Floor Cleaning Equipment Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
The global floor cleaning equipment market size is anticipated to reach USD 9.56 billion by 2025 registering a CAGR of 8.5% from 2019 to 2025, according to a new report by Grand View Research, Inc. Rising usage of different flooring materials, such as wood and ceramic, is expected to boost the demand for effective floor cleaning machines, thereby propelling the market growth. In addition, increasing awareness about airborne diseases caused due to dust and dirt is contributing to the product demand. Rapidly expanding hospitality sector and construction market are also fuelling the demand for different types of floor cleaners, such as scrubbers, polishers, vacuum cleaners, and electronic sweepers. Product innovations in the market will boost the growth further. For instance, in 2015, Tennant Co. introduced new T300 Walk-Behind Scrubber, which includes multiple configurations in performing the task of hard surface floor cleaning in hospitals. Moreover, introduction of ride-on models of floor cleaners have significantly augmented the demand as they are highly convenient and less time-consuming. Floor scrubber product segment led the global market. This equipment have a wide scope of application in commercial buildings for effective cleaning.
The residential application segment is projected to register the fastest CAGR over the forecast years. North America was the dominant regional market in 2018 and accounted for more than 44% of the global share. Growing corporate sector due to availability of large commercial spaces in developed countries of the regions is expected to be the key growth-driving factor for the market. Moreover, increasing usage of carpet as a floor covering has widened the scope of application for vacuum cleaners, thereby supporting market development. Browse Details of Report @ https://www.grandviewresearch.com/industry-
analysis/floor-cleaning-equipment-market Further key findings from the study suggest:
Vacuum cleaner segment is expected to witness the fastest CAGR of 8.9% from 2019 to 2025. However, floor scrubber is likely to be the largest segment in future
Commercial application was the largest segment in 2018 and is expected to retain its dominant position during the forecast years
Asia Pacific is said to be the fastest-growing regional market registering a CAGR of 9.8% from 2019 to 2025
Key companies in the floor cleaning equipment market are Nilfisk Group; Alfred Kärcher GmbH & Co. KG; Tennant Company; Hako Group; EUREKA S.p.A.; International Cleaning Equipment; Comac SpA; Minuteman International, Inc.; and Denis Rawlins
Get Sample of Report @ https://www.grandviewresearch.com/industry-
analysis/floor-cleaning-equipment-market/request/rs1 Grand View Research has segmented the global floor cleaning equipment market on the basis of product, application, and region: Floor Cleaning Equipment Product Outlook (Revenue, USD Million, 2015 - 2025)
Scrubber
Vacuum Cleaner
Sweeper
Others
Floor Cleaning Equipment Application Outlook (Revenue, USD Million, 2015 2025)
Residential
Commercial
Floor Cleaning Equipment Regional Outlook (Revenue, USD Million, 2015 2025)
North America
U.S.
Europe
Germany
U.K.
France
Asia Pacific
China
Japan
Central & South America
Middle East & Africa
Table of Content Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook 2.3. Competitive Insights Chapter 3. Floor Cleaning Equipment Market Variables, Trends & Scope 3.1. Market Introduction 3.2. Penetration & Growth Prospect Mapping 3.3. Industry Value Chain Analysis 3.3.1. Sales/Retail Channel Analysis 3.3.2. Profit Margin Analysis 3.4. Market Dynamics 3.4.1. Market Driver Analysis 3.4.2. Market Restraint Analysis 3.4.3. Industry Challenges 3.4.4. Industry Opportunities Continue……… About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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