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Last Updated, Mar 9, 2022, 3:45 PM
Cleaning Robot Market Emerging Trend | By Key Players, Product Type, Application and Region

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 standard of living of people are driving global market revenue growth. 

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 residential sector due to high cost of housekeeping services. These robots eliminate human efforts, added costs of offering overtime to the domestic help, provide better cleaning, and saves time. Cleaning robots are widely used in various industrial applications such as warehouses, manufacturing, automotive, and 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, grocery stores, and rising investments to develop enhanced cleaning robots with additional features are supporting market revenue growth. 

The study performs a historical assessment of the Cleaning Robot from 2021 to 2028, focusing on the market trends, revenue share, growth rate, production capacity, pricing structure, and other vital aspects during that period. The report emphasizes the demands and ongoing trends of the global Cleaning Robot market, more importantly, across the major regions of the market. Additionally, our analysts have included SWOT analysis and Porter’s Five Forces analysis in the report to offer a better understanding of the competitive spectrum of this ever-evolving industry. Moreover, the report sheds light on the cutting-edge expansion strategies adopted by the market contenders, such as mergers & acquisitions, joint ventures, partnerships & collaborations, new product launches, and brand promotions.  

See how the research methodology work for the report | request sample report: https://www.emergenresearch.com/request-sample/728

The global Cleaning Robot market consists of various segments, including product type outlook, application spectrum, end-user overview, leading regions, and the competitive analysis. The report further provides information regarding the value chain, emerging market sectors, and the technological advancements in the industry to benefit readers and businesses looking to invest in this industry.

Key Market Competitors Profiled in the Report:

  • Ecovacs Robotics, iRobot Corporation, Samsung Electronics, LG Electronics Inc., Xiaomi Corporation, Roborock, Koninklijke Philips N.V., SharkNinja, Neato Robotics, Cecotec Innovaciones S.L., and Panasonic Corporation are key players operating in the cleaning robot market.

key highlights in the report:

  • 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. 

Significant driving forces shaping the future of the Cleaning Robot market for the forecast period 2021 – 2028 find a special mention in the study and are backed by a real-time statistics. Thorough segmentation of the industry by type, application, classification, and geography works as an impetus towards increasing the sale figures and boosting business prospects alongside the hindrances that often restrict the industry’s growth. In addition, bifurcation of the market on the basis of consumption volume, customer preference, end-user, and production capacity is explained through important resources including but not limited to charts, graphic images, and tables.

For this study, Emergen has segmented the global cleaning robots market based on product, type, application, and region:

  • 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)
    • Residential 
    • Industrial 
    • Commercial 
    • Healthcare
    • Others

For more details of the Cleaning Robot Market Report, visit @ https://www.emergenresearch.com/industry-report/cleaning-robot-market

The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field.  It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.

Target Audience of the Report:

  • Leading Companies
  • Large, medium-sized, and small enterprises
  • Investors
  • Value-Added Resellers (VARs)
  • Venture capitalists
  • Third-party knowledge providers

The report considers the following timeline for market estimation:

  • Historical Years: 2019-2020
  • Base Year: 2020
  • Estimated Year: 2021
  • Forecast Years: 2021-2028

Key Coverage of the Cleaning Robot Market:

  • Insightful information regarding the global Cleaning Robot market
  • Identification of growth in various segments and sub-segments of the Cleaning Robot market
  • Strategic recommendations for investment opportunities
  • The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
  • Emerging trends and current market segment analysis to help investors formulate new business strategies
  • Accelerates the decision-making process through the availability of the drivers and limitations

Quick Buy – Cleaning Robot Market Research Report: https://www.emergenresearch.com/select-license/728

The global Cleaning Robot market report evaluates the latest economic scenario in terms of value and volume. It highlights the key growth drivers, restraints, production capacity, demand & supply ratio, import/export status, growth rate, and other critical aspects. Additionally, the report also performs SWOT analysis, Porter’s Five Forces analysis, speculation attainability investigation, and venture return investigation.

Thank you for reading our report. For further details or to inquire about customization, please get in touch with us. We assure you that your report will be designed as per your requirements.

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About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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Emergen Research | Web: www.emergenresearch.com

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