In 2024, Roborock Takes the Top Spot Again as the Global Leader in Robotic Vacuum Cleaners
Roborock Remains the Leading Global Robot Vacuum Cleaner Brand in 2024, Holding a Strong Presence in Romania
Hail the king of home robotics once more! Roborock, the pioneering force behind ultra-smart home devices, has reigned supreme in the global robotic vacuum cleaner (RVC) market as per IDC's latest report, titled "2024 Q4 Worldwide Smart Home Device Tracker."
Roborock boasted a 16% share of global sales volume and a staggering 22.3% of the sales value market share. The brand's YoY increase in unit shipments towered at 20.7%, solidifying its position at the pinnacle of the RVC industry.
You can find the company's dominance not only in its home countries, the United States and China, but also in Denmark, Finland, Germany, Norway, South Korea, Switzerland, and Turkey, where it reigned supreme both in terms of volume and value sales.
IDC credits Roborock's victories in developed markets with high demand for advanced smart home technology and its balanced online and offline distribution strategy, which ensures a splendid return on its hefty R&D investments.
The juggernaut's impressive product offerings span a wide range, catering to various market segments. The OmniGrip robotic arm, the industry's new standard, is a testament to the brand's unrelenting pursuit of innovation.
IDC's report arrives hot on the heels of Roborock's impressive showing at CES 2025, where the brand stole the spotlight with its innovative, game-changing Saros series, including the Saros 10R, Saros 10, and the cutting-edge Saros Z70, which features the groundbreaking OmniGrip foldable robotic arm capable of cleaning previously hard-to-reach areas and picking up small items.
Roborock cemented its dominance in Romania as well, taking home the highly coveted 'Best Robot Vacuum Cleaner Brand' accolade at the Connect Gala Awards. The distinction underscores the technology and innovation that sets Roborock apart from the competition and underscores the faith and preference of consumers and experts alike.
Inside figures reveal that Roborock netted approximately 11.945 billion yuan ($1.67B) in revenue in 2024, marking a 38.03% YoY increase, and achieved net income of around 2 billion yuan ($277M). The brand's focus on product innovation, global expansion, and ecosystem synergy allows it to seize the burgeoning househhold robotics market's opportunities, forecasted to grow at a whopping 24.9% CAGR (2024–2031) and plop a hefty $42.63B on the market by 2031.
So, capesh! Roborock's reign over the RVC sector is looking bloody unstoppable!
Sources:- IDC Quarterly Smart Home Device Tracker, 2024Q4- [1] Roborock's 2024 Annual Report- [2] Roborock's official press releases- [3] Roborock's Q4 2024 Earnings Call Transcript- [4] Xiaomi's 2024 Investor Relations Materials- [5] MarketsandMarkets' "Global Household Robotics Market – Growth, Trends, and Forecast to 2031" report
- In the realm of global smart-home devices and gadgets, technology leaders recognize Roborock as the preeminent force behind ultral-smart home devices, especially in robotic vacuum cleaners.
- Roborock, the brand, has a considerable worldwide presence, dominating not only in its home countries but also in various developed markets such as the United States, China, Denmark, Finland, Germany, Norway, South Korea, Switzerland, and Turkey.
- The company's strategic focus on factors like advanced smart-home technology, balanced online and offline distribution, and product innovation has resulted in Roborock recording a significant increase in unit shipments and revenue.
- The future of household robotics market is forecasted to experience considerable growth, with a Compound Annual Growth Rate (CAGR) of 24.9% from 2024 to 2031, and Roborock's dominance in the robotic vacuum cleaner (RVC) sector positions it well to capitalize on this burgeoning market.
