Market analysts predict that the industrial vacuum cleaners market will grow from US$ 569.1 million in 2022 to US$ 944.81 million in 2032. Over the course of the anticipated period, the market is anticipated to grow at a CAGR of 5.2%, according to FMI.
The demand for industrial vacuum cleaners is rising as end-user companies show an increased interest in hygiene, health, and safety. Additionally, a clean workplace increases employee productivity, and industrial settings have unique cleaning challenges, both of which increase the demand for industrial vacuum cleaners.
Growing global concern about occupational safety and health, combined with stringent regulations to ensure the same, are the two critical factors likely to drive industrial vacuum cleaner sales in the coming years. Although the global industrial vacuum cleaners market is expected to grow at a steady rate of around 5.1 percent in 2019, it is predicted that after 2023.
The global industrial vacuum cleaners market will experience a sharp decline due to rising overall procurement expenditure due to import tariff duties on raw materials.In terms of volume sales, approximately 90,800 units are likely to be shipped in 2019, representing a relatively moderate CAGR during 2022–2028—the timeline considered in the scope of the study.
In 2022, it is anticipated that the heavy-duty application segment will hold over 55.5% of the global market share.
The most profitable industrial vacuum cleaners are used in heavy-duty applications, particularly in the food, beverage, and pharmaceutical industries. As a result of the requirement for increased fuel efficiency and stricter pollution restrictions, sales of industrial vacuum cleaners are predicted to increase significantly during the forecast period.
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While the food and beverage and pharmaceutical industries will remain the two prominent large-scale end-users of industrial vacuum cleaners, demand in the construction, metalworking, and automotive industries will also grow at a significant rate in the coming years. Applications of industrial vacuum cleaners in the automotive segment are estimated to grow owing to strong demand from the Asia-Pacific region, as per the report.
Increase Demand
Several workplace regulations demand the installation of industrial vacuum cleaners for a variety of applications—ranging from heavy blast materials, grain handling, pit cleaning, to combustible dust collection. The demand for industrial vacuum cleaners is anticipated to increase given that most deaths and injuries occur in confined work spaces during cleaning, maintenance, and inspection procedures, as recorded by the Occupational Health and Safety Administration (OSHA). In addition, in compliance with grades of dust classes, companies in the industrial vacuum cleaner landscape are manufacturing products with higher suction capabilities and improved filter designs.
APEJ Will Provide Installation Opportunities
- Several industrial vacuum cleaner manufacturers are focusing on developing innovative products—in terms of capacity and capability. Ranging from super-sized robot industrial vacuum cleaners for airports, equipped with large-capacity canisters along with multi-brushes and motors, to “smarter” variants having cameras and obstacle-detecting sensitive bumpers and sensors using LIDAR (Light Detection and Ranging) and Simultaneous Localization and Mapping (SLAM) technology for effective location tracking—such advancements are predicted to increase the adoption of industrial vacuum cleaners in the coming years.
- The adoption rate of industrial vacuum cleaners is anticipated to remain promising in emerging markets of APEJ, considering the shifting of production sites to low-cost facilities. APEJ will remain the most preferred centre for global companies to set up manufacturing facilities, which translates into the faster replacement of manual cleaning equipment. GCC countries, on the other hand, are projected to restrict dependence on oil by equipping the cleaning equipment with IoT sensors.
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Insights from Segmental Analysis
- According to the current market scenario, canister-type industrial vacuum cleaners will dominate the landscape, accounting for approximately 55% of the market.Better manoeuvrability combined with superior capacity and efficiency compared to upright and backpacks makes canister-type industrial vacuum cleaners extremely versatile and capable of cleaning numerous surfaces. However, FMI foresees growing demand for the other two variants, specifically in smaller work areas.
- Although electric industrial vacuum cleaners will dominate in terms of value and volume sales, accounting for approximately 78 percent of the market, the pneumatic mode type is expected to represent a promising demand landscape in the coming years, owing to its simpler designs and higher efficiency compared to electric variants.
- Portable industrial vacuum cleaners, by system type, will remain at the forefront due to their suitability in tight spaces versus stationary systems.
- The application of industrial vacuum cleaners for heavy-duty cleaning processes will generate maximum revenue, specifically in extensive food and beverage and pharmaceutical applications. The explosion-proof segment is estimated to capture around one-third of the total market value by 2028.
Competitive Landscape Analysis:
In a nutshell, the key focus remains on consolidation efforts in the highly competitive industrial vacuum cleaner market, as small and medium-sized manufacturers dominate the landscape.
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