Robotic Floor Scrubber Market to Reach $575.6 Million, Globally, by 2032 at 12.8% CAGR: Allied Market Research

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21 Jul, 2023, 15:15 BST

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PORTLAND, Ore., July 21, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Robotic floor scrubber market by Variant (Only Scrubber, Scrubber and dryer), by Sales Type (New Sales, After Market), by Battery Run time (Less than 4 Hours, More than 4 hours), by Cleaning Efficiency (Up to 1500 m2/ hour, More than 1500 m2/ hour): Global Opportunity Analysis and Industry Forecast, 2022-2032". According to the report, the global robotic floor scrubber market size was valued at $178.9 million in 2022, and is projected to reach $575.6 million by 2032, growing at a CAGR of 12.8% from 2023 to 2032.

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Prime determinants of growth

The growth of the global robotic floor scrubber market is driven by the rise in awareness regarding hygiene, especially in pharmaceuticals and other industries, and growth of foods & beverages industry. However, the market for robotic floor scrubbers is severely constrained by the high price of autonomous devices. Numerous initiatives and programs are in place in nations including India, China, Vietnam, Cyprus, Indonesia, and Brazil to assist the growth of small-scale companies. These programs are expected to offer remunerative opportunities for the expansion of the robotic floor scrubber market during the forecast period.

Report coverage & details:

Report Coverage

Details

Forecast Period

2023–2032

Base Year

2022

Market Size in 2022

$178.9 million

Market Size in 2033

$575.6 million

CAGR

12.8 %

No. of Pages in Report

220

Segments covered

Variant, Sales Type, Battery Runtime, Cleaning Efficiency and Region.

Drivers

Rise in awareness regarding hygiene, especially in pharmaceuticals and other industries.

Growth of foods & beverages industry

Opportunities

Rise in number of small-scale industries in emerging economies

Restraints

High cost of automatic robotic floor scrubber machines

Toxic chemicals used in cleaning product formulation.

Covid-19 Scenario

The only scrubber segment to maintain its leadership status throughout the forecast period.

Based on variant, the only scrubber segment held the highest market share in 2022, accounting for around three-fifths of the global robotic floor scrubber market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to a rise in the use of robotic floor scrubber at industrial sectors. However, the scrubber and dryer segment is projected to manifest the highest CAGR of 13.5% from 2022 to 2032, owing to increasing demand for drying function with scrubber function in large industrial spaces such as warehouses, industrial, and manufacturing locations.

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The new sales segment to maintain its leadership status throughout the forecast period.

Based on sales type, the new sales segment held the highest market share in 2022, accounting for nearly two-thirds of the global robotic floor scrubber market revenue and is estimated to maintain its leadership status throughout the forecast period owing to increasing demand for robotic scrubber for autonomous cleaning at healthcare, retail shop, and other sectors. In addition, aftermarket is expected to witness the fastest CAGR of 13.3% from 2022 to 2032, owing to increase product life and cleaning efficiency after certain time intervals.

The more than 1500 m2/ hour segment to maintain its lead position during the forecast period.

Based on cleaning efficiency, the more than 1500 m2/ hour segment accounted for the largest share in 2022, contributing to nearly four-fifths of the global robotic floor scrubber market revenue, and is expected to portray the largest CAGR of 13.0% from 2022 to 2032. This is owing to the requirement of high cleaning efficiency to cover larger spaces at the warehouse and other similar large area locations.

Europe to maintain its dominance by 2032.

Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for nearly two-fifths of the global robotic floor scrubber market revenue, owing to automation and industrialization in the region. However, Asia-Pacific is also expected to witness the fastest CAGR of 13.6% from 2022 to 2031, owing to rising construction and infrastructure sectors in developing countries such as Latin America, the Middle East, and others.

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Leading Market Players: -

The report provides a detailed analysis of these key players of the global robotic floor scrubber market. These players have adopted different strategies such as new product launches, acquisition and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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SOURCE Allied Market Research

Allied Market Research