PUBLISHED DATE : May 2020 | Pages : 289
Fill out your details & get your free sample
Central Vacuum System Market Size, Share, & Trends Analysis Report by Installation (Wall Mounted and Ground Mounted), Capacity (<3,000 Sq. ft., 3,000–6,000 sq. ft. and >6,000 sq. ft), Type (Bag and Bagless), Geography (North America, APAC, Europe, Middle East & Africa, and Latin America) Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2025.
289 Pages
147 Tables
90 Charts
5 Regions
17 Countries
53 Companies
5 Market Segment
| Report Attribute | Details |
|---|---|
| MARKET SIZE (REVENUE) | USD 540 MILLION (2025) |
| CAGR | 11% (2019-2025) |
| BASE YEAR | 2019 |
| FORECAST YEAR | 2020-2025 |
| MARKET SEGMENTS | Installation (Wall Mounted and Ground Mounted), Capacity (<3,000 Sq. ft., 3,000–6,000 sq. ft. and >6,000 sq. ft), Type (Bag and Bagless). |
| GEOGRAPHIC ANALYSIS | North America, APAC, Europe, Middle East & Africa, and Latin America |
| COUNTRIES COVERED | US, Canada, China, Japan, Australia, South Korea, Germany, UK, France, Italy, Spain, Nordic, South Africa, Saudi Arabia, UAE, Brazil, Argentina, Mexico and Others |
The rise in construction, hospitality, commercial, and retail industries and rapid industrialization are the main factors driving the market growth. The adoption of energy-saving and sustainable cleaning technology are also driving the growth of the central vacuum system market. Smart technologies are adopted in several industrial and commercial verticals. Notwithstanding central vacuum pros and cons, these systems are primarily used in several industries, including automotive, food and beverages, pharmaceutical, chemical, mining, textiles, plastics, and aerospace.
Industrial vacuum cleaner systems can help maintain the overall cleanliness and hygiene of industrial and commercial spaces. In commercial places such as shopping malls, airport lounge, and healthcare facilities, these systems can provide an efficient method of cleaning.
The outbreak of COVID-19 has affected the market consumer appliances, including old central vacuum systems. However, the impact of the pandemic is expected to provide a stimulus to the market, and the revenue contribution is likely to be impressive from 2022 until the end of the forecast period.
This research report includes detailed market segmentation by installation, capacity, type, end-users, and geography.
The ground-mounted segment is likely to grow at the highest CAGR of 11% during the period 2019–2025
The market share of wall-mounted devices is lower than ground-mounted ones. Europe is the largest market due to the high adoption of these vacuum cleaners in Germany, France, Italy, and the UK. The market share of ground-mounted devices has traditionally been on the higher side. The segment is growing due to the demand from small commercial places.
The APAC ground-mounted market is expected to grow at the highest CAGR during the period 2019–2025. The high growth rate can be attributed to the increasing consumer base, which is displaying traction toward green cleaning practices in countries such as Japan, South Korea, and Australia. The healthcare segment is experiencing an increased demand for ground-mounted systems. The COVID-19 has increased the demand for ground-mounted central vacuum systems from hospitals, especially from China.
The 6,000 sq. ft. cleaning segment is expected to reach over $280 million by 2025
APAC is expected to rise as the fastest-growing market for 3,000 sq. ft. vacuum systems. Residential households and small-scale commercial establishments, including small restaurants, cabin offices, and cleanrooms, are the major end-users.
Major players are also introducing vacuum machines, which combine powerful suction and filtration systems. For instance, NuTone central vacuums offer high suction power and unmatched cleaning filters to remove dust and other allergens from homes.
Europe is likely to lead the 3,000 to 6,000 sq. ft. central vacuum systems segment, followed by North America. Large homes and mansions in North America and Europe are major end-users for 3,000 to 6,000 sq. ft. capacity central vacuum cleaners.
Central vacuum systems with capacity of more than 6,000 sq. ft are designed for heavy-duty commercial applications. They can continuously remove dust and provide high airlift. However, these machines are highly expensive and require routine maintenance, thereby hampering their growth prospects. Europe leads the market segment, which is expected to add $47 million during the forecast period.
The bagless segment is expected to observe the highest CAGR during the forecast period
The bagless central vacuum system market share dominates the market and is expected to lead during the forecast period. APAC is expected to grow as the fastest market for bagged systems. China, South Korea, and Australia are emerging as high potential markets during the forecast period. Currently, Europe and North America are the two leading markets.
Bagless systems are highly popular in the non-residential end-user segment. The increasing application in commercial buildings is highly likely to drive the segment. The increasing demand for hygienic surroundings is likely to boost the demand for central vacuum systems. However, bagless systems in the residential segment face challenges from contract cleaning and equipment rental service providers.
The non-residential segment is projected to reach revenue of over $400 million by 2025
Owing to high affordability, usability, and ease of use, central vacuum systems are increasingly being adopted in domestic cleaning activities. The high adoption in residential places is primarily driven by the need to achieve a hygienic and chemical-free cleaning of floors, walls, kitchen.
Residential rug and carpet cleaning remain the largest revenue generators for central vacuum systems. The growth in residential construction, remodeling and renovations, and the growing awareness of health and hygiene among consumers are boosting the sales.
Maintaining hygiene in the industrial plant is vital for the production process. Hence, the use of the industrial central vacuum system is increasing significantly.Industrial, hospitality, healthcare, and commercial end-users constitute the non-residential segment. The growing number of commercial facilities such as shopping malls, retail outlets, hotels, and offices is highly likely to drive the demand. These systems are easy to operate and are available in various variants to suit diverse needs depending on the premises and allow simultaneous operation several users.
Europe is expected to dominate the central vacuum systems market during the forecast period
The growth in Europe is mainly supported by rising business investments and increasing commercial and residential construction. The increasing disposable income and dual-income households are driving the adoption of residential cleaning equipment. However, political uncertainties in Europe post the Brexit negotiations, and the outbreak of the COVID-19 are adversely affecting the economic growth in the region. This may result in low demand for cleaning services and non-conventional cleaning equipment during the forecast period.
The global central vacuum cleaner market is highly competitive. The rapid technological improvements have benefitted the vendors as consumers are expecting continuous innovations and upgrades of products. The ability of central vacuum systems to provide hygienic and chemical-free cleaning promotes its adoption among the consumers.
Installation
Capacity
Type
Geography
Single User Licence
5 User Licence
Corporate Licence
Datasheet Licence
Fill out your details & get your free sample
"The report by Arizton was spot on. It not only gave us insight into the pro audio market, we used it to raise funds for our company. The data proved (to the VC we pitched to) that the market was large enough for our company to not only survive but also grow."
Want to know more about the report or any specific requirement?
Click to Email +1-312-235-2040
