Robotic Vacuum Cleaner Market Share: Global Trends and Future Outlook
Robotic Vacuum Cleaner Market Size, Share, Growth, Trends, Demand, Drivers & Industry Analysis, This comprehensive report delves into critical market segmentation and definitions, providing key insights into the KW. It highlights the critical components driving growth and provides a clear picture of the industry’s trajectory. Using SWOT and PESTEL analyses, the report assesses the market’s strengths, weaknesses, opportunities, and threats, as well as political, economic, social, technological, environmental, and legal factors that influence the landscape.
The study provides valuable insights into the competitive landscape, focusing on recent developments and geographical distribution across key regions. Expert competitor analysis provides a thorough understanding of market dynamics and strategic advice to businesses and investors.
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Market Summary:
The global robotic vacuum cleaner market size was valued at USD 9.77 billion in 2020 and is projected to grow from USD 11.97 billion in 2021 to USD 50.65 billion in 2028, exhibiting a CAGR of 27.2% during the forecast period. Asia Pacific dominated the logistics robots market with a market share of 31.62% in 2020.
With robust analysis and future projections, this report serves as a vital resource for stakeholders looking to capitalize on emerging opportunities and navigate challenges in the Robotic Vacuum Cleaner Market, recent industry developments are;
- Neato Robotics announced the launch of new intelligent robot vacuum cleaner models under its premium product line, namely Neato D10, D9, and D8 at IFA, Berlin 2020
- ECOVACS introduced a new product in their T8 series of robotic vacuum cleaners, the DEEBOT OZMO T8, with advanced object detection technology, innovative accessories such as OZMO Pro Mopping System and Auto-Empty Station for hassle-free cleaning.
- ECOVACS officially launched its new AI (Artificial Intelligence) powered floor cleaning residential robot, the DEEBOT OZMO 960 and the award-winning window cleaning robot, the WINBOT X, in CES (Consumer Electronics Show) 2019 held in Las Vegas.
- Samsung Electronics announced the latest innovative and popular line of POWERbot vacuum cleaners, VR7000, in CES (Consumer Electronics Show) 2017 held in Las Vegas, that is made for hard-to-reach places and has enough suction capacity.
This report profiles key players in the Robotic Vacuum Cleaner Market based on the following parameters – company details (found date, headquarters, manufacturing bases), product portfolio, sales data, market share and ranking.
Major Players:
Many prominent players are focusing on sustainability strategies to determine the market’s future direction. These major upgrades and strategies are expected to open up new revenue streams for manufacturers in the long run. Companies includes Dyson Ltd. (Malmesbury, U.K.), ECOVACS (Suzhou, China), iRobot Corporation (Massachusetts?, U.S), LG Electronics (Seoul, South Korea), Samsung Corporation (Seoul, South Korea), Proscenic (Zhengzhou, China), Matsutek Enterprises Co. Ltd. (Taipei, Taiwan), Neato Robotics (Newark, California), Koninklijke Philips N.V. (Amsterdam, Netherlands), Robert Bosch GmbH (Gerlingen, Germany), Panasonic Corporation (Osaka?, Japan), Bissell Inc. (Grand Rapids, Michigan), Miele & Cie. KG (Gütersloh, Germany), Sharp Corporation (Osaka?, Japan)
Segmentation:
Robotic Vacuum Cleaner Market Size, Share & Industry Analysis, By Type (Floor Vacuum Cleaner, Window Vacuum Cleaner, Pool Vacuum Cleaner), By Application (Household and Commercial), By Operation Mode (Self-Drive & Remote Control), By Distribution Channel (Online & Offline), By Price (Below USD 150, USD 150 – 300, USD 300 – 500, Above USD 500) and Regional Forecast, 2021-2028
Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
Table of Contents:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Key Industry Developments – Merger, Acquisitions, and Partnerships
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Developments
- Value Chain Analysis
TOC Continued…!
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Robotic Vacuum Cleaner Market Drivers & Restrains:
- Drivers:
- Increasing consumer demand for convenience and time-saving solutions in home cleaning driving the popularity of robotic vacuum cleaners.
- Technological advancements in navigation and mapping technologies enhancing the efficiency and performance of robotic vacuum cleaners.
- Restraints:
- High initial purchase cost compared to traditional vacuum cleaners may deter budget-conscious consumers from investing in robotic options.
- Concerns over reliability and effectiveness on various surfaces, as well as limitations in cleaning larger areas, may limit market growth.
Reasons to Purchase the Report:
This report profiles key players in the Robotic Vacuum Cleaner Market, covering essential parameters such as company details (founding date, headquarters, and manufacturing bases), product portfolio, sales data, market share, and rankings.
It offers key insights into market drivers, restraints, opportunities, emerging trends, and regional outlook.
The report provides an in-depth analysis of the Robotic Vacuum Cleaner Market, including market size (in US$ Million) and the CAGR forecast for the period 2024-2032, with 2023 as the base year.
It highlights potential market opportunities across various segments and presents attractive investment proposition matrices for the market.
Segmentation by Region:
- North America (By Type, Application, Operation Mode, Distribution Channel, Price and Country)
- U.S. (By Type)
- Canada (By Type)
- Europe (By Type, Application, Operation Mode, Distribution Channel, Price and Country)
- U.K. (By Type)
- Germany (By Type)
- France (By Type)
- Rest of Europe
- Asia Pacific (By Type, Application, Operation Mode, Distribution Channel, Price and Country)
- China (By Type)
- India (By Type)
- Japan (By Type)
- Southeast Asia (By Type)
- Rest of Asia Pacific
- Middle East & Africa (By Type, Application, Operation Mode, Distribution Channel, Price and Country)
- GCC (By Type)
- South Africa (By Type)
- Rest of the Middle East & Africa
- Latin America (By Type, Application, Operation Mode, Distribution Channel, Price and Country)
- Brazil (By Type)
- Mexico (By Type)
- Rest of Latin America
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