The global market for robotic vacuum cleaners is projected to hit a value of US$ 4611.1 million by 2023, with a moderate Compound Annual Growth Rate (CAGR) of 12.3% from 2023 to 2033. By the end of 2033, it is expected to grow substantially, reaching around US$ 14774.0 million in valuation.

The increasing popularity of industrial robots is anticipated to contribute to the growing demand for robotic vacuum cleaners. This surge in demand is driven by various sectors such as manufacturing, automotive, healthcare, among others. Robotic vacuum cleaners offer numerous advantages over traditional vacuums, including decreased labor costs, which is expected to further bolster their market share expansion.

Robotic hoover cleaners can also be equipped with UV sterilisation, mopping and revolving brushes. Some are made to carry out domestic cleaning tasks effectively. Manufacturers are combining security cameras, intercom systems, and other features with robotic hoover cleaners to provide increased performance and efficiency.

Robotic vacuum cleaners are a result of technological advancements enabled by artificial intelligence (AI) and the internet of things (IoT). They can be programmed and operated remotely to execute their cleaning tasks and they are clever enough to do it with minimal human intervention. With their advanced technologies, robots are playing an increasingly essential role in modern society, making human life easier and more comfortable.

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Market players are concentrating on producing more technologically advanced robotic vacuum cleaners using cutting-edge technology such as artificial intelligence (AI) (Artificial intelligence). Samsung Electronics, for example, released an AI robot vacuum cleaner in 2021 that has improved object identification and operation performance due to artificial intelligence (AI) technology.

The BESPOKE Jetbot AI is a smart robot vacuum cleaner designed to clean itself and empty its dust bin. It is the world’s first robot cleaner to be equipped with Intel’s artificial intelligence (AI) solution (Intel Movidius), which enables the robot cleaner to reason independently like humans.

Key Takeaways from the Robotic Vacuum Cleaners Market Study

The in-house robot segment is expected to dominate the robotic vacuum cleaners market, representing 75.9% of the total market share in 2021.

Auto battery charging type holds the majority share in mode of charging, accounting for 70.9% of the total market share in 2021.

The United States stands out as a significant market in North America, with robotic vacuum cleaners sales capturing 91.5% of the regional market share in 2021.

Within Europe, the United Kingdom is poised to emerge as a highly profitable market, displaying a Compound Annual Growth Rate (CAGR) of 7.5%.