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Robotic Vacuum Cleaners Market to Be Worth $33.3 Billion by 2031 – Exclusive Report by Meticulous Research®

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10 months ago

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REDDING, Calif., June 19, 2024 /PRNewswire/ — According to a new market research report titled, ‘Robotic Vacuum Cleaners Market by Type (Cleaning Robots, Mopping Robots, Hybrid Robots), Distribution Channel, Operation (Self-driven, Remote-controlled), Price Range, Application (Residential, Commercial), and Geography—Global Forecast to 2031,’ the robotic vacuum cleaners market is projected to reach $33.3 billion by 2031, at a CAGR of 26.9% from 2024–2031.

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Robotic vacuum cleaners are autonomous appliances enabled with intelligent programming for cleaning purposes in a residential and commercial setup. The navigation algorithm helps robotic vacuum cleaners to navigate and move around obstacles. They are built with smart sensors, such as edge, cliff, collision, obstacle, and laser distance sensors, to perform cleaning tasks without human intervention. Robotic vacuums can perform cleaning tasks without human intervention, so the robotic vacuum cleaners can be scheduled to clean the floor via a smartphone application, WIFI, or Bluetooth connectivity.

This report covers the robotic vacuum cleaners market based on type, distribution channel, operation, price range, application, and geography. It also presents detailed insights into the factors expected to influence the overall market revenue during the forecast period.

The global robotic vacuum cleaners market is segmented by type (cleaning robots, hybrid robots, mopping robots), distribution channel (online, offline), operation (self-driven, remote-controlled), price range (below USD 200, USD 201 to USD 500, above USD 501), application (residential, commercial (hospitality, healthcare, retail, offices, other commercial applications)). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

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Based on type, the robotic vacuum cleaners market is segmented into cleaning robots, hybrid robots, and mopping robots. In 2024, the cleaning robots segment is expected to account for the largest share of around 48% of the robotic vacuum cleaners market. The large market share of this segment is attributed to the growing demand for smart & connected products, including cleaning robots in homes, the growing importance of improved functionality and performance with no human interference, and the increasing importance of clean and hygienic homes. These automatic vacuum cleaners use various technologies, such as online mapping of the home, remote access, and an anti-collision system, to ensure efficient cleaning without any difficulties during the cleaning process.

Based on distribution channel, the robotic vacuum cleaners market is segmented into online and offline. In 2024, the online segment is expected to account for the larger share of around 83% of the global robotic vacuum cleaners market. The large market share of this segment is attributed to the growth of the e-commerce industry, convenience of shopping from home, availability of a wide range of vacuum cleaners, discounts/lower prices, detailed information for prospective buyers, and comparison of various models/brands. On an online platform, companies have the autonomy to display a whole range of products to attract customers with different tastes and needs. This enables the buyers to choose from various models after comparing the finish, features, and price of the products on display.

Based on operation, the robotic vacuum cleaners market is segmented into self-driven and remote-controlled. In 2024, the self-driven segment is expected to account for the larger share of around 68% of the robotic vacuum cleaners market. However, the remote-controlled segment is projected to register the highest CAGR during the forecast period. The segment’s growth is attributed to the increasing demand for AI-enabled vacuum cleaners, key players’ increasing strategic developments to offer remote control functionalities through smartphone apps, and technological advancements in home appliances. A remote-controlled vacuum cleaner is built with a vacuum cleaner vehicle that helps the cleaner position and move in any direction on the floor. It also includes a handheld remote-control device and a transmitter for sending control signals.

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Based on price range, the robotic vacuum cleaners market is segmented into below USD 200, USD 201 to USD 500, and above USD 501. In 2024, the USD 201 to USD 500 segment is expected to account for the largest share of the robotic vacuum cleaners market. However, the above USD 501 segment is projected to register the highest CAGR during the forecast period. The segment’s growth is attributed to the increasing investment in premium appliances, the popularity of smart home appliances, and the increasing demand for high-end vacuums with stronger suction power, better filtration systems, and specialized attachments for deep cleaning, justifying the higher price tag.

Based on application, the robotic vacuum cleaners market is segmented into residential and commercial. In 2024, the residential segment is expected to account for the larger share of around 78% of the robotic vacuum cleaners market. The large market share of this segment is attributed to the busy lifestyle of consumers, technological advancement in home appliances, and increasing awareness of hygiene. The residential robotic vacuums market has witnessed innovations, such as UV sterilization, spinning brushes, and security cameras for homes, pets, and older adults. Companies are integrating new technologies in robotic vacuum cleaners.

Based on geography, the robotic vacuum cleaners market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of around 45% of the robotic vacuum cleaners market. The market growth in Asia-Pacific is driven by the increasing importance of clean and hygienic homes, shifting consumer preference toward purchasing intelligent home appliances, growing adoption of smart & connected products in homes, and the increased availability of technically advanced products. Due to the higher purchasing power of the people in China and South Korea, the demand for automated electronic products is also escalating in the region.

