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The Robotic Vacuum Cleaner Market size was valued at USD 4.36 Billion in 2023 and is now anticipated to grow to USD 9.41 Billion by 2031, displaying a compound annual growth rate (CAGR) of 10.10% during the forecast Period (2024-2031).
The robotic vacuum cleaner market is growing at a significant rate with a variety of factors. The rising demand for convenience and cleaner living among consumers is a key driving factor. Also, time bound consumers will have a huge value for such solutions that free them from cleaning work thus making it popular. Also, integration of navigation, sensor technology & AI are making them efficient, easy to use & smarter. The rise of smart homes is making growth opportunities these devices because they integrate seamlessly with smart home systems, allowing for voice control, remote monitoring & scheduling with the help of smartphones. Further, increasing disposable income and rising standard of living puts a premium on leisure time and a comfortable home environment. The market is very diverse and manufacturer are continuously innovating thereby making robotic vacuums cleaner much more accessible to a broader consumer base. All these factors are driving to the growth of the Robotic Vacuum Cleaner market.
Drivers
Addition of air filters in the robotic vacuum cleaners is creating growth opportunities for the market
Increasing air pollution not only on outdoors but also in the indoor surroundings can lead to health issues like shortness of breath & irritation around throat, nose, eyes. Moreover, proper maintenance can help in safeguarding by cleaning & filtering the indoor environment. The filters used in these are HEPA which collects particulate matter of width 0.5-0.2 micrometers. Hence, are driving the market towards its growth.
Shifting of customer focus towards smart home is driving towards the growth.
Restraints
High cost of installation and maintenance of cleaners can be a restraining factor in the growth of the market.
High cost of maintenance is creating a restraint in the growth of the market.
The robotic vacuum devices have automated systems that consisting varieties of sensors and transmitters and rough usage could damage those sensors & minimizing the lifespan of device thus leading to high maintenance costs. This may be a restraining factor which may shift focus of consumers and push them in adoption of traditional vacuum machines.
Opportunities
Integration of technologies like laser system, voice recognition, IoT can increase overall efficiency thus creating growth opportunities.
Introduction of rental and subscription models by companies instead of buying can make it accessible to a larger portion of population thus creating growth opportunities.
Challenges
Obstacle dodging technology in cleaning robots has a low penetration which can be challenging for the growth of the market.
High battery consumption rate making them to recharge them at regular intervals which will hamper the vacuum process extending time taken for cleaning can be a challenge.
Impact of Russia-Ukraine War
The Russia-Ukraine war has a little impact on the robotic vacuum cleaner market. This is because the proximity with the epicenter which is acting as buffer. These are basically assembled in Southeast Asia which is far from the conflict zone causing a low risk of disruption across its production line. There are no direct impacts but more of indirect effects with fluctuation over oil prices indirectly influencing the cost of plastic components used in robotic vacuums, but this will have a minimal impact for such a low resource consuming product. The negative impact might be reduced spending habits for robotic vacuums and might be considered as a non-essential goods because of the war. The war had an indirect impact over the robotic vacuum cleaner market.
Impact of Economic Slowdown
An economic slowdown has a huge impact on the robotic vacuum cleaner market. The slowdown will cause a stiff budget of consumers and may see robotic vacuum cleaner as a luxury which might lead to a delay or cancellation of buying the cleaners. The slowdown will cause inflation that will ultimately weaken the consumer confidence and reduce the purchasing power by squeezing disposable income which will cause a decline in the demand for robotic vacuum cleaner. But on the other side, the usage of robotic vacuum cleaner can reduce cleaning cost in the long run like minimization of use of vacuum cleaner bags, lowering electricity consumption compared to manual vacuuming. Moreover, the slowdown can lead people to spend more time at home thus shifting focus towards products that enhance the indoor environment by creating much cleaner and more comfortable living space thereby increasing the appeal of indoor environment. by looking over freeing up time & reduction in cleaning costs can help companies in fulfilling consumer needs to make the optimal use of the resources.
by Type
Floor Vacuum Cleaner
Pool Vacuum Cleaner
The Floor Vacuum Cleaner Type is dominating the market with a share of around 60.8% of the total market. The reason for this dominance is more inclination of consumers the purchase of floor vacuum cleaners because of its ability to clean various surfaces like marble, tiles flooring, vinyl & wooden floors. Daily household cleaning routine comprise of floor cleaning which is aiding in raising the demand for floor vacuum cleaners because of its efficiency to remove smallest of particles that may bring health issues.
