Press release
Household Vacuum Cleaners Market Insights 2020 | Key Players : Electrolux; Eureka Forbes; Haier Inc.; iRobot Corporation; Koninklijke Philips N.V.; LG Electronics; Panasonic Corporation; SAMSUNG; others
Household Vacuum Cleaners Market
The Household Vacuum Cleaners Market report provides estimations about the growth rate and the market value based on market dynamics and growth inducing factors. While preparing this Global Household Vacuum Cleaners market analysis report, few of the attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology.
The well-established Key players in the market are: Electrolux; Eureka Forbes; Haier Inc.; iRobot Corporation; Koninklijke Philips N.V.; LG Electronics; Panasonic Corporation; SAMSUNG; BISSELL; Dyson; HausVac Inc.; Miele & Cie. KG; BLACK+DECKER Inc.; Techtronic Industries Co. Ltd.; BSH Hausgerte GmbH; Daewoo Electronics; Groupe SEB; Hitachi, Ltd.; Midea Group; Morphy Richards; NEATO ROBOTICS and Vax Ltd among others.
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What ideas and concepts are covered in the report?
- The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.
- The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.
- Data regarding the Household Vacuum Cleaners Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.
Region-based analysis of the Household Vacuum Cleaners Industry market:
- The Household Vacuum Cleaners Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.
Unique structure of the report
Global household vacuum cleaners market is expected to rise to an estimated value of USD 19.39 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the various innovations and advancements in technologies of the product.
Household Vacuum Cleaners Market Trends | Industry Segment by Product Type (Upright, Cordless/Stick, Canister, Drum, Central, Wet/Dry, Robotic, Others), Distribution Channel (Offline, Online), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) - Industry Trends and Forecast to 2026
In January 2019, Haier Inc. announced that they had completed the acquisition of Candy S.p.A. Company, which will now be operate as a subsidiary of Qingdao Haier. This acquisition will help Haier in enhancing their presence for consumer goods and appliances in the European region while the portfolio of the combined companies will have a positive effect on their revenue generations
Market Drivers:
Rapid rise in the levels of urbanization globally is expected to drive the growth of the market
Significant increase in the disposable income of individuals worldwide is expected to boost the growth of the market
Increasing focus on enhanced delivery of after-sales servicing and providing products to a wider geographical area; this factor is expected to augment growth of the market
Growth in the adoption for stick as well as robotic variants of the product; this factor is expected to foster growth of the market
Market Restraints:
Concerns regarding the product's high levels of energy consumption is expected to restrict the growth of the market
Lack of battery lives in cordless product is also expected to restrain the growth of the market
Increasing Disposable Income
Rising disposable income of the population is believed to positively impact the growth of the smart furniture over the forecast period. Further, changing lifestyle of the people such as increasing preference for smart furniture is anticipated to intensify the growth of global smart furniture market over the forecast period.
However, high cost of Household Vacuum Cleaners products is one of the key factors which are expected to limit the growth of global smart furniture market over the forecast period.
Competitive Analysis:
Global household vacuum cleaners market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of household vacuum cleaners market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Some of the Major Highlights of TOC covers:
Household Vacuum Cleaners Industry Regional Market Analysis
- Household Vacuum Cleaners Industry Production by Regions
- Global Household Vacuum Cleaners Industry Production by Regions
- Global Household Vacuum Cleaners Industry Revenue by Regions
- Household Vacuum Cleaners Industry Consumption by Regions
Household Vacuum Cleaners Industry Segment Market Analysis (by Type)
- Global Household Vacuum Cleaners Industry Production by Type
- Global Household Vacuum Cleaners Industry Revenue by Type
- Household Vacuum Cleaners Industry Price by Type
Household Vacuum Cleaners Industry Segment Market Analysis (by Application)
- Global Household Vacuum Cleaners Industry Consumption by Application
- Global Household Vacuum Cleaners Industry Consumption Market Share by Application (2014-2019)
Household Vacuum Cleaners Industry Major Manufacturers Analysis
- Household Vacuum Cleaners Industry Production Sites and Area Served
- Product Introduction, Application and Specification
- Household Vacuum Cleaners Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
- Main Business and Markets Served
Get Access To TOC Covering 200+ Topics athttps://www.databridgemarketresearch.com/toc/?dbmr=global-household-vacuum-cleaners-market
At the Last, Household Vacuum Cleaners industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher's disclaimer.
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