Residential Robotic Vacuum Cleaner Market Size in Western Europe to Grow by USD 548.97 million, Dyson Ltd. and ILIFE INNOVATION Ltd. Among Key Vendors - Technavio

NEW YORK, Sept. 27, 2022 /PRNewswire/ -- The residential robotic vacuum cleaner market has been segmented by product (vacuum cleaner robots and vacuum and mop cleaner robots) and geography (Germany, the UK, the Netherlands, France, and Rest of Western Europe). Germany will account for 37% of the market's growth during the forecast period. This growth is attributed to factors such as real estate development with smart housing societies and the growing population. Moreover, market share growth in Germany will be faster than the growth of the market in the UK, the Netherlands, France, and Rest of Western Europe.

The residential robotic vacuum cleaner market size in Western Europe is estimated to grow by USD 548.97 million from 2020 to 2025. In addition, the growth momentum of the market will accelerate at a CAGR of 15.09% during the forecast period, according to Technavio.

Get a comprehensive report summary that describes the market size and forecast of the residential robotic vacuum cleaner market size in Western Europe, along with research methodology. The FREE sample report is available in PDF format

The residential robotic vacuum cleaner market in Western Europe report provides complete insights on key vendors including Dyson Ltd., ILIFE INNOVATION Ltd., iRobot Corp., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Neato Robotics Inc., Samsung Electronics Co. Ltd., Robert Bosch GmbH, and Sharp Corp. The key offerings of some of these vendors are listed below:

• Dyson Ltd. - The company provides a wide range of vacuum cleaners such as 360 Eye robot vacuum.
• ILIFE INNOVATION Ltd. - The company offers robot cleaners for floor washing, vacuum cleaner, carpet cleaner, etc.
• iRobot Corp. - The company offers a robot vacuum called Roomba, which is available in I Series, s Series, 900 Series, and e Series.
• Koninklijke Philips NV - Philips EasyStar is a robot vacuum cleaner that cleans floors. It can easily reach under low furniture with its slim design and structure.
• LG Electronics Inc. - The company offers robotic vacuum cleaners such as LG Hom-Bot, a robotic vacuum cleaner with Wi-Fi capabilities.
• Neato Robotics Inc. - The company offers different robot vacuums such as Botvac D7 Connected, Botvac D6 Connected, Botvac D4 Connected, and others.

This report provides a complete list of key vendors, their strategies, and the latest developments. Buy Now to gain access to vendor information

The competitive scenario provided in the residential robotic vacuum cleaner market in Western Europe report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include growth strategies, the financial performance of companies over the past few years, new product launches, product innovations, investments, growth in market share, etc.

Factors such as improved functionality and performance with no manual work will be crucial in driving the growth of the market. However, the periodic replacement cost associated with batteries will challenge the market growth during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

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Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Vacuum cleaner robots - Market size and forecast 2020-2025
• Vacuum and mop cleaner robots - Market size and forecast 2020-2025
• Market opportunity by Product

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Germany - Market size and forecast 2020-2025
• UK - Market size and forecast 2020-2025
• The Netherlands - Market size and forecast 2020-2025
• France - Market size and forecast 2020-2025
• Rest of Western Europe - Market size and forecast 2020-2025
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Dyson Ltd.
• ILIFE INNOVATION Ltd.
• iRobot Corp.
• Koninklijke Philips NV
• LG Electronics Inc.
• Neato Robotics Inc.
• Panasonic Corp.
• Robert Bosch GmbH
• Samsung Electronics Co. Ltd. 
• Sharp Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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SOURCE Technavio