Robot Vacuum Cleaner Market Share

The reduction in household activities by the use of a robotic vacuum cleaner is the primary factor driving market growth as well as the augmented need for robotic vacuum cleaners.

Robot vacuum cleaner market share.

The statistic shows robotic vacuum cleaner market share worldwide from 2014 to 2019. The report contains basic secondary and advanced information pertaining to the global robotic vacuum cleaners market research report 2019 market global status and trend market size share growth trends analysis segment and forecasts from 2019 2026. Internet of clean ioc will also fuel robotic vacuum cleaner industry growth. The global robotic vacuum cleaner market size was valued at usd 2 56 billion in 2019 and is expected to grow at a compound annual growth rate cagr of 17 7 from 2020 to 2027.

A robot vacuum is usually higher in price than a traditional vacuum though not always. Appliance manufacturers are introducing new devices to enhance the market share. Decreased time for household activities is one of the key factors driving demand for robotic vacuum cleaner. Robotic vacuum cleaner market analysis indicates that the changing lifestyles and tech savvy population will drive market growth.

Moreover the increasing popularity of robot household vacuum cleaners in australia japan and south korea will drive the market growth. Robotic vacuum cleaner market size and forecast. The global robotic vacuum cleaner market is poised to grow by usd 3 7 billion during 2020 2024 progressing at a cagr of almost 18. That s a pretty sizable investment.

Robotic vacuum cleaner market size share covid 19 impact analysis by type floor vacuum cleaner window vacuum cleaner pool vacuum cleaner by application household and commercial by operation mode self drive remote control by distribution channel online offline by price below usd 150 usd 150 300 usd 300 500 above usd 500 and regional forecast 2020 2027. Global robotic vacuum cleaner market size is forecast to grow by usd 3 70 billion during 2020 2024 at a cagr of 18 with residential sector having the largest market share. Robot vacuum cleaners market 2020 global industry research report presents you analysis of market size share and growth trends and cost structure statistical and comprehensive data of the. Irobot is the largest company in the industry by far accounting for around 52 percent of the total robotic.