Press release
Residential Robotic Vacuum Cleaner Market 2022 Expected to reach US$ 2,475.0 million with 12% CAGR Forecast to 2027
Residential Robotic Vacuum Cleaner Market 2022-2027According to the latest market report published by Persistence Market Research, titled “Global Market Study on Residential Robotic Vacuum Cleaner: Europe to Be the Most Lucrative Region throughout the Forecast Period”, the residential robotic vacuum cleaner market is estimated to be valued at US$ 1,255.0 Mn by the end of 2015 and is anticipated to expand at a CAGR of 12.0% from 2015 to 2022 in terms of value, to account for US$ 2,475.0 Mn by 2027.
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Robotic vacuum cleaners commonly called robovacs, are mainly used for cleaning residential spaces, such as floors, pools, and gutters. The device comprises a mobile base, cleaning system, programming software, batteries, and other accessories. Robovacs use intelligent sensors to clean tight corners and hard-to-reach surfaces. It is equipped with various advanced features such as laser vision, room mapping, self-charging and others to offer convenience to users.
Key Players:
The report has profiled some of the Important players prevalent in the global like – iRobot Corporation, Neato Robotics, Inc., Yujin Robot, Co., Ltd., Dyson Inc., Ecovacs Robotics, Inc., Hayward Industries, Inc., Philips Electronics N.V, Samsung Electronics Co., Ltd., Pentair plc and Milagrow Business & Knowledge Solutions (Pvt.) Limited and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Residential Robotic Vacuum Cleaner.
The global residential robotic vacuum cleaner market is expected to witness significant growth during the forecast (2015–2022). Various factors such as growing demand for automated cleaning, increasing consumer inclination towards various types of cleaning products and rising disposable income. Trends that follow with the growth of residential robotic vacuum cleaner market include growing product innovation, increasing R&D expenditure by key market players and growing number of market players.
In terms of value, the global residential robotic vacuum cleaner market is expected to expand at a CAGR of 12.0% from 2015 to 2022, to be valued at US$ 2,475.0 Mn by 2022. In terms of volume, production of residential robotic vacuum cleaner is expected to be 1,913.5 thousand units by the end of 2015 and is expected to reach 4,783.0 thousand units by 2022,exhibiting a CAGR of 16.5%.
On the basis of robot type, the global residential robotic vacuum cleaner market is segmented into an in-house robot and outdoor robot. In terms of value, the in-house robot segment is expected to account for 83.3% share of the global residential robotic vacuum cleaner market by the end of 2015 and is anticipated to expand at CAGR of 9.9% during the forecast period. In terms of volume, the in-house robots segment stood at 1,309.1 thousand units in 2014.
On the basis of mode of charging, the global residential robotic vacuum cleaner market is segmented into manual charging and auto battery charging segments. In terms of value, the manual charging segment is expected to expand at the highest CAGR of 12.0% during the forecast period, while the auto battery charging segment is expected to be valued at US$ 1,775.6 Mn by 2022.
The report provides in-depth information about various factors and trends affecting each segment and provides analysis and insights about the potential of the residential robotic vacuum cleaner market in specific regions. On the basis of region, the global market of residential robotic vacuum cleaner market is segmented into five regions; among these, Europe is expected to dominate the market, accounting for 44.6% value share by the end of 2015 and it is expected to remain dominant by 2022. However, the Middle East & Africa market is anticipated to expand at the highest CAGR during the forecast period.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Residential Robotic Vacuum Cleaner Market Manufacturers
Residential Robotic Vacuum Cleaner Market Distributors/Traders/Wholesalers
Residential Robotic Vacuum Cleaner Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Residential Robotic Vacuum Cleaner Market - Report Highlights
A detailed overview of parent market of Residential Robotic Vacuum Cleaner market
Changing Residential Robotic Vacuum Cleaner market dynamics in the industry
In-depth segmentation of the Residential Robotic Vacuum Cleaner market
Historical, current, and projected Residential Robotic Vacuum Cleaner market size regarding volume and value
Recent industry trends and developments in Residential Robotic Vacuum Cleaner market
Competitive landscape of the Residential Robotic Vacuum Cleaner market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Residential Robotic Vacuum Cleaner market performance
Must-have information for Residential Robotic Vacuum Cleaner market players to sustain and enhance their market footprint
Key Questions Answered in This Report.
· What will the Market growth rate in Future?
· What are the key factors driving the global Market?
· Who are the key manufacturers in Market space?
· What are the opportunities and threats faced by the vendors in the global industry?
· What are sales, revenue, and price analysis by regions of industry?
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About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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