Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Stock Market»Dreame Technology moves nimbly to expand overseas
    Stock Market

    Dreame Technology moves nimbly to expand overseas

    October 22, 20254 Mins Read


    An employee of Dreame Technology showcases a vacuum cleaner during the 58th Home China Expo in Shanghai on March 16. [Photo provided to China Daily]

    Chinese smart home appliance maker Dreame Technology is stepping up efforts to expand its global presence, pouring significant investment into research and development and driving technological innovation based on user demand.

    Yu Hao, founder and CEO of Dreame Technology, highlighted the importance of strengthening investment in supply chain infrastructure, developing independent production capabilities across the entire industrial chain and establishing a global retail network.

    He said the company”s revenue has grown at a compound annual rate surpassing 100 percent over the past few years, and it plans to further expand its presence in overseas markets and attract top talent from around the world.

    The company is intensifying its localization strategy by introducing customized products designed to suit the usage habits and application scenarios of consumers in various countries.

    Meanwhile, it has expanded both its online and offline sales channels, such as emerging e-commerce platforms, and adopted differentiated marketing strategies, Yu added.

    The company’s products are now available in more than 100 countries and regions, including Europe, North America, Southeast Asia, East Asia, the Middle East, Africa and South America, with international sales contributing 65 percent of total revenue in 2024.

    Its global sales of robotic vacuum cleaners and floor-cleaning machines increased by 178 percent and 100 percent year-on-year, respectively, from January to May, ranking first in 18 countries and regions around the world.

    In the first half of 2024, its gross merchandise value in Southeast Asia jumped by more than 150 percent year-on-year, while sales in Japan, South Korea and Australia soared 292 percent year-on-year during the same period.

    Moreover, as of end-June, Dreame had filed 6,379 patent applications worldwide, with 3,155 patents granted. Invention patents accounted for 45 percent of the total.

    “China’s cleaning appliances sector is projected to experience rapid growth driven by technological advancements, continuous product innovation, and the gradual unlocking of immense consumer demand in smaller cities,” said Zhao Meimei, assistant president of Beijing-based market consultancy All View Cloud, which specializes in home appliances.

    It is vital for Chinese household appliance makers to seek overseas expansion for new profit growth points and long-term development as the domestic market approaches saturation, Zhao said.

    Developing a robust global industrial chain and strengthening operational capabilities abroad will enable Chinese companies to better leverage international resources and enhance management efficiency, she added.

    Zhao also emphasized China’s growing influence in global manufacturing, noting that the country is now the world’s largest manufacturing hub with a fully developed industrial chain.

    “Globalization presents both opportunities and challenges for Chinese home appliance manufacturers,” she said, highlighting that it will ultimately drive the sector toward high-quality transformation and upgrading.

    A report from All View Cloud revealed that the penetration rates of robotic vacuum cleaners and floor-cleaning machines in China have reached 5.5 percent and 3.1 percent, respectively.

    Boosted by China’s consumer goods trade-in program, online sales of robotic vacuum cleaners surged 45.5 percent year-on-year in the first half, reflecting consumers’ growing interest in robotic vacuum cleaners and sweeping robots, the consultancy said.

    According to the report, Chinese-made robotic vacuum cleaners are becoming increasingly popular among overseas buyers, particularly in Germany, the United States, Japan and Australia.

    According to market consultancy IDC, global shipments of smart home cleaning robots are expected to reach 32.1 million units in 2025, representing a 28.2 percent year-on-year increase. The compound annual growth rate is projected to hit 26 percent by 2028.

    Chen Hui, general manager of AVC Revo, said since the start of trade tensions between China and the United States, Chinese home appliance manufacturers have been expanding their overseas production capacity and optimizing their global presence to offset the impact of tariff barriers and lower operational costs.

    He added that setting up global R&D centers will enable Chinese companies to strengthen their innovation capabilities, master cutting-edge technologies and gain greater influence amid intensifying international competition.

    Liang Zhenpeng, an independent consumer electronics analyst, said overseas consumers are increasingly seeking diverse, personalized and customized Chinese-made home appliances, showing strong interest in intelligent and high quality products.

    He emphasized that Chinese home appliance companies should prioritize R&D, invest more in technological innovation and enhance product features to meet the diversified demands of international buyers.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Stock market today: Dow, S&P 500, Nasdaq retreat as tech leads market lower, banks slide after earnings – Yahoo Finance

    Stock Market

    Stock Markets in 2025: Year of the Reboot

    Stock Market

    6 Ultra-High-Yield Dividend Stocks for Safe Income in 2026 and Beyond

    Stock Market

    Dow, S&P 500, Nasdaq Rise; Nike, DJT, Oracle, Nvidia, Tilray, More Movers

    Stock Market

    How five global cities set the pace for technology in 2025

    Stock Market

    Understanding Proprietary Technology: Types, Benefits, and Examples

    Stock Market
    Leave A Reply Cancel Reply

    Top Picks
    Fintech

    Ebix, 1SilverBullet launch plug-and-play connector platform for InsurTech and FinTech

    Property

    Peach Property engrange environ 50 millions de francs

    Commodities

    Youppi! et METAL! visitent le Comiccon de Montréal 2025

    Editors Picks

    Ivanhoe Electric Secures 100% Ownership of Mineral Rights at its Santa Cruz Copper Project with Final Option Payment

    August 13, 2024

    3 High-Quality Dividend Stocks Yielding 3.6%

    August 27, 2025

    MTC just awarded $2.6M in investments; three KC tech startups earn state backing

    August 6, 2024

    UI Athletics hopes new metal detectors at Kinnick will speed up fan entry

    August 29, 2024
    What's Hot

    23,000 energy customers switched to new supplier after firm goes bust

    November 10, 2025

    ANZ tips iron ore above $US100, defying CBA and Westpac’s concerns about China’s steel market

    August 17, 2025

    MCX launches options contracts for liquid gold and silver futures. Check trading period, expiry day and calendar details

    October 26, 2025
    Our Picks

    These 3 high-yielding FTSE 100 shares go ex-dividend soon

    September 4, 2025

    GMO Payment Gateway, Inc. Invests USD 3 Million in Helicap’s Flagship Credit Fund to Drive Growth of FinTech in Southeast Asia

    October 11, 2024

    Little-known scheme could slash over £230 from your energy bill in minutes with no effort this winter

    December 19, 2025
    Weekly Top

    India, EU conclude negotiations on financial services to boost digital payments, fintech

    January 28, 2026

    Here’s How The Biggest Players Moved The Commercial Real Estate Market In 2025

    January 28, 2026

    Property tech firm extends footprint with takeover

    January 28, 2026
    Editor's Pick

    Mahoning County, Ohio Real estate tax bills have been mailed; due date approaching

    July 19, 2024

    Energy bills to dip in January but bills could rise by £75 just three months later

    November 18, 2025

    Leveraging VPPs to Prepare Utilities for Extreme Weather

    March 5, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.