Robotic Vacuum Cleaner Market has shown an exceptional penetration in countries such as U.S. and China. High price of robotic vacuum cleaner is major restraining factor of robotic vacuum cleaner market.
According to Data Bridge Market Research the market for robotic vacuum cleaner market in Asia-Pacific region has the highest market share followed by North America and Europe. The market leader iRobot Corporation has registered 23.6% of growth in annual revenue of 2018 as compared to 2017. In the fiscal year of 2018, company has shipped 3,993 vacuum robots. The company has driven its competitive position and profit dynamics through strategic and continued investment in innovative technology. The iRobot Corporation has received positive ruling from the U.S. International Trade Commission for its patent infringement suit, which strengthens the patent portfolio of the company. This positive ruling helps to strengthening the new product development for the iRobot Corporation.
The iRobot Corporation has spent USD 114.0 million, USD 91.8 million and USD 64.4 million for the year ended December 29, 2018, December 30, 2017 and December 31, 2016 respectively on the marketing and advertising to increase penetration of its robotic vacuum cleaner Roomba.
Trends impacting the market
Data Bridge Market Research has forecasted a large growth in Asia-Pacific robotic vacuum cleaner market and the market leaders targeting China and Japan to be their next revenue pockets for 2020.
Robotic vacuum cleaner market is becoming more competitive every year with companies such as ECOVACS and iRobot Corporation are the market leaders for global robotic vacuum cleaner market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in global robotic vacuum cleaner market.
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iRobot Corporation has introduced new robot vacuum named as Roomba s9+ and Braava jet m6 mopping robot in May 2019. These robots commute with each other through Imprint Link Technology, which ensures automatic vacuuming and mopping. This launch helps the company to extend their product portfolio for robotic vacuum cleaners.
iRobot Corporation has been honored with Smart Home Award for its Roomba 690 robotic vacuum in December 2017. This award has been given at the Housewares Design Awards 2018. The company’s product called Roomba 690 robotic vacuum has received this award. This award helps to give recognition to the company in the market.
Robotic vacuum cleaner market is segmented on the basis of countries into U.S., Canada, Mexico, China, Japan, South Korea, Australia, India, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Germany, France, U.K., Italy, Spain, Russia, Belgium, Switzerland, Netherlands, Turkey, Rest of Europe, Israel, U.A.E., Saudi Arabia, South Africa, Egypt, Rest of Middle East & Africa, Brazil, Argentina, Rest of South America.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report to know about more and exhaustive list of robotic vacuum cleaner companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-robotic-vacuum-cleaner-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Robotic Vacuum Cleaner Market – Industry Trends and Forecast to 2027
Asia-Pacific Robotic Vacuum Cleaner Market – Industry Trends and Forecast to 2027
Europe Robotic Vacuum Cleaner Market – Industry Trends and Forecast to 2027
Middle East and Africa Robotic Vacuum Cleaner Market – Industry Trends and Forecast to 2027
North America Robotic Vacuum Cleaner Market – Industry Trends and Forecast to 2027