Global Residential Robotic Vacuum Cleaner Market, 2015 to 2021

Global Residential Robotic Vacuum Cleaner Market, 2015 to 2021
Persistence Market Research
Global Residential Robotic Vacuum Cleaner
Market is Expected to be Valued at US$
2,475.0 Mn by 2021 : Persistence Market
Research
Persistence Market Research
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Global Residential Robotic Vacuum Cleaner Market, 2015 to 2021
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Global Market Study on Residential Robotic
Vacuum Cleaner: Europe to Be the Most Lucrative Region throughout the Forecast
Period”, the residential robotic vacuum cleaner market is estimated to be valued at US$
1,255.0 Mn by the end of 2015 and is anticipated to expand at a CAGR of 12.0% from 2015
to 2021 in terms of value, to account for US$ 2,475.0 Mn by 2021.
Robotic vacuum cleaners commonly called robovacs, are mainly used for cleaning residential
spaces, such as floors, pools, and gutters. The device comprises a mobile base, cleaning
system, programming software, batteries, and other accessories. Robovacs use intelligent
sensors to clean tight corners and hard-to-reach surfaces. It is equipped with various
advanced features such as laser vision, room mapping, self-charging and others to offer
convenience to users.
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The global residential robotic vacuum cleaner market is expected to witness significant
growth during the forecast (2015–2021). Various factors such as growing demand for
automated cleaning, increasing consumer inclination towards various types of cleaning
products and rising disposable income. Trends that follow with the growth of residential
robotic vacuum cleaner market include growing product innovation, increasing R&D
expenditure by key market players and growing number of market players. In terms of value,
the global residential robotic vacuum cleaner market is expected to expand at a CAGR of
12.0% from 2015 to 2021, to be valued at US$ 2,475.0 Mn by 2021. In terms of volume,
production of residential robotic vacuum cleaner is expected to be 1,913.5 thousand units by
the end of 2015 and is expected to reach 4,783.0 thousand units by 2021, exhibiting a CAGR
of 16.5%.
On the basis of robot type, the global residential robotic vacuum cleaner market is
segmented into an in-house robot and outdoor robot. In terms of value, the in-house robot
segment is expected to account for 83.3% share of the global residential robotic vacuum
cleaner market by the end of 2015 and is anticipated to expand at CAGR of 9.9% during the
forecast period. In terms of volume, the in-house robots segment stood at 1,309.1 thousand
units in 2014.
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Global Residential Robotic Vacuum Cleaner Market, 2015 to 2021
On the basis of mode of charging, the global residential robotic vacuum cleaner market is
segmented into manual charging and auto battery charging segments. In terms of value, the
manual charging segment is expected to expand at the highest CAGR of 12.0% during the
forecast period, while the auto battery charging segment is expected to be valued at US$
1,775.6 Mn by 2021.
The report provides in-depth information about various factors and trends affecting each
segment and provides analysis and insights about the potential of the residential robotic
vacuum cleaner market in specific regions. On the basis of region, the global market of
residential robotic vacuum cleaner market is segmented into five regions; among these,
Europe is expected to dominate the market, accounting for 44.6% value share by the end of
2015 and it is expected to remain dominant by 2021. However, the Middle East & Africa
market is anticipated to expand at the highest CAGR during the forecast period.
View Detail Report: http://www.persistencemarketresearch.com/marketresearch/residential-robotic-vacuum-cleaner-market.asp
Key market players in global residential robotic vacuum cleaner market include iRobot
Corporation, Neato Robotics, Inc., Yujin Robot, Co., Ltd., Dyson Inc., Ecovacs Robotics, Inc.,
Hayward Industries, Inc., Philips Electronics N.V, Samsung Electronics Co., Ltd., Pentair plc
and Milagrow Business & Knowledge Solutions (Pvt.) Limited. Key market players are
focusing on product innovation to offer advanced products to consumers. For example, in
September 2015, iRobot Corporation launched Roomba 980 vacuum cleaning robot. It is the
company’s first robotic vacuum cleaner to combine adaptive navigation with visual
localization, cloud-connected app control and enhanced cleaning power on carpets.
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The global residential robotic vacuum cleaner market is segmented as follows:
By Robot type:

