Floor Cleaning Robot Market By Robot Type (Robotic Vacuum Cleaner, Robotic Mops & Hybrid Robotic Floor Cleaner), By Sales Channel (Brick & Mortar, eCommerce), By Region (Asia Pacific, Americas, Europe, Middle East & Africa) - Global Forecast up to 2025
- November, 2019
- Domain: Electronics & Semiconductors - Electronics & Semiconductors
Pages:
93
Tables:
54
Charts:
58
Regions/Countries:
4/18
Companies:
10
Enquiry Hours:
10
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This market research report includes a detailed segmentation of the global floor cleaning robot market by robot type – vacuum cleaner and robotic mops & hybrid robotic floor cleaner, by sales channel – brick & mortar and eCommerce, and by region – Asia Pacific, Americas, Europe, and MEA.
Overview: Global Floor Cleaning Robot Market
Floor cleaning robots and other domestic service robots are on the verge of becoming an integral part of smart homes. The current market for floor cleaning robot is driven by various factors, which include rising preference for connected home appliances, changing lifestyle along with shifting customer needs, and increasing labor costs tied with growing preference for service robots. Additionally, increasing potential for AI-empowered cleaning robots in commercial applications and emerging urban middle-class households in developing nations are anticipated to offer new business opportunities for the vendors in the floor cleaning robot market during the forecast period. However, consumer concerns related to capital cost and cleaning performance are identified as restraints likely to hinder the progression of the floor cleaning robot market during the forecast period.
The availability of labor for household services has become a serious challenge, and this is expected to even become worse in developed economies in the coming years. In the past, the concept of robots in domestic environments sounded like a luxury, but due to striking local labor force, the use of service robots for the internal environment is becoming an economically sensible choice, particularly across high labor-cost countries. Moreover, increasing investments in incorporating advanced technologies, i.e., AI, to develop robots for domestic environment is expected to accelerate the penetration of service robots in households. These factors, in turn, are fuelling the growth of the floor cleaning robot market during the forecast period.
The concept of domestic floor cleaning robots is in the introductory stage of the adoption curve. Any new home appliances introduced in the market are generally viewed in two aspects from the consumer side: “Necessity” and “Luxury”. Earlier, washers and refrigerators were initially viewed as a luxury appliance. Later, these products became mainstream due to intensive marketing efforts and increased customer awareness regarding the potential benefits in terms of power, time efficiency, and return on investment. Following the same analogy, the penetration of domestic service robots is anticipated to increase in the coming years.
The progression of domestic floor cleaning robots is in the introduction stage, where most purchases are done after determining the cost-performance ratio of the product. Consumers have concerns related to the compatibility of the floor cleaning robot with their house environment and the long-term benefits of the product. In the coming years, the penetration of floor cleaning robots is expected to increase with the growing trend of home automation. Moreover, rising customer preference in modernizing the cleaning equipment, particularly among higher- and upper-median income household groups, is expected to fuel the growth of floor cleaning robots during the forecast period.
Market Segmentation: Global Floor Cleaning Robot Market
The global floor cleaning robot market is segmented on the basis of robot type, sales channel, and region. Based on the robot type, the global floor cleaning robot market is segmented into robotic vacuum cleaner and robotic mops & hybrid robotic floor cleaner. Robotic vacuum cleaner was the dominant segment in 2018 and is projected to maintain its market dominance throughout the forecast period. This is mainly due to the cost-performance ratio and increasing preference for robotic floor cleaners equipped to remove tiny particles that lead to health issues.
Based on the sales channel, the global floor cleaning robot market is segmented into brick & mortar and eCommerce. eCommerce is identified as the fastest-growing segment, i.e., at a CAGR of 20.3%, during the forecast period 2019–2025. The growth of this segment is driven by increasing customer reliance on online platforms for attributes, such as fast delivery with exclusive deals when compared to offline retail stores.
Regional Outlook: Global Floor Cleaning Robot Market
Regionally, the global floor cleaning robot market is segmented into Asia Pacific, Americas, Europe, and Middle East & Africa. Asia Pacific is anticipated to be the fastest-growing floor cleaning robot market. The market for floor cleaning robots in Asia Pacific is driven by rapid urbanization, increasing disposable income, and expanding middle-class income groups. Moreover, the growing trend of nuclearization of families throughout Asia Pacific is anticipated to fuel the growth of the floor cleaning robot market during the forecast period.
