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Robotic Vacuum Cleaner Market Emerging Trends with top Key Manufacturers to account for US$ 2.4 Bn by 2022

07-18-2022 09:01 AM CET | Industry, Real Estate & Construction

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Robotic Vacuum Cleaner Market 2022

Robotic Vacuum Cleaner Market 2022

Robotic Vacuum Cleaner Market 2022

According to the latest market report published by Persistence Market Research, titled "Global Market Study on Residential Robotic Vacuum Cleaner: Europe to Be the Most Lucrative Region throughout the Forecast Period", the Residential Robotic Vacuum Cleaner Market Size is estimated to be valued at US$ 1,255.0 Mn by the end of 2015 and is anticipated to expand at a CAGR of 12.0% from 2015 to 2022 in terms of value, to account for US$ 2,475.0 Mn by 2022.

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Robotic vacuum cleaners commonly called robovacs, are mainly used for cleaning residential spaces, such as floors, pools, and gutters. The device comprises a mobile base, cleaning system, programming software, batteries, and other accessories. Robovacs use intelligent sensors to clean tight corners and hard-to-reach surfaces. It is equipped with various advanced features such as laser vision, room mapping, self-charging and others to offer convenience to users.

Key Players:

The report has profiled some of the Important players prevalent in the global like - iRobot Corporation, Neato Robotics, Inc., Yujin Robot, Co., Ltd., Dyson Inc., Ecovacs Robotics, Inc., Hayward Industries, Inc., Philips Electronics N.V, Samsung Electronics Co., Ltd., Pentair plc and Milagrow Business & Knowledge Solutions (Pvt.) Limited and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Residential Robotic Vacuum Cleaner   

The global Residential Robotic Vacuum Cleaner Market Size is expected to witness significant growth during the forecast (2015-2022). Various factors such as growing demand for automated cleaning, increasing consumer inclination towards various types of cleaning products and rising disposable income. Trends that follow with the growth of Residential Robotic Vacuum Cleaner Market Size include growing product innovation, increasing R&D expenditure by key market players and growing number of market players. In terms of value, the global Residential Robotic Vacuum Cleaner Market Size is expected to expand at a CAGR of 12.0% from 2015 to 2022, to be valued at US$ 2,475.0 Mn by 2022. In terms of volume, production of residential robotic vacuum cleaner is expected to be 1,913.5 thousand units by the end of 2015 and is expected to reach 4,783.0 thousand units by 2022, exhibiting a CAGR of 16.5%.

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On the basis of robot type, the global Residential Robotic Vacuum Cleaner Market Size is segmented into an in-house robot and outdoor robot. In terms of value, the in-house robot segment is expected to account for 83.3% share of the global Residential Robotic Vacuum Cleaner Market Size by the end of 2015 and is anticipated to expand at CAGR of 9.9% during the forecast period. In terms of volume, the in-house robots segment stood at 1,309.1 thousand units in 2014.

On the basis of mode of charging, the global Residential Robotic Vacuum Cleaner Market Size is segmented into manual charging and auto battery charging segments. In terms of value, the manual charging segment is expected to expand at the highest CAGR of 12.0% during the forecast period, while the auto battery charging segment is expected to be valued at US$ 1,775.6 Mn by 2022.

The report provides in-depth information about various factors and trends affecting each segment and provides analysis and insights about the potential of the Residential Robotic Vacuum Cleaner Market Size in specific regions. On the basis of region, the global market of Residential Robotic Vacuum Cleaner Market Size is segmented into five regions; among these, Europe is expected to dominate the market, accounting for 44.6% value share by the end of 2015 and it is expected to remain dominant by 2022. However, the Middle East & Africa market is anticipated to expand at the highest CAGR during the forecast period.

Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders
Residential Robotic Vacuum Cleaner Market Size Manufacturers
Residential Robotic Vacuum Cleaner Market Size Distributors/Traders/Wholesalers
Residential Robotic Vacuum Cleaner Market Size Subcomponent Manufacturers
Industry Association
Downstream Vendors

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Key Questions Answered in the Robotic Vacuum Cleaner Market Report

How is the Robotic Vacuum Cleaner Market expected to grow over the projected period?

What direction is the Robotic Vacuum Cleaner Market expected to take in terms of volume and value during the forecast period?

What is the impact of macroeconomic factors on the Robotic Vacuum Cleaner Market in future?

What are the key market drivers in the Robotic Vacuum Cleaner Market?

What are significant opportunities and improvement areas for Robotic Vacuum Cleaner Market manufacturers?

What are the key developments and trends taking over the Robotic Vacuum Cleaner Market?

Which are the emerging countries that are expected to create significant growth opportunities in the Robotic Vacuum Cleaner Market?  

Related Reports- 

Sales Analytics Software Market - https://www.persistencemarketresearch.com/market-research/sales-analytics-software-market.asp

Enterprise Governance, Risk and Compliance Market - https://www.persistencemarketresearch.com/market-research/enterprise-governance-risk-compliance-market.asp

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Persistence Market Research          
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NY 10007 United States
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About us: 

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

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