The analysts of a fresh business and commerce study by Transparency Market Research (TMR) have notified that the global industrial floor scrubbers market
is largely fragmented in nature, a few player do hold slightly stronger
position than the rest. The report has identified Bortek Industries,
Wiese, Inc., and Hako Holding GMBH & Co. KG are three companies who
were ahead of the curve in the world industrial floor scrubbers market
in 2016, although the continuous inflow of new entrants will continue
eat into their shares.
For the market leaders, the key
strategies are to expand their geographical footprint and concentrate on
strengthening their research and development activities, consequently
making it difficult for smaller players to compete in terms of
technology, reliability of products, and price. Tennant, Nilfisk,
Tornado, Comac, Fimap, iRobot Corporation, and IPC Gansow are some of
the other notable players currently aspiring greater shares in the
global industrial floor scrubbers market.
Global Industrial Floor Scrubbers Market to be worth US$6.62 bn by 2025
If the projections of the TMR report are
to be believed, during the forecast period of 2017 to 2025, the demand
in the global industrial floor scrubbers market will increment at an
impressive CAGR of 8.5%. By the end of the forecast period, 2025, the
analysts have estimated that the opportunities in the market will
translate into a revenue of US$6.62 bn, considerably up from its
evaluated worth of US$3.24 bn in 2016. In the near future, development
of new products that ideally meet the diverse demands from the end users
is expected to define the leader of an intensely competed vendor
landscape.
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Based on type, the report has segmented
the global industrial floor scrubbers market into ride-on scrubbers,
walk-behind scrubbers, and robotic scrubbers. As of 2017, the
walk-behind scrubbers segment provided for more than half (51%) of the
total demand, although the robotic scrubbers segment is primed to grow
at a stronger CAGR during the said forecast period.
This escalating demand for robotic
scrubbers is a reflection of persistent aspiration of various industries
to adopt automation methods that improve efficiency of monotonous
procedures and hence achieve incremented production. On the basis of
end-use industry, the market for industrial floor scrubbers has been
bifurcated into healthcare and pharmaceuticals, transportation,
hospitality, education, government, retail and food, and manufacturing
and warehousing. Geographically, the report highlights North America as
most lucrative region, which provided for 33.5% of the total demand,
while Europe emerged as second-leading regional market the same year.
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