The global robotic vacuum cleaners market is expected to reach a market valuation of US$ 4611.1 million by the year 2023, accelerating with a moderate CAGR of 12.3% from 2023 to 2033. The robotic vacuum cleaners market size is anticipated to be valued at about US$ 14774.0 million by 2033 end.
The rise in demand for robotic vacuum cleaners is expected to be fuelled in part by the increasing prevalence of industrial robots. The growth of the robotic vacuum cleaners market may be attributed, in part, to the rising demand from a wide range of application sectors, including manufacturing, automotive, healthcare, and others. The advantages of these cleaners over standard vacuums, like reduced labor costs, are likely to expand the robotic vacuum cleaners’ market share.
One of the main elements boosting demand for robotic vacuum cleaners is less time spent on housework. The global robotic vacuum cleaners market is expanding due to several aspects. These include people’s increasing purchasing power, expanding labor force, and rising disposable income.
Since robotic vacuum cleaners can clean without human assistance, they are more appealing to consumers. As soon as the battery is low, the robot may find its way to a charging station and begin operating again from where it left off before. Consumers have the option of limiting the robot’s access to certain locations, such as a child’s bedroom, by creating virtual borders.
Increased Product Demand Driven by Widespread Adoption of Automated Home Goods
Consumers in all market segments are putting a premium on automated items because of the time and effort they save. Market expansion is anticipated as consumers increasingly adopt automated cleaners, which have a positive effect on the adoption of smart home technologies.
Yet now, owing to advances in electronics and their seamless integration with older systems, both conventional construction methods and the intelligent home is within reach and increasingly appealing. Robotic vacuum cleaners market growth is anticipated owing to the incorporation of air filters into automated devices for allergy-suffering consumers.
Customers are diverting their attention to robotic cleaners to reduce exposure to allergens from dust or pets, raising demand for robotic vacuum cleaners. Increased female labor force participation is one of the primary socioeconomic factors forecasted to fuel the expansion of the global robotic vacuum cleaner market.
Proliferation of Internet-connected and Voice-controlled Robotic Vacuums is fuelling the Industry
The evolution of robotic vacuum cleaners and the incorporation of cutting-edge technology like Wi-Fi connectivity, artificial intelligence features, and voice assistance are expected to drive demand for robotic vacuum cleaners over the projected period. To keep up with the ever-evolving needs of their customers, many businesses are concentrating on developing and releasing innovative new items.
The newest models of robotic vacuums can communicate with Google Assistant or Amazon’s Alexa to understand and carry outspoken commands. Smart home and Internet of Things (IoT) gadgets’ ability to communicate with one another may open new markets for robotic vacuum cleaner makers.
As a result, customers can optimize their cleaning experience by controlling and adjusting the product’s functions. As an illustration, in September 2020, Neato Robotics introduced the Neato D10, D9, and D8.
Market Growth Impeded by Expensive Maintenance
Vacuum tools include high-tech automated systems that include several sensors and transmitters. Aggressive use of these machines shortens the lifespan of the equipment, which in turn increases the cost of maintenance.
These vacuum machines have a significant maintenance cost due to technological integration. This could confuse buyers and encourage them to stick with older models of vacuum cleaners, slowing the robotic vacuum cleaners market expansion.
Country-wise Analysis of the Robotic Vacuum Cleaners Market
Country Details
China:
There are many local robotic vacuum machine producers because China is well-recognized as the world’s largest manufacturing hub. These firms are also renowned for providing cutting-edge goods at competitive prices and exceptional output rates. When yellow sand from the Gobi Desert makes its way to China, North Korea, and South Korea, it contributes to domestic and industrial pollution. Because of this, the Asia-Pacific robotic vacuum cleaners market is where most of these automated gadgets are produced and sold.
North America:
By 2021’s end, the North American robotic vacuum cleaners market is projected to hold a 21.8% value share of the global robotic vacuum cleaner market. While more than 91.5% of North American sales are anticipated to come from the United States.
Indoor air quality refers to the state of the air inside a structure such as a house, school, or office building, and it is becoming increasingly vital to consider the effects that this may have on the health of the general population.
The EPA estimates that Americans spend around 90% of their time indoors, where pollution levels can be up to 5 times higher than outside. These challenges are likely to raise the market for robotic vacuum cleaners in the country.
India:
Over 37% of the South Asian robotic vacuum cleaners market was accounted for by India in 2021. The kind and operational characteristics of indoor pollution sources, ventilation settings, and human activities are only a few of the many factors that affect the quality of air inside a building.
