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Floor Cleaning Robot Market

Floor Cleaning Robot Market

Floor Cleaning Robot Market Global Industry Assessment & Forecast

# Pages:

160

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0843

Segments Covered
  • By Product Infrared sensing technology, Ultrasonic bionic technology
  • By Application Residential, Commercial, Other
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: 9.21 Billion
Revenue 2028Revenue 2028: 41.82 Billion
Revenue CAGRRevenue CAGR (2022 - 2028): 20.82
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Floor Cleaning Robot market was valued at USD 9.21 Billion in 2020 and is projected to reach USD 41.82 Billion by 2028, growing at a CAGR of 20.82% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2026
Annual Market Size (2028) 41.82 Billion
Annual Market Size (2021)
CAGR (2021 - 2028) 20.82%

Definition and Overview

The evolution of IoT, growing penetration of automation in homes, and the smaller size of cleaning robots in comparison to traditional robots have propelled the growth of the cleaning robot market.


The global Floor Cleaning Robot market is segmented based on by Product, Application, regions, and countries. The regional segmentation provides current and forecast demand across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed on the basis of present and future trends. Rising demand for Floor Cleaning Robot  in various countries such as the U.S., Germany, China, India, and Japan, among others is likely to support the growth of the market. Numerous companies are focusing on investing heavily in this application to cater the end user requirements effectively. The report provides comprehensive analysis of the market based on drivers, restraints, opportunities, trends, competition, and industry-authenticated data. The market is estimated from 2016 to 2020 with forecast from 2021 to 2028. 

Yearly Infographics 9.21 Billion 41.82 Billion

Global Floor Cleaning Robot Market: COVID-19 Impact Analysis

The COVID-19 pandemic is affecting industries worldwide and the global economy took hit in 2020 and likely in 2021 as well. The outbreak created disruptions in industries such as semiconductor, consumer electronics, travel, and automotive, among others. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Market Insights

The increasing penetration of automation in household appliances and rise in labor costs and safety concerns is anticipated to augment the growth of the floor cleaning robot market over the forecast period.

The compact size with self-charging capability and extensive use of UV disinfection equipment in healthcare facilities to disinfect hospital premises is further expected to fuel the growth of the floor cleaning robot market in the years to come.

The decreased consumer spending due to COVID-19 and higher cost of personal cleaning robots is expected to hamper the growth of the floor cleaning robot market over the forecast period.

Global Floor Cleaning Robot Market Report Scope

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Product, Application
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered PHILIPS, Yujin Robot, Haier, FMART, TCL, NEATO, Proscenic, Ecovacs, IRobot, IClebo, LIECTROUX, Crucial Vacuum.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and Asia Pacific, company market share analysis, and COVID-19 impact analysis

Market Segmentation

Product  Analysis: Preview

On the basis of Product, the market is segmented into Infrared sensing technology, Ultrasonic bionic technology. Infrared sensing technology  held the leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the forecast timespan. This is due to the increasing adoption of Infrared sensing technology in emerging economies in Asia Pacific region.

Application Analysis: Preview

Based on Application, the market is segmented into Residential, Commercial, Other,. Commercial accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Floor Cleaning Robot Market: Product Segment Analysis

    • Infrared sensing technology
    • Ultrasonic bionic technology

Global Floor Cleaning Robot Market: Application Segment Analysis

    • Residential
    • Commercial
    • Other

Regional Analysis Preview

On the basis of region, the global Floor Cleaning Robot market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region held the largest share of the global Floor Cleaning Robot market in 2020. Some of the major countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. China is one of the most profitable countries for companies operating in the market. 

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Floor Cleaning Robot Market: Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Competitive Landscape

The market comprises of various small, medium, and large sized players spread across all the regions. Some of the key companies operating in the global Floor Cleaning Robot market are PHILIPS, Yujin Robot, Haier, FMART, TCL, NEATO, Proscenic, Ecovacs, IRobot, IClebo, LIECTROUX, Crucial Vacuum.. The report provides company market share analysis which gives a comprehensive overview of the key competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

FAQ
Frequently Asked Question
  • The global Floor Cleaning Robot valued at 9.21 Billion in 2020 and is expected to reach 41.82 Billion in 2028 growing at a CAGR of 20.82%.

  • The prominent players in the market are PHILIPS, Yujin Robot, Haier, FMART, TCL, NEATO, Proscenic, Ecovacs, IRobot, IClebo, LIECTROUX, Crucial Vacuum..

  • The market is project to grow at a CAGR of 20.82% between 2021 and 2028.

  • The driving factors of the Floor Cleaning Robot include

    • The increasing penetration of automation in household appliances and rise in labor costs and safety concerns is anticipated to augment the growth of the floor cleaning robot market over the forecast period.
    • The compact size with self-charging capability and extensive use of UV disinfection equipment in healthcare facilities to disinfect hospital premises is further expected to fuel the growth of the floor cleaning robot market in the years to come.

  • Asia Pacific was the leading regional segment of the Floor Cleaning Robot in 2020.