Pune, India -- (SBWIRE) -- 02/13/2019 -- MarketResearchNest.com adds "Global Cordless Vacuum Cleaner Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024"new report to its research database. The report spread across in a 118 pages with table and figures in it.
This report studies the Cordless Vacuum Cleaner market. 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 modelsâ€"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.
Scope of the Report:
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 2024, 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 2024, with a growth rate of 11.38%.
The worldwide market for Cordless Vacuum Cleaner is expected to grow at a CAGR of roughly 13.3% over the next five years, will reach 4250 million US$ in 2024, from 2010 million US$ in 2019, according to a new GIR (Global Info Research) study.
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Market Segment by Manufacturers, this report covers
Stanley Black and Decker
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
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There are 15 Chapters to deeply display the global Cordless Vacuum Cleaner market.
Chapter 1, to describe Cordless Vacuum Cleaner Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Cordless Vacuum Cleaner, with sales, revenue, and price of Cordless Vacuum Cleaner, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Cordless Vacuum Cleaner, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Cordless Vacuum Cleaner market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024;
Chapter 13, 14 and 15, to describe Cordless Vacuum Cleaner sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Reasons for Buying this Report:
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a technological growth map over time to understand the industry growth rate
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments.
The research provides answers to the following key questions:
What will be the market size and the growth rate in 2024?
What are the key factors driving the Global Cordless Vacuum Cleaner Market?
Who are the key market players and what are their strategies in the Global Cordless Vacuum Cleaner Market?
What are the key market trends impacting the growth of the Global Cordless Vacuum Cleaner Market?
What trends, challenges and barriers are influencing its growth?
What are the market opportunities and threats faced by the vendors in the Global Cordless Vacuum Cleaner Market?
What are the key outcomes of the five forces analysis of the Global Cordless Vacuum Cleaner Market?
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