Growing working women population and adoption of sedentary lifestyle by consumers are driving the growth of India Robotic Vacuum Cleaner Market in the forecast period, FY2023-FY2027.
The growing adoption of Robotic Vacuum Cleaners due to growing awareness of the benefits of using automated technology is positively influencing the market demand in the forecast period. The need for smart and innovative electrical appliances to complete chores in less time than traditional cleaning practices is expected to accelerate the consumer base's adoption of Robotic Vacuum Cleaners.
However, the high cost and the limited ability to clean the surface owing to their compact size may restrain the growth of the India Robotic Vacuum Cleaner Market in the forecast period.
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The India Robotic Vacuum Cleaner market is segmented into type, distribution channel, technology, price range, regional distribution, and competition landscape.
On the basis of type, the India Robotic Vacuum Cleaner market is divided into floor, pool, and others. The floor segment is expected to hold the largest market share in the forecast period, FY2023-FY2027. The growing demand for intelligent robotic cleaning that cleans the spaces more effectively and efficiently is the primary driving factor for the high market demand.
The use of Robotic Vacuum Cleaners helps reduce operational costs to maintain clean and hygienic conditions, accelerating the demand for automatic products. The willingness of the consumers to spend on buying advanced and efficient novel technologies to produce better cleaning results is creating enormous potential for market growth.
On the basis of distribution channel, the India Robotic Vacuum Cleaner market is divided into offline and online. The offline segment is expected to witness significant growth in the next five years. Consumers prefer to visit the stores to learn about working and modes for competitive comparison between the products and brands.
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Stores employ dedicated salespeople to explain about the Robotic Vacuum Cleaners. Offline stores provide good after-sales support to the customers, which enhances the trust factor of the consumers. Offline stores offer lucrative discounts on purchasing Robotic Vacuum Cleaners to lure more customers into buying through their stores.
On the basis of technology, the India Robotic Vacuum Cleaner market is bifurcated into smart and non-smart. The smart technology segment is anticipated to dominate the market in the forecast period. The use of emerging technologies, including artificial intelligence and machine learning in the Robotic Vacuum Cleaner system to provide better and improved cleaning results, is expected to accelerate market demand.
The development of smart cities and the growing awareness about the internet of things technology for real-time analysis and information processing are bolstering the demand for advanced products compatible with the developing modern infrastructure.
On the basis of price range, the India Robotic Vacuum Cleaner market is divided into less than USD300, USD300-USD600, more than USD600. The price range of less than USD300 is projected to account for a substantial market share in the next five years. The Robotic Vacuum Cleaners belonging to this range are in high demand in the residential sector due to their compact size and ability to complete the cleaning tasks without human intervention. These can clean small to medium-sized cleaning spaces rather than large commercial spaces.
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“Growing demand for effective measures to juggle effectively between household chores and office work due to the rise in the working population and the increasing awareness towards adopting proper hygienic practices are expected to fuel the demand for Robotic Vacuum Cleaners in the next five years. Increasing demand from tech-savvy consumers and the efforts made by the market players to sell their product through the online sales channel is expected to significantly contribute to the market growth. Furthermore, the development of the hospitality sector to boost the economy and the introduction of toilet cleaning robots and cooking robots are anticipated to propel the growth of the India Robotic Vacuum Cleaner market till FY2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“India Robotic Vacuum Cleaner Market By Type (Floor, Pool & Others), By Distribution Channel (Online, Offline), By Technology (Smart vs non-Smart), By Price Range (Less Than USD300, USD300-USD600, More Than USD600), By Region, Competition Forecast & Opportunities, FY2027”, has evaluated the future growth potential of India Robotic Vacuum Cleaner and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Robotic Vacuum Cleaner market.
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