Cleaning robots can perform various cleaning tasks with a high level of efficiency, which is driving growth of the cleaning robot market
Market Size – USD 7.24 Billion in 2020, Market Growth – at a CAGR of 22.4%, Market Trend – Advancement in technology
The global cleaning robot market size is expected to reach USD 36.63 Billion in 2028 and register a revenue CAGR of 22.4% over the forecast period, according to latest report by Reports and Data. Demand for cleaning robots is growing at a rapid pace due to increase in their efficiency level. They can perform various cleaning tasks to provide an alternative to expensive human labor for cleaning, which is expected to increase their demand further and drive growth of the global market over the forecast period.
Cleaning robots can eliminate the need to perform simple and repetitive tasks by workers and thus, allow them to focus more on thought-intensive and complex tasks. These robots can obliterate the need for window washers to put themselves at risk by dangling from high levels for cleaning windows of tall buildings, along with reducing human interaction, which is a time-consuming process. Cleaning robots can be used anywhere, such as houses, offices, and industries, among others, and can be activated with a single button or at the desired time.
The number of people above 65 years globally is expected to triple between 2000 and 2050. Cleaning is a difficult task for the elderly and disabled people, and so cleaning robots can help physically handicapped and elderly population to live in their homes for a longer period and be less dependent on their caretakers. Modernization and innovation in cleaning robotics, such as evolution and development of sensors, IoT, and visualization technology, are improving accuracy and efficiency of robots, which in turn, is driving market revenue growth.
However, COVID-19 pandemic has affected people’s livelihood and resulted in loss of jobs, which in turn, has affected consumer spending. Demand for cleaning robots has also suffered a major setback due to the pandemic. However, rising WFH and at-home entertainment trends are expected to drive growth of the cleaning robot market.
Major players in the market include Samsung Electronics, Neato Robotics, Panasonic, iRobot, LG Electronics, Ecovacs Robotics, Cecotec Innovaciones, SharkNinja, ILIFE Robotics Technology, and Pentair PLC.
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Some Key Highlights in the Report
For this report, Reports and Data has segmented the global cleaning robot market based on type, product, application, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
Product Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
Regional Outlook (Revenue, USD Billion; 2018–2028)
Key Advantages of Cleaning Robot Report:
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