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Wednesday 23 September 2015

Residential robotic vacuum cleaner market in South Korea to grow at a CAGR of 18.24% over the period 2014-2019

Posted on 03:42 by Unknown
About residential robotic vacuum cleaner
A robotic vacuum cleaner, also called a robovac, is used to clean floors, gutters, and pools and has the ability to function without human intervention within a defined area. It consists of a mobile base, a docking station, and other accessories that support its smooth functioning. It is autonomous to a high degree and uses intelligent sensory feedback control that is programmed to clean surfaces automatically. A robovac has additional features such as smart navigation, laser vision, room memory, mapping, and a self-emptying function, thus enabling increased efficiency and performance. In addition, it has in-built ledge sensors that allow smoother maneuverability. Residential robotic vacuum cleaners assist in cleaning and ease household chores. 


Technavio's analysts forecast the residential robotic vacuum cleaner market in South Korea to grow at a CAGR of 18.24% over the period 2014-2019.

Covered in this report
The report covers the current scenario and the growth prospects of the residential robotic vacuum cleaner market in South Korea for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sales of the following types of robotic vacuum cleaners:
Home cleaning
Pool cleaning
Gutter cleaning

Technavio's report, Residential Robotic Vacuum Cleaner Market in South Korea 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the residential robotic vacuum cleaner market in South Korea and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key countries
South Korea

Key vendors
iRobot
LG
Samsung
Yujin Robot

Other prominent vendors
ECOVACS
Electrolux
Hanool Robotics 
Mamirobot 
Maytronics 
Moneual 
Neato Robotics 

Key market driver
Decreased time for household activities
For a full, detailed list, view our report

Key market challenge
Basic nature of residential cleaning routines
For a full, detailed list, view our report

Key market trend
Security features in robotic vacuum cleaners
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 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? 

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