Market Analysis:
The global cleaning robot market forecast will be $8.99 billion by 2026, increasing from $2.5 billion in 2018 at a healthy CAGR of 18.20%. North America market share is growing at a CAGR of 9.21% by generating revenue of $4.52 billion by 2026. Asia-Pacific regional growth is expecting $2.95 billion by 2026.
Cleaning robot is an approach to make cleaning a time efficient and simple task and offer convenience to humans. Cleaning robots assists to identify the position of the area to be cleaned, assess the path to reach the identified position and cleans the area with the help of vacuum cleaner attached.
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Market Drivers:
Adoption of Smart homes are driving the market growth
As the smart home market is majorly booming in several regions, it is surly influencing on the growth of the cleaning robots market. As smart homes consist of implementation of IoT devices such as sensors, cleaning robots and so on, the major growth in the smart homes is set to fuel the market. Adding to this, the rising adoption of automation in households is also likely to increase the market growth rate.
Market Restraints:
Compared to regular vacuum cleaners, cleaning robots are ascertained to be of a higher cost. This can act as a constraint for the market. Moreover, the requirement for consist upgrades to match the customers’ needs will also confine the market.
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The Global Cleaning Robot Market has been segmented as below:
By Type
Personal Cleaning Robot
Professional Cleaning Robot
By Product
Floor-Cleaning Robot
Lawn-Cleaning Robot
Pool-Cleaning Robot
Window-Cleaning Robot
Others
By Operating Environment
Indoor
Outdoor
By Product Type
App Based
Autonomous
Digital Assistant
By Application
Residential
Commercial
Industrial
Healthcare
Others
By Region
North America
Europe
Asia Pacific
South America
Middle East & Africa
By Company
iRobot
Neato Robotics
LG Electronics
Samsung Electronics
Ecovacs Robotics
Dyson
Intellibot Robotics
Alfred Kärcher
ILIFE
AMANO Corporation