Global Cleaning Robots Market: Snapshot

Perhaps a substantial drive for the cleaning robots market stems from the vast commercialization of robotic vacuum cleaners. Advances in engineering of robotics have further made them reliable, easy-to-operate, and useful in daily cleaning needs particularly in floor cleaning schedules in home as well as industrial settings. Further, strides in commercialization were witnessed in the use of cleaning robots in industrial environments that are characterized by hazardous work. Automation of industrial cleaning processes has stoked the popularity of cleaning robots. Of special significance in the growth of the cleaning robots market is use of new proprietary software, advances made in 3D sensors and cameras, and deft use of artificial intelligence. The transformative potential of cleaning robots in household chores is underpinning the growing potential in the market.

The dynamic shaping the key end-use industry demand has impacted the recent spate of product launches in the cleaning robots market. This is comprehensively analysed in an in-depth study on the market. The analysis also takes a closer look at technological advancements that make cleaning robots smarter. 

To understand how our report can bring difference to your business strategy, Ask for a brochure

Global Cleaning Robots Market: Notable Developments

Over the years, manufacturers of cleaning robots have flourished on the back of sizable funding they have able to secure on advancing the hardware and software. This has expedited the development of autonomous cleaning robots with more functionality and at attractive price points. Particularly, the trend is notable in the advent of new commercial cleaning robots that find applications in airports, malls, warehouses, and universities. The following development is one case in point.

Avidbots, a Canada-based company that has focused long on robotics for commercial cleaning work, announced in early 2019 that it has bagged $23.6 million in Series B funding. The investor round is led by True Ventures, a company showing keen interest in the vast potential of cleaning robots market. Areas of focus will include talent acquisition, engineering of new designs, sales and marketing of novel technologies. With this funding, the company intends to meet a wide range of worldwide demands for cleaning robots. Further, such funding will help it expand its product portfolio.

Numerous other key manufacturers of commercial floor cleaning robots, especially in the U.S., are also in the race to secure venture capital, which they invest in developing their propriety software and hardware.

Stuck in a neck-to-neck competition with other brands? Request a custom report on “Cleaning Robots Market”

Global Cleaning Robots Market: Growth Dynamics

A large degree of momentum in the global cleaning robots market has come from the growing popularity of home robot. According to a non-profit organization, the International Federation of Robotics has projected the market for personal household service robots to surpass $10 bn by 2020-end. This lays a strong groundwork for the evolution of the cleaning robots market.

Over the years, manufacturers have launched cleaning robots with an array of features that make cleaning robots easy to control, such as through the voice command of Alexa. Technological advances have improved the sensing abilities of cleaning robots, thus making it more reliable. Further, adoption of advanced sensors in recent years has also resulted in cleaning robots with better obstacle detection capability.

Venture capital has proved to be vital for driving product developments in industrial automation. Adoption of cloud technologies has helped end users in the cleaning robots market take the advantage of automatic software updates. Emerging new robot vacuum concepts has imparted momentum to research and development in the cleaning robots market.

Global Cleaning Robots Market: Regional Analysis        

Some of the key regional markets for cleaning robots are North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. Of these, North America has been showing incredible potential in the global cleaning robots market with demands for technologically-advanced home robotics. Growing inclination of adopting robotics for household cleaning chores in numerous economies of Asia Pacific is also helping expand the potential of the regional market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Cleaning Robots Market

Pre Book