- Sales of robotic vacuums increase as customers seek cleaner indoor environment
- Europe to have a 44% market share by 2022
- Samsung introduces smart robotic vacuum
By 2022, the global residential robotic vacuum cleaner market is forecasted to reach $2.5 billion, according to a report by Future Market Insight Global and Consulting Pvt. This represents a compound annual growth rate (CAGR) of 12%. Last year, the market was worth $1.5 billion.
The residential robotic vacuum cleaner market is comprised of two segments: in-house robots and outdoor robots. The most popular segment is the in-house robots segment. This segment is easy to recharge and is forecasted to hold a 75% market share by 2022. Over the next few years, outdoor vacuum cleaners are expected to become more common, growing at a CAGR of 20.1%.
Residential robotic vacuums are increasing in popularity for three reasons. First, for health and hygiene reasons as customers seek efficient, automated home cleaning solutions. In addition, as the number of asthma patients increases so does the demand for vacuum cleaners with HEPA filters. Second, customers want a more sustainable lifestyle. Finally, indoor air pollution management, especially in developing countries, has led to the increase of robotic vacuum sales.
The only factors that will challenge to market growth are the high costs and strict energy-efficiency regulations.
By 2022, Europe will have 44% of the market and have the highest revenue. Asia Pacific, meanwhile, is forecasted to grow at a CAGR of 13.4%.
Samsung Smart Robotic Vacuum
In mid-February, Samsung debuted its POWERbot VR7000 smart robotic vacuum at the Samsung Forum in Singapore. The vacuum automatically adjusts the level of suction to match the floor surface and it maps and remembers rooms’ contours. It can be controlled remotely using an app, and is smaller than its predecessors for getting under furniture.
“At Samsung, we remain committed to developing thoughtful innovations that not only address the ever-changing needs of our customers, but are also aimed at making a meaningful impact in their lives,” Yong Sung Jeon, president and CEO of Samsung Electronics Southeast Asia and Oceania, told ABS CBN News.
The vacuum can run for 30 minutes to 90 minutes, depending on the mode, before needing recharged.
Mike Lilly, Samsung head of product for home appliances, told Appliance Retailer that Samsung wants every household to own three vacuums – a deep clean vacuum with the canister, a stick vac for spot cleaning and a robot for convenience.
POWERbot, however, enters the market after a year of disappointing sales. In 2016, sales dropped 31% and the market’s value fell 17%, according to GfK,
- Market growth is accelerated by the growing trend of bag-less vacuum cleaners and the rising adoption of automated cleaners in emerging economies.
- Innovations in the market include security cameras, spinning brushes and UV sterilization.
- Future market growth and increased revenue are expected to come with technology that allows robotic vacuum cleaners to climb stairs.