Asia-Pacific Robotic Vacuum Cleaner Market Set to Reach Valuation of USD 10,654.18 million by 2029, registering a CAGR of 20.00%, Size, Share, Demand, Future Growth, Challenges and Competitive Analysis

PRESS RELEASE
Published September 29, 2023

“An influential  Asia-Pacific Robotic Vacuum Cleaner Market  report contains the most recent market information, allowing companies to conduct in-depth analysis of the Asia-Pacific Robotic Vacuum Cleaner Market industry and future trends. It also helps gauge brand awareness and insights among potential customers, uncovering uncertainties that may arise due to changes in business activities or the introduction of new products to the market. This market analysis report is a detailed study of the Asia-Pacific Robotic Vacuum Cleaner Market industry, explaining market definitions, classifications, applications, engagements, and global industry trends. The Asia-Pacific Robotic Vacuum Cleaner Market research report serves as a significant component of business strategy.

Furthermore, for businesses, understanding consumer demands, preferences, attitudes, and changing tastes regarding specific products is crucial. This valuable information can be gleaned from the credible Asia-Pacific Robotic Vacuum Cleaner Market report. The report also sheds light on the various inhibitors and motivators of the product market in both quantitative and qualitative approaches, providing accurate information. The Asia-Pacific Robotic Vacuum Cleaner Market report also presents an analysis of prime manufacturers, trends, opportunities, marketing strategies, market impact factors, and consumer needs across major regions, types, and applications globally, while considering the past, present, and future state of the Asia-Pacific Robotic Vacuum Cleaner Market industry.

Asia-Pacific Robotic vacuum cleaner Market was valued at USD 2,477.82 million in 2021 and is expected to reach USD 10,654.18 million by 2029, registering a CAGR of 20.00% during the forecast period of 2022-2029.

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Asia-Pacific Robotic Vacuum Cleaner Market

Market Analysis and Size

There has been huge growth in the availability of the 5G network and the widening reach of internet facilities. These determinants further boost the adoption of robotic vacuum cleaners, thus help in expansion of market. Additionally, the self-driving vacuum cleaner has also largely gained popularity and the evolution in household work culture has enabled growth for the robotic vacuum cleaner market within this region. Therefore, the market is estimated to flourish rapidly over the forecasted period due to such factors.

The remote control segment is estimated to show the highest CAGR owing to the increasing demand for controlling cleaners using handheld remote or mobile phones during the cleaning process. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.

Market Definition

Robotic vacuum cleaner is an autonomous robot with an intelligent software program. With little to no human interaction, it performs the functions of a typical vacuum cleaner. Due to their small size, these cleaners can easily access and clean locations under beds, cabinets, and tables. They make less noise than non-robotic equivalents and have sensors that prevent them from colliding with other objects or falling down the stairs.

Report Scope and Market Segmentation

REPORT METRIC DETAILS
Forecast Period 2022 to 2029
Base Year 2021
Historic Years 2020 (Customizable to 2019 – 2014)
Quantitative Units Revenue in USD Million, Volumes in Units, Pricing in USD
Segments Covered By Type (Floor Vacuum Cleaner, Window Vacuum Cleaner, Pool Vacuum Cleaner, Others), Category (Cleaning Robots, Mopping Robots, Hybrid Robots), Operation Mode (Self-Drive, Remote Control), Charging Type (Manual Charging, Automatic Charging), Distribution Channel (Electronic Stores, E-Commerce, Retail Stores, Supermarket/Hypermarkets, Others), End User (Residential, Commercial, Institutional, Industrial)
Countries Covered U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
Market Players Covered ECOVACS (China), Dyson (United Kingdom), LG Electronics (South Korea), iRobot Corporation (U.S), Proscenic (China), Samsung (South Korea), Neato Robotics, Inc., (California), Matsutek Co. Ltd. (Taiwan), Robert Bosch GmbH (Germany), Koninklijke Philips N.V. (Netherlands), Panasonic Corporation (Japan), Hayward Industries, Inc, (U.S.),  BLACK+DECKER (U.S.),  SharkNinja Operating LLC (U.S.), bObsweep (Canada), Maytronics (Israel), Taurus Group (Spain), Miele & Cie. KG (Germany) and AB Electrolux (Sweden)
Market Opportunities
  • Increased research and development investments
  • Heightened digitalization with increased adoption of internet of things (IoT) solutions
  • Integration of advanced technologies

Robotic Vacuum Cleaner Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Increased Requirement for Robotic Vacuum Cleaner

The robotic vacuum cleaner are becoming increasingly popular in the commercial and household sectors for cleaning windows, pools, lawns, and floors because they do the jobs in less time and at a lower cost without requiring physical effort. The lesser time taken for the household activities by these robots further create outstanding demand for the robotic vacuum cleaner services. Consequently, the increased product demand will further result in the market growth.