The key players operating in the robotic vacuum cleaners market are iRobot Corporation (U.S.), ECOVACS Robotics Co., Ltd. (China), Beijing Roborock Technology Co. Ltd. (China), Anker Innovation Technology Co., Ltd. (China), Samsung Electronics Co., Ltd (South Korea), Shenzhen Proscenic Technology Co. Ltd. (China), Neato Robotics, Inc. (U.S.), Cecotec Innovaciones S.L. (Spain), LG Electronics Inc (South Korea), Dyson Limited (U.K.), Panasonic Corporation (Japan), and Sharp Corporation (U.S.).

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Scope of the Report:

Robotic Vacuum Cleaners Market Assessment—by Type

Cleaning RobotsHybrid RobotsMopping Robots

Robotic Vacuum Cleaners Market Assessment—by Distribution Channel

OnlineOffline

Robotic Vacuum Cleaners Market Assessment—by Operation

Self-drivenRemote-controlled

Robotic Vacuum Cleaners Market Assessment—by Price Range

Below USD 200USD 201 to USD 500Above USD 501

Robotic Vacuum Cleaners Market Assessment—by Application

ResidentialCommercialHospitalityHealthcareRetailOfficesOther Commercial Applications

Robotic Vacuum Cleaners Market Assessment—by Geography 

North AmericaU.S.CanadaEuropeGermanyU.K.FranceItalySpainRussiaRest of EuropeAsia-PacificJapanChinaIndiaSouth KoreaRest of Asia-PacificLatin AmericaMexicoBrazilRest of Latin AmericaMiddle East & AfricaUAESaudi ArabiaSouth AfricaRest of Middle East & Africa

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Related Reports:

Vacuum Pumps Market by Type (Gas Transfer Pumps, Gas Bindings/Entrapment Pumps), Lubrication (Dry Vacuum Pumps, Wet Vacuum Pumps), Pressure, End-use Industry and Geography – Global Forecasts to 2030

Smart Home Market by Product Type (Smart Lightning Systems, Smart Speakers, Smart Security & Monitoring Systems, Smart Home Appliances), Protocols & Standards (Wireless Protocols, Wired Protocols, Hybrid Protocols), and Geography – Global Forecast to 2030

Consumer Electronics Market Size, Share, Forecast, & Trends Analysis by Product Type (Smartphones & Tablets, Smart Wearables, Laptop & Desktop, Lightning Systems, Digital Cameras), Distribution Channel (Online, Offline), and Geography – Global Forecast to 2031

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
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California, 96001, U.S.
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APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
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Technology

Pioneering Portable Power: BLUETTI Launches the Premium 200 V2 in Australia

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54 minutes ago

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April 14, 2025

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BLUETTI Premium 200 V2 now available for delivery through Harvey Norman Online, Jaycar, and Sydney Tools.

SYDNEY, April 14, 2025 /PRNewswire/ — BLUETTI (bluetti.com), a technology pioneer in clean energy, today announced the launch of its Premium 200 V2, an energy-dense portable power station with a lifespan of over 17 years, at three Australian retailers, namely Harvey Norman Online, Jaycar, and Sydney Tools. Customers can purchase the new model online at exclusive introductory prices until April 18, 2025.

The Premium 200 V2 represents BLUETTI’s latest innovation in portable power technology, combining compact design with enhanced performance capabilities. It addresses the growing demand for reliable, portable power solutions in both emergency and recreational scenarios.

Compact Design with Robust Performance

The Premium 200 V2 holds 2073.6Wh capacity in a package the size of a small toolbox, 40% more compact than the last generation. Despite its compactness, it delivers 2,700W pure sine wave power to run most devices like coffee makers, fridges, and ovens. In the Powerlifting mode, users can even power high-wattage appliances like water heaters. It’s versatile for applications ranging from home outage backup to remote work sites and outdoor activities.

Industry-Leading Battery Longevity

The use of automotive-grade prismatic LiFePO4 battery makes the generator more compact and long-lasting. These premium battery cells have successfully passed 33 rigorous CNAS automotive battery tests and are rated for over 6,000 charge cycles. This translates to more than 17 years of reliable operation before capacity reduces to 80% of original specifications.

Advanced Charging Technology

The portable power generator incorporates BLUETTI’s proprietary TurboBoost fast-charging technology, enabling rapid recharging from empty to 80% in just 45 minutes. Solar recharging requires only 2.4 hours, while multi-chip protection prevents damage from accidental connection of incompatible solar panels. When paired with a Charger 1 alternator charger, the unit fully recharges during a 4.2-hour drive, six times faster than standard vehicle charging options.

Enhanced Energy Efficiency

Powered by BLUETTI’s unique AI-BMS (Battery Management System), the Premium 200 V2 provides comprehensive protection against electrical risks while delivering superior energy efficiency. Its idle power draw is just 10W, three times lower than industry standards. During low-light solar charging, the system automatically turns off to optimize battery life.

Availability and Pricing

The BLUETTI Premium 200 V2 is now available for purchase and delivery at Harvey Norman Online, Jaycar, and Sydney Tools. To celebrate this launch, we’re offering an exclusive Easter Power Deal from April 4 to April 18, 2025—don’t miss out!