There are still over three billion individuals, mostly women, who use dirty solid fuels for cooking and heating their homes, as reported by the World Health Organization (WHO). This bodes well for the future of robotic cleaning equipment, which is expected to increase in popularity across the country.
The increasing popularity of smart homes is one of the key factors fueling the robotic vacuum cleaners market. Considering this consideration, in September 2019, iRobot improved the Amazon Alexa & IFTTT capability in Wi-Fi-equipped Roomba robots in India and other developing countries. Customers can use their voices to initiate actions such as starting, pausing, and stopping.
It is anticipated that a rise in technology integration would also contribute to the expansion of the market. However, the market faces serious difficulties because of the expensive items. As a result, it slows down the rate at which the general public adopts the product. One key factor holding the robotic vacuum cleaners market back is the prevalence of fake goods available for purchase.
Competitive Landscape for the Robotic Vacuum Cleaners Market
The robotic vacuum cleaners marketplace is extremely cutthroat. To satisfy customer demand, businesses are investing in new technology and increasing the breadth of their product offerings, such as robotic cleaning equipment. To compete with cheaper Asian labor and maintain a solid supply chain in the world’s most rapidly developing area, several major corporations in the robotic vacuum cleaners market are moving their production plants to Asia.
With the help of Jabil, Inc., a partner in China’s production and supply chain since 2010, iRobot Corp., for instance, established a new manufacturing facility in Malaysia in November 2019.
The firm in Malaysia is currently manufacturing the Roomba 600 Series, and manufacturing is expected to be ramped up in the first quarter of 2020. According to projections, the robotic vacuum cleaners market competitiveness will rise as a result of the forces in the future.
Recent Developments:
· Samsung Electronics provides a variety of robotic Hoover cleaners with characteristics like cognitive mapping, obstacle recognition, and strong cleaning performance, allowing for more ease and efficiency in house cleaning.
· Ecovacs Robotics is well-known for its broad portfolio of robotic Hoover cleaners, such as the Deebot series, which offers sophisticated features such as multi-floor mapping, voice control, and connectivity with smart home devices for improved cleaning ease.
New Artificial Intelligence-enabled Robotic Vacuum from Samsung Disrupts Industry
The Jet Bot AI+ is Samsung’s new autonomous vacuum cleaner. It’s the first robot vacuum to use an active stereo-type 3D sensor that scans a large area1 with pinpoint precision, allowing it to avoid small, difficult-to-detect things on the floor. It has a 3D depth camera that is the technological equivalent of 256,000 distance sensors and can accurately detect obstructions as little as 2 centimeters in size. The robot vacuum’s obstacle avoidance system keeps it from getting snagged on dirt and other tiny items.
The Jet AI Object Recognition technology in the robot vacuum is powered by an Intel AI solution. This ingenious fix supposedly improves the robot’s navigation by helping it identify not just the floor but also fixed items like refrigerators and couches. Thanks to the robot’s intuitive reasoning, owners may direct it to clean closely near toys for kids while keeping a safe distance from breakables like China vases.
By repeatedly scanning room5, Jet Bot AI+ can determine its specific location and adjust its cleaning path based on this data. This technology excels in low-light environments, such as rooms or underneath furniture, allowing the unit to cover more ground6 while leaving fewer blind spots.
The main features of the robotic vacuum cleaner include:
Through the SmartThings app on their mobile devices, users may remotely manage and keep tabs on their Jet Bot AI+. The robot vacuum’s Select & Go feature allows you to set it to clean a particular area or a whole house at a predetermined time. You may also use the app to set up virtual No-Go Zones where the unit isn’t allowed to go, eliminating the need for actual barriers.
The smart robot is also equipped with Bixby voice recognition, 12 so users can issue voice commands to set cleaning appointments, switch settings, or inquire about current events like the weather.
Also, with the Live Cleaning Report, homeowners can see exactly where their Jet Bot AI+ is cleaning at any given moment on a 3D representation of their home. Users can inspect its cleaning history and halt or restart it at any time. After it’s done cleaning, customers can see where it’s been, how long it took, and what route it traveled in its cleaning log.
In addition, the Jet Bot AI+’s front-facing camera may be used for remote home monitoring via the SmartThings app’s Patrol Mode. Using the Patrol Mode, users can check in on the condition of the rooms they specify even when they’re not physically present. End-to-end encryption is supported by the smart device, making recorded video private and accessible only to those with the proper credentials.
These insights are based on a report on Robotic Vacuum Cleaners Marketby Future Market Insights.
