Global Robotic Vacuum Cleaners Industry (2020 to 2027) – Market Trends and Drivers

January 25, 2021 06:08 ET | Source: Research and Markets

Dublin, Jan. 25, 2021 (GLOBE NEWSWIRE) — The “Robotic Vacuum Cleaners – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

The publisher brings years of research experience to the 6th edition of this report. The 143-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Robotic Vacuum Cleaners Market to Reach $3.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Robotic Vacuum Cleaners estimated at US$2 Billion in the year 2020, is projected to reach a revised size of US$3.4 Billion by 2027, growing at a CAGR of 7.9% over the period 2020-2027.

The U.S. Market is Estimated at $543.7 Million, While China is Forecast to Grow at 12% CAGR

The Robotic Vacuum Cleaners market in the U.S. is estimated at US$543.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$775 Million by the year 2027 trailing a CAGR of 12% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 7.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Competitors identified in this market include, among others:

• Dyson Ltd.
• Ecovacs Robotics, Inc.
• iRobot Corporation
• LG Electronics, Inc.
• Samsung Electronics Co., Ltd.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Robotic Vacuum Cleaner Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

• TABLE 1: Robotic Vacuum Cleaner Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
• TABLE 2: Robotic Vacuum Cleaner Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
• TABLE 3: Robotic Vacuum Cleaner Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 47

For more information about this report visit https://www.researchandmarkets.com/r/9n194k

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CONTACT: ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.comFor E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900

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Amid the COVID-19 crisis, the global market for Robotic Vacuum Cleaners estimated at US$2 Billion in the year 2020, is projected to reach a revised size of US$3.4 Billion by 2027, growing at a CAGR of 7.9% over the period 2020-2027.

Source: https://www.globenewswire.com/news-release/2021/01/25/2163308/0/en/Global-Robotic-Vacuum-Cleaners-Industry-2020-to-2027-Market-Trends-and-Drivers.html