Lewes, DE -- (SBWIRE) -- 02/19/2016 -- Report forecast the global robotic vacuum cleaner market to grow at a CAGR of 15.3% during the period 2016-2020.

A robotic vacuum cleaner (robovac) is a self-sufficient machine equipped with a vacuum cleaning system and an intelligent software program that runs the machine. Robovacs are used to clean living spaces, pools, and gutters - thus easing house chores for the user.

Advanced versions of robotic vacuum cleaners comprise lasers or infrared sensors that ensure intelligent and autonomous navigation. The navigation provides with a logical cleaning path, and helps the machines avoid obstacles. Updates in the robotic vacuum cleaner technology reflect the market requirement for better performing machines.

The report covers the present scenario and the growth prospects of the global robotic vacuum cleaner market for 2016-2020. To calculate market size, the report considers revenue generated through the sales of residential robotic vacuum cleaners that are priced above $200 per piece and used in the following applications:
- Vacuuming
- Mopping

According to the report, advancements in robotic technology have resulted in the development of highly sophisticated, advanced, and automated residential robotic vacuum cleaners. Robotic vacuum cleaners run on infrared sensors that ensure a logical sequential path to avoid obstacles. These machines operate wirelessly, and are powered by rechargeable batteries. They are engineered to return to the power source when batteries run low.

Further, the report states that end-users demand better energy efficiency and longer usage period; therefore, issues related to the robots' battery life (as of 2015) may affect the revenue of the robotic vacuum cleaner market during the forecast period.

Global Robotic Vacuum Cleaner Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Robotic Vacuum Cleaner Market: iRobot, LG Electronics, Neato Robotics and Samsung.

Other Prominent Vendors in the market are: Bobsweep, Dyson, Ecovacs, Fluidra, Hanool Robotics Hayward, Infinuvo, Matsutek Enterprises, Maytronics, Miele, Moneual, Pentair, Sharp, Toshiba, YUJIN ROBOT and Zodiac International S.A.S.U.

Market driver
- Improved functionality and performance
- For a full, detailed list, view our report

Market challenge
- Issues related to battery performance
- For a full, detailed list, view our report

Market trend
- Emergence of IoT-connected vacuum cleaners and smart homes
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 51 pages and 27 Exhibit "Global Robotic Vacuum Cleaner Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Product life cycle analysis, Geographical segmentation, Market penetration by country, Pricing analysis, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-robotic-vacuum-cleaner-market-2016-2020

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