Robotic Vacuum Cleaner Market Share, Growth, Trends, Business Opportunities & Future Investments 2025

Global robotic vacuum cleaner market is expected to grow at a significant CAGR of 17.19% in the upcoming period as the scope and its applications are rising enormously across the globe.

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27 June 2019 – Global Robotic Vacuum Cleaner Market is expected to grow at a significant CAGR of 17.19% in the upcoming period as the scope and its applications are rising enormously across the globe. A robotic vacuum cleaner is also termed, as “robovac” is a cleaning instrument that comprises excellent programming and a limited vacuum cleaning system.

The factors that are playing a major role in the growth of market are the growing demand from the end-users, the growing respiratory related diseases, and the presence of air filters like HEPA in robotic vacuum cleaners. However, the threat from substitutes may restrain overall market growth in the years to come. Market is segmented based on type, charging type, end-user, distribution channel, and region.

Robotic pool and floor vacuum cleaner are the types that could be explored in a robotic vacuum cleaner market in the forecast period. The robotic floor vacuum cleaner sector accounted for the substantial market share of the robotic vacuum cleaner and is estimated to lead the overall market in the years to come. The reason could the growing demand from end-users like residential and commercial users.

Robotic Vacuum Cleaner Market

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Based on the charging type, automatic charging and manual charging could classify robotic vacuum cleaner market in the forecast period. The manual charging sector accounted for the substantial market share of the robotic vacuum cleaner and is estimated to continue its dominance in the years to come. The reason could be the low cost of the product and its easy functioning. Also, the automatic charging sector is estimated to grow at the fastest pace in the years to come.

The market may be categorized based on end-users like commercial and residential consumers that could be explored in the forecast period. The commercial consumer’s sector comprises retail, hospitality, healthcare, offices, airports, educational institutes, and others. Residential sector accounted for the substantial market share of the robotic vacuum cleaner and is estimated to lead the overall market in the years to come.

Based on the distribution channel, retail sale, online channel, supermarket, and others could classify robotic vacuum cleaner in the forecast period. The online sector accounted for the significant market share of the robotic vacuum cleaner and is estimated to lead the overall market in the years to come. The reason could be ease of buying, availability of several varieties, and offers on the product.

Globally, North America accounted for the substantial market share of the robotic vacuum cleaner and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the rising need for large-scale replace of old-products with enhanced and high-tech vacuum cleaners. The United States is a major consumer of robotic vacuum cleaner in this region.

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Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of the robotic vacuum cleaner in this region.

The key players of the robotic vacuum cleaner market are ILIFE Robotics Technology, iRobot Corporation, Sharp Corporation, ECOVACS ROBOTICS, Haier Electronics Group Co Ltd, Neato Robotics, Hayward Industries Inc., Dyson Ltd., Miele & Cie. KG, Samsung Electronics Co. Ltd., Panasonic Corporation, Maytronics Ltd., LG Electronics Inc., Metapo, Inc., and Koninklijke Philips N.V. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Residual Current Monitoring System Market- Global Industry Survey, Outlook and Forecasts to 2025

Stringent implementation of different regulatory compliances by regional authorities is expected to force industries to adopt current monitoring system.

27 June 2019 – The Global Residual Current Monitoring System Market is expected to display higher growth rate over the next five years. Rapid surge in the market is credited to the rising demand from power generation sector. Stringent implementation of different regulatory compliances by regional authorities is expected to force industries to adopt current monitoring system. Globally, market is predicted to generate massive revenue over next five years, providing numerous opportunities for industry participants to invest in research and development of residual current monitoring system market.

Rising number of safety-related regulations is expected to compel businesses to constantly monitor electrical faults, thereby driving market growth. Increasing adoption of residual current monitoring system limits downtime during power transmission processes. Use of residual current monitoring system also results in decreased monetary loss and reduction in power generation cost. In addition, adoption of residual current monitoring system diminishes power interruption, which can cause malfunction of equipment.

Residual Current Monitoring System Market

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Growing adoption of residual current monitoring system not only limits the electrical faults but also enhances the maintenance procedure. Residual current monitoring system is critical for safety and fire protection. Residual current monitors are also adopted to limit fault currents or residual currents in earthed systems such as TN and TT systems. Residual current monitoring systems sends to operator even before attaining the shutdown threshold of the residual-current device. Residual current monitoring systems is highly reliable for detecting deteriorations of the insulation level at an initial stage.

