Global Industrial Vacuum Cleaners Market is expected to reach over US$ 771.2 Mn by the end of the forecast period.


Posted March 14, 2022 by PrasadD

Global Industrial Vacuum Cleaners Market is expected to reach over US$ 771.2 Mn by the end of the forecast period.
 
The report covers comprehensive information about Industrial Vacuum Cleaners market dynamics, volume (Units) and value (US$ Mn) projections, recent developments and competition landscape for the study period 2018 to 2028.

The global Industrial Vacuum Cleaners market is expected to reach over US$ 771.2 Mn by the end of the forecast period, witnessing a value CAGR of 5.3%. According to the analysis, in terms of volume, the global industrial vacuum cleaners market is estimated to reach 86,913 units by 2018 end and is anticipated to increase to 133,797 units by 2028, exhibiting a CAGR of 4.4% over the forecast period.

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Growing Demand for Machine Assisted Cleaning Tools Driving Revenue Growth of the Industrial Vacuum Cleaners Market

Increase in demand for cleaning machines, especially industrial vacuum cleaners, is being observed in Middle East & Africa. The shift from manual cleaning to technological vacuuming solutions in countries, such as Saudi Arab, UAE, Egypt and etc., is expected to give a boost to the market
The Cairo, International Airport Egypt, is equipped with 57 Kärcher machines that include industrial vacuum cleaners and other high pressure machines
Gulf countries are focusing on adopting technological innovations. For instance, Sharjah-based company, Bee’ah, which is a waste management company, has recently installed desert cleaner units
Similarly in October 2016, Dubai’s Municipality Waste management updated its fleet with sand scraper machines with beach cleaning.
Growing global concern towards occupational safety and health combined with stringency in regulations ensuring the same are the two critical factors likely to push industrial vacuum cleaners sales in the next few years. Although, the global industrial vacuum cleaners market is expected to expand at a steady growth rate of approximately 5.1 percent in 2019, it is estimated that post 2023, the global industrial vacuum cleaners market may witness steep fall considering growing overall procurement expenditure arising from import tariff duties on raw materials. In terms of volume sales, approximately 90,800 Units are likely to be shipped in 2019, representing a relatively moderate CAGR during 2018-2028—the timeline considered in the scope of the study.

While, food & beverage and pharmaceutical industries will remain the two prominent large-scale end-users of industrial vacuum cleaners, demand in construction, metal working, and automotive industries will also grow at a significant rate, in the coming years. Applications of industrial vacuum cleaners in automotive segment are estimated to grow owing to strong demand from Asia Pacific region, as per the report.

Design and Technological Innovations to Drive Sales; APEJ to Offer Installation Opportunities

Several industrial vacuum cleaners manufacturers are focusing on developing innovative products—in terms of capacity and capability. Ranging from super-sized robot industrial vacuum cleaners for airports, equipped with large-capacity canisters along with multi-brushes and motors to ‘smarter’ variants having cameras and obstacle-detecting sensitive bumpers and sensors using LIDAR (Light Detection and Ranging) and Simultaneous Localization and Mapping (SLAM) technology for effective location tracking—such advancements are predicted to increase the adoption of industrial vacuum cleaners in the coming years.
Adoption rate of industrial vacuum cleaners is anticipated to remain promising in emerging markets of APEJ, considering shifting of production sites to low-cost facilities. APEJ will remain the most preferred center for global companies to set up manufacturing facilities, translating into faster replacement of manual cleaning equipment. GCC countries, on the other hand, are projected to restrict dependence on oil by equipping the cleaning equipment with IoT sensors.
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Insights from Segmental Analysis

Based on the current market scenario, canister-type industrial vacuum cleaners will dominate the landscape, with approximately 55 percent market share. Better maneuverability combined with superior capacity and efficiency compared to upright and backpack makes canister-type industrial vacuum cleaners extremely versatile and capable of cleaning numerous surfaces. However, FMI foresees growing demand for the other two variants, specifically in smaller work areas.
On the basis of mode of operation, although Electric industrial vacuum cleaners will dominate in terms of value and volume sales, with approximately 78 percent market share, Pneumatic mode type is anticipated to represent a promising demand landscape in the coming years, given its simplistic designs and higher efficiency compared to electric variants.
Portable industrial vacuum cleaners, by system type, will remain at the forefront due to it suitability in tight spaces, versus stationary systems.
Application of industrial vacuum cleaners for heavy duty cleaning processes will generate maximum revenue, specifically in extensive food & beverage and pharmaceutical applications. Explosion proof segment is estimated to capture around one-third of the total market value by 2028-end.
Industrial Vacuum Cleaners Market: Segmentation

Application

Heavy Duty
Medium Duty
Explosion Proof
Mode of Operation

Electric
Pneumatic
System Type

Portable
Stationary
Product Type

Upright
Canister
Backpack
End Use

Food & Beverage
Pharmaceuticals
Construction
Metal Working
Automotive
Others
Region

North America
Latin America
Western Europe
Eastern Europe
China
India
Japan
SEA & Pacific
Middle East & Africa
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Competitive Landscape Analysis: In a nutshell, key focus remain on consolidation efforts in the highly competitive industrial vacuum cleaners market, as small and medium sized manufacturers dominate the landscape.

Tier-1 companies, such as Alfred Kärcher GmbH & Co. KG, Nilfisk, Inc., TTI Floor Care North America, and DELFIN are expected to hold a relatively larger market revenue slice, given the expansive product portfolio and efficient distribution channels.
Tier-2 companies, on the other hand, hold approximately 33 percent market share, showing string dominance over regional markets. Such companies include, Numatic International Ltd., G. Staehle GmbH u. Co. KG, and Ghibli & Wirbel SpA, among others.
Key manufactures of industrial vacuum cleaners are projected to focus on price reduction, wider product offering, and long-term distribution partnerships for a stronger local presence.
Considering substantial revenue opportunities in China, India, and SEAP, manufacturers are likely to aggressively push product in these markets through well-structured and efficient supply chain along with improved retailing network.
For more in-depth insights on the competitive landscape in the global industrial vacuum cleaners market, get in touch with the analyst at [email protected]
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Issued By fmi
Country United States
Categories Business
Last Updated March 14, 2022