North America Robotic Vacuum Cleaner Market is Expected to Reach at a CAGR of 18.80% | Demand, Scope and Size by 2029

The North America Robotic vacuum cleaner Market was valued at USD 2,073.84 million in 2021 and is expected to reach USD 8,228.24 million by 2029, registering a CAGR of 18.80% during the forecast period of 2022-2029. The remote control segment is estimated to show highest CAGR owing to the increasing demand for controlling cleaners using handheld remote or mobile phones during the cleaning process. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.

There has been huge growth in the availability of the 5G network and the widening reach of internet facilities. These determinants further boost the adoption of robotic vacuum cleaners, thus help in expansion of market. Additionally, the self-driving vacuum cleaner has also largely gained popularity and the evolution in household work culture has enabled growth for the robotic vacuum cleaner market within this region. Therefore, the market is estimated to flourish rapidly over the forecasted period due to such factors.

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Some of the major players operating in the robotic vacuum cleaner market are

ECOVACS (China)
Dyson (United Kingdom)
LG Electronics (South Korea)
iRobot Corporation (U.S)
Proscenic (China)
Samsung (South Korea)
Neato Robotics, Inc., (California)
Matsutek Co. Ltd. (Taiwan)
Robert Bosch GmbH (Germany)
Koninklijke Philips N.V. (Netherlands)
Panasonic Corporation (Japan)

Robotic Vacuum Cleaner Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

Increased Requirement for Robotic Vacuum Cleaner

The robotic vacuum cleaner are becoming increasingly popular in the commercial and household sectors for cleaning windows, pools, lawns, and floors because they do the jobs in less time and at a lower cost without requiring physical effort. The lesser time taken for the household activities by these robots further create outstanding demand for the robotic vacuum cleaner services. Consequently, the increased product demand will further result in the market growth.

The rise in the working population, growing number of smart homes, and growing purchasing power will further propel the growth rate of the robotic vacuum cleaner market. Additionally, the rise in the potential in newer industrial functions and consumers' preference for smart and innovative electrical appliances will also drive market value growth over forecast period. Furthermore, the busy schedules and reduced time for household chores, increasing number of working women, growing inclination towards cleanliness and hygiene, and the escalating income levels in households also boost the overall market's growth.

Opportunities

Advancements, Digitalization and Investments

Furthermore, the integration of advanced technologies such as the voice recognition and laser-based technologies to map the floor structure further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the heightened digitalization with increased adoption of internet of things (IoT) solutions along with increased research and development investments will further expand the future growth of the robotic vacuum cleaner market.

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COVID-19 Impact on Robotic Vacuum Cleaner Market

The recent outbreak of coronavirus had a huge impact on the robotic vacuum cleaner market. The market has largely benefited from the COVID-19 pandemic, with increasing demand from home end-users. According to market participants, demand for robotic vacuum cleaners increased significantly during the epidemic. The increasing demand was ascribed to heightened consumer awareness of the importance of cleanliness and germ protection in the house as a result of the virus's rapid spread. 

North America Robotic Vacuum Cleaner Market Scope

The robotic vacuum cleaner market is segmented on the basis of type, category, operation mode, charging type, distribution channel and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

Floor Vacuum Cleaner
Window Vacuum Cleaner
Pool Vacuum Cleaner
Others

Category

Cleaning Robots
Mopping Robots
Hybrid Robots

Operation Mode

Self-Drive
Remote Control

Charging Type

Manual Charging
Automatic Charging

Distribution Channel

Electronic Stores
E-Commerce
Retail Stores
Supermarket/Hypermarkets
Others

End User

Residential
Commercial
Institutional
Industrial

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Competitive Landscape and Robotic Vacuum Cleaner Market Share Analysis

The robotic vacuum cleaner market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to robotic vacuum cleaner market.

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