Worldwide Floor Care Machines Market to Reach US$ 4,600 Mn by 2025 - Persistence Market Research

Worldwide Floor Care Machines Market to Reach US$ 4,600 Mn by 2025 - Persistence Market Research

PR Newswire

NEW YORK, February 12, 2018

NEW YORK, February 12, 2018 /PRNewswire/ --

Global Market Study on Floor Care Machines: Scrubbers to Hold About One-Third Revenue Share of the Global Market and Remain Dominant Machine Type Through 2025

The floor care machine market consists of different types of machines such as burnisher, scrubber, sweeper and vacuum cleaner. These machines are used for residential, commercial and industrial purposes. A new research report by Persistence Market Research analyzes the present and future scenario of the global floor care machine market for an eight year period from 2017 to 2025. The report titled 'Floor Care Machine Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)' presents in-depth insights on the floor care machine market during the forecast period. According to the report, the global floor care machine market is expected to witness an increase in demand, given the emerging trend of machine assisted cleaning around the globe. This detailed forecast of the floor care machine market indicates that the global market is anticipated to grow at a CAGR of 3.0% during the study period, with market size reaching over US$ 4,600 Mn by the end of 2025. The residential sector is expected to contribute the most with a higher growth rate than the other sectors during the forecast period.

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Trending: Integration of Innovative Technologies in Floor Care Machines  

To change the preferences of people towards the use of mechanized versions of floor cleaning, manufacturers are now focusing on integrating innovative technologies in floor care machines. The new floor care machines are more economical, compact in size and are also equipped with artificial intelligence. These products are available in the market in varying capacities, suitable for industrial, residential, as well as commercial applications. Some of the new floor cleaning machines are equipped with multiple cameras and sensors that use LIDAR (light detection and ranging) and sensitive bumpers to detect obstacles. Such floor cleaning machines are embedded with simultaneous localization and mapping (SLAM) technology to keep users aware of the location of the machines.

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Key Outcomes of the Segmental Analysis of the Global Floor Care Market 

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Competitive Landscape 

This comprehensive research report consists of a brief profile of all the key players operating in the global floor care machine market. The profile depicts a SWOT analysis of all these key players along with the current and future strategies of the companies. Some of the key players mentioned in the report are Nilfisk Group, Alfred Kärcher GmbH & Co. KG, Tennant Company, Hako Group (Minuteman Intl, and PowerBoss), EUREKA S.p.A. Unipersonale, International Cleaning Equipment (ICE), Comac SpA, Fimap S.p.A. etc.

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Persistence Market Research Overview 

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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