Robotic vacuum cleaners made a debut on the global stage almost two decades ago, however, it is only in recent years that they are beginning to become commonplace. From Trilobite, the first of these machines launched in the late 90s by Electrolux, to Roomba, developed by iRobot in the early 2000s, these machines have come a long way. Thanks to technological innovations, manufacturers have been able to add cleaning power and convenience features on the way to develop highly efficient and fully mechanized robotic vacuum cleaners.
Commonly known as robovacs, robotic vacuum cleaners are primarily meant for residential cleaning needs, such as gutters, pools, and floors. It is the combination of design, components, and technology that allows the machine to carry out superhuman functions – cleaning tight corners and hard-to-reach surfaces, for instance. Equipped with intelligent sensors, room mapping, laser vision, self-charging, and other features, these machines can take care of the most laborious cleaning tasks quite easily.
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Due to the aforementioned advantages of these systems, the global market for residential robotic vacuum cleaners is expected to be valued at US$2.4 bn by the end of 2021. It was valued at close to US$1.2 bn by the end of 2015, says Persistence Market Research (PMR). This translates to a CAGR of 12.0% between 2015 and 2021.
The residential robotic vacuum cleaner market will be treading a positive growth trajectory in the coming years. In emerging economies, increasing disposable income of consumers is driving the adoption of newer means for household management. Consequently, rising inclination for mechanized cleaning solutions and newer cleaning solutions is expected to favor the progression of the robotic vacuum cleaner market. In this market, product innovation, investments in R&D, and increasing count of market players are further leading to development of this market.
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PMR charts out the major segments of the residential robotic vacuum cleaner market and the observations with respect to them:
In-house and outdoor robots are the segments of the market on the basis of robot type; of the two, in-house robots command dominance in terms of both value and volume. This segment accounted for 83.3% of the overall market with a valuation of more than US$1 bn at the end of 2015. Further, the segment is expected to expand at a CAGR of 9.90% during the 2015-2021 forecast period, however, it is the outdoor robot segment that is expected to exhibit the higher CAGR for the period. In 2014, the volume production of in-house robots was 1,309.1 thousand units. The provision of manual as well as automated charging adds to the functionality of in-house robots.
By mode of charging, the market is divided into the segments of manual charging and auto battery charging. Of these, the manual charging segment will expand at a CAGR of 12.0% from 2015 to 2021. The market valuation of the segment of auto battery charging will be US$1.7 bn by 2021.
Europe is the dominant regional market for residential robotic vacuum cleaners and accounted for close to 45% of the global market by the end of 2015.