Market Highlights: Vacuum cleaners refer to an electronic device which is by suction collects dust and other small particles from floors and other surfaces. Vacuum cleaners market has high growth prospects owing to increasing demand for industrial applications. Moreover, technological advancement such as the integration of artificial intelligence and the emergence of robotic vacuum cleaners propelling market growth. In addition, increasing demand from the developing economies and high-income group people expected to drive the demand for vacuum cleaners over the forecasted period. The market study is being classified by Type (Canister Vacuum Cleaners, Upright Vacuum Cleaners, Robotic Vacuum Cleaners and Others), by Application (Residential and Commercial [Hospitals, Airports, Retail Stores, Warehouses, Others]) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Vacuum Cleaners are Comac SpA (Italy), Nederman Holding AB (Sweden), Panasonic (Japan), Suiden Co., Ltd. (Japan), LG Corp (South Korea), Hako GmbH (Germany), Eureka Forbes Limited (India), EXAIR Corporation (United States), Numatic International Ltd. (United Kingdom), Delfin Industrial Vacuums (Italy), Ruwac Industriesauger GmbH (Germany), Kraenzle (Germany), Sibilia S.r.l. (Italy) and American Vacuum Company (United States).
31st August 2018, Neato Robotics engaged in intelligent robots for the home, has launched two new robot vacuums Botvac D4 and Botvac D6.
Key Questions Answered in the Report What will the Vacuum Cleaners Market size and the growth rate be in Future? What are the key factors driving the Vacuum Cleaners Market? What are the key market trends and macro-economic impacting the growth of the Vacuum Cleaners Market? What are the challenges to market growth? Who are the key vendors in the Vacuum Cleaners Market? What are the market opportunities and threats faced by the vendors in the Vacuum Cleaners Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Vacuum Cleaners Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Vacuum Cleaners market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Vacuum Cleaners market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Vacuum Cleaners Manufacturers, Vacuum Cleaners Distributors, Associations, Organizations, Forums, and Alliances, Government Bodies and Departments, Research Institutes, Business Consulting Firms and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.