BLUETTI in Australia

As a technology pioneer in clean energy, BLUETTI is committed to a sustainable future by providing green energy storage solutions for both indoor and outdoor use. In Australia, our reliable and innovative products have earned the trust of households, professionals, and off-grid adventurers. Looking ahead, BLUETTI will introduce more new products to the Australian market, including the EP2000 for home energy storage and the Apex 300. For partnership inquiries, please contact Tiger Han at tiger.han@bluetti.com.

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SOURCE BLUETTI

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Technology

RIAD Corp. reveals AI-powered hotel group booking platform Ria at ITB Berlin 2025

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2 hours ago

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April 13, 2025

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BERLIN, April 14, 2025 /PRNewswire/ — Riad Corporation, a leading AI-powered travel technology company, successfully launched its flagship product, RIA 1.0, at ITB Berlin 2025, one of the world’s largest travel trade shows. The company attracted over 300 visitors to its booth and secured 150 enterprise client sign-ups during the three-day event, marking a major milestone for its global expansion.

RIA 1.0 is an advanced AI platform that fully automates group hotel reservations, tailored for travel agencies and corporate clients handling complex requirements. Unlike traditional systems, RIA enables both direct bookings and customized group requests, processed entirely by AI without manual work. The platform simplifies large-scale, multi-hotel bookings — tasks that usually take days — completing them in minutes.

During ITB Berlin, Riad Corporation presented live demonstrations showing how RIA’s AI engine handles diverse, high-volume booking scenarios. Attendees praised its intuitive interface, seamless integration, and real-time responses to specific client needs, including corporate events, MICE bookings, and incentive groups.

Mike Lee, CEO of Riad Corporation, commented, “Meeting so many global partners at ITB Berlin was truly meaningful, and we are proud to showcase our technology to the world,” adding, “We will continue to focus on R&D to deliver stronger innovations and achieve greater success globally.”

In addition, Riad Corporation announced plans to launch AI-based group flight booking services later this year, transforming RIA into a comprehensive group travel platform covering both hotels and flights.

RIA has already gained momentum in Southeast Asia, with over 800 enterprise clients, and aims to reach 2,000 clients by the end of 2025.

Riad Corporation’s strong debut at ITB Berlin reflects rising demand for AI-driven solutions in travel. As group travel grows more complex, RIA 1.0 is positioned to lead the market with unmatched speed, accuracy, and automation.

For more information about Riad’s solution RIA, visit ‘www.ria-travel.com‘.

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SOURCE RIAD CORPORATION INC.

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Technology

Robert Payne becomes Chief Technology Officer at Piedmont Advantage Credit Union

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7 hours ago

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April 13, 2025

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WINSTON-SALEM, N.C., April 13, 2025 /PRNewswire/ — Piedmont Advantage Credit Union (PACU) is proud to announce the promotion of Robert Payne to Chief Technology Officer (CTO), marking a significant milestone in a distinguished career spanning more than 30 years in the technology field.

Payne has served as PACU’s Senior Vice President of Information Technology for over a decade, leading with a vision to ensure that technology functions and works smarter to make financial services easier, safer and more seamless for members and employees alike.

“Technology should feel effortless for the people who rely on it, our members and employees,” Payne said. “In my new role, I look forward to building on that foundation and driving strategic technology decisions that add real, measurable value.”

Payne holds a Bachelor of Science in Computer Security (now called Cybersecurity) from Eastern Kentucky University in Richmond, Ky., and is certified in ISO/IEC 20000, the international standard for IT service management. His approach to leadership blends technical expertise with a deep understanding of how technology shapes member experiences and internal operations.

As CTO, Payne will align PACU’s technology infrastructure with its long-term strategic goals. His priorities include:

Fortifying cybersecurity, recognizing that trust is the foundation of all member relationships.Enhancing digital experiences to ensure members can bank anytime, anywhere seamlessly.Investing in automation and AI to increase operational efficiency and allow staff to focus more on members’ financial well-being.Ensuring resilience and scalability to support PACU’s continued growth.

“Robert has a clear vision for how technology can enable innovation and preserve the human connections that make our credit union so unique,” said PACU’s President & CEO, Dion Williams. “His leadership has been instrumental in building a technology strategy that puts our members first and empowers our employees to serve with confidence and ease. As CTO, he will continue to guide us toward a more secure, efficient and people-focused future.”

While artificial intelligence and automation are key areas of interest, Payne emphasizes that technology at PACU will always serve people, not replace them. “No technology can replicate the relationships, trust and sense of belonging that define who we are,” he said. “That’s priceless, and it will always be our priority.”

About Piedmont Advantage Credit Union
Headquartered in Winston-Salem, N.C., and founded in 1949 to meet the financial needs of Piedmont Aviation and Piedmont Airline employees, Piedmont Advantage Credit Union has grown to serve member-owners, who reside, work, worship, attend school or operate a business in one of the six counties it serves in North Carolina or who are employed by one of its many employer companies. These six counties are Davie, Forsyth, Guilford, Iredell, Mecklenburg and Rockingham. A not-for-profit, cooperative financial institution, Piedmont Advantage still has a strong presence in aviation with its six branches and 10 ATMs throughout the service region.

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SOURCE Piedmont Advantage Credit Union

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