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New Report Forecasts Global Cleaning Robot Market to 2023

Jan 11 2018

The "Cleaning Robot Market by Type, Product (Floor-cleaning robot, Lawn-cleaning robot, Pool-cleaning robot, Window-cleaning robot), Application (Residential, Commercial, Industrial, Healthcare) & Geography - Global Forecast to 2023" report has been added to Research and Markets' offering.

The overall cleaning robot market is expected to grow from USD 2.09 Billion in 2018 to USD 4.34 Billion by 2023, at a CAGR of 16.21% between 2018 and 2023.

Some key factors driving the growth of this market are the increased penetration of automation in household appliances, rise in labor cost, and increasing safety concerns.

Cleaning robots are autonomous devices capable of cleaning floor, pool, windows, and lawns with very less intervention of humans. Cleaning robots, such as robot vacuum cleaner, are generally used for residential and commercial sectors. Cleaning robots are also deployed in the container industry to provide cleaning solutions inside the container. Unlike traditional vacuum cleaners, robotic vacuum cleaners are smaller in size and can easily fit into limited spaces. A robotic vacuum cleaner mainly cleans floors and carpets; the dirt gets collected in a bin, which is to be emptied later. Automated robot vacuums can locate and settle on their respective docking stations.

The cleaning robot market has been segmented, on the basis of product, into floor-cleaning robot, lawn-cleaning robot, pool-cleaning robot, window-cleaning robot, and others. The market for pool-cleaning robots is expected to grow at the highest CAGR between 2018 and 2023. Pool-cleaning robots can remove dirt and debris in pools and can scrub the surface of the pools. Manual cleaning of pools requires a lot of effort and is time-consuming. However, the introduction of pool-cleaning robot has simplified the process of cleaning. It is the advanced, efficient, and cost-effective version of the traditional pool-cleaning equipment. It collects debris and sediments from swimming pools with minimal human intervention.

The cleaning robot market in APAC is expected to grow at the highest CAGR during the forecast period. Rise in disposable income among consumers in APAC has led to the adoption of cleaning robots. The increasing adoption of cleaning robots and the influx of global players, along with the emergence of native players, are helping the market to grow. As a result, APAC holds a significant share of the overall cleaning robot market.

The cost of cleaning robot is a major factor restraining the growth of the market. Cleaning robot is costlier than the traditional vacuum cleaner, which makes it less affordable to all segments of people. People in emerging economies such as India and China still rely on labor or traditional vacuum cleaner for cleaning purposes.

The price of cleaning robot ranges from USD 200 to USD 1,200. In 2016, the GDP per capita of India, China, and Brazil was USD 1,709.4, USD 8,123.2, and USD 8,649.9, respectively. In developing countries, only a small segment of people can afford a cleaning robot, which is posing a restraint for the cleaning robot companies to commercialize their products in these regions. Thus, the cost of cleaning robots is an important restraint for the growth of the market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Cleaning Robot Market
4.2 Cleaning Robot Market, By Application And Region
4.3 Cleaning Robot Market-Top Four Products
4.4 Cleaning Robot Market in Apac, By Application And Country
4.5 Country-Wise Analysis of the Cleaning Robot Market

5 Market Overview
5.1 Introduction
5.2 Value Chain Analysis
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Penetration of Automation in Household Appliances
5.3.1.2 Rise in Labor Cost And Increasing Safety Concern
5.3.1.3 Compact Size With Self-Charging Capability
5.3.2 Restraints
5.3.2.1 Higher Cost of Cleaning Robot
5.3.3 Opportunities
5.3.3.1 High Potential in Newer Industrial Applications
5.3.3.2 Increasing Concern for Safety at Homes
5.3.4 Challenges
5.3.4.1 Efficiency of Cleaning Robots

6 Cleaning Robot Market By Type
6.1 Introduction
6.2 Personal Cleaning Robot
6.3 Professional Cleaning Robot

7 Cleaning Robot Market By Product
7.1 Introduction
7.2 Floor-Cleaning Robot
7.3 Lawn-Cleaning Robot
7.4 Pool-Cleaning Robot
7.5 Window-Cleaning Robot
7.6 Others

8 Cleaning Robot Market By Application
8.1 Introduction
8.2 Residential
8.3 Commercial
8.4 Industrial
8.5 Healthcare
8.6 Others

9 Cleaning Robot Market, By Region

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking Analysis, 2016
10.2.1 Product Launches (2015-2017)
10.2.2 Expansions (2016-2017)
10.2.3 Partnerships, Agreements, Collaborations, And Contracts (2015-2016)
10.2.4 Merger, Acquisitions, & Divestitures (2015-2017)

11 Company Profiles