Research and Markets (http://www.researchandmarkets.com/research/cmw8pm/residential) has announced the addition of the "Residential Robotic Vacuum Cleaner Market in Western Europe 2014-2018" report to their offering.
The analysts forecast the Residential Robotic Vacuum Cleaner market in Western Europe to grow at a CAGR of 9.67% and 11.94% in terms of revenue and unit shipment, respectively, over the period 2013-2018
One major trend emerging in the market is the decrease in prices of residential robotic vacuum cleaners. The high demand for these vacuum cleaners influences vendors to reduce their prices in order to survive in a highly competitive market.
According to the report, one of the key growth drivers of the Residential Robotic Vacuum Cleaner market in Western Europe is the reduction in the amount of time consumed carrying out household activities. The economic crisis affects the working life of European consumers, leaving them little time to clean up their homes.
Further, the report states that the basic nature of residential cleaning routines is one of the major challenges that the market faces. Cleaning a home can be done simply and easily, and basic household cleaning is a matter of routine for Europeans and this act as a major barrier to the acceptance of robotic vacuum cleaners.
To calculate the market size, the report considers the revenue generated through the sales of the following types of robotic vacuum cleaners:
- Home cleaning
- Pool cleaning
- Gutter cleaning
Key Vendors
- Bosch und Siemens Hausgeräte
- iRobot
- LG Electronics
- Neato Robotics
- Samsung Electronics
- Vorwerk
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Product Life Cycle Analysis
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/cmw8pm/residential
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