Robotic Vacuum Cleaner Market – 40% of Growth Will Come from APAC | Driven by inclusion of air filters in robot vacuums


Read the 120-page report with TOC on “Robotic Vacuum Cleaner Market Analysis Report by End User (Residential and Commercial) and Geography (APAC, North America, EuropeAME and South America), and Segment Forecast, 2021-2025″. Gain competitive insights on market leaders. Track key industry opportunities, trends, and threats. Insights on marketing, brand, strategy, and market development, sales and supply functions. https://www.technavio.com/report/report/robotic-vacuum-cleaner-market-industry-analysis

The competitive scenario predicted in the robotic vacuum cleaner market report analyzes, evaluates and positions companies based on various performance indicators. Some of the factors taken into consideration for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, market share growth, etc. your business goals with our Robotic Vacuum Cleaner Market Forecast Report – Buy now!

Robotic Vacuum Cleaner Market: Drivers and Challenges
There is a people’s increased tendency towards automation, due to the growing popularity of smart homes and smart devices. With the increase in the tech-savvy population, the preference for products that are technical in their operation and helpful in making work easier has increased. Changing lifestyles and busy schedules leave consumers pressed for time to perform cleaning and mopping activities. This will influence the growth of the robotic vacuum cleaner market over the forecast period.

However, regulatory challenges in Europe will be a major challenge for the robotic vacuum cleaner market during the forecast period. The European Union is determined to reduce energy consumption to combat climate change. It effectively reduced its energy consumption from 1,133 Mtoe in 2000 to 1,061 Mtoe in 2014 and is implementing new regulations related to the energy efficiency of appliances such as air conditioners, refrigerators and vacuum cleaners. Under the new guidelines, the new rules will reduce power capacity from 1600W to 900W and limit operating noise to 80dB. Ecodesign directives can affect the performance of robot vacuums and will drive many robot vacuum manufacturers out of the European Union. Technavio expects manufacturers to face a few issues when developing effective robot vacuums.

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Some of the Major Robotic Vacuum Cleaner Players:
The robot vacuum cleaner market is fragmented and vendors are deploying growth strategies such as developing next-generation robots that are more technologically advanced than older versions to compete in the market.

  • AB Electrolux
  • Dyson ltd.
  • Ecovacs Robotics Inc.
  • ILIFE INNOVATION Ltd.
  • iRobot Corp.
  • Koninklijke Philips NV
  • LG Electronics Inc.
  • Panasonic Corp.
  • Samsung Electronics Co.Ltd.
  • Sharp Corp.

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Robotic Vacuum Cleaner Market: Segmentation Analysis

End User Outlook (Revenue, USD Billion, 2020-2025)

  • Residential – size and forecast 2020-2025
  • Commercial – size and forecast 2020-2025

Geographic Outlook (Revenue, USD Billion, 2020-2025)

  • APAC – size and forecast 2020-2025
  • North America – size and forecast 2020-2025
  • Europe – size and forecast 2020-2025
  • MEA – size and forecast 2020-2025
  • South America – size and forecast 2020-2025

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Scope of the robotic vacuum cleaner market

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 18%

Market Growth 2021-2025

$4.42 billion

Market structure

Fragmented

Annual growth (%)

5:45 p.m.

Successful market contribution

APAC at 40%

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

AB Electrolux, Dyson Ltd., Ecovacs Robotics Inc., ILIFE INNOVATION Ltd., iRobot Corp., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Samsung Electronics Co. Ltd. and Sharp Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • Summary of the five forces
  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by end user

  • Market segments
  • Comparison by end user
  • Residential – Market size and forecast 2020-2025
  • Commercial – Market size and forecast 2020-2025
  • Market opportunity by end user

Market Segmentation by Application (Qualitative)

Market segmentation by type of recharge (qualitative)

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Insight
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • AB Electrolux
  • Dyson ltd.
  • Ecovacs Robotics Inc.
  • ILIFE INNOVATION Ltd.
  • iRobot Corp.
  • Koninklijke Philips NV
  • LG Electronics Inc.
  • Panasonic Corp.
  • Samsung Electronics Co.Ltd.
  • Sharp Corp.

Annex

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

About Technavio
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Website: www.technavio.com/

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