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Global Cleaning Robot Market Size to Reach USD 36.63 Billion in 2028, Advancement in Artificial Intelligence Is Driving Development of Cleaning Robotics

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Global Cleaning Robot Market Size to Reach USD 36.63 Billion in 2028, Advancement in Artificial Intelligence Is Driving Development of Cleaning Robotics

June 30
23:56 2022

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.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/4914

 

Some Key Highlights in the Report

  • In June 2021, SoftBank Robotics Singapore partnered with GERMii to fight COVID-19 in Australia by launching a 2-in-1 automated commercial floorcare disinfection and cleaning solution GERMii UV-C for Whiz. SoftBank Robotics Singapore combined artificial intelligence-powered vacuum cleaner ‘Whiz’, with GERMii’s UV-C technology that kills bacteria on contact. The vacuum cleaner can kill pathogens on floor and air by using UV-C.
  • Professional cleaning robot segment accounted for a significantly large revenue share in 2020 due to rapid rise in the adoption of outdoor cleaning robots at industrial and construction sites. Furthermore, increasing adoption of snow-cleaning robots in colder countries, such as Russia, Switzerland, and Canada, to clear roads and rescue public trapped under snow is driving growth of the segment.
  • Lawn cleaning robot segment is expected to register a significantly high revenue growth rate during the forecast period. These robots are sophisticated with self-docking and rain sensors, and they can almost eliminate the need for human interaction and also go to sleep automatically when it rains.
  • In September 2020, Graze announced the launch of next-generation robots for commercial lawn mowing. The product will increase efficiency and maintain speed for mid-sized to large commercial areas.
  • Residential segment accounted for largest revenue share in 2020, as cleaning robots can perform various tasks such as cleaning and mopping in household. Domestic help in certain countries is quite expensive, and people are, therefore, deploying cleaning robots to help with their hectic schedule. Advancement and miniaturization of cleaning robots are also driving growth of this segment.
  • Asia-Pacific is expected to register a rapid revenue growth rate during the forecast period due to high demand for cleaning robots from China, Japan, and South Korea. Rise in disposable income, changing lifestyles, and hectic schedules of people in the region are boosting growth of the cleaning robot market in Asia-Pacific.

 

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)

  • Personal Cleaning Robot
  • Professional Cleaning Robot


Product Outlook (Revenue, USD Billion; 2018–2028)

  • Floor-cleaning Robot
  • Pool-cleaning Robot
  • Lawn-cleaning Robot
  • Window-cleaning Robot
  • Others (Mobile air purification robots, HVAC duct-cleaning robots, solar panel cleaning robots, and aquarium cleaning robots)


Application Outlook (Revenue, USD Billion; 2018–2028)

  • Commercial
  • Residential
  • Healthcare
  • Industrial
  • Others (Small business units and contract service providers)


Regional Outlook (Revenue, USD Billion; 2018–2028)

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa


Key Advantages of Cleaning Robot Report:

  • Identification and analysis of the market size and competition
  • Qualitative and quantitative analysis of the market data
  • Data validated by industry experts after extensive primary and secondary research
  • Extensive regional analysis of the Cleaning Robot industry
  • Profiling of key players along with their business overview, business strategies, deals and partnerships, and product portfolio
  • SWOT and Porter’s Five Forces Analysis for in-depth understanding of the competitive landscape
  • Feasibility analysis and investment analysis to enable strategic investment decisions
  • Analysis of opportunities, drivers, restraints, challenges, risks, and limitations


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