Robotic vacuum maker Dreame says untapped global demand to drive next phase of growth
Yahoo Finance·2025-12-27 09:30

Despite intense competition that has pushed one US company into bankruptcy, the global robotic vacuum cleaner market has plenty of room for growth given low penetration rates, according to Meng Jia, president of Dreame Technology's robotic vacuum division. Meng anticipates steady growth for robotic vacuum sales over the next few years, noting that market penetration remains low - less than 10 per cent in China and under 20 per cent overseas. "The robotic vacuum category hasn't fully realised its potenti ...