Global Robotic Vacuum Cleaners Market (2020 to 2027) - Growth, Trends, COVID-19 Impact, and Forecasts - GlobeNewswire
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Source: Fortune Business Insights
April 15, 2021 06:18 ET
Global Robotic Vacuum Cleaners Market (2020 to 2027) - Growth, Trends,
COVID-19 Impact, and Forecasts
Top Players in Robotic Vacuum Cleaners Market are Dyson, ECOVACS Robotics, iRobot, LG Electronics,
Samsung Electronics, Kevac Srl - Industrial Vacuums, Sharp Electronics Corporation USA, Philips Innovation
Services, Mamibot Manufacturing USA Inc, Electrolux, Stanley Black & Decker, Inc., Bosch, Panasonic USA,
Miele, BISSELL Homecare, Inc., Cecotec Innovaciones S. L.
Pune, India, April 15, 2021 (GLOBE NEWSWIRE) -- The worldwide "Robotic Vacuum Cleaner market size is
required to arrive at USD 46.75 billion by 2027 because of the expanding reception of computerized items. As
indicated by a distributed report by Fortune Business Insights named, "Robotic Vacuum Cleaner Market Size,
Share and COVID-19 Impact Analysis, By Type (Floor Vacuum Cleaner, Window Vacuum Cleaner, Pool
Vacuum Cleaner), By Application (Household and Commercial), By Operation Mode (Self-Drive and Remote
Control), By Distribution Channel (Online and Offline), By Price (Below USD 150, USD 150 – 300, USD 300 –
500, Above USD 500) and Regional Forecast, 2020-2027," the estimation of this market remained at USD 8.19
billion out of 2019. The market is probably going to display a CAGR of 24.4% CAGR during the figure time frame
set somewhere in the range of 2020 and 2027.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-
reports/robotic-vacuum-cleaners-market-100645
Top Players Overview:
ECOVACS (Suzhou, China)
Dyson Ltd. (Malmesbury, United Kingdom)
LG Electronics (Seoul, South Korea)
iRobot Corporation (Massachusetts, U.S)
Proscenic (Zhengzhou, China)
Samsung Corporation (Seoul, South Korea)
Neato Robotics (Newark, California)
Matsutek Enterprises Co. Ltd. (Taipei, Taiwan)
Robert Bosch GmbH (Gerlingen, Germany)
Koninklijke Philips N.V. (Amsterdam, Netherlands)
Bissell Inc. (Grand Rapids, Michigan)
Panasonic Corporation (Osaka, Japan)
Sharp Corporation (Osaka, Japan)
Miele & Cie. KG (Gütersloh, Germany)
The whole world is facing an unprecedented crisis in the form of the COVID-19 pandemic. Most of the
businesses are temporarily unable to operate due to the imposition of lockdown by the governments of variousnations. However, we hope to come out of this situation as soon as an antidote is invented for fighting the novel coronavirus. Fortune Business Insights is offering analytical reports on various markets that showcase fluctuating growth graphs in the coming years due to the COVID-19 pandemic. These reports will help interested candidates and financers accordingly strategize and prepare for the future. Request a Sample Copy of the Global Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/robotic-vacuum-cleaners-market- 100645 Highlights of the Report: The report on the Robotic Vacuum Cleaner market offers a comprehensive overview, primarily focusing on growth drivers, restraints, challenges, and upcoming opportunities. It also discusses the key industry developments, current trends, and other interesting insights into the market. The report also highlights the market competition and lists the names of the leading players. The report is available for sale on the company website. Drivers & Restraints The advent of Intelligent Software Programming in Vacuum Cleaners to Augment Growth Various factors are responsible for contributing to the global robotics vacuum cleaners market growth. These include the introduction of industrial robots, the increasing popularity of Robotic Vacuum Cleaner, and rising demand from industries such as healthcare, automotive, manufacturing, and others. Additionally, the introduction of the latest technology into vacuum cleaners such as adjustable suction power, smart navigation system, intelligent software programming, and others will also add a boost to the growth of the market. On the flip side, the high cost of installation and maintenance may cause a major hindrance to the growth of the market. Moreover, rough usage of these machines minimizes its productivity and lifespan of the Robotic Vacuum Cleaner, thereby hampering the growth of the market Ask for Customization https://www.fortunebusinessinsights.com/enquiry/customization/robotic-vacuum-cleaners- market-100645 Segmentation- Floor Vacuum Cleaner Segment to Earn Dominance owing to its Time-Saving Feature Among all robotic vacuum cleaner types, the floor vacuum cleaner segment earned dominance in 2020. This is because of the time saving and less operational complications associated with floor vacuum cleaners. However, the pool vacuum cleaner segment earned a 21.3% share in 2020 and is expected to witness significant growth owing to the increasing demand from residential and commercial applications. Regional Analysis- Asia Pacific Earned Dominance Owing to Launch of Latest Innovations Among all regions, Asia Pacific generated a revenue of USD 2.60 billion in 2020 and earned the largest Robotic Vacuum Cleaner market share. This is accountable to the continuous launch of innovative technologies especially from Japan and the addition of new players into the regional market. On the other side, the market in North America will showcase notable growth in the forecast years on account of the increasing adoption of technologically advanced vacuum cleaners by the residential sector. Furthermore, the market in Europe will also generate significant revenue in the coming years on account of the increasing popularity of cordless vacuum cleaners and their light-weight nature. Competitive Landscape- Introducing Latest Products with Artificial Intelligence Technology – Key Focus of Players
Currently, iRobots is holding a lion’s share in the market competition. In 2020, this company accounted for the
sale of 20 million units or more all over the world. Factors responsible for this successful revenue generation
include additional categories such as lawn mowers, security systems, and others in the domestic robotic
cleaner’s section. The other players are also investing massively in order to stand out in the crowd and gain a
significant position in the competition.
