
Published On: Aug 2022
Published On: Aug 2022
At 5.1% CAGR, the SAM Industrial Floor Scrubbers Market is projected to be worth US$ 310.48 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the SAM industrial floor scrubbers market was valued at US$ 207.71 million in 2021 and is expected to reach US$ 310.48 million by 2028, registering an annual growth rate of 5.1% from 2021 to 2028. Increasing environment and health concerns are the critical factors attributed to the market expansion.
The power of technology is propelling innovation in facilities management. The inclusion of intelligent, automated systems and gadgets across the linked building unlocks new possibilities, new experiences, and new efficiency. Customers and coworkers benefit from smart lighting, HVAC, and cleaning technology, while facility managers benefit from decreased management effort, cost savings, productivity benefits, and the delivery of higher operational standards and a better customer experience. The power of technology is propelling innovation in facilities management. The inclusion of intelligent, automated systems and gadgets across the linked building unlocks new possibilities, new experiences, and new efficiency. Customers and coworkers benefit from smart lighting, HVAC, and cleaning technology, while facility managers benefit from decreased management effort, cost savings, productivity benefits, and the delivery of higher operational standards and a better customer experience. Robotic automation's return on investment (ROI) differs every client, but end users may improve their ROI by looking at their processes holistically, according to Collins. Consider everything from lower expenses to increased worker productivity and better customer experiences when determining ROI. The continuous advancements in robotic floor scrubbers provides a lucrative opportunity for the growth of industrial floor scrubbers market during the forecasted period. This is expected to drive the market during the forecast period.
On the contrary, high cost floor scrubbers in their large-scale adoption of industrial floor scrubbers hurdles the growth of SAM industrial floor scrubbers market.
Based on offering, the SAM industrial floor scrubbers Market is divided into product and component. The product segment held 73.3% market share in 2021, amassing US$ 152.22 million. It is projected to garner US$ 221.83 million by 2028 to expand at 4.8% CAGR during 2021–2028.
Based on product, the SAM industrial floor scrubbers Market is categorized into walk-behind scrubbers, ride-on scrubbers, and robotic scrubbers. The walk-behind scrubbers segment held 45.4% market share in 2021, amassing US$ 69.15 million. It is projected to garner US$ 97.63 million by 2028 to expand at 4.4% CAGR during 2021–2028.
Based on end use, the SAM industrial floor scrubbers Market is categorized into healthcare and pharmaceuticals, government, hospitality, manufacturing and warehousing, retail, and others. The manufacturing and warehousing segment held 37.8% market share in 2021, amassing US$ 78.49million. It is projected to garner US$ 125.66 million by 2028 to expand at 6.0% CAGR during 2021–2028
Based on component, the SAM industrial floor scrubbers Market is categorized into brushes, pads, squeegees, and others. The others segment held 67.1% market share in 2021, amassing US$ 37.25 million. It is projected to garner US$ 58.71 million by 2028 to expand at 5.8% CAGR during 2021–2028
Based on country, the SAM industrial floor scrubbers market has been categorised into the Brazil, Argentina, and Rest of SAM. Our regional analysis states that Brazil captured 51.0% market share in 2021. It was assessed at US$ 105.97 million in 2021 and is likely to hit US$ 163.94 million by 2028, exhibiting a CAGR of 5.6% during the forecast period.
Key players dominating the SAM industrial floor scrubbers market are Amano Corporation; Hako GmbH; Nilfisk Group; Polivac International Pty Ltd; Roots Multiclean LTD; and Tenant Company among others.