Press release
Industrial Vacuum Cleaner Market to Reach a Valuation of US$ 729.9 Mn by 2027 End
The global industrial vacuum cleaner market is expected to witness a value and volume CAGR of 5.3% and 4.5% respectively during the forecast period. Market is anticipated to reach a market value of US$ 729.9 Mn by the end of 2027. “Industrial Vacuum Cleaner Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),” is the new publication of Future Market Insights which has also taken a review of a global vacuum cleaner market which is the parent market of global industrial vacuum cleaner market. According to this report, Industrial vacuum cleaners market account for nearly 2.5% to 3.0% of the total vacuum cleaners market and are valued at US$ 415.4 Mn by the end of 2016. North America, followed by Western Europe are the two dominating regions in industrial vacuum cleaners market. Asia Pacific excluding Japan and Middle East & Africa market are estimated to register substantial growth over the forecast period.
The Global Industrial Vacuum Cleaner Market: Key Takeaways of Forecast Factors
The growth in food and beverage industry is expected to have significant impact on the market over the forecast period
The growth in the global pharmaceutical industry is expected to have high impact over the next decade
The growth in the global residential construction as well as small scale commercial/ industrial construction is expected to have medium impact on the market over the forecast period
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The growth in the global industry value added is expected to have medium impact over the forecast period
The growth in the global automotive industry value added is expected to have low-medium impact over the forecast period
The growth in the global GDP is expected to have low-medium impact in the market growth over the forecast period
The Global Industrial Vacuum Cleaner Market: Segmental Analysis and Forecast
The global industrial vacuum cleaner market is segmented into product type, mode of operation, system type, application, and end use. The product type segment include upright, canister, and backpack segments. On the basis of product type, drift towards utilization of upright and backpack segment is expected in the forthcoming years. Upright segment is expected to grab 26.7% revenue share of the global market in the year 2017.
Mode of operation segment consist of electric and pneumatic segments. Electric industrial vacuum cleaner segment is projected to dominate the global market. The segment is estimated to lose 40 BPS between 2017 and 2027 and expand at a value CAGR of 5.2%. Strong demand for pneumatic is expected because of their less moving parts and not so complex design as compared. The electric segment, on the other hand, is estimated to gain 40 BPS between 2017 and 2027.
System type segment include portable and stationary segments. Portable type industrial vacuum cleaners are estimated to dominate the overall market over the forecast period. Portable type industrial vacuum cleaner is projected to create incremental $ opportunity worth US$ 225.8 Mn between 2017 and 2027
End use segment is divided into food & Beverage, pharmaceuticals, construction, metal working, automotive and others. Growth in end use industries such as automotive, pharmaceuticals, metal working and construction consequently, triggers the demand for cleaning equipment such as industrial vacuum cleaners.
The application segment includes, heavy duty, medium duty and explosion proof segments. Heavy duty industrial vacuum cleaner segment is projected to dominate the global market. The segment is estimated to lose 150 BPS between 2017 and 2027 while expanding at a value CAGR of 5.0%.
The Global Industrial Vacuum Cleaner Market: Regional Analysis and Forecast
North America, followed by Western Europe, is estimated to dominate the global industrial vacuum cleaner market during the forecast period. North America industrial vacuum cleaner market is projected to dominate the global market. The region is estimated to lose 100
BPS between 2017 and 2027 while expanding at a value CAGR of 5.0%.
