The ‘Robovac’ which abbreviated for Robotic Vacuum Cleaner in the world of Robotic Vacuum Cleaner market. The referred history says about the Robotic Vacuum Cleaner market has reached a size of US$ 3.9 Billion in the year 2018. The advanced robotic vacuum cleaner is created with the intelligence inbuilt through various software. This helps to do household works like cleaning floors and tiles, carpets, and hardwood floors. It has sensors and camera employed with it which helps it in cleaning the corners and at the same time, it averts the collisions with other objects and falling from heights. This robovac needs very minimal to no interventions with humans.
This Robovac is preferably good because, this one is a compact vacuum cleaner, produces less noise than the previous one and takes lesser time to complete the chores. And no wonder it is increasing in demand in the commercial sector and in residential as well, across the globe.
Looking in the eyes of the future, the Robovac project is expected to reach the value of the USD $7.5Billion by 2024 with CGAR of around 11.4% during the years 2019-2024. There is a rising demand for the robotic vacuum cleaner because of the changing lifestyle, increasing the ratio of working women and long hours of working; especially in the residential sector. Also, the escalated incomes vouchsafe the purchasing power to people. Apart from these factors mentioned, the increasing health and hygiene awareness among the people is the reason for boosting demand of the Robovac.
The market research shows there are two types of robotic cleaners in the Robotic Vacuum Cleaner market, the robotic floor and the robotic pool vacuum cleaners. But currently, the market is dominated by holding a large share by the robotic floor vacuum cleaners. Also on the basis of the charging, the bifurcation is been done and according to it, they are classified and available into manual and automatic charging types. And the major market holds large shares for the manually charging Robovac.
The dominance in the market is done by direct sales followed by retails if we consider the bifurcation based on distribution channels. On the basis of the application of the appliances, the market is separated between the robotic vacuum cleaning only, and the other is vacuum cleaning with mopping. But currently, the global market is more invested in vacuum cleaning only.
And if talking about the segregation of the market on the basis of end-users, then the commercial sectors seems to hold the largest share than the other end-users in the market. Dividing the globe to analyze the global uses then, among Africa, Middle East, Asia Pacific, Europe, Latin America, and North America, Europe has the leading market holding the major shares for the robotic vacuum cleaners.
Looking forward to the Robovac market to take a good leap with increasing technology, in every sector and around every region on the globe.