Residual Current Monitoring System Breakdown Data by Type

  • Single-Channel
  • Multi-Channel

Residual Current Monitoring System Breakdown Data by Application

  • Power
  • Automotive
  • Metals
  • Mining
  • Others

Power generation segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of residual current monitoring system in power generation segment is attributed to the limiting downtime and reducing of fault occurrence.

The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in power generation sector, surge in number of research & development activities in the region and existence of well-established industrial infrastructure. In European region, Germany, France, and United Kingdom are projected to witness steady growth due the growing concerns regarding fire breakouts and growing implementation of regulatory compliance.

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Asia-Pacific region is estimated to hold a major share in the residual current monitoring system industry with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, favorable government policies regarding use of residual current monitor, technological advancement in power generation sector, rising awareness level among industry participants and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the residual current monitoring system market are ABB Group, Bender, Janitza electronics, Phoenix Contact LLC, Schneider Electric SE, and Siemens AG.

Managed Services Market Size, Share, Emerging Trends, Analysis and Forecasts 2018-2025

The global managed services market is estimated to develop at a substantial CAGR of 11.23% for the duration of the prediction.

27 June 2019 – The Global Managed Services Market is estimated to develop at a substantial CAGR of 11.23% for the duration of the prediction. The market on the source of Type of Positioning could span On Premises, Cloud Centered. The market on the source of Type of Organization could span Large Enterprises, Small & Medium Enterprises [SMEs].

Market segment by Type, the product can be split into

  • Managed Security Services
  • Managed Network Services
  • Managed Mobility Services
  • Managed Information Services
  • Managed Data Center Services
  • Managed Communication and Collaboration Services
  • Managed IT Infrastructure Services

The subdivision of Mobility was responsible for the biggest stake of the market, mainly owing to increasing ingestion in the presentations of production, reorganization of labor force and globalization of industry.

Managed Services Market

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Market segment by Application, Managed Services can be split into

  • Telecom and IT
  • BFSI
  • Retail
  • Media and Entertainment
  • Education
  • Healthcare
  • Others

IT & Telecom companies are fronting forceful rivalry and unceasingly stressed to preserve their present clienteles. The growing usage of smartphones and mobile data services has placed IT & telecom companies below the stress to continuously revolutionize their assistances of service and spread the possibility of their business prototypical. The enormous quantity of personal information, managed on smartphones. The increasing quantity of controlling agreements are compelling the IT and telecom businesses to stick to these guidelines. Therefore, the enterprises are moving in the direction of managed service suppliers to protect their information and manage the related hazards.

The managed services market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage for the duration of the prediction could span North America [U.S.A, Canada], Latin America [Brazil, Mexico, Rest of Latin America], Europe [France, Germany, U.K., Rest of Europe], Asia Pacific [Japan, China, Australia, and New Zealand, Rest of Asia Pacific], and Middle East & Africa [Saudi Arabia, UAE, South Africa, Rest of MEA].

By the source of geography, North America is projected to represent the major stake of the market during the current year. The area consists of technologically advanced nations, for example the U.S. A and Canada. Furthermore, North America displays a wide-ranging existence of important business performers proposing managed services and its economic situation allows it to capitalize majorly in the most important tools and expertise for the operative commercial processes. The Asia-Pacific is likely to develop above the prediction period, particularly in nations like India and China because they are capitalizing massive sum of currency to accept new-fangled skills for the administration of information.

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The statement revises Trades in terms of intake of managed services in the market; particularly in North America, Europe, Asia Pacific, Latin America Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Accenture PLC, Checkpoint Software Technologies Limited, Cisco Systems, Inc., AT&T Inc., IBM Corporation, Trust wave Holdings, Inc., Computer Science Corporation, Fortinet, Inc., Symantec Corporation, Intel Corporation, and others.

Ladder Market Share, Market Size, Market Trends and Analysis 2018-2025

Rapid surge in ladder market is credited to the growing demand from construction and manufacturing sector.

27 June 2019 – The Global Ladder Market is expected to display higher growth rate over the next five years. Rapid surge in ladder market is credited to the growing demand from construction and manufacturing sector. In addition, rising commercial and residential construction activities across the globe is expected to drive the growth of the market over the forecast period. Globally, market is predicted to generate massive revenue over next five years, providing numerous opportunities for industry participants to invest in research and development of ladder market.

