South Korea Robot Vacuum Cleaner Market to Grow at a CAGR of 14.3% During 2024-2032, Aided by the Presence of High-Tech Infrastructure and the Busy Lifestyles of People

The South Korea robot vacuum cleaner market growth is driven by the demand for automated cleaning solutions, offering customers time-saving, hands-free floor cleaning options that align with modern lifestyles and preferences for convenience and efficiency. Robot vacuum cleaners, also known as "robovacs," are autonomous or remote-controlled cleaning devices equipped with sensors, cameras, and programmable controllers. Recent models feature advanced capabilities such as object identification, voice control, improved mapping, and pet care functions.

Fig: Annual Installations of Industrial Robots, 2022

Based on the 2021 World Robotics report, South Korea has emerged as the global leader in robot density. The International Federation of Robotics (IFR) reports an impressive density of 932 robots per 10,000 employees in South Korea, with demand expected to soar, particularly within the electronics and automotive sectors. This growth underscores South Korea's pivotal role in advancing robotics technology and its applications across various industries.

IoT-enabled smart homes are designed to intuitively adapt to residents' preferences by learning and adjusting to their daily routines. These homes feature connected devices that leverage machine learning to analyse habits and optimise household equipment operation. The surge in smart home adoption has spurred investments by electronics companies in IoT and artificial intelligence, driving growth in the home automation market. Advanced features like 3D cameras, voice control, and specialised care functionalities further enhance the appeal of these technologies.

KT, a prominent South Korean IT firm, has partnered with the restaurant chain Mad for Garlic to introduce AI-serving robots. These robots use advanced 3D spatial mapping to navigate around tables and obstacles efficiently. Each robot can attend to up to four tables in a single trip, attracting young customers. Post-COVID-19, diners perceive robot delivery as safer and fresher. In South Korea, where long work hours are common, the demand for robot vacuum cleaners is rising due to busy lifestyles and reliance on technology for household chores.

Hospitals' growing demand for cleaning systems that can perform various tasks beyond cleaning is expected to shape the market's future growth. Hospitals are expected to incresae their  investments in sanitation products to combat the virus, boosting the demand for automatic robot vacuum cleaners.

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Market Breakup by Type, Operation, End Use, and Distribution Channels: 

• The market is segmented based on type into cleaning robot, mopping robot, and hybrid robot.

• Based on operation, the market can be divided into self-driven and remote-controlled.

• By end use, the market is segmented into residential and commercial.

• On the basis of distribution channels, the market can be categorised into online and offline.

Key Findings of the Report:

• The South Korea robot vacuum cleaner market is driven by the increasing demand for automated cleaning solutions that offer customers with time-saving, hands-free floor cleaning options, aligning with modern lifestyles and preferences for convenience and efficiency.

• The installation of robots is attributed to the increasing internet penetration across the country with IoT smart homes being a prominent trend in the market.

• The increasing demand for cleanliness and hygiene amidst the need to maintain social distance has increased the sales of vacuum cleaner robots in South Korea.

Key Offerings of the Report:

• The EMR report gives an overview of the South Korea robot vacuum cleaner market for the periods (2018-2023) and (2024-2032). 

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the type, operation, end use, and distribution channels of robot vacuum cleaners in South Korea.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the South Korea robot vacuum cleaner market are Samsung Electronics Co. Ltd, Xiaomi Corporation, LG Electronics Inc, Koninklijke Philips N.V., and Yujin Robot Co., Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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