Floor Scrubber Battery Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR43493
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The floor scrubber battery market has the potential to grow by USD 138.23 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.84%.

This floor scrubber battery market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (lead-acid batteries and Li-ion batteries) and geography (North America, Europe, APAC, MEA, and South America). The floor scrubber battery market report also offers information on several market vendors, including Berkshire Hathaway Inc., C&D Technologies Inc., CDN Energy and Power Corp., Continental Batteries, Crown Battery Manufacturing Co., East Penn Manufacturing Co. Inc., EnerSys, EverExceed Industrial Co. Ltd., Exide Industries Ltd., and Exide Technologies among others.

What will the Floor Scrubber Battery Market Size be in 2021?

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Floor Scrubber Battery Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing adoption of Li-ion battery-powered floor scrubbers is notably driving the floor scrubber battery market growth, although factors such as the development of fuel cell solutions for floor scrubbers may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the floor scrubber battery industry get your FREE report sample now.

This floor scrubber battery market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Floor Scrubber Battery Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Berkshire Hathaway Inc.
  • C&D Technologies Inc.
  • CDN Energy and Power Corp.
  • Continental Batteries
  • Crown Battery Manufacturing Co.
  • East Penn Manufacturing Co. Inc.
  • EnerSys
  • EverExceed Industrial Co. Ltd.
  • Exide Industries Ltd.
  • Exide Technologies

 

The floor scrubber battery market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the floor scrubber battery market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Floor Scrubber Battery Market?

Floor-Scrubber-Battery-Market-Market-Share-by-Region-2020-2025

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36% of the market’s growth will originate from APAC during the forecast period. China is a key market for floor scrubber batteries in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The growing purchasing power and rising disposable income will facilitate the floor scrubber battery market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Floor Scrubber Battery Market?

Floor-Scrubber-Battery-Market-Market-Share-by-Type-2020-2025

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The floor scrubber battery market share growth by the lead-acid batteries segment will be significant during the forecast period. Lead-acid batteries are used extensively in floor scrubbers, owing to the cost-effectiveness of these batteries compared to that of Li-ion batteries. Hence, the floor scrubber lead-acid batteries segment dominates the global floor scrubber battery market.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the floor scrubber battery market size.

 

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What are the Key Factors Covered in this Floor Scrubber Battery Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive floor scrubber battery market growth during the next five years
  • Precise estimation of the floor scrubber battery market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the floor scrubber battery industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of floor scrubber battery market vendors

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Floor Scrubber Battery Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2021-2025

$ 138.23 million

Market structure

Fragmented

YoY growth (%)

5.24

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

APAC at 36%

Key consumer countries

US, Germany, China, UK, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Berkshire Hathaway Inc., C&D Technologies Inc., CDN Energy and Power Corp., Continental Batteries, Crown Battery Manufacturing Co., East Penn Manufacturing Co. Inc., EnerSys, EverExceed Industrial Co. Ltd., Exide Industries Ltd., and Exide Technologies

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The floor scrubber battery market growth will increase by $139.80 million during 2019-2024.
The floor scrubber battery market is expected to grow at a CAGR of 6.02% during 2019-2024.
Technavio has segmented the floor scrubber battery market by geographic (North America, Europe, APAC, MEA, and South America).
Berkshire Hathaway Inc., C&D Technologies Inc., CDN Energy and Power Corp., Crown Battery Manufacturing Co., Discover Energy Corp., East Penn Manufacturing Co. Inc., EnerSys, EverExceed Industrial Co. Ltd., Exide Industries Ltd., Exide Technologies are a few of the key vendors in the floor scrubber battery market.
APAC will register the highest growth rate of 34.83% among the other regions. Therefore, the floor scrubber battery market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the floor scrubber battery market growth are:
  • Increasing adoption of Li-ion battery powered floor scrubbers
  • Increasing consumer spending to increase residential demand for floor scrubbers
The floor scrubber battery market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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