The Cleaning Robots Market is expected to register a CAGR of 23. 3% during the forecast period (2022 – 2027). Technological innovation and modernization, coupled with the changing lifestyle of people, are the major factors propelling the growth of robotics for various purposes.
New York, Feb. 07, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Cleaning Robot Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” – https://www.reportlinker.com/p06227797/?utm_source=GNW
Increased adoption of smart home devices is augmenting the growth of cleaning robotics for domestic as well as industrial uses.
Key Highlights
Also, the rise in labor costs and increasing safety concerns have further boosted the market growth. The various applications of cleaning robots range from floor cleaning, window cleaning, pool cleaning, etc. The use of cleaning robots minimizes human efforts and saves time, costs, and electricity.
However, the costs involved in deploying the cleaning robots are a major factor restraining the market growth for the majority of the population. Cleaning robots are expected to replace the traditional vacuum cleaner as it replaces human efforts with automation and also save electricity. However, the costs involved as compared to a vacuum cleaner are expected to hinder the adoption of cleaning robots.
Also, the people in emerging economies such as India and China still rely on labor or traditional vacuum cleaner for cleaning purposes.
Due to the pandemic, autonomous cleaning and disinfection robots were widely used in hospitals. They can kill germs with UV light. AMRs with robotic arms are used to carry out simple diagnostics, such as taking a patient’s temperature, thereby reducing contact, while the medical staff determines whether a patient has a highly infectious disease.
Key Market Trends
Pool-cleaning Robots in Commercial and Domestic Use Segment is Expected to Grow Significantly
The pool-cleaning robots are expected to grow significantly during the forecast period owing to the need for automation in pool-cleaning in the domestic and commercial sectors. The changing urban lifestyle of people is a major factor driving the growth of the market. People have more disposable income, and pools in homes are becoming essentials to maintain luxury. However, maintaining a pool and cleaning is a tedious task, and hence, people are looking out for an automated solution to overcome the challenges.
Pool-cleaning robots have automated features and can remove dirt and debris from the pools and can scrub the surface of the pools. Manual cleaning of pools requires a lot of effort and is time-consuming. However, the introduction of the pool-cleaning robot has simplified the process of cleaning.
Pool-cleaning robots are an advanced, efficient, and cost-effective version of traditional pool-cleaning equipment. It collects debris and sediments from swimming pools with minimal human intervention. Hence, the benefits offered by these robots are expected to boost the growth of the Cleaning Robot Market.
Further, the pool-cleaning robots are expected to increase in adoption from both domestic as well as commercial applications. The growth of the luxurious hotel industry and the increase in the number of swimming pools for training purposes are expected to increase the market adoption of pool-cleaning robots.
Asia Pacific Expected to Exhibit Maximum Adoption Rate
The Asia Pacific region is expected to show the maximum adoption of cleaning robots in the forecast period. The major factor boosting the market growth in the region is the gradual rise in the disposable income of the consumers in the region and the rapid change in the lifestyles of the people.
Also, the major players are expanding their presence in the emerging countries to grab the maximum market share the region offers. For instance, Brain Corp. partnered with a Japanese company, in September 2019, Softbank Robotics, to expand its products to the Asia-Pacific region, with the launch of Whiz, the new AI-enabled vacuum-cleaning robot, to commercial customers on a trial and subscription model in Singapore, bringing the smart appliance to the country.
Also, the companies in the region are launching new and technologically-enhanced cleaning robots in the region to expand their market share and reach. As the region is still in its developing stage in terms of the adoption of cleaning robots, it is expected to present various opportunities to the vendors for expansion.
In response to increased global demand, Chinese robotic vacuum cleaner manufacturers are attempting to establish their presence in other markets. For example, in the first six months of 2021, Beijing Roborock Technology Co. Ltd’s export income increased by 124 %year on year to CNY 1.26 billion (USD 194.1 million). About half of the company’s total revenue comes from this source.
Competitive Landscape
The competitive landscape of the cleaning robot market is moderately consolidated due to the presence of few vendors in the market coupled with new players entering the market with new products and solutions and capturing the market share. Although the cleaning robot is still developing, various existing, as well as various start-ups, have begun conducting experiments and partnering with various electronic component manufacturers to provide efficient cleaning equipment integrated with all the major technologies.
March 2021- Xiaomi introduced “Robot” Vacuum Cleaner in Indonesia. The device comes with a smart control that connects to the Mi Home app. Users might control the product directly from their smartphones using the app.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
Read the full report: https://www.reportlinker.com/p06227797/?utm_source=GNW
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
__________________________
CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
Credit: Source link
