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The Global Smart Cleaning and Hygiene Market to Advance at CAGR of 14.39% by 2028

08-26-2022 06:37 AM CET | IT, New Media & Software

Press release from: Triton Market Research

Global Smart Cleaning and Hygiene Market

Global Smart Cleaning and Hygiene Market

Triton Market Research presents the Global Smart Cleaning and Hygiene Market segmented by Application (Residential, Commercial, Healthcare, Industrial), Product (Pool Cleaning Robot, Robotic Vacuum Cleaner, Window Cleaning Robot, Other Types), and by Geography (Asia-Pacific, Middle East and Africa, Latin America, North America, Europe). It further discusses the Market Summary, Industry Outlook, Impact of COVID-19, Key Insights, Porter's Five Forces Analysis, Market Attractiveness Matrix, Vendor Scorecard, Key Market Strategies, Drivers, Challenges, Opportunities, Competitive Landscape, Methodology & Scope, Global Market Size, Forecasts & Analysis (2021-2028).

Triton's report on the smart cleaning and hygiene market suggests that the market is estimated to thrive at a CAGR of 14.39% over the forecasted period 2021 to 2028.

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The smart cleaning and hygiene market provide various products that perform different cleaning tasks automatically, making the monotonous tasks easier for workers.

Nuclear waste is the most hazardous waste; thus, cleaning robots prove beneficial for handling and packing atomic waste. Moreover, the robots can reach contaminated areas that are harmful to humans. This step limits the entry of workers in confined spaces and makes the cleaning process easier in nuclear plants. Thus, the use of smart cleaning products to clean nuclear waste is creating opportunities for the smart cleaning and hygiene market globally.

However, the high maintenance and high cost of smart cleaning devices are negatively impacting the progress of the smart cleaning and hygiene market.

The Asia-Pacific is anticipated to witness the fastest growth in the smart cleaning and hygiene market over the considered phase. This is because the nations in the region have invested significantly in robotics and AI research to obtain commercial value. Moreover, the governments are revamping educational systems and partnerships to outperform international companies in robotics. Furthermore, the lifestyle change, increase in high disposable income, and surging purchasing power is fueling the growth of the smart cleaning and hygiene market across the APAC region.

The distinguished companies in the smart cleaning and hygiene market are Cyberdyne, Neato Robotics, Vorwerk and Co KG, Haier Group Corporation, Xiaomi Corporation, Samsung Electronics Co Ltd, Roborock Technologies, Electrolux AB, Panasonic Corporation, SharkNinja, LG Electronics, Ecovacs Robotics, iRobot Corporation, Hitachi Ltd, and Maytronics.

Several products are available in the market, encouraging companies to invest heavily in developing new products. However, the need for huge capital investment and increased international competition restricts the entry of new players immensely in the market. Besides, there is high product differentiation depending on the application, which challenges new players to establish brand image. Thus, the threat of new players is likely to be low to moderate over the forecasted period.

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Triton Market Research
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Website: https://www.tritonmarketresearch.com/

We are a leading market research company with offices in the UK, providing the best online market research and data search reports to our clients.

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