London, 18 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Residential Robotic Vacuum Cleaner Market in the US 2015-2019, which is expected to grow at a CAGR of 4.45 percent and 6.43 percent in terms of unit shipment and value, respectively, during the period 2014-2019.
“Increased functionalities and modular designs serving multiple operations are expected to prompt the shift from traditional vacuum cleaners to robotic ones,” says Faisal Ghaus, Vice President of TechNavio.
“Robotic vacuum cleaners use a proactive intuitive technology that monitors sensory inputs and reacts on a real-time basis using several functionalities to ensure effective cleaning.”
Key Market Drivers
- Increased Functional Flexibility
- New Strategies Adopted by Retailers
- Growth in Tech-savvy Population
- Increase in Number of Pets at Homes
- Demand for More Than One Vacuum Cleaner per Household
Key Market Trends
- Product Innovations
- Demand for Energy-efficient Devices
- Increased Demand for Residential Robotic Vacuum Cleaners with Room Memory
- Adoption of Smart Home Concept
Key Market Vendors
- iRobot Corp.
- LG Electronics Inc.
- Moneual Inc.
- Neato Robotics Inc.
- Samsung Electronics Co. Ltd.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
