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Global Industrial Cleaning Equipment Market by Product Size (Large, Small), By End-Use Industry (Industrial, Commercial, Municipal, Others), and Geography - Global Forecast to 2023

10-20-2020 01:32 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: i2i Research LLP

Large Industrial Cleaning Equipment Market, By Region

Large Industrial Cleaning Equipment Market, By Region

The Global Industrial Cleaning Equipment (ICE) market is expected to grow from USD 9.6 billion in 2017 to USD 13.9 billion in 2023, growing at a CAGR of 4.0% during the forecast period. Recent economic upsurge in developing nations, along with focus on reducing potential hazards in industries and growth in demand from commercial consumers such as building contractors, designers, architectures, refurbishment contractors, among others will boost the demand for Industrial cleaning equipment during the forecast period. However, high implementation and maintenance costs of cleaning robots, and the use of traditional methods of cleaning which are sometimes more cost effective and time saving as compared to cleaning robots may hamper the growth of the market.
Asia pacific is expected to be the largest market for large Industrial cleaning equipment during the forecast period. Increasing demand for Vacuum trucks and Sewer trucks from the Industrial and municipal end use segments will be the major driving factors for large ICEs. The demand for small industrial cleaning equipment will the highest in North America during the forecast period. Spares and services of small industrial cleaning equipment is expected to drive the
For small Industrial cleaning equipment, spares and services accounted for nearly 40% of the overall size of the market in 2018 and for large industrial cleaning equipment, this number was around 25% of the overall market size. North America and APAC are expected to lead the demand for these products and services during the forecast period.

Recent Key Developments
• In 2017, Kanematsu partners with US-based Vector Launch to expand the availability of small launch vehicles throughout Japan and other Asian markets.
• In June 2017, Federal Signal completed the strategic acquisition of TBEI, a manufacturer of dump truck bodies and trailers serving maintenance and infrastructure end markets for USD 270 Million.

Report Link
For more details on “Global Industrial Cleaning Equipment” Market Report:
https://i2iresearch.com/report/industrial-cleaning-equipment-market-report-global-regional-industry-forecast-2018-2023/
What this report Offers

This report covers an in-depth analysis of the Global Industrial Cleaning Equipment market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.
There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of Global Industrial Cleaning Equipment market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.

Key Questions answered in the Report:
• What is the size of the overall Global Industrial Cleaning Equipment market and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities and challenges of the Global Industrial Cleaning Equipment market and how they are expected to impact the market?
• What are the attractive investment opportunities within the Market?
• What is the Global Industrial Cleaning Equipment market size at the regional and country level?
• Who are the key market players and their key competitors?
• Market value- chain and key trends impacting every node with reference to companies
• What are the strategies for growth adopted by the key players in Global Industrial Cleaning Equipment market?
• How does a particular company rank against its competitors with respect to revenue, profit comparison, operational efficiency, cost competitiveness and market capitalization?
• Key financial details of the major players in Global Industrial Cleaning Equipment market (revenue and profit margin, market capitalization, expenditure analysis, investment analysis)?
• What are the recent trends in Global Industrial Cleaning Equipment market? (M&A, partnerships, new product developments, expansions)
For a Copy of the sample report, follow the link;
https://i2iresearch.com/report/industrial-cleaning-equipment-market-report-global-regional-industry-forecast-2018-2023/

Report Segmentation and Coverage

1. Based on Product Type, Global Industrial Cleaning Equipment market is segmented into:
1.1. Large Industrial Cleaning Equipment
1.1.1. Sweeping Truck
1.1.2. Sewer Cleaning
1.1.3. Vacuum Truck
1.1.4. Others

1.2. Small Industrial Cleaning Equipment
1.2.1. Sweepers
1.2.2. Scrubbers
1.2.3. Vacuums
1.2.4. Others

2. Based on End-Use Application, Global Industrial Cleaning Equipment market is segmented into:
2.1. Industrial
2.2. Commercial
2.3. Muncipal
2.4. Others

3. Based on Geography, Global Industrial Cleaning Equipment market is segmented into:
3.1. North America
3.1.1. USA
3.1.2. Canada
3.1.3. Rest of North America
3.2. Europe
3.2.1. UK
3.2.2. Germany
3.2.3. France
3.2.4. Rest of Europe
3.3. Asia-Pacific
3.3.1. China
3.3.2. Japan
3.3.3. India
3.3.4. South East Asia (SEA)
3.3.5. Australia
3.3.6. Rest of Asia-Pacific
3.4. Middle East & Africa
3.5. ROW
3.5.1. South America
3.5.2. CIS

4. Key Industry players covered in the report
4.1. Federal Signal
4.2. Tennant
4.3. Karcher
4.4. Bucher Industries
4.5. Nilfisk
4.6. Taski
4.7. Johnston Sweepers
4.8. K & E
4.9. KOKS
4.10. Almo Group
4.11. Tymco
4.12. Hako
4.13. Dulevo
For a detailed Table of Content of the Global Industrial Cleaning Equipment market report, click here;
https://i2iresearch.com/report/industrial-cleaning-equipment-market-report-global-regional-industry-forecast-2018-2023/

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