Request to View TOC @ https://www.futuremarketinsights.com/askus/rep-gb-3516
The Global Industrial Vacuum Cleaner Market: Key Players
Some of the key players operating in the global industrial vacuum cleaner market are
Alfred Kärcher GmbH & Co. KG, American Vacuum Company, Nederman Holding AB, Nilfisk Group, Pullman Ermator AB, Goodway Technologies Corp., Hako GmbH, Tennant Company, NUMATIC INTERNATIONAL LTD, Vac-U-Max, Josef Kranzle GmbH & Co. KG, CS Unitec, Inc., RGS Vacuum Systems S.R.L, Michael Williams Engineering Ltd., Polivac International Pty Ltd, Quirepace Limited, Ghibli & Wirbel SpA, Tiger-Vac International Inc., Wieland Lufttechnik GmbH & Co. KG, G. Staehle GmbH u. Co. KG
ABOUT US:
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Future Market Insights
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com
The Global Industrial Vacuum Cleaner Market: Key Takeaways of Forecast Factors
The growth in food and beverage industry is expected to have significant impact on the market over the forecast period
The growth in the global pharmaceutical industry is expected to have high impact over the next decade
The growth in the global residential construction as well as small scale commercial/ industrial construction is expected to have medium impact on the market over the forecast period
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/REP-GB-3516
The growth in the global industry value added is expected to have medium impact over the forecast period
The growth in the global automotive industry value added is expected to have low-medium impact over the forecast period
The growth in the global GDP is expected to have low-medium impact in the market growth over the forecast period
The Global Industrial Vacuum Cleaner Market: Segmental Analysis and Forecast
The global industrial vacuum cleaner market is segmented into product type, mode of operation, system type, application, and end use. The product type segment include upright, canister, and backpack segments. On the basis of product type, drift towards utilization of upright and backpack segment is expected in the forthcoming years. Upright segment is expected to grab 26.7% revenue share of the global market in the year 2017.
Mode of operation segment consist of electric and pneumatic segments. Electric industrial vacuum cleaner segment is projected to dominate the global market. The segment is estimated to lose 40 BPS between 2017 and 2027 and expand at a value CAGR of 5.2%. Strong demand for pneumatic is expected because of their less moving parts and not so complex design as compared. The electric segment, on the other hand, is estimated to gain 40 BPS between 2017 and 2027.
System type segment include portable and stationary segments. Portable type industrial vacuum cleaners are estimated to dominate the overall market over the forecast period. Portable type industrial vacuum cleaner is projected to create incremental $ opportunity worth US$ 225.8 Mn between 2017 and 2027
End use segment is divided into food & Beverage, pharmaceuticals, construction, metal working, automotive and others. Growth in end use industries such as automotive, pharmaceuticals, metal working and construction consequently, triggers the demand for cleaning equipment such as industrial vacuum cleaners.
The application segment includes, heavy duty, medium duty and explosion proof segments. Heavy duty industrial vacuum cleaner segment is projected to dominate the global market. The segment is estimated to lose 150 BPS between 2017 and 2027 while expanding at a value CAGR of 5.0%.
The Global Industrial Vacuum Cleaner Market: Regional Analysis and Forecast
North America, followed by Western Europe, is estimated to dominate the global industrial vacuum cleaner market during the forecast period. North America industrial vacuum cleaner market is projected to dominate the global market. The region is estimated to lose 100
BPS between 2017 and 2027 while expanding at a value CAGR of 5.0%.
Request to View TOC @ https://www.futuremarketinsights.com/askus/rep-gb-3516
The Global Industrial Vacuum Cleaner Market: Key Players
Some of the key players operating in the global industrial vacuum cleaner market are
Alfred Kärcher GmbH & Co. KG, American Vacuum Company, Nederman Holding AB, Nilfisk Group, Pullman Ermator AB, Goodway Technologies Corp., Hako GmbH, Tennant Company, NUMATIC INTERNATIONAL LTD, Vac-U-Max, Josef Kranzle GmbH & Co. KG, CS Unitec, Inc., RGS Vacuum Systems S.R.L, Michael Williams Engineering Ltd., Polivac International Pty Ltd, Quirepace Limited, Ghibli & Wirbel SpA, Tiger-Vac International Inc., Wieland Lufttechnik GmbH & Co. KG, G. Staehle GmbH u. Co. KG
ABOUT US:
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Future Market Insights
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com
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