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Robotic Vacuum Cleaner Market Trends

Report ID: GMI5878
Published Date: Apr 2024
Report Format: PDF

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Robotic Vacuum Cleaner Market Trends

Robotic vacuum cleaners are gaining popularity in both the residential and commercial sectors on account of their efficiency and cost-effectiveness in cleaning various surfaces such as lawns, windows, pools, and floors. These products operate autonomously, minimizing the need for human intervention and offering faster cleaning at lower costs. These factors are forecast to fuel market growth in the coming years.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of robotic vacuum cleaner reached USD 4.5 billion in 2023 and is set to witness 6.5% CAGR from 2024 to 2032, owing to the increasing adoption of advanced technology due to the associated time and energy benefits worldwide.

The pool vacuum cleaners segment recorded 56% share in 2023, due to their brushing system which helps to eliminate particles.

North America market held over 42% share in 2023, attributed to increasing purchase power and the strong presence of significant players in the region.

iRobot Corporation (Amazon Inc.), LG Electronics Inc., Neato Robotics, Inc. (Vorwerk), Panasonic Corporation, Roborock Technology Co. Ltd, Samsung Electronics Co., Ltd., SharkNinja Operating LLC, and Xiaomi Corporation, are some of the major robotic vacuum cleaner companies worldwide.