Robotic Vacuum Cleaner Market Expected to Rise at 18.1% CAGR during 2022-2027
According to the latest report by IMARC Group, titled “Robotic Vacuum Cleaner Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights onRobotic Vacuum Cleaner market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global robotic vacuum cleaner market reached a value of US$ 5.55 Billion in 2021. Looking forward, IMARC Group expects themarket to reach US$ 15.14 Billion by 2027, exhibiting at a CAGR of 18.1% during 2022-2027.
A robotic vacuum cleaner refers to a robot that performs the functioning of a regular vacuum cleaner with minimal to zero human intervention. Due to its small size, a robotic vacuum cleaner is highly preferred nowadays to clean spaces under the beds, tables, and cabinets. It produces less noise than non-robotic cleaners and is well-equipped with sensors that help prevent collisions with walls or other objects.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
The increasing adoption of smart appliances for performing household chores is augmenting the market growth. Newly developed robotic vacuums are compatible with Alexa and Google voice assistants and offer connectivity with other gadgets via smart home technology or IoT devices. Additionally, changing socioeconomic factors like the increasing working population, growing income levels, and a significant rise in electrification rates have positively impacted the product demand. Moreover, the rising industrial applications of robotic vacuum cleaners are anticipated to provide lucrative opportunities for market growth during the forecast period.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
Robotic Vacuum Cleaner Market Segmentation:
Our report has categorized the market based on region, type, type of charging, distribution channel, application and end-user.
Market Breakup by Type:
Market Breakup by Type of Charging:
Market Breakup by Distribution Channel:
Market Breakup by Application:
Market Breakup by End-User:
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Key highlights of the report:
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