Competitive Analysis and Key Vendors: Global Floor Cleaning Robot Market
The report covers and analyzes the global floor cleaning robot market. Vendors are investing in R&D for product innovation and focusing on expanding their distribution network.
Few of the Key Vendors in the Global Floor Cleaning Robot Market
- iRobot Corporation
- ECOVACS
- SharkNinja Operating LLC
- Panasonic Corporation
- SAMSUNG
- Cecotec Innovaciones S.L.
- Neato Robotics
- ILIFE INNOVATION LTD.
- BISSELL
- Dyson
Benefits:
The report on the floor cleaning robot market contains an in-depth analysis of vendors, which includes financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape. The study offers a comprehensive analysis of the “global floor cleaning robot market”. Bringing out the complete key insights of the industry, the report aims to provide an insight into the latest trends, current market scenario, and technologies related to the market. In addition, it helps the venture capitalists, floor cleaning robot vendors, component manufacturers, contract manufacturers, and distributors to understand revenue opportunities across different segments to execute better investment evaluation.
Global Floor Cleaning Robot Market: Segmentation
- Global Floor Cleaning Robot Market, By Robot Type
- Robotic Vacuum Cleaner
- Robotic Mops & Hybrid Robotic Floor Cleaner
- Global Floor Cleaning Robot Market, By Sales Channel
- Brick and Mortar
- eCommerce
- Global Floor Cleaning Robot Market, By Geography
- Asia Pacific – China, Japan, South Korea, Australia, Singapore, and Others
- Americas – USA, Canada, Mexico, and Others
- Europe – Germany, France, UK, Spain, Italy, Belgium, Poland, and Others
- Middle East and Africa (MEA) – Israel, UAE, South Africa, and Others
1 Executive Summary
2 Industry Outlook
2.1 Industry Overview
2.1.1 Industry Trend
2.1.1.1 Rising Preference for Home Automation/Smart Home Solutions
3 Market Snapshot
3.1 Overview
3.1.1 PEST Analysis
3.1.2 Porter’s Five Force Analysis
3.2 Related Markets
4 Market Characteristics
4.1 Market Distribution Structure
4.2 Market Segmentation
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 Rising preference for connected home appliances
4.3.1.2 Changing lifestyle and shifting customer needs
4.3.1.3 Increasing labor cost coupled with rising preference for service robots
4.3.2 Restraints
4.3.2.1 High cost along with concerns related to cleaning efficiency
4.3.3 Opportunities
4.3.3.1 Increasing potential for AI-empowered cleaning robots in commercial applications
4.3.3.2 Emerging urban middle-class households in developing nations
4.3.4 DRO – Impact Analysis
5 Global Floor Cleaning Robot Market, By Robot Type
5.1 Overview
5.2 Robotic Vacuum Cleaner
5.3 Robotic Mops & Hybrid Robotic Floor Cleaner
6 Global Floor Cleaning Robot Market, By Sales Channel
6.1 Overview
6.2 Brick and Mortar
6.3 eCommerce
7 Global Floor Cleaning Robot Market, By Region
7.1 Overview
7.2 Asia Pacific
7.2.1 Overview
7.2.2 By Robot Type – Market Size and Analysis
7.2.3 By Sales Channel – Market Size and Analysis
7.2.4 By Country – Market Size and Analysis
7.2.4.1 China
7.2.4.2 Japan
