The global cleaning robot market is projected to grow at a CAGR of 14.05% during the forecast period of 2017-2023. Cleaning robots are a type of service robots which are used for cleaning application of various surface including floor, pool, carpet, stairs, and grills among various others. Institutions are making use of these robotic systems to increase factory automation solutions deployed by them and the reliability and cost-effectiveness it offers. Improvement in reliability, reduction in dependence on labor, and its long-term cost-effectiveness are the major factors driving its demand. In addition, countries with an aging population such as Japan, are a major market for these robots as a substitute for domestic help. This will further add to the growing demand for cleaning robots. However, the initial high cost of domestic cleaning robots for household cleaning robots will restrict the market growth over the forecast period.
By end-user, the global cleaning robot market has been segmented as industrial, residential, commercial, and government. The industrial segment held a significant market share owing to their efficacy of use in cleaning where the use of manual labor is either inefficient or not economically feasible. Increasing expenditure on industrial IoT solutions by manufacturing companies and rising adoption of robotics across industry verticals such as healthcare, retail, and infrastructure among others will further boost the demand for cleaning robots for industrial applications. The residential cleaning robot will record a substantial CAGR on account of the introduction of new products into the market and rising disposable income in developing countries. Improvement in the standard of living and the convenience offered by cleaning robots will further augment its demand.
By geography, the global cleaning robot market has been segmented as North America, South America, Europe, Middle East, and Africa, and the Asia Pacific. Each region has been further segmented into major countries of their respective regions. Europe and North America held a significant market share due to the early adoption of technology and the presence of major companies offering new products regularly. The demand for commercial robots is high in developed regions as these organizations are looking for cost-effective solutions to improve their company profitability. The Asia Pacific region will witness impressive growth in the coming years due to the favorable government policies promoting the manufacturing industry, and an increase in demand for cleaning robots by government organizations among others.
Major industry players profiled as part of the report are Intellibot Robotics (Subsidiary of Diversey, Inc.), VTVIT (Shenzhen) Co., Limited, iRobot Corporation, Cyberdyne, Inc., Brain Corporation, Veolia, and ADLATUS Robotics GmbH among others.
The global cleaning robot market has been analyzed through the following segments:
Floor Cleaning Robot
Window Cleaning Robot
Lawn Cleaning Robot
Pool Cleaning Robot
By End User
Middle East and Africa
Key insights offered
What will be the global cleaning robot market size from 2017 t2023?
How are the major drivers and restraints affecting the Global cleaning robot market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behavior
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.