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    Home » Robotic vacuum cleaner market size to grow by USD 4.66 billion from 2021 to 2026, Changing lifestyles and tech-savvy population to drive growth – Technavio

    Robotic vacuum cleaner market size to grow by USD 4.66 billion from 2021 to 2026, Changing lifestyles and tech-savvy population to drive growth – Technavio

    adminBy adminMarch 2, 2023 Media No Comments14 Mins Read
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    NEW YORK, March 1, 2023 /PRNewswire/ — The robotic vacuum cleaner market size is expected to grow by USD 4.66 billion from 2021 to 2026. Moreover, the growth momentum of the market will accelerate at a CAGR of 17.8% during the forecast period. Changing lifestyles and tech-savvy population are driving the market growth. There is an increased preference for automation owing to the increasing popularity of smart homes and smart appliances. The rise in the tech-savvy population has increased the preference for products that are technical and help in easing workloads. Owing to evolving lifestyles and busy schedules, consumers prefer to use advanced technologies for cleaning operations. These factors will influence the robotic vacuum cleaner market growth during the forecast period. For more insights on the historic (2017 to 2021) and forecast market size (2023 to 2027) – Request a sample report.

    Technavio has announced its latest market research report titled Global Robotic Vacuum Cleaner Market 2022-2026
    Technavio has announced its latest market research report titled Global Robotic Vacuum Cleaner Market 2022-2026

    Major robotic vacuum cleaner companies:

    • AB Electrolux – The company offers robotic vacuum cleaners such as Pure i9 robotic vacuum cleaner and robotic vacuum cleaner 3D vision.
    • Dyson Ltd. – The company offers robotic vacuum cleaners such as V8 Absolute vacuum cleaner and Dyson V15 Detect Absolute vacuum.
    • Ecovacs Robotics Inc. – The company offers robotic vacuum cleaners such as DEEBOT X1 OMNI Black and DEEBOT T10 PLUS.
    • ILIFE INNOVATION Ltd. – The company offers robotic vacuum cleaners such as V3s Max and V50 Power.
    • Irobot Corp. – The company offers robotic vacuum cleaners such as Roomba j7 Series and Roomba i3 Series

    Robotic Vacuum Cleaner Market Product Outlook (Revenue, USD bn, 2021-2026)

    • Residential – size and forecast 2021-2026
    • Commercial – size and forecast 2021-2026

    The residential segment will account for a significant share of the market’s growth during the forecast period. There is a high growth potential for robotic vacuum cleaners in the residential sector, as only one-tenth of the total addressable market has been penetrated by vendors. As a result, many new players, including those specializing in consumer electronics products, have entered the market. In addition, the trend of online retailing in the residential sector will fuel product sales during the forecast period.

    Robotic Vacuum Cleaner Market Geography Outlook (Revenue, USD bn, 2021-2026)

    • APAC – size and forecast 2021-2026
    • North America – size and forecast 2021-2026
    • Europe – size and forecast 2021-2026
    • Middle East and Africa – size and forecast 2021-2026
    • South America – size and forecast 2021-2026

    APAC will account for 41% of the market’s growth during the forecast period. China and Japan are the key countries for the robotic vacuum cleaner market in the region. Moreover, market growth in APAC will be faster than the growth of the market in other regions. Factors such as high awareness about robotic solutions and an increase in the aging population will drive the robotic vacuum cleaner market growth in APAC during the forecast period.

    Get a glance of the market contribution of various segments including country and region wise, historic (2017 to 2021) and forecast market size (2023 to 2027) – Request a sample report

    What`s New for 2023?

    • Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
    • Global competitiveness and key competitor positions
    • Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial

    Why buy?

    • Add credibility to strategy
    • Analyzes competitor’s offerings
    • Get a holistic view of the market

    Grow your profit margin with Technavio – Buy the report!

