Report ID: SQMIG25A2246
Report ID:
SQMIG25A2246 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|
Tables:
143 |
Figures:
72
North America is one of the largest markets for vacuum cleaners globally in terms of revenue and sales volume. The area’s demographics, high household density and strong buying power of consumers contribute to its popularity in the market. North America is the epicenter of technological innovation in air purifiers. Several leading vacuum cleaner manufacturers such as Dyson, SharkNinja and iRobot are available in North America. These companies are constantly investing in R&D with advanced features such as smart contacts, advanced suction power and advanced filtration systems to drive market growth and differentiation.
Asia-Pacific is estimated to hold the largest share of the Robot Vacuum Cleaner industry during the forecast period. This growth can be attributed to key market players in this segment. For example, in March 2021, Roborok, part of the Xiaomi family of brands, launched its Roborok T7S vacuum cleaner line with built-in ultrasonic sensors and artificial intelligence (AI), adding avoidance aids barriers, especially in China Increased adoption of robotic vacuum cleaners is also predicted to contribute to the market growth. Moreover, increasing availability of 5G networks and expansion of internet facilities in the region is also predicted to fuel the market growth.
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Report ID: SQMIG25A2246