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Residential Robotic Vacuum Cleaner Market- Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Published Oct 01, 2024
Length 187 Pages
SKU # CRRE20303384

Description

Market Overview

The Residential Robotic Vacuum Cleaner Market is forecasted to grow from USD 2,905 million in 2024 to approximately USD 8,946.92 million by 2032, exhibiting a robust compound annual growth rate (CAGR) of 15.10%.

This substantial growth is primarily driven by rising consumer interest in smart home technologies, coupled with increasing disposable incomes and a growing emphasis on household efficiency. Enhanced integration of AI, advanced sensor technologies, and compact, multi-functional designs are making robotic vacuum cleaners more appealing to modern consumers. Features such as self-charging, multi-surface adaptability, and app-based controls are becoming standard, further boosting market penetration. Moreover, the rapid expansion of e-commerce platforms is improving product accessibility and driving global adoption.

Market Drivers

Technological Advancements

The evolution of technology has significantly transformed robotic vacuum cleaners, making them more efficient and user-friendly. Cutting-edge innovations in navigation systems, powered by AI and advanced sensors, allow these devices to move seamlessly across various floor plans while avoiding obstacles. For example, the integration of LIDAR technology has enabled robots to map home layouts with high precision, resulting in more effective and systematic cleaning routines.

Further enhancements in suction power, brush designs, and customized cleaning modes have broadened the scope of application—from hardwood floors to carpets and tiles. These technological improvements are positioning robotic vacuum cleaners as reliable, high-performance solutions, appealing to tech-savvy consumers seeking convenience and automation in their daily cleaning routines.

Market Challenges Analysis

High Initial Costs and Functional Limitations

A major hurdle for the residential robotic vacuum cleaner market is the relatively high upfront cost, especially for premium models equipped with advanced features such as smart navigation, voice control, and automated scheduling. While entry-level options are available, top-tier devices can be cost-prohibitive for a large segment of consumers, particularly in regions with lower disposable income. According to a recent survey, 60% of respondents identified cost as a primary barrier to adoption.

Additionally, while robotic vacuums offer convenience, their performance can be limited in certain scenarios. They often struggle with deep cleaning, navigating cluttered areas, or accessing tight spaces and staircases. These limitations may deter consumers seeking comprehensive cleaning solutions, raising concerns about overall value and performance efficiency.

Segments

By Type:

In-house Robot

Outdoor Robot

By Charging Mode:

Manual Charging

Auto-Battery Charging

By Geography:

North America:

U.S.

Canada

Mexico

Europe:

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific:

China

Japan

India

South Korea

Southeast Asia

Rest of Asia Pacific

Latin America:

Brazil

Argentina

Rest of Latin America

Middle East & Africa:

GCC Countries

South Africa

Rest of Middle East and Africa

Key Player Analysis

Dyson Inc.

iRobot Corporation

Samsung Electronics Co. Ltd.

ECOVACS

Hayward Industries Inc.

Neato Robotics Inc.

Milagrow Business

Koninklijke Philips N.V.

Pentair

Knowledge Solutions (Pvt) Limited

Xiaomi



Table of Contents

187 Pages
CHAPTER NO. 1 : INTRODUCTION
1.1.1. Report Description
Purpose of the Report
USP & Key Offerings
1.1.2. Key Benefits for Stakeholders
1.1.3. Target Audience
1.1.4. Report Scope
CHAPTER NO. 2 : EXECUTIVE SUMMARY
2.1. Residential Robotic Vacuum Cleaner Market Snapshot
2.1.1. Residential Robotic Vacuum Cleaner Market, 2018 - 2032 (USD Million)
CHAPTER NO. 3 : Residential Robotic Vacuum Cleaner Market – INDUSTRY ANALYSIS
3.1. Introduction
3.2. Market Drivers
3.3. Market Restraints
3.4. Market Opportunities
3.5. Porter’s Five Forces Analysis
CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE
4.1. Company Market Share Analysis – 2023
4.2. Residential Robotic Vacuum Cleaner Market Company Revenue Market Share, 2023
4.3. Company Assessment Metrics, 2023
4.4. Start-ups /SMEs Assessment Metrics, 2023
4.5. Strategic Developments
4.6. Key Players Product Matrix
CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS
CHAPTER NO. 6 : Residential Robotic Vacuum Cleaner Market – Based on Type: ANALYSIS
CHAPTER NO. 7 : Residential Robotic Vacuum Cleaner Market – Based on Charging Mode: ANALYSIS
CHAPTER NO. 8 : Residential Robotic Vacuum Cleaner Market – Based on the Geography: ANALYSIS
CHAPTER NO. 9 : COMPANY PROFILES
9.1. Dyson Inc.
9.1.1. Company Overview
9.1.2. Product Portfolio
9.1.3. SWOT Analysis
9.1.4. Business Strategy
9.1.5. Financial Overview
9.2. iRobot Corporation
9.3. Samsung Electronics Co. Ltd.
9.4. ECOVACS
9.5. Hayward Industries Inc.
9.6. Neato Robotics Inc.
9.7. Milagrow Business
9.8. Koninklijke Philips N.V.
9.9. Pentair
9.10. Knowledge Solutions (Pvt) Limited
9.11. Xiaomi
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