Market revenue in 2021 | USD 1,034.0 million |
Market revenue in 2030 | USD 8,072.1 million |
Growth rate | 25.7% (CAGR from 2021 to 2030) |
Largest segment | Floor vacuum cleaner |
Fastest growing segment | Floor Vacuum Cleaner |
Historical data | 2017 - 2020 |
Base year | 2021 |
Forecast period | 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 |
Floor vacuum cleaner was the largest segment with a revenue share of 60.87% in 2021. Horizon Databook has segmented the China robotic vacuum cleaner market based on floor vacuum cleaner, pool vacuum cleaner covering the revenue growth of each sub-segment from 2017 to 2030.
With a population of 1.42 billion and a 71.8% employment rate in 2021, China was the most populated country in the world. 90% of the women in the country had full-time jobs, they were still required to handle the majority of the house work.
To ease the household chores for women, robotic vacuum cleaners have become increasingly common, which reduces some of the work pressure on women. The country is also a popular destination for manufacturing electronic devices.
The growing popularity of smart devices has led manufacturers to launch new and innovative products. For instance, in December 2021, a Chinese startup company, UONI, launched a new robotic vacuum cleaner for homes, which can be programmed to sweep and mop for an extended period without human interaction.
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