Press release
Industrial Vacuum Cleaner Market Covid-19 Analysis Forecast with Competitive Landscape and Key Companies Profile
Industry InsightThe fast-emerging Industrial Vacuum Cleaner Market 2020 is noticing escalated growth, which has been recorded at a CAGR of 4.5% by Market Research Future after an in-depth study. It has also noted down that the market has high chances to reach a valuation of USD 650 Million by the year 2025, which is being instigated by various factors counting at the world level. Such a growth scene will take place during the years of 2019 to 2025, which is stated to be the market’s forecast period. The market will gain maximum prominence during these years.
Top Impacting Factors
Industrial vacuum cleaners are based on a similar concept of standard cleaners that intends to suck in the dust particles with the help of suction created by a motor working the fan into a dust bag attached to them. The significant difference comes in with the application for wet cleaning as well, as the industrial cleaners also possess solutions for wet cleaning of floors and other surfaces. Owing to the larger amount of dust accumulated in industries, they are larger in size, which is why the industry cleaners can clean a larger area without having disposal of their dust bags. Such a factor has gained substantial popularity that has given a considerable boost to its market.
The global market for an industrial vacuum cleaner is observing the opportunity of expansion from a series of factors prevailing across the world and affecting the shares accordingly. The foremost factor considered for the market to expand is mounting in demand for cleaning machines, especially industrial vacuum cleaners, particularly in the developed regions. The shift from manual cleaning to technological vacuuming solutions in countries is expected to give a substantial boost to the market in the coming years.
Gulf countries are focusing on adopting technological innovations. In the case of point, Sharjah-based Company, Bee’ah, is a waste management company, has recently installed desert cleaner units, which has included industrial vacuum cleaners. In the same way, back in October 2016, Dubai’s Municipality Waste management updated its fleet with sand scraper machines with beach cleaning that made high usage of industrial vacuum cleaners. These factors have aided the market’s expansion for some years, which is now supposed to make more valuations for the market in the assessment period of growth.
Some more factors such as benefits in terms of hygiene, health concerns, with the help of industrial vacuum cleaners are also expected to drive the market growth. In fact, advancements in the market and innovative product launches have been the major influencers of the market growth in recent years, which will take the market of industrial vacuum cleaner to high valuation levels during the growth period.
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Segmentation of Market: Industrial Vacuum Cleaner
The Global Industrial Vacuum Cleaner Market by segmentation has included various segments such as product type, mode of operation, system type, end-use, and application.
Depending on the product type segment, the global industrial vacuum cleaner market has included canister, upright, and backpack. Among these, the canister segment will lead the global industrial vacuum cleaner market owing to its capability of better suction and flow rate as compared to the upright industrial vacuum cleaner.
Depending on the mode of operation segment, the global industrial vacuum cleaner market has included electric and pneumatic.
Depending on the system type segment, the global industrial vacuum cleaner market has included portable and stationary.
Depending on the end-user segment, the global industrial vacuum cleaner market comprised of food & beverage, pharmaceuticals, construction, metalworking, automotive, and more.
Depending on the application segment, the market included heavy-duty, medium-duty, and explosion-proof.
Regional Framework
From the viewpoint of the region, the Global Industrial Vacuum Cleaner Market study is conducted among crucial regions such as Asia-Pacific, North America, Europe, and the Rest of the World.
North America has acquired the largest industrial vacuum cleaner market share owing to the significant adoption of the products across various industries to cater to stringent government regulations. The North America industrial vacuum cleaner market accounted for a value share of 32.8% back in 2017 and is now projected to continue its leadership in the global industrial vacuum cleaner market during the assessment period.
Whereas sales of industrial vacuum cleaners in the APAC region where China and India are likely to represent an entire incremental opportunity of US$ 22.0 Mn and US$ 13.3 Mn, respectively, between 2019 and 2025.
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Top Market Competitors
A few of the major competitors currently functional in the Industrial Vacuum Cleaner Market are American Vacuum Company (US), Alfred Kärcher GmbH & Co. KG (Germany), Wieland Lufttechnik GmbH & Co. KG (Germany), Goodway Technologies Corp. (US), Ghibli & Wirbel SpA (Italy), Vac-U-Max (US), NUMATIC INTERNATIONAL LTD (UK), Tiger-Vac International Inc. (Canada), and Nilfisk Group (Denmark).
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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