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Technavio’s market research analyst predicts the global household vacuum cleaner market to grow steadily at a CAGR of around 5% by 2021. One of the primary drivers for this market is the exponentially rising demand for robotic vacuum cleaners. This rise in popularity of the robotic vacuum cleaners can be attributed to the significant reduction of human effort in using these vacuum cleaners. The robotic vacuum cleaners do not require human operators and can clean more complex areas. The improved functionality and performance are increasing the demand for robotic vacuum cleaners. Developments in robotic technology have led to the development of advanced, sophisticated, and automated residential robotic vacuum cleaners. These devices usually operate on infrared sensors and ensure a logical, sequential path to avoid obstacles. They are engineered to return to the power source when batteries run low. Robotic vacuum cleaners run wirelessly and are powered by rechargeable batteries. These advantages of the robotic vacuum cleaners are expected to propel growth in the global household vacuum cleaner market during the forecast period.
In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. This growth of the vacuum cleaner market in the region can be attributed to the high demand for household vacuum cleaners from countries like Japan, Australia, India, China, Singapore, and South Korea. Moreover, consumer awareness regarding the utilization of harmful and harsh chemicals in floor cleaning, the rise in urbanization, and the development of automatic vacuum cleaners, will also augment the growth of the global household vacuum cleaner market in the coming years.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by product positioning
PART 08: Market segmentation by distribution channel
PART 09: Geographical segmentation
PART 10: Key leading countries
PART 11: Decision framework
PART 12: Drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
Tags: canister vacuum, steam vacuum, personal care, consumer and retail segmentation analysis, general retail goods and services industry size,
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