by Distribution Channel
Offline
Online
by Application
Residential
Commercial
The Residential application is dominating the market with a share of 58% of the total market. Residential applications have tasks like mopping and cleaning. Metro cities where hiring workers is costly can be an effective alternative in providing a cost-effective option for cleaning tasks. Also, some robots have the feature of security alert wherein notification is sent to owners in case of intruders or fire outbreaks, thus making its way for dominance.
by Operation Mode
Automated
Remote Control
Robotic Vacuum Cleaner Market Regional Analysis
The Asia-Pacific region is dominating the market with a share of around 43% of the total market. With increasing purchasing power of consumers and rise in e-commerce buying trend is attributing to the dominance of this region. Also, the region is dominating in electronic appliances manufacturing thus boosting the growth of the market. Moreover, urbanization of residential & commercial application is driving up demand for robotic vacuum cleaners.
North America is the fastest growing region next to Asia-Pacific region because of growth in innovation in product offerings to make life easier.
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Regional Outlook
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are iRobot Corporation, Ecovacs Robotics, Xiaomi Corporation, Beijing Roborock Technology Co., Ltd., SharkNinja Operating LLC, Neato Robotics, Inc., Cecotec Innovaciones S.L., Panasonic Corporation, Samsung Electronics Co., Ltd., Dyson Ltd. and others.
In January 2024, iRobot Corporation and Amazon announced that they have entered into a mutual agreement to terminate their previously announced acquisition agreement, originally signed on August 4, 2022.
In January 2024, ECOVACS ROBOTICS unveiled the future of whole home robotics, including revolutionary robots for floor, air, ceiling, window and lawn- care.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 4.36 Billion |
Market Size by 2031 | US$ 9.41 Billion |
CAGR | CAGR of 10.10% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Floor Vacuum Cleaner, Pool Vacuum Cleaner) • By Distribution Channel (Offline, Online) • By Application (Residential, Commercial) • By Operation Mode (Automated, Remote Control) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | iRobot Corporation, Ecovacs Robotics, Xiaomi Corporation, Beijing Roborock Technology Co., Ltd., SharkNinja Operating LLC, Neato Robotics, Inc., Cecotec Innovaciones S.L., Panasonic Corporation, Samsung Electronics Co., Ltd., Dyson Ltd. |
Key Drivers | • Addition of air filters in the robotic vacuum cleaners is creating growth opportunities for the market • Shifting of customer focus towards smart home is driving towards the growth. |
Restraints | • High cost of installation and maintenance of cleaners can be a restraining factor in the growth of the market. • High cost of maintenance is creating a restraint in the growth of the market. |
Ans: The Robotic Vacuum Cleaner Market is expected to grow at a CAGR of 10.10%.
Ans: Robotic Vacuum Cleaner Market size was USD 4.36 billion in 2023 and is expected to Reach USD 9.41 billion by 2031.
Ans: Shifting of customer focus towards smart home is driving towards the growth.
Ans: High cost of maintenance is creating a restraint in the growth of the market.
Ans: Asia-Pacific is expected to hold the largest market share in the Off-highway vehicle market during the forecast period.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Robotic Vacuum Cleaner Market Segmentation, by Type
9.1 Introduction
9.2 Trend Analysis
9.3Floor Vacuum Cleaner
9.4 Pool Vacuum Cleaner
10. Robotic Vacuum Cleaner Market Segmentation, by Distribution Channel
10.1 Introduction
10.2 Trend Analysis
10.3 Offline
