Global Autonomous Vacuum Cleaner Market Outlook 2025 Sample – by Goldstein Research

5.2 Market Restraints Global Autonomous Vacuum Cleaner Market Opportunity by Global Independent Living Geriatric Population (Million), 2017 Middle East and Africa

XX

Latin America

XX

Asia-Pacific

 Apart from traditional robots, key growth markets include military robots, commercial drones and professional and consumer cleaning robots. The leader in home cleaning robots is iRobot (IRBT), best known for its Roomba vacuum. This month, iRobot said it would sell its defense and security robot business to a private equity firm so it could focus on home robots.

XX

North America

XX

Europe

XX

Global Autonomous Vacuum Cleaner Contribution (%) in Total Production, 2017 N.A USD – XX Billion

EMEA – USD XX Billion

Traditional Vaccums

Autonomus Vaccums

APAC – USD XX Billion Traditional Vaccums Autonomus Vaccums

With robotic demand heating up across many different industries, we believe the total market can sustain a 10%-plus compound annual growth rate through 2020, and anticipate some of the faster-growing segments, such as collaborative robots, autonomous guided vehicles and commercial drones, can sustain 20%-plus annual growth levels for the next several years.

USD XX Billion Annual Opportunity

We believe robot adoption within in the home is quickly approaching an inflection point. Consumers are relying on robot automation to perform daily household chores such as vacuuming, sweeping, mopping, as well as mowing the lawn. In total, we believe households will consume over XX million domestic robots by 2025, which equates to a USD XX Billion market opportunity. While we anticipate robotic vacuums to be the largest domestic sub-market, we believe robotic lawn mowers and wet floor products will also see meaningful adoption in the years to come. Airports, retail stores and warehouses, and hospitality sector across the globe holds the largest opportunity for the market growth. For instance, LG Electronics has deployed two of its commercial robots at the Incheon International Airport to provide automated guiding and cleaning services for the travellers at the airport.

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Global Autonomous Vacuum Cleaner Market Outlook 2025 Sample – by Goldstein Research

Published on Mar 24, 2020

Goldstein Market Intelligence

As much as XX% of the cost of cleaning a floor is labor. Naturally, the high cost of this simple task has inspired alternative solutions. Robotic floor cleaners intended for residential use have grown in prominence over the past several years with the advent of the Roomba and other similar products. Although somewhat more sophisticated, robots intended for commercial floorcleaning and maintenance have also come on the market. Robotics and artificial intelligence technologies have made significant inroads across multiple business sectors. Specifically, robotics offer smart, safe and sustainable solutions to repetitive tasks while allowing organizations and its employees to focus on higher value-added activities.