Robotic Vacuum Cleaner Industry Robotic Vacuum Cleaner Industry | Page 2

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The market may be categorized based on end-users like commercial and residential consumers that could be
explored in the forecast period. The commercial consumer’s sector comprises retail, hospitality, healthcare,
offices, airports, educational institutes, and others. Residential sector accounted for the substantial market
share of the robotic vacuum cleaner and is estimated to lead the overall market in the years to come.
Based on the distribution channel, retail sale, online channel, supermarket, and others could classify robotic
vacuum cleaner in the forecast period. The online sector accounted for the significant market share of the
robotic vacuum cleaner and is estimated to lead the overall market in the years to come. The reason could be
ease of buying, availability of several varieties, and offers on the product.
Globally, North America accounted for the substantial market share of the robotic vacuum cleaner and is
estimated to lead the overall market in the years to come. The reason behind the overall market growth could
be the rising need for large-scale replace of old-products with enhanced and high-tech vacuum cleaners. The
United States is a major consumer of robotic vacuum cleaner in this region.
Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the
second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest
CAGR in the forecast period. The developing countries like India and China are the major consumers of the
robotic vacuum cleaner in this region.
The key players of the robotic vacuum cleaner market are ILIFE Robotics Technology, iRobot Corporation, Sharp
Corporation, ECOVACS ROBOTICS, Haier Electronics Group Co Ltd, Neato Robotics, Hayward Industries Inc.,
Dyson Ltd., Miele & Cie. KG, Samsung Electronics Co. Ltd., Panasonic Corporation, Maytronics Ltd., LG Electronics
Inc., Metapo, Inc., and Koninklijke Philips N.V. These players are concentrating on inorganic growth to sustain
themselves amidst fierce competition.
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