Industrial Vacuum Cleaner market size is expected to reach $739 million by 2026 at a CAGR of 5.1% during the forecast period 2021-2026, owing to the stringent regulations related to health, safety, and hygiene in various industries, adoption of technological vacuuming solutions replacing manual cleaning options, and demand for high suction power vacuum cleaners with large canisters. In addition, rising demand for industrial vacuum cleaners across various industries in emerging economies is expected to provide immense opportunities to the global industrial vacuum cleaner market players.
Competitive Landscape :
The top 5 players in the Industrial Vacuum Cleaner Industry are –
1. American Vacuum Company
2. Comac S P A
3. Debus GmbH
4. Delfin Industrial Vacuum
5. Depureco Industrial Vacuum
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Segmental Analysis :
1.Electric vacuum cleaners are growing at highest CAGR of 7.4% in the forecast period as these cleaners are more flexible, easier to use, and more efficient than pneumatic vacuum cleaners.
2. Industrial vacuum cleaner in metal industry is growing at a highest CAGR of 7.2% in the forecast period, as it is the most effective solution for the metal industry, as it can clean machines and power tools from metal shavings after each production cycle.
3. The industrial vacuum cleaner market in North America region as held significant market share of 37.5% in 2020 owing to the strict regulatory and economic factors are majorly spurring this growth.
Report Coverage |
|
Report Attributes |
Details |
By Type |
Dry, Wet & Dry
|
By Industry |
Metalworking, Pharmaceutical, Food & Beverage, Building and Construction, Manufacturing |
By Geography |
North America, Europe, Asia-Pacific, South America and Rest of World |
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Market Drivers and Challenges :
1. Growing advancements in industrial vacuum cleaner: Technological advancements in industrial vacuum cleaner is analyzed to drive the market growth in the forecast period.
2. Rising adoption industrial vacuum cleaner in food and beverage industry: The presence of stringent government regulations regarding safety and hygiene in the food and beverage industry proves to be a major driver for the growth of Industrial Vacuum Cleaners.
3. Large size and high maintenance: However, increased cost and heavy setup due to their large size and rising maintenance of these machines and competitiveness of products in the market are the major factors among others which hamper the market growth in the forecast period 2021-2026.
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