INDUSTRIAL FLOOR SCRUBBERS MARKET ANALYSIS - PowerPoint PPT Presentation

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INDUSTRIAL FLOOR SCRUBBERS MARKET ANALYSIS

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Industrial flood scrubber is an electric/electronic device that is used in cleaning of floors. Industrial floor scrubbers reduce labor costs and save the budget in dollars. Floor scrubbers are available in various configurations and sizes depending on the industrial needs. Furthermore, with advancements in the field of robotics, autonomous floor scrubbing robots are now available in the market. Currently, the traditional bucket and mop cleaning equipment are being replaced with more efficient and versatile scrubbing machines in a bid to meet the sustainability goals. The global industrial floor scrubbers market was valued for US$ 3,914.0 Mn in 2019 is expected to exhibit a CAGR of 9.0% during the forecast period – PowerPoint PPT presentation

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Title: INDUSTRIAL FLOOR SCRUBBERS MARKET ANALYSIS


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com
  • INDUSTRIAL FLOOR SCRUBBERS MARKET ANALYSIS

2
Market Overview
  • An industrial floor scrubber is a floor-cleaning
    device to clean the facility in a short period of
    time. Industrial floor scrubbers are different
    from conventional floor scrubbers that can be
    used for high-load activities. Industrial floor
    scrubbers help in reducing labor costs and save
    the budget in dollars. Floor scrubbers are
    available in various configurations and sizes
    depending on the industrial needs. The
    large-sized floor scrubbers carry more water and
    larger batteries as compared to small-sized floor
    scrubbers. There are different types of floor
    scrubbers available including robotic scrubber,
    ride-on floor scrubber, walk-behind scrubber,
    etc. These scrubbers find applications in various
    sectors such as hospitality, transportation,
    warehousing, and pharmaceuticals.
  • The global industrial floor scrubbers market was
    valued for US 3,914.0 Mn in 2019 is expected to
    exhibit a CAGR of 9.0 during the forecast period

3
Market Dynamics- Drivers
  • Rising adoption of green cleaning technologies is
    expected to drive growth of the global industrial
    floor scrubbers market during the forecast period
  • Increasing proactive government initiatives
    combined with comprehensive regulatory norms has
    increased the adoption of green cleaning
    technologies to make a sustainable environment.
    For instance, various emerging economies such as
    Brazil, China, India, and Japan are changing
    their traditional cleaning technologies by
    adopting new sustainable policies for green
    growth. Moreover, numerous cleaning departments
    around the globe are adopting green cleaning
    practices and products, in order to achieve
    higher sustainability and comply with regulatory
    norms. Growing environmental sustainability
    concerns have increased compelled manufacturers
    to invest in RD activities to come up with
    environment-friendly solutions. Thus, these
    factors are expected to drive growth of the
    market in the near future.
  • Rampant technological advancements in the field
    of robotics are expected to propel the global
    industrial floor scrubbers market growth over the
    forecast period
  • Technological advancements in the field of
    robotics have incorporated enhanced efficiency
    and speed in production and supply. There is high
    demand for robotic floor scrubbers from various
    industries including healthcare
    pharmaceuticals, hospitality, retail, food,
    manufacturing, and warehousing. Furthermore, many
    key players in the market are focused on
    introducing high-end robotic scrubbers, owing to
    growing demand, labor shortages, and requirement
    for higher productivity. For instance, in June
    2015, Tennant, Co. launched T300 and T300e
    walk-behind scrubber, a new automatic scrubber,
    with the aim of strengthening its product
    portfolio of cleaning solutions. Therefore, these
    factors are expected to propel growth of the
    global industrial floor scrubbers market over the
    forecast period.

4
  • North America region dominated the global
    industrial floor scrubbers market in 2019,
    accounting for 33.3 share in terms of value,
    followed by Europe and Asia-Pacific, respectively

5
Market Dynamics- Restraints
  • High cost product is expected to hamper the
    global industrial floor scrubbers market growth
    over the forecast period
  • High cost associated with industrial scrubber is
    major restricting factor in the market. Moreover,
    there are concerns regarding the additional cost
    of battery, electricity or maintenance associated
    with these machines. Although vendors are focused
    on providing energy-efficient products, these
    factors are expected to hinder the market growth
    in the near future.
  • Low industrialization and availability of
    low-cost manual labor in emerging economies is
    expected to restrain growth of the global
    industrial floor scrubbers market during the
    forecast period
  • In emerging economies such as India and China,
    manual workers are preferred over floor scrubbers
    because of the availability of low cost manual
    labor. As a result of this, the demand for floor
    scrubbers from emerging economies remains low as
    compared to developed countries.

