Tech-savvy Consumers Generating Growth Prospects in the Residential Robotic Vacuum Cleaner Market in Spain: Technavio Report

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  • The key vendors in the Residential Robotic Vacuum Cleaner Market in Spain are AB Electrolux, BSH Bosch und Siemens Hausgeräte GmbH, Electrodomésticos Taurus SL, Groupe SEB, iRobot Corp. and Vorwerk & Co. KG

London, 12 August 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Residential Robotic Vacuum Cleaner Market in Spain 2014-2018. The market is expected to grow at a CAGR of 10.55 percent in terms of unit shipments and 10.41 percent in terms of revenue, during the forecast period of 2013-2018.

An increase in functionality from robotic vacuum cleaners and their modular design serving multiple functionalities is expected to prompt the shift from traditional vacuum cleaners to robotic ones. Recent developments enable the robots to detect obstacles and provide planned cleaning. They can be controlled by a remote, scheduled for cleaning, and charged automatically. These factors have led to an increase in the efficiency and effectiveness of robotic vacuum cleaners, thereby propelling the growth of residential vacuum cleaners in the Residential Robotic Vacuum Cleaner market in Spain.

“The Residential Robotic Vacuum Cleaner market in Spain has been witnessing a high adoption rate for appliances that ease household chores. The growing affinity for technology, changing consumer attitudes and preferences and convenience has met the ever-increasing demands of end-users thorough technological improvement triggering market growth,” says Faisal Ghaus, Vice President of TechNavio Research.

To define the market conditions 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. 

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