Autonomous Floor Scrubber Market Size to Reach Revenues of USD 1,476.26 Million by 2026 - Arizton
Key Highlights Offered in the Report:
1. The popular trend of automation, rising dependence on technology to enhance productivity, development in advanced technologies such as Artificial Intelligence (AI) and sensors provides significant growth opportunities for vendors in the market.
2. Retail & Shopping centres hold the highest share in the market. However, manufacturing and warehouse & logistics are expected to witness the highest growth rate with a CAGR of 15.61% and 14.66% respectively due to the rising automation and adoption of technically advanced products in these industries.
3. High labour cost in several developed countries is driving the demand for autonomous floor scrubber in the market.
4. Direct sales channel is leading the global autonomous floor scrubber market and is expected to grow at a CAGR of 11.40% from 2020-2026.
5. Autonomous floor scrubbers are majorly used for cleaning hard floors in a variety of industries such as healthcare, warehouse & logistics, manufacturing, retailing, airports, and others.
6. Autonomous floor scrubbers with cylindrical scrubber head are expected to witness the highest CAGR growth of 13.92% from 2020-2026
7. The market is highly competitive characterized by the presence of several vendors including Tennant, Nilfisk, Diversey, Hako Group, and others.
8. The global autonomous floor scrubber market witnessed a significant slowdown during the COVID-19 outbreak as most economic activities were halted in 2020, especially during Q1 and Q2. Most major revenue-generating end users such as airports, educational institutions, and retail establishments were significantly affected during the lockdown, leading to a decline in footfall, thereby affecting the product sales.
Key Offerings:
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Autonomous Floor Scrubber Market – Segmentation
Autonomous Floor Scrubber Market by Run Time
Autonomous Floor Scrubber Market by Scrubber Head Type
Autonomous Floor Scrubber Market by End User
Autonomous Floor Scrubber Market by Sales Channel
Autonomous Floor Scrubber Market – Dynamics
One of the most significant and emerging trends in industrial cleaning equipment is offering products that are environmentally safe. Green cleaning is increasingly becoming popular among populations worldwide. It mainly refers to the use of products that have a relatively lower impact on human health and the environment than other products. Also, the green cleaning technology focuses on low use of water and chemicals, lower emissions and air pollution, and use of machines that last longer. Providing sustainable and cost-effective cleaning solutions has also intensified the competition in the market. Industrial cleaning equipment manufacturers constantly leverage new technologies to meet various industrial needs, generating several opportunities for industry players. Many vendors in the market are increasingly tapping the opportunity to equip their products with features that promote sustainability and minimize the adverse impact of their operations on the environment.
Key Drivers and Trends fueling Market Growth:
Autonomous Floor Scrubber Market – Geography
North America holds a revenue share of 31.71% in the global autonomous floor scrubber market. North America is the leader in the global autonomous floor scrubber market owing to the rapid adoption across multiple end-user industries. The region consists of countries such as the US and Canada, which are very well established and are witnessing continuous growth. The growing investments and the rapid expansion of the commercial and the industrial sector across the region are offering promising opportunities for growth to the autonomous floor scrubber vendors in the market. The labor cost across North America is rising continuously, driving several end users toward technologies that minimize the expenditure on housekeeping and increase their productivity.
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Segmentation by Geography
Major Vendors
Other Prominent Vendors
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Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
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