Increasing infrastructural spending by local governments, particularly in developing economies, to promote tourism and meet public demands is expected to favor the market growth in upcoming years. Development of fiberglass ladders also termed as glass-reinforced plastic (GRP) ladders, offer light-weight solutions capable of holding large weights in comparison with traditional aluminum ladders. Fiberglass ladders are durable and consists of high tensile strength. Fiberglass ladders are suitable for multipurpose applications.

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Ladder Market

In addition, fiberglass ladders offer resistance to electricity as fiberglass is a good insulator of electricity. These factors are expected to fuel market demand for insulated ladders or fiberglass ladders over the forecast period. Increasing demand for industrial ladder due to the higher capacity and height is expected to favor industry expansion over the coming years as well. In addition, stringent government laws & reforms to ensure workers’ safety and to regulate maximum height of ladders, majorly in Asia Pacific and North America region is anticipated to fuel market growth over the forecast period.

Market segment by Type, the product can be split into

  • Metal Ladder
  • Wood Ladder
  • Fiberglass Ladder

Market segment by Application, Ladder can be split into

  • Domestic
  • Commercial
  • Industrial

Industrial ladder segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of industrial ladder segment is attributed to the higher capacity and broader size.

The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies, surge in number of research & development activities in the region and existence of well-established infrastructure. In European region, Germany, France, and United Kingdom are projected to witness steady growth due to the increasing adoption of ladders from commercial and industrial sector.

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Asia-Pacific region is estimated to hold a major share in the ladder market with massive growth in the forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rising construction activities, increasing disposable income, growing infrastructural spending by local governments to meet public demands, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the ladder market are Featherlite (Featherlite Ladders) Corp., Louisville Ladder, Inc., P.W. Platforms, Inc., TB Davies Cardiff Ltd., Werner Enterprises, Inc., Swastik Corp., Jumbor Industrial Co., Ltd., and Industrial Steps & Ladders Pty., Ltd.

Industrial Communication Cables Market: Opportunities and Forecast Assessment, 2019 – 2025

Development of high performance industrial communication cables is considered as a key aspect of modern production facilities, manufacturing processes and the industrial infrastructure.

27 June 2019 – The Global Industrial Communication Cables Market is expected to display higher growth rate over the next five years. Rapid surge in market is credited to the increasing demand for seamless data communication and growing adoption of automation technologies. Development of high performance industrial communication cables is considered as a key aspect of modern production facilities, manufacturing processes and the industrial infrastructure. Globally, market is predicted to generate massive revenue over next five years, providing numerous opportunities for industry participants to invest in research and development of industrial communication cable market.

The industrial communication cables is capable of delivering high-speed data transmission. Industrial communication cables offer numerous over traditional wired infrastructure such as ordinary communication cables. Application of industrial communication cables include signal transmission, communications, instrumentation & control, single ended transmitters and multi-point network access. Industrial communication cables are used along with various transmission devices, converters & repeaters.

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Industrial Communication Cables Market

Industrial communication cables consists of in-built modem, which enables internet access on multiple connected devices. The voltage is supplied to the communication cables to transmit broadband signals is dropped at medium range with help of head end device in order to improve internet connectivity. As the voltage is dropped at medium range, the signal starts to degrade. To avoid such problem, repeaters are used to amplify the modulated signal, so it reaches the destination in a healthy condition. This provides higher data transfer rate and smoother transmission.

Market segment by Type, the product can be split into

  • Copper
  • Aluminum
  • Aluminum Alloy

Market segment by Application, split into

  • Process Industries
  • Discrete Industries

Process industries segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of industrial communication cables in process industries segment is attributed to implementation of advanced communication protocols and low cost solutions.

Market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in communication sector, surge in number of research & development activities in the region and existence of well-established manufacturing infrastructure. In European region, Germany, France, and United Kingdom are projected to witness steady growth due to the rising demand from various end-use industries such as utilities, oil & gas industry and aerospace sector.

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Asia-Pacific region is estimated to hold a major share in the industrial communication cables market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rapid industrialization, increasing need for high-speed data transmission, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the industrial communication cables market are Advantech Co., Ltd., Anixter International, Inc., General Cable Technologies Corp., Hitachi Ltd., Nexans S.A., and Belden India Pvt., Ltd.

Sponge and Scouring Pads Market In-Depth Analysis & Market Growth, 2018-2025

Increasing demand for non-scratch scrubbing pads and sponges is credited to rise in number of domestic application involving cleaning non-stick cookware and utensils.

