RESIDENTIAL ROBOTIC VACUUM CLEANER MARKET ANALYSIS
Global Residential Robotic Vacuum Cleaner Market size was valued at US$ 2.9 Bn in 2022, exhibiting a compound annual growth rate (CAGR) of 14.6% from 2023 to 2030.
Global Residential Robotic Vacuum Cleaner market was valued at US$ 2.9 Bn in 2022 and is expected to reach US$ 8.54 Bn by 2030, exhibiting a CAGR of 14.6% between 2023 and 2030.
Global Residential Robotic Vacuum Cleaner Market- Market Trends:
Rising disposable income in emerging economies: Increasing disposable income and economic progress in emerging economies such as India, Indonesia, Brazil, South Africa, etc. are creating a market for smart innovations like robotic vacuum cleaners.
Increasing number of players in the residential robotic vacuum cleaner market: More players are entering the market in North America, Europe, and Asia Pacific, investing in research and development for technologically advanced solutions. For instance, Amazon's acquisition of iRobot in August 2022 helps expand its offerings in smart cleaning solutions.
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