Albany, NY -- (SBWIRE) -- 12/21/2018 -- On the back of surge in the embracement of automation in household applications globally, the market is set to register a compound annual growth rate (CAGR) of staggering 14.3% during the assessment period (2018-2026). Besides, owing to the advent of robotic technology and ever-increasing safety concern, the window cleaning robot market is projected to propel rapidly. These nuggets of information are in line with the report titled, "Window Cleaning Robot Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026," which has been latterly added to the repository of Market Research Hub (MRH). Furthermore, the window cleaning robot market is set to be bolstered by fan observation segment which is touted to reach a CAGR of 15% during the assessment period.
The plethora of benefits fan absorption based window cleaning robots provide such as secure, safe, efficient and apt manner are a few of the reasons for its dominance in the fan absorption segment. Moreover, the upsurge in the use of fan observation in sky scrapers is further estimated to fuel the demand for the segment.
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Meanwhile, soaring adoption of smart homes will accentuate the growth of residential segment during the forecast period. In addition, the lifestyle incorporating of comfort, ease and convenience have further expanded the footholds of the window cleaning robots in the residential sector.
Window Cleaning Robot Market: Report Synopsis
The report offers an in-depth assessment on the window cleaning robot market embodying drivers, restraints, opportunities, trends and technologies in the window cleaning robot market. The market has been fragmented on the basis of product type, application and region. With regards to product type, the market has analyzes vacuum suction and fan absorption. With respect to application, the market assesses commercial, residential and industrial sectors. Regionally, the report covers the U.S., Canada, The U.K, France, Germany, India, China, Japan, GCC countries, South Africa and Brazil.
The report does an exhaustive analysis of the prominent players operating in the market: Hobot Technology, Ecovacs Robotics Co. Ltd., Zhengzhou Bangmi Smart Technology Co. Ltd., Lishim, and Windomate, among others.
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Window Cleaning Robot Market: Research Methodology
The report has been prepared on account of rigorous and thorough research methodology. Secondary research incorporates annual reports, company websites, broker reports, financial reports, investers' presentation, SEC filings , regulatory database and relevant patent, market reports, national government's documents and Fativa, to name a few.
On the other hand, primary research covers face to face interview, e-mail interactions, telephonic interviews, category segment and sub-segment. The report is also based upon the Porters' Five Force analysis and SWOT analysis. Moreover, market attractiveness analysis has been done where the end-users are benchmarked on the basis of market size, growth rate and general attractiveness.
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