6 Key Future Prospects of Industrial Floor Scrubbers Market for Forecast Period 2017 - 2025
The global industrial floor scrubbers market exhibit a highly fragmented vendor landscape on account of the presence of a large number of companies. As these enterprises try out various marketing strategies to gain a stronger foothold, the industrial floor scrubbers market will fiercer competition in the coming years, finds Transparency Market Research (TMR) in a new study.
Also many of the leading companies are seeking acquisition of smaller concerns to expand their geographic footprint and product portfolio. In 2016, companies such as Wiese, Inc., Bortek Industries, and Hako Holding GMBH & Co. KG held the leading share in the market. Meanwhile, iRobot Corporation is planning to reinforce its presence worldwide. Strategies adopted by these companies to increase their stake have significant influence on the market.
Request Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3960
According to TMR, the global industrial floor scrubbers market, which in 2016 was valued at US$3.24 bn, is expected to reach US$6.62 bn by the end of 2025. If these figures hold true, the global industrial floor scrubbers market will expand at a CAGR of 8.5% between 2017 and 2025. Regionally, North America held the dominant share of 33.7% in the overall market in 2016. Europe emerged as the close second-lead. Over the course of the forecast period, both these regions will continue exhibiting lucrative prospects for the market players. By type, walk-behind scrubber is expected to hold the leading share of 51.1% by the end of 2017.
Increasing Demand for Green Technologies for Industrial Cleaning to Aid Growth
“The global industrial floor scrubbers market is primarily gaining from the rising demand for green cleaning technologies,” said a lead TMR analyst. Government incentives provided to companies adopting green technologies, and stringent regulations aimed towards ensuring sustainable environment, especially across mature markets in North America and Europe, constitute the chief market driver.
Presently, on account of surging environment sustainability concerns, industrial floor scrubbers’ manufacturers are emphasizing on research and development to come up with more eco-friendly and efficient products. Considering these activities, recent developments in the field of robotics with incorporated touch and vision have improved the speed and efficiency of various production and supply systems. The demand for robotic floor scrubbers is thus expected to rise in industries such as healthcare and pharmaceuticals, hospitality, food, manufacturing, retail, and warehousing.
Browse Our Report: https://www.transparencymarketresearch.com/industrial-floor-scrubbers-market.html
Besides this, the market is projected to gain from the growing health and hygiene concern among end users. With the growing adoption of advanced cleaning services, consumers are more likely to use eco-friendly products. In addition, stringent government regulations are impelling industries to maintain high level of cleanliness, thereby bolstering opportunities for the industrial floor scrubbers market.
High Cost of Floor Scrubbers Emerges as Major Growth Deterrent
On the downside, high cost of industrial floor scrubbers is a major challenge inhibiting the market. In addition, manufacturing companies may incur additional cost in procuring battery, electricity, and in maintenance of equipment. These factors will further add to the cost of industrial floor scrubbers thus curbing their sales to an extent.
Buy This Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=3960<ype=S
Furthermore, low industrialization and the availability of cheap labors will make it tough for the market players to penetrate into developing nations. Nevertheless, soon the technology is expected to establish their presence in the untapped market on account of the recent advancements in the technology. Additionally, the rising awareness among consumers about benefits industrial floor scrubbers offer, will aid the market’s expansion in the coming years.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends 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. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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 6 Key Future Prospects of Industrial Floor Scrubbers Market for Forecast Period 2017 - 2025 here
News-ID: 888603 • Views: 167
More Releases from Transparency Market Research
Content Moderation Solutions Market Report to Share Key Aspects of the Industry …
The global content moderation solutions market is projected to register a CAGR of more than 10% between 2019 and 2027. The global content moderation solutions market is projected to be driven by the increasing spending on digital advertising. Marketing leaders are spending more on their websites, digital commerce, and digital advertising. Not only large enterprises, even small and medium enterprises are shifting from traditional advertising to digital advertising. This is expected
Industrial Plugs and Sockets Market Will Escalate Rapidly in the Near Future
Industrial plugs and sockets function on very different frequencies and are used in secured electric connections in machines and equipments. In addition to that, industrial plugs and sockets come with multiple uses across farming and commerce industries, thereby boosting the global industrial plugs and sockets market. It also safeguards the equipment to which it is connected. These plugs and sockets are made of low cost materials and are easy to install,
Home Automation Market Rapid Technological Advancements During The Forecast Peri …
Expansion of the global home automation market is likely to be influenced by the increasing consumer liking for these products, thanks to its energy saving features, enhanced security solutions, convenience, and affordability. The demand for home automation services is also increasing due to growing penetration and development of smartphone-controlled applications. Some of the prominent market players in the global home automation market are Ingersoll-Rand PLC, Cisco Systems, Inc., United Technologies Corporation,
Process Spectroscopy Market to Witness Unprecedented Growth in Coming Years
As per a recent report by Transparency Market Research on global process spectroscopy market, the persisting demand for improving the manufacturing process in several business verticals is the key reason for the growth of the global process spectroscopy market. The report also states that the market's growth is attributed to developing pharmaceutical sector by improving microscopic study of chemicals. These processes require process spectroscopy to collect viable data regarding the
More Releases for Floor
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
Global Industrial Floor Mats Market 2017-2021
Industrial floor mats are used in several industries, which involve the chance of falls, spills, fatigue, and slips. Various types of industrial floor mats specific to tasks involving hazards are available in the market. There are two major types of industrial floor mats: entrance mats and ergonomic mats. Technavios analysts forecast the global industrial floor mats market to grow at a CAGR of 4.15% during the period 2017-2021. Covered in this report The
Global Floor Scrubber Market Forecast To 2022
The modern floor scrubber, which is also referring automatic floor scrubber, was not invented until the middle of the 20th century. It uses a system that generally involves spraying the floor with a combination of cleaning chemicals and water, scrubbing the floor to break up spill, residue and dirt, and then a squeegee-vacuum combination that absorbs the used water, leaving the floor completely dry and clean. Now, floor scrubbers are
Global Antistatic Floor Market Research Report 2017
This report studies Antistatic Floor in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Mohawk Group Armstrong Gerflor LG Hausys Tarkett Staticworx Flowcrete Julie Industries Altro Ecotile MERO Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=788276&ptitle=Global+Antistatic+Floor+Market+Research+Report+2017&req=Sample Formica Silikal Huatong Huaji Huili Tkflor Shenyang Aircraft Xiangli Floor Kehua Changzhou Chenxing Youlian Jiachen Replast Viking Forbo Polyflor Fatra Epoehitus Sia AB Baltic Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Antistatic
Global Floor tile Market 2016 - 2020
The Floor tile report created by Markets N Research includes in-depth study of variable market trends and statistics by dynamic team of researchers. The report provides detailed information about the definition and specification, and focuses on overall analysis of the manufacturing process along with in-depth classification of segments based on applications, end-users, and product’s physical properties. The report delivers precise data relevant to competitive analysis based on regional insight along
World PVC Floor/Vinyl Floor Market Research Report 2021
ICRWorld’s PVC Floor/Vinyl Floor market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry analysis of the key factors influencing the market. The report includes the forecasts, analysis and discussion of important industry trends, market size, market share estimates and profiles of the