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Robotic Vacuum Cleaner Market size to grow by USD 6.33 billion from 2023 to 2028, Inclusion of air filters in robotic vacuum cleaners to drive the growth- TechnavioNEW YORK, Jan. 7, 2024 /PRNewswire/ -- The robotic vacuum cleaner market is expected to grow by USD 6.33 billion between 2023 and 2028. However, the growth momentum of the market will progress at a CAGR of 16.53% during the forecast period. The market is segmented by application (residential and commercial), distribution channel (offline and online), and geography (APAC, North America, Europe, Middle East and Africa, and South America). The inclusion of air filters in robotic vacuum cleaners is a key factor driving market growth. Pollution has several effects, both on the outdoors as well as in the indoor environment. As a result, appropriate solutions to purify indoor air and make the environment healthy and clean have been developed by market players in robotic vacuum cleaners. HEPA filters with high efficiency that absorb minute particulates and provide clean air are also incorporated in robotic vacuum cleaners.
The report analyses the market size and growth and provides accurate predictions on the growth of the market. View Free PDF Sample Report Key Highlights:
Market Dynamics: Key Driver - The Robotic Vacuum Cleaner Market is expected to witness a rise due to the incorporation of air filters. Integrating advanced features like Lidar Sensors and HEPA Filtration enhances cleaning efficacy in these robots. This trend impacts Floor Cleaning Robots, enabling Multi-room and Carpet Cleaning Robotics. Moreover, it refines functionalities such as Edge Cleaning and Virtual Walls, alongside Scheduled Cleaning options. Additionally, increased Dustbin Capacity aligns with this trend, driving the market's growth in home automation and sensor technology. Major Trend - The Robotic Vacuum Cleaner Market witnesses a trend with the emergence of low-cost robotic vacuum cleaners. These Smart Home Appliances, like IoT-enabled Vacuum Cleaners, utilize Navigation Algorithms and Mapping for precision. They feature Automated Cleaning Devices with Obstacle Avoidance, Voice Command integration, and Noise Reduction Technology. This advancement reflects Consumer Robotics trends, consumer preferences improving Cleaning Efficiency, and embracing Artificial Intelligence in Home Cleaning, shaping the market's trajectory towards affordable and intelligent cleaning solutions. Significant Challenge - Challenges persist in the Robotic Vacuum Cleaner Market concerning battery life. Enhancing Battery Technology and implementing Wireless Charging solutions could mitigate this issue. Remote Control Apps and User-friendly Interfaces offer user convenience but require efficient power management. Market Competition drives the need for longer-lasting batteries. Additionally, ensuring accessible Maintenance and Repair Services helps address concerns while managing Price Points within the Robotic Vacuum Cleaner Segment poses another challenge in balancing affordability and performance. The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing a report Keg Segments:
Get a glance at the market contribution of the segments, Request a Free Sample Report Related Reports: The Residential Robotic Vacuum Cleaner Market size is estimated to grow by USD 5,081.33 million at a CAGR of 17.85% between 2022 and 2027. The Consumer Robotics Market size is estimated to grow by USD 23,439.8 million at a CAGR of 26.89% between 2022 and 2027.
ToC: Executive Summary Market Landscape Market Sizing Historic Market Sizes Five Forces Analysis Market Segmentation by Application Market Segmentation by Distribution Channel Market Segmentation by Geography Customer Landscape Geographic Landscape Drivers, Challenges, & Trends Company Landscape Company Analysis Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research
SOURCE Technavio 
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