High penetration of automation in household appliances and Busy life in urban areas Boost Cleaning Robot Market Growth
According to our latest study on “Cleaning Robot Market to 2025 – Global Analysis and Forecasts – by Type, and End User,” the market is projected to grow from US$ 2,475.9 million in 2018 to US$ 8,441.3 million by 2025; it is estimated to record a CAGR of 19.2% from 2018 to 2025.
As the economy of several countries is increasing, it is leading to rapid urbanization and growing disposable income of the population. With the increasing technology, people are shifting towards home automation, such as smart homes that provides control and automation of every electronic device used in the house as well as remote controlling from any part of the world. Cleaning robots are used for a variety of purposes such as mopping, UV sterilization, and many other household activities. In the developed countries, rising labor costs is one of the major factor for the population to shift towards automation. Especially for the people with disabilities, cleaning robot act as an alternative for expensive household activities. All these factors are supporting cleaning robot market growth.
Cleaning Robot Market – by Region, 2017 and 2025
Cleaning Robot Market to 2025 - Global Analysis and Forecasts by Type (Floor Cleaning, Lawn Cleaning, Pool Cleaning, and Window Cleaning), by End User (Residential, Commercial, and Industrial)
Cleaning Robot Market Growth Report - Analysis & Forecast 2025
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Source: The Insight Partners Analysis
Confluence of growing urbanization, rising population, and climate change are some of the factors giving rise to adoption of smart technologies by market players, including automation and robotics in Middle-East and African countries contributing to cleaning robot market. Stakeholders in the Middle East countries are paying special attention towards innovation and smart development. There have been numerous smart city conferences in the past few years with both the public and private sector support. The growth in smart city initiative is expected to further encourage the demand of service robots in the region. MEA region includes cleaning robots market of Saudi Arabia, UAE and South Africa. For the influential growth from North Africa to South Asia, Dubai acts as a center of growth in the technological market. Dubai’s economy is the sixteenth strongest economy in the world and will continue to grow further, leading to demand for service robots and generate growth opportunities in the region’s cleaning robot market.
The cleaning robot market is segmented on the basis of type, end user, and geography. Based on type, the cleaning robots market is segmented into floor cleaning, lawn cleaning, pool cleaning, and window cleaning. Based on end user, the cleaning robot market is segmented into residential, commercial, and industrial. By geography, the cleaning robot market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
iROBOT, Neato Robotics, Inc., Samsung Electronics Co., Ltd., LG Electronics, Koninklijke Philips N.V., Dyson Limited, Ecovacs Robotics, Inc., Panasonic Corporation, Alfred Kärcher GmbH & Co. KG., TASKI Intellibot are a few market players operating in the cleaning robot market.
With increasing urbanization and busier life of the people in urban areas, there remains very less time for the cleaning activities. Therefore, many of the people are shifting towards robots for the cleaning activities of their homes in their presence as well as absence and to ensure a proper cleaning of every corner of the house which will propel the cleaning robot market.
Also, with the rapid development of smart cities in many developed as well as developing countries, automation of various daily activities is increasing. Development of a smart building means automating most of the tasks and controlling them through a central unit. Also, with the growing disposable income of the population in urban areas, people are shifting towards automating all aspects of the home, such as electricity, cleaning, and others and contributes to growing adoption of robots for cleaning. This factors gain traction and fuel cleaning robot market.
Many of the countries, especially the developed ones, are majorly shifting towards automation of cleaning activities, as hiring labor in these countries is expensive than buying robots for the same purpose. In the developing countries, though the market is slowly growing due to high cost of these robots, but will gradually increase in the coming years, supporting the cleaning robot market growth worldwide.
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