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Residential Robotic Vacuum Cleaner Market - Global Industry Analysis and Forecast 2015 - 2021, by Persistence Market Research

Persistence Market Research Pvt. Ltd is released new forthcoming report on title "Residential Robotic Vacuum Cleaner Market: Global Industry Analysis and Forecast 2015 - 2021".
Published 07 August 2015

A robotic vacuum cleaner, frequently called as robovac, is an independent robotic vacuum cleaner with intelligent programming and a vacuum cleaning system. Some designs to reach tight corners, use spinning brushes. Others use a combination of cleaning features such as UV sterilization, mopping, etc. along with vacuuming, thus converting the machine into more than just a "vacuum" cleaner. Residential robotic vacuum cleaners have a wide scope in the residential industry as it minimizes the physical work done by an individual in cleaning. In addition, the residential robotic vacuum cleaner reduces the workforce engagement which can be utilized in some other work. Earlier robots were seen only on manufacturing plants, swimming pools, warehouses and operating rooms. With the advancement of in technology, robots are and would continue to execute more tasks that were once considered to be only performable by humans. This technological advancement led o the emergence of residential robotic vacuum cleaners which are fully automatic in nature.

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The residential robotic vacuum cleaner market is expected to grow at a double digit CAGR in the period 2013 to 2019.The Global residential robotic vacuum cleaner market is expected to witness rising demand for residential robotic vacuum cleaners by the users owing to the introduction of room memory technology in these vacuum cleaners. This room memory enables residential robotic vacuum cleaners to identify and come back to the same place at which they stopped cleaning. In addition, this additional feature added as room memory enables these robotic vacuum cleaners to remember the room layout. These features are boosting the demand for residential robotic vacuum cleaners. This growth is expected to continue and contribute revenue to the global residential robotic vacuum cleaner market in the forecast period.

The reduced time for household activities is increasing the adoption of to residential robotic vacuum cleaners by the end-users for replacing their physical household works such as cleaning and mopping. This acts as a major driver for the residential robotic vacuum cleaner market. However, battery life time of these robots is one of the factors restraining the growth of the residential robotic vacuum cleaner market. Residential robotic vacuum cleaners eat up battery power at a much higher rate, which leads to a decrease in their operating time.

The residential robot vacuum cleaners market is segmented on the basis of end user industry into hotels, household cleaners associations and individuals. The residential robotic vacuum cleaners market is segmented on the basis of into North America, Europe, Asia-Pacific and rest of the world (RoW).

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The key players of the residential robotic vacuum cleaner market are iRobot Corp., Neato Robotics Inc., LG Electronics Inc., Samsung Electronics Co. Ltd., ECOVACS. Hanool Robotics, Electrolux, Hayward Industries, Maytronics, Matsutek Enterprise, Metapo, Yujjn Robot, Pentair and Zodiac International among others.

Key Points Covered in the Report
1) Market segmentation on the basis of type, application, product, and technology (as applicable)
2) Geographic segmentation

North America

3) Market size and forecast for the various segments and geographies for the period from 2010 to 2020
4) Company profiles of the leading companies operating in the market
5) Porter’s Five Forces Analysis of the market

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About Us:
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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