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Research Statistics: Residential Robotic Vacuum Cleaner Industry in South Korea Depicted to Grow at a CAGR of 18.24% over the Period 2015-2019

A robotic vacuum cleaner, also called a robovac, is used to clean floors, gutters, and pools and has the ability to function without human intervention within a defined area. It consists of a mobile base, a docking station, and other accessories that support its smooth functioning.


Albany, NY -- (SBWIRE) -- 09/22/2015 -- It is autonomous to a high degree and uses intelligent sensory feedback control that is programmed to clean surfaces automatically. A robovac has additional features such as smart navigation, laser vision, room memory, mapping, and a self-emptying function, thus enabling increased efficiency and performance. In addition, it has in-built ledge sensors that allow smoother maneuverability. Residential robotic vacuum cleaners assist in cleaning and ease household chores.

The Residential Robotic Vacuum Cleaner Market in South Korea to grow at a CAGR of 18.24% over the period 2014-2019. The report covers the current scenario and the growth prospects of the residential robotic vacuum cleaner market in South Korea for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sales of the following types of robotic vacuum cleaners:
Home cleaning
Pool cleaning
Gutter cleaning

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Technavio's report, Residential Robotic Vacuum Cleaner Market in South Korea 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the residential robotic vacuum cleaner market in South Korea and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
Yujin Robot

Other prominent vendors
Hanool Robotics
Neato Robotics

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Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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