Market Analysis
The global industrial floor scrubber market will reach USD 6.19 billion at an 8% CAGR by 2032, as per the new Market Research Future report.
Drivers
Higher Adoption of Green Cleaning Practices to Boost Market Growth
Many cleaning departments around the world are implementing green cleaning practices & products in order to achieve greater sustainability and compliance with regulatory standards. Growing environmental sustainability concerns have compelled manufacturers to invest in R&D to develop environmentally friendly solutions. As a result, these factors are expected to drive market growth in the near future.
Opportunities
Availability of AI-enabled Floor Scrubbers to offer Robust Opportunities
Artificial intelligence (AI) is a developing technology that assists in the execution of tasks that would normally need human intelligence like visual perception, job scheduling, decision-making, & language translation. AI-enabled flood scrubbers offer significant business opportunities to market participants. This can assist caregivers in optimizing proficiency, as well as establishing values and best practices for the use of robots in the janitorial services.
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Key Players
Eminent industry players in the industrial floor scrubber market report include
- Alfred Karcher GmbH & Co. KG
- Bortek Industries, Inc.
- Ecovacs Robotics, Inc
- Hako Holding GmbH & Co. KG
- HEFTER Cleantech GmbH
- iRobot Corporation
- Nilfisk-Advance, Inc.
- P.S. Corporation
- Tennant Company
- Tornado Industries, Inc
Restraints
High Upfront Cost to act as Market Restraint
The high upfront as well as maintenance costs of industrial floor scrubbers may act as market restraints in the forecast period.
Challenges
Accessibility of Low-Cost Manual Labor to act as Market Challenge
The accessibility of low-cost manual labor may act as a market challenge over the forecast period.
Market Segmentation
The industrial floor scrubber market is bifurcated based on end use and type.
- Based on type, robotic floor scrubber will domineer the market over the forecast period.
- By end use, healthcare will head the market over the forecast period.
COVID-19 Analysis
During the COVID-19 outbreak, need for various industrial floor scrubbers is growing as healthcare facilities increase efforts to ensure effective disinfection of floor surfaces. In the current industrial floor scrubber market, the concept of contact-free cleaning over manual cleaning methods like mopping, is gaining popularity. As a result, companies in the industrial floor scrubber market are capitalizing on contact-free cleaning trends and expanding their manufacturing capabilities. Because floor scrubbing machines are classified as essential goods, manufacturers can engage in the revenue-generating activities during the midst of the COVID-19 outbreak. Customers in other value chains, such as retail, hospitality, food, & government, are also adopting floor scrubbing machines. Customers are becoming more aware of the benefits of mechanical cleaning.
Regional Analysis
North America to Sway Industrial Floor Scrubber Market
Because of the presence of major key players, North America domineers the market. Furthermore, the burgeoning need for retail sector will fuel the growth of this region’s industrial floor scrubbers market during the forecast period. North America has a significant market share, owing to the widespread usage of floor scrubbers in all industries. Furthermore, the region’s market for robotic floor scrubbers is growing due to rising labor costs.
APAC to Have Significant Growth in Industrial Floor Scrubber Market
The Asia-Pacific region is expected to see significant growth as emerging countries rapidly industrialize. Besides, the region’s growing population and increasing manufacturing & healthcare facilities will fuel the market growth in the coming years. Asia-Pacific is expected to be the most appealing region for the industrial floor scrubber market due to its growing population and manufacturing and healthcare facilities.
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