Increasing Disposable Income Spurs Demand for Residential Robotic Vacuum Cleaners:

Brooklyn, NY, July 07, 2016 (GLOBE NEWSWIRE) -- The global market for residential robotic vacuum cleaners is anticipated to witness healthy growth in the coming years owing to the surge in disposable income, the rising demand for automated cleaning, and the growing demand for various cleaning products.

A report recently added to the extensive repository of examines the scope as well as dynamics of the market and provides readers with insightful, unbiased, and invaluable information pertaining to the operations of the residential robotic vacuum cleaners market. The 109-page publication is titled “Global Residential Robotic Vacuum Cleaner Market Professional Survey Report 2016.” It is centered on the contribution of the U.S., China, the EU, and Japan toward the overall industry and evaluates the export and import, consumption, economic, and regional trends affecting growth.

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Residential robotic vacuum cleaners comprise batteries, a cleaning system, programming software, a mobile base, and various accessories. These are used clean residential spaces such as gutters, pools, and floors. Recent residential robotic vacuum cleaners offer a range of advanced features such as room mapping, laser vision, and self-charging. In-house and outdoor robots are the two main types of residential robotic vacuum cleaners presently available in the market at various price ranges. These cleaners can either be charged manually or charged with an auto battery.

The EU and the U.S. are two of the largest markets for residential robotic vacuum cleaners owing to the high disposable income of consumers in the region, the availability of advanced technologies and devices, and an increased focus on residential cleaning and maintenance. Emerging economies and developing countries offer a host of opportunities for market players owing to increasing per capita disposable income and improved standards of living, resulting in the rising expenditure on modern cleaning supplies and devices. The global market for residential robotic vacuum cleaners is fueled by constant product innovation and the rising expenditure on the research and development of advanced cleaning equipment.

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The potential of the global residential robotic vacuum cleaners market has been recognized by an increasing number of players, resulting in a strong competitive landscape focused on expanding their product portfolio. These companies have been diverting resources toward the development of innovative equipment with advanced features. Infinuvo (Metapo), Sharp, Neato Robotics, Philips, Irobot, Ecovacs, Hanool Robotics, Samsung, Mamirobot, Matsutek, Yujin Robot, LG, Proscenic, Miele, Fmart, Karcher, Vorwerk, and Funrobot (MSI) are some of the prominent companies studied in the report. The report profiles these players based on attributes such as production capacity and value, product classification and specification, cost and revenue, and contact information.

Tools such as SWOT analysis and the Porter’s Five Forces analysis model have been employed to give clients a better understanding and a newer perspective on their rivals and the present scenario in the residential robotic vacuum cleaners market. Expansions, collaborations, and alliances can be based on the information provided by this report.

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Source: QY Research Reports