The rise in the working population, growing number of smart homes, and growing purchasing power will further propel the growth rate of the robotic vacuum cleaner market. Additionally, the rise in the potential in newer industrial functions and consumers’ preference for smart and innovative electrical appliances will also drive market value growth over forecast period. Furthermore, the busy schedules and reduced time for household chores, increasing number of working women, growing inclination towards cleanliness and hygiene, and the escalating income levels in households also boost the overall market’s growth.

Opportunities

  • Advancements, Digitalization and Investments

Furthermore, the integration of advanced technologies such as the voice recognition and laser-based technologies to map the floor structure further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the heightened digitalization with increased adoption of internet of things (IoT) solutions along with increased research and development investments will further expand the future growth of the robotic vacuum cleaner market.

Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/reports/asia-pacific-robotic-vacuum-cleaner-market?SR

The robotic vacuum cleaner market is segmented on the basis of type, category, operation mode, charging type, distribution channel and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Floor Vacuum Cleaner
  • Window Vacuum Cleaner
  • Pool Vacuum Cleaner
  • Others

On the basis of type, the robotic vacuum cleaner market has been segmented into floor vacuum cleaner, window vacuum cleaner, pool vacuum cleaner and others.

Category

  • Cleaning Robots
  • Mopping Robots
  • Hybrid Robots

The robotic vacuum cleaner market has also been segmented on the basis of category into cleaning robots, mopping robots and hybrid robots.

Operation Mode

  • Self-Drive
  • Remote Control

On the basis of operation mode, the robotic vacuum cleaner market is segmented into self-drive and remote control.  The remote control segment is estimated to show highest CAGR owing to the increasing demand for controlling cleaners using handheld remote or mobile phones during the cleaning process.

Charging Type

  • Manual Charging
  • Automatic Charging

On the basis of charging type, the robotic vacuum cleaner market is segmented into manual charging and automatic charging.

Distribution Channel

  • Electronic Stores
  • E-Commerce
  • Retail Stores
  • Supermarket/Hypermarkets
  • Others

On the basis of distribution channel, the robotic vacuum cleaner market is segmented into electronic stores, e-commerce, retail stores, supermarket/hypermarkets and others.

End User

  • Residential
  • Commercial
  • Institutional
  • Industrial

On the basis of end user, the robotic vacuum cleaner market is segmented into residential, commercial, institutional and industrial.

The report can answer the following questions:

  • Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Asia-Pacific Robotic Vacuum Cleaner Market
  • Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Asia-Pacific Robotic Vacuum Cleaner Market
  • Different types and applications of Asia-Pacific Robotic Vacuum Cleaner Market share of each type and application by revenue.
  • Global of  Asia-Pacific Robotic Vacuum Cleaner Market  size (sales, revenue) forecast by regions and countries from 2022 to 2028 of Asia-Pacific Robotic Vacuum Cleaner Market
  • Upstream raw materials and manufacturing equipment, industry chain analysis of Asia-Pacific Robotic Vacuum Cleaner Market
  • SWOT analysis of Asia-Pacific Robotic Vacuum Cleaner Market
  • New Project Investment Feasibility Analysis of Asia-Pacific Robotic Vacuum Cleaner Market

Key Questions Answered in This Report: –

  • How has this Asia-Pacific Robotic Vacuum Cleaner Market performed so far and how will it perform in the coming years?
  • Which are the key product types available in this Asia-Pacific Robotic Vacuum Cleaner Market?
  • Which are the major application areas in the Asia-Pacific Robotic Vacuum Cleaner Market?
  • What are the key distribution channels in the global Asia-Pacific Robotic Vacuum Cleaner Market?
  • What are the key regions in this Asia-Pacific Robotic Vacuum Cleaner Market?
  • What are the price trends?
  • What are the various stages in the value chain of this industry?
  • What are the key driving factors and challenges in the market?

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