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Global Cleaning Robot Market Expected to Grow at 15.3% CAGR During 2015-2020

Reviewed

Oct 20 2015

Research and Markets has announced the addition of the "Cleaning Robot Market by Product (Floor Robot, Pool Robot, Window Robot, Lawn Robot, Others), by Vertical (Residential, Commercial, Industrial, Healthcare, Others), by Region (North America, Europe, Asia-Pacific, RoW) - Global Forecast to 2020" report to their offering.

The cleaning robot market was valued at USD 1.04 Billion in 2014, and is expected to reach USD 2.50 Billion by 2020, at a CAGR of 15.3% from 2015 to 2020.

The cleaning robot market has been segmented based on products into floor robot, lawn robot, pool robot, window robot, and others. Others include products such as mobile air purification robot, HVAC duct cleaning robot, and solar panel cleaning robot. Cleaning robot is widely used in different vertical segments such as residential, commercial, industrial, and healthcare for the purpose of cleaning floors, windows, pools, and lawns.

With the introduction of artificial intelligence and increase in the automation of household appliances, robotic vacuum cleaners are quickly taking over the household vacuum market. Robots can perform certain tasks faster and more accurately than humans, which increases their productivity and helps reduce costs incurred in employing domestic helpers. One of the important drivers of cleaning robot is their small size and they can fit into a limited space. The most important challenge for the growth of the cleaning robot market is the way these robots perceive the unstructured human environment since they are usually tested in controlled environments. Thus, creating a robot that is proactive and which can foresee the needs of humans, even before it has been given a command to do so is the most significant challenge for the growth of the market.

In this report, the cleaning robot market has been segmented based on product type (Floor Robot, Pool Robot, Window Robot, Lawn Robot, Others), vertical (Residential, Commercial, Industrial, Healthcare, Others), and geography (North America, Europe, Asia-Pacific, RoW). The market size of major countries has also been covered in this report.

Some of the companies involved in the cleaning robot market include Dyson Ltd. (Cotswolds, U.K.), Ecovacs Robotics, Inc. (U.S.), Infinuvo (U.S.), iRobot Corporation (Bedford, U.S.), Koninklijke Philips N.V. (Netherlands), and LG Electronics, Inc. (Seoul, South Korea).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Cleaning Robot Market, By Product

8 Cleaning Robot Market, By Vertical

9 Geographic Analysis

10 Competitive Landscape

11 Company Profiles