Cleaning Robot Market Size, Research, Analysis - PowerPoint PPT Presentation

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Cleaning Robot Market Size, Research, Analysis

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The global cleaning robot market generated the of revenue of nearly USD 9.2 billion in the year 2021 and is estimated to grow at a CAGR of 25% over the forecast period, i.e., 2022 – 2031. The growth of the market can be attributed to the constant evolution of internet of things (IoT) and deployment of artificial intelligence (AI). – PowerPoint PPT presentation

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Date added: 18 April 2022
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Title: Cleaning Robot Market Size, Research, Analysis


1
Global Cleaning Robot Market to Grow at a CAGR of
25 During 2022 2031 on the Back of Minimum
Physical Labor Associated with Cleaning
Robots Kenneth Research published a report titled
Cleaning Robot Market Global Demand Analysis
Opportunity Outlook 2031 which delivers detailed
overview of the global cleaning robot market in
terms of market segmentation by type, product,
application, and by region. Further, for the
in-depth analysis, the report encompasses the
industry growth indicators, restraints, supply
and demand risk, along with detailed discussion
on current and future market trends that are
associated with the growth of the market. The
global cleaning robot market generated the of
revenue of nearly USD 9.2 billion in the year
2021 and is estimated to grow at a CAGR of 25
over the forecast period, i.e., 2022 2031. On
the basis of type segment, the market is
bifurcated into domestic cleaning robot and
professional cleaning robot. The professional
cleaning robot segment is estimated to grow at a
promising CAGR over the forecast period. The
growth of the segment can be associated with the
easy handling of device and its brilliant
performance in cleaning within minimum time
frame.
2
Cleaning robots are identified as self-contained
robots that employ UV sterilization, mopping,
and other fields. Factors such as evolution of
IoT, easy handling feature in cleaning robot,
faster and spotless cleaning, and minimum manual
labor are projected to drive the growth of the
global cleaning robot market. On the basis of
region, the global cleaning robot market is
segmented into five major regions including
North America, Europe, Asia Pacific, Latin
America, and Middle East Africa region. On the
account of growing disposable income within
consumers in the Asia Pacific region, the global
cleaning robot market is anticipated to witness a
modest growth by growing at a significant CAGR
over the forecast period. Factors such as on-
going trend of cleaning robots, and growing
awareness about the device and its performance
are estimated to influence the market growth in
this region. The research is global in nature and
covers detailed analysis on the market in North
America (U.S., Canada), Europe (U.K., Germany,
France, Italy, Spain, Hungary, Belgium,
Netherlands Luxembourg, NORDIC Finland,
Sweden, Norway, Denmark, Poland, Turkey,
Russia, Rest of Europe), Latin America (Brazil,
Mexico, Argentina, Rest of Latin America),
Asia-Pacific (China, India, Japan, South Korea,
Indonesia, Singapore, Malaysia, Australia, New
Zealand, Rest of Asia-Pacific), Middle East and
Africa (Israel, GCC Saudi Arabia, UAE, Bahrain,
Kuwait, Qatar, Oman, North Africa, South Africa,
Rest of Middle East and Africa). In addition,
analysis comprising market size, Y-O-Y growth
opportunity analysis, market players competitive
study, investment opportunities, demand for
future outlook etc. has also been covered and
displayed in the research report. Request sample
report https//www.kennethresearch.com/sample-
request-10154387 Incessant Development in IoT and
AI to Fuel the Global Cleaning Robot Market The
advancement in IoT is required in every sector of
industry for powering multiple devices with ever
growing capabilities and accuracy. As of year
2020, the internet of
3
things devices used around the world
approximately accounted to 8.77 billion. The
robot cleaning devices use the combination of
artificial intelligence (AI) and internet of
things (IoT) which supervises the robots
ability to track the location, maintain schedule
and battery charge and demonstrate spotless
cleaning. The growing use of IoT in devices to
make it more accurate is one the major factors
anticipated to boost the market growth. However,
high cost of the device, maintenance and timely
service associated with the device, and lack of
awareness among people are expected to operate as
key restraint to the growth of global market
over the forecast period. This report also
provides the existing competitive scenario of
some of the key players of the global cleaning
robot market which includes company profiling
Panasonic Corporation, Pentair, iRobot
Corporation, Nilfisk Group, Vorwerk SE  Co. KG,
Haier Group, Xiaomi, Ecovacs Robotics, Inc., LG
Electronics, and Mitsubishi Electric Corporation
among others. The profiling enfolds key
information of the companies which encompasses
business overview, products and services, key
financials and recent news and developments. On
the whole, the report depicts detailed overview
of the global cleaning robot market that will
help industry consultants, equipment
manufacturers, existing players searching for
expansion opportunities, new players searching
possibilities and other stakeholders to align
their market centric strategies according to the
ongoing and expected trends in the
future. Request sample report https//www.kenneth
research.com/sample- request-10154387 Kenneth
Research is a leading service provider for
strategic market research and consulting. We aim
to provide unbiased, unparalleled market insights
and industry analysis to help industries,
conglomerates and executives to take wise
decisions for their future marketing strategy,
expansion and investment etc. We believe every
business can expand to its new horizon, provided
a right guidance at a right time is available
through strategic minds. Our out of box thinking
helps our clients to take wise decision in order
to avoid future uncertainties.
4
Contact for more Info AJ Daniel Email
sales_at_kennethresearch.com U.S. Phone 1 313 462
0609
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