Market revenue in 2021 | USD 88.5 million |
Market revenue in 2030 | USD 477.8 million |
Growth rate | 20.6% (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 60.34% in 2021. Horizon Databook has segmented the Spain robotic vacuum cleaner market based on floor vacuum cleaner, pool vacuum cleaner covering the revenue growth of each sub-segment from 2017 to 2030.
The market for robotic vacuum cleaners in Spain is expected to witness moderate growth in the coming years as the e-commerce channels have been gaining popularity among young customers.
Furthermore, widespread promotional activities and marketing campaigns by the key global competitors such as iRobot Corporation, Cecotec Innovaciones S.L., Roborock, operating in the robotic vacuum cleaner market are estimated to drive the product demand.
The e-commerce traffic is estimated to witness rapid growth in the coming years. Consumer electronics websites like samsung.com, mediamarkt.es, and pccomponentes.com have witnessed a moderate growth in demand for consumer electronics in Spain.
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