Vacuum Cleaner Market Report

Vacuum Cleaner Market Analysis, Market Size, Application, Analysis, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2015 To 2022

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  • Report ID: GVR2372
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The global vacuum cleaner market is anticipated to witness growing demand owing to developments, innovations, and improved efficiency. Increasing need for hygiene in both residential and commercial applications is expected to drive demand over the forecast period. Automatic and programmable vacuum cleaners are anticipated to be major revenue driver over the next seven years. Robotic product helps in reducing the manpower, work, and providing more clean and clear environment in industrial environment and warehouses.

Industry players are expected to make investments in research and development to provide innovative solution this may further propel growth over the next seven years. Increasing preference for low time consumption automated devices in house hold activity may contribute to rise in market demand over the forecast period. Increasing pay of domestic workers is expected to add to industry growth.

Technology advancements such as use of touch control and voice recognition technology to enhance user experience is also expected to fuel revenue growth. Additionally, growing preference for automated and intelligent vacuum cleaners such as robot vacuum cleaners is expected to significantly contribute to the vacuum market. These devices are designed for specific needs such as ability to access tight corners. They come in various combinations and can also be used for mopping and sterilization applications. .Devices with integrated security feature such as intruder and fire alert is anticipated to gain market over the specified period of time.

The vacuum cleaner market segment consists of end-use as residential and commercial. Increase in the disposable income is also expected to surge demand over the forecast period. Innovative room memory technology is expected to fuel growth of residential segment. This technology enables to navigate according to the room layout, which can be stored in the temporary memory of robots. In-house robots are programmed to perform floor washing, sweeping and mopping, whereas out-house robots are programmed to perform pool cleaning, window washing, and other tasks. High cost and low battery life may pose a challenge to industry growth. Inability to efficiently clean complex structure is expected to hinder market growth over the forecast period.

North America and Europe is anticipated to be key region over the forecast period owing to rising disposable income, growing concern for hygiene and decreasing time for household activity. Asia-Pacific may also show significant growth owing to presence of market participants in Japan. Few key players include iRobot Corp., Alfred Krecher, Neato, Robotics Inc., Bissel, LG Electronics Inc., Dyson, Samsung Electronics, Electrolux, ECOVACS, Eureka Forbes, Hanool Robotics, Haier, Philips, and Panasonic.

In September 2014, Samsung Electronics launched new Power VR9000 with features such as smart digital inverter technology, enlarged drum brush covers, and equipped with CycloneForce technology for stronger suction power. In November 2013, iRobot Corporation launched new iRobot Roomba 800 series equipped with technology such as AeroForce system to maximize its performance. In January 2014, iRobot Corporation announced the new wet floor scrubbing system iRobot Scooba 450 with reduced dry time.

iRobot Corporation product portfolio consist of Roomba, Scooba for floor scrubbing application, Braava for floor mopping , and for outdoor maintenance such as Mirra & Looj. In April 2014, AB Electrolux announced the launch of third generation of Ergorapido with more power and time saving capabilities. In September 2014, AB Electrolux announced acquisition of appliances business of General Electronic to enhance its product portfolio.

In August 2014, the company also announced to join AllSeen Alliances to enable seamlessly connected appliances. Dyson product portfolio consists of upright, cordless, canister vacuum, and tools. Eureka Forbes product portfolio consists of premium series, essential series, and daily mop series. Its premium segment consists of Euroclean Power Clean, Euroclean Wet & Dry, and Euroclean Xforce. Its essential segment consists of Euroclean Star and Euroclean Health Pro.


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