Robotic Vacuum Cleaners Market to Reach $33.3B
August 8, 2024
The robotic vacuum cleaners market is projected to reach US$33.3 billion globally by 2031, according to a Robotic Vacuum Cleaners Market research report.
Based on type, the robotic vacuum cleaners market is segmented into cleaning robots, hybrid robots, and mopping robots. In 2024, the cleaning robots segment is expected to account for the largest portion (48%) of the market.
The market is also segmented into online and offline. In 2024, the online segment is expected to account for the larger share of around 83%—with growth attributed to the increase of the e-commerce industry, convenience of shopping from home, vacuum variety and availability, discounts/lower prices, detailed information for prospective buyers, and comparison of various models/brands.
The residential robotic vacuums market has witnessed innovations, such as UV sterilization, spinning brushes, and security cameras for homes, pets, and older adults. Companies also are integrating new technologies in robotic vacuum cleaners.
This year, Asia-Pacific is expected to account for the largest region of the market at around 45%. Due to the higher purchasing power of the people in China and South Korea, the demand for automated electronic products is also escalating in the region.
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