PUBLISHER: Allied Market Research | PRODUCT CODE: 1344487
PUBLISHER: Allied Market Research | PRODUCT CODE: 1344487
According to a new report published by Allied Market Research, titled, "Robotic Floor Scrubber Market," The robotic floor scrubber market was valued at $178.9 million in 2022, and is estimated to reach $575.6 million by 2032, growing at a CAGR of 12.8% from 2023 to 2032.
Most of the demand for robotic floor scrubber machines is generated by the foods & beverages industry, homes, and commercial structures such as restaurants and amusement complexes. The requirement to keep floors clean has expanded as the indirect sector expands to prevent illnesses. This is anticipated to increase demand for robotic floor scrubber machines globally. Furthermore, throughout the forecast period, the global market for robotic floor scrubber machines is anticipated to benefit from strict government requirements that force all companies to maintain the highest level of cleanliness. Toxic chemicals utilized in the formulation of cleaning products and high cost of robotic floor scrubber machines, however, are anticipated to hinder the market expansion.
The increase in number of small-scale industries in emerging economies, as well as government initiatives to promote them, such the Pradhan Mantri Mudra Yojna and the "Credit Guarantee Fund Trust for Micro and Small Enterprises" (CGTMSE) are expected to boost industrial sector and foster the use of robotic floor scrubber machines for floor cleaning application. Robotic floor scrubber machines are frequently utilized in manufacturing factories; hence it is anticipated that an increase in the number of manufacturing companies would create possibilities for the robotic floor scrubber market to expand.
The robotic floor scrubber market is segmented on the basis of variant, sales type, battery run time, cleaning efficiency and region. By variant, the market is divided into only scrubber and scrubber & dryer. By sales type, it is bifurcated into new sales and aftermarket. On the basis of battery run time, it is classified into less than 4 hours and more than 4 hours. By cleaning efficiency, the market is divided into up to 1500 m2/hour and more than 1500 m2/hour. 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.