Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

India’s Shipments for Robot Vacuum Cleaner Rise in 1H22

- Advertisement -

The top three brands capture a 62% share of the market.

As per reports, the robot vacuum cleaner market shipments in India grew 24% YoY in 1H22. Post the pandemic and customer awareness, many brands are coming up with affordable products. The INR 16,000-INR 24,000 ($200-$300) price band remains the most popular, closely followed by the INR 10,000-INR 16,000 ($125-$200) price band.

Xiaomi leads the market with a 45%YoY growth. Its Service+ app is an additional credit to its growth. Even though Eureka Forbes was one of the first players in the market to introduce vacuum robots, their growth has been 40% YoY; capturing second place while ILIFE took third place with an 8% growth. Eufy, iRobot and ECOVACS also launched many new models. 

- Advertisement -

Research Analyst Varun Gupta said, “The market seems consolidated as the top three brands captured 62% share in H1 2022. Online channels also maintained their dominance. However, offline channels are beginning to gain prominence as many consumers want to experience the product first.”

Research Analyst Anshika Jain added, “The robot vacuum cleaner market is expected to grow over 25% in 2022 due to the entry of more players and rising demand from the residential users in a hybrid work environment. The upcoming smart home era combined with the recent pandemic scenario is creating an urge to go for greater hygiene, comfort and convenience. However, we feel that the price point is still a little high to achieve large-scale adoption. Brands need to create more consumer awareness and come up with a strong value proposition to market these products. The future demand will be driven by the availability of new AI-enabled features, better Wi-Fi connectivity and the ability to connect and communicate with other smart home devices.”


- Advertisement -

Most Popular Articles

Industry's Buzz

Representation Image

New ECMS Attracts Tata Investment, Dixon Production Plans Begin

0
With the new ECMS scheme, Dixon and Tata look to power homegrown electronics onto the world stage. Tata has reportedly invested ₹20 billion. Dixon Technologies...

NEMC Funds 19 Semiconductor Startups

0
The funding supports critical needs like software, training, and IP protection, boosting the U.S. microelectronics ecosystem and global competitiveness. The Northeast Microelectronics Coalition (NEMC) Hub...

India May Revise EV Policy Following Trade Talks

0
With major policy changes hinging on the outcome of trade negotiations, India may slash import duties and ease investment rules to attract global EV...

Samsung, Micron Exit DDR4, Taiwan Steps In

0
DDR4 era ending? Samsung and Micron cut output, followed by SK Hynix. Taiwanese firms are gaining momentum as DDR5 and HBM take centre stage...

Suzlon Lands 378MW Wind Deal With NTPC Green Energy

0
Powering India’s green goals in Karnataka, Suzlon clinches 378MW wind deal with NTPC Green Energy, boosting their clean power partnership to 1.54GW. Wind turbine...

Learn From Leaders

Dr Venkatesh Vadde, Co-founder and CEO, Sensio Enterprises

“We Are One Of The Very Few—Perhaps Two Or Three—Companies Globally That Are Actually...

0
A decade ago, smartwatches were unknown. But now, the still nascent wearable market is talking about smart rings for health monitoring! What does Bengaluru’s...
Agalya Kondappan, Managing Director, Glonix Electronics Private Limited

“By Procuring Components In One Lot And Fabricating The Boards At Once, Clients Can...

0
Calling themselves a comprehensive solution provider, how is a company ensuring component authenticity, managing pricing, fabricating and assembling, then offering cost-effective bulk solutions? Agalya...
Kiran M S, Founder and Managing Director, Indus Technologies

“We Collaborate Directly With Customers Due To Ongoing Market Volatility To Create More Realistic,...

0
Can volatile supply chains be tackled without traditional forecasting tools? With 15 years in the industry, Kiran M S of Indus Technologies tells EFY’s...
Avesh Memon, Founder and CEO, Rilox EV Private Limited

“There Should Be Additional PLI Schemes For SMEs”- Avesh Memon, Rilox EV

0
As electric logistics gain momentum, key roadblocks remain. Avesh Memon of Rilox EV breaks down how limited charging infrastructure, high EV costs, and battery...

“We Aim To Make Every Garage In India EV-Ready” – Shubham Mishra of BatteryOK...

0
How Battery diagnostics in electric vehicles can be upgraded leveraging artificial intelligence? Shubham Mishra of BatteryOK Technologies, shares these insights with EFY’s Aryaman Raghuvanshi...

Startups

Dr Venkatesh Vadde, Co-founder and CEO, Sensio Enterprises

“We Are One Of The Very Few—Perhaps Two Or Three—Companies Globally That Are Actually...

0
A decade ago, smartwatches were unknown. But now, the still nascent wearable market is talking about smart rings for health monitoring! What does Bengaluru’s...

Inside BluSmart’s Stunning Fall After SEBI Crackdown Turns Green Ride Red

0
Once India’s EV poster child, BluSmart has halted services after SEBI exposed massive fund misuse, unravelling a cautionary tale of ambition, misgovernance, and lost...

IG Drones Reports 330% Revenue Growth In FY25, Eyes ₹1B Target

0
Soaring with 330% revenue growth in FY25, startup IG Drones eyes ₹1 billion in FY26, backed by booming demand, new drones, and global expansion...

Plugzmart’s Indigenous EV Fast Charger Gets ARAI Approval

0
Powering heavy-duty vehicles in 20 minutes while backing India’s push for tech self-reliance, Plugzmart’s fully homegrown 240kW EV fast charger earns ARAI nod. Plugzmart,...

Ather Energy Mulls $50 Million IPO Cut

0
Due to market volatility, Ather Energy may trim its $400 million IPO by $50 million but plans to proceed with the offering in the...