Cleaning Robot Market Key Player Growth Analysis On 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., Al
Request for an in-depth table of contents for this report @
Cleaning Robot Market size is anticipated 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.
Rising labor costs in developed economies including the U.S. and Germany are the key factors that fuel the cleaning robot market. Robots save time by performing multiple tasks simultaneously, reducing the time taken to perform a set of tasks. This is one of the major factors boosting the industry growth. These automation machines become a feasible choice than costly housekeeping services for people with disability. They also offer high work precision, which makes them popular for cleaning operations in industries and residential sector.
The high cost of these robots is a major factor that restrains the cleaning robot market growth over the forecast timespan. These devices are costly compared to the traditional robots owing to the advanced technologies incorporated into it. Small-scale industries that have budgetary constraints cannot afford these devices. Sophisticated servo systems, programmable logic devices, and human-machine interfaces used for the control of these robots add to the cost of the robot. Emerging economies including India and China cannot afford these robots and hence rely on human labor, thus restricting the industry growth in the region.
Battery life problems, low durability, and maintenance issues are also key factors hindering the cleaning robot market growth. Cleaning robots require high maintenance for optimized performance. Lack of skilled technicians in developing economies is projected to hamper the industry growth.
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.
Make an inquiry for purchasing this report @
The cleaning robot market is segmented into healthcare, residential, commercial, and industrial applications. The residential application segment is expected to grow significantly owing to the increasing demand for automated cleaning systems in developed economies. The compact size of this equipment makes them the right choice for residential applications. Efficient cleaning operation in confined spaces is an advantage offered by these robots, increasing their popularity in the residential sector.
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.
Brpwse Full Report: https://www.gminsights.com/industry-analysis/cleaning-robot-market
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.
Browse Related Report:
Traffic Sensor Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Italy, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024
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.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cleaning Robot Market Key Player Growth Analysis On 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., Al here
News-ID: 1267933 • Views: 585
More Releases from Global Market Insights, Inc.
Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing
More Releases for Robot
Global Humanoid Robot Market
Global Humanoid Robot Market was valued US$ 624.2 Mn in 2017 and is estimated to reach US$ 5, 455 Mn by 2026 at a CAGR of about 52.32% during a forecast period. Global humanoid robot market is segmented into the component, motion type, application, and region. On the basis of the component, a market is divided into hardware and software. based on motion type, the market is segmented into biped, wheel
Global Robot Vacuums Market Research
Global Robot Vacuums Market Research in addition, rising interest for automated vacuum cleaners can be ascribed to expanding center around accommodation and the travel industry areas, particularly in creating nations, combined with expanding tendency towards tidiness and cleanliness in the private segment inferable from less time accessibility for family unit errands because of busier ways of life Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=6220 Table of Contents 1 Robot Vacuums Market Overview 1.1 Product Overview
India’s first banking robot
Taking a cue from a Japanese bank – Bank of Tokyo-Mitsubishi UFJ – Indian banks plan to use robots with artificial intelligence. Kumbakonam-based City Union Bank launched India’s first robot on-site assistant, known as Lakshmi. The robot imitates human action, thereby reducing the response time to customers by up to 60% and improving accuracy tremendously. The bank became the first to deploy robots that can perform repetitive, high volume and time-consuming
Humanoid Robot Market 2017 Research & Development
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD) , market share and growth rate of Humanoid Robot in these regions, from 2012 to 2022 (forecast) , covering United States EU China Japan South Korea Taiwan For more information about this report at http://www.reportsweb.com/2012-2022-report-on-global-humanoid-robot-market-competition-status-and-forecast-market-size-by-players-regions-type-application Global Humanoid Robot market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Kawada (Japan) (HRP-4) Honda (Japan)
Europe Cleaning Robot Market Report 2016
This report studies sales (consumption) of Cleaning Robot in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering Dyson Ltd. Ecovacs Robotics, Inc. Infinuvo iRobot Corporation Koninklijke Philips N.V. LG Electronics, Inc. Neato Robotics, Inc. Samsung Electronics Co., Ltd. Market Segment by Countries, this report splits Europe into several key Countries, with sales (consumption), revenue,
Robot Technology in the Ascendant
Multi Talent PARO® Juggles with Balls At the shared booth of the Ministry of Economic Affairs and Energy of the State of North Rhine-Westphalia, the PARO® palletising robot demonstrated its skills and flexibility when handling unusual package types: In addition to boxes, also balls were palletised in Hannover this year. The PARO® robot, originally designed for palletising processes at the end of production lines, placed balls onto an air stream at the