“Global Robotic Vacuum Cleaner Market, By Product Type (Floor Vacuum Cleaner, Window Vacuum Cleaner, Pool Vacuum Cleaner), By End-Use (Household, Commercial), By Distribution Channel (Offline Channel, Online Channel), as well as by Region – Global Forecast 2020 to 2029.”, which offers a comprehensive view of the Global Robotic Vacuum Cleaner Market through systematic segmentation that encompasses every aspect of this target market. The 5-year (2020–2025) cumulative revenue of this market is projected to be over $8,564.0 Mn, and is estimated to increase significantly over the latter part of the forecast period.
A robotic vacuum cleaner, often called a Roomba as a generic trademark, is an autonomous robotic vacuum cleaner which has intelligent programming and a limited vacuum cleaning floor cleaning system.
A growing number of individuals are experiencing a drastic change in their respective lifestyles on account of increasingly hectic daily work-life schedules, as such they are now gradually seeking effective domestic environment cleaning solutions. This is a major factor that is anticipated to continue to fuel the revenue growth of the Global Robotic Vacuum Cleaner Market over the course of the forecast period. Moreover, the growing need to maintain a hygienic environment, both domestically and in certain commercial settings, in order to eliminate or reduce the potential build-up of dust and other allergens is also a factor that is slated to have positive impact on the market growth of the Global Robotic Vacuum Cleaner Market in the years to come. The high costs associated with these products when compared to conventional vacuum cleaning solutions is a factor that may impede on the revenue growth of this global industry. However, increasing initiatives by key industry players to further penetrate markets, specifically those belonging to various emerging economies across the world is another major factor that is expected to augment the overall market footprint of the global robotic vacuum cleaner industry in the coming years. These are some of the most crucial factors anticipated to play a critical role in catapulting projected revenues for the Global Robotic Vacuum Cleaner Market to $13,601.1 Mn by 2030, at a CAGR of 12.5%.
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