Electric Brooms Market - Recent Developments in the Market's Competitive Landscape
Electric brooms have been gaining significant traction on the back of their growing use in facilities including schools, hospitals, offices, and homes. All these trends are expected to unlock substantial business opportunities for the global electric brooms market in the upcoming years. This rising adoption is heavily influenced by key factors such as an uptick in disposable income, improving living standards, and a rise in the number of working individuals.
In addition to this, the integration of sophisticated technologies such as automatic cleaning equipment, and the internet of things (IoT), in such brooms, has significantly contributed to its increased prominence. Besides this, the long-battery life of electric brooms has made them even more attractive among consumers. Witnessing such demand, key industry participants in the electric brooms market are forging strategic partnerships and launching innovative products.
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Rise in Geriatric Population to Unlock New Growth Opportunities for Electric Brooms Market
Chronic and bone-related diseases are quite common in the geriatric population. Due to this, they often suffer from age-related fatigue caused by a lack of personal care assistance. Aged individuals, therefore, prefer efficient home appliances. Against this backdrop, cleaning equipment such as electric brooms requires minimum effort, are witnessing robust adoption.
Electric brooms are easy-to-operate, offer great flexibility, and need low power consumption. As a result of this, the sales of electric brooms have increased and it is getting preferred over traditional brooms. Therefore, over the forecast period, the growing ageing population is projected to create strong headways in the global electric brooms market.
Paced Demand for Electric Brooms in Residential Areas to Create Positive Market Dynamics
In the aftermath of the pandemic, the remote and hybrid trends are creating waves in the corporate world. Such shifts have brought with them the need for timely handling of everyday household chores, resulting in the adoption of electric brooms. Apart from this, the growing incidence of asthma and allergies caused by dust and grimes, has amplified the demand for electric brooms in the residential sector. This is because electric brooms consist of dirt pans and brush pads that capture the tiniest contaminants. The global electric brooms market hence is expected to experience robust expansion on the back of electric broom’s burgeoning residential sales.
Asia Pacific to Fortify Itself as Key Region Amid Increase in Number of Robot Manufacturers
Asia Pacific is projected to hold a lion’s share in the global electric brooms market. The presence of regional enterprises, wide availability of low-cost products, and the high-spending power of customers are major drivers of the regional market. The ongoing electrification of rural areas in developing economies such as India is further improving the growth prospects of the regional market. The launch and rapid adoption of revolutionary technologies in Japan is also playing an eminent role in the expansion of Asia Pacific’s electric brooms market.
Prominent Market Players
Some of the major players in the electric brooms market include SharkNinja Operating LLC, Makita Power Tools, Alfred Kärcher SE & Co. KG, DIYA ENTERPRISE, Dyson Ltd., Viomi Technology Co., Ltd, The Hoover Company, Bissell Inc., Tineco Ltd., and Fuller Brush Company.
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