Global Central Vacuum Cleaner Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 461.49 Million |
Market Size (Forecast Year) |
USD 1,102.45 Million |
CAGR |
|
Major Markets Players |
Global Central Vacuum Cleaner Market, By Product (Canister, Drum, Robotic, Upright, Wet and Dry, and Others), Installation (Wall Mounted and Ground Mounted), Application (Industrial, Residential and Commercial), Distribution Channel (Online and Offline), End User (Industrial and Commercial) - Industry Trends and Forecast to 2030.
Central Vacuum Cleaner Market Analysis and Size
The demand for central vacuum cleaners is being driven by the introduction of demanding safety and hygiene regulations across industries. Furthermore, increased adoption of advanced vacuum cleaner in various industries including healthcare, retail, manufacturing, and consumer to preserve protection against hazardous dust and hygiene extend profitable opportunities.
Data Bridge Market Research analyses that the global central vacuum cleaner market which was USD 461.49 million in 2022, is expected to reach USD 1,102.45 million by 2030, and is expected to undergo a CAGR of 11.5% during the forecast period 2023-2030. “Canister” dominates the component segment of the global central vacuum cleaner market due to growing industrial, residential, commercial, is directly influencing the growth rate of the market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Central Vacuum Cleaner Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Product (Canister, Drum, Robotic, Upright, Wet and Dry, and Others), Installation (Wall Mounted and Ground Mounted), Application (Industrial, Residential and Commercial), Distribution Channel (Online and Offline), End User (Industrial and Commercial) |
Countries Covered |
U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
LG Electronics (South Korea), Nuera Air Inc. (Canada), Haier Inc. (China), Delfinvacuums (Vietnam), Airvac Industries & Projects (India), Drainvac (Canada), Nilfisk Group (Denmark), Miele & Cie. KG (Germany), Techtronix Inc. (India), Trovac Industries Ltd. (Canada), Samsung Electronics Co., Ltd. (South Korea), Bissell (U.S.), Nadair Inc (Canada), Panasonic (Japan), iRobot Corporation (U.S.), Koninklijke Philips N.V. (Netherlands) |
Market Opportunities |
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Market Definition
A centralized vacuum system refer to the system that enables the suction of dust and solids through a series of pipes. These systems can be mounted anywhere in the workshop. They possess multiple suction points depending on the power and features of the suction unit for specific work conditions. The central vacuum cleaner comprise central vacuum system and related accessories for efficient, whole house cleaning, catering to residential and commercial user seeking enhanced and convenience.
Global Central Vacuum Cleaner Market Dynamics
Drivers
- Rise in Tech-Savvy Population
The need for energy-efficient goods in the central vacuum cleaner market is predicted to rise as the population becomes more tech-savvy and traditional household vacuum cleaners become more innovative. Tech savvy individuals often value convenience and automation in their daily lives. Central vacuum system can be integrated into smart home ecosystem.
- Growing Awareness Regarding Maintaining Hygiene
The increased awareness of the importance of maintaining hygiene, as well as the rising incidence of allergy disorders, is predicted to enhance the growth rate of the central vacuum cleaner market. The central vacuum system typically have superior filtration compared to traditional portable vacuum cleaner. Individuals with allergies or asthma often more conscious of hygiene and cleanliness.
Opportunity
- Establishment of Stringent Safety
The demand for central vacuum cleaners is being driven by the introduction of demanding safety and hygiene regulations across industries. Central vacuumed system can be especially useful in high traffic areas, such as commercial spaces, where hygiene is a top priority.
Restraints/Challenges
- The Steep Product Pricing Possess a Significant Challenge for Consumer
On the other hand, rise in the product cost is expected to obstruct market growth. An increase in the cost of central vacuumed cleaner product act as a restraint for market growth by making them less accessible to budget conscious consumer. Higher price may deter potential buyer, leading to slower adoption rates and limited market expansion.
This global central vacuum cleaner market, report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global central vacuum cleaner market, contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In April 2022, the consumer electronics company Panasonic Holdings Corporation introduced the "MC-YL633," a dry vacuum cleaner for quick cleaning. The vacuum cleaner will be offered for sale across the nation at a competitive price to meet the needs of Indian consumers. It features an 18L dust tank capacity and a high suction power of a 2000W motor
- In August 2021, the "Viomi V3 Max" robot vacuum with LiDAR-based technology and environmentally safe cleaning solutions was presented by Viomi Technology Co., Ltd, a company that creates IoT-enabled home products. The Viomi V3 Max assists in cleaning dust, filth, water stains, and crumbs off surfaces and floors. Additionally, it features a voice-activated function that can be controlled by Alexa or Google Home and can store five multi-store maps with the aid of navigation and 360° LiDAR mapping
Global Central Vacuum Cleaner Market Scope
The global central vacuum cleaner market is segmented on the basis of product, installation, application, distribution channel and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Canister
- Drum
- Robotic
- Upright
- Wet and Dry
- Others
Installation
- Wall Mounted
- Ground Mounted
Application
- Industrial
- Residential
- Commercial
Distribution Channel
- Offline
- Online
End User
- Industrial
- Commercial
Global Central Vacuum Cleaner Market Region Analysis/Insights
The global central vacuum cleaner market is analyzed and market size insights and trends are provided by region, product, installation, application, distribution channel, and end user, as referenced above.
The countries covered in the global central vacuum cleaner market report are U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Asia-Pacific dominates the global central vacuum cleaner market due to technological developments. Also, the occurrence of industrial corridors and growing population within the region.
Europe is expected to show significant amount growth and become the fastest growing region in the global central vacuum cleaner market during the forecast period of 2023 to 2030 because of the ease of growing demand for maintaining high hygiene standards to prevent within the region.
The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
Competitive Landscape and Global Central Vacuum Cleaner Market Share Analysis
The global central vacuum cleaner market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global central vacuum cleaner market.
Some of the major players operating in the global central vacuum cleaner market are:
- LG Electronics (South Korea)
- Nuera Air Inc. (Canada)
- Haier Inc. (China)
- Delfinvacuums (Vietnam)
- Airvac Industries & Projects (India)
- Drainvac (Canada)
- Nilfisk Group (Denmark)
- Miele & Cie. KG (Germany)
- Techtronix Inc. (India)
- Trovac Industries Ltd. (Canada)
- Samsung Electronics Co., Ltd. (South Korea)
- Bissell (U.S.)
- Nadair Inc (Canada)
- Panasonic (Japan)
- iRobot Corporation (U.S.)
- Koninklijke Philips N.V. (Netherlands)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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