Robotic Vacuum Cleaner Market Scenario

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RoboticVacuum Cleaner Market Scenario

According to Data Bridge MarketResearch the market for robotic vacuum cleaner market in Asia-Pacific regionhas the highest market share followed by North America and Europe. The marketleader iRobot Corporation has registered 23.6% of growth in annual revenue of2018 as compared to 2017. In the fiscal year of 2018, company has shipped 3,993vacuum robots. The company has driven its competitive position and profitdynamics through strategic and continued investment in innovative technology.The iRobot Corporation has received positive ruling from the U.S. InternationalTrade Commission for its patent infringement suit, which strengthens the patentportfolio of the company. This positive ruling helps to strengthening the newproduct development for the iRobot Corporation.

Robotic Vacuum Cleaner Market has shown an exceptional penetration in countries suchas U.S. and China. High price of robotic vacuum cleaner is major restrainingfactor of robotic vacuum cleaner market.

The iRobot Corporation has spent USD114.0 million, USD 91.8 million and USD 64.4 million for the year endedDecember 29, 2018, December 30, 2017 and December 31, 2016 respectively on themarketing and advertising to increase penetration of its robotic vacuum cleanerRoomba.

Trends impacting the market

Data Bridge Market Research hasforecasted a large growth in Asia-Pacific robotic vacuum cleaner market and themarket leaders targeting China and Japan to be their next revenue pockets for2020.

Robotic vacuum cleaner market isbecoming more competitive every year with companies such as ECOVACS and iRobotCorporation are the market leaders for global robotic vacuum cleaner market.The Data Bridge Market Research new reports highlight the major growth factorsand opportunities in global robotic vacuum cleaner market.

New Robotic Vacuum Cleaner Market Developments

iRobot Corporation has introducednew robot vacuum named as Roomba s9+ and Braava jet m6 mopping robot in May2019. These robots commute with each other through Imprint Link Technology,which ensures automatic vacuuming and mopping. This launch helps the company toextend their product portfolio for robotic vacuum cleaners.

iRobot Corporation has been honoredwith Smart Home Award for its Roomba 690 robotic vacuum in December 2017. Thisaward has been given at the Housewares Design Awards 2018. The company’s productcalled Roomba 690 robotic vacuum has received this award. This award helps togive recognition to the company in the market.

· In September 2017, ECOVACS hasshowcased its new OZMO technology. This technology comprises of advanced levelof mopping feature. This product is specially developed for pet owners, whichoffers more convenient to pet owners to mop the robotic vacuum cleaner. Thisdevelopment helps the company to provide convenience in using robotic vacuumcleaner.

Scopeof the Robotic Vacuum Cleaner Market

Robotic vacuum cleaner market is segmented on the basis of countries into U.S., Canada, Mexico, China, Japan,South Korea, Australia, India, Singapore, Malaysia, Thailand, Indonesia,Philippines, Rest of Asia-Pacific, Germany, France, U.K., Italy, Spain, Russia,Belgium, Switzerland, Netherlands, Turkey, Rest of Europe, Israel, U.A.E.,Saudi Arabia, South Africa, Egypt, Rest of Middle East & Africa, Brazil,Argentina, Rest of South America.

· All country based analysis of the robotic vacuum cleaner market is further analyzed based on maximum granularityinto further segmentation. On the basis of type, the market is segmented intofloor vacuum cleaner, window vacuum cleaner, pool vacuum cleaner, others. On the basis of operation mode, the market is segmented into self-drive and remote control. On the basis of charging type, the market is segmented into manualcharging and automatic charging. On the basis of distribution channel, themarket is segmented into electronic stores, e-commerce, retail stores,supermarket/hypermarkets, others. On the basis of end user, the market issegmented into residential, commercial, institutional, industrial.

· Robotic vacuum cleaner technologyhas transformed over the past few years which enables organization to resolve theirbusiness challenges and give personalized and engaging experience. Roboticvacuum cleaners offer a feasible path by which different enterprises can bridgethe gap between technological growth, customer service and user efficiency.

KeyPointers Covered in the Robotic Vacuum Cleaner Market Industry Trends andForecast to 2027

· Market Size

· Market Shares in Different Regions

· Recent Developments for MarketCompetitors

· Recent Market Value for DifferentRegions

· Key Vendors and Disruptors Study

· Company Landscape and Company ShareAnalysis

Key Market Competitors Covered inthe Report

· Rambus.com

· ECOVACS

· Neato Robotics, Inc.

· Dyson