Press release
Robotic Vacuum Cleaner Market Is Expected to Reach $50.65 Billion by 2028 | Top Key Competitors: Dyson Ltd.,Ecovacs,iRobot Corporation,LG Electronics,Samsung Corporation,Proscenic,Matsutek Enterprises Co. Ltd.,Neato Robotics
Robotic Vacuum Cleaner Market
Market Overview:
The Robotic Vacuum Cleaner Market is a dynamic and rapidly evolving industry, with a wide range of products and services being offered to meet the growing demand for energy globally. The market can be segmented into different categories based on the type of energy being produced and consumed. Some of the key segments in the Robotic Vacuum Cleaner Market include electric power, oil and gas, renewable energy, nuclear energy, smart grid, energy storage, energy efficiency and smart home.
The global robotic vacuum cleaner market size is anticipated to hit USD 50.65 billion by 2028 and exhibit a CAGR of 27.2% during the forecast period. The market size stood at USD 9.77 billion in 2020 and is estimated to reach USD 11.97 billion in 2021.
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Key Industry Developments:
March 2020: Ecovacs launched a new TrueMapping technology equipped modern AI-driven floor cleaning robotic vacuum cleaner.
Major Key Companies Robotic Vacuum Cleaner Market Covered in The Globally Market:
Dyson Ltd.
Ecovacs
iRobot Corporation
LG Electronics
Samsung Corporation
Proscenic
Matsutek Enterprises Co. Ltd.
Neato Robotics
Koninklijke Philips N.V.
Robert Bosch GmbH
Panasonic Corporation
Bissell Inc.
Miele & Cie. KG
Sharp Corporation
Competitive Scenario-
Competitive analysis in the Robotic Vacuum Cleaner Market involves evaluating the strengths and weaknesses of current and potential competitors in the market. This can help companies identify opportunities for growth and potential threats to their business. This analysis can help companies identify their competitors, understand the competitive environment and identify opportunities and threats. Additionally, it can also help companies to develop strategies to improve their competitiveness in the market.
Growth Factor:
Rising Adoption of Smart and Innovative Systems to Boost Market Growth
Residential robotic vacuum cleaners are generally used for UV sterilization, mopping, and security cameras for safety from fire or intruders. Major manufacturers are launching products incorporated with voice recognition abilities to interpret voice commands. The rising adoption of smart and innovative automated systems is projected to prevail as a key trend fostering the global market growth.
Additionally, the growing adoption of automated products is anticipated to bolster market growth in the coming years. The rising inclination towards smart home technologies is likely to fuel market growth.
However, high costs of maintenance may hinder the market growth of these high-tech automated products and systems.
Market Segmentation:
By Type:
Floor Vacuum Cleaner
Window Vacuum Cleaner
Pool Vacuum Cleaner
By Application:
Household
Commercial
By Operation Mode:
Self-Drive
Remote Control
By Distribution Channel:
Online
Offline
By Price:
Below USD 150
USD 150 - 300
USD 300 - 500
Above USD 500
Regional Analysis and Countries Level Analysis:
North America (U.S. And Canada)
Europe (U.K., Germany, France, Italy, And Rest of Europe)
Asia Pacific (Japan, China, India, Southeast Asia, And Rest of Asia Pacific)
Middle East & Africa (South Africa, Gcc and Rest of Middle East & Africa)
Latin America (Brazil, Mexico, And Rest of Latin America)
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What are the report's objectives?
Robotic Vacuum Cleaner market report shows the estimated market size for the Market Industry at the end of the forecast period.
The research also looks at historical and current market sizes.
Based on a range of variables, the charts depict year-over-year growth (percent) and compound annual growth rate (CAGR) over the specified anticipated time.
The study includes a market overview, geographical scope, segmentation, and financial performance of the major competitors.
For the forecast period, the study examines the growth rate, market size, and market valuation.
Report & Research:
We utilize data from the demand & supply side and paid databases. All the sources and methodology adopted for gathering data and information are mentioned in our reports.
we provide customization of reports based on your requirements. It will be charged based on the scope of customization. In addition.
we provide data for a particular country and region in our reports as well as customized formats. In our reports, we cover major countries and regions. However, if there is a requirement for a specific region, we would be happy to offer the data.
we provide market share information and insights considering the scope. This service is provided as a part of customization requirements.
we provide particular chapters of the report.
Table of Content:
Key Points from TOC:
Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
Executive Summary
Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
Key Insights
4.1 Global Statistics - Key Countries
4.2 New Product Launches
4.3 Pipeline Analysis
4.4 Regulatory Scenario - Key Countries
4.5 Recent Industry Developments - Partnerships, Mergers & Acquisitions
Global Robotic Vacuum Cleaner Market Analysis, Insights and Forecast
5.1. Key Findings/ Summary
5.2. Market Analysis - By Product Type
5.3. Market Analysis - By Distribution Channel
5.4. Market Analysis - By Countries/Sub-regions
……………
Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis
11.3. Competition Dashboard
11.4. Comparative Analysis - Major Players
Company Profiles
12.1 Overview
12.2 Products & Services
12.3 SWOT Analysis
12.4 Recent developments
12.5 Major Investments
12.6 Regional Market Size and Demand
Strategic Recommendations
TOC Continued……………
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