Cleaning Robot Market Report Covers Detailed Industry Research, products, Vertical , Future Scenario and Outlook to 2032

Cleaning Robot Market report covers share, size, and forecast by top players, regions, applications, and product types, and forecast from 2023 to 2032, along with historical data. The Cleaning Robot Market study covers in-depth insights on competitive scenario, description, wide product portfolio of key vendors, SWOT analysis, business strategy adopted by competitors, revenue, Porter's Five Forces Analysis, and sales estimates. The report's primary objective is to supply a further illustration of the newest scenario, economic slowdown, and War situations impact on the overall industry and exhaustive scope to cover all the possible segments helping every stakeholder in the Cleaning Robot market.

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A cleaning robot is an autonomous robot that has been used in mopping, UV sterilisation, and other household purposes such as cleaning floors, windows, lawns, and so on. This robot has been intelligently programmed to perform manual operations using a remote control and self-drive mode without the need for human intervention. It is specifically intended to reduce human effort and save time.

Key Factors Impacting Market Growth:

•Growing penetration of AI and IoT in household appliances

The development of AI and IoT has provided new avenues for robots to interact and work with humans. Also, the development and evolution of MEMS (micro-electromechanical systems) and sensors and enhancements in visualization technologies have improved the efficiency and accuracy of robots. The growth in the cleaning robot market is led by innovation and modernization in the field of robotics. Technological advancements and research activities have led to the development of cleaning robots, helping humans perform mundane tasks. In addition to this, technological advancements in manufacturing, sensors, and visualization equipment have further resulted in low-cost cleaning robots that are specialized to carry out cleaning.

Recent Development:

• In August 2022, Amazon.com, Inc. (US) and iRobot Corporation (US) announced a definitive merger agreement under which Amazon will acquire iRobot Corporation under its expansion plan with a USD 1.7 billion offer. The acquisition will bolster Amazon's line of smart home products and add to the retail giant's vast store of consumer data.

• In June 2022, Ecovacs Robotics Co., Ltd., (China) one of the world's leading service robotics leaders, is making good on its new mission, "Robotics for all", by reimagining floor cleaning with the new AI-powered DEEBOT T10 robotic vacuum cleaner. The new DEEBOT combines next-generation technologies, such as AIVI 3.0 Upgraded AI-based Object Recognition and Avoidance technology, that offer tech-savvy households' unique advantages. It also ushers in a new era of human-bot interaction with YIKO Voice Assistant, making the DEEBOT T10 everyone's intelligent butler.

• In August 2022, Xiaomi (China) launched the Mi Robot Vacuum-Mop 2 series in Europe, which includes the Mop 2S, Mop 2 Pro, and the Mop 2 Ultra.

Key Players

The Cleaning Robot Market studied is a discreetly consolidated market owing to the existence of the small and large market players. Some of the market players are
•Dyson
•Ecovacs Robotics Inc.
•Infinuvo
•iRobot Corporation
•Koninklijke Philips N.V.
•LG Electronics
•Neato Robotics
•Intellibot Robotics LLC
•Yujin Robot
•Samsung Electronics

Segment analysis

Cleaning Robot Market is segmented By Product (Floor Robot, Pool Robot, Window Robot, Lawn Robot, Others), By Vertical (Residential, Commercial, Industrial, Healthcare, Others)

FIVE FORCES and PESTLE ANALYSIS:

In order to better understand Market condition five forces analysis is conducted that includes Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry.

-Political (Political policy and stability as well as trade, fiscal and taxation policies)
-Economical (Interest rates, employment or unemployment rates, raw material costs and foreign exchange rates)
-Social (Changing family demographics, education levels, cultural trends, attitude changes and changes in lifestyles)
-Technological (Changes in digital or mobile technology, automation, research and development)
-Legal (Employment legislation, consumer law, health and safety, international as well as trade regulation and restrictions)
-Environmental (Climate, recycling procedures, carbon footprint, waste disposal and sustainability)

Regional analysis:

➸ North America (United States, Canada and Mexico)
➸ Europe (Germany, UK, France, Italy, Russia and Turkey, Rest of Europe)
➸ Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam Rest of Asia)
➸ South America (Brazil, Argentina, Columbia, Reset of South America)
➸ Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and Rest of South Africa & Middle East)

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•It assists in making informed commercial decisions by providing complete market insights and extensive market segment analyses.

It assists in making informed commercial decisions by providing complete market insights and extensive market segment analyses.
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This release was published on openPR.