Growth forecast report “ Cordless Vacuum Cleaner Market size by Product Type (Cordless Stick, Cordless Handheld and Hybrid Options), By Application (Household and Commercial), By Region Outlook (United States, China, Europe, Japan, Southeast Asia & India), Top Manufacturer, Growth Potential, Price Trends, Competitive Market Share & Forecast 2019-2025 added by Market Study Report LLC.
Selbyville, DE -- (SBWIRE) -- 05/02/2019 -- The global Cordless Vacuum Cleaner market is valued at 2010 million US$ in 2018 and will reach 5040 million US$ by the end of 2025, growing at a CAGR of 12.2% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Cordless Vacuum Cleaner market based on company, product type, end user and key regions.
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A vacuum cleaner is a device that uses an air pump to create a partial vacuum to suck up dust and dirt, usually from floors, and from other surfaces such as upholstery and draperies. The dirt is collected by either a dust bag or a cyclone for later disposal. Vacuum cleaners, which are used in homes as well as in industry, exist in a variety of sizes and models?small battery-powered hand-held devices, wheeled canister models for home use, domestic central vacuum cleaners, huge stationary industrial appliances that can handle several hundred litres of dust before being emptied, and self-propelled vacuum trucks for recovery of large spills or removal of contaminated soil. Specialized shop vacuums can be used to suck up both dust and liquids.
Based on end-use market, residential segment dominated the market during 2017, with a market share of over 88.13%, with the rise in disposable income and rising health awareness, improved standards of living. Growing sales is also seen in commercial use sector, such as offices, hotels, restaurants and etc.
In terms of percentage share contribution by product category, the hybrid cordless vacuum cleaner segment is expected to account for 80.56% by 2023, emerging as the leading segment by value. The growing market for cordless vacuum cleaners has also attracted new entrants with customized products and improved features. Existing vendors are also striving to expand their product portfolio, to have a better reach of the market.
Currently, the cordless vacuum cleaner consumption market is mainly concentrated in Europe and North America. China is major production base for cordless vacuum cleaner products, well-known foreign brands have set up joint ventures in China or looking for OEM and ODM partners. In 2017, North America totally occupied global 41.94% market consumption share, with about 5866.1 K Units sold, which is forecast to reach 9483.8 K Units in 2023, with a growth rate of 11.38%.
How extensively has the industry been segmented in terms of the product and application landscapes?
The report encompasses a generic outline of the Cordless Vacuum Cleaner market with respect to the product types as well as applications.
The product landscape, as claimed by the report, is classified into the type such as Cordless Stick, Cordless Handheld and Hybrid Options.
The report not only features extensive information with respect to the valuation held by every product, but also elaborates on the price models and the production volume.
Considering the application terrain, the report effectively categorizes the same into Household and Commercial.
The study delivers expansive details regarding the segment, particularly focusing on the product consumption with respect to every application sector.
Also, the remuneration accrued by every application segment has been provided in the report, alongside the consumption market share.
Not to mention, the consumption growth rate of every application has also been provided, enabling the consumer to better understand the growth path of the application in question.
The competitive spectrum holds a pivotal position in the Cordless Vacuum Cleaner market, given that it is bound to help emerging entrants and prospective shareholders decide on the possibilities of penetrating the industry at the opportune time. The details of the competitive landscape outlined in this report are likely to provide an analysis of the prominent industry vendors, their growth profiles, strategies and tactics, etc., that would help investors in decision-making.
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As per the report, the Cordless Vacuum Cleaner market is segmented into Bissell, Stanley Black & Decker, TTI, Dyson, GlenDimplex, Bosch, Philips, Electrolux, Gtech, SharkNinja and Puppyoo with respect to the competitive spectrum. The study includes elaborate details regarding these companies, including the market share that each firm accounts for in the industry and the production capacity.
Some other pivotal details include a brief overview of the firm – generic outline, product description, present valuation and standing in the industry, etc.
A detailed cover-up of the regional landscapes of the Cordless Vacuum Cleaner market:
The study extensively elaborates on the geographical expanse of the Cordless Vacuum Cleaner market, spanning zones such as United States, China, Europe, Japan, Southeast Asia & India.
The market share that each region holds, alongside the growth prospects of the region, in consort with the growth rate that every topography is projected to register over the forecast period have been delivered in the Cordless Vacuum Cleaner market report.
Table of Contents:
2 Executive Summary
2.1 Global Cordless Vacuum Cleaner Market Size
2.1.1 Global Cordless Vacuum Cleaner Revenue 2014-2025
2.1.2 Global Cordless Vacuum Cleaner Sales 2014-2025
2.2 Cordless Vacuum Cleaner Growth Rate by Regions
2.2.1 Global Cordless Vacuum Cleaner Sales by Regions
2.2.2 Global Cordless Vacuum Cleaner Revenue by Regions
3 Breakdown Data by Manufacturers
3.1 Cordless Vacuum Cleaner Sales by Manufacturers
3.1.1 Cordless Vacuum Cleaner Sales by Manufacturers
3.1.2 Cordless Vacuum Cleaner Sales Market Share by Manufacturers
3.1.3 Global Cordless Vacuum Cleaner Market Concentration Ratio (CR5 and HHI)
3.2 Cordless Vacuum Cleaner Revenue by Manufacturers
3.2.1 Cordless Vacuum Cleaner Revenue by Manufacturers (2014-2019)
3.2.2 Cordless Vacuum Cleaner Revenue Share by Manufacturers (2014-2019)
3.3 Cordless Vacuum Cleaner Price by Manufacturers
3.4 Cordless Vacuum Cleaner Manufacturing Base Distribution, Product Types
3.4.1 Cordless Vacuum Cleaner Manufacturers Manufacturing Base Distribution, Headquarters
3.4.2 Manufacturers Cordless Vacuum Cleaner Product Type
3.4.3 Date of International Manufacturers Enter into Cordless Vacuum Cleaner Market
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Cordless Vacuum Cleaner Sales by Product
4.2 Global Cordless Vacuum Cleaner Revenue by Product
4.3 Cordless Vacuum Cleaner Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Cordless Vacuum Cleaner Breakdown Data by End User
6 North America
6.1 North America Cordless Vacuum Cleaner by Countries
6.1.1 North America Cordless Vacuum Cleaner Sales by Countries
6.1.2 North America Cordless Vacuum Cleaner Revenue by Countries
6.1.3 United States
6.1.4 Canada
6.1.5 Mexico
6.2 North America Cordless Vacuum Cleaner by Product
6.3 North America Cordless Vacuum Cleaner by End User
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