Expert Market Research’s new report, titled “Global Market share of robot vacuum cleaners Report and Forecast 2021-2026′, provides an in-depth analysis of the global Robotic Vacuum Cleaner market and evaluates the market on the basis of its segments such as types, distribution channels, operations, applications and regions. The report tracks the latest trends in the industry and examines their impact on the overall market. It also assesses market dynamics, covers key demand and price indicators, and analyzes the market based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026)
- Historical market size (2020): $2.96 billion
- Forecast CAGR (2021-2026): 83%
- Projected market size (2026): USD 10.67 billion
The robot vacuum cleaner market is driven by the growing global demand for efficient robot vacuum cleaners. This is due to increasing digitization leading to consumer acceptance of IoT solutions and digital devices. In addition, increasing penetration of 5G network and improved accessibility of internet facilities are supporting the market growth. In addition, growing consumer dependence on technology is expected to fuel market growth in the coming years. These factors are expected to drive the market growth over the forecast period.
Industry definition and main segments
Robot vacuums are cleaning devices that are self-propelled and can be controlled remotely. These devices autonomously clean an area using sensors programmed to assist in the efficient cleaning process. In addition, with the rapid advances in technology, robotic cleaning devices learn to adapt to different environments and avoid dangerous objects on their way.
Read the full report with table of contents: https://bit.ly/3N7jejF
The robot vacuum cleaner market at the…
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