7.2.4.3 South Korea
7.2.4.4 Australia
7.2.4.5 Singapore
7.2.4.6 Others
7.3 Americas
7.3.1 Overview
7.3.2 By Robot Type – Market Size and Analysis
7.3.3 By Sales Channel – Market Size and Analysis
7.3.4 By Country – Market Size and Analysis
7.3.4.1 US
7.3.4.2 Canada
7.3.4.3 Mexico
7.3.4.4 Others
7.4 Europe
7.4.1 Overview
7.4.2 By Robot Type – Market Size and Analysis
7.4.3 By Sales Channel – Market Size and Analysis
7.4.4 By Country – Market Size and Analysis
7.4.4.1 Germany
7.4.4.2 France
7.4.4.3 UK
7.4.4.4 Spain
7.4.4.5 Italy
7.4.4.6 Belgium
7.4.4.7 Poland
7.4.4.8 Others
7.5 MEA
7.5.1 Overview
7.5.2 By Robot Type – Market Size and Analysis
7.5.3 By Sales Channel – Market Size and Analysis
7.5.4 By Country – Market Size and Analysis
7.5.4.1 Israel
7.5.4.2 UAE
7.5.4.3 South Africa
7.5.4.4 Others
8 Vendors Profile
8.1 iRobot Corporation
8.1.1 Company Description
8.1.2 Business Analysis
8.1.2.1 Strategic snapshot
8.1.2.2 Business impact analysis
8.1.2.3 Operational snapshot
8.1.2.4 Product/service portfolio
8.2 ECOVACS
8.2.1 Company Description
8.2.2 Business Analysis
8.2.2.1 Strategic snapshot
8.2.2.2 Business impact analysis
8.2.2.3 Operational snapshot
8.2.2.4 Product/service portfolio
8.3 SharkNinja Operating LLC
8.3.1 Company Description
8.3.2 Business Analysis
8.3.2.1 Strategic snapshot
8.3.2.2 Business impact analysis
8.3.2.3 Operational snapshot
8.3.2.4 Product/service portfolio
8.4 Panasonic Corporation
8.4.1 Company Description
8.4.2 Business Analysis
8.4.2.1 Strategic snapshot
8.4.2.2 Business impact analysis
8.4.2.3 Operational snapshot
8.4.2.4 Product/service portfolio
8.5 SAMSUNG
8.5.1 Company Description
8.5.2 Business Analysis
8.5.2.1 Strategic snapshot
8.5.2.2 Business impact analysis
8.5.2.3 Operational snapshot
8.5.2.4 Product/service portfolio
9 Companies to Watch for
9.1 Cecotec Innovaciones S.L.
9.1.1 Company Description
9.1.2 Business Analysis
9.1.2.1 Product/service portfolio
9.2 Neato Robotics, Inc.
9.2.1 Company Description
9.2.2 Business Analysis
9.2.2.1 Strategic snapshot
9.2.2.2 Product/service portfolio
9.3 ILIFE INNOVATION LTD.
9.3.1 Company Description
9.3.2 Business Analysis
9.3.2.1 Strategic snapshot
9.3.2.2 Product/service portfolio
9.4 BISSELL
9.4.1 Company Description
9.4.2 Business Analysis
9.4.2.1 Product/service portfolio
9.5 Dyson Ltd.
9.5.1 Company Description
9.5.2 Business Analysis
9.5.2.1 Strategic snapshot
9.5.2.2 Product/service portfolio
10 Annexure
10.1 Report Scope
10.2 Research Methodology
10.2.1 Data Collation & In-house Estimation
10.2.2 Market Triangulation
10.2.3 Forecasting
10.3 Study Declarations
10.4 Report Assumptions
10.5 Abbreviations
TABLE 1 GLOBAL FLOOR CLEANING ROBOT MARKET VALUE, BY ROBOT TYPE, 2018–2025 ($MILLION) 25
TABLE 2 GLOBAL FLOOR CLEANING ROBOT MARKET VALUE, BY SALES CHANNEL, 2018–2025 ($MILLION) 28
TABLE 3 GLOBAL FLOOR CLEANING ROBOT MARKET VALUE, BY REGION, 2018–2025 ($MILLION) 31
TABLE 4 ASIA PACIFIC FLOOR CLEANING ROBOT MARKET VALUE, BY TECHNOLOGY, 2018–2025 ($MILLION) 32
TABLE 5 ASIA PACIFIC FLOOR CLEANING ROBOT MARKET VALUE, BY SALES CHANNEL, 2018–2025 ($MILLION) 33
