Cleaning Robot Market By 2024 Key Players - Intellibot Robotics LLC, LG Electronics, Koninklijke Philips N.V., Samsung Electronics, IBC Robotics, Ecovacs Robotics, Neato Robotics, iRobot Corporation

Market Overview: -

Cleaning Robot Market set to grow at a very fast rate owing to the latest technological advancements and innovations in the field of robotics such as small size and enhanced performance. Companies are manufacturing robots with visualization and sensing equipment to enable enhanced operations. Use of high speed, high precision, and small-sized servo & mechanical systems in robots have led to enhanced accuracy in operations and reduced sizes. This is a major factor projected to boost the cleaning robot market over the coming years. Incorporation of advanced technologies, such as artificial intelligence in robots, has eliminated the drawbacks of traditional robots. AI-infused robotics has enhanced the capabilities of robots to take real-time decisions.

Increased penetration of the technology and automation in household applications and industries is a major factor boosting the cleaning robot market. Changing lifestyle of people in emerging economies has led to a rise in the awareness of the technological advancements and its advantages. Various developing economies are investing in smart homes for enhanced lifestyle. This has led to a rise in the demand for these devices in domestic applications. This equipment is increasingly being used in robust industrial environments, where human involvement can prove to be lethal. These are used for cleaning in nuclear power plants and in the container, engineering & manufacturing, transport, and food industries. These factors are projected to propel the industry growth over the coming years.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2440

Top Key Players: -

Key players in the cleaning robot market include Intellibot Robotics LLC, LG Electronics, Inc., Koninklijke Philips N.V., Samsung Electronics Co., Ltd., IBC Robotics, Ecovacs Robotics, Inc., Neato Robotics, Inc., iRobot Corporation, Cyberdyne, Inc., Alfred Kärcher GmbH & Co., KG, Bobsweep, and Miele. Companies are investing in R&D to develop technologically-advanced solutions to provide enhanced services to customers. For instance, in November 2017, Ecovacs Robotics launched new models that autonomously mop and vacuum the floor in one go. Increasing competition among key players to introduce new robots is expected to fuel the industry growth.
Market share calculation in this report is not done based on companies covered in it. The calculation of cleaning robot market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

North America cleaning robot market holds the largest share owing to the tendency to adopt advanced technologies and the developed economic conditions of the region. Growing urbane lifestyle of consumers and high disposable incomes are expected to propel the demand for these devices in household applications.

Asia Pacific is anticipated to grow at a significant pace owing to the changing lifestyles of people and increasing awareness about the latest technological developments. Increase in the consumer disposable income in the region is a major factor driving the Asia Pacific cleaning robot market. The growth in the industrialization sector in Asia Pacific is expected to boost the demand for cleaning robots in industrial applications over the forecast timespan.

Request for customization of this report @ https://www.gminsights.com/roc/2440

Technological advancements, such as artificial intelligence, AI swarm technology, and high-precision control systems are expected to provide growth opportunities for the cleaning robot market. Increasing demand for robots from the industrial sector is also anticipated to augment the industry growth. There is an increasing demand for cleaning robots in developed economies in Europe and North America. Rising need for small-sized compact robots is projected to boost the industry growth.

The cleaning robot market is segmented as floor-cleaning, lawn-cleaning, pool-cleaning, and window-cleaning. The floor-cleaning segment is anticipated to grow considerably owing to the growing acceptance of these devices in the residential sector. These are equipped with sensors and navigation control systems to prevent collisions and detect obstacles. Moreover, they can also capture images and videos. Vacuum cleaners attached to the robots coupled with cameras mounted on them help in the efficient operation of floor-cleaning machinery.

Browse Full Report @ https://bit.ly/2GrdjDH

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.