Market Research Report China Vacuum Cleaner Market Size,China Vacuum Clea | Page 2

According to the market research report "China Vacuum Cleaner Market
Research Report Forecast 2017 to 2022", in 2016, the leading sales continue to
be Philips China. Philips is a multinational brand and it is highly well liked among
the locals as well as foreign consumers with a nationwide distribution. A large
product portfolio is marketed which ranges from mainstay cylinders to robotic
vacuum cleaner.
Residential robotic vacuum cleaner has become very popular in China. It is also
called Robovac that can function in a specific area without involvement of human.
It consists of a docking station, mobile part and other accessories to assist its
operations. It can clean floor, pools as well as gutters. Smart navigation, laser
vision, mapping, room memory, self-emptying function are some functions of
robotic vacuum cleaner.
Growing urbanization in china had led to increase in demand of appliances in the
market for easy homecleaning for a comfortable lifestyle, there is an increase in
expenses on household appliances and there is change in consumption pattern,
which has shown an increase in demand in vacuum cleaner in the market as well as
increase in market size. For the vacuum industry to grow there is a need for regular
development and innovation, keeping in mind the efficiency and environment
friendly provisions. Incorporation of smart technologies such as HEPA filters;
security camera, UV sterilization, etc. are the advancement in technology, in
vacuum cleaner.
There is increase in investment, which supports household vacuum cleaner
industry market growth, and this is only because of the improvement in the
standard of living in China. In addition, due to the increase in infrastructural and
development activities in China, the opportunistic landscape for the household
vacuum cleaners market is set to shoot higher trajectories.
There is concentrated competition between different brands in the market. In this
competitive scenario, the players invest immensely in R&D to maintain their
competitive edge. They always try to reduce their cost of the product, so that the
price offered to the consumers will be low in comparison to other brands, which
will help in increasing the sales of their company in the market. The major
participants in the market are TTI, iRobot, Dyson, Bissel, and Electrolux, LG,
Haier, Miele, etc.