Lewes, DE -- (SBWIRE) -- 02/08/2019 -- Global Cleaning Robot market will register a 16.2% CAGR in terms of revenue, reach US$ 4280 million by 2023, from US$ 1740 million in 2017.

This report covers the present scenario (with the base year being 2017) and the growth prospects of global Cleaning Robot market for 2018-2023.

A cleaning robot, often called a robovac, is an autonomous robotic vacuum cleaner which has intelligent programming and a limited vacuum cleaning system.

The cleaning robot market in APAC is expected to grow at the highest CAGR during the forecast period. Rise in disposable income among consumers in APAC has led to the adoption of cleaning robots. The increasing adoption of cleaning robots and the influx of global players, along with the emergence of native players, are helping the market to grow. As a result, APAC holds a significant share of the overall cleaning robot market.

The cleaning robot market for the residential application is expected to grow at the highest CAGR between 2018 and 2023. Cleaning robots in the residential application are utilized to perform tasks such as mopping and cleaning. In certain countries, employing domestic workers becomes too expensive; in such cases, cleaning robots can easily undertake the task of cleaning.

Over the next five years, study projects that Cleaning Robot will register a 16.2% CAGR in terms of revenue, reach US$ 4280 million by 2023, from US$ 1740 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Cleaning Robot market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Personal cleaning robot
Professional cleaning robot

Segmentation by application:
Residential
Commercial
Industrial
Healthcare
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
iRobot (US
Neato Robotics (US)
LG Electronics (South Korea)
Samsung Electronics (South Korea)
Ecovacs Robotics (China)
Dyson (UK)
Intellibot Robotics (US)
Alfred Kärcher (Germany)
ILIFE (China)
bObsweep (Canada)
Bissell Homecare (US)
Miele (Germany)
Cyberdyne (Japan)
Vorwerk (Germany)
Monoprice (US)

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Cleaning Robot consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Cleaning Robot market by identifying its various subsegments.
Focuses on the key global Cleaning Robot manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cleaning Robot with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Cleaning Robot submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 161 pages "Forecast of Global Cleaning Robot Consumption Market Report 2023" report covers Scope of the Report, Executive Summary, Global Cleaning Robot by Players, Cleaning Robot by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Cleaning Robot Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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