DUBLIN--(BUSINESS WIRE)--The "Global Robotic Vacuum Cleaner Market By Type (Pool Vacuum Cleaner and Floor Vacuum Cleaner), By Distribution Channel (Online and Offline), By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Robotic Vacuum Cleaner Market size is expected to reach $5.7 billion by 2026, rising at a market growth of 18.9% CAGR during the forecast period.
The robotic vacuum cleaner is a technically advanced robotic vacuum cleaner. The artificial intelligence robotic vacuum cleaner is a pre-programmed and sensor-based device that cleans walls, windows, pools, and gardens efficiently without any human effort. There's a growing demand for smart home appliances and that human reliance on electronic devices is expected to generate more revenue for robotic vacuum cleaner providers. Advances in machine learning and artificial intelligence are increasing the growth rate for this market.
Furthermore, time efficiency and ease of cleaning large areas without human interference are expected to contribute significantly to the growth of the global market for robotic vacuum cleaners. In addition, advanced robotic vacuum cleaners are useful for cleaning equipment and components in the metalworking, printing, food & beverage and pharmaceutical industries.
The market is witnessing the emergence of innovative technologies, such as vacuum cleaners with UV sterilization, security cameras, spinning brushes, and so on. Such advances are expected to push the market further. The invention of new technology stairway-climbing robotic vacuum cleaners is likely to pose lucrative opportunities in the near future. Nevertheless, stringent regulatory measures on energy efficiency and higher costs for robotic vacuum cleaners will continue to pose a long-term challenge to market growth.
Based on Type, the market is segmented into Pool Vacuum Cleaner and Floor Vacuum Cleaner. Based on Distribution Channel, the market is segmented into Online and Offline. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Companies Profiled
- Koninklijke Philips N.V.
- Xiaomi Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Panasonic Corporation
- Pentair PLC
- iRobot Corporation
- Maytronics Ltd. (Kibbutz Yizre'el Holdings 2004 ACS Ltd.)
- Neato Robotics, Inc.
- SharkNinja Operating LLC (CDH Private Equity)
- Ecovacs Robotics Co., Ltd.
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- Exhaustive coverage
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Key Topics Covered:
1. Market Scope & Methodology
2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Oct - 2020, May) Leading Players
4. Global Robotic Vacuum Cleaner Market by Type
4.1 Global Pool Vacuum Cleaner Market by Region
4.2 Global Floor Vacuum Cleaner Market by Region
5. Global Robotic Vacuum Cleaner Market by Distribution Channel
5.1 Global Online Market by Region
5.2 Global Offline Market by Region
6. Global Robotic Vacuum Cleaner Market by Region
6.1 North America Robotic Vacuum Cleaner Market
6.2 Europe Robotic Vacuum Cleaner Market
7. Asia Pacific Robotic Vacuum Cleaner Market
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/u15t60
