Global Robotic Vacuum Cleaner Market Outlook 2019-2024
Added: (Fri Jun 28 2019)
Bharat Book Bureau Provides the Trending Market Research Report on “Robotic Vacuum Cleaner Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” under Media & Technology category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Global Robotic Vacuum Cleaner Market was worth US$ 3.9 Billion in 2018. A robotic vacuum cleaner refers to an autonomous robot equipped with an intelligent software program. It performs the functions of a regular vacuum cleaner with minimal to no human intervention. As these cleaners are compact in size, they can easily access and clean spaces under beds, cabinets and tables. They produce less noise as compared to their non-robotic counterparts and are fitted with sensors which prevent them from hitting other objects or falling down the stairs. As they complete the chores in lesser time and at a lower cost without any manual labor, they are increasingly becoming popular across commercial and residential sectors for cleaning windows, pools, lawns and floors.
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Changing socioeconomic factors such as an increasing number of working women, escalating income levels in households and a consequent rise in purchasing power have positively impacted the sales of robotic vacuum cleaners which are yet to attain mass acceptance due to their high costs. Furthermore, growing inclination towards cleanliness and hygiene coupled with busy schedules and reduced time for household chores has increased the demand for robotic vacuum cleaners. Another factor responsible for the growth of the market is the consumers’ preference for smart and innovative electrical appliances. For instance, some variants of robotic vacuum cleaners are extremely advanced in terms of technology and are equipped with 360° cameras and additional sensors to aid in navigation. According to Our Group, the market value is projected to reach US$ 7.5 Billion by 2024, exhibiting a CAGR of 11.4% during 2019-2024.
Report Coverage:
Historical, Current and Future Market Trends
Market Breakup by Type:
Robotic Floor Vacuum Cleaner
Robotic Pool Vacuum Cleaner
Market Breakup by Type of Charging:
Manual Charging
Automatic Charging
Market Breakup by Distribution Channel:
Institutional/Direct Sales
Retail Sales
Market Breakup by Application:
Vacuum Cleaning Only
Vacuum Cleaning and Mopping
Market Breakup by End-User:
Residential
Commercial
Hospitality
Offices
Healthcare
Retail
Others
Market Breakup by Region:
Europe
North America
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being iRobot Corporation, ECOVACS ROBOTICS, Neato Robotics, Dyson Ltd., Samsung Electronics Co. Ltd., Maytronics Ltd., Metapo, Inc, Koninklijke Philips N.V., LG Electronics Inc., Panasonic Corporation, Miele & Cie. KG, Hayward Industries, Inc., Haier Electronics Group Co Ltd, Sharp Corporation, ILIFE Robotics Technology, Vorwerk & Co. KG, Taurus Group, Groupe Seb Deutschland Gmbh, Pentair plc, bObsweep Inc., etc.
Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/robotic-vacuum-cleaner-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2019-2024/1598720
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Submitted by:Sandhya Nair