Robotic pool cleaner market is likely to exhibit a promising growth curve as far as the short-term outlook is considered. The report will uncover the insights into how the market growth will unfold in the next few years.
Increasing Consumer Spending on Leisure Pursuits Creates a Strong Breeding Ground for Robotic Pool Cleaner Market
Intelligent swimming pool cleaners called robotic cleaners to remove dirt and debris from pool walls and floors with little assistance from humans. Due to their capacity to locate and navigate to specific cleaning places, smart pool cleaners are becoming more and more common. Additionally, the creation of self-driving pool cleaners is a result of the introduction of Artificial Intelligence (AI) into products. The worldwide robotic pool cleaner market is being driven by the water leisure sector's explosive growth. The creation of automated pool cleaning equipment results from the growing integration of cutting-edge technology like AI, and cloud computing. Numerous uses for these robots are possible in the hospitality sector. Additionally, the top participants in the market are gradually becoming programmable, and automated household robots. The chances for market expansion are attributable to rising disposable income globally, which raises consumers' spending power on leisure pursuits like swimming, and other associated travel. These events promote more swimming, which raises the need for pool maintenance tools and other supplies. Due to this, options to maintain pool hygiene will soon be in demand in the market.
Robotic pool cleaners have experienced considerable growth in demand in recent years in both commercial and domestic settings due to how simple they are to install. Winny Pool Cleaner introduced Frisbee, a pool cleaning robot with touch and reverse technology, on June 1st, 2021. When it encounters a wall, the cleaner can turn around autonomously. Robotic pool cleaners have a moderately fragmented market. The worldwide robotic pool cleaner market has long featured the participation of both domestic and foreign firms. Furthermore, it is anticipated that these businesses would concentrate on various tactics to expand the market share, build their brands, and enter emerging markets. There are many problems with using a robotic pool cleaner. Whether it is battery-operated or plugged in, a robotic pool cleaning needs a power source that adds another ongoing expense to the regular pool maintenance schedule. It cannot return its debris to the filter or skimmer box via a hose connection. This requires pool owners to frequently drain the internal debris storage tank and remove the complete robot pool cleaner from the water.
Robotic Pool Cleaner Market: COVID-19 Impact
Worldwide corporate operations, including commercial construction projects, have been put on hold because of COVID-19 quick spread. The construction industry has encountered substantial challenges that have slowed its steady progress due to the rise in COVID-infected people around the world. Despite the pandemic's growing effects on most economic sectors, the pool industry has experienced remarkable growth in recent months. Due to travel limitations, many homeowners are attempting to plan mini staycations inside their residences, raising the demand for pool services. Brands of robotic pool cleaners would probably prosper during the forecast period due to the rising popularity of swimming pools and the ensuing necessity for cleaning solutions.
Growth of Luxury Hotel Chains Boosts Robotic Pool Cleaner Market
The need for robotic pool cleaners is increasing as more luxurious flats, and residences are building swimming pools. Chains of upscale hotels are growing their local and global footprints. This is also driving the demand for automatic pool cleaners. For instance, the number of JW Marriott hotels worldwide climbed from 102 in 2020 to 107 in 2021, according to Marriott International's Annual Report.
Rapid Urbanization, and Increase in Number of Water Parks Drive Robotic Pool Cleaner Market Forward
The global robotic pool cleaner market is anticipated to grow as the number of water parks rises. High visitor traffic at waterparks causes the pool to become clogged with dirt, trash, and undesirable particles. Robotic pool cleaners assist in keeping pools clean and hygienic to a high standard. The demand for robotic pool cleaners is also anticipated to increase due to rapid urbanization. The World Bank estimates that 56% of the world's population, up from 55% in 2018, resided in urban areas in 2019.
Complex Usage Acts as a Major Restraint for Robotic Pool Cleaner Market
There are many problems with using a robotic pool cleaner. Whether it is battery-operated or plugged in, a robotic pool cleaning needs its power source, which adds another ongoing expense to your pool's maintenance schedule. It cannot return its debris to the filter or skimmer box via a hose connection. This requires pool owners to frequently drain the internal debris storage tank and remove the complete robot pool cleaner from the water. Pool robot cleaners may be quite heavy.
Sales Residential Cleaning Robots Prominent in Robotic Pool Cleaner Market as Number of Home Pool Owners Rises
According to the product category, the residential cleaning robot market held a significant market share for robotic pool cleaners in 2021. The increase in domestic pool owners is a factor in the segment's growth. Property purchasers are increasingly interested in residential buildings with appealing features like pools. Given their busy lives and desire for a better lifestyle, people are increasingly choosing all the amenities inside the same infrastructure.
Specialized Electronics Shops Provide Personalized Help for Buying Product, in Turn Dominating Robotic Pool Cleaner Market
The robotic pool cleaner market is segmented by distribution channel into hypermarkets, e-commerce, specialized electronics shops, and others. Because these shops give clients rapid gratification, the specialized electronics stores segment is anticipated to dominate the market during the projection period. Benefits like discounts and a large selection of products also propel the expansion of the segment.
Europe Dominates Robotic Pool Cleaner Market, North America Represents a Sizeable Market
In 2021, Europe had the largest market share for robotic pool cleaners worldwide. The rapid adoption of cutting-edge technical gadgets and increased labor costs drive the region's need for pool-cleaning robots. Swimming pools for rehabilitation are becoming increasingly popular, and the area is also home to top producers of robotic pool cleaners. The best-selling robotic pool cleaners have a sizable consumer base in North America, and Asia Pacific. Swimming pool owners in North America are very concerned with the cleanliness and hygiene of their pools, and they spend money on equipment like robotic and suction pool cleaners. The expansion of the building of luxury flats in the region is fueling the market growth in the Asia Pacific. South America's market share is lower than that of the Middle East, and Africa. Nevertheless, due to the steady economic expansion in nations like Brazil and Argentina, the South American robotic pool cleaner market is anticipated to have considerable growth throughout the forecast period.
Global Robotic Pool Cleaner Market: Competitive Landscape
A few of the players in the robotic pool cleaner market include iRobot Corporation, Mariner 3S AG, Hangzhou Gaoyue Technology Co. Ltd, Aquatron Robotic Technology, KOKIDO, maytronics, Milagrow HumanTech, Pentair, Polaris Inc., and Zodiac Pool Systems. Major industry players are introducing dependable and realistic ways to diversify their revenue streams.
Recent Notable Developments
Global Robotic Pool Cleaner Market is Segmented as Below:
By End User
By Distribution Channel
Key Elements Included In The Study: Global Robotic Pool Cleaner Market
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