# Robotic Vacuum Cleaners Market to Gain Over 75% of Revenue from In-house Robots Sales: FMI Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2022-02-17 Category: Research Reports Category URL: https://financedigest.com/category/research-reports Meta Title: Global Robotic Vacuum Cleaners Market: Future Trends & Meta Description: Discover how factors like AI integration and smart home trends are driving the expansion of the global robotic vacuum cleaners market. Request a sample report URL: https://financedigest.com/robotic-vacuum-cleaners-market-to-gain-over-75-of-revenue-from-in-house-robots-sales-fmihtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/research-report-1736816214820-compressed.jpg) _A detailed study published by Future Market Insights (FMI) uncovers micro & macro-economic factors facilitating the growth in the robotic vacuum cleaners_ _market. The report emphasizes on highlighting opportunities_ _pushing sales across various segments in terms of robot type, mode of charging, and sales channel._ Future Market Insights (FMI), Dubai:As per a recent survey by FMI, the [global robotic vacuum cleaners market](https://www.futuremarketinsights.com/reports/robotic-vacuum-cleaners-market) is estimated to top US$ 3.5 Bn in 2021. Rapidly improving standard of living and growing working population across the U.S., China, Germany, and Japan is favoring the growth in the market. Over the past assessment period, demand for robotic vacuum cleaners grew at 5.6% CAGR between 2016 and 2020. With increasing penetration of smart appliances, integrated with artificial intelligence (AI) and [internet of things](https://www.financedigest.com/2017-the-year-of-the-internet-of-some-things.html "2017 – The year of the Internet of ‘SOME’ Things") (IoT), sales are expected to burgeon. On account of this, the **robotic vacuum cleaners market is projected to total US$ 13.7 Bn by 2031**. **Request a report sample to gain comprehensive insights at** [**https://www.futuremarketinsights.com/reports/sample/rep-gb-11949**](https://www.futuremarketinsights.com/reports/sample/rep-gb-11949) In addition to this, with hectic lifestyle and time consuming household chores, demand for robotic vacuum cleaners among millennials is expected to propel. Against this backdrop, as per the study, the market is poised to expand at an [impressive 14.5% CAGR during the forecast](https://www.financedigest.com/shopifys-revenue-forecast-fails-to-impress-shares-fall.html "Shopify’s revenue forecast fails to impress, shares fall") period 2021-2031. As inclination towards automated [home appliances is surging](https://www.financedigest.com/home-battery-sales-in-germany-may-surge-59-this-year-study.html "Home battery sales in Germany may surge 59% this year -study"), numerous market players are launching novel products. For instance, iRobot Corp, a leading consumer robotics manufacturer, [announced launching](https://www.financedigest.com/pega-pool-announces-the-official-launch-of-its-eco-friendly-bitcoin-mining-pool.html "PEGA Pool Announces the Official Launch of Its Eco-friendly Bitcoin Mining Pool") new Roomba iSeries robot vacuums – i3+ and i3 across India in 2021. A multiplicity of such product launches is estimated to [rise the robotic vacuum cleaners sales](https://www.financedigest.com/uk-new-car-sales-rise-17-in-march-best-ever-month-for-evs.html "UK new car sales rise 17% in March; best ever month for EVs") by 3.9X through 2031. Additionally, increasing use of robotic vacuum cleaners across commercial sector to clean pools, floors, lawns, and gutters has assisted the market to expand by 12.9% year-over-year growth in 2021. Based on robot type, the in-house robot segment is anticipated to exhibit the fastest growth in the market, accounting for nearly 75.9% of the overall sales in 2021. Growing trend of smart homes and surging demand for automated devices to decrease human intervention for household tasks are driving the growth in the segment. _“Key manufacturers are emphasizing on developing more advanced products with innovative [features](https://www.financedigest.com/exploring-the-key-features-of-bnpl-solutions.html "Exploring the key features of BNPL solutions") such as laser vision, smartphone connectivity, self-charging, and