According to a new market research report published by Acute Market Reports, “Robotic Vacuum Cleaners Market (By End-use (Residential, Commercial, and Industrial), By Product Type (Robotic Floor Vacuum Cleaners and Robotic Pool Vacuum Cleaners), By Sales Channel (Direct Retail and Internet Retail), and By Geography (North America, Europe, Asia Pacific, and Rest of the World)) - Growth, Future Prospects, and Competitive Landscape, 2020 -2028”, the global robotic vacuum cleaners market is expected to expand at a CAGR of 9.1% during the forecast from 2020 to 2028.

Market Insights

Robotic vacuum cleaners are automated cleaning equipment that allows users to clean facilities autonomously without human control. A few years back, robots were looked upon as a futuristic luxury, but today, they make up around 20% of the worldwide vacuum cleaners market. Robotic vacuum cleaners enable comparatively quick and easy cleaning of large spaces than manual cleaning. In addition, since robotic vacuum cleaners do not require manual intervention for operations, they significantly reduce costs (human resources) and time required for the cleaning process, thereby improving the overall efficiency of homeowners and business organizations. Robotic vacuum cleaners are gaining prominence not only among homeowners but also in commercial and industrial facilities. With the introduction of cleanliness standards, industrial facilities and business organizations are spending substantially on cleaning equipment and accessories. Changing socioeconomic factors like increased female employment leading to an increased number of dual-income households is one of the major trends driving sales of robotic vacuum cleaners across the globe. In addition, greater emphasis on quality of indoor air and growing awareness regarding the advantages offered by this equipment over manual cleaning bodes well for the growth of the robotic vacuum cleaners market.

Competitive Insights:

The global robotic vacuum cleaners market is fragmented and highly competitive. The market is characterized by the presence of both international and domestic players. Some of the leading manufacturers profiled in the study include iRobot Corporation, Dyson Ltd., ILIFE Robotics Technology, Neato Robotics, Samsung Electronics Co. Ltd., Ecovacs Robotics, Yujin Robots Co., Ltd., Maytronics Ltd., LG Electronics Inc., Metapo, Inc, Koninklijke Philips N.V., Panasonic Corporation, Miele & Cie. KG, Hayward Industries Inc., and Sharp Corporation among others. The proliferation of Internet retailing has helped reducing the purchase cost of robotic vacuum cleaners, further intensifying competition among manufacturers. In 2019, sales of robotic vacuum cleaners were greater through direct retail than the Internet. However, it is anticipated that their sale would probably improve online with the proliferating Internet penetration and growing e-commerce industry. With the growing popularity of robot vacuum cleaners, manufacturers are striving to develop advanced products with improved connectivity through the integration of the cloud, AI, and IoT. For instance, manufacturers have recently developed a state-of-the-art robotic vacuum cleaner integrated with cameras and intercom systems, thereby serving the dual purpose of cleaning and security. Thus, with advancements in technology and the consequent introduction of advanced variants, demand for robotic vacuum cleaners will surge further during the forecast period.

Browse the full Robotic Vacuum Cleaners Market report at https://www.acutemarketreports.com/report/robotic-vacuum-cleaners-market

The Global Robotic Vacuum Cleaners Market is Segmented into:

*Complete segmentation list is on a report page