Industrial Vacuum Cleaner Market to Reach Over $871.6

WASHINGTON, Jan. 28, 2022 (Globe Newswire) — Recent Vantage market research analysis of the global industrial vacuum cleaners market has found that the growing benefits of industrial vacuum cleaners are accelerating market growth. Primarily driven by stringent safety and hygiene standards across industries, the global industrial vacuum cleaners market is expected to total USD 871.6 million by 2028, up from USD 623.6 million in 2021, at a compound annual growth rate (CAGR) of 4.9%.

Moreover, the increase in the adoption of automated systems is also expected to fuel the growth of the global industrial vacuum cleaner market, according to Vantage Market Research, in a report titled “Industrial Vacuum Cleaner Market By Type (Dry, Wet & Dry), By Power Source (Electric, Single Phase, Three Phase, Pneumatic), By Industry (Food & Beverage, Metalworking, Pharmaceutical, Manufacturing), By Region (North America, Europe, Asia Pacific, Middle East and Africa) – Global Industry Assessment (2016 – 2021) and Outlook (2022 – 2028)”.

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market dynamics:

Driver: Increase the benefits of industrial vacuum cleaners

The increasing benefits of industrial vacuum cleaners are expected to fuel the market growth during the forecast period. Industrial vacuum cleaners are used for cleaning large areas or for commercial purposes. Industrial vacuum cleaners offer various benefits across industries. Although the industrial vacuum cleaner is expensive, its use for long periods of time and its usefulness and effective cleaning in less time is a great benefit compared to its cost. Moreover, these vacuum cleaners are environmentally viable as they are equipped with the required disposal mechanism and help trap any dirt, mites, dust or other allergens from the floor. In addition, the use of this cleaner greatly reduces the time, energy and manpower required. Hence, due to the effective benefits offered by industrial vacuum cleaners, it has been in high demand from various industries.

Opportunity: The rapid pace of industrialization in emerging economies to stimulate market growth

The increase in manufacturing in emerging economies is expected to support the growth of the industrial vacuum cleaner market in the near future. The economic growth that comes from industry helps the population in developing economies to improve lives. The rapid pace of industrial growth and expansion in economies such as China and India and the increasing prominence of economic development over serious environmental problems has led to industrial growth in these regions. Moreover, increasing technological change and innovations for industrial growth is also expected to create more opportunities for market growth. However, the high cost of machinery and heavy structure of industrial vacuum cleaners may hamper the growth of the market. Moreover, the industrial vacuum cleaner market is very competitive and most of the players focus in research and development activities to bring more reliable and innovative products to consumers.

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Analysis of the impact of COVID-19:

The COVID-19 outbreak has affected many industries around the world. Governments around the world have implemented strict lockdown measures and social distancing measures in order to curb the rapid spread of the epidemic. Manufacturing facilities around the world were closed during the early stages of the pandemic. Moreover, the post-epidemic economic crisis may significantly delay the commercial spread of the industrial vacuum cleaner industry. SMEs are the backbone of technology providers and have been experiencing a sharp decline in revenue since the onset of the pandemic in 2020. Hence, the market players faced many challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will be made available online. The impact of COVID-19 on market demand is considered while estimating the current and projected market size and market growth trends for all regions and countries based on the following data points:

  1. Assessing the impact of the COVID-19 pandemic
    1. North America
    2. Europe
    3. Asia Pacific
    4. Latin america
    5. Middle East and Africa
  2. Quarterly revenue forecasts for the market from Asia Pacific 2020 and 2021
  3. Key strategies companies have taken to tackle COVID-19
  4. long term dynamics
  5. short term dynamics

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Industrial Vacuum Cleaners Market Report Highlights:

  • Market assessment
  • Distinctive insights
  • Competitive scene
  • COVID impact analysis
  • Historical data, estimates and forecasts
  • Company Profile
  • Global and Regional Dynamics

Regional Analysis:

The Asia Pacific region is witnessing the fastest growth in the global industrial vacuum cleaner market

The Asia Pacific region is likely to witness the fastest growth in the industrial vacuum cleaner market during the forecast period. This is attributed to the increasing adoption of advanced technologies by the industrial and commercial sectors in the region. Additionally, the strict government regulations in place regarding safety and hygiene is also expected to support the growth of the industrial vacuum cleaner market in the near future.