Industry Development
December 2020 – A new floor and wall robot vacuum cleaner called DEEBOT Ozmo 920 was launched by
Ecovacs.
January 2020 DEEBOT Ozmo 960, integrated with Artificial Intelligence was launched by Ecovacs at the
Consumer Electronics Show held in Las Vegas.
Order full Report https://www.fortunebusinessinsights.com/checkout-page/100645
Table of Content
Introduction
Definition, By Segment
Research Methodology/Approach
Data Sources
Executive Summary
Market Dynamics
Macro and Micro Economic Indicators
Drivers, Restraints, Opportunities and Trends
Impact of COVID-19
Short-term Impact
Long-term Impact
Competition Landscape
Business Strategies Adopted by Key Players
Consolidated SWOT Analysis of Key Players
Porter’s Five Force Analysis
Global Market Share Analysis and Matrix, 2019
Key Market Insights and Analysis, By Segments
Global Robotic Vacuum Cleaner Market Size Estimates and Forecasts (Quantitative Data), By Segments,
2016-2027
By Type (Value and Volume)
Floor Vacuum Cleaner
Window Vacuum Cleaner
Pool Vacuum Cleaner
By Application (Value)
Household
Commercial
Hospital
Offices
Airports
Others (Entertainment Places, etc.)
By Operation Mode (Value)Self-Drive
Remote Control
By Distribution Channel (Value)
Online
Offline
By Price (Value)
Below USD 150
USD 150 - 300
USD 300 - 500
Above USD 500
By Region (Value)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
TOC Continued…!
Speak To Our Analyst- https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/robotic-vacuum-
cleaners-market-100645
Have a Look at Related Research Insights:
Autonomous Mobile Robots Market Size, Share & COVID-19 Impact Analysis, By Type (Goods-to-person
Picking Robots, Self-driving Forklifts, Autonomous Inventory Robots, and Unmanned Aerial Vehicles), By
Application (Sorting, Pick & Place, Tugging, Warehouse Fleet Management and Others), By End-User
(Warehouse & Distribution Centers and Manufacturing) and Regional Forecast, 2021-2028
Wearable Robotic Exoskeleton Market Size, Share & COVID-19 Impact Analysis, By Technology Type (Powered
and Passive), By Application (Healthcare, Industrial, Defense & Aerospace and Others) and Regional Forecast,
2020-2027
Hot Runners for Transportation & Logistics Market Size, Share & Covid-19 Impact Analysis, By Type (Open
Gate Hot Runners and Valve Gate Hot Runners), By Application (Garbage Bins, Plastic Pallets, Big Containers,
Foldable Crates, and Others), and Regional Forecast, 2020-2027
Ultrasonic Cleaning Equipment Market Size, Share & COVID-19 Impact Analysis, By Type (Standalone,
Benchtop, Multistage), By Application (Automotive, Healthcare, Electrical & Electronics, Aerospace & Defense
and Others), and Regional Forecast, 2020-2027
Meteorological Equipment Market Size, Share & COVID-19 Impact Analysis, By Product Type (Cold Cloud,
Warm Cloud and Mixed Phenomenon), By Application (Detection of Meteorological Conditions, Field Operation,
Process Monitoring, and Others), By Industry (Aviation, Agriculture, Energy & Utilities and Others) and Regional
Forecast, 2020-2027
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all
sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various
challenges distinct to their businesses. We aim to empower them with holistic market intelligence, providing a
granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.308, Supreme Headquarters, Survey No. 36, Baner, Pune-Bangalore Highway, Pune - 411045, Maharashtra, India. Phone: US: +1 424 253 0390 UK : +44 2071 939123 APAC : +91 744 740 1245 Email: sales@fortunebusinessinsights.com LinkedIn: https://www.linkedin.com/company/fortune-business-insights Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd Twitter: https://twitter.com/FBInsightPvtLtd Read Press Release: https://www.fortunebusinessinsights.com/press-release/robotic-vacuum-cleaners-market- 9260
You can also read
