The global cleaning robot market size is projected to touch USD 6.2 billion by the end of 2025, as per the report released by Million Insights. It is estimated to grow with a CAGR of 14.6% over the estimated duration. The increasing application of the latest technologies such as Virtual Reality (VR), Machine Learning (ML), and Artificial Intelligence (AI) is predicted to fuel the market growth over the forecast period. Further, the rising mopping costs in developing nations are accelerating the preference for robotics vacuums.
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Market Synopsis of Cleaning Robot Market:
Vacuum robots are widely accepted
from the past many years as customers are constantly demanding for smart
equipment over conventional services. Continuous advancement in hardware and
software technology has allowed the industry to launch improved robotic
applications for various household works. Pricing is another factor that drives
the demand for these products as many variants are available at cost-effective
rates. Further, the limited manpower for residential mopping is accelerating
the demand for these vacuums.
Continuous innovations in technology
such as VR features, voice command, and Bluetooth tethering are propelling the
cleaning robot market growth from 2019 to 2025. For example, Rx-V100 was
embedded with the voice command feature. Bosch Roxxter is another example of AI
driven robotic vacuum that makes use of AI for its operation. Moreover, the
producers are focusing on building alliances with virtual assistant developers
for improving the overall vacuum performance. For example, ECOVACS has
developed a collaboration with Amazon.com via which ECOVACS will enable it
ECOVACS DEEBOT N79S attuned with Amazon Alexa
Europe is anticipated to foresee
considerable growth from 2019 to 2025 owing to the shifting preference for
robotics vacuums in several industries such as retail, logistics, healthcare,
and automotive. The increasing acceptance of Robot as a Service (RaaS) through
which manufacturers such as Avidbots provide rental services for mopping
applications which are predicted to fuel the product demand over the projected
period.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Cleaning Robot: Market
Variables, Trends & Scope
Chapter 4 Cleaning Robot: Product
Estimates & Trend Analysis
Chapter 5 Cleaning Robot:
Application Estimates & Trend Analysis
Chapter 6 Cleaning Robot: End-use
Estimates & Trend Analysis
Chapter 7 Cleaning Robot:
Industrial End-use Estimates & Trend Analysis
Chapter 8 Cleaning Robot:
Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Cleaning Robot:
Manufacturers Company Profiles
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