Global Robot Vacuums Market Overview:
Robot vacuum, also known as robovacs, is an autonomous device (robot), used in numerous household and industrial applications for cleaning floors, pool, windows and others. In recent years, top players are continuously focusing on manufacturing of small & compact size robot and also change the shape from circle to square type to cleaning batter.
Growth Drivers
- Changing Lifestyles and Busy Work-Schedules in Both Developing and Developed Economies
- The Growth of Urbanisation and Rapid Adoption in Hotels, Resort and Other Building Globally
Roadblocks
- High Maintenance and Original Product Cost
Opportunities
- Increasing Integration with Artificial Intelligence and High Investment in R&D
- Rising Concerns Regarding Hygiene in Healthcare Facilities across the World
- Increasing Labor Cost in Developing Countries Including China, India, Japan and Other
Challenges
- Low Battery Life and Expansive in Nature
Competitive Landscape:
Some of the key players profiled in the report are A Fluidra S.A (Spain), BSH Hausgeräte GmbH (Robert Bosch GmbH) (Germany), Dyson Ltd (United Kingdom), ECOVACS Robotics Co., Ltd. (China), Hanool Robotics Corp. (South Korea), iRobot Corporation (United States), LG Electronics (South Korea), Toshiba Corporation (Japan), Maytronics Ltd. (Israel), Metapo, Inc. (United States), Moneual USA, Inc. (United States), Neato Robotics, Inc. (United States), Panasonic Corporation (Japan), Samsung Electronics (South Korea) and Sharp Corporation (A Hon Hai Precision Industry Co., Ltd Company) (Japan). Additionally, following companies can also be profiled that are part of our coverage like Yujin Robot (South Korea), Zodiac Pool Systems, Inc. (United States) and Pentair plc (United States). Analyst at AMA Research see United States and Japanese Players to retain maximum share of Global Robot Vacuums market by 2027. Considering Market by Technology Type, the sub-segment i.e. Infrared Sensing Technology will boost the Robot Vacuums market. Considering Market by Sales Channel, the sub-segment i.e. Online Store will boost the Robot Vacuums market. Considering Market by Charging Type, the sub-segment i.e. Battery Charging will boost the Robot Vacuums market. Considering Market by Operation Mode, the sub-segment i.e. Self Control Robot Vacuum will boost the Robot Vacuums market.
In August 2018, Neato Robotics Inc., a leader in intelligent robots for the home, has launched two new robot vacuums such as the Botvac D4 and D6 Connected join their flagship Botvac D7 Connected, revamping company’s product line-up head to toe
What Can be Explored with the Robot Vacuums Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Robot Vacuums Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Robot Vacuums
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Robot Vacuums 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 Robot Vacuums 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 Robot Vacuum Manufacturers, Robot Vacuum Cleaner Suppliers/Distributors, Organizations, Forums and Alliances Related to Robotic Vacuum, Government Bodies, End Users and Other.
This helps us to gather the data related to 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, USPTO, EPO, Annual reports, press releases etc.