Industrial Floor Scrubbers (By Type - Walk-Behind and Ride-On Scrubbers) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Albany, NY -- (SBWIRE) -- 04/01/2016 -- The new market research study, titled "Industrial Floor Scrubbers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020", published by Transparency Market Research, provides an in-depth analysis of the global market of industrial floor scrubbers.The report states that the global industrial floor scrubbers market will embark upon a positive growth path over the years 2014 and 2020, growing from a valuation of US$1.97 bn in 2013 to US$3.08 bn by 2020 at a 6.7% CAGR.at industrial floor scrubbers will form a US$3.08 billion market by 2020.
Browse The Market Research Report of Industrial Floor Scrubbers Market
The market will be significantly influenced by the rising emphasis on chemical-free cleaning, a factor which will create many new growth avenues for businesses. As consumers of floor scrubbing services emphasize upon the reduced utilization of harmful and harsh chemicals, the preference for eco-friendly and automated cleaners will rise significantly across the globe. The study also forecasts that the market will increasingly lead higher demand for compact industrial cleaners that require less power and also rank high on the cost-efficiency scale. With new developments being achieved in the field of robotics, the market will also adopt innovative, automatic floor scrubbers.
The need to keep industrial facilities clean is not the only reason that is driving the global market for industrial floor cleaners; the many health and safety regulations enforced by private and government bodies also drive the demand for industrial floor scrubbers across the globe. Currently, the market exhibits a high demand for floor scrubbers with maintenance-free batteries, a factor that has impelled device manufacturers to develop products with higher battery life.The report segments the global industrial floor cleaning market on the basis of product type, end-use industries, and key regional markets.
Get Free Sample Report Copy :
Based on types of industrial floor cleaners available in the market, the report segments the market into walk-behind and ride-on floor scrubbers. Key end-use industries of industrial floor cleaners studied in the report include transportation, government, healthcare and pharmaceuticals, hospitality, education, retail and food, and manufacturing and warehousing.Of the key product types studied, the market for walk-behind floor scrubbers accounted for the largest market share in 2013, mainly owing to their low price structure. Of the key end-use industries studied, the market segment of manufacturing and warehousing accounted for the highest share of the market, an estimated 43.6% in 2013.
Regionally, the report states that the North America market dominated the global market by accounting for 34.8% of the overall revenue generated by the global market in 2013. The U.S. significantly contributes to North America's leading position in the global industrial cleaning market. In the U.S., the market for industrial floor scrubbers has gained momentum in the past years owing to the rising adoption in the healthcare, retail, pharmaceutical, and food industries. However, the industrial floor cleaners market in Asia Pacific is expected to grow at the fastest pace over the report's forecast period.
The report also analyzes the competitive landscape of the global industrial scrubbers market, wherein it presents an overview of the detailed business profiles of some of the key businesses operating in the market. The key vendors operating in the market include Bortek Industries, Inc., Tennant Company, Hako Holding GmbH & Co. KG, Nilfisk-Advance, Inc., Factory Cat, IPC Gansow, Wiese, Inc., Tornado Industries, Inc., and Comac S.p.A.
About Transparency Market Research (TMR)
Transparency Market Research (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.
TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.