Transparency Market Research has published a new report "Industrial Floor Scrubbers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" to its report store.
Albany, NY -- (SBWIRE) -- 07/17/2015 -- The latest research report released by Transparency Market Research, titled 'Industrial Floor Scrubbers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020', forecasts positive growth of the global industrial floor scrubbers market at a CAGR of 6.7% from 2014 to 2020. The market was worth US$1.97 billion in 2013 and by 2020, it is expected to reach US$3.08 billion.
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Wide usage of floor scrubbers in various industries is driving the demand from the global industrial floor scrubbers market. The report provides an overview of the market by mentioning the market trends. Presently, end-users prefer industrial floor scrubbers with maintenance-free batteries. Also, chemical-free cleaning is getting more preference to minimize the effect on environment. Such changing market trends have led the manufacturers to shift their focus to green cleaning by the industrial floor scrubbers. The demand for cost-efficient small-sized floor scrubbers will boost the global industrial floor scrubbers market during the forecast period between 2014 and 2020. Documenting the future outlook of the industry, the report mentions that the evolution of floor scrubbing methods along with increasing trend for automation of the industrial floor scrubbers will open new opportunities for the global industrial floor scrubbers market.
On the basis of the type of industrial floor scrubbers, the report segments the overall market into ride-on floor scrubbers and walk-behind floor scrubbers. Due to the low price, the walk-behind floor scrubbers have higher demand than the ride-on floor scrubbers. The report makes a comparative analysis of the market shares held by these two segments and forecasts the revenue to be generated by the segments during the period from 2014 to 2020. Depending upon the end-use industries, the global industrial floor scrubbers market has been categorized into transportation, healthcare and pharmaceuticals, education, hospitality, government, retail and food, and manufacturing and warehousing. The report mentions that manufacturing and warehousing is the largest segment of the global industrial floor scrubbers market.
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Geographically, the global industrial floor scrubbers market has been divided into four key regions: Asia-Pacific, North America, Europe, and Rest of the World. North America emerged as the leader of the global industrial floor scrubbers market in 2013, accounting for more than 35% of the market share, in terms of revenue. Due to the growth of the retail, food, pharmaceutical, and health industries in the U.S., the nation has been the major contributor of the global industrial floor scrubbers market. The report predicts that during the forecast period, market for industrial floor scrubbers in Asia Pacific region will rapidly grow, owing to rising number of end-user industries in this region. In 2013, the warehousing and manufacturing industries had contributed significantly to the growth of this region in the global industrial floor scrubbers market with a market share of 43.6%.
The report describes the vendor landscape of the global industrial floor scrubbers market and profiles some of the key players such as Wiese Inc., Tennant Company, Comac S.p.A., Hako Holding GmbH & Co. KG, Factory Cat, Nilfisk-Advance Inc., Tornado Industries Inc., IPC Gansow, and Bortek Industries, Inc.
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