The global residential robotic vacuum cleaner market is anticipated to grow significantly over the forecast period. A residential robotic vacuum cleaner is an automated vacuum cleaner which is capable of remembering the layout of the area it is supposed to clean. It possesses memory which enables it to return to the same point at which it started the cleaning process. In case of battery exhaustion, the robot is capable of automatically manoeuvring itself towards the charging point and restarting from the same point at which it got discharged. The vacuum cleaner works on the principle of sensors which helps it in calculating the size of the room as well as avoiding obstacles. Some robots also use laser vision for manoeuvring around. The light weight and small size of these vacuum cleaners ensures easy portability and fulfilment of tasks such as daily floor mopping and cleaning. Some designs include spinning brushes to reach and clean tight corners. Other features such as mopping and UV sterilization are also included in most of the vacuum cleaners. Recently, the robotic vacuum cleaners have also been equipped with the feature of home security. They are very often a part of a general-purpose domestic robot which are integrated with security cameras, intercom systems and are also capable of performing basic housework tasks such as preparing food, moving items in addition to vacuuming.
Decreased time for household activities is one of the key forces driving this residential robotic vacuum cleaner market. Residential robotic vacuum cleaners can serve this purpose by performing tasks such as mopping and cleaning in a time efficient manner. In certain countries, employing domestic workers is either too expensive or prohibited. In such cases, the robotic vacuum cleaner can help by performing tasks which are normally allocated to domestic workers. Vacuum cleaners equipped with security features such as alerting owners in case of intruders and fires are expected to penetrate in the residential robotic vacuum cleaner market. Battery life is one of the major growth inhibitors as these products consume higher power, thus reducing operating time. Inability to effectively clean rooms having complex structures is also expected to be a hindrance to residential robotic vacuum cleaner market growth. Most manufacturers claim that the robotic vacuum cleaners are meant to supplement a manual vacuum cleaner by performing touch-ups between regular vacuuming cycles, and not replace it. This makes it more of a luxury than a necessity, making it unsuitable for the cost-sensitive market.
Key manufacturers include Milagrow, Philips, LG, Samsung, The Joes, AOFC Adibot, iRobot, Infinuvo, O-Cedar, Rotech, iClebo, iTouchless and Moneual among others.
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The global electronics devices market (including consumer electronics and industrial electronics devices) is expected to be impacted significantly by COVID-19 as China is one of the major suppliers for the raw materials (used to manufacture devices) as well as the finished products. The industry is on the brink of facing a reduction in production, disruption in supply, and price fluctuations. While this can vastly encourage local manufacturers to step up and address the growing demand, the scarcity of raw material can still pose a challenge to this industry. The sales of prominent electronic companies is expected to be affected in the near future. The report will account for Covid19 as a key market contributor.