“The Global Robotic Vacuum Cleaner market is expected to cross US$3 million by 2021.”
A recent report released by Publisher, “Global Robotic Vacuum Cleaner Strategic Assessment and Forecast till 2021″, covers the present scenario and growth aspect of worldwide robotic vacuum cleaner market for the period of 2016-2021. This market research report includes a detailed market segmentation of the Worldwide Robotic Vacuum Cleaner Market
Robotic Vacuum Cleaner – Market Size and Dynamics
The analysts at Publisher expects the worldwide robotic vacuum cleaner market to reach approx. US$3,166.9 million by 2021 with a CAGR of more that 11.6%. In developed regions, the growth in the construction industry will contribute to the demand for robotic vacuum cleaners. Robotic vacuum cleaners are increasingly marking their presence among end-users worldwide. The floor care segment of the market offers a lucrative opportunity for vendors as the demand for floor care robotic vacuum cleaning devices has been increasing globally. Pool cleaning robots are popular in European countries whereas in US the demand of pool cleaning robots is comparatively low.
Robotic Vacuum Cleaner Market – Trends, Drivers and Challenges
The latest trend emerging in the robotic vacuum cleaners market is increased adoption of smart robotic vacuum cleaners among end-users across the world. However, adoption of smart home concept and increased sales and marketing of the robotic vacuum cleaners on internet are the emerging trends in the market. Robotic vacuum cleaners have become a popular sensation in the modern consumer electronics market. The demand is growing at a phenomenal rate across the world. The entry of low cost new variant in the market has propelled the growth of robotic vacuum cleaner market. Also, Increased domestic use of the robotic vacuum cleaners, as they are less time consuming and easy to use, is going to propel the sale of the robotic vacuum cleaner.
Robotic Vacuum Cleaner Market – Geographical Analysis
The report includes the market analysis of different regions such as North America, APAC, Europe and ROW. The report outlines the major market share holder and the market size analysis of all the regions and provides the market size and forecast of the key countries.
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