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Growing Investments In Robotic Vacuum Cleaner Technology Boost Market Expansion: Pivotal Factor Influencing Robotic Vacuum Cleaners Market Growth in 2025
Robotic Vacuum Cleaners
What Will the Robotic Vacuum Cleaners Industry Market Size Be by 2025?
In the past few years, there has been a swift expansion in the market size of robotic vacuum cleaners. The market, which is valued at $9.37 billion in 2024, is anticipated to increase in size to the tune of $11.14 billion in 2025, with a compound annual growth rate (CAGR) of 18.8%. Factors have led to this growth in the historical period include shifts in lifestyle and limited time, increased awareness and acceptance, urbanization coupled with reduced living spaces, a growing aging population with physical constraints, and breakthroughs in household technology.
What's the Long-Term Growth Forecast for the Robotic Vacuum Cleaners Market Size Through 2029?
In the upcoming years, a swift expansion is anticipated in the market size for robotic vacuum cleaners. By 2029, it is expected to escalate to $19.1 billion with a compound annual growth rate (CAGR) of 14.4%. The predicted development during the forecasted interval can be linked to factors such as integration with smart homes, superior cleaning capacity, cost-effectiveness, easy access to the market, personalization, and environmentally friendly solutions. Important trends during the forecasted span comprise of features like multi-room mapping and navigation, sophisticated sensing technologies, improved battery life and quick charging, customization and personalization options, and designs that are both sustainable and eco-friendly.
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What Are the Key Growth Drivers Fueling the Robotic Vacuum Cleaners Market Expansion?
The growth of the robotic vacuum cleaner market is being spurred by increased investment in new technologies. This increased funding for innovation in both hardware and software technologies, such as sensors and decision-making capabilities, not only facilitates household chores done by robotic vacuum cleaners but also saves consumers time, making these appliances a popular choice for household tasks. As an example, LionsBot International Pte Ltd., a smart robotics company based in Singapore, received a $7 million investment from TransLink Capital, a US-based venture capital firm, in January 2023 to develop cleaning robots for commercial use. This financial backing, coupled with support from the government, factors in the expansion of the robotic vacuum cleaner market.
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What Are the Key Trends Driving Robotic Vacuum Cleaners Market Growth?
Businesses are introducing innovative products to boost their income and secure a strategic advantage against their competitors. For example, in September 2024, Dreame Technology, a Chinese firm specialising in household appliances, unveiled the Dreame X40 Ultra robotic vacuum cleaner. The Dreame X40 is equipped with OmniDirt detection, a feature that spots and focuses on stains, also utilising MopExtend RoboSwing technology.
How Is the Robotic Vacuum Cleaners Market Segmented?
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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Which Companies Are Leading the Charge in Robotic Vacuum Cleaners Market Innovation?
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.
Which Regions Are Leading the Global Robotic Vacuum Cleaners Market in Revenue?
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.
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