TABLE 6 ASIA PACIFIC FLOOR CLEANING ROBOT MARKET VALUE, BY COUNTRY, 2018–2025 ($MILLION) 35
TABLE 7 AMERICAS FLOOR CLEANING ROBOT MARKET VALUE, BY ROBOT TYPE, 2018–2025 ($MILLION) 41
TABLE 8 AMERICAS FLOOR CLEANING ROBOT MARKET VALUE, BY SALES CHANNEL, 2018–2025 ($MILLION) 42
TABLE 9 AMERICAS FLOOR CLEANING ROBOT MARKET VALUE, BY COUNTRY, 2018–2025 ($MILLION) 43
TABLE 10 EUROPE FLOOR CLEANING MARKET VALUE, BY ROBOT TYPE, 2018–2025 ($MILLION) 48
TABLE 11 EUROPE FLOOR CLEANING ROBOT MARKET VALUE, BY SALES CHANNEL, 2018–2025 ($MILLION) 49
TABLE 12 EUROPE FLOOR CLEANING ROBOT MARKET VALUE, BY COUNTRY, 2018–2025 ($MILLION) 50
TABLE 13 MEA FLOOR CLEANING MARKET VALUE, BY ROBOT TYPE, 2018–2025 ($MILLION) 57
TABLE 14 MEA FLOOR CLEANING ROBOT MARKET VALUE, BY SALES CHANNEL, 2018–2025 ($MILLION) 58
TABLE 15 MEA FLOOR CLEANING ROBOT MARKET VALUE, BY COUNTRY, 2018–2025 ($MILLION) 60
TABLE 16 IROBOT CORPORATION: OVERVIEW 64
TABLE 17 IROBOT CORPORATION: STRATEGIC SNAPSHOT 64
TABLE 18 IROBOT CORPORATION: BUSINESS OPPORTUNITIES AND OUTLOOK 66
TABLE 19 IROBOT CORPORATION: OPERATIONAL SNAPSHOT 66
TABLE 20 IROBOT CORPORATION: PRODUCT/SERVICE PORTFOLIO 66
TABLE 21 ECOVACS: OVERVIEW 67
TABLE 22 ECOVACS: STRATEGIC SNAPSHOT 67
TABLE 23 ECOVACS: BUSINESS OPPORTUNITIES AND OUTLOOK 68
TABLE 24 ECOVACS: OPERATIONAL SNAPSHOT 69
TABLE 25 ECOVACS: PRODUCT/SERVICE PORTFOLIO 69
TABLE 26 SHARKNINJA OPERATING LLC: OVERVIEW 70
TABLE 27 SHARKNINJA OPERATING LLC.: STRATEGIC SNAPSHOT 70
TABLE 28 SHARKNINJA OPERATING LLC.: BUSINESS OPPORTUNITIES AND OUTLOOK 70
TABLE 29 SHARKNINJA OPERATING LLC.: OPERATIONAL SNAPSHOT 72
TABLE 30 SHARKNINJA OPERATING LLC.: PRODUCT/SERVICE PORTFOLIO 72
TABLE 31 PANASONIC CORPORATION: OVERVIEW 72
TABLE 32 PANASONIC CORPORATION: STRATEGIC SNAPSHOT 73
TABLE 33 PANASONIC CORPORATION: BUSINESS OPPORTUNITIES AND OUTLOOK 73
TABLE 34 PANASONIC CORPORATION: OPERATIONAL SNAPSHOT 73
TABLE 35 PANASONIC CORPORATION: PRODUCT/SERVICE PORTFOLIO 74
TABLE 36 SAMSUNG: OVERVIEW 74
TABLE 37 SAMSUNG: STRATEGIC SNAPSHOT 76
TABLE 38 SAMSUNG: BUSINESS OPPORTUNITIES AND OUTLOOK 76
TABLE 39 SAMSUNG: OPERATIONAL SNAPSHOT 77
TABLE 40 SAMSUNG: PRODUCT/SERVICE PORTFOLIO 77
TABLE 41 SWOT ANALYSIS 78
TABLE 42 CECOTEC INNOVACIONES S.L.: OVERVIEW 81
TABLE 43 PANASONIC CORPORATION: PRODUCT/SERVICE PORTFOLIO 81
TABLE 44 NEATO ROBOTICS, INC.: OVERVIEW 82
TABLE 45 NEATO ROBOTICS, INC.: STRATEGIC SNAPSHOT 83
TABLE 46 NEATO ROBOTICS, INC.: PRODUCT/SERVICE PORTFOLIO 83
TABLE 47 ILIFE INNOVATION LTD.: OVERVIEW 84
TABLE 48 ILIFE INNOVATION LTD.: STRATEGIC SNAPSHOT 84
TABLE 49 ILIFE INNOVATION LTD.: PRODUCT/SERVICE PORTFOLIO 85
TABLE 50 BISSELL: OVERVIEW 85
TABLE 51 BISSELL: PRODUCT/SERVICE PORTFOLIO 86
TABLE 52 DYSON LTD: OVERVIEW 86
TABLE 53 NEATO ROBOTICS, INC.: STRATEGIC SNAPSHOT 87
TABLE 54 NEATO ROBOTICS, INC.: PRODUCT/SERVICE PORTFOLIO 87
Research Framework
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
- Forecasting
Market related information is congregated from both primary and secondary sources.
Primary sources
Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Secondary sources
Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.
