Industrial cleaning equipment are available in a wide range of sizes, capacities, and types in the market, thereby making it usable by small-and large-scale industries. Industrial cleaning equipment is registering a rise in popularity, owing to its advantageous features such as fast paced cleaning and its ability to clean difficult to access spaces.
Rise in demand for foods & beverages products across the world is anticipated to drive growth of the industrial cleaning equipment market. In addition, growth in the pharmaceutical sector, owing to rise in population and onset of new viruses and diseases is anticipated to drive demand for industrial cleaning equipment. However, high cost of operation of industrial cleaning equipment, which restraints growth of the market. Furthermore, development of autonomous industrial cleaning equipment and favorable government initiatives to support small-scale industrial sectors are expected to provide lucrative opportunities for the growth of the market.
The global industrial cleaning equipment market is segmented on the basis of type, operation, end user and region. By type, the market is categorized into floor sweepers, pressure washers, vacuum cleaners, and others. On the basis of operation, it is bifurcated into manual and automatic. On the basis of end user, it is categorized into foods & beverages, electronics, pharmaceuticals, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players that operate in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market
COMPETITION ANALYSIS
Key companies profiled in the industrial cleaning equipment market report include Akshayaa Multi Cleaning Pvt. Ltd., Alfred Kärcher SE & Co. KG, Astol Cleantech Pvt. Ltd., Aubotz Labs Pvt Ltd, Avidbot corp., Blow-tech, Comac India, Dulevo International, Dynava, Eureka S.p.A., H&K Equipment, Kevac Srl, PressureJet, Roots Multiclean Ltd., SJE Corporation Ltd., Tennant Company, and Tornado Industries.KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the industrial cleaning equipment market analysis from 2021 to 2031 to identify the prevailing industrial cleaning equipment market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the industrial cleaning equipment market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global industrial cleaning equipment market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Floor sweepers
- Pressure washers
- Vacuum cleaners
- Other
By Operation
- Manual
- Automatic
By End User Industry
- Food and beverage
- Electronics
- Pharmaceutical
- Other
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Middle East
- Africa
- Latin America
Key Market Players
- Akshayaa Multi Cleaning Pvt. Ltd.
- Alfred Kärcher SE & Co. KG
- Astol Cleantech Pvt. Ltd.
- Aubotz Labs Pvt Ltd
- Avidbot corp.
- Blow-tech
- Comac India
- Dulevo International
- Dynavac
- Eureka S.p.A.
- H&K Equipment
- Kevac Srl
- PressureJet
- Roots Multiclean Ltd.
- SJE Corporation Ltd.
- Tennant Company
- Tornado Industries
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Table of Contents
Executive Summary
According to the report, titled, “Industrial Cleaning Equipment Market," the industrial cleaning equipment market size was valued at $9.12 billion in 2021, and is estimated to reach $14.14 billion by 2031, growing at a CAGR of 4.3% from 2022 to 2031.Commonly observed types of industrial cleaning equipment are floor sweepers, pressure washers, vacuum cleaners, and others. Among these, the floor sweepers segment accounted for the highest market share in 2021, owing to its application in wide range of industries. The market is analyzed with respect to different operation types, such as automatic and manual. The manual segment accounted for a high revenue share in 2021. The market is mainly driven by rise in demand for industrial processed foods and pharmaceuticals. Furthermore, on the basis of end user industry, the pharmaceutical segment is anticipated to grow rapidly during the forecast period, owing to rise in the online food retail sector, which is a result of developments in technological advancements and disposable income. However, additional operating costs of industrial cleaning equipment constraints growth of the market.
In 2021, Asia-Pacific dominated the global industrial cleaning equipment market, in terms of revenue, followed by North America and Europe. Moreover, the market in Asia-Pacific is anticipated to grow with high CAGR, owing to availability of its large pharmaceutical industry.
Advancements in industrial cleaning equipment have significantly increased usability of industrial cleaning equipment. Introduction of industrial cleaning equipment that operate autonomously are anticipated to provide lucrative opportunities for the industrial cleaning equipment market growth.
For instance, Avidbots Corp. offers a wide range of autonomous industrial cleaning equipment. Its machines do not require pre-training and can be used off the shelf. This will help in significantly reducing the operating cost.
However, during the pandemic lockdown, various manufacturers in the industrial cleaning equipment market had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of industrial cleaning equipment manufacturing companies. However, growth in the pharmaceutical industry during COVID-19, helped the industrial cleaning equipment market grow at a significant pace. Moreover, lack of manpower and raw materials constricted supply of raw materials for industrial cleaning equipment; thus, negatively influenced growth of the market. However, after two years of COVID-19 outbreak and introduction of vaccinations, severity of the pandemic has significantly reduced and key players in the market are recovering rapidly.
Key companies profiled in the industrial cleaning equipment market forecast report include Akshayaa Multi Cleaning Pvt. Ltd., Alfred Kärcher SE & Co. KG, Astol Cleantech Pvt. Ltd., Aubotz Labs Pvt Ltd, Avidbot corp., Blow-tech, Comac India, Dulevo International, Dynava, Eureka S.p.A., H&K Equipment, Kevac Srl, PressureJet, Roots Multiclean Ltd., SJE Corporation Ltd., Tennant Company, and Tornado Industries.
Key Findings of the Study
- The report provides an extensive analysis of the current and emerging industrial cleaning equipment market trends and dynamics.
- Depending on type, the floor sweeper segment dominated the industrial cleaning equipment market, in terms of revenue in 2021. It is projected to grow at a significant CAGR during the forecast period.
- By operation type, the manual segment accounted for the highest revenue share in 2021.
- By end user, the foods & beverages segment accounted for largest industrial cleaning equipment market share in 2021.
- Asia-Pacific is projected to register highest growth rate in the coming years.
- Key players within the industrial cleaning equipment market are profiled in this report and their strategies are analyzed thoroughly, which help understand competitive outlook of the industrial cleaning equipment industry.
- The report provides an extensive analysis of the industrial cleaning equipment market overview and emerging opportunities.
- In-depth industrial cleaning equipment market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.
Companies Mentioned
- Akshayaa Multi Cleaning Pvt. Ltd.
- Alfred Kärcher Se & Co. Kg
- Astol Cleantech Pvt. Ltd.
- Aubotz Labs Pvt Ltd
- Avidbot Corp.
- Blow-Tech
- Comac India
- Dulevo International
- Dynavac
- Eureka S.P.A.
- H&K Equipment
- Kevac Srl
- Pressurejet
- Roots Multiclean Ltd.
- Sje Corporation Ltd.
- Tennant Company
- Tornado Industries
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 230 |
Published | July 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 9118.9 million |
Forecasted Market Value ( USD | $ 14140.9 million |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Global |
No. of Companies Mentioned | 17 |