Global Robotic Vacuum Cleaner Market to Grow Tremendously, Expects Beige Market Intelligence in Its New Report Published at MarketPublishers.com25 Nov 2016 • by Natalie Aster
LONDON – The world’s market for robotic vacuum cleaners is set to expand at a double digit rate (CAGR of approximately 12%) through 2021. It is forecast to almost hit a value of USD 3,200 million by 2021. When it comes to developed regions, the construction industry will be the number one demand driver for this industry. These cleaners enjoy the rising demand amongst end-user across the globe.
The floor care segment is one of the most lucrative ones in this marketplace. In the meantime, pool cleaning robots can boast high demand in Europe, though the demand for them is relatively low in the U.S.
Some of noteworthy trends in the world’s space comprise marketing and sales of robotic vacuum cleaners on the Internet, the smart home concept adoption, and more.
Penetration of the cleaners is growing at a fast pace, and this pace is particularly swift in such countries as Japan, China, Australia and South Korea.
So APAC is the number one market for robotic vacuum cleaners globally. It is set to maintain this position in the offing. Europe is the number two in the world’s list. It is forecast to hold a market share of slightly over 30% in 2021.
Aqua Products, iRobot and Maytronics Group are some of leading vendors globally.
New research report “Global Robotic Vacuum Cleaner Market” worked out by Beige Market Intelligence offers a comprehensive guide to the global robotic vacuum cleaner marketplace. The study starts with a detailed introduction to this space. It sheds light on average selling prices.
The report explores major trends of this marketplace. The research study canvasses driving forces and concentrates on key restraints. It contains value chain and five forces analyses, as well.
The research report estimates sizing of the worldwide space. The study focuses on distribution channels and investigates performance of the marketplace in different regions. It scrutinizes the competitive landscape, besides profiling vendors. Future projections for the worldwide space are on hand in the report, too.
More new reports by our partner can be found at its page.