Industrial Vacuum Cleaner Market to Attain US$ 1.65 Billion at a CAGR of 5% by 2033: Fact.MR Report

Industrial vacuum cleaner market in the United States is driven by a strong emphasis on industrial and commercial sectors, creating demand for efficient and high-performance cleaning solutions.

Rockville, Aug. 03, 2023 (GLOBE NEWSWIRE) -- According to the latest study by Fact.MR, a provider of market research and competitive intelligence, the global Industrial Vacuum Cleaner Market is forecasted to reach a value of US$ 1.65 billion by 2033, representing a CAGR of 5% over the next ten years.

Industrial vacuum cleaners work in the same way as regular cleaners, sucking in dust particles with suction caused by a motor spinning the fan into the dust bag attached to them. The key distinction is in the use of wet cleaning, as the industrial class provides options for water-based cleaning of flooring and other surfaces as well. Because of the greater amount of dust collected in industries, they are larger in size and motor capacity, allowing them to clean a broader area without requiring the disposal of their dust bags.

For More Insights into the Market, Request a Sample of this Report:https://www.factmr.com/connectus/sample?flag=S&rep_id=8774

One of the primary factors driving the growth of the industrial vacuum cleaner market is the rise in awareness about hygienic advantages and health concerns associated with the use of industrial vacuum cleaners. Furthermore, market advancements and innovative product releases have a favorable impact on the market. The industrial vacuum cleaners market experiences a positive influence due to rapid urbanization, lifestyle shifts, a surge in investments, and increased consumer spending.

Use of several industries, including chemicals, food and drinks, pharmaceuticals, automobiles, and electronics accelerates market expansion. Automation implementation across numerous industries propels the market forward. The emergence of wet and dry industrial vacuum cleaners as well as an increase in demand for industrial vacuum cleaners for heavy-duty applications aids in market expansion. Furthermore, the increased use of concrete vacuum cleaners aids in market expansion.

Key Takeaways from Market Study

The global industrial vacuum cleaner market is valued at US$ 990 million in 2023.

Worldwide demand for industrial vacuum cleaners is projected to increase at a CAGR of 5% from 2023 to 2033.

The global market is estimated to reach US$ 1.65 billion by the end of 2033.

In 2023, North America accounts for 39% of the global market share.

In 2022, canister vacuum cleaners dominated the market with a share of 25%.

In 2022, heavy-duty applications accounted for 55% share of overall market revenue.

“As end-user organizations are becoming more concerned about the hygiene, health, and safety of their employees, demand for industrial vacuum cleaners is rising across the world,” says a Fact.MR analyst.

Market Competition

With the presence of various providers, the global industrial vacuum cleaner market is escalating. The quickly changing technical environment is having a negative influence on the players, requiring them to constantly refresh their product portfolio.

The market is moderately fragmented, with a few large corporations regulating the competition. The intensity of the vendor pricing war is expected to stimulate product innovation over the next few years. The top players compete on quality, quantity, technology, services, and price.

In March 2022, ECOVACS, a prominent Chinese robotics company, unveiled its latest innovation the DEEBOT X1 OMNI. This robotic vacuum cleaner stands out for its incorporation of natural language processing technology, enabling direct command and speech interaction without the need for a separate smart device.

In the majority of regions, there is fierce competition in the industrial hoover cleaner market. Businesses are heavily investing in R&D to launch unique goods that meet the evolving needs of their customers. Businesses are concentrating on growing their distribution networks and channels in addition to developing new products to reach a wider market. In order to expand their distribution networks and enhance customer service, they are forging agreements with regional distributors and dealers.

Businesses are making an effort to stand out from the competition by developing innovative products, distribution systems, and client services. As the sector develops, businesses are using a variety of methods to stay competitive and meet the expanding needs of customers.

RGS Vacuum Systems with Energy Group-3D Printing Solutions established an additive manufacturing market for plastic and metal in March 2021. Energy Group, one of the leaders in technology and printing and the additive manufacturing business, has chosen RGS Vacuum Systems for its reliable and competent vacuum cleaners.

Key Companies Profiled

American Vacuum Company

Tennant Company

Nilfisk, Inc.

Alfred Kärcher GmbH & Co. KG

Hoover Commercial

Astol Cleantech Pvt. Ltd.

Kevac srl

Delfin Industrial Vacuums

Get Customization on this Report for Specific Research Solutions:https://www.factmr.com/connectus/sample?flag=RC&rep_id=8774

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global industrial vacuum cleaner market, presenting historical demand data for 2018 to 2022 and forecast statistics for 2023 to 2033.

The study divulges essential insights into the market based on type (dry, wet & dry), product type (upright, canister, backpack), system type (portable, stationary), application (heavy duty, medium duty, explosion proof), industry (food & beverages, metalworking, pharmaceuticals, manufacturing, building & construction), and power source (electric, single-phase, three-phase, pneumatic), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).

Most Trending Reports in Industrial Goods Industry:

Vacuum Pumps Market: The vacuum pumps market has likely to garner a market value of US$ 719.09 Mn in 2022, anticipated to register a positive CAGR of 7% in the forecast period 2022-2032 and reach a value of US$ 1,415 Mn.

Vacuum Excavator Market: The global vacuum excavator market is set to estimate a valuation of US$ 803.5 million in 2023 and it is anticipated to grow at a CAGR of 6.3% to reach US$ 1,516.5 million by the end of 2033.

Industrial Floor Scrubber Market: The industrial floor scrubber market worth is currently valued at US$ 3.4 Billion. Walk-behind scrubbers segment is driving the industrial floor scrubber market. Healthcare and pharmaceutical sector to provide most opportunities for the industrial floor scrubber industry players.

Industrial Dust Bag Filter Market: The global industrial dust bag filter market is estimated at USD 3,486 Million in 2022 and is forecast to surpass USD 5,735 Million by 2032, growing at a CAGR of 4.7% from 2022 to 2032.

Industrial Ladder Market: Industrial ladder market is estimated to grow at a CAGR of 6.1% during the forecast period. By the end of 2031, the market is anticipated to show immense sales opportunities. Increased residential and commercial development activity are the primary drivers.

About Us:

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client’s satisfaction.

Contact:US Sales Office:11140 Rockville PikeSuite 400Rockville, MD 20852United StatesTel: +1 (628) 251-1583Sales Team : [email protected]Follow Us: LinkedIn | Twitter | YouTube