"The
Report Global Robotic Vacuum Cleaner Market 2016-2020 provides
information on pricing, market analysis, shares, forecast, and
company profiles for key industry participants. -
MarketResearchReports.biz"
MarketResearchReports has
announced the addition of a new research report on the global market
for robotic vacuum cleaners to its huge base of market studies. The
market study, titled “Global
Robotic Vacuum Cleaner Market
2016-2020,” offers an unbiased as well as a detailed analysis of
the historical and the current performance of this market.
This 51-page research study
presents a thorough evaluation of the worldwide robotic vacuum
cleaner market, taking various industry verticals such as the
production volume, pricing of products, the dynamics demand and
supply, and the growth rate into consideration.
As per the market report, the
global robotic vacuum cleaner market is likely to expand at a healthy
CAGR of 15.30% during the period from 2016 to 2020. The increasing
trend of automation across the world, propelled by the hectic
lifestyle of people, is the key factor behind the exceptional rise of
this market.
Apart from this, the advancement
in robotic technology, resulting in the development of state-of-art,
sophisticated, automated robotic vacuum cleaners, has also stimulated
the global market for robotic vacuum cleaners. However, the
increasing reports of battery-related issues are publicizing these
cleaners in a negative way, hampering the growth of this market,
notes the study.
The study further states that the
worldwide robotic market has been attracting heavy investments over
the past few years, which has helped in increasing the research and
development activities to improve the performance and functionality
of robotic vacuum cleaners. Over the forecast period, this factor is
likely to drive the market’s growth significantly.
Additionally, the emergence of
smart homes and IoT-connected vacuum cleaners is also expected to
boost this market in the coming years, states the report.
In this research report, the
global market for vacuum cleaners has been regionally segmented into
Asia Pacific, Europe, North America, and the Rest of the World.
According to the study, the market
for robotic vacuum cleaners in Europe leads the global market and is
projected to retain its position over the forecast period, rising at
a CAGR of approximately 8.0%. The increasing preferences of people in
this region for automated devices to make their everyday jobs easier
are propelling the demand for robotic vacuum cleaners in North
America.
View Press Release :
http://www.marketresearchreports.biz/pressrelease/742
The report also presents an
analysis of the competitive landscape prevalent in the worldwide
market for robotic vacuum cleaners by evaluating the profiles of
major companies operating in this market.
As per the research report, LG
Electronics, iRobot, Samsung, and Neato Robotics lead the global
robotic vacuum cleaner market. Other prominent market participants
mentioned in this study are Sharp, Fluidra, Dyson, Yujin Robot,
Ecovacs, Zodiac International S.A.S.U., Infinuvo, Hanool Robotics
Hayward, Matsutek Enterprises, Bobsweep, Moneual, Miele, Toshiba,
Maytronics, and Pentair.
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