Europe Robotic Vacuum Cleaner Market Size & Outlook
Europe robotic vacuum cleaner market, 2017-2030 (US$M)
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Europe robotic vacuum cleaner market highlights
- The Europe robotic vacuum cleaner market generated a revenue of USD 1,047.1 million in 2021.
- The market is expected to grow at a CAGR of 21.3% 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, UK is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 1,047.1 million |
| Market revenue in 2030 | USD 5,964.9 million |
| Growth rate | 21.3% (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, Europe region accounted for 23.4% 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 60.58% in 2021. Horizon Databook has segmented the Europe robotic vacuum cleaner market based on floor vacuum cleaner, pool vacuum cleaner covering the revenue growth of each sub-segment from 2017 to 2030.
Robotic vacuum cleaners are expected to witness a significant demand in countries like the U.K., Germany, and France due to growing consumer interest in investing in new technologies and smart home appliances.
Furthermore in 2014, the European Union's ban on powerful vacuum cleaners above a certain capacity has encouraged manufacturers to design energy-efficient robotic vacuums to meet ecological standards since vacuum cleaners in Europe are subject to EU energy labeling and eco-design requirements.
In May 2021, Midea, a leading global home appliance manufacturer based in China, upgraded its robotic vacuum cleaner and launched M7 Pro with high-frequency vibration mop and enhanced functions in European markets like Germany, France, Poland, and Russia.
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Robotic Vacuum Cleaner Market Scope
Robotic Vacuum Cleaner Market Companies
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Europe robotic vacuum cleaner market size, by country, 2017-2030 (US$M)
Europe Robotic Vacuum Cleaner Market Outlook Share, 2021 & 2030 (US$M)
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