Cleaning Robots Market Valuation Will Increase From USD 980 Million Cleaning Robots Market 2020

Cleaning Robots Market valuation will increase from USD 980
million in 2013 to USD 2.5 billion in 2020: Radiant Insights, Inc
The market for vacuum cleaner robots is poised to witness considerable growth from 2013 to 2020. Its
valuation will increase from USD 980 million in 2013 to USD 2.5 billion in 2020. Cleaning robots
combine automation with effective cleaning power. This has great appeal to people running busy lives,
always hard-pressed for time.
The revolution brought in by automation of business processes and communications is penetrating the
home cleaning space too. Automated home cleaning translates into more time for homeowners, time
which can be utilized more constructively. This is especially important due to hectic schedules of modern
families. Cleaning robots take care of a critical household function, thus contributing to better home
management. Automated vacuum cleaning systems function every day, something that is not possible in
case of manual cleaning. Thus the house stays cleaner.
Experts predict the cleaning robots market to grow exponentially over the next seven years. In fact it is
possible that every household will have at least one cleaning robot. Technological developments will
facilitate this growth. Innovation is boosting performance improvements that lead to better, more diverse
products and superior customer service. This is promoting ease of use and longer running time. Cleaning
robots provide medical, education, welfare and service functional capacities. These robots are fast gaining
credibility which is leading to higher adoption rates.
View summary of this report @ http://www.radiantinsights.com/research/cleaning-robots-marketshares-strategies-and-forecasts-worldwide-2014-to-2020
Technical improvements in visualization, sensors, etc. are proving favorable to demand. Such
enhancements are not only making the robots more affordable but also better adapted to perform the
cleaning function. Decline of manufacturing industries and rise of futuristic, technologically-superior
ones is creating an ideal environment for the evolution of more compact and efficient automated cleaning
systems. Today, robots no longer serve only industrial sectors but are marking their foray into areas
previously handled by humans.
The global cleaning robots market is highly competitive. Players compete on the basis of product
performance, purchase costs, battery life, and total operational costs of the system. Maintenance cost of
the units is an important consideration that separates the successful vendors from the unsuccessful ones.
Other critical success factors include integration with existing equipment, brand reputation, quality,
customer service, ease of use, and reliability.
Leading participants in the global cleaning robots market comprise Samsung Group, LG Corporation,
iRobot Corporation, Toshiba Corporation and Yujin Robot. Other noteworthy players are AB Electrolux,
Dyson Ltd., Kyosho Corporation and CoroWare Inc.