Global Vacuum Cleaner Market to Witness Temperate Growth during 2017-2026: Technological Advancements to Boost Demand

Posted on 2017-12-14 by Mark Hub in Retail // 0 Comments

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Albany, US, 2017-Dec-14 — /EPR Network/ —The vacuum, as an appliance, is one of the single most useful machines that any household can have. In recent years, vacuum cleaner technology has perceived some of the important advancements. Manufacturers are constantly focusing on developing next-generation vacuum cleaners that are smart, cordless, and enhance the user experience, making cleaning effortless. Although demand has remained steady over the years, a number of factors continue to influence the global market in the coming years, finds a new study broadcasted to the wide repository of Market Research Hub (MRH). The study is titled as “Vacuum Cleaner Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026” which offers major insights, analysis, and valuable guidance on the prospects of global vacuum cleaner market.

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According to the report highlights, the global vacuum cleaner market is expected to witness moderate growth, registering 4.3% CAGR during 2017-2026. The market is also estimated to reach US$ 29,704.1 million revenue by the end of 2026. As customers are becoming progressively aware about the harmful impact of the chemical components, sales of vacuum cleaners are likely to rev up during the forecast period.

Market Introduction

Vacuum cleaners are being used on a large scale in residential as well as commercial spaces. While there are various alternatives for cleaning the house and floors, customers prefer adopting the vacuum cleaners. Apart from that, they are in demand because innovative technologies and features such as voice recognition, and Internet of Things (IoT) are being integrated into vacuum cleaners. In the present time, the robotic vacuum cleaners continue to witness increasing demand among the customers attributed to various advanced features. These vacuum cleaners are furnished with the sensors that smartly track the sequential path in order to avoid obstacles while cleaning the floor.

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Moreover, increasing incidence of asthma and other breathing problems is boosting the demand for vacuum cleaners equipped with High-Efficiency Particulate Air (HEPA) filters.

In a bid to give readers seamless and detailed information, the vacuum cleaner market has been segmented on the basis of product type, end use, filter, sales channel, and region. Geographically, the market is segmented into Latin America, North America, Europe, Asia Pacific Excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). APEJ is likely to remain dominant in the global vacuum cleaner market during the forecast period 2017-2026.

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