The robotic vacuum cleaner is majorly utilized for cleaning the small commercial spaces such as gutters, floors and pools and cleaning residential while it is generally called as robovacs. The robotic vacuum cleaners are encompasses with the utilization of intelligent sensors and a camera straddling on the top to clean close-fitting corners and hard-to-reach surfaces. Moreover, the manufactures are producing the robotic vacuum cleaners with the advanced features which include room mapping, laser vision and robotic self-charging to offer the convenience to consumers. The unit of the robotic vacuum cleaners consists a mobile base, cleaning system, programming software, mobile base and several other accessories. Furthermore, the players of Europe residential robotic vacuum cleaner are doing effective developments for increasing the applications and more efficient convenience to the consumers which further benefitted for leading the fastest market growth and dominating the fastest market growth more significantly throughout the forecasted period.
According to the report analysis, ‘Europe Residential Robotic Vacuum Cleaner Market 2017-2023 by Application, Product Function, Charging Technology, Distribution Channel and Country’ states that there are several key players which are recently functioning in this sector more actively for leading the fastest market growth and registering the foremost market value of market share while developing the design and transformation in the supply chain of such technology for decreasing the cost to the end users includes AB Electrolux, Aqua Products, Inc., BSH Bosch Und Siemens HausgerateAltersfursorge GmbH, Dyson Ltd, ECOVACS Robotics Co., Ltd., Hanool Robotics Corp., iRobot Corporation, LG Electronics, Maytronics Ltd., Metapo, Inc., Moneual USA, Inc., Neato Robotics, Inc., Panasonic Corporation, Samsung Electronics, Sharp Corporation, Toshiba Corporation, Yujin Robot Co., Ltd., Zodiac Pool Systems, Inc., and several others. Moreover, many of the efficient players in this market are launching the new products and adopting the strategies of joint ventures, mergers and acquisitions and partnerships for enlarging the business premises and expanding the value of market share around the globe in the coming years.
The total sales revenue of residential robotic vacuum cleaners (RVCs) in Europe will develop to an efficient USD in million in 2023, accounting a significant CAGR of 8.9% between 2016 and 2023. This characterizes cumulative revenue of USD in billion during 2017-2023 due to a fast-growing acceptance of cleaning robots in European households. Accordingly, the sales volume of residential robovacs in Europe is predicted to reach thousand units in 2023, growing by effective rate annually over the coming years. Whereas, the market of residential robotic vacuum in Europe is sectored into different segments which majorly involve charging technology, distribution channel, region, application and product function.
Additionally, the decreased time for household activities is one of the foremost forces to propelling this market growth in the Europe more positively. The residential robotic vacuum cleaners can offer this purpose by functioning tasks such as mopping and cleaning in a time well-organized manner. Therefore, with the effective application, the market of residential robotic vacuum cleaner will increase across the Europe more positively over the forecasted period.
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Ankur Gupta, Head Marketing & Communications