MarketResearchReports.Biz
announces addition of new report "
Global Robotic Vacuum Cleaner Market 2016-2020 "
to its database.
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.
Download
Sample copy of this Report at
http://www.marketresearchreports.biz/sample/sample/565570
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.
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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