According to the most recent analysis by Fact.MR, a market research and competitive intelligence company, the global Industrial Vacuum Cleaner Market is expected to reach US$ 1.65 billion by 2033, exhibiting a 5% CAGR over the next decade.
Industrial hoover cleaners operate in the same manner as conventional cleaners, sucking in dust particles using suction created by a motor spinning the fan into the dust bag attached. The important contrast is the usage of wet cleaning, as the industrial class also offers water-based cleaning alternatives for floors and other surfaces. Because of the greater amount of dust collected in industries, they are larger in size and motor capacity, allowing them to clean a broader area without requiring the disposal of their dust bags.
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One of the key factors driving the growth of the industrial hoover cleaner market is increased knowledge of the sanitary benefits and health risks connected with the use of industrial hoover cleaners. Furthermore, market advancements and novel product releases benefit the market. Rapid urbanisation, lifestyle shifts, a boom in investments, and higher consumer spending all have a beneficial impact on the industrial hoover cleaner market.
The use of many industries, including as chemicals, food and beverages, medicines, vehicles, and electronics, accelerates market growth. Automation implementation across several industries drives the market forward. The introduction of wet and dry industrial hoover cleaners, as well as increased demand for industrial hoover cleaners for heavy-duty applications, contribute to market growth.
Key Takeaways from Market Study:
- The global industrial vacuum cleaner market is valued at US$ 990 million in 2023.
- Worldwide demand for industrial vacuum cleaners is projected to increase at a CAGR of 5% from 2023 to 2033.
- The global market is estimated to reach US$ 1.65 billion by the end of 2033.
- In 2023, North America accounts for 39% of the global market share.
- In 2022, canister vacuum cleaners dominated the market with a share of 25%.
- In 2022, heavy-duty applications accounted for 55% share of overall market revenue.
“As end-user organizations are becoming more concerned about the hygiene, health, and safety of their employees, demand for industrial vacuum cleaners is rising across the world,” says a Fact.MR analyst.
Market Competition
With the presence of various providers, the worldwide industrial hoover cleaner market is expanding. The rapidly changing technical environment has a negative impact on the players, forcing them to regularly renew their product line.
The market is moderately fragmented, with a few large businesses controlling competition. The intensity of the vendor pricing war is projected to drive product innovation in the coming years. The leading companies compete on quality, quantity, technology, services, and price.
•In March 2022, ECOVACS, a well-known Chinese robots business, debuted its latest creation, the DEEBOT X1 OMNI. This robotic hoover cleaner distinguishes out due to its use of natural language processing technology, which allows for direct command and vocal interaction without the need for an additional smart device.
In the majority of regions, there is fierce competition in the industrial hoover cleaner market. Businesses are heavily investing in R&D to launch unique goods that meet the evolving needs of their customers. Businesses are concentrating on growing their distribution networks and channels in addition to developing new products to reach a wider market. In order to expand their distribution networks and enhance customer service, they are forging agreements with regional distributors and dealers.
Businesses are making an effort to stand out from the competition by developing innovative products, distribution systems, and client services. As the sector develops, businesses are using a variety of methods to stay competitive and meet the expanding needs of customers.
- RGS Vacuum Systems with Energy Group-3D Printing Solutions established an additive manufacturing market for plastic and metal in March 2021. Energy Group, one of the leaders in technology and printing and the additive manufacturing business, has chosen RGS Vacuum Systems for its reliable and competent vacuum cleaners.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global industrial vacuum cleaner market, presenting historical demand data for 2018 to 2022 and forecast statistics for 2023 to 2033.
The study divulges essential insights into the market based on type (dry, wet & dry), product type (upright, canister, backpack), system type (portable, stationary), application (heavy duty, medium duty, explosion proof), industry (food & beverages, metalworking, pharmaceuticals, manufacturing, building & construction), and power source (electric, single-phase, three-phase, pneumatic), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
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