Global Robotic Window Cleaners Market 2018-2022
About Robotic Window Cleaners
The global robotic window cleaners market derives most its sales from the offline channel of distribution through physical retail formats such as specialty stores and online channel of distribution that includes online sales websites of market vendors. In 2017, the offline channel of distribution garnered 92.08% of the total market, with a major contribution from specialty stores. The online sales channel earned a total of 7.92% of global revenue in the same year. With increasing Internet penetration, digital marketing, and promotional campaigns the online distribution channel is estimated to a gain growth momentum during the forecast period.
Technavio’s analysts forecast the global robotic window cleaners market to grow at a CAGR of 17.59% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global robotic window cleaners market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Robotic Window Cleaners Market 2018-2022
Technavio recognizes the following companies as the key players in the global robotic window cleaners market: Cop Rose, ECOVACS, EZ ELECTRONICS, and HOBOT.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for industrial automation. The industry is growing with the inception of several catalytic factors, with automation being one of the key aspects. Automation has brought about a revolutionary change in several industries in multiple regions. Currently, the demand for industrial automation is high because automation offers process optimization, efficiency, and accuracy. This parameter is responsible for continuous research and development activities in industrial automation equipment and devices.”
According to the report, one driver in the market is innovation and portfolio extension. Innovation and differentiation play key roles in gaining customer attention in the robotic window cleaners market. Advanced technical fabrications, creative product designs, and product development result in the premium pricing of robotic window cleaners. The rise in commercial complexes, residential buildings, and office space is leading to the increased utility of the products. The increasing adoption of products is attributed to expanding geographies of vendors, aggressive marketing and promotional campaigns, and growing consumer awareness.
Cop Rose, ECOVACS, EZ ELECTRONICS, and HOBOT.
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