Asia Pacific Robotic Vacuum Cleaner Market Size & Outlook
Asia Pacific robotic vacuum cleaner market, 2017-2030 (US$M)
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Asia Pacific robotic vacuum cleaner market highlights
- The Asia Pacific robotic vacuum cleaner market generated a revenue of USD 1,828.8 million in 2021.
- The market is expected to grow at a CAGR of 25.2% from 2022 to 2030.
- In terms of segment, floor vacuum cleaner was the largest revenue generating type in 2021.
- Floor Vacuum Cleaner is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 1,828.8 million |
| Market revenue in 2030 | USD 13,793.8 million |
| Growth rate | 25.2% (CAGR from 2021 to 2030) |
| Largest segment | Floor vacuum cleaner |
| Fastest growing segment | Floor Vacuum Cleaner |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Floor Vacuum Cleaner, Pool Vacuum Cleaner |
| Key market players worldwide | IRobot Corp, Xiaomi Corp Class B, Neato Robotics, Panasonic Holdings Corp, Samsung Electronics Co Ltd, Dyson, Ecovacs, Roborock, Cecotec |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.8% of the global robotic vacuum cleaner market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,793.8 million by 2030.
Floor vacuum cleaner was the largest segment with a revenue share of 60.75% in 2021. Horizon Databook has segmented the Asia Pacific robotic vacuum cleaner market based on floor vacuum cleaner, pool vacuum cleaner covering the revenue growth of each sub-segment from 2017 to 2030.
Asia Pacific is the largest market for the manufacturing of electronic products, thus propelling market growth in the region. The demand for robotic vacuum cleaners is growing as a result of the region's fast urbanization.
The market is driven by factors including the increasing urban population in developing countries such as China and India, better infrastructure, and growing hygiene and cleanliness consciousness.
The new robotic vacuum cleaners incorporate innovative technologies, such as artificial intelligence, smart navigation to prevent collisions with obstacles, and effective cleaning, to adapt to changing consumer demands, The market for robotic vacuum cleaners is also expected to increase as smart home products become more popular as a way to ease consumer's hectic lifestyles and household tasks.
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Robotic Vacuum Cleaner Market Scope
Robotic Vacuum Cleaner Market Companies
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Asia Pacific robotic vacuum cleaner market size, by country, 2017-2030 (US$M)
Asia Pacific Robotic Vacuum Cleaner Market Outlook Share, 2021 & 2030 (US$M)
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