openPR Logo
Press release

Vacuum Cleaner Market - Global Industry Share, Growth, Trends and Forecast 2017 - 2026

05-03-2018 03:03 PM CET | Associations & Organizations

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Vacuum Cleaner Market - Global Industry Share, Growth, Trends

Growing industrialization has led to an upsurge in demand for quick methods of cleaning household. Busy lifestyles has led the customers to opt for faster methods of cleaning the household. As some of the houses have more than one stories, traditional methods of cleaning in lesser time becomes comparatively tough. Dirty floor and houses can significantly impact health of the customers globally. Adoption of the vacuum cleaners enables the end users to save time for the customers who have busy timetable. Bound to these factors, adoption of the vacuum cleaners will continue to increase among the customers with busy schedule.

Get PDF Brochure For More Industry Insights@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=34817

According to Transparency Market Research, the global vacuum cleaners market is expected to represent a value of over US$ 29,000 Mn by the end of 2026.

Harmful Cleaning Chemicals to Impact Market Growth

While there are various alternatives for cleaning the house and floors, customers prefer adopting the vacuum cleaners. As the chemical ingredients used for cleaning purposes are proving to be hazardous for the health of the infants, pets and toddler, customers are increasingly adopting the vacuum cleaners for cleaning the floors. Moreover, use of the chemical ingredients further continue to emit carcinogenic particles in the air. These chemicals continue to remain harmful to the health of the customers globally. Further, various government organizations such as the EU Commission and FDA have imposed regulations against the use of chemical ingredients for cleaning the floor of the households. As customers are becoming increasingly aware about the harmful impact of the chemical ingredients, sales of vacuum cleaners is likely to rev up during the forecast period.

Technological Advancements to Boost Demand

The robotic vacuum cleaners continue to witness increasing demand among the customers attributed to various advanced features. The vacuum cleaners are equipped with the sensors that smartly track the sequential path in order to avoid obstacles while cleaning the floor. Moreover, the robotic vacuum cleaners operate on the power supply when the battery charge runs out. Robotic vacuum cleaners that are integrated with advanced technology offer the most convenient cleaning experience to the customers. Bound to these factors, demand for the robotic vacuum cleaners continue to increase in the global market.

However, various factors are expected to inhibit growth of the global vacuum cleaners market during the forecast period. Stringent regulations imposed by the government organizations is expected to inhibit growth of the global vacuum cleaners market. For example, the European Union is increasingly focusing on reducing the consumption of the household electricity as well as CO2 emission every year while planning the ecodesign and labelling requirements of the vacuum cleaners. In order to implement the new energy label rule for vacuum cleaners, the European Union is planning to impose regulations against those vacuum cleaners that are more powerful than 900 W. These factors will continue to inhibit growth of the global vacuum cleaners market during the forecast period.

Canister Products to Generate Significant Revenues

With the growing need for cleaning the carpets and floor quickly, demand for the canister vacuum cleaners are expected to increase. On the basis of product type, the canister segment is expected to generate significant revenues, recording a value of over US$ 2,000 Mn by the end of 2026. However, the autonomous/robot product type segment is expected to witness a robust CAGR throughout the forecast period. Based on end use, the household segment is expected witness the highest revenue growth, accounting for a value of over US$ 4,000 Mn by the end of 2017. On the other hand, the independent retail store segment is expected to witness the fastest growth in the global vacuum cleaner market during the forecast period.

Get Customize Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=34817

Competition Tracking

Leading market players in the global vacuum cleaners market include Haier Group Corp., AB Electrolux, Samsung Electronics Co., Ltd., LG Electroncis, Inc., Dyson Ltd., Samsung Electronics Co., Ltd., iRobot Corporation, Bissell Inc., Koninklijke Philips, N.V., Panasonic Corporation and Techtronic Industries.

About Us:-

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact Us:-

State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vacuum Cleaner Market - Global Industry Share, Growth, Trends and Forecast 2017 - 2026 here

News-ID: 1038630 • Views:

More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 - Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth. Uncover essential discoveries and trends from
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Radiopharmaceuticals to Propel Market Expansion | Transparency Market Research, Inc
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth. Discover essential conclusions and data from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100 Analysts' Viewpoint The Technetium‐99m
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to US$ 280 Million by 2030, Driven by Rising Equine Diseases and Diagnostic Advancements
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of 6.1%
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,

All 5 Releases


More Releases for Industry

Hydro Lubricants Market Size, Analysis, and Forecast Report 2018 to 2026(By Indu …
The rising demand for hydro lubricants from manufacturing sector is also multiplying at a faster rate, on the back of their competency in upgrading the service-life of machinery. The hydro lubricants market is primarily driven on account of its low-friction attributes, which makes it highly likely to outshine the synthetic variants. Moreover, the demand for hydro lubricants for machinery assemblies is on the rise, as they facilitate in minimizing
Hydro Lubricants Market Insights, Trends & Future Development Status Recorded du …
The rising demand for hydro lubricants from manufacturing sector is also multiplying at a faster rate, on the back of their competency in upgrading the service-life of machinery. The hydro lubricants market is primarily driven on account of its low-friction attributes, which makes it highly likely to outshine the synthetic variants. Moreover, the demand for hydro lubricants for machinery assemblies is on the rise, as they facilitate in minimizing
Global Pyrite Market 2019 | Applications: Jewelry Industry, Sulfur Compounds Ind …
The major factor driving the pyrite market is the rising demand of jewelry and sulfur compounds market. This report researches the worldwide Pyrite market size (value, capacity, production, and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Pyrite breakdown data by manufacturers, region, type, and application, also analyzes the market status, market share, growth rate, future trends, market
Lipase Enzymes Market Future Forecast Indicates Impressive Growth Rate (Segmenta …
Market Outlook Increased consumption of processed food and dairy products among consumers has fuelled the demand and supply of lipase enzymes over the years. Lipase is an enzyme that catalyzes the hydrolytic reaction of fats, and reduces the formation of glycerol and fatty acids in all living organisms. It plays a vital role in the process of digestion by transporting and processing the ester bonds in triglycerides. Due to the varied
Big Bag Connection System Market Segmented By technology Automatic, Semi-Automat …
Global Big Bag Connection System Market: An Overview The key advancement in automation encourages manufacturers to adopt smart systems to increase productivity and to facilitate timely production. Owing to the perception of consumers as well as manufacturers regarding health and hygiene of product, the big bag connection system market is anticipated to propel during the forecast period. Big bag connection system ensure dust -free docking of big bags and provide flexibility
Europe Plastic Pallet Market Size, Shares, Forecast Report 2016 : Food Industry, …
This report studies sales (consumption) of Plastic Pallet in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering ShangHai Pallet Plastic Industry Co., Ltd. Shanghai Lika Plastic Manufacturing Co., Ltd. Guangzhou Plastic Industrial Corporation Ltd Shandong Liyang Plastic Molding Co.,Ltd Xinding Plastic ZheJiang Primacy Plastic Industry Co., Ltd Shanghai Qinghao Plastic Pallet Manufacture