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Robot Vacuum Cleaner Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

01-20-2024 10:28 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Robot Vacuum Cleaner Market Revenue, Insights, Overview,

Robot Vacuum Cleaner Market

Robot Vacuum Cleaner Market is projected to reach US$ 8121.7 million in 2029, increasing from US$ 4418.7 million in 2022, with the CAGR of 10.1% during the period of 2023 to 2029.

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Robot Vacuum Cleaner Market Trends

The incorporation of smart home features and ongoing technical improvements are driving the growth of the robot hoover cleaner market. With the use of sensors, cameras, and mapping technology, these smart cleaning appliances can explore and maintain homes on their own. Robot hoover cleaner use is rising as a result of its smooth integration with voice-activated assistants and smartphone applications, among other smart home ecosystems. The need for time-saving and automated solutions is driven by customers' changing lifestyles, which are marked by hectic schedules and time restrictions. Robotic hoover cleaners provide a hands-free solution for home maintenance, enabling consumers to assign cleaning duties to others while attending to other obligations.

One of the primary factors propelling the robot hoover cleaner market is rising awareness of how important it is to keep one's living area clean and allergen-free. These gadgets include cutting-edge filtration systems that collect allergies, dust, and pet dander to enhance the quality of the air indoors. The popularity of robot hoover cleaners is increased by the focus on health and hygiene, particularly in homes with allergy sufferers or among those who want a cleaner living space.

Consumers are becoming increasingly eager to spend money on smart home technologies that improve their quality of life as the world's economies expand and disposable incomes rise. This tendency helps the robot hoover cleaner market as people see these products as useful additions to their homes as well as time-saving options.

Robot Vacuum Cleaner Market Share

With a market share of over 70%, the top 5 robot hoover cleaner companies worldwide are iRobot, ECOVACS, Xiaomi, Roborock, and NARWAL. Among the titans in the sector, most of them headquarter in China. Additionally, with over 80% of the market, China is the biggest manufacturer. China, Europe, and North America rank first through third in terms of market size. China makes up over 40% of the market, making it the leading region. There are two main categories of robot hoover cleaners: those that do not clean themselves and those that do, with the latter accounting for a larger percentage of sales at around 60%.

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By Type
• Non-self-cleaning Cleaner
• Self-cleaning Cleaner

By Application
• Online
• Offline

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