Residential Robotic Vacuum Cleaner Market in South Korea 2015-2019

Market outlook of residential robotic vacuum cleaner market in South Korea

Robotic vacuum cleaners are equipped with laser or infrared sensors that provide better cleaning and saves time. The residential robotic vacuum cleaner comes equipped with cleaning equipment, smart navigation, laser vision, and room memory. Technavio’s market research analyst estimates the residential robotic vacuum cleaner market to witness a steady growth at a growth rate of around 33% during the forecast period. 

The reduction in the amount of time consumed carrying out household cleaning activities in South Korea is the key driver for the growth of this market. Also, the increased functional flexibility provided by these robotic vacuum cleaners such as sensor based movement, scheduled cleaning and automatic movement to charger docking station have also contributed to the growth of the market in South Korea.

Segmentation by type of the residential robotic vacuum cleaner market 

• Pool cleaning
• Home cleaning
• Gutter cleaning

The market research report predicts that by 2019, nearly 611,847 units of robotic vacuum cleaner units would populate the market. The growth of the market is primarily due to the high disposable income of families in South Korea. LG is the market leader in this region and offers high-tech products such as the RoboKing Dual robots, which are equipped with cameras, Wi-Fi networked and can be controlled through any online interface such as a smartphone or tablet.

Competitive landscape and key vendors

The robotics market is highly competitive with a large number of international and local vendors. While the international vendors provide better design and highly functional products, the local vendors offer cost-effective options.

The top four vendors in the market are –

• LG 
• Samsung
• iRobot
• Yujin Robot

Other vendors in the market include ECOVACS, Electrolux, Hanool Robotics, Mamirobot, Maytronics, Moneual, and Neato Robotics.    

Key trends of the residential robotic vacuum cleaner market in South Korea

In the recent years, vendors have started introducing robotic vacuum cleaners controlled by smartphones. For instance, Sharp introduced the Cocorobo robotic vacuum cleaner, which gives out an audio response to command and the controller application can be installed on various smartphone platforms. This application can be used to control the cleaner and view images from the robotic vacuum cleaner taken with an integrated camera. The residential robotic vacuum cleaner market in South Korea is predicted to witness increased innovation during the forecast period.

This report provides some of the trends of the robotic vacuum cleaner market. It also offers an analysis of each trend and an estimation of the extent to which these trends are likely to impact the overall market growth. 

Key questions answered in the report include

• What will the market size and the growth rate be in 2019?
• What are the key factors driving the residential robotic vacuum cleaner market in South Korea? 
• What are the key market trends impacting the growth of the residential robotic vacuum cleaner market? 
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the residential robotic vacuum cleaner market in South Korea?
• What are the key outcomes of the five forces analysis of the residential robotic vacuum cleaner market? 

Related reports

• Residential Robotic Vacuum Cleaner Market in the US 2015-2019
• Global Cartesian Robots Market 2015-2019
• Global Robotic Surgery Market 2015-2019
• Industrial Robotics Market in North America 2015-2019
• Global Underwater Robotics Market 2015-2019