ultraviolet (UV) sterilization by integrating cutting-edge technologies such as AI and IoT. This is expected to accelerate the growth in the market,”_ **says a FMI** [ analyst. **Key Takeaways from** **Robotic Vacuum Cleaners** **Market Study** - The U.S. is projected to hold the lion’s share in the North America market, accounting for around 91.5% of the sales in the region by 2021. - The U.K. is forecast to remain a dominant market in Europe, expanding at a robust **CAGR of 7.5%** during the assessment period. - India is estimated to register a swift growth in the South Asia market, accounting for over 36.9% of the share in 2021. - South Korea and Japan are expected to account for 14.8% and 53.4% of [revenue share](https://www.financedigest.com/orpea-shares-jump-on-q4-revenue-and-cash-boost.html "Orpea shares jump on Q4 revenue and cash boost") in the East Asia robotic vacuum cleaners market through 2021. - On the basis of mode of charging, auto battery charging is anticipated to emerge as the most remunerative segment, accounting for 70.9% of the total sales in 2021. **View TOC and Reports Preview@** [https://www.futuremarketinsights.com/reports/robotic-vacuum-cleaners-market](https://www.futuremarketinsights.com/reports/robotic-vacuum-cleaners-market) **Key Drivers** - Increasing application of outdoor robots for cleaning lawns, swimming pools, and [cutting grass among others across the residential and commercial](https://www.financedigest.com/cutting-business-costs-pros-of-using-commercial-heat-pumps-in-2016.html "Cutting business costs: Pros of using commercial heat pumps in 2016") sectors is propelling the demand across the outdoor robots segment. - Growing inclination towards shopping via e-commerce platforms and rising availability of several local and international brand products such as Amazon, eBay, and Alibaba is fueling the [sales in the online retailer](https://www.financedigest.com/uk-retailers-turn-positive-on-sales-hopes-after-bleak-winter.html "UK retailers turn positive on sales hopes after bleak winter") segment. **Key Restraints** - High initial cost and cost of maintenance of robotic vacuum cleaners is hindering the sales in the market. - High [power consumption and shorter operational period of robotic vacuum cleaners are hampering the growth in the market](https://www.financedigest.com/eus-planned-reforms-aim-to-better-protect-power-bills-from-market-swings.html "EU’s planned reforms aim to better protect power bills from market swings"). **Competitive Landscape** As per FMI, the leading players in the global market are Koninklijke Philips N. V, LG Electronics, Robert Bosch GmbH, Samsung Corporation and Dyson Ltd. These companies are estimated to collectively account for around 42% of the sales in 2021. Top tier manufacturers focusing on intensive research and development (R&D) [initiatives to introduce innovative](https://www.financedigest.com/taylor-fay-homes-recruit-cordant-projects-for-innovative-property-initiative.html "Taylor Fay homes recruit Cordant Projects for innovative property initiative") products and services in the market to expand their product portfolio. Some of the players are aiming at strategic collaborations, partnership, mergers, and acquisitions to strengthen their global footprint. For instance, - In July 2021, Evocas Robotics, a [Chinese technology](https://www.financedigest.com/chatgpt-mania-pumps-up-chinese-ai-technology-stocks.html "ChatGPT mania pumps up Chinese AI technology stocks") company, announced launching four f Advance Robotic Vacuum Cleaners – DEEBOT U2 PRO, DEEBOT 500, DEEBOT OZMO T8, and DEEBOT OZMO 950 in India. These Vacuum Cleaners are incorporated with smart anti-collision technology called, Millimeter-level obstacle detection and avoidance. This will assist the company to expand their product portfolio and increase their market share. - In November 2019, iRobot Corp., an American technology company along with an American worldwide manufacturing services company, Jabil, Inc., announced has expanding their manufacturing operations in Malaysia. This will assist the companies to increasing the production and strengthen their footprint across Asia Pacific. **We Offer tailor-made Solutions to fit Your Requirements, Request