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Household Vacuum Cleaners Market: Robotic Vacuum Cleaners to Gain Momentum as Technological Advancements Soar

Feb 17th 2019 at 11:37 PM

From the humble creation, vacuum cleaners have become a pivotal household staple. The unparalleled status as the reducer of pollutants and eliminator of germs has made vacuum cleaners immensely popular in households. Given people have become more conscious than ever before with respect to hygiene, the household vacuum cleaners have gained traction.

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Technological advancements have leveraged manufacturers to propel convenience features and cleaning power which has been instrumental with respect to the emergence of fully automated and efficient robotic vacuum cleaners. Equipped with room mapping, laser vision and self-empty features which provide convenience, robotic vacuum cleaners are anticipated to be embraced by households profoundly.

These aforementioned actionable insights are in line with the report titled, “Household Vacuum Cleaners Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026,” which has been latterly embraced in the exhaustive repository of Market Research Reports Search Engine (MRRSE). Assessing a host of factors with respect to market revenue, the market for household vacuum cleaners is anticipated to witness a compound annual growth rate of over 4% during the forecast period 2018-2026.Soaring consumer awareness with respect to vacuum cleaners in both digital and print media has provided an impetus to the prospect of household vacuum cleaners market.

The report limns a comprehensive analysis on household vacuum cleaners market for the assessment period 2018-2026 through qualitative and quantitative analysis. The report further states the dynamics including drivers, trends, opportunities and restraints that have significant impact in the growth of the market. Furthermore, the report offers an apt segregation to provide a holistic view of the household vacuum cleaners market. The report is segregated on the basis of product type, distribution channel and geography.

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The report starts with executive summary followed by market overview section. The market overview section elucidates key trend analysis, value chain analysis, industry SWOT analysis and Porters’ Five Force Analysis. The value chain analysis focuses on supply chain and profit margin analysis while Porters’ five Force analysis focuses on the competitive landscape of the market. The report also includes market attractiveness analysis where segments are benchmarked on the basis of their growth rate, market size and general attractiveness.

The last section offers actionable insights on the competitive landscape of the household vacuum cleaners market with a dashboard view, market structure analysis, company share analysis, competition position index, competition development—mergers, acquisitions and expansion— and competition deep dive. The final section incorporates company overview, strategies, product portfolio, and recent developments. Competitors of the market included in the report are iRobot Corporation, Haier Group Corporation, Eureka Forbes, Dyson Ltd and Panasonic Corporation, among others.

Report on the household vacuum cleaners market is the result of a dynamic research methodology incorporating comprehensive primary and secondary sources. Primary sources have succored in offering actionable insights on the household vacuum cleaners market, while exhaustive analysis gained from secondary sources have been verified taking those assessments from primary sources into consideration. The market value projections has been evaluated on the basis of absolute dollar opportunity analysis and Y-o-Y projections.

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