October 7, 2020

Global Industrial Vacuum Cleaner Market Estimated to Grow with a Healthy CAGR During Forecast Period 2020-2025

Market Snapshot

The introduction of new equipment and methods in the production plant cause increase quality & operational speed, decrease costs, and ensure a safe working environment. Industrial vacuum cleaners are considered among the best in floor industrial cleaning equipment as they suck every dust and contamination, causing an increase in device useful life and the quality of the product.

Two major types of industrial vacuum cleaners: single phase and three phase vacuum cleaners. Single phase vacuum cleaners are used for cleaning industrial environment on daily basis with attractive and less model space requirement. On the other hand, three phase vacuum cleaners are used for dry, wet, and liquid waste in industrial area with efficiently and cost-effectively.

Key Players

The key players operating in the Global Industrial Vacuum Cleaner Market are NUMATIC INTERNATIONAL LTD (UK), Vac-U-Max (US), Nilfisk Group (Denmark), Alfred Kärcher GmbH & Co. KG (Germany), American Vacuum Company (US), Wieland Lufttechnik GmbH & Co. KG (Germany), Tiger-Vac International Inc. (Canada), Goodway Technologies Corp. (US), and Ghibli & Wirbel SpA (Italy).

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Market Synopsis

The portable system type segment is expected to hold the larger share during the study period due the fact that they can lift dust, dirt, and other debris out of upholstery and off of surfaces.

The pharmaceuticals and metal working end use segments are projected to witness substantial growth during the review period. By application, the heavy-duty segment is projected to witness significant increase in revenue generation during the forecast period.

The global industrial vacuum cleaner market is expected to register substantial growth to reach USD 750 Mn by the end of 2025, with a CAGR of 4.5% from 2019-2025.

Market Segmentation:

Asia-Pacific is expected to be the fastest growing market for industrial vacuum cleaner during forecast period owing to increasing industrialization and demand for cleaning equipment in food and beverage and pharmaceutical industies to provide hygeinic and safe work environment.

In Europe, Germany is the largest industrial vacuum cleaner market, and the UK, France, Italy, and Russia, being the other major countries of Europe, also leading to the growth of this market. In the Middle East & Africa, the UAE, Turkey, Iran and South Africa are significant industrial vacuum cleaner markets, while the Latin America, Brazil, Chile, and Argentina primarily lead to the growth of this market.

Regional Analysis:

In terms of region, the global market for the industrial vacuum cleaner is segmented as Europe, North America, Asia-Pacific, and the Rest of the World. North America is estimated to hold the highest market share during the forecast period owing to stringent government regulations for workers safety and workplace hygiene. The rate of adoption of industrial vacuum cleaners across various industries in the US and Canada is relatively higher than in other regions.

The market in Asia-Pacific is expected to be the fastest growing market for industrial vacuum cleaner during forecast period owing to increasing industrialization and demand for cleaning equipment in food and beverage and pharmaceutical industies to provide hygeinic and safe work environment.

LIST OF TABLES

TABLE 1 MARKET SYNOPSIS 16

TABLE 2 LIST OF ASSUMPTIONS 19

TABLE 3 GLOBAL INDUSTRIAL VACUUM CLEANER MARKET MARKET, BY SOLUTION, 2018–2023 (USD BILLION) 37

TABLE 4 GLOBAL INDUSTRIAL VACUUM CLEANER MARKET MARKET, BY SERVICE, 2018–2023 (USD BILLION) 41

TABLE 5 GLOBAL INDUSTRIAL VACUUM CLEANER MARKET MARKET, BY DEPLOYMENT, 2018–2023 (USD BILLION) 44

Continued…….

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List Of Figures

Figure 1 Research Process Of MRFR

Figure 2 Top-Down & Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter's Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Industrial Vacuum Cleaner Market Share, By Product Type, 2018 (%)

Continued…….

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