25 June 2019 – The Global Sponge and Scouring Pads Market is expected to display higher growth rate over the next five years. Rapid surge in sponge and scouring pads market is credited to the rising consumer base and increasing per capita income in developed as well as underdeveloped economies across the globe. Increasing number of distribution online and offline channels coupled with aggressive marketing strategies adopted by industry participants are expected to foster the growth of sponge and scouring pads industry over the forecast period. Globally, market is predicted to generate massive revenue over next five years, providing numerous opportunities for industry participants to invest in research and development of the sponge and scouring pads market.

Increasing demand for non-scratch scrubbing pads and sponges is credited to rise in number of domestic application involving cleaning non-stick cookware and utensils. The non-scratch scrubbing pads and sponges are capable of removing abrasive materials in one or two washes, leaving glass surface, cookware and fragile crockery items clean and without strains. The non-scratch scrubbing pads and sponges are also used for cleaning a microwave oven, tiles, sinks, and showers. In addition, growing use of sponge and scouring pads in the service management sector and food service sector is expected to favor market growth over the forecast period. The sponge and scouring pads are also used for cleaning glass windowpanes and glass walls.

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Sponge and Scouring Pads Market

Availability of range of products in market is one of the key trends that is significantly contributing to industry growth, in the past few years. Different types of sponge and scouring pads include multi-use scrub sponges, heavy-duty scrub sponge, microfiber magic sponge and ultra-microfiber miracle sponge.

Market Size Split by Type

  • Reusable
  • Disposable Use

Market Size Split by Application

  • Residential
  • Non-residential

Residential segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of sponge and scouring pads in residential segment is attributed to the rise in number of concerns related to personal health hygiene. The non-residential segment has also witnessed substantial growth owing to the increasing demand from food service sector.

The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in manufacturing sector, surge in number of research & development activities in the region and existence of well-established industrial infrastructure. In European region, Germany, France, and United Kingdom are projected to witness steady growth due to the rapid growth in food service sector and rising number of restaurants, hotels and food joints.

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Asia-Pacific region is estimated to hold major share in the sponge and scouring pads industry with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising per capita income, improved living standards, growing concerns related to health hygiene among general population, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the sponge and scouring pads market are The 3M Company, Arix BIscience plc, Armaly Brands LLC, Procter & Gamble Corp., The Clorox Company, Vileda, Inc., and Brabantia Co.

Solar Microinverter Market Upcoming Trends, Growth Drivers and Challenges, 2025

Energy is an indispensable part of daily life and majorly consumed in form of lighting, heating, and cooling activities. 

25 June 2019 – The Global Solar Microinverter Market is anticipated to rise at a significant CAGR of 15.54% during the forecast period. Energy is an indispensable part of daily life and majorly consumed in form of lighting, heating, and cooling activities. The entire lot of activities depends upon energy that constitute an integral part of life and it is a vital tool for country’s overall development.

Energy supply from renewable sources form an essential part of energy distribution, particularly when there are issues pertaining to sustainable environment. In this regard, micro inverters are of great help. Traditional solar systems comprise a single inverter and in case of any failure of inverter, there remains no backup of energy transfer. Therefore, micro inverters are an alternate energy source.

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Solar Microinverter Market

Solar micro inverter market is driven by constant R&D activities and significant reduction in costs and expenses of micro inverters. The solar micro inverter market also receives a great booster due to its compact size and versatility. Robust features of solar microinverter supplement the market growth during the forecast period. Significant costs of installation and replacements hinder the market growth during the forecast period.

Geographically, solar microinverter market is segmented as North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are likely to enjoy renewable energy sources and rise in benefits of micro inverters coupled with a higher preference for renewable energy sources.

Japan is at the forefront with tremendous potential for micro inverter technologies. Stringent norms for environment and consumer awareness is likely to boost the Japan market during the forecast period. North American and European markets are expected to display robust growth during the forecast period; thanks to government policies and norms. Effective mergers and acquisitions among key players are likely to boost the market growth in the forecast period. Key players in the solar microinverter industry report are Solar Bridge Technologues, Green Ray Solar, Enecsys and Enphase Energy.

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Solar Microinverter Breakdown Data by Type

  • Grid-Connected Solar Microinverter
  • Grid-Off Solar Microinverter

Solar Microinverter Breakdown Data by Application

  • Residential
  • Commercial
  • Other