10.4 Online
11. Robotic Vacuum Cleaner Market Segmentation, by Application
11.1 Introduction
11.2 Trend Analysis
11.3 Residential
11.4 Commercial
12. Robotic Vacuum Cleaner Market Segmentation, by Operation Mode
12.1 Introduction
12.2 Trend Analysis
12.3 Automated
12.4 Remote Control
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 Trend Analysis
13.2.2 North America Robotic Vacuum Cleaner Market, by Country
13.2.3 North America Robotic Vacuum Cleaner Market, by Type
13.2.4 North America Robotic Vacuum Cleaner Market, by Distribution Channel
13.2.5 North America Robotic Vacuum Cleaner Market, by Application
13.2.6 North America Robotic Vacuum Cleaner Market, by Operation Mode
13.2.7 USA
13.2.7.1 USA Robotic Vacuum Cleaner Market, by Type
13.2.7.2 USA Robotic Vacuum Cleaner Market, by Distribution Channel
13.2.7.3 USA Robotic Vacuum Cleaner Market, by Application
13.2.7.4 USA Robotic Vacuum Cleaner Market, by Operation Mode
13.2.8 Canada
13.2.8.1 Canada Robotic Vacuum Cleaner Market, by Type
13.2.8.2 Canada Robotic Vacuum Cleaner Market, by Distribution Channel
13.2.8.3 Canada Robotic Vacuum Cleaner Market, by Application
13.2.8.4 Canada Robotic Vacuum Cleaner Market, by Operation Mode
13.2.9 Mexico
13.2.9.1 Mexico Robotic Vacuum Cleaner Market, by Type
13.2.9.2 Mexico Robotic Vacuum Cleaner Market, by Distribution Channel
13.2.9.3 Mexico Robotic Vacuum Cleaner Market, by Application
13.2.9.4 Mexico Robotic Vacuum Cleaner Market, by Operation Mode
13.3 Europe
13.3.1 Trend Analysis
13.3.2 Eastern Europe
13.3.2.1 Eastern Europe Robotic Vacuum Cleaner Market, by Country
13.3.2.2 Eastern Europe Robotic Vacuum Cleaner Market, by Type
13.3.2.3 Eastern Europe Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.2.4 Eastern Europe Robotic Vacuum Cleaner Market, by Application
13.3.2.5 Eastern Europe Robotic Vacuum Cleaner Market, by Operation Mode
13.3.2.6 Poland
13.3.2.6.1 Poland Robotic Vacuum Cleaner Market, by Type
13.3.2.6.2 Poland Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.2.6.3 Poland Robotic Vacuum Cleaner Market, by Application
13.3.2.6.4 Poland Robotic Vacuum Cleaner Market, by Operation Mode
13.3.2.7 Romania
13.3.2.7.1 Romania Robotic Vacuum Cleaner Market, by Type
13.3.2.7.2 Romania Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.2.7.3 Romania Robotic Vacuum Cleaner Market, by Application
13.3.2.7.4 Romania Robotic Vacuum Cleaner Market, by Operation Mode
13.3.2.8 Hungary
13.3.2.8.1 Hungary Robotic Vacuum Cleaner Market, by Type
13.3.2.8.2 Hungary Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.2.8.3 Hungary Robotic Vacuum Cleaner Market, by Application
13.3.2.8.4 Hungary Robotic Vacuum Cleaner Market, by Operation Mode
13.3.2.9 Turkey
13.3.2.9.1 Turkey Robotic Vacuum Cleaner Market, by Type
13.3.2.9.2 Turkey Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.2.9.3 Turkey Robotic Vacuum Cleaner Market, by Application
13.3.2.9.4 Turkey Robotic Vacuum Cleaner Market, by Operation Mode
13.3.2.10 Rest of Eastern Europe
13.3.2.10.1 Rest of Eastern Europe Robotic Vacuum Cleaner Market, by Type
13.3.2.10.2 Rest of Eastern Europe Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.2.10.3 Rest of Eastern Europe Robotic Vacuum Cleaner Market, by Application
13.3.2.10.4 Rest of Eastern Europe Robotic Vacuum Cleaner Market, by Operation Mode
13.3.3 Western Europe
13.3.3.1 Western Europe Robotic Vacuum Cleaner Market, by Country
13.3.3.2 Western Europe Robotic Vacuum Cleaner Market, by Type
13.3.3.3 Western Europe Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.3.4 Western Europe Robotic Vacuum Cleaner Market, by Application
13.3.3.5 Western Europe Robotic Vacuum Cleaner Market, by Operation Mode
13.3.3.6 Germany
13.3.3.6.1 Germany Robotic Vacuum Cleaner Market, by Type
