Press release
Floor Care Machines: Scrubbers to Hold About One-Third Revenue Share of the Global Market and Remain Dominant Machine Type Through 2025
Following assumptions have been used while examining the global floor care machine market for the assessment period 2017-2025.
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Average Selling Price (ASP) has been considered to determine market values; the ASP has been arrived at from data collected from various primary and secondary resources including trade websites, company quotations, and primary interviews with manufacturers and end customers
As significant variations have been found in the pricing data collected from various participants, based on the machine type, size, and quality, statistical mode range of the responses has been considered for pricing calculation, and an attempt has been made to represent an appropriate average regional price
Top-down approach has been used to obtain market numbers. Bottom-up approach has been used to counter-validate the market estimations
All values for market size are presented in US$ (US Dollar) and sources such as World Bank, IMF, IMO, UNCTDA, OECD, companies annual and financial reports, primary respondents inputs, and others are used to make this report a comprehensive one
Market projections are based on the aforementioned factors, expert interviews, and a qualitative assessment of market dynamics
Ranking beside each market table is based on descending order of CAGR for the respective segment from 2017-2025
Through extensive research, our analysts have studied how the different market dynamics are likely to impact the current and future scenario of the global floor care machine market, thereby providing useful insights to market players to plan their differentiating strategies capable of evolving with the changing market landscape. We have analyzed the key trends, drivers, restraints and opportunities while studying this market. Impact analysis of key growth drivers and restraints based on the weighted average model are included in the report to better equip and arm clients with crystal-clear decision-making insights. This report provides historical data for 2012-2016 along with a detailed forecast from 2017 to 2027 in terms of revenue (US dollar) and volume. The report comprises the study of current issues with end users and opportunities for manufacturers of floor care machines. The study also includes detailed pricing analysis of floor care machines and a detailed value chain analysis of the global floor care machine market.
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Our unique style of describing this report
In order to provide a comprehensive view of the market, we have included detailed competitiveness analysis and details of company players with unique selling propositions. The dashboard provides a detailed comparison of floor care machines manufacturers on parameters such as operating margin, unique selling proposition, collective market share, and geographic concentration. The study encompasses market attractiveness analysis of various segments of the global floor care machine market.
The report includes the consumption data as well as the revenue generated from the sales of floor care machines in all regions and important countries within these regions. GDP growth, industry growth, and top 10 market companies growth has been closely studied to arrive at a comprehensive market forecast. Apart from value chain analysis, profitability margins, cost influencing factors, pricing trends and factors influencing the sales of floor care machines have also been included in this report.
Market Segmentation
Based on Machine Type
Busrnisher
Scrubber
Sweeper
Filter & Vacuum Cleaner
Specialty Cleaning Equipment (Cleaning Dryer, Extractor, etc.)
Based on Application
Residential
Commercial
Industrial
Manufacturing
Oil and Gas
Pharmaceutical
Other
Based on Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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Our research methodology
A number of primary and secondary sources have been consulted during the course of the study. Secondary sources include IMF, World Bank, and Hoovers, companies annual reports and publications. The market numbers have been estimated based on average consumption and weighted average pricing of floor care machines by machine type and the revenue is derived through regional pricing trends. Market size and forecast for each segment has been provided in the context of global and regional markets. The global floor care machine market has been analyzed based on expected demand in the global market. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional floor care machines manufacturers, suppliers, and distributors.
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