaning, time efficiency, and reduced health implications during cleaning. Moreover, the floor vacuum cleaners are good at detecting boundaries and prevent them from being damaged.

Global Robotic Vacuum Cleaners Market: Distribution Channel

Based on the distribution channel, the global Robotic Vacuum Cleaners Market is bifurcated into Online and Offline. Among the distribution channel segment, the offline channel is expected to register the highest share, mainly due to the trust factor gained by the companies' offline services.

Global Robotic Vacuum Cleaners Market: Application

Based on the application, the Robotic Vacuum The cleaners market is segregated into Household, Commercial, Industrial. The household the sector is projected to dominate the global robotic vacuum cleaner market due to the smart home's growth and increasing adoption of automated technology for the products that are used for daily routine. Investments in new production capacities and modernization in the emerging have led to an increasing number of robotic installations.

Global Robotic Vacuum Cleaners Market: Regional Insights

Geographically, the global robotic vacuum cleaners the market is segmented into North America, Europe, Asia-Pacific, and Latin America & Middle East & Africa. Among all regions, Asia Pacific is expected to hold the largest share. The growth in smart cities across regions encourages end-users in residential areas to automate household appliances, including cleaning. That will increase the use of robotic vacuum cleaners.

Global Robotic Vacuum Cleaners Market: Competitive Landscape

The major market players in The robotic Vacuum Cleaners market are AB Electrolux, Haier Group Corp., LG Electroncis, Inc., Samsung Electronics Co., Ltd., Bissell Inc, Dyson Ltd., Panasonic Corporation, Koninklijke Philips N.V., iRobot Corporation, Techtronic Industries,  iLife Innovation Ltd. Sharp Corporation, Neato Robotics, Matsutek Enterprise Ltd., Bissell Inc., Proscenic, Miele & Cie. KG, Kevac SRL, Dyson Ltd., ECOVACS, and other prominent players. These vendors have adopted various strategies to expand their offerings in the market.

Global Robotic Vacuum Cleaners Market: Recent Developments

• In May 2019, iRobotics launched its most advanced robot vacuum and mop with a clean base automatic dirt disposal.

• In July 2018, iLife launched A7, a pro-robot vacuum cleaner with senses that can perform high-efficiency cleaning and handle complex tasks. 

Scope of the Report :

By Type

Ø  Floor vacuum cleaner

Ø  Window vacuum cleaner

Ø  Pool vacuum cleaner

By Distribution Channel

Ø  Online

Ø  Offline

By Application

Ø  Household

Ø  Commercial

Ø  Industrial

By Region:  

Ø  North America

Ø  Europe

Ø  Asia Pacific

Ø  Latin America

Ø  Middle East & Africa

The objective of the Study:

Ø  To analyze and forecast the global Robotic Vacuum Cleaners Market size of the market in terms of value.

Ø  To examine the careful market segmentation and forecast the market size, in terms of value, based on the region by segmenting.

Ø  The Global Robotic Vacuum Cleaners Market segmented into five regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, coupled with their leading countries.

Ø  To outline, categorized, and forecast the global Robotic Vacuum Cleaners Market based on the Type, Distribution Channel, Application, and region.

Ø  To examine competitive developments like technological advancement, services, and regulative framework within the global Robotic Vacuum Cleaners Market.

Ø  To highlight the impact analysis of the factors affecting the market dynamics such as drivers, restraints, opportunities, and challenges.

Ø  To strategically profile the key players and comprehensively analyze their market shares and detail the market leaders' competitive landscape.

