Global Robotic Vacuum Cleaner Market Share, Trends, Size, Analysis and Forecasts 2016-2020


Posted March 9, 2016 by HexaReport

A robotic vacuum cleaner (robovac) is a self-sufficient machine equipped with a vacuum cleaning system and an intelligent software program that runs the machine.

 
A robotic vacuum cleaner (robovac) is a self-sufficient machine equipped with a vacuum cleaning system and an intelligent software program that runs the machine. Robovacs are used to clean living spaces, pools, and gutters - thus easing house chores for the user.

Advanced versions of robotic vacuum cleaners comprise lasers or infrared sensors that ensure intelligent and autonomous navigation. The navigation provides with a logical cleaning path, and helps the machines avoid obstacles. Updates in the robotic vacuum cleaner technology reflect the market requirement for better performing machines.

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Technavio's analysts forecast the global robotic vacuum cleaner market to grow at a CAGR of 15.3% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global robotic vacuum cleaner market for 2016-2020. To calculate market size, the report considers revenue generated through the sales of residential robotic vacuum cleaners that are priced above $200 per piece and used in the following applications:
• Vacuuming
• Mopping

Technavio's report, Global Robotic Vacuum Cleaner Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key questions answered in this report

1. What will the market size be in 2020 and what will the growth rate be?
2. What are the key market trends?
3. What is driving this market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?
6. What are the market opportunities and threats faced by the key vendors?
7. What are the strengths and weaknesses of the key vendors?

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Issued By Ryan Shaw
Website Hexa Reports
Country United States
Categories Automotive , Business , Industry
Tags 2016 robotic vacuum cleaner market trends and growth , global robotic vacuum cleaner business forecasts and overview , robotic vacuum cleaner market share and size
Last Updated March 9, 2016