Global robotic vacuums market will reach 7150.60 million US$ by the end of 2024

Publisher: QYResearch

Published Date: 2019/7/26

The rise of respiratory issues that are indicated by irritation to the eyes, throat, and nose are being attributed to allergens, pollution, and dust. This has encouraged the sale of robotic vacuums that are known to operate with exceptional proficiency. Manufacturers are also focused on introducing vacuum cleaners to make a healthy and clean environment and also provide appropriate solutions to purify the air. Residential vacuum cleaners and robotic vacuum cleaners are mainly designed to provide fresh air as they are equipped with high-efficiency particulate air (HEPA) filters, which absorb minute particles. 

Moreover, the analysts have identified that the inclusion of air filters in the robotic vacuum cleaners to be one of the key factors shows a positive impact on the growth of the global robotic vacuum cleaner market in the coming years. 

North America is expected to hold the largest market share due to the increasing need for large-scale replacement of old products with advanced and high performing robotic vacuum cleaners. Europe robotic vacuum cleaner market is likely to expand the due to increasing property purchases. Furthermore, Asia Pacific is also estimated to grab a remarkable share in the robotic vacuum cleaner market as emerging economies such as China and India are being characterized by changing lifestyles and increasing disposable incomes of the consumers.

The analysts predict that the global robotic vacuums market is likely to grow at US$7150.60 mn by 2024 from US$2852.52 mn in 2018. The market is expected to register CAGR of 17.53% over the forecast period. 

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