    Related Reports:

    The robotic lawn mower market is estimated to grow at a CAGR of 15.73% between 2022 and 2027. The size of the market is forecast to increase by USD 1,069.21 million. This report extensively covers market segmentation by end-user (residential and commercial), distributional channel (offline and online), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

    The residential robotic vacuum cleaner market size is expected to increase by USD 4.11 billion from 2021 to 2026. Furthermore, this report extensively covers residential robotic vacuum cleaner market segmentation by product (robot vacuum cleaner only and robot vacuum cleaner and mop), charging (manual charging and automatic charging), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

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    Robotic Vacuum Cleaner Market Scope

    Report Coverage

    Details

    Base year

    2021

    Forecast period

    2022-2026

    Growth momentum & CAGR

    Accelerate at a CAGR of 17.8%

    Market growth 2022-2026

    USD 4.66 billion

    Market structure

    Fragmented

    YoY growth 2021-2022 (%)

    25.37

    Regional analysis

    APAC, North America, Europe, Middle East and Africa, and South America

    Performing market contribution

    APAC at 41%

    Key countries

    US, China, Japan, Germany, UK, US, China, Japan, Germany, UK, Canada, Mexico, Italy,Spain, Australia, and South Korea

    Competitive landscape

    Leading vendors, market positioning of vendors, competitive strategies, and industry risks

    Key companies profiled

    AB Electrolux, AirCraft Home Ltd, Corvan Asia Sdn Bhd, Cyberdyne Inc., Dyson Ltd., Ecovacs Robotics Inc., Electrodomesticos Taurus SL, Groupe SEB, ILIFE INNOVATION Ltd., Irobot Corp., Koninklijke Philips NV, LG Electronics Inc., Milagrow Business and Knowledge Solutions Pvt Ltd, Neato Robotics Inc., Panasonic Corp, Proscenic, Robert Bosch GmbH, Samsung Electronics Co. Ltd., SharkNinja Operating LLC, Sharp Corp., Trifo Inc., Vorwerk SE and Co. KG, and Xiaomi Inc

    Market dynamics

    Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

    Customization purview

    If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

    Browse for Technavio industrials market reports

    Table of contents

    1 Executive Summary

    • 1.1 Market overview 
      • Exhibit 01: Executive Summary – Chart on Market Overview
      • Exhibit 02: Executive Summary – Data Table on Market Overview
      • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
      • Exhibit 04: Executive Summary – Chart on Market by Geography
      • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
      • Exhibit 06: Executive Summary – Chart on Incremental Growth
      • Exhibit 07: Executive Summary – Data Table on Incremental Growth
      • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

    2 Market Landscape

    • 2.1 Market ecosystem 
      • Exhibit 09: Parent market
      • Exhibit 10: Market Characteristics

    3 Market Sizing

    • 3.1 Market definition 
      • Exhibit 11: Offerings of vendors included in the market definition
    • 3.2 Market segment analysis 
      • Exhibit 12: Market segments
    • 3.4 Market outlook: Forecast for 2021-2026 
      • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary 
      • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers 
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers 
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants 
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes 
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry 
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition 
      • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments 
      • Exhibit 24: Chart on Product – Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product – Market share 2021-2026 (%)
    • 5.2 Comparison by Product 
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Residential – Market size and forecast 2021-2026
      • Exhibit 28: Chart on Residential – Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Residential – Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Residential – Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Residential – Year-over-year growth 2021-2026 (%)
    • 5.4 Commercial – Market size and forecast 2021-2026
      • Exhibit 32: Chart on Commercial – Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Commercial – Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Commercial – Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Commercial – Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Product 
      • Exhibit 36: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview 
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation 
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison 
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC – Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC – Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC – Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC – Year-over-year growth 2021-2026 (%)
    • 7.4 North America – Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)
    • 7.5 Europe – Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa – Market size and forecast 2021-2026 
      • Exhibit 54: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • 7.7 South America – Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)
    • 7.8 US – Market size and forecast 2021-2026
      • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
    • 7.9 China – Market size and forecast 2021-2026
      • Exhibit 66: Chart on China – Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China – Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China – Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China – Year-over-year growth 2021-2026 (%)
    • 7.10 Japan – Market size and forecast 2021-2026
      • Exhibit 70: Chart on Japan – Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Japan – Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Japan – Year-over-year growth 2021-2026 (%)
    • 7.11 Germany – Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 (%)
    • 7.12 UK – Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK – Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK – Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK – Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK – Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography 
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.3 Impact of drivers and challenges 
      • Exhibit 83: Impact of drivers and challenges in 2021 and 2026

    9 Vendor Landscape

    • 9.2 Vendor landscape 
      • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
    • 9.3 Landscape disruption 
      • Exhibit 85: Overview on factors of disruption
    • 9.4 Industry risks 
      • Exhibit 86: Impact of key risks on business