13.3.3.6.2 Germany Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.3.6.3 Germany Robotic Vacuum Cleaner Market, by Application
13.3.3.6.4 Germany Robotic Vacuum Cleaner Market, by Operation Mode
13.3.3.7 France
13.3.3.7.1 France Robotic Vacuum Cleaner Market, by Type
13.3.3.7.2 France Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.3.7.3 France Robotic Vacuum Cleaner Market, by Application
13.3.3.7.4 France Robotic Vacuum Cleaner Market, by Operation Mode
13.3.3.8 UK
13.3.3.8.1 UK Robotic Vacuum Cleaner Market, by Type
13.3.3.8.2 UK Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.3.8.3 UK Robotic Vacuum Cleaner Market, by Application
13.3.3.8.4 UK Robotic Vacuum Cleaner Market, by Operation Mode
13.3.3.9 Italy
13.3.3.9.1 Italy Robotic Vacuum Cleaner Market, by Type
13.3.3.9.2 Italy Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.3.9.3 Italy Robotic Vacuum Cleaner Market, by Application
13.3.3.9.4 Italy Robotic Vacuum Cleaner Market, by Operation Mode
13.3.3.10 Spain
13.3.3.10.1 Spain Robotic Vacuum Cleaner Market, by Type
13.3.3.10.2 Spain Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.3.10.3 Spain Robotic Vacuum Cleaner Market, by Application
13.3.3.10.4 Spain Robotic Vacuum Cleaner Market, by Operation Mode
13.3.3.11 Netherlands
13.3.3.11.1 Netherlands Robotic Vacuum Cleaner Market, by Type
13.3.3.11.2 Netherlands Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.3.11.3 Netherlands Robotic Vacuum Cleaner Market, by Application
13.3.3.11.4 Netherlands Robotic Vacuum Cleaner Market, by Operation Mode
13.3.3.12 Switzerland
13.3.3.12.1 Switzerland Robotic Vacuum Cleaner Market, by Type
13.3.3.12.2 Switzerland Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.3.12.3 Switzerland Robotic Vacuum Cleaner Market, by Application
13.3.3.12.4 Switzerland Robotic Vacuum Cleaner Market, by Operation Mode
13.3.3.13 Austria
13.3.3.13.1 Austria Robotic Vacuum Cleaner Market, by Type
13.3.3.13.2 Austria Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.3.13.3 Austria Robotic Vacuum Cleaner Market, by Application
13.3.3.13.4 Austria Robotic Vacuum Cleaner Market, by Operation Mode
13.3.3.14 Rest of Western Europe
13.3.3.14.1 Rest of Western Europe Robotic Vacuum Cleaner Market, by Type
13.3.3.14.2 Rest of Western Europe Robotic Vacuum Cleaner Market, by Distribution Channel
13.3.3.14.3 Rest of Western Europe Robotic Vacuum Cleaner Market, by Application
13.3.3.14.4 Rest of Western Europe Robotic Vacuum Cleaner Market, by Operation Mode
13.4 Asia-Pacific
13.4.1 Trend Analysis
13.4.2 Asia-Pacific Robotic Vacuum Cleaner Market, by Country
13.4.3 Asia-Pacific Robotic Vacuum Cleaner Market, by Type
13.4.4 Asia-Pacific Robotic Vacuum Cleaner Market, by Distribution Channel
13.4.5 Asia-Pacific Robotic Vacuum Cleaner Market, by Application
13.4.6 Asia-Pacific Robotic Vacuum Cleaner Market, by Operation Mode
13.4.7 China
13.4.7.1 China Robotic Vacuum Cleaner Market, by Type
13.4.7.2 China Robotic Vacuum Cleaner Market, by Distribution Channel
13.4.7.3 China Robotic Vacuum Cleaner Market, by Application
13.4.7.4 China Robotic Vacuum Cleaner Market, by Operation Mode
13.4.8 India
13.4.8.1 India Robotic Vacuum Cleaner Market, by Type
13.4.8.2 India Robotic Vacuum Cleaner Market, by Distribution Channel
13.4.8.3 India Robotic Vacuum Cleaner Market, by Application
13.4.8.4 India Robotic Vacuum Cleaner Market, by Operation Mode
13.4.9 Japan
13.4.9.1 Japan Robotic Vacuum Cleaner Market, by Type
13.4.9.2 Japan Robotic Vacuum Cleaner Market, by Distribution Channel
13.4.9.3 Japan Robotic Vacuum Cleaner Market, by Application
13.4.9.4 Japan Robotic Vacuum Cleaner Market, by Operation Mode
13.4.10 South Korea
13.4.10.1 South Korea Robotic Vacuum Cleaner Market, by Type
13.4.10.2 South Korea Robotic Vacuum Cleaner Market, by Distribution Channel
13.4.10.3 South Korea Robotic Vacuum Cleaner Market, by Application
