Cleaning Robot Market

Market Leader - Cleaning Robot Market

The cleaning robot market is expected to be valued at 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 penetration of automation in household appliances, rise in labor cost, and increasing safety concern.

Cleaning robots are autonomous devices capable of cleaning floors, pools, 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 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 robots 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.

APAC held the largest size of the cleaning robot market in 2017. Also, the market in APAC is expected to grow at the highest CAGR between 2018 and 2023. 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.

Related Reports:

Cleaning Robot Market by Type, Product (Floor-cleaning robot, Lawn-cleaning robot, Pool-cleaning robot, Window-cleaning robot), Application (Residential, Commercial, Industrial, Healthcare), and Geography - Global Forecast to 2023

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Report Code
SE 3777
Published ON
Jan, 2018
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