Industrial Vacuum Cleaner Market to Grow at a 4.88% CAGR by 2023

Global Industrial Vacuum Cleaner Market 2023 Research Report provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. The industrial vacuum cleaner market was valued at USD 515.2 million in 2017 and is expected to reach USD 681.3 million by 2023, at a CAGR of 4.88% during the forecast period.

Download Brochure of Industrial Vacuum Cleaner Market spread across 138 Pages, Profiling Companies and Supported with Tables and Figures is now available at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1778132

Alfred Kaercher GmbH & Co. KG (Germany), Nilfisk A/S (Denmark), and Tennant Company (US) are a few major players in the market. Moreover, other players such Comac SpA (Italy), Nederman Holding AB (Sweden), Suiden Co.,Ltd. (Japan), Hako GmbH (Germany), Diversey, Inc (Tasky) (US), Numatic International Ltd. (UK), Delfin Industrial Vacuums (Italy), Ruwac Industrie sauger GmbH (Germany), Kraenzle (Germany), Debus GmbH (Germany), RGS Vacuum System (Italy), and Depureco Industrial Vacuums (Italy) play a significant role in the industrial vacuum cleaner market.

The industrial vacuum cleaner market is expected to grow from USD 536.9 million in 2018to USD 681.3 million by 2023, at a CAGR of 4.88%. Benefits offered by industrial vacuum cleaners include the removal of tough deposits and hard stains from industries, continuous cleaning operations, and saving on the labor and man hours, which drive the industrial vacuum cleaner market growth.

Get More Discount on Industrial Vacuum Cleaner Market with Forecast, Analysis, Trends and Company Profiles at https://www.reportsnreports.com/contacts/discount.aspx?name=1778132

Target Audience for Industrial Vacuum Cleaner Market Report:
Industrial vacuum cleaner manufacturers
Suppliers of electric single-phase and three-phase motors
Suppliers of industrial cleaning equipment
Analysts and strategic business planners
End-user industries such as food & beverages, pharmaceuticals, manufacturing, and building & construction
Forums, alliances, and associations

The awareness about safety and hygiene at workplaces is increasing day by day. Industries have their own unique set of cleaning challenges. Dirty and contaminated are as in industries can significantly impact the health of employees. The Occupational Safety and Health Administration (OSHA), an agency of the United States Department of Labor, has stated the rules for clean and hygienic workplaces. Therefore, many industrial cleaning equipment manufacturers offer industrial vacuum cleaners that comply with OSHA standards. Moreover, the increased labor cost in developing countries, such as China, fuels the adoption of industrial vacuum cleaners. High machinery cost and heavy structure of industrial vacuum cleaners act as a restraining factor for the industrial vacuum cleaner market growth.

Get purchase at https://www.reportsnreports.com
/purchase.aspx?name=1778132

Metalworking industry is expected to account for significant share of industrial vacuum cleaner market
The metalworking industry requires rugged vacuum cleaners for the continuous removal of dust and debris.In metalworking facilities, during several processes, such as milling and grinding, very small metal particles get accumulated on the machines, and fugitive dust in the form of fine metal powder is gathered, which need to be removed regularly. These facilities require different types of industrial vacuum cleaners on a large scale to handle the toughest materials, as well as withstand nonstop operations. Further, water or oil is used as a coolant in a few metalworking processes. Hence, the metalworking industry prefers three-phase wet & dry vacuum cleaners with high suction power that can clean both metal particles and oily surfaces.

Europe held largest share of industrial vacuum cleaner market in 2017
Europe is a leading region for the industrial vacuum cleaner market as it is a hub for various manufacturing industries, such as automotive and aerospace. European automobile manufacturers are highly competent in designing, developing, and manufacturing automobiles. With the adoption of advanced mechanized cleaning solutions, Europe captured the largest share of the market for industrial vacuum cleaners.

According to VDMA—the Professional Association of Cleaning Systems, in 2016, around 50 companies selling cleaning systems for industrial and commercial purposes achieved a turnover of more than USD 1.02 billion in the German market. Thus, the growth of the industrial vacuum cleaner market in this region is mainly driven by the increased labor costs and high penetration of advanced cleaning equipment in Europe.
The breakup of the profiles of primary participants for the report has been given below:
• By Company Size: Tier 1 = 23%, Tier 2 = 30%, and Tier 3 = 47%
• By Designation: C-Level Executives = 45%, Directors= 36%, andOthers= 19%
• By Region: Europe = 40%,North America = 30%, APAC = 20%, and RoW = 10%

About Us:
ReportsnReports.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India
+ 1 888 391 5441
sales@reportsandreports.com

This release was published on openPR.