Perhaps a substantial drive for the cleaning robots market stems from the vast commercialization of robotic vacuum cleaners. Advances in engineering of robotics have further made them reliable, easy-to-operate, and useful in daily cleaning needs particularly in floor cleaning schedules in home as well as industrial settings. Further, strides in commercialization were witnessed in the use of cleaning robots in industrial environments that are characterized by hazardous work.
Automation of industrial cleaning processes has stoked the popularity of cleaning robots. Of special significance in the growth of the cleaning robots market is use of new proprietary software, advances made in 3D sensors and cameras, and deft use of artificial intelligence. The transformative potential of cleaning robots in household chores is underpinning the growing potential in the market.
The dynamic shaping the key end-use industry demand has impacted the recent spate of product launches in the cleaning robots market. This is comprehensively analysed in an in-depth study on the market. The analysis also takes a closer look at technological advancements that make cleaning robots smarter.
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Global Cleaning Robots Market: Notable Developments
Over the years, manufacturers of cleaning robots have flourished on the back of sizable funding they have able to secure on advancing the hardware and software. This has expedited the development of autonomous cleaning robots with more functionality and at attractive price points. Particularly, the trend is notable in the advent of new commercial cleaning robots that find applications in airports, malls, warehouses, and universities. The following development is one case in point.
Avidbots, a Canada-based company that has focused long on robotics for commercial cleaning work, announced in early 2019 that it has bagged $23.6 million in Series B funding. The investor round is led by True Ventures, a company showing keen interest in the vast potential of cleaning robots market. Areas of focus will include talent acquisition, engineering of new designs, sales and marketing of novel technologies. With this funding, the company intends to meet a wide range of worldwide demands for cleaning robots. Further, such funding will help it expand its product portfolio.