Top Facts You Didn’t Know About Cleaning Robot market & Impact of COVID-19Posted by Mrudula Anil Karmarkar on April 19th, 2022 The global cleaning robot market size is expected to reach USD 6.2 billion by 2025, registering a revenue-based CAGR of 14.6% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. The rising penetration of technologies such as Artificial Intelligence (AI), and Virtual Reality (VR) is a major factor driving the market growth. In addition, the higher costs of mopping labors in emerging countries is boosting the demand for robotic vacuums. Proliferation of robotics technology for mopping purpose and technological advancements such as gesture controlled and voice based technology are likely to drive the market growth. Vacuum robots have gained a wide reception in the past few years as consumers exhibit a constant demand for smart gadgets over traditional devices. Continuous improvement in software and hardware technology has enabled the industry to reveal enhanced robotic appliances for household mopping purposes. Pricing is another aspect for consumers to have a high preference for robotic vacuums since there are multiple variants available within reasonable price range. Also, the lack of manpower for household mopping purpose is driving the demand for robotic vacuums. Therefore, this trend is anticipated to boost the demand for automated and manual vacuums. Recent innovations in the robotic cleaning technology such as voice command, Bluetooth tethering and VR features are driving the market. For instance, RX-V100 comes with a speech recognition AI engine that helps the end users to communicate with the device. It works in automatic mode and possesses a set of built-in messages. Bosch Roxxter is another example of AI enabled robotic vacuum that uses AI to draw collaborative maps of surroundings. Furthermore, the manufacturers are emphasizing on establishing partnerships with developers of virtual assistant systems for enhancing the performance of vacuum machines. For instance, ECOVACS has established a partnership with Amazon.com through which ECOVACS will make its Ecovacs DEEBOT N79S compatible with Amazon Alexa. Major functions of a cleaning robot include determining the position of the area to be cleaned, identifying the shortest path to occupy that position, and cleaning the desired area with the attached vacuum cleaner. An increase in the use of artificial intelligence allows the robot to identify cleaning areas and distinguish between dirt and other objects at various spots. The major factors driving the growth of the market are increasing adoption of automation technology for cleaning tasks and the rise in labor costs. To Request Sample Copy of this report, click the link: https://www.grandviewresearch.com/industry-analysis/cleaning-robot-market/request/rs1 Cleaning robots are addressing consumer needs by getting evolved as a result of robotic innovations and change in approach towards household cleaning and maintenance. In response to growing safety concern for the use of hazardous chemicals by cleaning personnel, public safety organizations such as the European Commission (EU) and Food and Drug Administration (FDA) have implemented regulations for these chemicals. For instance, the EU commission enacted the Toxic Substances Control Act (TSCA) that bans the usage of certain cleaning chemicals by cleaning personnel in commercial and industrial applications. These factors are expected to boost the demand for robotic vacuums over the forecast period. Cleaning Robot Market Report Highlights
The growing penetration of automation and artificial intelligence in household applications has propelled the demand for cleaning robots. The rise in the number of working men and women in emerging countries has led to a rise in demand for devices that can save time while cleaning the residential areas. Increasing adoption of technologies such as IoT and Home Area Networks (HAN) has enhanced the performance of cleaning robots used in residential applications. Furthermore, increasing penetration of technologies such as barcodes and Radio Frequency Identification (RFID) for self-positioning and localization have propelled the adoption of these systems for industrial and commercial applications. Some of the key players in the market are Ecovacs Robotics, Inc.; ILIFE Robotics Technology; iRobot Corporation; LG Electronics; Maytronics; Milagrow Business and Knowledge Solutions (Pvt.) Limited; Neato Robotics, Inc.; Nilfisk Group; Pentair plc; and Samsung Electronics Co., Ltd. Mergers and acquisitions, product launches, and effective collaborations are some of the major strategies adopted by the key players. For instance, in June 2019, iRobot Corporation acquired Root Robotics - a company that provides residential robots. The acquisition enhanced the company’s portfolio and its share in the market. How big is the cleaning robot market? The global cleaning robot market size was estimated at USD 2.7 billion in 2019 and is expected to reach USD 3.1 billion in 2020. Although the convenience provided by these devices bodes well for the market growth, there are various factors that are restraining the growth of the market. Power and battery issues pertinent in these systems, arising out of incorrect charging habits, are discouraging the usage of these systems. For instance, charging the robot immediately after using it can affect its battery life. Furthermore, the rise in stringent regulations implemented by the environmental safety agencies for the usage of powerful robots is a major concern for the market growth. For instance, the European Environment Agency (EEA) has implemented new energy labelling rule for robots that restricts the usage of robotic vacuums, which are more powerful than 900 W. Like it? Share it! More by this author |