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Pharmacy benefit management market
Electrostatic Sprayers Market REPORT OVERVIEW
The global electrostatic sprayers market is expected to grow from USD 54 Million in 2022 to USD 88.32 Million by 2031, at a CAGR of 5.6% from 2022 to 2031. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
Electrostatic sprayer is a device that works by using a small electrical charge. It is used to charge the aerosols while passing through the nozzle. It is electrically charged and allows appropriate sanitizers. The equipment can mold preventatives and disinfectants on all types of surfaces.
Growing awareness about healthcare-acquired infections is estimated to surge market growth. Rising innovation in solar-powered sprayers is projected to drive market growth. Increasing demand for public health safety is anticipated to accelerate market growth. Increasing government initiatives to lower the spread of contagious or infectious diseases is estimated to accelerate market growth during the forecast period. Growing advertisement campaigns on hygiene are predicted to propel market progress. Increasing research and development (R&D) activities to develop a new technique in the product is expected to surge market growth. Rising awareness to fight against infectious diseases is anticipated to propel electrostatic sprayers market growth.
COVID-19 Impact: Growing Coronavirus Cases to Fuel Market Growth
COVID-19 pandemic had a positive impact on the market. During pandemic, the increasing number of coronavirus cases in human population boosted market growth. Growing demand to fight against coronavirus fueled product adoption. Increasing demand for hygiene and safety boosted market growth during the pandemic. Growing demand for disinfectants and sanitizers surged market expansion.
On the contrary, closure of manufacturing units reduced market growth. Unavailability of workers and labor during pandemic impacted market growth. Increasing demand for the equipment and lower production activities hinder market growth.
LATEST TRENDS
"Growing Research and Development Activities to Foster Market Progress"
Increasing research and development activities is estimated to surge market growth. Major market players are adopting new strategies to develop new products is anticipated to accelerate market expansion. The product is designed to save human efforts and time. Such advantages of the equipment are estimated to fuel market growth during the forecast period. Further, the equipment can cover more surfaces which are predicted to accelerate electrostatic sprayers market growth. The product is gaining popularity for its high efficiency. Rapid industrialization and urbanization is anticipated to fuel market growth. High disposable income among population is expected to fuel market growth during the forecast period.
Electrostatic Sprayers Market SEGMENTATION
- By Type
Based on type, the market is divided into handheld, backpack, and roller cart.
Roller cart is expected to be the leading part of the segmentation type.
- By Application
Based on the application, the market is divided into commercial, industrial, and public space.
Public space is expected to be the leading part of application segmentation.
DRIVING FACTORS
"Government Initiatives and Increasing Healthcare Agencies to Incite Market Expansion"
Increasing government disinfect of large indoor spaces such as offices, schools, and business complexes are anticipated to accelerate market growth. Increasing number of healthcare agencies to reduce spread of infectious diseases is estimated to fuel market expansion. The equipment applies a positive charge to liquid, and the disinfectant liquid spray passes through nozzle. Such a process is anticipated to show positive response in the electrostatic sprayers market. Growing demand for healthcare-acquired infections is predicted to accelerate market growth. Growing demand for health safety is estimated to accelerate market growth. Increasing government regulations on health safety are expected to accelerate market growth during the forecast period.
"Advantages Associated with Product to Foster Market Growth "
The equipment has a quick and easy method compared to traditional methods. The product offers quick cleaning and reliable solution, which is anticipated to accelerate market growth. It also offers a professional-level cleaning process. The product provides a non-staining, streak-free finish and non-corrosive. Such advantages of the equipment are anticipated to surge market growth. The product offers excellent infectant control. The product is proven to prevent harmful germs and viruses from touch points and surfaces. It can be used in different locations and surfaces which is projected to drive electrostatic sprayers market growth. Growing advertisement campaigns on hygiene are predicted to propel market progress. Increasing need for a safe environment is predicted to accelerate market growth during the forecast period.
RESTRAINING FACTORS
"Growing Environmental Concerns to Hamper Market Growth "
Increasing environmental concern such as contamination is predicted to hamper market growth. Further, residual management is anticipated to obstruct market expansion during the forecast period.
Electrostatic Sprayers Market REGIONAL INSIGHTS
"Increasing Awareness about Healthcare-Acquired Infections in North America to Drive Market Share "
North America is estimated to dominate electrostatic sprayers market share due to growing awareness about healthcare-acquired infections. Rising innovation in solar powered sprayers is projected to drive market growth. Increasing demand for public health safety is anticipated to accelerate market growth. Increasing government initiatives to lower down the spread of contagious or infectious diseases is estimated to accelerate market growth during the forecast period. Growing advertisement campaigns on hygiene is predicted to propel market progress. Increasing research and development (R&D) activities to develop new technique in the product is expected to surge market growth.
Asia Pacific is anticipated to show significant market growth due to growing awareness about the healthcare-acquired infections. Increasing demand for public health safety is anticipated to accelerate market growth. Increasing government initiatives to lower down the spread of contagious or infectious diseases is estimated to accelerate market growth during the forecast period. Growing advertisement campaigns on hygiene are predicted to propel market progress. Increasing research and development (R&D) activities to develop new technique in the product is expected to surge market growth. Rising awareness to fight against infectious diseases is anticipated to propel electrostatic sprayers market growth.
KEY INDUSTRY PLAYERS
"Leading Players Adopt a New Development Strategies to Stay Competitive"
The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
LIST OF TOP Electrostatic Sprayers COMPANIES
- Victory Innovations (U.S.)
- CloroxPro (Canada)
- Jereh C-Create Technology (China)
- EvaClean (U.S.)
- EMist (India)
- Electrostatic Spraying Systems (U.S.)
INDUSTRIAL DEVELOPMENT
March 2020 – Jereh Group launched a new sprayer to control spread of the coronavirus. The equipment is designed in four models for different applications such as electrostatic disinfection vehicle, mobile electrostatic disinfection station, electrostatic disinfection case, and backpack electrostatic sprayer.
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 54 Million in 2022 |
Market Size Value By |
US$ 88.32 Million by 2031 |
Growth Rate |
CAGR of 5.6% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the electrostatic sprayers market expected to touch by 2031?
The global electrostatic sprayers market is expected to reach USD 88.32 million by 2031.
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What CAGR is the electrostatic sprayers market expected to exhibit by 2031?
The electrostatic sprayers market is expected to exhibit a CAGR of 5.6% by 2031.
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Which are the driving factors of the electrostatic sprayers market?
Drivers of this market are government initiatives and increasing Healthcare Agencies, and advantages associated with product.
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Which are the top companies operating in the electrostatic sprayers market?
Victory Innovations, CloroxPro, Jereh C-Create Technology, EvaClean, EMist, and Electrostatic Spraying Systems.