The global cleaning robot market size is expected to reach USD 36.05 billion in 2028 and register a CAGR of 23.0%, according to the latest report by Emergen Research. Key factors such as increasing adoption of Internet of Things (IoT) and Home Area Networks (HAN) technologies, rising adoption of smart home devices, and improving the standard of living of people are driving global market revenue growth.
Together with qualitative and quantitative assessments, the report's authors have provided forecasts for the Cleaning Robot market. Two of the most important parts of this study are the SWOT analysis and Porter's Five Forces analysis, which reveal how intensely competitive the industry is. The comprehensive study of the worldwide Cleaning Robot market in the report takes into account markets in North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa. This study looks at additional significant characteristics of regional markets in addition to revenue growth drivers, constraints, production consumption patterns, altering consumer tastes, and tight regulatory standards.
A cleaning robot is an autonomous robot widely used to clean floors, lawns, windows, and pools, combined with sensors and robotic drives that can be operated via smartphones. These cleaning robots are widely used in the residential sector due to the high cost of housekeeping services. These robots eliminate human efforts, reduce the added costs of offering overtime to domestic help, provide better cleaning, and save time. Cleaning robots are widely used in various industrial applications such as warehouses, manufacturing, automotive, and the food and beverage sector. Factors such as increasing demand for personal and professional cleaning robots in commercial and residential buildings, increasing demand for floor cleaning robots in hospitals and healthcare services, airports, and grocery stores, and rising investments to develop enhanced cleaning robots with additional features are supporting market revenue growth.
The latest study provides an insightful analysis of the broad competitive landscape of the global Cleaning Robot market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Cleaning Robot market and pinpoint the fundamental growth trends.
Among the product type, the floor cleaning robot segment is expected to account for largest revenue growth between 2021 and 2028 owing to factors such as high cost of house help services at residencies and increasing adoption of floor cleaning robots at hospitals to get rid of hospital-acquired infections.
Based on the type, the personal cleaning segment is expected to account for significant revenue growth over the forecast period. Factors such as increasing adoption of smart home devices and robotic vacuum cleaners, rising disposable income, and availability of efficient, lightweight, and compact cleaning robots performing basic tasks like sweeping and mopping are fueling segment revenue growth.
Based on application, the industrial segment revenue is expected to expand at rapid CAGR over the forecast period. Rapid industrialization and increasing adoption of cleaning robots across various industrial sectors such as automotive, food and beverage, or manufacturing, along with warehouses are boosting demand for cleaning robots in the industrial sector.
North America is expected to account for largest revenue share throughout the forecast period. High revenue growth is attributed to factors such as costly domestic help services, increasing demand for cleaning robots in retail stores, supermarkets, and malls along with rising investments for developing cleaning robots with advanced features.
The cleaning robot market in Asia Pacific is expected to register a rapid revenue CAGR between 2021 and 2028. China and Japan are major contributing countries in APAC. Rapid growth in the eCommerce sector, presence of key players, increasing demand for smart home services, rising disposable income, and improvements in standard of living are some key factors boosting Asia Pacific market growth.
Market Overview:
The report bifurcates the Cleaning Robot market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2018–2028)
Lawn-cleaning Robot
Window-cleaning Robot
Floor-cleaning Robot
Pool-cleaning Robot
Others
Type Outlook (Revenue, USD Billion; 2018–2028)
Professional Cleaning Robot
Personal Cleaning Robot
Application Outlook (Revenue, USD Billion; 2018–2028)
Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Cobots market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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