Global Residential Robotic Vacuum Cleaner Market – Snapshot
Robotic vacuum cleaner is commonly called as robovacs and it is mainly used for cleaning residential and small commercial spaces, such as pools, gutters, and floors. The unit of the robotic vacuum cleaner comprises a mobile base, batteries, cleaning system, programming software, and other accessories. Robotic vacuum cleaners use intelligent sensors and a camera mounted on top to clean tight corners and hard-to-reach surfaces. Robotic vacuum cleaners are equipped with advanced features such as laser vision, room mapping, and robotic self-charging to offer convenience to users. Other features include spinning brushes, mopping, security cameras, UV sterilization, navigation technology, and intercom systems. All these features are expected to drive the overall residential robotic vacuum cleaner market during the forecast period.
Changing lifestyles and busy work-schedules have led to the use of residential robotic vacuum cleaners. The lifestyle of people have changed over the past decade and people spend long hours in their office. This leads to lack of time to do household chorus and creates demand for robotic vacuum cleaners. Rising technological advancements are expected to accelerate the residential robotic vacuum cleaner market across the world. Manufacturers are developing the product by introducing various changes in the product. For instance, Dyson Company launched Dyson 360 which has a 360° camera on the top and helps in navigation. In 2017, Xiaomi Corporation launched a robotic vacuum cleaner with 12 different sensors for scanning the area and creates algorithm and a virtual map for efficient navigation. Increasing industrialization has led to rise in health hazards due to air pollution. Growth in awareness about health and benefits of vacuum cleaners are important factors which are creating huge opportunity for the residential robotic vacuum cleaner market across the world.
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The global residential robotic vacuum cleaner has been segmented on the basis of product, charging type, operation mode, distribution channel, and geography. Based on product, the market has been segmented into in-house robot and outdoor robot. As compared to outdoor robot, in-house robot is expected to hold major share in the overall residential robotic vacuum cleaner market. On the basis of charging type, the market has been classified into manual charging and battery charging. In manual charging, the robotic vacuum cleaner gets charged through human interaction and in battery charging, the robotic vacuum cleaner gets to the station for the charge whenever the sensor detects the battery low information. This increases the market attractiveness of the battery charging segment. Based on operation mode, the market is segmented into self-drive and remote control robot. Self-drive robot does not require any human interference and operates automatically, while the remote control robotic vacuum cleaner needs humans to operate and monitor the operation of the robotic vacuum cleaner. Although it is the largest contributor to the global residential robotic vacuum cleaner market, the remote control segment is expected to witness slower growth rate as compared to the self-drive segment over the forecast period.
Asia Pacific is likely to be the most attractive region during the forecast period due to the steady adoption of household electrical appliances. Manufacturers are keen on entering the Asia Pacific region in order to grab significant market share during the forecast period. However, North America and Europe dominated the overall residential robotic vacuum cleaner market due to the preference toward premium brands among the population. As compared to other regions, Middle East & Africa and South America are expected to have a slower growth rate during the forecast period.
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The residential robotic vacuum cleaner market is fragmented due to the presence of several players. Competition is expected to intensify in the coming years, due to the entry of several local players. Key companies profiled in the research report include iRobot Corporation, Neato Robotics, Inc., Dyson Inc, Ecovacs Robotics, Inc, Philips Electronics N.V, Samsung Electronics Co., Ltd, BLACK+DECKER Inc. (Stanley Black & Decker, Inc.), Robert Bosch GmbH, Panasonic Corporation, Miele & Cie. KG, LG Electronics Inc, Haier Group Corporation, Electrolux AB, Bissell Inc, Cecotec Innovaciones Sl, and others.
