Residential Robotic Vacuum Cleaners Market Innovations, Technology Growth and Research to 2032

The residential robotic vacuum cleaner market is anticipated to grow at a CAGR of 12.0% according to Persistence Market Research's most recent market report, "Global Market Study on Residential Robotic Vacuum Cleaner: Europe to Be the Most Lucrative Region throughout the Forecast Period".

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.

A sample of this report is available upon request @https://www.persistencemarketresearch.com/samples/3279

The global residential robotic vacuum cleaner market is expected to witness significant growth during the forecast (2015-2021). 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 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 is expected to expand at a CAGR of 12.0% from 2015 to 2021, to be valued at US$ 2,475.0 Mn by 2021. 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 2021, exhibiting a CAGR of 16.5%.

On the basis of robot type, the global residential robotic vacuum cleaner market 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 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.

Request for Methodology @ https://www.persistencemarketresearch.com/methodology/3279

On the basis of mode of charging, the global residential robotic vacuum cleaner market 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 2021.

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 in specific regions. On the basis of region, the global market of residential robotic vacuum cleaner market 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 2021. However, the Middle East & Africa market is anticipated to expand at the highest CAGR during the forecast period.

Key market players in global residential robotic vacuum cleaner market include 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. Key market players are focusing on product innovation to offer advanced products to consumers. For example, in September 2015, iRobot Corporation launched Roomba 980 vacuum cleaning robot. It is the company's first robotic vacuum cleaner to combine adaptive navigation with visual localization, cloud-connected app control and enhanced cleaning power on carpets.

Market Taxonomy

Robot Type
Outdoor Robot
In-House Robot
High End
Mid Range
Low End

Mode of Charging
Manual Charging
Auto-Battery Charging

Region
North America
Latin America
Europe
Asia Pacific
Middle East and Africa

Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.