1.    Research Framework

1.1. Research Objective

1.2. Product Overview

1.3. Market Segmentation

2.    Research Methodology

2.1. Qualitative Research

2.1.1.   Primary & Secondary Sources

2.2. Quantitative Research

2.2.1.   Primary & Secondary Sources

2.3. Breakdown of Primary Research Respondents, By Region

2.3.1.   Secondary Research

2.3.2.   Primary Research

2.4. Breakdown of Primary Research Respondents

2.5. Market Size Estimation

2.6. Assumption For The Study

2.7. Market Breakdown & Data Triangulation

3.    Executive Summary

4.    Global Robotics Vacuum Cleaners Insights

4.1. DROC Analysis

4.1.1.   Growth Drivers

4.1.2.   Restraints

4.1.3.   Opportunities

4.1.4.   Challenges

4.2. Technological Landscape/Recent Developments

4.3. Regulatory Framework

4.4. Company Market Share Analysis,2019

4.5. Porter’s Five Forces Analysis

4.5.1.   Bargaining Power of Suppliers

4.5.2.   Bargaining Power of Buyers

4.5.3.   Threat of New Entrants

4.5.4.   Threat of Substitutes

4.5.5.   Intensity of Rivalry

5.    Global Robotics Vacuum Cleaners Market Overview

5.1. Market Size & Forecast By Value, 2016-2026

5.1.1.   By Value (USD Billion)

5.2. Market Share & Forecast

5.2.1.  By Type

5.2.1.1.       Floor vacuum cleaner

5.2.1.2.       Window vacuum cleaner

5.2.1.3.       Pool vacuum cleaner

5.2.2.  By Distribution Channel

5.2.2.1.       Online

5.2.2.2.       Offline

5.2.3.  By Application

5.2.3.1.       Household

5.2.3.2.       Commercial

5.2.3.3.       Industrial

5.2.4.  By Region

5.2.4.1.       North America

5.2.4.2.       Europe

5.2.4.3.       Asia Pacific

5.2.4.4.       Latin America

5.2.4.5.       Middle East & Africa

6.    North America Robotics Vacuum Cleaners Market

6.1. Market Size & Forecast By Value, 2016-2026

6.1.1.   By Value (USD Billion)

6.2. Market Share & Forecast

6.2.1.   By Type

6.2.2.   By Distribution Channel

6.2.3.   By Application

6.2.4.   By Country

6.2.4.1.       United States

6.2.4.2.       Canada

7.    Europe Robotics Vacuum Cleaners Market

7.1. Market Size & Forecast By Value, 2016-2026

7.1.1.   By Value (USD Billion)

7.2. Market Share & Forecast

7.2.1.   By Type

7.2.2.   By Distribution Channel

7.2.3.   By Application

7.2.4.   By Country

7.2.4.1.       Germany

7.2.4.2.       United Kingdom

7.2.4.3.       France

7.2.4.4.       Italy

7.2.4.5.       Spain

7.2.4.6.       Rest of Europe

8.    Asia Pacific Robotics Vacuum Cleaners Market

8.1. Market Size & Forecast By Value, 2016-2026

8.1.1.   By Value (USD Billion)

8.2. Market Share & Forecast

8.2.1.   By Type

8.2.2.   By Distribution Channel

8.2.3.   By Application

8.2.4.   By Country

8.2.4.1.       China

8.2.4.2.       India

8.2.4.3.       Japan

8.2.4.4.       South Korea

8.2.4.5.       Rest of Asia Pacific

9.    Latin America Robotics Vacuum Cleaners Market

9.1. Market Size & Forecast By Value, 2016-2026

9.1.1.   By Value (USD Billion)

9.2. Market Share & Forecast

9.2.1.   By Type

9.2.2.   By Distribution Channel

9.2.3.   By Application

9.2.4.   By Country

9.2.4.1.       Brazil

9.2.4.2.       Mexico

9.2.4.3.       Argentina

9.2.4.4.       Rest of Latin America

10.Middle East & Africa Robotics Vacuum Cleaners Market

10.1.             Market Size & Forecast By Value, 2016-2026

10.1.1.                By Value (USD Billion)

10.2.             Market Share & Forecast

10.2.1.                By Type

10.2.2.                By Distribution Channel

10.2.3.                By Application

10.2.4.                By Country

10.2.4.1.    Saudi Arabia

10.2.4.2.    UAE

10.2.4.3.    South Africa

10.2.4.4.    Rest of Middle East and Africa

11.Company Profile (Company Overview, Financial Matrix, Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)*

11.1.   AB Electrolux

11.2.   Haier Group Corp.

11.3.   LG Electroncis, Inc.

11.4.   Samsung Electronics Co., Ltd.

11.5.   Bissell Inc

11.6.   Dyson Ltd.

11.7.   Panasonic Corporation

11.8.   Koninklijke Philips N.V.

11.9.   iRobot Corporation

11.10.          Techtronic Industries

11.11.          iLife Innovation Ltd.

11.12.          Sharp Corporation

11.13.          Neato Robotics

11.14.          Matsutek Enterprise Ltd.

11.15.          Bissell Inc.

11.16.          Proscenic

11.17.          Miele & Cie. KG

11.18.          Kevac SRL

11.19.          Dyson Ltd.

11.20.          ECOVACS

11.21.          Other Prominent Players 

*Financial Details will be captured as per data availability in case of unlisted companies.

**The user segmentation and the companies are subjected to modifications based on the in-depth secondary for the final deliverable.