The Development Prospect of Cleaning Robot in Chinese Market in the Next Ten Years

DOI

10.2991/aebmr.k.220307.176How to use a DOI?

Keywords

Cleaning Robot; New Productse; Purchase rule; Bass model; business analysis

Abstract

The accelerating social pace of development has greatly occupied the disposable time of Chinese women at home. As a new type of household cleaning equipment, sweeping robot is gradually needed by more and more families. This paper first expounds on the pressure of modern women’s lives and the great impact of cleaning robots born in the technological environment on people’s lives. Based on the analysis of the cleaning robots sales in China in the past eight years, the author predicts the sales situation of cleaning robots in China in the next ten years and analyzes the market purchasing rules of this new product. In this paper, the Bass diffusion model is mainly used for prediction, and appropriate nonlinear regression is used to estimate the parameters. The forecast results indicate that the market share of Cleaning robots in China will further expand in the next decade and reach a peak in 2023. Finally, the author combines the development trend of China’s leading cleaning robot enterprises with the parameters of the Bass model and further analyzes the industry’s future development trend.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Siwei Zhang
PY  - 2022
DA  - 2022/03/26
TI  - The Development Prospect of Cleaning Robot in Chinese Market in the Next Ten Years
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1068
EP  - 1073
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.176
DO  - 10.2991/aebmr.k.220307.176
ID  - Zhang2022
ER  -