There is one manufacturer in the global intelligent floor cleaning robot market that many consumers will not be unfamiliar with, and it is Ecovacs from China, a company that started out as a foundry business and created its own brand, eventually becoming a world-renowned first-tier brand of floor sweepers.
Ecovacs was founded on March 11, 1998.
In 2006, the world’s first floor cleaning robot “Deebot” was born.
On May 28, 2018, Ecovacs was officially listed on the main board of Shanghai Stock Exchange under the stock code “603486”.
Ecovacs Deebot is a set of automatic cleaning and human intelligence in one of the ground cleaning robot, the whole process without manual intervention, sweeping and throwing drag in one step, there is a fixed point, along the edge, fine sweeping, automatic four work modes can be selected, completely free your hands. Now the market has 5 series, 6 series, 7 series, and 9 series and other products. The floor treasure is mainly suitable for hard ground work, such as floor, tile, short pile carpet, tile and other hard floors.
Ecovacs is now in addition to the floor treasure series, there are robotic products for window cleaning and other housekeeping robots and other product lines. And also for the cleaning of intelligent small appliances brand launched the “TINECO ” series.
Ecovacs is also currently facing a lot of competitive pressure in the market, with continued pressure from international brands on the one hand, and an influx of Chinese startups entering the space, most notably start-ups like Roborock, on the other.
On the other hand, it is because the independent transformation has led to the abandonment of a number of OEM orders, which has had some impact on the company’s revenue. This is also not a small challenge for a manufacturing company that started as a foundry.