TechNavio recognizes the following companies as the key players in the Global Residential Robotic Vacuum Cleaner Market: iRobot Corp., LG Electronics Inc., Neato Robotics Inc., and Samsung Electronics Co. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Residential Robotic Vacuum Cleaner market is witnessing increasing demand for residential robotic vacuum cleaners among end-users. The introduction of room memory in these vacuum cleaners enables them to return to the same spot at which they stopped cleaning before they returned to the recharging point. In addition, the room memory also enables these vacuum cleaners to remember the layout of the room. These features are propelling the demand for residential robotic vacuum cleaners with room memory. This pattern is expected to continue and will contribute revenue to the Global Residential Robotic Vacuum Cleaner market during the forecast period.”
According to the report, the Global Residential Robotic Vacuum Cleaner market is driven by many growth factors, one of which is the decreased time for household activities. The decreased time for household activities is forcing end-users to adopt residential robotic vacuum cleaners for their manual household works such as mopping and cleaning.
Further, the report states that despite the presence of some drivers, the Global Residential Robotic Vacuum Cleaner market is confronted by some major growth inhibitors. One such major growth inhibitor is the issue relating to battery life. Residential robotic vacuum cleaners consume battery power at a higher rate, which, in turn, decreases their operating time.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-residential-robotic-vacuum-cleane…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Residential Robotic Vacuum Cleaner Market 2014-2018