In-house Robot
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Global Residential Robotic Vacuum Cleaner Market, 2015 to 2021

Outdoor Robot
By Mode of Charging:

Manual Charging

Auto Battery Charging
By Region:

North America

APAC

Europe

The Middle East and Africa (MEA)

Latin America
Market History:
Robotic vacuum cleaner commonly called robovacs, are mainly used for cleaning residential
spaces such as floors, pools, and gutters. It comprises a mobile base, cleaning system,
programming software, batteries, and other accessories. Robovacs use intelligent sensors to
clean tight corners and hard-to-reach surfaces. They are equipped with various advanced
features such as laser vision, room mapping, self-charging and others to offer convenience
to users.
The residential robotic vacuum cleaner market is expected to witness significant growth over
the next few years, due to growing demand for automated cleaning, growing disposable
income and increasing the inclination of consumers towards various cleaning products. The
residential robotic vacuum cleaner market is segmented into robot type, mode of charging
and region.
In terms of value, the global residential robotic vacuum cleaner market is anticipated to
expand at a CAGR of 12.0% during the forecast period (2015-2021) to be valued at US$
2,475.0 Mn by 2021. The global residential robotic vacuum cleaner market was valued at
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Global Residential Robotic Vacuum Cleaner Market, 2015 to 2021
US$ 969.0 Mn in 2014. In terms of volume, the global residential robotic vacuum cleaner
accounted for 1,429.7 thousand units in 2014.
In-house robot segment dominates the global residential robotic vacuum cleaner market in
terms of value as well as volume. Mode of charging includes manual charging segment and
auto battery segments. In-house robots can be charged manually as well as automatically
while outdoor robots need to be charged manually.
In terms of value, the in-house robot segment was valued at US$ 824.5 Mn in 2014 and is
expected to be valued at US$ 1,045.0 Mn by the end of 2015. Outdoor robot segment is
expected to witness the highest CAGR during the forecast period. In terms of volume, the inhouse robot segment dominated the global residential robotic vacuum cleaner market in
2014, and it is expected to remain dominant throughout the forecast period. Market value
share of outdoor robot segment was 14.9% in 2014 and it is expected account for 25.4%
share of the global residential robotic vacuum cleaner market by 2021.
Report also covers a section about segmentation of in-house robotic vacuum cleaner on the
basis of price which includes high-end price, mid-range price and low-end price. High-end
price segment is expected to dominate global in-house robotic vacuum cleaner market
throughout the forecast period. However, mid-range price segment is expected to expand at
highest CAGR over the forecast period of 2015-2021.
On the basis of region, the global market for residential robotic vacuum cleaners is
segmented into five regions; among these, Europe is expected to dominate the market,
accounting for 44.6% value share by the end of 2015 and it is expected to remain dominant
through 2021. However, the Middle East & Africa market is anticipated to expand at a
highest CAGR during the forecast period.
The report on the global residential robotic vacuum cleaner market profiles some of the key
players, including Robot Corporation, Neato Robotics, Inc., Yujin Robot, Co., Ltd., Dyson Inc.,
Ecovacs Robotics, Inc., Hayward Industries, Inc., Philips Electronics N.V, Samsung Electronics
Co., Ltd., Pentair plc and Milagrow Business & Knowledge Solutions (Pvt.) Limited. Key
market players are focusing on product advancements to offer unconventional products to
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Global Residential Robotic Vacuum Cleaner Market, 2015 to 2021
consumers. For example, in September 2015, iRobot Corporation launched Roomba 980
vacuum cleaning robot. It is the company’s first robotic vacuum cleaner to combine adaptive
navigation with visual localization, cloud connected app control, and enhanced cleaning
power on carpets.
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Global Residential Robotic Vacuum Cleaner Market, 2015 to 2021
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