Robohub.org
 

Residential robotic vacuum cleaner market poised for stellar growth


by
28 May 2015



share this:
Image: Tnarik Innael/flickr

Image: Tnarik Innael/flickr

Although robotic vacuum cleaners have been on the market for over a decade now, it is only recently that they have started to become pervasive. Innovations in technology have allowed manufacturers to add more cleaning power and convenience features, and this has been a key factor in developing highly efficient and fully automated robotic vacuum cleaners.

Robotic vacuum cleaners, colloquially known as robovacs, are primarily used in residential spaces to clean pools, gutters and floors. Robovacs usually consist of a mobile base, programming software, cleaning system, batteries, and other accessories. Robovacs are autonomous and use intelligent sensors to clean even hard-to-reach surfaces. Robotic vacuum cleaners are also equipped with laser vision, room mapping, and self-empty — features designed to offer convenience and ease of use to the users.

Robovacs still form a miniscule percentage of the global vacuum cleaner market, but their acceptance is growing at a steady pace. Today’s busy lifestyles leave little or no time for home cleaning and other chores. This, coupled with the fact that most modern robotic vacuum cleaners offer fully automatic functionalities, are the prime reasons that have led to the demand for robovacs around the world, especially in developed countries.

Most advanced robovacs are priced around US$500 and above, and the high price has been a challenge for their adoption on a massive scale. However, manufacturers are optimistic that the advanced features of robovacs will compensate for the high price and consumers will eventually see the benefits of robotic vacuum cleaners.

Global Residential Robotic Vacuum Cleaner Market: Analysis & Region-wise Outlook

robotic-vacuum-cleaner

The global residential robotic vacuum cleaner market is anticipated to witness a compound annual growth rate (CAGR) of over 15%. The growth will be supported by the factors that we discussed above — time constraints for doing household chores, ease of using the robovacs, and the advent of advanced robovacs. The market value of the residential robotic vacuum cleaner market is anticipated to be worth US$ 3 billion by 2020.

The key markets are the US, Western Europe, and Asia Pacific (APAC). The residential robotic vacuum cleaner market in the US is anticipated to expand at a steady single-digit CAGR through 2020. Consumer awareness about robovacs and coverage of robotic products, in both print and digital media, has helped raise awareness amongst consumers, providing an impetus to the prospects of the residential robotic vacuum cleaner market in the US.

Western Europe is another lucrative region for the residential robotic vacuum cleaner market, and it is anticipated that in France, Germany, and UK the demand for robotic vacuum cleaners will be robust in the next five years.

APAC is another lucrative region for robotic vacuum cleaners. Japan, South Korea, Singapore, and Hong Kong are the regions where consumer awareness about robotic vacuum cleaners is relatively high compared to other APAC countries. Among these key regions, the Japanese residential robotic vacuum cleaner market is notable, due to the launch of innovative products in the country. Most talked-about has been the launch of the Dyson 360 Eye by Dyson Ltd., a UK. based technology firm. The Dyson 360 Eye was launched in September 2014 and is reported to have cost Dyson Ltd. a whopping US$47m in development and R&D. Although the device was launched amidst much fanfare and received positive reviews from analysts, it has its task cut out against iRobot Corp., which has around 80% share of the Japanese robotic vacuum cleaner market.

iRobot Corp., a US based advanced technology company, has maintained its dominance in the global residential robotic vacuum cleaner market. The company has been at the forefront of offering robotic vacuum cleaners with advanced features. Its range of Roomba® and Braava® vacuum cleaners have been well received in the market. Other key players in the residential robotic vacuum cleaners market include Electrolux, Hanool Robotics, Samsung Electronics Co. Ltd., Metapo, Inc., and LG Electronics, Inc.

Although still at a nascent stage, the market for residential robotic vacuum cleaners will witness steady growth in the future on account of technological advancement in the field of robotics, growing demand from tech-savvy consumers, and greater awareness.

The information presented in this article is sourced from Future Market Insights’ upcoming research report, Residential Robotic Vacuum Cleaner Market: Global Industry Analysis and Opportunity Assessment 2014 – 2020



tags: , , ,


Vipassa Kakroo is an associate consultant at Future Market Insights.
Vipassa Kakroo is an associate consultant at Future Market Insights.





Related posts :



Robot Talk Episode 115 – Robot dogs working in industry, with Benjamin Mottis

  28 Mar 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Benjamin Mottis from ANYbotics about deploying their four-legged ANYmal robot in a variety of industries.

Robot Talk Episode 114 – Reducing waste with robotics, with Josie Gotz

  21 Mar 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Josie Gotz from the Manufacturing Technology Centre about robotics for material recovery, reuse and recycling.

Robot Talk Episode 113 – Soft robotic hands, with Kaspar Althoefer

  14 Mar 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Kaspar Althoefer from Queen Mary University of London about soft robotic manipulators for healthcare and manufacturing.

Robot Talk Episode 112 – Getting creative with robotics, with Vali Lalioti

  07 Mar 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Vali Lalioti from the University of the Arts London about how art, culture and robotics interact.

Robot Talk Episode 111 – Robots for climate action, with Patrick Meier

  28 Feb 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Patrick Meier from the Climate Robotics Network about how robots can help scale action on climate change.

Robot Talk Episode 110 – Designing ethical robots, with Catherine Menon

  21 Feb 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Catherine Menon from the University of Hertfordshire about designing home assistance robots with ethics in mind.

Robot Talk Episode 109 – Building robots at home, with Dan Nicholson

  14 Feb 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Dan Nicholson from MakerForge.tech about creating open source robotics projects you can do at home.

Robot Talk Episode 108 – Giving robots the sense of touch, with Anuradha Ranasinghe

  07 Feb 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Anuradha Ranasinghe from Liverpool Hope University about haptic sensors for wearable tech and robotics.





Robohub is supported by:




Would you like to learn how to tell impactful stories about your robot or AI system?


scicomm
training the next generation of science communicators in robotics & AI


©2024 - Association for the Understanding of Artificial Intelligence


 












©2021 - ROBOTS Association