Industrial Vacuum Cleaner Global Market 2024 To Reach $1.27 Billion By 2028 At Rate Of 6.2%
The Business Research Company's Industrial Vacuum Cleaner Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LANDON, GREATER LANDON, UNITED KINGDOM, September 6, 2024 /EINPresswire.com/ -- The industrial vacuum cleaner market has experienced robust growth in recent years, expanding from $0.94 billion in 2023 to $1.00 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increased industrial activities, growing emphasis on workplace hygiene and safety standards, rising environmental awareness, expansion of healthcare facilities, investments in R&D.
What Is The Estimated Market Size Of The Global Industrial Vacuum Cleaner Market And Its Annual Growth Rate?
The industrial vacuum cleaner market is projected to continue its strong growth, reaching $1.27 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to growth in manufacturing and industrial sectors, higher focus on workplace safety and cleanliness standards, rising demand for green technologies, growing construction activities, focus on indoor air quality (IAQ).
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Growth Driver Of The Industrial Vacuum Cleaner Market
Growth of the hospitality sector is expected to propel the growth of the industrial vacuum cleaner market going forward. Hospitality sector refers to businesses and establishments that provide lodging, dining, and entertainment services to travelers and guests. Hospitality sector is fueled by growing travel and tourism, higher disposable incomes, and improved global connectivity. Industrial vacuum cleaner support the hospitality sector by maintaining cleanliness and hygiene in hotels and restaurants, contributing significantly to guest satisfaction and safety, and enhancing the overall visitor experience.
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Which Market Players Are Driving The Industrial Vacuum Cleaner Market Growth?
Key players in the industrial vacuum cleaner market include Robert Bosch GmbH, Milwaukee Tool Corporation, Makita Corporation, Husqvarna Group, Alfred Kärcher GmbH & Co. KG, Nilfisk Group, Schenck Process Holding GmbH, Tennant Company, Hako GmbH, Oreck Holdings LLC, Goodway Technologies Corp., Dynabrade Inc., EXAIR Corporation, Comac S.p.A., Dynavac Technologies Pvt. Ltd., Polivac International Pty Ltd, Numatic International Ltd.
What Are the Key Trends That Influence The Industrial Vacuum Cleaner Market Size?
Major companies operating in the industrial vacuum cleaner market are developing innovative technologies, such as incorporating advanced filtration systems to enhance dust and particle removal efficiency. Filtration systems are essential equipment designed to eliminate impurities and particles from fluids and gases by passing them through a filtering medium, serving critical roles across diverse industries such as automotive, pharmaceuticals, and food and beverage.
How Is The Global Industrial Vacuum Cleaner Market Segmented?
1) By Product: Backpack, Canister, Upright Source
2) By System Type: Stationary, Portable
3) By Mode Of Operations: Pneumatic, Electric
4) By Application: Explosion-Proof, Heavy-Duty, Medium-Duty
5) By End Use: Automotive, Pharmaceuticals, Construction, Metalworking, Food And Beverage, Other End Users
Geographical Insights: North America Leading The Industrial Vacuum Cleaner Market
North America was the largest region in the industrial vacuum cleaner market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial vacuum cleaner market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Industrial Vacuum Cleaner Market Definition
Industrial vacuum cleaner refers to a high-powered cleaning device designed for heavy duty applications in industrial environments, used to remove large amounts of dust, debris, and hazardous materials from areas like factory floors, workshops, and construction sites. These cleaners improve cleanliness, enhance safety, and increase efficiency in industrial settings.
Industrial Vacuum Cleaner Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
•Macroeconomic factors affecting the market in the short and long run
•Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global industrial vacuum cleaner market report covering trends, opportunities, strategies, and more
The Industrial Vacuum Cleaner Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on industrial vacuum cleaner market size, industrial vacuum cleaner market drivers and trends, industrial vacuum cleaner market major players, industrial vacuum cleaner competitors' revenues, industrial vacuum cleaner market positioning, and industrial vacuum cleaner market growth across geographies. The industrial vacuum cleaner market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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