The industrial vacuum cleaner market was valued at $956.80 million in 2022 and is estimated to reach $1.71 Billion by 2032, exhibiting a CAGR of 5.9% from 2023 to 2032. Industries often use substances that are difficult to clean such as oil, grease, and fine dust. Thus, to maintain hygienic conditions, industrial cleaning equipment such as vacuum cleaners are extensively used. Each vacuum cleaner for industrial use is engineered with a specific goal; its features make it suitable for any dust, solids or liquids application. The right configuration of the industrial vacuum cleaner depends on the suction power needed and the amount and morphology of the material suctioned.
Industrial vacuum cleaners are available in a wide range of sizes, capacities, and types in the market, thereby making it usable by small-and large-scale industries. Industrial vacuum cleaners are registering a rise in popularity, owing to their advantageous features such as fast paced cleaning and their ability to clean difficult-to-access spaces.
The rise in demand for food & beverage products across the world is anticipated to drive the growth of the industrial vacuum cleaner market. In addition, growth in the pharmaceutical sector, owing to the rise in population and onset of new viruses and diseases is anticipated to drive the demand for industrial vacuum cleaners. However, the high cost of operation of industrial vacuum cleaner restraints the growth of the market. Furthermore, development of autonomous industrial vacuum cleaners and favorable government initiatives to support small-scale industrial sectors are expected to provide lucrative opportunities for the growth of the market.
Furthermore, the conflict between Ukraine and Russia has had far-reaching effects, significantly affecting global inflation rates. As a direct result, there has been Increased volatility in the price of basic commodities like oil and gas, which has made a variety of sectors unpredictable. These economic downturn has had a visible impact on the industrial vacuum cleaner industry and its related industries, which have seen an obstruction in growth. The difficulty faced by manufacturers and suppliers has been greatly exacerbated by the growing costs and erratic availability of necessary resources. As businesses navigate through these uncertain times, they must adapt their strategies to mitigate the adverse effects of Increased inflation and volatile commodity prices, fostering resilience and seeking alternative approaches to sustain growth.
The industrial vacuum cleaner market is segmented on the basis of product type, mode of operation, end-user industry and region. By product type, the market is categorized into upright, canisters and backpacks. On the basis of mode of operation, it is bifurcated into electric and pneumatic. On the basis of end-user industry, it is categorized into food & beverages, electronics, pharmaceuticals, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Major players that operate in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market.
Industrial vacuum cleaners are available in a wide range of sizes, capacities, and types in the market, thereby making it usable by small-and large-scale industries. Industrial vacuum cleaners are registering a rise in popularity, owing to their advantageous features such as fast paced cleaning and their ability to clean difficult-to-access spaces.
The rise in demand for food & beverage products across the world is anticipated to drive the growth of the industrial vacuum cleaner market. In addition, growth in the pharmaceutical sector, owing to the rise in population and onset of new viruses and diseases is anticipated to drive the demand for industrial vacuum cleaners. However, the high cost of operation of industrial vacuum cleaner restraints the growth of the market. Furthermore, development of autonomous industrial vacuum cleaners and favorable government initiatives to support small-scale industrial sectors are expected to provide lucrative opportunities for the growth of the market.
Furthermore, the conflict between Ukraine and Russia has had far-reaching effects, significantly affecting global inflation rates. As a direct result, there has been Increased volatility in the price of basic commodities like oil and gas, which has made a variety of sectors unpredictable. These economic downturn has had a visible impact on the industrial vacuum cleaner industry and its related industries, which have seen an obstruction in growth. The difficulty faced by manufacturers and suppliers has been greatly exacerbated by the growing costs and erratic availability of necessary resources. As businesses navigate through these uncertain times, they must adapt their strategies to mitigate the adverse effects of Increased inflation and volatile commodity prices, fostering resilience and seeking alternative approaches to sustain growth.
The industrial vacuum cleaner market is segmented on the basis of product type, mode of operation, end-user industry and region. By product type, the market is categorized into upright, canisters and backpacks. On the basis of mode of operation, it is bifurcated into electric and pneumatic. On the basis of end-user industry, it is categorized into food & beverages, electronics, pharmaceuticals, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Major players that operate in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market.
Competition Analysis
Competitive analysis and profiles of the major players in the industrial vacuum cleaner market are provided in the report. Major companies in the report Include, Alfred Kärcher GmbH & Co. KG., Astol Cleantech Pvt. Ltd., Dynavac, Kevac srl, SJE Corporation Ltd., Tennant Company, American Vacuum Company, Nilfisk, Inc., Hoover Commercial, and Delfin Industrial Vacuums.Key benefits for stakeholders
- The report provides an extensive analysis of the current and emerging industrial vacuum cleaner market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key market segments between 2022 and 2032.
- Extensive analysis of the industrial vacuum cleaner market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
- The global industrial vacuum cleaner market forecast analysis from 2023 to 2032 is Included in the report.
Key Market Players
within the industrial vacuum cleaner market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the industrial vacuum cleaner industry.Key Market Segments
By Product Type
- Upright
- Canisters
- Backpacks
- Others
By Mode of Operation
- Electric
- Pneumatic
By End-User
Industry- Foods and beverages
- Electronics
- Pharmaceuticals
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Hoover Commercial
- Tennant Company
- SJE Corporation Ltd.
