Press release
Robotic Pool Cleaner Market is Projected to Grow Expeditiously: to Reach USD 2.48 Billion by 2030, Report
Autonomous operation without any human intervention, low maintenance costs, and reliability of robotic pool cleaner drive the growth of the global robotic pool cleaner market. However, the outbreak of the COVID-19 pandemic led to have a negative impact on the growth of the global robotic pool cleaner market. Swimming activities were decreased in residential and commercial areas, owing to social distancing norms, which affected the market demand.According to the report published by Allied Market Research, the global robotic pool cleaner market generated $740.5 million in 2020, and is projected to reach $2.48 billion by 2030, witnessing a CAGR of 14.1% from 2022 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
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Autonomous operation without any human intervention, low maintenance costs, and reliability of robotic pool cleaner drive the growth of the global robotic pool cleaner market. Moreover, high expenditure on leisure activities including swimming and trips led to increase in the demand for robotic pool cleaners in residential and commercial applications. This is owing to its easy installation and minimal maintenance costs, which presents new opportunities in the upcoming years.
The report offers detailed segmentation of the global robotic pool cleaner market based on type, end user, distribution channel, and region.
Based on end user, the residential segment held the highest market share in 2021, holding more than one-third of the total market share, and is expected to continue its leadership status during the forecast period. However, the hotels segment is estimated to register the highest CAGR of 14.5% from 2022 to 2031.
Based on distribution channel, the specialty electronics stores segment held the largest market share in 2021, holding nearly one-third of the total market share, and is expected to continue its leadership status during the forecast period. However, the e-commerce segment is projected to register the highest CAGR of 14.8% from 2022 to 2031.
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Based on region, North America contributed to the highest share in terms of revenue in 2021, holding around two-fifths of the total market share, and is estimated to continue its dominant share by 2031. However, Asia-Pacific is projected to manifest the fastest CAGR of 14.7% during the forecast period.
KEY FINDINGS OF STUDY
The above-ground segment is expected to grow at a high CAGR of 14.5%, in terms of value, during the forecast period.
The hotels segment is expected to grow at a high CAGR of 14.5%, in terms of value, during the forecast period.
The e-commerce segment is anticipated to grow at a high CAGR of 14.8%, in terms of value during the forecast period.
Asia-Pacific is expected to grow at the highest CAGR of 14.7%, in terms of value during the forecast period.
The Europe robotic pool cleaner accounted for more than 30% of the global market in 2020.
The U.S. accounted for more than 61% of the North American market in 2020.
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Leading players of the global robotic pool cleaner market analyzed in the research include Aquatron Robotic Technology
Hangzhou Gaoyue Technology Co. Ltd
iRobot Corporation
KOKIDO
Mariner 3S AG
Maytronics
Milagrow HumanTech
Pentair
Polaris
Zodiac Pool Systems
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the robotic pool cleaner market analysis from 2020 to 2030 to identify the prevailing market opportunities.
The market research is offered along with information related to key drivers, restraints, and robotic pool cleaner market opportunity.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the robotic market segmentation assists to determine the prevailing market opportunity.
Major countries in each region are mapped according to their revenue contribution to the global robotic pool cleaner market size.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global robotic pool cleaner market trends, key players, market segments, application areas, and market growth strategies.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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