Market Overview:
The global floor scrubber battery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for floor scrubbers across different applications, such as industrial, commercial, and residential sectors. In addition, the increasing adoption of Li-ion batteries as a power source for floor scrubbers is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing Li-ion batteries may hamper the growth of this market over the forecast period.
Product Definition:
A floor scrubber battery is a type of rechargeable battery that is used in floor scrubbers. Floor scrubber batteries are important because they provide power to the motor that drives the brushes on the floor scrubber. Without a floor scrubber battery, the floor scrubber would not be able to function.
Li-Ion Battery:
A lithium-ion battery is an electrochemical device used in a variety of applications including electric vehicles, power tools, portable electronics and medical devices. It consists of three main components namely positive and negative electrode separated by an electrolyte. The electrolyte allows ions to flow between the electrodes allowing them to attain a charge.
Lead-Acid Battery:
Lead-acid battery is one of the most common batteries used in power tools. It has a higher energy density than any other battery type and provides more power (specifically, wattage) to tools. Lead-acid batteries are inexpensive and can be recycled after use, which makes them an ideal choice for end users. However, these batteries have some disadvantages such as low recharge rate and short lifespan that may hinder market growth over the forecast period.
Application Insights:
The industrial application segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth over the forecast period. Rapid urbanization coupled with rising disposable income has led to an increase in the number of commercial spaces, which has resulted in increased demand for floor scrubbers across industries such as food & beverage, healthcare, hospitality and retail.
Floor scrubber batteries are used extensively across residential applications owing to their ability to provide clean floors without the need for manual scrubbing or chemical products that can damage surfaces. These lightweight batteries deliver high power at a low weight making them ideal replacements for traditional floor cleaning equipment such as mops and brooms. The growing trend of home furnishing coupled with increasing consumer spending on convenience products is expected drive residential floor cleaning product demand globally over the next eight years thereby supporting market growth.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing awareness regarding energy conservation, stringent government regulations for industrial emissions and waste disposal, and growing environmental concerns among consumers. Moreover, floor scrubbers are used extensively in commercial buildings such as hotels, hospitals, schools & colleges and offices to cleanse carpets before a new set is installed thereby generating additional revenue for these products.
Asia Pacific is expected to witness significant growth over the forecast period owing to rapid urbanization resulting from increased immigration into countries such as India & China along with rising disposable income of consumers especially in developing economies including China & India will drive demand over the next eight years. Furthermore, economic development coupled with increasing investments by companies into construction activities will boost product demand across residential applications particularly in developing countries including India & China thus driving regional market growth during the forecast period.
Growth Factors:
- Increasing demand from the automotive and transportation sector for floor scrubber batteries as they are used in electric vehicles for power backup.
- Growing awareness about the benefits of using floor scrubber batteries in industries, which is resulting in an increase in their adoption across various sectors.
- The increasing demand for eco-friendly and energy-efficient products is driving the growth of the floor scrubber battery market.
- Development of new technologies that offer better performance and longer life cycle of floor scrubber batteries is aiding their growth prospects globally. 5) Rising disposable income levels among consumers are enabling them to invest in technologically advanced products such as floor scrubber batteries, thereby propelling market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Floor Scrubber Battery Market Research Report
By Type
Li-Ion Battery, Lead-Acid Battery
By Application
Industrial, Commercial, Residential
By Companies
Crown Battery, East Penn Manufacturing, EnerSys, Exide Technologies, Trojan Battery, Canadian Energy, Discover Energy, Duracell, EverExceed, Fullriver Battery USA, Crown Battery, Rolls Battery, U.S. Battery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Floor Scrubber Battery Market Report Segments:
The global Floor Scrubber Battery market is segmented on the basis of:
Types
Li-Ion Battery, Lead-Acid Battery
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Crown Battery
- East Penn Manufacturing
- EnerSys
- Exide Technologies
- Trojan Battery
- Canadian Energy
- Discover Energy
- Duracell
- EverExceed
- Fullriver Battery USA
- Crown Battery
- Rolls Battery
- U.S. Battery
Highlights of The Floor Scrubber Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Li-Ion Battery
- Lead-Acid Battery
- By Application:
- Industrial
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Floor Scrubber Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A floor scrubber battery is a type of battery that is used to power a floor scrubber.
Some of the major companies in the floor scrubber battery market are Crown Battery, East Penn Manufacturing, EnerSys, Exide Technologies, Trojan Battery, Canadian Energy, Discover Energy, Duracell, EverExceed, Fullriver Battery USA, Crown Battery, Rolls Battery, U.S. Battery.
The floor scrubber battery market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Floor Scrubber Battery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Floor Scrubber Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Floor Scrubber Battery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Floor Scrubber Battery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Floor Scrubber Battery Market Size & Forecast, 2020-2028
4.5.1 Floor Scrubber Battery Market Size and Y-o-Y Growth
4.5.2 Floor Scrubber Battery Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Li-Ion Battery
5.2.2 Lead-Acid Battery
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Floor Scrubber Battery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Floor Scrubber Battery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Li-Ion Battery
9.6.2 Lead-Acid Battery
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Li-Ion Battery
10.6.2 Lead-Acid Battery
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Li-Ion Battery
11.6.2 Lead-Acid Battery
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Li-Ion Battery
12.6.2 Lead-Acid Battery
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Li-Ion Battery
13.6.2 Lead-Acid Battery
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Floor Scrubber Battery Market: Competitive Dashboard
14.2 Global Floor Scrubber Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Crown Battery
14.3.2 East Penn Manufacturing
14.3.3 EnerSys
14.3.4 Exide Technologies
14.3.5 Trojan Battery
14.3.6 Canadian Energy
14.3.7 Discover Energy
14.3.8 Duracell
14.3.9 EverExceed
14.3.10 Fullriver Battery USA
14.3.11 Crown Battery
14.3.12 Rolls Battery
14.3.13 U.S. Battery