- Nilfisk Group
- American Vacuum Company
- Kevac srl
- Delfinvacuums
- dynavac
- ACPL GROUP
- Alfred Kärcher GmbH & Co. KG
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: INDUSTRIAL VACUUM CLEANER MARKET, BY PRODUCT TYPE
CHAPTER 5: INDUSTRIAL VACUUM CLEANER MARKET, BY MODE OF OPERATION
CHAPTER 6: INDUSTRIAL VACUUM CLEANER MARKET, BY END-USER INDUSTRY
CHAPTER 7: INDUSTRIAL VACUUM CLEANER MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to a new report, titled, 'Industrial Vacuum Cleaner Market,' The industrial vacuum cleaner market was valued at $956.80 million in 2022, and is estimated to reach $1.7 billion by 2032, growing at a CAGR of 5.9% from 2023 to 2032. Industrial vacuum cleaners are extensively used in industries to maintain hygienic conditions by effectively cleaning substances like oil, grease, and fine dust. These vacuum cleaners are designed with specific features to handle various types of dust, solids, or liquids. The configuration of an industrial vacuum cleaner depends on factors such as required suction power and the nature and quantity of the material to be suctioned.Key factors driving the growth of the industrial vacuum cleaner market include growth of the manufacturing industry, necessity for maintaining hygienic conditions in a manufacturing facility, and growth of food and beverages industry. The manufacturing sector is witnessing a significant rise. Despite COVID-19, the manufacturing sector recovered quickly. According to the United Nations Industrial Development Organization, manufacturing production in 2021 increased by 9.4%, from a COVID-19 induced drop of 4.2% in 2020. Moreover, sectors such as pharmaceuticals, food and beverage, and consumer electronics have also witnessed a notable rise. For instance, Indian pharmaceutical sector witnessed a total foreign direct investment (FDI) inflow of $18.59 billion in the past two decades from 2000 to 2021. Moreover, governments across the globe are offering tax benefits to various companies to set up manufacturing facilities in their respective countries. In addition, Vietnam is building two Industrial parks in Binh Duong at an estimated cost of $280 million. Such factors and instances are anticipated to positively influence the manufacturing sector; thereby, driving demand in the industrial vacuum cleaner market. Moreover, Food & beverages industry is witnessing a rapid growth, owing to various factors such as rise in disposable income of people, especially in developed nations, growth of online food retail, and rise in trend of dining out, especially in developing nations. Moreover, rise in technological advancements that have enabled restaurants also plays a crucial role in increasing sales of food & beverages. In addition, according to Lavu, a technological solutions provider for restaurants, growth rate for online food ordering and restaurant delivery has been over 20% in past five years. Such factors are anticipated to drive demand for industrial vacuum cleaner as food and beverages industry is a major end-user of vacuum cleaners.
Small scale industries play a vital role in the development of an economy, especially an emerging economy. Countries such as India, China, Vietnam, Cyprus, Indonesia, and Brazil have various programs and initiatives to support development of small-scale industries. For instance, in February 2021, Cyprus unveiled its eligibility criteria for ‘Thalia’ scheme for Cyprus-based SMEs. Under this scheme Cyprus offered a grant of $226,520 to SMEs. Moreover, the government of India introduced various schemes, such as ‘Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)’, ‘Pradhan Mantri Mudra Yojna,’ and others to support small-scale industries. Such programs have been successful in driving growth of the small-scale industrial sector in the last decade and is expected to grow further in the coming years. Since industrial vacuum cleaner is widely used in plants of manufacturing firms. Hence, a rise in number of manufacturing firms is expected to provide opportunities for growth of the industrial vacuum cleaner market.
The industrial vacuum cleaner market is segmented on the basis of product type, mode of operation, end-user industry and region. By product type, the market is categorized into upright, canisters, backpacks, and others. On the basis of mode of operation, it is bifurcated into electric and pneumatic. On the basis of end-user industry, it is categorized into food & beverages, electronics, pharmaceuticals, and others. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Competitive analysis and profiles of the major players in the industrial vacuum cleaner market are provided in the report. Major companies in the report include, Alfred Kärcher GmbH & Co. KG., Astol Cleantech Pvt. Ltd., Dynavac, Kevac srl, SJE Corporation Ltd., Tennant Company, American Vacuum Company, Nilfisk, Inc., Hoover Commercial, and Delfin Industrial Vacuums. Major players in order to remain competitive continuously innovate their product offerings.
Key Market Insights
- By product type, the canister industrial vacuum cleaner segment was the highest revenue contributor to the market and is estimated to reach $394.4 million by 2032, with a CAGR of 5.8%.
- By mode of operation, the electric segment dominated the global market. However, the pneumatic segment is expected to be the fastest-growing segment with a CAGR of 6.2% during the forecast period.
- Based on end-user industry, the food & beverages segment was the highest revenue contributor to the market, which is expected to grow at a CAGR of 5.7% during the forecast period.
- Based on region, Asia-Pacific garnered the largest revenue share in 2022, and the same is anticipated to grow at the highest CAGR of 6.5% during the forecast period.
Companies Mentioned
- Hoover Commercial
- Tennant Company
- SJE Corporation Ltd.
- Nilfisk Group
- American Vacuum Company
- Kevac srl
- Delfinvacuums
- dynavac
- ACPL GROUP
- Alfred Kärcher GmbH & Co. KG
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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