Industrial Floor Scrubbers Market Opportunities for Robotic Floor Covers to Rise at Higher Pace
Industrial floor scrubbers are available as walk-behind, ride-on and robotics floor scrubbers, specifically adopted by the end-use industries.
As these floor scrubbers offer a high level of cleanliness that helps in keeping the environment dust-free and reduces bacteria build up, experts foretell their demand to surge higher in the future.
Browse Market Research Report:
Additionally, the launch of industrial floor scrubbers with artificial intelligence is slated. This development will help execute tasks requiring human intelligence. Spurred by these factors, the global industrial floor scrubbers market is forecast to exhibit strong growth in the coming years.
On the flip side, the high cost of these products are posing threat to the global industrial floor scrubbers market. The factor also inhibits the market’s penetration in emerging nations.
Considering the scenario, the global industrial scrubbers market is forecast to exhibit a CAGR of 8.5% between 2017 and 2025. At this pace, the market’s valuation will reach US$6.62 bn by the end of 2025, from US$3.24 bn in 2016.
Demand for Robotic Floor Covers to Rise at Higher Pace
By type, the global industrial floor scrubbers market is categorized into walk-behind scrubbers, ride-on scrubbers, and robotic scrubbers. Among these scrubbers type, robotic scrubbers segment is anticipated to show large-scale adoption due to rapid development in advanced technologies in the industrial floor scrubbers across the world.
Of these, the demand for walk-behind scrubbers is forecast to remain the maximum through the course of the forecast period. By the end of 2017, it is expected to hold over 51% of the overall market.
However, over the course of the forecast period, the demand for robotic floor scrubbers is expected to rise at a higher pace. The rising demand for automation across industries will aid the segment’s growth in the coming years.
Further, the end-use industry segmentation includes transportation, healthcare & pharmaceuticals, government, education, hospitality, manufacturing & warehousing, and retail & food.
Of these, the manufacturing and warehouse segment emerged dominant in the market in 2016. On account of stringent regulations impelling industries to focus more on cleanliness, the demand from the manufacturing and warehouse segment is forecast to remain high through the forecast period.
Furthermore, healthcare & pharmaceuticals industries are anticipated to witness strong growth in near-term, largely due to growing focus on sustainability.
North America and Europe to Remain Dominant through Forecast Period
Regionally, North America, Europe, Asia Pacific, South America, and the Middle East and Africa constitute the key market segments. North America’s share in the overall market is expected to reach 33.5% by the end of 2017, thus the region is expected to emerge lead in the future.
Fill the form to Gain Deeper Insights on this Market:
Europe has emerged as the second-leading market for industrial floor scrubbers. Through the course of the forecast period, these regions are expected to continue leading the market.
Owing to rapid industrialization and the rising awareness about the latest technologies, industries in Asia Pacific are also expected to showcase increasing demand for industrial floor scrubbers.
The robust growth in healthcare, food, and manufacturing industries will aid the expansion of the industrial floor scrubbers market in Asia Pacific.
TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Floor Scrubbers Market Opportunities for Robotic Floor Covers to Rise at Higher Pace here
News-ID: 490397 • Views: 284
More Releases from TMR - Research Reports
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment
More Releases for Floor
Interconnection between office floor and shop floor to be witnessed by the Rigid …
Packaging is the process of enclosing or protecting finished goods or products for distribution, storage, sale, and end use. Rigid packaging is ideal for transportation across longer distances as it helps keep finished products safer for longer. It is used to package goods in different forms such as bottles, cans, ampules, aerosol containers, aluminum bottles, and jars. Rigid plastic packaging has properties such as high impact strength, high stiffness, and
Floor Factory Outlet PV
Floors are the most important part of any building and we all know why. First, we walk on it and second it brings out the look of a building. Ever visited a home or an office where you just entered and it gave you very positive vibes, it is because the floor of the place brings out the best gape. So, you see why flooring is important and what impact it
Global Soundproof Floor Underlay Market 2019 - AcoustiGuard, Serenity Mat Floor …
This new report by Eon Market Research, titled “Global Soundproof Floor Underlay Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Soundproof Floor Underlay industry at a global as well as regional and country level. Key facts analyzed in this report include the Soundproof Floor Underlay market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses
Mar 07, 2018: Stand-on Floor Scrubber Market Manufacturers Nilfisk, Tennant, Fim …
QY Research Store Recently added detailed market study on the "Global Stand-on Floor Scrubber Market Research Report 2018-2025" which provides an outlook of current market value of Stand-on Floor Scrubber Market as well as the expected forecast of Rate on Investment (ROI) with growing CAGR of XX% in Stand-on Floor Scrubber Market by the end of 2025. The report on the global Stand-on Floor Scrubber market uses the top-down and
Floor Adhesive Market Report
Browse the full table of contents and data tables: https://www.reportsandmarkets.com/reports/emea-europe-middle-east-and-africa-floor-adhesive-market-report-2017-1541206 In this report, the EMEA Floor Adhesive market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Request a sample copy: https://www.reportsandmarkets.com/sample-request/emea-europe-middle-east-and-africa-floor-adhesive-market-report-2017-1541206 Geographically, this report split EMEA into Europe, the Middle East and Africa, With sales (K
Floor Pad Market Outlook 2017 - Electrolux, Janex Floor Pads, Newell Brands, Jon …
Floor Pad Market Research 2017 A market study ” Global Floor Pad Market ” examines the performance of the Floor Pad market 2017. It encloses an in-depth Research of the Floor Pad market state and the competitive landscape globally. This report analyzes the potential of Floor Pad market in the present and the future prospects from various angles in detail. The Global Floor Pad Market 2017 report includes Floor Pad market Revenue,