Residential Robotic Vacuum Cleaner Market: 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. It 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.

To understand and assess the opportunities in this market, the report is categorically split into three sections, namely, market analysis by robot type, mode of charging, and region. This report covers the global residential robotic vacuum cleaner market performance in terms of value and volume contribution. The report includes key trends, drivers, restraints and trends influencing the growth of the global residential robotic vacuum cleaner market. Impact analysis of key growth drivers and restraints, based on the weighted average model is included in this report to better equip clients with crystal clear decision-making insights.

Request Sample : https://www.persistencemarketresearch.com/samples/3279

The report starts with an overview and introduction of the global residential robotic vacuum cleaner market and market segments. In the same section, PMR offers insights about the global residential robotic vacuum cleaner market performance in terms of both value and volume.

The residential robotic vacuum cleaner market is segmented as follows:

By Robot Type
By Mode of Charging
By Region

On the basis of robot type, the market is segmented as follows:

In-house Robot
Outdoor Robot

Of these, in-house robot segment accounted for highest share in terms of value and volume of the overall residential robotic vacuum cleaner market in 2014. The report also covers a section about the segmentation of in-house robotic vacuum cleaner on the basis of price which includes high-end price, mid-range price and low-end price. The residential robotic vacuum cleaner market is mainly driven by factors such as growing demand for automated cleaning, increasing consumer inclination towards various types of cleaning products and rising disposable income. Major trends observed in the residential robotic vacuum cleaner market include growing product advancements by key market players and growing number of market players. The report also comprises a section that analyzes the market on the basis of mode of charging and provides market size in terms of value for the forecast period.

Download TOC : https://www.persistencemarketresearch.com/market-research/residential-robotic-vacuum-cleaner-market/toc

Of the aforementioned segments, in terms of value, 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 through 2021. However, the Middle East & Africa market is anticipated to expand at the highest CAGR during the forecast period.

Global residential robotic vacuum cleaner market is also witnessing the trend of increasing R&D expenditure by key market players. For example, In September 2014, Dyson Inc. launched Dyson 360 Eye robotic vacuum cleaner. The company is reported to have invested a whopping US$ 47 Mn in R&D for the vacuum cleaner.

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

305 Broadway,7th Floor
New York City, NY 10007
United States
+1-646-568-7751
+1 800-961-0353 (USA-Canada Toll free)
Email: sales@persistencemarketresearch.com
Website: https://www.persistencemarketresearch.com

This release was published on openPR.