Press release
Residential Robotic Vacuum cleaner Market expected to hit USD84.74 Bn by 2029 at a growth rate of 28.4 percent
Pune 24 Feb 2023: The "Residential Robotic Vacuum cleaner Market" was USD11.47 Bn in 2021 and is expected to grow at a CAGR of 28.4 percent during the forecast period to reach USD84.74 Bn by 2029. The Residential Robotic Vacuum Cleaner Market report is published by Maximize Market Research available in the market. It has got clients in the Consumer Goods & Services segment in more than 34 countries.Residential Robotic Vacuum Cleaner Market Scope and Research Methodology
The Residential Robotic Vacuum Cleaner Market report includes an overview in terms of the past and present situation, key manufacturers, segments and sub-segments, regions and marketplace. The medium and long run. The report provides an in-depth analysis of the global Residential Robotic Vacuum Cleaner market trends, predictions, and monetary values. The Residential Robotic Vacuum Cleaner Market report provides information on competencies, public demands, consumption and import and export in all five geographic regions.
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Data from interviews, surveys, questionnaires and opinions of business owners, market leaders are collected in primary research whereas information from paid databases, public records, industry journals and annual reports is collected in secondary research. Collected data of the Residential Robotic Vacuum Cleaner Market has been analysed through SWOT, PESTLE and PORTER's five force model.
Limited time for household responsibilities driving the Residential Robotic Vacuum Cleaner Market
Increased technological developments and emerging products including features such as room mapping, laser vision, spinning brushes are attracting consumers across the globe. Changing lifestyle and long working hours leave no room for chores and housekeeping. All these factors are expected to drive the global Residential Robotic Vacuum Cleaner Market.
Multiple key companies such as iRobot Corporation, Dyson Inc, Philips Electronics N.V and LG Electronics Inc., AB Electrolux introducing smart vacuum cleaners. The smart vacuum cleaner has 360 degree camera mounted in it with twelve multiple sensors. These technologies are driving the global Residential Robotic Vacuum Cleaner Market at a significant growth. The battery life and high electricity consumption are expected to constrain the growth of Residential Robotic Vacuum Cleaner Market.
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Asia Pacific expected to hold the largest share of the market
Due to technical developments and the presence of premium brands North America and Europe dominated the Residential Robotic Vacuum Cleaner Market in 2021. But the increased disposable income of the population in developing economies such as China and India is attracting manufacturers to enter in the Asia Pacific Residential Robotic Vacuum Cleaner Market. All these factors are expected to drive the Asia Pacific in global Residential Robotic Vacuum Cleaner market throughout the forecast period.
Residential Robotic Vacuum Cleaner Market Segmentation
By Type:
In-house Robot
Outdoor Robot
By Charging Type:
Manual Charging
Battery Charging
By Operation Mode:
Self-Mode
Remote Control
By Distribution Channel:
Online
Offline
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Residential Robotic Vacuum Cleaner Market Key Players Include:
iRobot Corporation
Neato Robotics, Inc.
Dyson Inc
Ecovacs Robotics, Inc.
Philips Electronics N.V
Samsung Electronics Co., Ltd
BLACK+DECKER Inc. (Stanley Black & Decker, Inc.)
Robert Bosch GmbH
Panasonic Corporation
Miele & Cie. KG
LG Electronics Inc.
Haier Group Corporation
Electrolux AB
Bissell Inc.
Cecotec Innovaciones Sl
AB Electrolux
AirCraft Home Ltd.
Yujin Robot, Co., Ltd.
Hayward Industries, Inc.
Pentair plc.
Table of Content for Global Residential Robotic Vacuum Cleaner Market:
Global Residential Robotic Vacuum Cleaner Market: Research Methodology
Global Residential Robotic Vacuum Cleaner Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Residential Robotic Vacuum Cleaner Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Global Residential Robotic Vacuum Cleaner Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Charging Type (2021-2029)
Global Market, by Operation Mode (2021-2029)
Global Market, by Distribution Channel (2021-2029)
Regional Residential Robotic Vacuum Cleaner Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Charging Type (2021-2029)
Regional Market, by Operation Mode (2021-2029)
Regional Market, by Distribution Channel (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Charging Type, Operation Mode, Distribution Channel
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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