|By Business Wire||
|August 20, 2014 04:02 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/pf4kdg/residential) has announced the addition of the "Residential Robotic Vacuum Cleaner Market in Germany 2014-2018" report to their offering.
The Residential Robotic Vacuum Cleaner market in Germany will grow at a CAGR of 10.10 percent and 9.89 percent in terms of unit shipment and value, respectively, during the period 2013-2018.
The Residential Robotic Vacuum Cleaner market in Germany can be segmented into three divisions: Pool Cleaning, Home Cleaning, and Gutter Cleaning.
The Residential Robotic Vacuum Cleaner market in Germany is witnessing a decrease in the price of residential robotic vacuum cleaners. German consumers are price sensitive and have revulsion when the prices are high. This has resulted in the decreasing prices of residential robotic vacuum cleaners. The vendors consider the market attractive because of the high demand. With many new players coming in, the competition is intensifying, consequently leading to price wars among the existing vendors.
According to the report, the Residential Robotic Vacuum Cleaner market in Germany is driven by many growth factors, one of which is the lifestyle changes and preferences. Busy lifestyles leading to a yearning of leisure time and reluctance to cleaning routines are driving the demand for robotic vacuum cleaners.
Further, the report states that the basic nature of residential cleaning routines is one of the major challenges. Cleaning a home can be done by simple and easily available materials, and basic household cleaning is a routine for the German people. This is a major barrier in the acceptance of robotic vacuum cleaners.
- BSH Bosch und Siemens Hausgeräte GmbH
- iRobot Corp.
- LG Electronics Inc.
- Samsung Electronics Co. Ltd.
- Techtronic Industries Co. Ltd.
The report also includes a discussion of the other vendors operating in this market. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
For more information visit http://www.researchandmarkets.com/research/pf4kdg/residential
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