Fwd: Cleaning Robot Market worth 4.34 Billion USD by 2023, CAGR of 16.21%

[Ahmad Athif Mohd Faudzi]

Updated statistics on cleaning robot

Ahmad Athif Mohd Faudzi

Begin forwarded message:

From: "MarketsandMarkets" <newsl...@mnmreports.com>
Date: July 29, 2019 at 9:05:32 AM GMT+8
To: athif....@gmail.com
Subject: Cleaning Robot Market worth 4.34 Billion USD by 2023, CAGR of 16.21%
Reply-To: newsl...@mnmreports.com

Cleaning robot market for residential application expected to grow at the highest CAGR between 2018 and 2023

Not rendering correctly? View this email as a web page here. According to the new research report "Cleaning Robot Market by Type, Product (Floor-cleaning robot, Lawn-cleaning robot, Pool-cleaning robot, Window-cleaning robot), Application (Residential, Commercial, Industrial, Healthcare), and Geography - Global Forecast to 2023", the cleaning robot market is expected to grow from USD 2.09 Billion in 2018 to USD 4.34 Billion by 2023, at a CAGR of 16.21% between 2018 and 2023. The growth of this market is mainly driven by factors such as penetration of automation in household appliances, rise in labor cost, and increasing safety concern.   Download PDF Brochure: - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=22726569   Browse •    65 market data Tables •    48 Figures •    129 Pages and in-depth TOC on "Cleaning Robot Market - Global Forecast to 2023"   Some of the prominent key players are: iRobot (US) Neato Robotics (US) LG Electronics (South Korea) Samsung Electronics (South Korea) Ecovacs Robotics (China) Dyson (UK) Intellibot Robotics (US) and many more... Floor-cleaning robot expected to hold the largest share of the cleaning robot market by 2023 Floor-cleaning robot is expected to hold the largest share, on the basis of product, of the cleaning robot market by 2023; the growth of the market for this technology attributed the popularity of floor-cleaning robots in the residential sector, which has helped the floor-cleaning robot market to grow at a rapid pace. These robots are equipped with functions such as navigation control systems and sensors (distance counter, gyro, ultrasonic, laser, and bumper switches), which are specifically used to detect obstacles and prevent collisions. Cleaning robot market for residential application expected to grow at the highest CAGR between 2018 and 2023 The cleaning robot market for the residential application is expected to grow at the highest CAGR between 2018 and 2023. Cleaning robots in the residential application are utilized to perform tasks such as mopping and cleaning. In certain countries, employing domestic workers becomes too expensive; in such cases, cleaning robots can easily undertake the task of cleaning. Request Free Sample Report : - https://www.marketsandmarkets.com/requestsampleNew.asp?id=22726569   APAC expected to dominate the cleaning robot market during the forecast period The cleaning robot market in APAC is expected to grow at the highest CAGR during the forecast period. Rise in disposable income among consumers in APAC has led to the adoption of cleaning robots. The increasing adoption of cleaning robots and the influx of global players, along with the emergence of native players, are helping the market to grow. As a result, APAC holds a significant share of the overall cleaning robot market.   About MarketsandMarkets™   MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.   MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.   Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road, Suite 430 Northbrook, Illinois - 60062 USA : 1-888-600-6441 Email: newsl...@marketsandmarkets.com   Follow on Twitter | Friend on Facebook | Follow on LinkedIn | Unsubscribe Copyright© 2019 MarketsandMarkets™, All rights reserved.