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DUBLIN, November 1, 2021 / PRNewswire / – The “Escalator Cleaning Machines Market – Global Outlook and Forecast 2021-2026” report was added to ResearchAndMarkets.com offer.
The global escalator cleaning machine market size to observe $ 1,335.00 million by 2026, with a CAGR of over 11.36% during the forecast period.
The study examines the current escalator cleaning machines market scenario and its market dynamics for the period 2021-2026. It covers a detailed overview of several catalysts, restraints and trends for market growth. The study presents both demand and supply aspects of the market. It profiles and reviews the major companies operating in the market.
The global escalator cleaning machines market has grown steadily over the past few years and the growth is expected to continue during the forecast period. The increasing trend towards urbanization and the urban way of life is one of the major factors driving the demand for escalator cleaners.
There was a drop in the level of production and demand in the first and second quarters of 2020 due to lockdown restrictions imposed in various countries due to COVID-19. However, as soon as the economy started to experience a recovery trend, demand started to increase due to increased security standards and various COVID-19 protocols.
ANALYSIS OF THE MARKET SEGMENTATION OF ESCALATOR CLEANING MACHINES
Walk-behind escalator cleaning machine dominates the industry by product. The main reasons for this are its low cost, ease of use and economy for small scale installation.
Nowadays, many suppliers have started to offer machines with wet and dry cleaning functions. Since this feature is new and effective, it is expected to experience the highest CAGR of over 14% during the forecast period.
Airport and air travel will increase in global and regional economies, with APAC and the Middle East efficient. Modernizing airports, launching many completely new airports and increasing the number of low cost carriers are driving growth. This in turn will increase the market demand for escalator cleaning machines in this industry.
Direct sales channels dominate about 63.32% of escalator cleaning machine market share. It allows consumers to buy products directly from suppliers, sell their products at lower prices, and gain competitive advantage.
GEOGRAPHICAL ANALYSIS
Growth in construction activity and expansion of commercial areas are driving demand for professional cleaning equipment.
North America was the largest market for escalator cleaners, with a share of 31.71% in 2020. A very stable economy, technology awareness, large commercial industrial base are the main factors propelling the elevator industry and escalators.
APAC region is one of the fastest growing regions in the world market, which is supported by strong economic development in India and China.
In France, the growth of the travel and tourism industry has resulted in an increase in hotel occupancy rates of 75%. The increase in tourist traffic in the country has resulted in an increased need for cleaning and maintenance, which in turn is driving the demand for escalator cleaners.
SUPPLIER ANALYSIS
The global escalator cleaning machine market is highly competitive with the presence of a considerable number of suppliers. The main suppliers in the market are Alfred Karcher, Duplex cleaning machines, Eureka, HEFTER Cleantech, JUMA Reinigungstechnik, Nilfisk Group, Rosemor International, Columbus, Roots Multiclean, MACH and Henan Pivot Machinery.
HIGHLIGHTS
- Rising labor expenditure in several developed regions, the growing shift to robotics and automation, and the trend towards less human intervention are the major factors driving the demand for automatic escalator cleaning machines.
- The most important advantage of the walk-behind escalator cleaning machine is that it is generally a more economical option.
- Commercial cleaning, industrial cleaning and janitorial services are concentrated in developed industrial economies such as Australia, Canada, Japan, the United States and the Western Europe.
- The main factor hampering the growth of commercial cleaning equipment is cheap labor in less developed countries.
- Global players such as Nilfisk, Karcher and Duplex dominate the industry due to their extensive infrastructure and R&D facilities.
Key suppliers
- Alfred Karcher
- Duplex cleaning machines
- Eureka
- HEFTER Cleantech
- JUMA Reinigungstechnik
- Nilfisk Group
- Rosemor International
- Columbus
- Multiclean roots
- MACH
- Henan pivot machines
Main topics covered:
1 Research methodology
2 Research objectives
3 Research process
4 Scope and coverage
4.1 Market definition
4.2 Reference year
4.3 Scope of the study
5 Hypotheses and caveats in the report
5.1 Key caveats
5.2 Currency conversion
5.3 Market derivation
7 Presentation
7.1 Overview
7.1.1 Case study
7.1.2 Transition to urbanization: driving force of the market
7.1.3 Parameters Affecting Market Growth
7.2 Raw material overview
7.3 Construction overview
7.3.1 Commercial construction
7.3.2 Construction of public infrastructure
7.4 Trade issues between the United States and China
7.5 COVID-19 impact assessment
7.5.1 Impact of COVID-19: supply side
7.5.2 Impact of COVID-19: demand side
7.6 Frequently asked questions
7.6.1 How fast will the escalator cleaning machine market grow? What will be the value in 2026?
7.6.2 What are the factors driving the demand for Automatic Escalator Cleaning Machines market?
7.6.3 How is the Escalator Cleaning Machine Market Vary by Region?
7.6.4 Who are the main end users of the market?
8 Market opportunities and trends
8.1 Automation and IoT Enhancement Product Features
8.2 The advent of robotic / automatic cleaning equipment
8.3 Industry 4.0 To Boost The Escalator Market
9 market growth catalysts
9.1 Long-term growth in the travel and tourism industry
9.2 Growth of vertical buildings
9.3 An aging population is driving the demand for escalators
9.4 Shopping centers and shopping centers generating market demand
10 market restrictions
10.1 Poor knowledge and adoption of cleaning standards in emerging countries
10.2 High cost of supply and installation
10.3 Volatility of commodity prices
10.4 Longer replacement cycles
11 Market landscape
11.1 Market overview
11.2 Key information
11.3 Overview of the application
11.4 Market Size and Forecast
11.5 Market by Product
11.6 Market by sales channel
11.7 Market by end user
11.8 Market by Cleaning Process
11.9 Market by geography
11.10 Analysis of the five forces
12 Product
12.1 Market Overview and Growth Driver
12.2 Market overview
12.3 Reverse
12.4 Automatic
13 Cleaning process
13.1 Market Overview and Growth Driver
13.2 Market overview
13.3 Wet cleaning
13.4 Dry cleaning
13.5 Dry and wet cleaning
14 End user
14.1 Market Overview and Growth Driver
14.2 Market overview
14.2.1 Key information
14.3 Shopping centers and shopping centers
14.4 Airports and public services
14.5 Hospitality
15 Sales channel
15.1 Market Overview and Growth Driver
15.2 Market overview
15.3 Direct sales
15.4 Indirect sales
For more information on this report, visit https://www.researchandmarkets.com/r/i5oows
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