The latest Cleaning Robot market research report is a compilation of the latest growth trends and the emerging market segments. The report adeptly draws reader’s attention to the ever-changing patterns of the Cleaning Robot industry and its prominent facets, infrastructural properties, and highly dynamic environment. The report lists down some critically important parameters that help the market bolster its global foothold and contribute substantially to future revenue generation. Our team of experts has included specific details related to the Cleaning Robot industry, such as product offerings, sales and revenue estimates, leading regions, key market contenders, and technological upgradation in the report.
The global cleaning robot market size is expected to reach USD 36.05 Billion in 2028 and register a CAGR of 23.0%, according to the latest report by Reports and Data. Key factors such as increasing adoption of Internet of Things (IoT) and Home Area Networks (HAN) technologies, rising adoption of smart home devices, and improving standard of living of people are driving global market revenue growth.
A cleaning robot is an autonomous robot widely used to clean floors, lawns, windows, and pools combined with sensors and robotic drives that can be operated via smartphones. These cleaning robots are widely used in residential sector due to high cost of housekeeping services. These robots eliminate human efforts, added costs of offering overtime to the domestic help, provide better cleaning, and saves time. Cleaning robots are widely used in various industrial applications such as warehouses, manufacturing, automotive, and food and beverage sector. Factors such as increasing demand for personal and professional cleaning robots in commercial and residential buildings, increasing demand for floor cleaning robots in hospitals and healthcare services, airports, grocery stores, and rising investments to develop enhanced cleaning robots with additional features are supporting market revenue growth.
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The report by Emergen Research, titled ‘Global Cleaning Robot Market,’ studies a wide spectrum of factors impacting the performance of the Cleaning Robot market. The report includes a historical analysis of the market from 2017 to 2018 to provide the reader with a deep understanding of the current market scenario. Moreover, it offers accurate market estimations for the forecast period (2019-2028).
The report is the latest document encompassing the profound changes in the market dynamics and trends that followed the COVID-19 outbreak. The global health crisis has led to massive changes in the global economic scenario and, particularly, this business sphere. The pandemic has drastically affected the Cleaning Robot market with disruptions to supply chains and volatility in prices and demands. The remarkable impact of the pandemic on the Cleaning Robot industry and its crucial segments has been depicted in the report. However, the market is expected to regain momentum in the post-COVID scenario, as per market experts.
The research offers an in-depth survey about the performance of each key player in the Cleaning Robot market. It provides information about their current advancements and key market strategies. The Cleaning Robot report also aims to provide additional information about suppliers, buyers, and manufacturers. The study offers a comprehensive analysis of market share, consumption, growth rate, and product type, and application growth. It further offers comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. The company profiles of the established and new players have also been assessed in the Cleaning Robot report through effective analytical tools like SWOT analysis.
Top key Companies in Cleaning Robot Market are:
Ecovacs Robotics, iRobot Corporation, Samsung Electronics, LG Electronics Inc., Xiaomi Corporation, Roborock, Koninklijke Philips N.V., SharkNinja, Neato Robotics, Cecotec Innovaciones S.L., and Panasonic Corporation are key players operating in the cleaning robot market.
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The report further segments the Cleaning Robot market on the basis of product types and application spectrum offered in the market. The report also offers insights into the segment expected to show significant growth over the projected period. The study focuses on the growth rate of every segment and is explained through detailed graphs, figures, charts, and tables. These segments are analysed on the basis of present, emerging, and future trends. The regional segmentation provides current and forecast demand estimation for the Cleaning Robot industry in key regions.
For this study, Emergen has segmented the global cleaning robots market based on product, type, application, and region:
- Product Outlook (Revenue, USD Billion, 2018 – 2028)
- Lawn-cleaning Robot
- Window-cleaning Robot
- Floor-cleaning Robot
- Pool-cleaning Robot
- Type Outlook (Revenue, USD Billion, 2018 – 2028)
- Professional Cleaning Robot
- Personal Cleaning Robot
- Application Outlook (Revenue, USD Billion, 2018 – 2028)
Some key highlights in the report:
- Among the product type, the floor cleaning robot segment is expected to account for largest revenue growth between 2021 and 2028 owing to factors such as high cost of house help services at residencies and increasing adoption of floor cleaning robots at hospitals to get rid of hospital-acquired infections.
- Based on the type, the personal cleaning segment is expected to account for significant revenue growth over the forecast period. Factors such as increasing adoption of smart home devices and robotic vacuum cleaners, rising disposable income, and availability of efficient, lightweight, and compact cleaning robots performing basic tasks like sweeping and mopping are fueling segment revenue growth.
- Based on application, the industrial segment revenue is expected to expand at rapid CAGR over the forecast period. Rapid industrialization and increasing adoption of cleaning robots across various industrial sectors such as automotive, food and beverage, or manufacturing, along with warehouses are boosting demand for cleaning robots in the industrial sector.
- North America is expected to account for largest revenue share throughout the forecast period. High revenue growth is attributed to factors such as costly domestic help services, increasing demand for cleaning robots in retail stores, supermarkets, and malls along with rising investments for developing cleaning robots with advanced features.
- The cleaning robot market in Asia Pacific is expected to register a rapid revenue CAGR between 2021 and 2028. China and Japan are major contributing countries in APAC. Rapid growth in the eCommerce sector, presence of key players, increasing demand for smart home services, rising disposable income, and improvements in standard of living are some key factors boosting Asia Pacific market growth.
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The report gives a comprehensive analysis of the Cleaning Robot market at the global and regional level, and the forecast has been presented in terms of value and price for the period of 8 years from 2020-2027. The report covers an extensive study of the market drivers and restraints on the global scale and provides an impact analysis of those market drivers and restraints on the demand and supply ratio for the Cleaning Robot market throughout the forecast period.
The complete regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The Global Cleaning Robot Market is formulated through extensive primary and secondary research, which is further validated and verified by industry experts and professionals. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. Moreover, the report also offers a feasibility study and investment return analysis to assist the readers in making strategic investment plans.
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Key takeaways of the Global Cleaning Robot Market report:
- The report sheds light on the fundamental Cleaning Robot market drivers, restraints, opportunities, threats, and challenges.
- It elaborates on the new, promising arenas in the leading Cleaning Robot market regions.
- It examines the latest research & development projects and technological innovations taking place in the key regional segments.
- The research report reviews the regulatory framework for creating new opportunities in various regions of the Cleaning Robot market
- It focuses on the new revenue streams for the players in the emerging Cleaning Robot markets.
- Furthermore, the report offers vital details about the rising revenue shares and the sizes of the key product segments.
Overview of the TOC of the Report:
- Introduction, Scope, and Overview
- Opportunities, Risks, and Drivers
- Competition landscape analysis with sales, revenue, and price
- Extensive Profiling of the Cleaning Robot key competitors with the sales figures, revenue, and market share
- Regional analysis with sales, revenue, and market share for each region for the forecast period
- Country-wise analysis of the Cleaning Robot market by type, application, and manufacturers
- Cleaning Robot Market Segmentation based on types
- Cleaning Robot Market segmentation based on applications
- Historical and forecast estimation.
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