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Ecovacs robotic lawn mower doubles growth

zhizhijia — Mon, 02 Sep 2024 07:25:15 +0000

Ecovacs robotic lawn mower doubles growth

Ecovacs robotic lawn mower

zhizhijia Mon, 09/02/2024 - 15:25

Dreame has entered the field of intelligent lawn mowers from the track of robotic vacuum cleaners, while Ninebot has entered the field of intelligent lawn mowers from electric two wheelers, and has achieved good results so far.

After its release on IFA, Zhumi received nearly 20000 orders a month later. Its sales target for 2024 is around 30000 units, and it aims to reach 300000 units within three years, with the goal of having the highest market share.

In September 2021, Company 9 released the Segway intelligent lawn mower robot Navimow, which will be available for sale in Europe starting from the second quarter of 2022. In 2023, the annual sales revenue of the No. 9 intelligent lawn mower exceeded 224 million yuan. In the first half of 2024, the sales revenue of intelligent lawn mowers was 449 million yuan.

However, Ecovacs, which is also a robotic vacuum cleaner, has never publicly released sales data or sales targets, which makes people curious about their current sales figures and when they can break through 100 million?

As a cutting-edge brand of intelligent lawn mowers, Hanyang Technology, in the early stage of sales preheating this year, its yard robot Yarbo had a lock order volume of nearly 100 million yuan in just one month after its launch. On the day of its official launch, it received $2 million in orders, which was very popular. According to group communication, the current shipment volume of Hanyang Technology has reached 10000 units, with a unit price of over 9000 US dollars at the beginning, and now it is over 4000 US dollars. Based on this sales volume, the sales revenue is estimated to reach 300-600 million.

At the autumn strategic new product launch event on October 26, 2022, Ecovacs officially launched its first Ecovacs robotic lawn mower GOAT G1.

The newly launched robotic lawn mower GOAT G1 effectively solves the three main problems of current lawn mowers: boundary perception, precise positioning, and navigation obstacle avoidance. The device is equipped with a Truemapping quadruple positioning system, a 360 degree panoramic camera, and a fisheye camera, with an effective field of view of 100 meters. It achieves centimeter level positioning through more than 500 three-dimensional feature points. In addition, the system also integrates UWB ultra wideband wireless carrier communication, inertial navigation, and GPS positioning technologies, further improving the positioning performance of GOAT G1.

Source

电动工具行业前瞻 | Ecovacs

Will Ninebot become the next DJI?

zhizhijia — Fri, 30 Aug 2024 07:39:22 +0000

Will Ninebot become the next DJI?

Navimow

zhizhijia Fri, 08/30/2024 - 15:39

After entering August, it is once again the season of gathering semi annual reports.

According to the just released semi annual report, Ninebot earned 6.6 billion yuan in the first half of the year, with a net profit of 596 million yuan, a year-on-year increase of 52% in revenue, and a net profit growth of 168%.

In the current environment, such good performance is rare, and such good companies are also scarce. As soon as the performance is announced, the secondary market also surged by 10%, and the total market value of the company now exceeds 32 billion.

1. Both Ninebot and DJI are companies that produce technology products;

2. DJI's overseas business has developed very well, and in terms of revenue proportion, the overseas revenue proportion of Ninebot has almost reached half.

In the first half of this year, the revenue of lawn mowing robots was 449 million, a threefold increase. Mainly sold to Europe and US.

Lawn mowing robots are very similar to floor sweeping robots, and the market space for lawn mowing robots may not necessarily be larger, so the future valuation situation is still difficult to say.

Source

钛媒体APP | segway.com | ninebot.com

Who are the players of intelligent lawn mowing robots in China?

zhizhijia — Fri, 30 Aug 2024 00:08:50 +0000

Who are the players of intelligent lawn mowing robots in China?

positec product (website screenshot)

zhizhijia Fri, 08/30/2024 - 08:08

Mowing robots have been a hot and popular track in China in the past two years. After the traditional powerhouse player Baoshide, new players such as Jiuhao, Ecovacs, and Zhumi have emerged, but there are also some who have been eliminated. So, let's take a look at who are the players on this track today? Of course, we can only list some well-known companies and brands, and we welcome everyone to leave a message to supplement.

At present, the mechanization rate of lawn mowing tools worldwide is only 10%, mainly due to the lack of intelligence in the products and poor user experience. The technical bottlenecks behind these issues are "boundary perception," "precise positioning," and "navigation obstacle avoidance.

According to Grand View Research data, the global lawn mower market reached $30.4 billion in 2021 and is growing at a compound annual growth rate of 5.7%. Among them, the overall market penetration rate of intelligent robot lawn mowers is only 4%. The global lawn mower robot market size is expected to reach 3.5 billion US dollars in 2026, and the expected compound growth rate from 2021 to 2026 is expected to reach 12%.

Source

江南电器工具联盟 | .positecgroup.com

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Ecovacs robotic lawn mower doubles growth

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Will Ninebot become the next DJI?

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Who are the players of intelligent lawn mowing robots in China?

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