Cleaning Robot Market is estimated to be US$ 52.17 billion by 2030 with a CAGR of 19.8% during the forecast period
Cleaning Robot Market accounted for US$ 8.7 billion in 2020 and is estimated to be US$ 52.17 billion by 2030 and is anticipated to register a CAGR of 19.8%. Cleaning robots are self-contained, intelligent devices that make cleaning easier than traditional techniques. Cleaning robots are capable of efficiently cleaning homes, hotels, restaurants, workplaces, hospitals, workshops, warehouses, and universities. Cleaning robots, on the other hand, are commonly utilised in commercial cleaning applications. The growing use of cleaning robots in a variety of industries, including commercial, industrial, personal services, logistics, and medical, has fueled the demand for effective robot performance. As a result, improved robotic systems that programme robots to interact with humans must be developed. The human world contains a variety of demanding activities that robots cannot regulate. The most difficult task for robots is to perceive the unstructured human environment. As a result, the most major market issue is to develop a proactive robot that can anticipate human demands.
The report "Global Cleaning Robot Market, By Product Type (Floor-Cleaning Robot, Lawn-Cleaning Robot, Pool-Cleaning Robot, and Window-Cleaning Robot), By Operation (Fan Adsorption and Vacuum Suction), By Application (Residential, Commercial, Industrial, and Healthcare), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030’’
Key Highlights:
· Samsung Electronics will release the new JetBot 90 AI in January 2021. It's the first Intel AI-powered smart robotic vacuum cleaner in the world.
· Roomba i3 , an upgraded Roomba Vacuum Robot with intelligent navigation and self-emptying capability with Clean Base Automatic Dirt Disposal, was released in September 2020 by iRobot.
· Ecovacs Robotics announced the DEEBOT OZMO T8, a home-cleaning robot, in August 2020, to take advantage of advanced technology such as TrueDetect technology for item detection.
· LG Electronics and Miele & Cie. KG reached an agreement in June 2020 that allows Miele & Cie. KG to use LG's patent on robot vacuum cleaner technology.
Analyst View:
Increased spending in R&D efforts and an increase in the requirement for automation in businesses are two major factors influencing the clean room robot market's growth. In addition, the rise in labour and energy costs around the world is propelling the industry forward. However, the market's growth is constrained by large initial investments and installation expenses. On the contrary, the market is predicted to benefit from the growing robotics and AI industries, as well as a growth in the number of applications for clean room robots. As a result, these factors are projected to have a significant impact on the growth of the worldwide clean room robot market over the forecast period.
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Key Market Insights from the report:
The global cleaning robot market accounted for US$ 8.7 billion in 2020 and is estimated to be US$ 52.17 billion by 2030 and is anticipated to register a CAGR of 19.8%. The Global cleaning robot market has been segmented on the basis of product type, operation, application, and region.
· Based on Product Type, Global Cleaning Robot Market is segmented into Floor-Cleaning Robot, Lawn-Cleaning Robot, Pool-Cleaning Robot, and Window-Cleaning Robot.
· Based on Operation, Global Cleaning Robot Market is segmented into Fan Adsorption and Vacuum Suction.
· Based on Application, Global Cleaning Robot Market is segmented into Residential, Commercial, Industrial, and Healthcare.
· By Region, the Global Cleaning Robot Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Global Cleaning Robot Market:
Key players in the global cleaning robot market includes Dyson Limited, Ecovacs Robotics Co. Ltd., iRobot Corporation, Koninklijke Philips N.V., LG Electronics Inc., Neato Robotics Inc., Intellibot Robotics LLC., Yujin Robot Co. Limited, and Samsung Electronics Co. Limited.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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