In 2022, the global economy was continuously affected by factors such as the COVID-19 pandemic and the Russia-Ukraine war. The decline in shopping willingness among end consumers led to insufficient overall consumer power, causing a certain degree of contraction in the demand for household vacuum cleaners. Sales volume dropped from 150 million units in 2021 to 147 million units. In 2023, with the gradual recovery of the market economy and the stabilization of international situations, consumer demand for household cleaning appliances will increase, and global sales volume of household vacuum cleaners can gradually return to normal levels, expected to reach 151 million units. It is predicted that market sales volume will maintain a stable growth trend over the next five years; by 2027, it is estimated that global sales volume of household vacuum cleaners could grow to 171 million units.
The overall sales volume of micro-specialized motors for household vacuum cleaners is almost directly proportional to the sales volume of downstream vacuum cleaners, and the number of motors installed on different types of household vacuum cleaners also varies. Frost & Sullivan has long been monitoring the market for micro-specialized motors for household vacuum cleaners and hereby releases the '2023 Global Overview of Micro-specialized Motors for Household Vacuum Cleaners'.
