Press release
Vacuum Cleaner Market is projected to reach USD 13648 million by 2022 | – Dyson, Electrolux, TTI, Shark Ninja (Euro-Pro), Miele, Bissell, Nilfisk, Philips, Bosch, SEB, IRobot, Karcher, Panasonic.
According to our research report, the Vacuum Cleaner Market is estimated to be USD 12791 Million in 2017 and is projected to reach USD 13648 Million by 2022, at a CAGR of 4.02% from 2017 to 2022.
Vacuum Cleaner Market Overview:
Increasing industrialization has led to an increase in the demand for fast cleaning methods for homes. Busy lifestyles have led customers to opt for faster methods of cleaning like the vacuum cleaners.
Browse details of 116 numbers of pages research report developed on Vacuum Cleaner Market @ https://www.researchcosmos.com/reports/vacuum-cleaner-market-report-2017-global-industry-analysis-trends-and-market-overview/10791011
Vacuum Cleaner Market Drivers and Restraints:
The global vacuum cleaner market is expected to experience growing demand due to developments, innovations and greater efficiency. Growing hygiene needs in residential and commercial applications are expected to drive demand during the forecast period. Automatic and programmable vacuum cleaners are expected to be the main drivers of revenue over the next seven years. The robotic product helps reduce labor, reduces labor and provides a cleaner environment in industrial environments and warehouses. It is also expected that technological advances, such as the use of touch control technology and speech recognition to enhance the user experience, which will drive revenue growth. In addition, it is expected that the growing preference for automatic and smart vacuum cleaners, such as robotic vacuum cleaners, will significantly contribute to the global market.
The high cost and low battery life can be a challenge for the growth of the industry. Failure to effectively clean up the complex structure is expected to hamper market growth over the forecast period.
Industry players should invest in research and development to provide an innovative solution that can further increase opportunities over the next seven years. The vacuum cleaner market includes end-use for residential and commercial purposes. The increase in disposable income is also expected to increase demand over the forecast period. Innovative space memory technology is expected to drive the growth of the residential segment.
Vacuum Cleaner Market Regional Analysis:
The global market is analyzed in four regions, namely North America, Europe, Asia-Pacific and LAMEA, as well as their major countries. Geographically, Asia-Pacific is expected to dominate the market due to the growing consumer preference for replacing conventional cleaning techniques with automated cleaning solutions. Increasing disposable income and increasing awareness of the benefits of vacuum cleaners are other factors contributing to market growth. North America and Europe are expected to be a key region during the forecast period due to increased disposable income, increasing concern for hygiene, and reduced time spent on household chores. The Asia-Pacific region can also show significant growth due to the presence of market participants in Japan.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/vacuum-cleaner-market-report-2017-global-industry-analysis-trends-and-market-overview/10791011
Vacuum Cleaner Market Key Market Players:
Some of the leading key players are Dyson, Electrolux, TTI, Shark Ninja (Euro-Pro), Miele, Bissell, Nilfisk, Philips, Bosch, SEB, IRobot, Karcher, Panasonic, LG, Arcelik, Zelmer, Gorenje, Hanool Robotics.
Vacuum Cleaner Market Segmentation:
Type
• Cylinder
• Upright
• Hand-held
• Vacuum cleaning robot
Application
• Household
• Industrial
Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and America
For any queries, inquire more @ https://www.researchcosmos.com/inquire/vacuum-cleaner-market-report-2017-global-industry-analysis-trends-and-market-overview/10791011
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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www.researchcosmos.com
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