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Global Cleaning Robot Market Set For 25.2% Growth, Reaching $34.86 Billion By 2028

06 Nov 2024 11:59 AM | IJCSA - (Administrator)

Global Cleaning Robot Market Set For 25.2% Growth, Reaching $34.86 Billion By 2028

Cleaning Robot Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

Cleaning Robot Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

The Business Research Company's Global Cleaning Robot Market Set For 25.2% Growth, Reaching $34.86 Billion By 2028

It will grow to $34.86 billion in 2028 at a compound annual growth rate (CAGR) of 25.2%.”

— The Business Research Company

LONDON, GREATER LONDON, UNITED KINGDOM, November 6, 2024 /EINPresswire.com/ -- The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—limited time only!

The cleaning robot market is witnessing exponential growth, expected to rise from $11.44 billion in 2023 to $14.2 billion in 2024, achieving a staggering CAGR of 24.2%. This growth is driven by rising labor costs, a growing demand for automation, heightened awareness of hygiene, increased commercial and industrial cleaning needs, and the adoption of smart home and IoT-enabled devices.

What Is the Projected Market Size of the Global Cleaning Robot Market and Its Growth Rate?

The market is projected to experience exponential growth, reaching $34.86 billion by 2028, with a CAGR of 25.2%. This growth is driven by market penetration in emerging economies, urbanization, the expansion of e-commerce and warehouse automation, increased adoption in the hospitality and retail sectors, and rising demand for disinfection and sterilization robots in healthcare. Trends expected during this period include advancements in UV-C and disinfection technologies, AI-powered navigation and mapping, integration with smart home ecosystems, edge cleaning capabilities, and the adoption of swappable cleaning attachments.

More at source: Newswires

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