Customization@** [https://www.futuremarketinsights.com/customization-available/rep-gb-11949](https://www.futuremarketinsights.com/customization-available/rep-gb-11949) **Some of the key players operating in the market profiled by FMI are:** - Koninklijke Philips N. V - LG Electronics - Robert Bosch GmbH - Samsung Corporation - Dyson Ltd. - iRobot Corporation - Panasonic Corporation - Xiaomi - ECOVACS - Proscenic - Neato Robotics, Inc. - Yujin Robot, Co., Ltd. - Hayward Industries, Inc. - Pentair plc - Milagrow Business & Knowledge Solutions (Pvt.) Limited. **More Valuable Insights on** **Robotic Vacuum Cleaners** **Market** The latest report by FMI provides a detailed analysis of the global robotic vacuum cleaners market, providing credible insights into key factor driving the [market through 2021 and beyond](https://www.financedigest.com/beyond-the-pill-strategy-to-be-the-centerpoint-of-high-content-screening-market.html "“Beyond the Pill” Strategy to be the CenterPoint of High Content Screening Market"). The study also disclosed growth projections on in robotic vacuum cleaners market with detailed segmentation: **By Robot Type:** - Outdoor Robot - In-House Robot **By Mode of Charging:** - Manual Charging - Auto-Battery Charging **By Sales Channel:** - Direct Sales - Specialty Stores - Department Stores - Online Retailers - Other Sales Channel (Convenient Stores/Independent Stores) **By Region:** - North America - Latin America - Europe - East Asia - South Asia - Oceania - Middle East and Africa **For any Queries Linked with the Report, Ask an Analyst@** https://www.futuremarketinsights.com/ask-question/rep-gb-11949 **Key Questions Covered in the Report** - The [report offers insight into robotic vacuum cleaners](https://www.financedigest.com/bank-finance-for-cleaner-energy-grows-but-still-lags-fossil-fuels-report.html "Bank finance for cleaner energy grows, but still lags fossil fuels – report") market demand outlook for the forecast period 2021-2031 - The market study also [highlights](https://www.financedigest.com/atlantia-exit-highlights-milans-battle-to-retain-market-heavyweights.html "Atlantia exit highlights Milan’s battle to retain market heavyweights") projected sales growth for robotic vacuum cleaners market between 2021 and 2031 - Robotic vacuum cleaners market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market [size and forecast and technological](https://www.financedigest.com/all-shapes-and-sizes-how-to-match-your-technology-to-your-finances.html "All shapes and sizes: How to match your technology to your finances") advancements within the industry - Robotic vacuum cleaners market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others ### **Explore FMI’s Extensive Coverage on Consumer Product Domain** ### [Mechanical Locks Market](https://www.futuremarketinsights.com/reports/mechanical-locks-market): Mechanical Locks Market Will Grow by 4% CAGR as Demand for Deadlocks Burgeons in the Residential Sector ### [Blanket Market](https://www.futuremarketinsights.com/reports/blanket-market): Global Blanket Market is Projected to Grow Owing to the Rise in Demand for Machine-Washable and Stain-Resistant Blankets. ### [Winter Wear Market](https://www.futuremarketinsights.com/reports/winter-wear-market): Increasing Recreational Activities and Aerogel Material Technology is expected to boost the Sales for Winter Wear. **Contact:** Future Market Insights, 1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A, Jumeirah Lakes Towers, Dubai, United Arab Emirates **For Sales Enquiries:** [sales@futuremarketinsights.com](http://sales@futuremarketinsights.com) **For Media Enquiries:** [press@futuremarketinsights.com](http://press@futuremarketinsights.com) **Website:** [https://www.futuremarketinsights.com/](https://www.futuremarketinsights.com) **Report:** [https://www.futuremarketinsights.com/reports/robotic-vacuum-cleaners-market](https://www.futuremarketinsights.com/reports/robotic-vacuum-cleaners-market) **Press Release Source:** [https://www.futuremarketinsights.com/press-release/robotic-vacuum-cleaners-market](https://www.futuremarketinsights.com/press-release/robotic-vacuum-cleaners-market) --- This blog is powered by Superblog. 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