13.4.10.4 South Korea Robotic Vacuum Cleaner Market, by Operation Mode
13.4.11 Vietnam
13.4.11.1 Vietnam Robotic Vacuum Cleaner Market, by Type
13.4.11.2 Vietnam Robotic Vacuum Cleaner Market, by Distribution Channel
13.4.11.3 Vietnam Robotic Vacuum Cleaner Market, by Application
13.4.11.4 Vietnam Robotic Vacuum Cleaner Market, by Operation Mode
13.4.12 Singapore
13.4.12.1 Singapore Robotic Vacuum Cleaner Market, by Type
13.4.12.2 Singapore Robotic Vacuum Cleaner Market, by Distribution Channel
13.4.12.3 Singapore Robotic Vacuum Cleaner Market, by Application
13.4.12.4 Singapore Robotic Vacuum Cleaner Market, by Operation Mode
13.4.13 Australia
13.4.13.1 Australia Robotic Vacuum Cleaner Market, by Type
13.4.13.2 Australia Robotic Vacuum Cleaner Market, by Distribution Channel
13.4.13.3 Australia Robotic Vacuum Cleaner Market, by Application
13.4.13.4 Australia Robotic Vacuum Cleaner Market, by Operation Mode
13.4.14 Rest of Asia-Pacific
13.4.14.1 Rest of Asia-Pacific Robotic Vacuum Cleaner Market, by Type
13.4.14.2 Rest of Asia-Pacific Robotic Vacuum Cleaner Market, by Distribution Channel
13.4.14.3 Rest of Asia-Pacific Robotic Vacuum Cleaner Market, by Application
13.4.14.4 Rest of Asia-Pacific Robotic Vacuum Cleaner Market, by Operation Mode
13.5 Middle East & Africa
13.5.1 Trend Analysis
13.5.2 Middle East
13.5.2.1 Middle East Robotic Vacuum Cleaner Market, by Country
13.5.2.2 Middle East Robotic Vacuum Cleaner Market, by Type
13.5.2.3 Middle East Robotic Vacuum Cleaner Market, by Distribution Channel
13.5.2.4 Middle East Robotic Vacuum Cleaner Market, by Application
13.5.2.5 Middle East Robotic Vacuum Cleaner Market, by Operation Mode
13.5.2.6 UAE
13.5.2.6.1 UAE Robotic Vacuum Cleaner Market, by Type
13.5.2.6.2 UAE Robotic Vacuum Cleaner Market, by Distribution Channel
13.5.2.6.3 UAE Robotic Vacuum Cleaner Market, by Application
13.5.2.6.4 UAE Robotic Vacuum Cleaner Market, by Operation Mode
13.5.2.7 Egypt
13.5.2.7.1 Egypt Robotic Vacuum Cleaner Market, by Type
13.5.2.7.2 Egypt Robotic Vacuum Cleaner Market, by Distribution Channel
13.5.2.7.3 Egypt Robotic Vacuum Cleaner Market, by Application
13.5.2.7.4 Egypt Robotic Vacuum Cleaner Market, by Operation Mode
13.5.2.8 Saudi Arabia
13.5.2.8.1 Saudi Arabia Robotic Vacuum Cleaner Market, by Type
13.5.2.8.2 Saudi Arabia Robotic Vacuum Cleaner Market, by Distribution Channel
13.5.2.8.3 Saudi Arabia Robotic Vacuum Cleaner Market, by Application
13.5.2.8.4 Saudi Arabia Robotic Vacuum Cleaner Market, by Operation Mode
13.5.2.9 Qatar
13.5.2.9.1 Qatar Robotic Vacuum Cleaner Market, by Type
13.5.2.9.2 Qatar Robotic Vacuum Cleaner Market, by Distribution Channel
13.5.2.9.3 Qatar Robotic Vacuum Cleaner Market, by Application
13.5.2.9.4 Qatar Robotic Vacuum Cleaner Market, by Operation Mode
13.5.2.10 Rest of Middle East
13.5.2.10.1 Rest of Middle East Robotic Vacuum Cleaner Market, by Type
13.5.2.10.2 Rest of Middle East Robotic Vacuum Cleaner Market, by Distribution Channel
13.5.2.10.3 Rest of Middle East Robotic Vacuum Cleaner Market, by Application
13.5.2.10.4 Rest of Middle East Robotic Vacuum Cleaner Market, by Operation Mode
13.5.3 Africa
13.5.3.1 Africa Robotic Vacuum Cleaner Market, by Country
13.5.3.2 Africa Robotic Vacuum Cleaner Market, by Type
13.5.3.3 Africa Robotic Vacuum Cleaner Market, by Distribution Channel
13.5.3.4 Africa Robotic Vacuum Cleaner Market, by Application
13.5.3.5 Africa Robotic Vacuum Cleaner Market, by Operation Mode
13.5.3.6 Nigeria
13.5.3.6.1 Nigeria Robotic Vacuum Cleaner Market, by Type
13.5.3.6.2 Nigeria Robotic Vacuum Cleaner Market, by Distribution Channel
13.5.3.6.3 Nigeria Robotic Vacuum Cleaner Market, by Application
13.5.3.6.4 Nigeria Robotic Vacuum Cleaner Market, by Operation Mode
13.5.3.7 South Africa
13.5.3.7.1 South Africa Robotic Vacuum Cleaner Market, by Type
