Market Share of Domestic Service Robots Industry
The domestic service robotics market is semi-consolidated, with major players holding a substantial presence. As demand continues to increase, new entrants join the market, leading to heightened competition and a shift toward a more diverse market landscape. Vendors are implementing various strategies to strengthen their market position, such as introducing new products, forming partnerships, and making acquisitions. Key players in the market include iRobot Corporation, Ecovacs Robotics, Roborock, Miele, Bobsweep, and others.
•July 2024: iRobot announced the new iRobot Roomba Combo 10 Max, its most advanced robot vacuum and mop hybrid yet. The brand's new flagship model features a 2-in-1 design and added intelligence for better detection and self-cleaning. The iRobot Roomba Combo 10 Max is designed to powerfully clean and mop multiple types of floors due to its 4-stage cleaning system. The main vacuum cleaner has an edge sweeping brush and dual rubber brushes, which easily reach hard-to-reach areas, such as corners, to remove dirt, dust, and other debris.
•July 2024: Xiaomi announced the launch of the Xiaomi RVC X10 vacuum cleaner in India as part of its 10th-anniversary celebration. The Xiaomi RVC X10 utilizes LDS Laser Navigation for precise mapping of homes and boasts a suction power of 4000Pa to effectively clean a variety of surfaces. Its Automatic Cleaning Station, with 17000Pa suction, efficiently empties the dustbin into a 2.5L disposable bag that can accommodate up to 60 cleaning sessions. The Xiaomi RVC X10's 2-in-1 vacuum-mop design includes a 200ml electronically controlled water tank for 80 minutes of mopping, offering even water distribution and three levels of flow control.
Domestic Service Robots Market Leaders
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iRobot Corporation
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Ecovacs Robotics
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Roborock
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Miele
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Bobsweep
*Disclaimer: Major Players sorted in no particular order