Floor cleaning is one of the major maintenance aspects of the commercial and industrial spaces. Failure in effective cleaning may result into various accidents leading to significant economic as well as personnel loss. In instances such as accidental spills and leakage, manual cleaning using conventional mops and rugs becomes unideal. Subsequently, cleaning equipment have emerged as a major part of the overall maintenance process of industrial and commercial applications. Floor scrubbers are cleaning equipment designed for easy and fast cleaning across different industrial as well as commercial applications. Industrial floor scrubbers are built to enable easy, safe, cost-effective and reliable cleaning operation.
The most prominent factor fueling the industrial floor scrubbers market is the consistently growing regulations for industrial and commercial cleanliness. Business organizations are now required to invest remarkably in cleaning equipment (such as floor scrubbers) so as to ensure effective floor cleaning. Additionally, floor scrubbers offer numerous advantages over conventional manual cleaning. For instance, these equipment require lesser number of personnel for floor cleaning. This eliminates the overheads required for deploying a team of human resources for cleaning operation. Moreover, floor scrubbers enable faster operation thereby saving time and increasing operational efficiency. Nevertheless, major factor restraining the market growth is the low awareness and high initial cost as compared to manual operation. In addition, growing trend of renting floor scrubbers is another factor hampering the sales of new equipment in the market.
The report titled “Global Industrial & Commercial Floor Scrubbers Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global industrial & commercial floor scrubbers market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on equipment type, industry vertical and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.
In order to help strategic decision makers, the report also includes competitive profiling of the leading industrial & commercial floor scrubbers vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are Alfred Karcher GmbH & Co. KG, iRobot Corporation, Ecovacs Robotics, Inc., HEFTER Cleantech GmbH, Bortek Industries, Inc., R.P.S. Corporation, Rotowash, Tennant Company, Hako Holding GmbH & Co. KG, Nilfisk-Advance, Inc., Wiese, Inc., Tornado Industries, Inc. and several others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global industrial & commercial floor scrubbers market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.
Based on the product types, the overall industrial & commercial floor scrubbers market is led by the walk-behind scrubbers segment. As of 2016, the segment contributes to nearly fifty percent of the total market revenue generated worldwide. These are among the oldest type of floor scrubbers and offer easy operation. Due to lower cost as compared to robotic floor scrubbers, the segment is set to continue witnessing robust growth over the forecast period. Subsequently, the walk-behind scrubbers segment would retain its dominant position in the market throughout the forecast period.
In the following years, the robotic scrubbers segment is set to demonstrate the highest growth over the forecast period. Continued improvement in the robotic scrubbers coupled with steadily declining prices are the prime factors boosting the segment growth. Additionally, with the overall growing adoption of automated solutions across different applications, the demand for robotic equipment is set to increase in the following years. This is another major factor expected to drive the segment growth.
The overall industrial & commercial floor scrubbers market across the globe is led by the North America region. In 2016, North America contributed to more than one third of the overall market revenue generated worldwide. The market here is principally governed by the U.S., accounting for more than eighty percent of the total regional revenue. The overall market here is primarily driven by the replacement demand and growing penetration of robotic industrial floor scrubbers.
Europe and Asia Pacific follow North America, in terms of revenue, in the overall industrial & commercial floor scrubbers market. The Asia Pacific market is governed by countries such as China, Japan, South Korea, India and some of the Southeast Asia countries. Consistently expanding industrial manufacturing sector here is projected to provide significant boost to the floor scrubbers market here. The region is set to demonstrate the highest growth in the following years.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Industrial & Commercial Floor Scrubbers market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Product
| |
Industry Vertical
| |
Region Segment (2022-2032; US$ Million)
|
Key questions answered in this report