Cleaning Robot Market Growth, Sales, Future Trends, COVID-19 Impact, Size Values, Analysis by 2028
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. Cleaning robots can do heavy duty work with high level of efficiency that human cleaners are unable to achieve due to limitations of human capacity. Cleaning robots can perform complex tasks such as patrolling the house via cameras from an app on the phone, UV sterilization, and others in residential, commercial, and industrial sectors, and can reduce the amount of time, money, and electricity required for cleaning operations.
Cleaning is one of the complex tasks, especially for elderly and disabled people, which can be made simpler and easier with the help of cleaning robots. Cleaning robots have been developed to sweep floors, wash dishes, and wipe windows in domestic environment, and to support human as a caretaker or domestic support. Surging geriatric population across the globe is expected to increase demand for these robots and thus, drive market revenue growth.
OEMs are increasingly adopting artificial intelligence to develop cleaning robots, especially for floor cleaning, vacuum cleaning, and lawn mowing chores. Advancement in artificial intelligence has driven development of cleaning robotics, while growth in the number of startups in this area is expected to lead to commercialization of AI-powered robots for repetitive tasks in retail stores and fulfilment centers. Tech giants such as Amazon and Google are also investing in artificial intelligence-based robots, which is expected to have a major impact on market growth.
Modernization of cleaning robots and development of small and user-friendly cleaning robots are some important factors driving growth of the market. However, high cost of cleaning robots and high maintenance cost are restraining growth of the cleaning robot market. Furthermore, cleaning robots are integrated with transmitters and sensors, and rough usage of these machines can reduce their lifespan, which can be another major factor to limit market growth during the forecast period.
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Major players operating in the market include Samsung Electronics, Neato Robotics, Panasonic, iRobot, LG Electronics, Ecovacs Robotics, Cecotec Innovaciones, SharkNinja, ILIFE Robotics Technology, and Pentair PLC.
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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)
Product Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
Regional Outlook (Revenue, USD Billion; 2018–2028)
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