13.5.3.7.2 South Africa Robotic Vacuum Cleaner Market, by Distribution Channel
13.5.3.7.3 South Africa Robotic Vacuum Cleaner Market, by Application
13.5.3.7.4 South Africa Robotic Vacuum Cleaner Market, by Operation Mode
13.5.3.8 Rest of Africa
13.5.3.8.1 Rest of Africa Robotic Vacuum Cleaner Market, by Type
13.5.3.8.2 Rest of Africa Robotic Vacuum Cleaner Market, by Distribution Channel
13.5.3.8.3 Rest of Africa Robotic Vacuum Cleaner Market, by Application
13.5.3.8.4 Rest of Africa Robotic Vacuum Cleaner Market, by Operation Mode
13.6 Latin America
13.6.1 Trend Analysis
13.6.2 Latin America Robotic Vacuum Cleaner Market, by country
13.6.3 Latin America Robotic Vacuum Cleaner Market, by Type
13.6.4 Latin America Robotic Vacuum Cleaner Market, by Distribution Channel
13.6.5 Latin America Robotic Vacuum Cleaner Market, by Application
13.6.6 Latin America Robotic Vacuum Cleaner Market, by Operation Mode
13.6.7 Brazil
13.6.7.1 Brazil Robotic Vacuum Cleaner Market, by Type
13.6.7.2 Brazil Robotic Vacuum Cleaner Market, by Distribution Channel
13.6.7.3 Brazil Robotic Vacuum Cleaner Market, by Application
13.6.7.4 Brazil Robotic Vacuum Cleaner Market, by Operation Mode
13.6.8 Argentina
13.6.8.1 Argentina Robotic Vacuum Cleaner Market, by Type
13.6.8.2 Argentina Robotic Vacuum Cleaner Market, by Distribution Channel
13.6.8.3 Argentina Robotic Vacuum Cleaner Market, by Application
13.6.8.4 Argentina Robotic Vacuum Cleaner Market, by Operation Mode
13.6.9 Colombia
13.6.9.1 Colombia Robotic Vacuum Cleaner Market, by Type
13.6.9.2 Colombia Robotic Vacuum Cleaner Market, by Distribution Channel
13.6.9.3 Colombia Robotic Vacuum Cleaner Market, by Application
13.6.9.4 Colombia Robotic Vacuum Cleaner Market, by Operation Mode
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America Robotic Vacuum Cleaner Market, by Type
13.6.10.2 Rest of Latin America Robotic Vacuum Cleaner Market, by Distribution Channel
13.6.10.3 Rest of Latin America Robotic Vacuum Cleaner Market, by Application
13.6.10.4 Rest of Latin America Robotic Vacuum Cleaner Market, by Operation Mode
14. Company Profiles
14.1 iRobot Corporation
14.1.1 Company Overview
14.1.2 Financial
14.1.3 Products/ Services Offered
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Ecovacs Robotics
14.2.1 Company Overview
14.2.2 Financial
14.2.3 Products/ Services Offered
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 Xiaomi Corporation
14.3.1 Company Overview
14.3.2 Financial
14.3.3 Products/ Services Offered
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 Beijing Roborock Technology Co. Ltd.
14.4.1 Company Overview
14.4.2 Financial
14.4.3 Products/ Services Offered
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 SharkNinja Operating LLC
14.5.1 Company Overview
14.5.2 Financial
14.5.3 Products/ Services Offered
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 Neato Robotics Inc.
14.6.1 Company Overview
14.6.2 Financial
14.6.3 Products/ Services Offered
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 Cecotec Innovaciones S.L.
14.7.1 Company Overview
14.7.2 Financial
14.7.3 Products/ Services Offered
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Panasonic Corporation
14.8.1 Company Overview
14.8.2 Financial
14.8.3 Products/ Services Offered
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Samsung Electronics Co. Ltd.
14.9.1 Company Overview
14.9.2 Financial
14.9.3 Products/ Services Offered
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 Dyson Ltd.
14.10.1 Company Overview
14.10.2 Financial
14.10.3 Products/ Services Offered
14.10.4 SWOT Analysis
14.10.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. Use Case and Best Practices
17. Conclusion
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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