6
Market Opportunities
  • Advent of AI-enabled floor scrubbers can provide
    major growth opportunities
  • Artificial intelligence is an evolving technology
    that helps execute tasks normally requiring human
    intellect, such as job scheduling, visual
    perception, decision-making, and language
    translation. AI-enabled flood scrubbers provide
    major business opportunities for market players.
    This can help caretakers to optimize proficiency
    establish values and best practices for the usage
    of robots in janitorial services.
  • Untapped geographical potential can pose
    significant business opportunities
  • Various emerging economies such as Latin America,
    Asia Pacific, and Middle East Africa are
    expected to boost the demand for industrial floor
    scrubbers in the near future. This is owing to
    high emphasis on adoption of new technologies,
    growing consumer awareness, and improving living
    standards. Industrial floor scrubbers will be
    majorly in demand across Asia Pacific, Latin
    America, and Middle East Africa as these models
    are expected to gain traction due to the energy-
    and environment-related advantages associated
    with the industrial floor scrubbers.

7
Market Trends
  • Increasing adoption of small-sized floor
    scrubbers
  • Many end-use industries are increasingly adopting
    small-sized scrubbers and the trend is expected
    to continue during the forecast period.
    Technological advancements have allowed companies
    to manufacture small-sized floor scrubbers. Such
    scrubbers can reach out and clean complex and
    narrow locations efficiently where normal floor
    scrubbers cannot be used. For instance, in August
    2013, Nilfisk-Advance, Inc. introduced the
    Advance SC35 battery-operated disc micro scrubber
    to their floor scrubber portfolio.
  • Growing demand for affordable and noiseless floor
    scrubbers
  • There is high demand for affordable floor
    scrubbers from various industries, which in turn,
    is expected to drive the market growth. Moreover,
    there is a constant demand for floor scrubbers
    that are quieter, more maneuverable, and more
    economical as compared to other options. These
    floor scrubbers are environment-friendly and
    hence are majorly used in hospitality, education,
    and healthcare sectors. For instance, Tennant,
    Co. is currently planning to design
    groundbreaking floor scrubbers that offer easier
    clean-out as well as quieter operation with
    enhanced filtrations on floor scrubbers and
    burnishers.

8
Segment Information
  • In global industrial floor scrubbers market, by
    type segment, Walk-behind Scrubber sub-segment
    dominated the global industrial floor scrubbers
    market in 2019, accounting for 51.5 share in
    terms of value, followed by ride-on scrubbers and
    robotic floor scrubbers.

9
Value Chain Analysis
  • The value chain of the industrial floor scrubbers
    consists of raw material providers, comprehensive
    distribution channel and services that are
    provided by industrial floor scrubbers
    manufacturer to the end-users
  • The raw material provider can either be company
    owned or any third party depending on the
    strategic planning adopted by the manufacturer
  • Distribution channel is another indispensable
    participant of the value chain. In order to
    efficiently penetrate in rural and urban area,
    companies are adopting multiple ways of selling
    and distributing industrial floor scrubbers and
    accessories. Use of e-commerce platform as a part
    of distribution is the recent trend.

10
Competitive Section
  • Key companies involved in the global industrial
    floor scrubber market are Alfred Karcher GmbH
    Co. KG, Nilfisk-Advance, Inc., Bortek Industries,
    Inc., Tornado Industries, Inc., Factory Cat,
    iRobot Corporation, Tennant Company, Ecovacs
    Robotics, and Hako Holding GmbH Co. KG.

11
Key Developments
  • Key companies in the market are focused on
    product launches, in order to expand product
    portfolio. For instance, in May 2019, iRobot
    Corporation introduced a pair of robotic mop and
    vacuum named Roomba s9 and Braava Jet m6.
  • Major market players are involved in product
    development, in order to enhance the market
    presence. For instance, in April 2018, Tennant
    Company introduced its first autonomous floor
    care machine T7 that can be operated in complex,
    real-world environments.

12
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  • Reference
  • https//www.coherentmarketinsights.com/marke
    t-insight/industrial-floor-scrubbers-market-3703

13
About Us
  • Coherent Market Insights is a global market
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14
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15
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