Market Share of Robot Vacuum Cleaners Industry
The robot vacuum cleaners market is very competitive primarily due to the presence of major players such as iRobot Corporation and Neato Robotics (Vorwerk). Furthermore, the probability of new players entering the market is moderately high, which could further intensify the market competition. Product launch, high expense on research and development, and strategic partnerships and acquisitions are the prime growth strategy followed by the companies to sustain the intense competition.
In October 2022, Ecovacs launched DEEBOT N8 2-in-1 with upgraded suction power and advanced dToF technology, ensuring better cleaning efficiency and the most powerful suction (3000 Pa). It covers 2000+ Sq. Ft in one charge and has advanced dToF Technology with OZMO Mopping. It is the Next-Gen laser guidance technology that precisely scans, maps, and plans an efficient cleaning path.
In June 2022, Global consumer robot company iRobot Corp unveiled a premium Roomba J7+ smart vacuum cleaner with iRobot OS in India. The new smart-vacuum cleaner currently sits with the existing Roomba i7 series, S9 series, i3 series, and more. Similar to its existing product series, the Roomba i7 series includes two models - the regular Roomba J7 and Roomba J7+, though the latter is only available in the country.
Robotic Vacuum Cleaner Market Leaders
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iRobot Corporation
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Neato Robotics ( Vorwerk)
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Ecovacs Robotics
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LG Electronics Inc.
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Haeir Group Corporation
*Disclaimer: Major Players sorted in no particular order