North America holds a significant market share in the global industrial vacuum cleaner market and is likely to continue in the same trend during the forecast period. This is attributed to the increase in stringent regulatory and economic factors in the region. Furthermore, innovation in product offerings and increased research and development activities are also expected to support the regional growth of the market.

List of Prominent Players in Industrial Vacuum Cleaners Market:

  • Nilfisk A/S (Denmark)
  • Alfred Kaercher GmbH & Co. Ltd. KG (Germany)
  • Comac SpA (Italy)
  • Tennant Corporation (USA)
  • Diversey, Inc. (United State)
  • Hako GmbH (Germany)
  • Dolphin industrial vacuum cleaners (Italy)
  • Numatic International Ltd. (United kingdom)
  • RGS Vacuum System (Italy)
  • Ruwac Industriesauger GmbH (Germany)
  • Industrial brooms Depureco (Italy)

Browse market spreadsheets, numbers spread across 178 pages, and in-depth table of contents on Industrial Vacuum Cleaner Market by Type (Dry, Wet & Dry), by Power Source (Electric, Single Phase, Three Phase, Pneumatic), by Industry (Food & Beverage, Metalworking, Pharmaceutical, Manufacturing), by Region (North America, Europe and Asia Pacific, Middle East and Africa) – Global Industry Assessment (2016 – 2021) and Outlook (2022 – 2028)” View Detailed Research Report Here – https://www.vantagemarketresearch.com/press-release/industrial-vacuum-cleaner-market-463060

Key questions answered in the report:

  • Which regional market will show the highest rapid growth?
  • Who are the top five players in the industrial vacuum cleaner market?
  • How will the industrial vacuum cleaner market change in the next six years?
  • What application and product will take the lion’s share of the industrial vacuum cleaner market?
  • What are the Industrial Vacuum Cleaner Market drivers and restraints?
  • What will the CAGR and Industrial Vacuum Cleaners market size be throughout the forecast period?

Recent Developments:

September 2018: Tennant has announced its acquisition of Gaomei Cleaning Equipment Company. The acquisition was a strategic move in line with the growth aspirations of the Chinese market and will enable Gaomei and Tennant to strengthen their position in the region by offering highly integrated product portfolios and differentiated approaches to market access.

April 2018: Delfin has announced the launch of its new Brushless Vacuum Cleaners range. The new range includes vacuum cleaners capable of meeting any dust, liquid or mixed suction needs, within the different Atex regions.

This market is titled “Industrial Vacuum Cleaners Market It will cover the exclusive information in terms of regional analysis, forecasting, quantitative data – units, major market trends and various other information as mentioned below:

Report feature details
Market size in 2021 623.6 million USD
Expected market size in 2028 871.6 million US dollars
CAGR growth rate A compound annual growth rate of 4.9% from 2022 to 2028
base year 2021
Historic years 2016 – 2020
prediction years 2022 – 2028
covered slices Type: – dry, wet, dry

Power source: – electric, single-phase, three-phase, three-phase

Industry: – Food and beverages, metalworking, pharmaceuticals, manufacturing, building and construction

Quantitative data – units Revenues in US$ Million/Billion and CAGR from 2022 to 2028
Covered areas North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Countries covered United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC countries and South Africa, among others
Report coverage Market growth drivers, restraints, and opportunities, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis, Organizational Landscape, Market Attractiveness Analysis by Segments and Region, Company Market Share Analysis, and COVID-19 Impact Analysis.

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