The cleaning robot sector is anticipated to expand from US$ 2,475.9 million in 2018 to US$ 8,441.3 million by 2025, reflecting a compound annual growth rate (CAGR) of 19.2% during this period.
The surge in automation within household devices, coupled with the fast-paced lifestyle prevalent in urban settings, is propelling the growth of this market.
Cleaning robots are specialized machines designed for various cleaning tasks across different user categories, including residential, commercial, and industrial sectors. These robots are employed for numerous applications such as floor cleaning, lawn maintenance, pool sanitation, window washing, and additional tasks like gutter cleaning and litter removal. As automation becomes more integrated into various industries and user environments, the cleaning robot market is poised for significant expansion in the upcoming years.
Regionally, the market is currently led by developed areas such as Asia Pacific (APAC) and North America. The Asia Pacific region is expected to not only be the largest but also the fastest-growing market, driven by rapid advancements in smart city initiatives and the increasing adoption of automation technologies. Key contributors to the growth of the cleaning robot market in APAC include Japan, South Korea, and China.
The robust economic progress in Asian countries has resulted in enhanced per capita spending capabilities. Over recent years, major economies in the region, including China, India, Japan, Singapore, South Korea, and Vietnam, have experienced significant economic growth, which has positively impacted the service robots sector.
Asia Pacific is leading a global trend characterized by the growing complexity of the cleaning robot market. Recent findings indicate that consumers in APAC are increasingly inclined to automate their household chores, largely due to rapid urbanization and busy lifestyles. The rising adoption of domestic service robots is expected to play a crucial role in the growth of the cleaning robot market throughout the forecast period.
Chinese firms are swiftly gaining dominance in the global robotics market. At the recent IFA consumer electronics trade show in Berlin, it was reported that 90% of the personal robots showcased were produced by Chinese manufacturers. This growth in the service robot sector in China can be attributed to a rise in international mergers and acquisitions, partnerships, and the establishment of overseas research and development centers.
South Korea is witnessing significant advancements in its robotics industry, with major technology companies like LG introducing innovative robots aimed at replacing human workers in airports, hotels, and supermarkets. Continued investment in this sector is expected to further stimulate the demand for cleaning robots in the country. Japan remains a pivotal player in the global robotics technology landscape, and the declining workforce in the nation is likely to increase the demand for service robots.
The cleaning robot market is categorized based on type, end user, and geographical location. In terms of type, the market is divided into segments such as floor cleaning, lawn cleaning, pool cleaning, and window cleaning. Regarding end users, the market is classified into residential, commercial, and industrial segments. Geographically, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Key players in the cleaning robot market include iROBOT, Neato Robotics, Inc., Samsung Electronics Co., Ltd., LG Electronics, Koninklijke Philips N.V., Dyson Limited, Ecovacs Robotics, Inc., Panasonic Corporation, Alfred K?rcher GmbH & Co. KG., and TASKI Intellibot, all of whom are featured in this market analysis.
In recent years, the European service robot industry has seen considerable growth, presenting substantial opportunities for market participants in the future. The region is well-positioned to invest both financially and intellectually in the market, aiming to gain long-term advantages from service robots.
Significant advancements have occurred in Europe, driven by key technological innovations that have raised public awareness regarding service robots. The potential for service robots in Europe is expected to extend beyond initial applications, encompassing domestic uses, educational entertainment, and assistive living. The overall growth potential for these robots in Europe is regarded as exceptionally high.