Household vacuum cleaners Market Global Research By Best Manufactures iRobot, Dyson, Bissel & Electrolux

This report studies the global Household vacuum cleaners Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Single Board Computer Market by companies, region, type and end-use industry.

Household vacuum cleaners market size will surpass USD 17.5 billion by 2024, Global shipments are estimated to cross 130 million units by 2024, with increase at over 3.0% CAGR.

Growing urbanization across the globe has led to increased requirements for appliances that are characterized with time saving and ease of home cleaning. Sustainable life style, changing consumption pattern and increasing expenditure on household appliances are major drivers for the household vacuum cleaner market size. The technological advancements to improve efficiency and provide healthy environment will support industry growth. The associated battery issues with newer technologies may restrain household vacuum cleaners market demand.

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Scope of Report

Government mandates for the usage of eco design and energy labeling products affects the manufacturing process. For instance, the EU banned vacuum cleaner product with power over 1600W from being sold in the member countries. This limit will be reduced to 900W from September 2017. In addition, the U.S. government under EPA and NHPA regulates the technical specifications for vacuum cleaners to prevent any damage due to the electrical motor used. From 2014, the specifications stated in EU eco design and energy labeling regulations must be met by the manufacturers for manufacturing and trading in the European Union.

Technological advancements have led to products that are incorporated with smart technologies such as HEPA filters, UV sterilization, security cameras, etc. Robotic vacuum cleaners market is set to grow considerably, with products being developed by leading companies that utilize intelligent programming and other sophisticated components. It provides scheduling of cleaning with mobile application. Developments in new energy saving technologies, touch screen, voice recognition may enhance customer experience.

Upright household vacuum cleaners market share is expected to register gains at around 4% CAGR. Initial introduction of the product, featuring robustness and affordable costs are the key factors expected to fuel the segment growth. Canister household vacuum cleaners market size dominated the industry accounting for over 40% of the business revenue. Relatively lower costs, ease of usability and availability are the prominent factors influencing the high consumer adoption.

Increasing infrastructural and development activities in Mexico will present opportunistic landscape for the household vacuum cleaners market share, with gains at over 5% till 2024. Improving living standards in China, India, and Mexico have led to increased investments which further supports household vacuum cleaners market growth. Moreover, presence of major industry participants in these regions will enhance aftersales service capabilities.

Key participants in the industry include TTI, iRobot, Dyson, Bissel, and Electrolux. Other major participants include LG, Haier, Miele, etc. The household vacuum cleaners market is characterized with innovative product development and mergers & acquisitions.

Intense competitive scenario will compel players to invest heavily in R&D to gain competitive edge. Industry participants are focusing to reduce overall cost as price remains a key influencing factor in the buying decision.

Growing means of retailing channels, which include mail, telephone, catalogs, brick and mortar stores, websites, and social networking have led to increased consumer accesses to these products. Partnership establishments between manufacturers and these distribution channels will help the household vacuum cleaners market to gain high penetration over the forecast timeframe.

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Household vacuum cleaners market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million and volume in million units from 2013 to 2024, for the following segments:

Household Vacuum Cleaners Market by Product
• Cordless/Stick
• Upright
• Canister
• Central
• Drum
• Wet/Dry
• Robotic

The above information is provided on a regional basis for the following:
North America
o U.S.
o Canada
Europe
o Germany
o UK
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
MEA

Table of Content

Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope & assumptions
1.2. Data Sources
1.2.1. Primary Sources
1.2.2. Secondary Sources
Chapter 2. Executive Summary
2.1. Household vacuum cleaners industry 360? synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Product trends
Chapter 3. Household Vacuum Cleaners Industry Insights
3.1. Industry segmentation
3.2. Industry size, and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix

Complete report titled Household Vacuum Cleaners Market Size By Product (Cordless/Stick, Upright, Canister, Central, Drum, Wet/Dry, Robotic), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, Japan, India, China, Mexico, Brazil), Application Growth Potential, Price Trends, Competitive Market Share & Unit Forecast, 2016 - 2024 of 134 pages and published in February, 2017 is now available at https://www.marketstudyreport.com/reports/household-vacuum-cleaners-market-size-by-product-cordless-stick-upright-canister-central-drum-wet-dry-robotic-industry-analysis-report-regional-outlook-u-s-canada-uk-germany-japan-india-china-mexico-brazil-application-growth-potential-price-trends-competitive-market-share-unit-forecast-2016-2024

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