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2019-06-18
260
Global
Autonomous vacuum cleaners application in commercial, as well as residential purpose, has grown in prominence over the last few years. The rise in the number of working women and increasing personal disposable income is driving the application of autonomous vacuum cleaners majorly in domestic spaces. Goldstein Research analyst forecast that the global autonomous vacuum cleaners market is expected to reach USD 3.8 million by 2025, growing at a CAGR of 15.1% during 2017-2025. A major trend in the market is the IoT environment leading to smart houses and smart commercial spaces that intends to positively impact the adoption of autonomous vacuum cleaners. It is expected, 31 million household robots to be sold between 2016 and 2019, 96 percent of which will be the vacuum and floor cleaning robots.
Moreover, the growth of the hospitality sector and retail sector is estimated to rise up the adoption of autonomous vacuum cleaners by 20% over the next 7 years. Although it is likely the growth of the market will still take some time to reach its full investment potential, but the promising growth in robot sector for further development will have with a positive impact on the growth of autonomous vacuum cleaners market. A rise in new market players and the growth of traditional market players entering this space in order to capture markets with their innovative products will lead to achieving its full investment potential.
By Product Type
Autonomous floor vacuum cleaners segment accounted for the largest market share of 61.3% in 2017, followed by autonomous pool vacuum cleaners market share that is growing at a CAGR of 15.2% over the forecast period.
By Distribution Channel
By End-User
By Geography
Based on geography, Asia-Pacific region harnessed largest revenue share of 35.7% in 2017 of the global autonomous vacuum cleaners market on the back of the high number of autonomous vacuum scrubber’s manufacturers in the region, supplying the robots all over the world. APAC is closely followed by North America and Europe. North America region is expected to grow at a CAGR of 15.3% over the forecast period.
The report covers the present ground scenario and the future growth prospects of the autonomous vacuum cleaners market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global Autonomous Vacuum Cleaners Industry Report 2017-2025, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the global autonomous vacuum cleaners market space. The report also includes Porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Autonomous Vacuum Cleaners Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
Our Global autonomous vacuum cleaners market report comprises of the following companies as the key players: Nilfisk, Koninklijke Philips N.V., Robert Bosch GmbH, iRobot Corporation, Mint Plus, Neato Robotics, LG Electronics, Samsung Electronics, Ecovacs, Hanool Robotics Hayward, Matsutek Enterprises, Toshiba, Zodiac International S.A.S.U., etc.
The study was conducted using an objective combination of primary and secondary information analysis including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Key questions answered in this Global Autonomous Vacuum Cleaners Market Report
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