The global compact road sweepers market size is expected to reach US$ 2.4 Billion in 2022. Sales of compact road sweepers are anticipated to grow at a CAGR of 4.1% in the forecast period from 2022 to 2032. It is likely to be valued at US$ 6.9 Billion in 2032. The ability of compact road sweepers to operate in a very less amount of fuel is set to drive the market.
Compact road sweepers are extensively utilized to clean lanes and roads. These have small structures and thus are considered to be ideal for confined spaces, especially in urban areas.
The demand for compact road sweepers is set to surge at a rapid pace in near future owing to the urgent need for environmental cleanliness to prevent various chronic illnesses.
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The higher prevalence of malaria, dengue fever, and cholera because of unclean surroundings is a major factor that is projected to propel the market. According to the World Health Organization (WHO), there were nearly 241 million cases of malaria in 2020 worldwide. This number is set to grow in future, thereby driving the sales of compact road sweepers.
The ongoing construction of smart cities and rapid urbanization are expected to augur well for the market. In addition to that, the increasing focus of regulatory bodies on finding various energy-efficient modes of transportation is another crucial factor that is likely to push sales.
How is the Demand for Mechanical Broom Sweepers Pushing the Compact Road Sweepers Market Growth
Increasing awareness among people in urban areas regarding the maintenance of a clean environment is set to fuel the compact road sweepers market growth in the assessment period. As compared to manual labor, these sweepers can cover a larger area and take very less time to clean.
Moreover, ongoing industrialization and increasing migration of people through airports are some of the other significant factors that are anticipated to bolster the market. Mechanical broom sweepers are gaining immense popularity across the globe backed by their ability to pick up packed-down or heavy materials, such as road millings. It is also estimated to bode well for the global market.
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Which Factors May Hinder the Compact Road Sweepers Market Growth
Though compact road sweepers are mainly preferred in the cleaning of narrow-lane streets, these are associated with shortfalls, such as spending more time in floating and cleaning dust. Hence, manufacturers are striving to strategically distribute their products to enhance sales in emerging economies. They are aiming to surge the availability of sweepers equipped with novel disposable systems that would deliver ease in working. Spurred by the aforementioned factors, sales of compact road sweepers may decline in the upcoming years.
Is the Rising Number of Manufacturers Driving the North America Compact Road Sweepers Market
Based on region, North America is anticipated to procure the largest compact road sweepers market share in the evaluation period. The presence of several manufacturers in the U.S. and Canada is likely to drive the regional market.
These manufacturers are mainly focusing on adopting new designs and producing technologically advanced road sweepers to keep up with the upcoming trends. Also, the rising number of new commercial spaces, malls, and city centers across this region is set to accelerate the market.
Market Competition
Some of the leading companies in the global compact road sweepers market include Alfred Karcher, Bucher (Johnston), Road Machinery LLC, Fayat Group, Global Environmental Products, Inc., Faun, Hako GmbH, Dulevo, Aebi Schmidt, and Boschung among others.
The global market is highly competitive with the presence of a large number of domestic and international players. Majority of these key players are increasingly focusing on developing cutting-edge road sweepers to cater to the ever-increasing demand from customers. A few other companies are collaborating with start-up firms to co-develop novel products and expand their existing portfolios.
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