Why APAC region will dominate the global robotic vacuum cleaner market till 2021

Robotic Vacuum Cleaner Market Strategic Assessment and Forecast Till 2021

 A recent study on “Global Robotic Vacuum Cleaner Market” says that in 2015, APAC was the largest segment of the global robotic vacuum cleaner market. APAC is witnessing rapid urbanization among all other geographies. The rapid urbanization in developing countries of APAC is likely to boost the demand for new residential complexes, which is expected to drive demand for robotic vacuum cleaners in the market.  Countries such as China, Japan, South Korea and Australia are going to witness huge demand for robotic vacuum cleaner. For instance, the demand for robotic vacuum cleaners in Japan witnessed a surge by 12.6% in 2015 from 2014 against the demand for traditional vacuum cleaners.  Study says that APAC region will continue to dominate the global robotic vacuum cleaner market till 2021.

China has emerged as one of the largest markets for robotic vacuum cleaners

 China offers a huge growth opportunity for the global robotic vacuum cleaner market. The market in China is fuelled by the commoditization of various low-cost brands of robotic vacuum cleaners offered by local Chinese vendors. ECOVACS Electrical was the market leader in china. Major vendors such as iRobot are focusing on the Chinese market as it presents a huge potential for revenue and volume growth for robotic vacuum cleaners.

Japan is the second largest market for robotic vacuum cleaners in APAC

Japan is the second largest market for robotic vacuum cleaners in APAC. The Japanese are tech-savvy people and prefer advanced technical products. Robotic vacuum cleaners have already become a part of the mainstream consumer electronics in Japan.  iRobot has the majority share in the robotic vacuum cleaners market in Japan.

After China and Japan, South Korea was the largest market for robotic vacuum cleaner in APAC in 2015

The price of the robotic vacuum cleaner in South Korea is lower compared to Japan because of the presence of many vendors in the South Korean market. The emergence of advanced robotic technology in the country also makes the market penetration high. LG and Samsung contribute the most in robotic vacuum cleaners in South Korea.

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