Press release
Robotic Vacuum Cleaners Market Anticipated To Witness Robust Growth, Surpassing $19.1 Billion By 2029
Robotic Vacuum Cleaners Market
What Is the Projected Growth of the Robotic Vacuum Cleaners Market?
The market size for robotic vacuum cleaners has seen a swift expansion in the most recent years. There's a projected rise from $9.37 billion in 2024 to $11.14 billion in 2025, marking a compound annual growth rate (CAGR) of 18.8%. Factors contributing to the previously observed growth include shifts in lifestyle and time limitations, increased awareness and acceptance, the rising trend of urbanization and decreased living spaces, an aging demographic with physical constraints, and advancements in domestic technology.
We anticipate a swift expansion in the robotic vacuum cleaners market over the coming years, with its worth expected to reach $19.1 billion in 2029, reflecting a 14.4% compound annual growth rate (CAGR). This predicted surge in growth within the forecast period can be credited to factors like the integration with smart home technology, heightened cleaning efficacy, affordability, market accessibility, customization and personalization features, and environmentally friendly, energy-efficient designs. The period's predominant trends will encompass advanced mapping and navigation for multiple rooms, sophisticated sensing technologies, extended battery longevity, fast charging capabilities, customization and personalization options, along with sustainable, eco-conscious designs.
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What Are the Different Robotic Vacuum Cleaners Market Segments?
The robotic vacuum cleaners market covered in this report is segmented -
1) By Type: Robotic Floor Vacuum Cleaner , Robotic Pool Vacuum Cleaner
2) By Type Of Charging: Automatic Charging, Manual Charging
3) By End-Users: Residential, Commercial
Subsegments:
1) By Robotic Floor Vacuum Cleaner: Upright Robotic Vacuum Cleaners, Robotic Mopping Vacuum Cleaners, Hybrid Robotic Vacuum Cleaners
2) By Robotic Pool Vacuum Cleaner: Suction-Side Pool Cleaners, Pressure-Side Pool Cleaners, Robotic Pool Cleaners
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What Are the Primary Drivers Shaping the Robotic Vacuum Cleaners Market?
The growth of the robotic vacuum cleaners market is being driven by increased investments in the development of new technologies. These investments are focusing on innovation in both hardware and software technologies including sensors and decision-making abilities, that enable robotic vacuum cleaners to complete household tasks. This not only helps consumers save time, but also boosts appeal, encouraging customers to buy robotic vacuum cleaners for domestic duties. An example of this is when LionsBot International Pte Ltd, a smart robotics company based in Singapore, received a $7 million investment in January 2023 to develop cleaning robots for commercial use, financed by TransLink Capital - a US-based venture capital firm. The increasing investments and government support are collectively playing a significant role in the development and expansion of the robotic vacuum cleaners market.
Which Companies Are Leading in the Robotic Vacuum Cleaners Market?
Major companies operating in the robotic vacuum cleaners market include Samsung Electronics Co. Ltd., Metapo Inc., Robert Bosch GmbH, LG Electronics Inc., Panasonic Corporation, Haier Electronics Group Co. Ltd., Sharp Corporation, Koninklijke Philips N.V., AB Electrolux, Groupe SEB Deutschland GmbH, Dyson Ltd., Miele & Cie. KG, Vorwerk & Co. KG, SharkNinja Operating LLC, Karcher Cleaning Systems Pvt. Ltd., ECOVACS Robotics Co. Ltd., iRobot Corporation, Bissell Inc., Taurus Group BV, Yujin Robots Co. Ltd., Neato Robotics Inc., ILIFE Robotics Technology Co. Ltd., bObsweep Inc., Cecotec Innovaciones S.L., Mamibot Manufacturing USA Inc., Matsutek Enterprises Co. Ltd.
What Trends Are Expected to Dominate the Robotic Vacuum Cleaners Market in the Next 5 Years?
Corporations are introducing innovative items to boost their earnings and establish a competitive advantage over their adversaries. For example, Dreame Technology, a residential appliance firm based in China, debuted the Dreame X40 Ultra robotic vacuum cleaner in September 2024. The Dreame X40 incorporates OmniDirt detection that identifies and targets stains, coupled with MopExtend RoboSwing technology.
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What Are the Top Revenue-Generating Geographies in the Robotic Vacuum Cleaners Market?
Asia-Pacific was the largest region in the robotic vacuum cleaners market in 2024. Western Europe was the second-largest region in the global robotic vacuum cleaners market share. The regions covered in the robotic vacuum cleaners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Robotic Vacuum Cleaners Market?
2. What is the CAGR expected in the Robotic Vacuum Cleaners Market?
3. What Are the Key Innovations Transforming the Robotic Vacuum Cleaners Industry?
4. Which Region Is Leading the Robotic Vacuum Cleaners Market?
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