Top 10 Leading Companies in Cleaning Robot Industry

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The global cleaning robot market size is expected to reach USD 6.2 billion by 2025, registering a revenue-based CAGR of 14.6% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. The rising penetration of technologies such as Artificial Intelligence (AI), and Virtual Reality (VR) is a major factor driving the market growth. In addition, the higher costs of mopping labors in emerging countries is boosting the demand for robotic vacuums. Proliferation of robotics technology for mopping purpose and technological advancements such as gesture controlled and voice based technology are likely to drive the market growth. 

Vacuum robots have gained a wide reception in the past few years as consumers exhibit a constant demand for smart gadgets over traditional devices. Continuous improvement in software and hardware technology has enabled the industry to reveal enhanced robotic appliances for household mopping purposes. Pricing is another aspect for consumers to have a high preference for robotic vacuums since there are multiple variants available within reasonable price range. Also, the lack of manpower for household mopping purpose is driving the demand for robotic vacuums. Therefore, this trend is anticipated to boost the demand for automated and manual vacuums.

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Recent innovations in the robotic cleaning technology such as voice command, Bluetooth tethering and VR features are driving the market. For instance, RX-V100 comes with a speech recognition AI engine that helps the end users to communicate with the device. It works in automatic mode and possesses a set of built-in messages. Bosch Roxxter is another example of AI enabled robotic vacuum that uses AI to draw collaborative maps of surroundings. Furthermore, the manufacturers are emphasizing on establishing partnerships with developers of virtual assistant systems for enhancing the performance of vacuum machines. For instance, ECOVACS has established a partnership with Amazon.com through which ECOVACS will make its Ecovacs DEEBOT N79S compatible with Amazon Alexa.

The Europe region is expected to grow significantly over the forecast period owing to the increasing adoption of robotic vacuums in various industries and sectors such as automotive, logistics and transportation, healthcare, and retail. The growing popularity of Robot as a Service (RaaS) through which companies such as Avidbots offer rental services for providing mopping solutions bodes well for the growth of the region. For instance, Avidbots offer rental services on hourly basis for commercial premises.

Innovative practices and growing demand for small size cleaning robot as compared to conventional robots are some of the factors driving the market growth. In addition, the rise in the labor costs for cleaning purposes has forced organizations to look into other alternatives for the cleaning task, elevating the demand for cleaning robots. According to the U.S. Bureau of Labor Statistics, the cost of cleaning labors employed for residential and commercial purposes is USD 27,000 a year. However, a cleaning robot costs around USD 25,000 (one time investment). Cost efficiency along with accurate cleaning has boosted the market growth in recent years.

Cleaning robots are addressing consumer needs by getting evolved as a result of robotic innovations and change in approach towards household cleaning and maintenance. In response to growing safety concern for the use of hazardous chemicals by cleaning personnel, public safety organizations such as the European Commission (EU) and Food and Drug Administration (FDA) have implemented regulations for these chemicals. For instance, the EU commission enacted the Toxic Substances Control Act (TSCA) that bans the usage of certain cleaning chemicals by cleaning personnel in commercial and industrial applications. These factors are expected to boost the demand for robotic vacuums over the forecast period.

 

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