    10 Vendor Analysis

    • 10.1 Vendors covered 
      • Exhibit 87: Vendors covered
    • 10.2 Market positioning of vendors 
      • Exhibit 88: Matrix on vendor position and classification
    • 10.3 AB Electrolux 
      • Exhibit 89: AB Electrolux – Overview
      • Exhibit 90: AB Electrolux – Business segments
      • Exhibit 91: AB Electrolux – Key news
      • Exhibit 92: AB Electrolux – Key offerings
      • Exhibit 93: AB Electrolux – Segment focus
    • 10.4 Dyson Ltd. 
      • Exhibit 94: Dyson Ltd. – Overview
      • Exhibit 95: Dyson Ltd. – Product / Service
      • Exhibit 96: Dyson Ltd. – Key offerings
    • 10.5 Ecovacs Robotics Inc. 
      • Exhibit 97: Ecovacs Robotics Inc. – Overview
      • Exhibit 98: Ecovacs Robotics Inc. – Product / Service
      • Exhibit 99: Ecovacs Robotics Inc. – Key offerings
    • 10.6 ILIFE INNOVATION Ltd. 
      • Exhibit 100: ILIFE INNOVATION Ltd. – Overview
      • Exhibit 101: ILIFE INNOVATION Ltd. – Product / Service
      • Exhibit 102: ILIFE INNOVATION Ltd. – Key offerings
    • 10.7 Irobot Corp. 
      • Exhibit 103: Irobot Corp. – Overview
      • Exhibit 104: Irobot Corp. – Product / Service
      • Exhibit 105: Irobot Corp. – Key offerings
    • 10.8 Koninklijke Philips NV 
      • Exhibit 106: Koninklijke Philips NV – Overview
      • Exhibit 107: Koninklijke Philips NV – Business segments
      • Exhibit 108: Koninklijke Philips NV – Key news
      • Exhibit 109: Koninklijke Philips NV – Key offerings
      • Exhibit 110: Koninklijke Philips NV – Segment focus
    • 10.9 LG Electronics Inc. 
      • Exhibit 111: LG Electronics Inc. – Overview
      • Exhibit 112: LG Electronics Inc. – Business segments
      • Exhibit 113: LG Electronics Inc. – Key news
      • Exhibit 114: LG Electronics Inc. – Key offerings
      • Exhibit 115: LG Electronics Inc. – Segment focus
    • 10.10 Panasonic Corp 
      • Exhibit 116: Panasonic Corp – Overview
      • Exhibit 117: Panasonic Corp – Business segments
      • Exhibit 118: Panasonic Corp – Key news
      • Exhibit 119: Panasonic Corp – Key offerings
      • Exhibit 120: Panasonic Corp – Segment focus
    • 10.11 Samsung Electronics Co. Ltd. 
      • Exhibit 121: Samsung Electronics Co. Ltd. – Overview
      • Exhibit 122: Samsung Electronics Co. Ltd. – Business segments
      • Exhibit 123: Samsung Electronics Co. Ltd. – Key news
      • Exhibit 124: Samsung Electronics Co. Ltd. – Key offerings
      • Exhibit 125: Samsung Electronics Co. Ltd. – Segment focus
    • 10.12 Sharp Corp. 
      • Exhibit 126: Sharp Corp. – Overview
      • Exhibit 127: Sharp Corp. – Business segments
      • Exhibit 128: Sharp Corp. – Key news
      • Exhibit 129: Sharp Corp. – Key offerings
      • Exhibit 130: Sharp Corp. – Segment focus

    11 Appendix

    • 11.2 Inclusions and exclusions checklist 
      • Exhibit 131: Inclusions checklist
      • Exhibit 132: Exclusions checklist
    • 11.3 Currency conversion rates for US$ 
      • Exhibit 133: Currency conversion rates for US$
    • 11.4 Research methodology 
      • Exhibit 134: Research methodology
      • Exhibit 135: Validation techniques employed for market sizing
      • Exhibit 136: Information sources
    • 11.5 List of abbreviations 
      • Exhibit 137: List of abbreviations

    About Technavio

    Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

    With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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    Technavio Research
    Jesse Maida
    Media & Marketing Executive
    US: +1 844 364 1100
    UK: +44 203 893 3200
    Email: [email protected]
    Website: www.technavio.com/

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