Yicai Global: US-based iRobot falls behind in China’s sweeping robot market as local competitors muscle in
Chinese article by 爱集微
English Editor 张未名
02-23 14:58

(JW Insights) Feb 23 -- iRobot, once the world’s largest sweeping robot company, has gradually been pushed aside in the Chinese market by local competitors, with its share of the domestic online sales market falling to just 0.4 percent last year, Yicai Global reported on February 21.

The top three brands by market share in China’s online sweeping robot market in 2022 were Chinese firms Ecovacs (科沃斯), Roborock (石头科技) and Narwal (云鲸智能), with iRobot down in 11th place, according to industry analysis website AVC. Ecovacs had a market share of nearly 40 percent.

Five or six years ago, iRobot had confidence in the Chinese market. Its founder Colin Angle came to China almost every year to give speeches at universities and attend iRobot’s new product launches. But since 2021, iRobot has gradually been overtaken by Chinese manufacturers.

According to its latest results, iRobot’s global revenue fell 24 percent to $1.18 billion (about RMB8.1 billion) last year, and the company had a net loss of nearly $290 million.

“The common problem of foreign brands in China’s cleaning electrical appliance market is that they cannot adapt to the conditions here,” said Tian Yali, general manager of the cleaning electrical division of AVC.

One example is that the standard home flooring in China is different from the United States. Carpets are common in the US, but Chinese homes generally have hard floors such as tiles so the integrated sweeping and mopping function of Chinese robots is welcomed. But iRobot only offers separate sweeping robots and floor wiping robots, believing that this makes the products more effective.

Wang Hui, general manager of Dreame, told Yicai Global that Chinese makers are also catching up with foreign rivals in terms of core component technologies, laser navigation and smart algorithms.

iRobot has cut its prices in the Chinese market this year but the products are still not that competitive in their corresponding price segments, so the firm is facing an uphill battle in China.

(Yuan XY)

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