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Real Estate News Releases
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(EstateNewsWire.com, October 29, 2021 )
Market Overview Cleaning robots are autonomous robots loaded with advanced features to perform self-drive mode and cleaning automatically.
View full report: https://bit.ly/3blcAF5
Market Dynamics The growth in the industry is mainly due to increasing new developments in robotics technology along with rising disposable incomes and demand for automation in various applications. Rising technological improvements in vacuum cleaners; highly advanced, small-sized, and efficient cleaning appliances are being developed that can easily fit into limited spaces compared to traditional robots, will further drive the market growth in the coming years. However, the high cost associated with the cleaning robots is acting as a restraining factor in the market. Cleaning robot is expensive than the traditional vacuum cleaner, which makes it less affordable to all segments of people.
Market Segmentation By Product Type • Floor Cleaning • Pool Cleaning • Window Cleaning • Lawn Cleaning • Others By Application • Residential • Industrial • Commercial
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Geographical Share Based on geography the market is segmented into North America, South America, Europe, Asia Pacific, and the Rest of the world.
North America accounted for the largest market share for cleaning robot.
The United States is the major contributor to the growth of cleaning robots market in North America region due to increasing advancement in technology and high spending rate.
The Asia-Pacific market is expected to show strong growth due to rising adoption of cleaning robots and the emergence of new global players with new developments in their products.
Key Companies in the market Key players in the global Cleaning Robot market are Ecovacs, iRobot, Dyson Ltd., Koninklijke Philips N.V., LG Electronics Inc., Neato Robotics Inc., Intellibot Robotics, and Samsung Electronics.
The key players are adopting various vital strategies such as partnerships, collaborations, and product development to introduce new technologies in the market.
For instance, In Oct 2017, iRobot Corp. acquired privately-held Robopolis SAS (Robopolis), based in France. The acquisition enabled iRobot to capitalize on market momentum driving accelerated adoption of robots for the home.
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DataM Intelligence
Sai Kiran
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