Enjoy complimentary customisation on priority with our Enterprise License!
The cleaning robot market share is expected to increase by USD 13.29 billion from 2021 to 2026, at a CAGR of 21.85%.
This cleaning robot market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers cleaning robot market segmentation by type (personal cleaning robot and professional cleaning robot) and geography (APAC, North America, Europe, MEA, and South America). The cleaning robot market report also offers information on several market vendors, including Beijing Roborock Technology Co. Ltd., Cecotec Innovaciones S.L., Ecovacs Robotics Inc., Irobot Corp., LG Electronics Inc., Neato Robotics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., SharkNinja Operating LLC, and Xiaomi Corp. among others.
Download the Free Report Sample to Unlock the Cleaning Robot Market Size for the Forecast Period and Other Important Statistics
The changing lifestyles and a tech-savvy population is notably driving the cleaning robot market growth, although factors such as the high cost of cleaning robots may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cleaning robot industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Cleaning Robot Market Driver
The changing lifestyles and a tech-savvy population are some of the key drivers supporting the cleaning robot market growth. Citizens are willing to purchase products that involve the use of advanced technologies in their operation and are helpful in facilitating work, especially time-consuming and repetitive chores like cleaning. Developed countries are demonstrating a high affinity for high-tech gadgets that are effective and can be controlled easily. Moreover, evolving lifestyles and busy schedules leave consumers hard-pressed for time for performing cleaning and mopping tasks. People prefer to utilize their time in social engagements or in productive activities rather than cleaning and mopping. This is further driving the adoption of cleaning robots. Therefore, the deployment of cleaning robots has proved useful in terms of saving human workers from dangers involved in industrial cleaning operations and thereby, driving the market growth.
Key Cleaning Robot Market Trend
Advances in sensors, software, and end-of-arm-tooling (EOAT) is another factor supporting the cleaning robot market growth. With the use of ultrasonic sensors, cleaning robots can sense the path and obstacles, thus allowing the robot to change the path or direction to avoid any accidents. Professional cleaning robots are used to clean all types of equipment made from different metals and construction materials. Meanwhile, end-of-arm-tooling is a technology that involves a combination of pneumatic grippers, vacuum gripping systems, sensors to detect force pressure, and suction cups. This technology provides benefits like soft grip on different products and materials, which will protect them from damage. Therefore, with the help of automation and end-of-arm tooling in cleaning robots, the cleaning robot industry can reduce the risk to human workers and, at the same time, increase the efficiency of work. Such factors will drive market growth during the forecast period.
Key Cleaning Robot Market Challenge
The high cost of cleaning robots is hindering the cleaning robot market growth. The cost of deploying professional cleaning robots is high, owing to the prices of electronic components used in the production of these robots. Also, due to the nature of work and the environment that these robots work in, they need to undergo frequent maintenance. These robots are incapable of self-maintenance, which is a challenge for the kind of operations that they perform. Cleaning robots work in spaces that are hard to reach and cannot be kept under constant observation. The technology to avoid the myriad risk is yet to be incorporated into these robots. Such yet-to-develop factors may hamper the market growth during the forecast period.
This cleaning robot market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the cleaning robot market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the cleaning robot market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the cleaning robot market encompasses successful business strategies deployed by the key vendors. The cleaning robot market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The cleaning robot market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the cleaning robot market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the industrial machinery market includes the following core components:
The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
For more insights on the market share of various regions Request for a FREE sample now!
45% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the cleaning robot market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The high awareness about robotic solutions and an increase in the aging population will facilitate the cleaning robot market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the outbreak of the COVID-19 pandemic led to restrictions on the movement of people, while the imposition of social distancing measures propelled the demand for cleaning robots from the residential sector, as workers like domestic servants were prohibited from working. However, the roll-out of COVID-19 vaccines in a majority of the countries in the region and the gradual lifting of restrictions from the beginning of 2021 will propel the demand for cleaning robots during the forecast period.
To gain further insights on the market contribution of various segments Request for a FREE sample
The cleaning robot market share growth by the personal cleaning robot segment will be significant during the forecast period. Households are the primary end-users of personal cleaning robots in the residential sector. This sector holds significant growth potential for it as vendors have penetrated only one-tenth of the total addressable market. This has led to the increased entry of many new players into the market, including those specializing in consumer electronics products. In addition, the growing trend of online retailing in the residential sector will boost product sales during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the cleaning robot market size and actionable market insights on post COVID-19 impact on each segment.
Professional Cleaning Robots market - The market size will exceed USD 65 million by 2021.
Cleaning Robot Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 21.85% |
Market growth 2022-2026 |
$ 13.29 billion |
Market structure |
Fragmented |
YoY growth (%) |
24.12 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 45% |
Key consumer countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Beijing Roborock Technology Co. Ltd., Cecotec Innovaciones S.L., Ecovacs Robotics Inc., Irobot Corp., LG Electronics Inc., Neato Robotics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., SharkNinja Operating LLC, and Xiaomi Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.