Robotic vacuum cleaners are fast gaining acceptance not only among home owners but also commercial and industrial facilities.
They now make up about 20 percent of the worldwide vacuum cleaning market – and demand is expected to soar.
A new report predicts the global robotic vacuum cleaner market will expand at a compound annual growth rate (CAGR) of 11.2% from 2018 to 2026.
Robotic vacuum cleaners enable comparatively quick and easy cleaning of large spaces compared with manual cleaning.
And since robotic vacuum cleaners do not require manual operation, they significantly reduce labour costs and reduce cleaning time.
With stringent new cleanliness standards now in place, industrial facilities and businesses are investing more on cleaning equipment and accessories.
And changing socio-economic factors like dual-income households and less leisure time is driving sales of robotic vacuum cleaners across the globe.
Greater emphasis on indoor air quality and a growing awareness of the advantages of robotic vacuums over conventional cleaners is also driving growth.
A reduction in the price of robotic vacuum cleaners through online sales is making machines more competitive.
Internet sales are expected to grow at a faster rate than direct retail in coming years, the report notes.
Manufacturers of robotic vacuum cleaners are striving to develop advanced products with improved connectivity through the integration of the cloud, AI, and IoT.
State-of-the-art robotic vacuum cleaners integrated with cameras and intercom systems will soon serve a dual purpose of cleaning and security.
Such advancements in technology will drive demand for robotic vacuum cleaners even further, the report predicts.
Some of the leading manufacturers profiled in the study include iRobot Corporation, Dyson Ltd, ILIFE Robotics Technology, Neato Robotics, Samsung Electronics Co. Ltd, Ecovacs Robotics, Yujin Robots Co. Ltd, Maytronics Ltd, LG Electronics Inc, Metapo Inc, Koninklijke Philips NV, Panasonic Corporation, Miele & Cie, KG, Hayward Industries Inc and Sharp Corporation.