Robotic Vacuum Cleaners Market to be Worth $33.3 Billion by 2031

Meticulous Research®-a leading global market research company, published a research report titled, 'Robotic Vacuum Cleaners Market by (Cleaning Robots, Mopping Robots, Hybrid Robots), Distribution Channel, Operation (Self-driven, Remote-controlled), Price Range, Application (Residential, Commercial), and Geography - Global Forecast to 2031.'

According to this latest publication from Meticulous Research®, the global robotic vacuum cleaners market is projected to reach $33.3 billion by 2031, at a CAGR of 26.9% from 2024-2031. The growth of the robotic vacuum cleaners market is driven by the growing penetration of smart and connected products in homes, increasing demand for energy-efficient appliances, and increasing disposable income. However, the high maintenance cost restrains the growth of this market.

Furthermore, the proliferation of internet-connected and voice-controlled robotic vacuums is expected to generate growth opportunities for the market's stakeholders. However, navigation challenges in robotic vacuum cleaners are major challenges impacting the market's growth.

The global robotic vacuum cleaners market is segmented by type (cleaning robots, hybrid robots, mopping robots), distribution channel (online, offline), operation (self-driven, remote-controlled), price range (below USD 200, USD 201 to USD 500, above USD 501), application (residential, commercial (hospitality, healthcare, retail, offices, other commercial applications)). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

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Based on type, the global Robotic vacuum cleaners market is segmented into cleaning robots, hybrid robots, and mopping robots. In 2024, the cleaning robots segment is expected to account for the largest share of above 48% of the global robotic vacuum cleaners market. The large market share of this segment is attributed to the growing demand for smart & connected products, including cleaning robots in homes, the growing importance of improved functionality and performance with no human interference, and the increasing importance of clean and hygienic homes. These automatic vacuum cleaners use various technologies, such as online mapping of the home, remote access, and an anti-collision system, to ensure efficient cleaning without any difficulties during the cleaning process.

However, the hybrid robots segment is projected to register the highest CAGR during the period. The segment's growth is attributed to the growing need for Wi-Fi connectivity, advancements in mopping technology, and a growing emphasis on hygiene. Hybrid vacuums offer a two-in-one solution, eliminating the need for separate vacuuming and mopping, saving time and effort.

Based on distribution channel, the global robotic vacuum cleaners market is segmented into online and offline. In 2024, the online segment is expected to account for the larger share of above 83% of the global robotic vacuum cleaners market. The large market share of this segment is attributed to the growth of the e-commerce industry, convenience of shopping from home, availability of a wide range of vacuum cleaners, discounts/lower prices, detailed information for prospective buyers, and comparison of various models/brands. On online platforms, companies have the autonomy to display a whole range of products to attract customers with different tastes and needs. This enables the buyers to choose from various models after comparing the finish, features, and price of the products on display.

Moreover, this segment is also projected to register the highest CAGR during the forecast period.

Based on operation, the global robotic vacuum cleaners market is segmented into self-driven and remote-controlled. In 2024, the self-driven segment is expected to account for the larger share of above 68% of the global robotic vacuum cleaners market. The large market share of this segment is attributed to the advent of automation and the adoption of AI and IoT in robotic vacuums. Innovations in technologies such as sensors, AI, and internet connectivity are supporting the demand for self-driven robotic vacuum cleaners. These vacuum cleaners are cost-efficient and clean floors in comparatively less time than remote-controlled cleaners.
However, the remote-controlled segment is projected to register the highest CAGR during the forecast period. The segment's growth is attributed to the increasing demand for AI-enabled vacuum cleaners, key players' increasing strategic developments to offer remote control functionalities through smartphone apps, and technological advancements in home appliances. A remote-controlled vacuum cleaner is built with a vacuum cleaner vehicle that helps the cleaner position and move in any direction on the floor. It also includes a handheld remote-control device and a transmitter for sending control signals.

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Based on price range, the global robotic vacuum cleaners market is segmented into below USD 200, USD 201 to USD 500, and above USD 501. In 2024, the USD 201 to USD 500 segment is expected to account for the largest share of above 40% of the global robotic vacuum cleaners market. The large market share of this segment is attributed to the increasing demand for additional features such as security cameras, advanced sensors to prevent bumping into furniture, advanced mapping and navigation systems, and increasing demand for remote-controlled vacuum cleaners. These vacuums are also compatible with Google Assistant and Amazon Alexa to give voice commands while cleaning.
However, the above USD 501 segment is projected to register the highest CAGR during the forecast period. The segment's growth is attributed to the increasing investment in premium appliances, the popularity of smart home appliances, and the increasing demand for high-end vacuums with stronger suction power, better filtration systems, and specialized attachments for deep cleaning, justifying the higher price tag.

Based on application, the global robotic vacuum cleaners market is segmented into residential and commercial. In 2024, the residential segment is expected to account for the larger share of above 78% of the global robotic vacuum cleaners market. The large market share of this segment is attributed to the busy lifestyle of consumers, technological advancement in home appliances, and increasing awareness of hygiene. The residential robotic vacuum market witnessed innovations, such as UV sterilization, spinning brushes, and security cameras for homes, pets, and older adults. Companies are integrating new technologies in robotic vacuum cleaners. Moreover, this segment is also projected to register the highest CAGR during the forecast period.

Based on geography, the robotic vacuum cleaners market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of above 45% of the global Robotic vacuum cleaners market. The market growth in Asia-Pacific is driven by the increasing importance of clean and hygienic homes, shifting consumer preference towards purchasing intelligent home appliances, growing adoption of smart & connected products in homes, and the increased availability of technically advanced products. Due to the higher purchasing power of the people in China and South Korea, the demand for automated electronic products is also escalating in the region. Moreover, this region is also projected to record the highest CAGR of above 24% during the forecast period.

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Key Players

The key players operating in the global robotic vacuum cleaners market are iRobot Corporation (U.S.), ECOVACS Robotics Co., Ltd. (China), Beijing Roborock Technology Co. Ltd. (China), Anker Innovation Technology Co., Ltd. (China), Samsung Electronics Co., Ltd (South Korea), Shenzhen Proscenic Technology Co. Ltd. (China), Neato Robotics, Inc. (U.S.), Cecotec Innovaciones S.L. (Spain), LG Electronics Inc (South Korea), Dyson Limited (U.K.), Panasonic Corporation (Japan), and Sharp Corporation (U.S.).

Key Questions Answered in the Report:
• What are the high-growth market segments in terms of the type, distribution channel, operation, price range, and application?
• What is the historical market size for the global robotic vacuum cleaners market?
• What are the market forecasts and estimates for 2024-2031?
• What are the major drivers, restraints, opportunities, challenges, and trends in the global robotic vacuum cleaners market?
• Who are the major players in the global robotic vacuum cleaners market, and what are their market shares?
• What is the competitive landscape like?
• What are the recent developments in the global robotic vacuum cleaners market?
• What are the different strategies adopted by major market players?
• What are the trends and high-growth countries?
• Who are the local emerging players in the global robotic vacuum cleaners market, and how do they compete with other players?

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