Posted in | News | Consumer Robotics

Global Residential Robotic Vacuum Cleaner Market Forecast to Grow at 16.06% CAGR over the Period 2013-2018

Research and Markets has announced the addition of the "Global Residential Robotic Vacuum Cleaner Market 2014-2018" report to their offering.

TechNavio forecasts the Global Residential Robotic Vacuum Cleaner Market 2014-2018 with a CAGR of 16.06 percent for the period 2013-2018. Several driving factors and trends will contribute to this growth all of which will be outlined with detail in this report.

The analysts use a unique methodology to scrutinize individual vendor performance, trends, drivers and challenges, and a number of other factors to provide the most accurate and detailed market research reports possible.

A more specific breakdown of this report's contents is below.

Overview of market share and landscape for the following key geographies:

  • Western Europe
  • North America
  • APAC
  • ROW

Overview of market share and landscape for the following key countries:

  • US
  • UK
  • Japan
  • China

Overview and impact analysis of:

  • 4 Market Drivers
  • 4 Market Challenges
  • 4 Market Trends

Market Shares and SWOT Analysis for these vendors:

  • iRobot
  • LG Electronics
  • Neato Robotics
  • Samsung Electronics

Five Force Model Impact Analysis of:

  • Suppliers
  • Buyers
  • Substitutes
  • New entrants
  • Market competition

Commenting on the report, an analyst from the team said: The Global Residential Robotic Vacuum Cleaner market is witnessing increasing demand for residential robotic vacuum cleaners among end-users. The introduction of room memory in these vacuum cleaners enables them to return to the same spot at which they stopped cleaning before they returned to the recharging point. In addition, the room memory also enables these vacuum cleaners to remember the layout of the room. These features are propelling the demand for residential robotic vacuum cleaners with room memory. This pattern is expected to continue and will contribute revenue to the Global Residential Robotic Vacuum Cleaner market during the forecast period.

According to the report, the Global Residential Robotic Vacuum Cleaner market is driven by many growth factors, one of which is the decreased time for household activities. The decreased time for household activities is forcing end-users to adopt residential robotic vacuum cleaners for their manual household works such as mopping and cleaning.

For more information visit http://www.researchandmarkets.com/research/cfkxd7/global

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.