Industrial Floor Scrubbers Market Growth Report 2021 to 2031
The industrial floor scrubbers market size is projected to reach US$ 7,227.37 million by 2031 from US$ 4332.49 million in 2023. The market is expected to register a CAGR of 6.6% during 2023–2031. The growing industrialization and rising number of hospitals, commercial spaces like shopping malls and offices, and increasing number of manufacturing hubs are likely to remain a key trend in the market.
Industrial Floor Scrubbers Market Analysis
The rising industrialization and growing development in the construction sector are projected to increase the development for industrial floor scrubbers globally. The rising demand for autonomous floor cleaning technology is also anticipated to drive the demand for the industrial floor scrubbers market globally. The growing demand for industrial floor scrubbers in hospitals, care centers, and commercial spaces is also acting as a major driver for the market globally. Automatic floor scrubbers are costly. Implementation of automatic floor scrubbers is expensive, which might act as a restraining factor for the industrial floor scrubbers in developing economies. However, rising government initiatives for maintaining cleanliness in the industrial and commercial sectors are estimated to steer the development of the industrial floor scrubbers market globally.
Industrial Floor Scrubbers Market Overview
The growing government focus on building smart cities, and advanced infrastructure development is also boosting the requirement for cleaning equipment to maintain cleanliness. Technological advancement in the industrial floor cleaning scrubbers market is having a positive impact on the market globally. The growing number of retail outlets and commercial spaces like hotels, offices, shopping malls, and multiplexes are also fueling the demand for industrial floor scrubbers globally.
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Industrial Floor Scrubbers Market: Strategic Insights
Market Size Value in US$ 3,760.23 Million in 2021 Market Size Value by US$ 6,334.41 Million by 2028 Growth rate CAGR of 6.7% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Industrial Floor Scrubbers Market: Strategic Insights
| Market Size Value in | US$ 3,760.23 Million in 2021 |
| Market Size Value by | US$ 6,334.41 Million by 2028 |
| Growth rate | CAGR of 6.7% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Industrial Floor Scrubbers Market Drivers and Opportunities
Growing Government Initiatives towards Environmental Cleanliness to Favor Market
The growing government initiatives like the Swachh Bharat Mission to improve the condition of commercial, industrial, and residential sectors in terms of cleanliness and hygiene are acting as a major drivers for the market. Various governments are focusing on increasing the maintenance services of public infrastructures like museums, parks, and commercial places which is also acting as a prime driver for the market.
Technological advancements in the field of Industrial Floor Scrubbers
The growing technological advancement in terms of process automation and integration of robotic technology is anticipated to provide high opportunities for the industrial floor scrubbers market. The companies operating in the industrial floor scrubber market are more focused on research and development activities to introduce automatic floor scrubbers. In addition, some companies are also concentrating on introducing robots in the floor-cleaning industry, which is also projected to drive the growth of the industrial floor scrubbers market globally.
Industrial Floor Scrubbers Market Report Segmentation Analysis
Key segments that contributed to the derivation of the industrial floor scrubbers market analysis are offering, product, end-use, and component.
- Based on the offering, the industrial floor scrubbers market is divided into product and component. The product segment held a larger market share in 2023.
- By product, the market is segmented into walk-behind scrubbers, ride-on scrubbers, and robotic scrubbers. The walk-behind scrubbers segment held a significant share of the market in 2023.
- By end-use, the market is segmented into healthcare & pharmaceuticals, government, hospitality, manufacturing & warehousing, retail, and others. The manufacturing & warehousing segment held a significant share of the market in 2023.
- Based on the component, the industrial floor scrubbers market is divided into brushes, pads, squeegees, and others. The others segment held a significant share of the market in 2023.
Industrial Floor Scrubbers Market Share Analysis by Geography
The geographic scope of the Industrial Floor Scrubbers market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
Asia Pacific is leading the market. The growing government focus on maintaining cleanliness in the commercial and industrial sectors is steering the development of the industrial floor scrubbers market in the Asia Pacific. The growing adoption of automation and increasing robotic technology in the industrial floor cleaning sphere is also having a positive impact on the industrial floor scrubbers market in the Asia Pacific. China, India and Japan are key countries operating in the industrial floor scrubbers market in the Asia Pacific.
Industrial Floor Scrubbers Market Report Scope
Industrial Floor Scrubbers Market News and Recent Developments
The industrial floor scrubbers market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Industrial Floor Scrubbers market are listed below:
- Tennant Company launched the T1581 Ride-on Scrubber—a medium-sized floor cleaning machine designed to revolutionize light industrial cleaning in the logistics, retail, and manufacturing industries. (Source: Tennant Company, Company Website, January 2024)
- Tennant Company collaborated with Brain Corp and signed a technology agreement to accelerate the development and adoption of the next generation of robots in the floor-cleaning industry. (Source: Tennant Company, Company Website, February 2024)
Industrial Floor Scrubbers Market Report Coverage and Deliverables
The “Industrial Floor Scrubbers Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Industrial floor scrubbers market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Industrial floor scrubbers market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Industrial floor scrubbers market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the industrial floor scrubbers market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Offering, Product, End-Use, and Component
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Asia Pacific dominated the industrial floor scrubbers market in 2023.
The rising adoption of green cleaning technologies is the future trend of the industrial floor scrubbers market.
Amano Corporation, Comac s.p.a., Conquest Equipment Pty Ltd, Fimap s.p.a., Hafi Elektra Private Limited, Hako GmbH, Nilfisk Group, Polivac International Pty Ltd, Roots Multiclean Ltd and Tennant Company are some of the leading players in the market.
US$ 7,227.37 million estimated value of the industrial floor scrubbers market by 2031.
6.6% is the expected CAGR of the industrial floor scrubbers market.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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