Top Rated Vacuums by Leading Consumer Magazines.
Developments in HEPA Filtration Technology to Drive Global
Household Vacuum Cleaners Market to US $14.60 Billion by 2018:
Transparency Market Research
Transparency Market Research has published a new report "Household Vacuum Cleaners Market - Global
Industry Analysis, Size, Share And Forecasts 2012 - 2018" to its report store.
Albany, NY -- (SBWIRE) -- 07/24/2015 -- The global household vacuum cleaners market is expected to
grow at a CAGR of 4.9% from 2012 to 2018. The market's value by the end of this forecast period will be
US$14.60 billion. Transparency Market Research has published a research report about this market, titled
"Household Vacuum Cleaners Market - Global Industry Analysis, Size, Share And Forecasts 2012 - 2018".
The report aims to offer a clear picture of the global household vacuum cleaners market by providing
details on its key players, development in particular segments, and geographical distribution.
Browse The Market Research Report of Household Vacuum Cleaners Market
According to the report, the global household vacuum cleaners market is primarily driven by increasing
awareness amongst families about the benefits of using vacuum cleaners in place of traditional brooms or
other such equipment. This holds true particularly in the Asia Pacific region, which is primarily driving the
market.
Other major reasons for the market's growth are listed as increasing disposable incomes of families and
developments in creating energy-efficient and eco-friendly vacuum cleaners that can function well in
smaller apartments.
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More than 35% of the 2012 global household vacuum cleaners market was held by the canister vacuum
cleaner segment. This market share at the time was worth US$4.21 billion.
The fastest growing segment, however, is the robotic vacuum cleaners market, due to improvements and
innovations in features such as acoustic sensors, automated mapping abilities, self-charging cleaners, and
sweeping brushes.
There is a substantial push towards the creation of increasingly compact household vacuum cleaners that
are also eco-friendly. This need has been created by increasing costs of electricity and government
regulations that are aimed to reduce the noise made by vacuum cleaners.
The report describes the geographical segmentation of the global household vacuum cleaners market,
which shows the Asia Pacific region as the largest regional segment. The Asia Pacific region held nearly
30.5% of the 2012 global household vacuum cleaners market.
Browse Press Release of Household Vacuum Cleaners Market :
http://www.transparencymarketresearch.com/pressrelease/household-vacuum-cleaners-market.htm
Emerging nations such as Brazil, China, and India are beginning to reap the benefits of increasing
disposable incomes. This has also boosted sales in the global household vacuum cleaners market. The
market's growth in these countries is expected to be par excellence throughout the report's forecast period.
The global household vacuum cleaners market is a highly fragmented one. Most of the top global players
are currently looking to expand their market in developing regions. They are targeting countries from the
regions of Asia Pacific, Latin America, and the Middle East.
Dyson leads the global household vacuum cleaners market in the segment of vacuum cleaners that cost
more than US$200. Robotic vacuum cleaners are getting increasing preference in households in
developed countries due to their utility in today's busy lifestyle.
Many households are currently attempting to switch their old vacuum cleaners with new models that are
eco-friendly, consume less power, and make less noise.
The key players in the global household vacuum cleaners market as listed and discussed in the report
include TTI Floor Care, Bissell, Miele, and iRobot.
About Transparency Market Research
Transparency Market Research (TMR) is a global market intelligence company providing business
information reports and services. The company's exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of
analysts, researchers, and consultants use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR's data repository is continuously updated and revised by a team of research experts so that it always
reflects the latest trends and information. With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research techniques to develop distinctive data
sets and research material for business reports.