Global Autonomous Floor Cleaning Robots Market To Expand at a CAGR of 15.1% Over the Forecast Period 2016-2024

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According to Goldstein Research, global autonomous floor-cleaning robots market is expected to reach USD 4.2 billion by 2024, growing at a compounded annual growth rate of 15.1% over the forecast period. The technological advancement in the floor cleaning machines is driving the growth of the market. Global autonomous floor-cleaning robots market segmentation has been carried out on the basis of product type, end-users, distribution channel, and geography. Based on end-users, residential customers accounted for largest revenue share in2016. The increasing demand for commercial sector is witnessed and thus providing huge opportunities to the market players. The autonomous floor-cleaning robots market is majorly driven by Asia Pacific region, with a market share of 41% in 2016. China, Japan, and Singapore are the top countries of APAC region with high demand and high supply of autonomous floor-cleaning robots.

Market Segmentation

On the basis of our in-depth analysis, Global Autonomous Floor Cleaning Robots Market can be segmented as follows:

  • By Product Type
    • In-House Vacuum Robots
    • Outdoor Vacuum Robots
  • By End Users
    • Residential Consumers
    • Commercial Consumers
  • By Distribution Channel
    • Online Distribution Channel
    • Offline Distribution Channel
  • By Region
    • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 

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Market Trends, Drivers, & Challenges

“Global Autonomous Floor Cleaning Robots Market Outlook 2024” contains a detailed overview of the global autonomous floor-cleaning robots market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, end-users, and distribution channel.

Further, for the in-depth analysis, Global autonomous floor-cleaning robots industry report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asiRobot Corporation, ECOVACS ROBOTICS, Neato Robotics, Dyson Ltd., Samsung Electronics Co. Ltd., Maytronics Ltd., Metapo, Inc, Koninklijke Philips N.V., LG Electronics Inc., Panasonic Corporation, Miele & Cie. KG, Hayward Industries, Inc., Haier Electronics Group Co Ltd, Sharp Corporation, ILIFE Robotics Technology, Vorwerk & Co. KG, Electrolux, Taurus Group, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global autonomous floor-cleaning robots market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on industrial automation market reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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