A cordless vacuum cleaner is a convenient and efficient household cleaning device designed to work without the need for electrical connections. The structure of a cordless vacuum cleaner usually includes parts such as an electric motor, filter, suction nozzle, battery, and container.

Overview of Market Development and Analysis of Segmented Markets

With the development of technology and the increasing demand for household cleaning from consumers, cordless vacuum cleaners have become an essential cleaning tool for many households, and their market has also shown a steady growth trend in recent years. According to our research data, the global cordless vacuum cleaner market revenue was $14.43 billion in 2023. In the coming years, with the further popularization of smart homes, the market demand for cordless vacuum cleaners is expected to further increase. It is expected that the global cordless vacuum cleaner market revenue will increase to $18.36 billion by 2028.

According to different functions, cordless vacuum cleaners can usually be divided into dry cordless vacuum cleaners, dry and wet cordless vacuum cleaners, and mite-removal cordless vacuum cleaners. Among them, dry cordless vacuum cleaners occupy the largest market share. According to different usage scenarios, cordless vacuum cleaners can be divided into two types: household and commercial. Among them, household cordless vacuum cleaners dominate the market.

Source: www.globalmarketmonitor.com

Analysis of Market Competitive Landscape

From the perspective of the competitive landscape, the concentration of the global cordless vacuum cleaner market is relatively low. According to our data, the total revenue of the cordless vacuum cleaner market for the top 3 companies in the industry in 2023 was $2780 million, with a total revenue share of 19.26%. The top three companies were Dyson, Gtech, and Bissell, with cordless vacuum cleaner market revenue accounting for 12.36%, 3.72%, and 3.18% of the global market in 2023.