Robot is an electromechanical device, utilized in industrial and domestic applications. The growth in the cleaning robot market is led by innovation and modernization in the field of robotics. A future wherein day-to-day tasks are performed by robots has for long been researched by several scientists and futurists. Technological advancements and research activities have led to the development of cleaning robots. Another factor which drives the cleaning robot market is technological improvements in vacuum cleaners, highly advanced and efficient cleaning appliances.
Cleaning robots are being increasingly adopted by various verticals such as residential, commercial, industrial, and healthcare. The global cleaning robot market is estimated to be valued at USD 1.23 billion in 2015 at a CAGR of 15.3% from 2015 to 2020. The North American region held the largest share of 39.9% of the cleaning robot market, in 2014. The growth in the cleaning robot market in North America is driven by various factors such as presence of well-established cleaning robot manufacturers and high labor costs.
The cleaning robot market has been segmented into products, including floor robot, lawn robot, pool robot, window robot, and others. Floor cleaning robots are mainly used in residential, commercial, healthcare, and industrial sectors, while lawn cleaning robots are mainly preferred in residential and commercial sectors. In 2014, floor cleaning robot accounted for the largest share of 59.8% of the global cleaning robot market, followed by the lawn cleaning robot that accounted for 17.0% of the total market share.
With the introduction of artificial intelligence and increase in automation of household appliances, robotic vacuum cleaners are quickly taking over the household vacuum cleaners. Robots can perform certain tasks faster and more accurately than humans, which increases its productivity and helps reduce the costs incurred in employing domestic helpers. Despite the high initial investment of robotic vacuums, many consumers are considering it as a potential money saving option that will effectively replace costly cleaning services. In countries, which tend to have high labor costs, robots are often used to replace human workers. The use of robots is made to carry out specific tasks that may be difficult or dangerous for human workers.
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Some of the major players operating in the global cleaning robot market include Dyson Ltd. (Cotswolds, U.K.), Ecovacs Robotics, Inc. (U.S.), Infinuvo (U.S.), iRobot Corporation (Bedford, MA), Koninklijke Philips N.V. (Netherlands), LG Electronics, Inc. (Seoul, South Korea), Neato Robotics, Inc. (Newark, U.S.), Samsung Electronics Co., Ltd. (Suwon, South Korea), and Yujin Robot Co., Ltd. (Seoul, South Korea). Most of the companies have adopted various strategies such as new product development, mergers & acquisitions, and partnerships among others to sustain in the global cleaning robot market.
