Floor Scrubber Battery Market Size, Share, Growth, and Industry Growth by Type (Li-Ion Battery, and Lead-Acid Battery), By Application (Industrial, Commercial, and Residential), Forecast From 2023 To 2030

Updated On: 20 November 2023

FLOOR SCRUBBER BATTERY MARKET REPORT OVERVIEW

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The global floor scrubber battery market size is estimated to be USD 561.4 million in 2022 and the market is projected to touch USD 763.2 million by 2028, exhibiting a CAGR of 5.3% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with floor scrubber battery experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.

Batteries for floor scrubbers are especially designed for cleaning floors. In order to swiftly dry, clean, and sanitize surfaces, floor scrubbers are utilized in cleaning operations. A floor scrubber is a floor cleaning device. It can be a simple tool such as a floor mop or floor brush, in the form of a walk-behind or a ride-on machine to clean larger areas by injecting water with cleaning solution, scrubbing, and lifting the residue off the floor. With advancements in robotics, autonomous floor-scrubbing robots are available as well.

Most of the batteries used in floor scrubbers are deep-cycle lead-acid batteries. Since lead-acid batteries require less maintenance and offer the most useful power, they are widely favoured to lithium-ion batteries. Lead-acid batteries come in two varieties: flooded lead-acid batteries and valve regulated lead-acid (VRLA) batteries. Because they do not require a high specific gravity electrolyte to give long runtime, the use of flooded lead-acid batteries will keep growing over the forecasted period.

COVID-19 IMPACT : Increased Need for Sanitization Boosted Demand Significantly

COVID-19 had a life changing impact globally. The global floor scrubber battery market was significantly affected. The virus had various impacts on different markets. Lockdowns were imposed in several nations. This erratic pandemic caused disruptions on all sorts of businesses. Restrictions tightened during the pandemic due to increasing number of cases. Numerous Industries were affected. However, the market for floor scrubber battery experienced a spike in demand.

Once it was established that the COVID-19 virus spreads through contact or presence, there was an increased awareness for sanitization and hygiene. Owing to this, households and active manufacturing hubs had a increased need to avoid the spread of COVID-19 virus. However, due to the lack of people willing to work in the cleaning; there was a need for automated or machine-driven sanitization procedures. This led to a increase in demand for the global floor scrubber battery market share.

However, due to the restrictions imposed by governments across the globe. The manufacturing of these materials saw a drop. This was a result of lack of resources, and unavailable human power. This was caused due to the norms such as social distancing, lockdown and restrictions on people gathering. However, a few companies survived due to their diverse portfolio of end users.

LATEST TRENDS

"Technological Developments to Broaden Market Aspects"

 According to ResearchGate, In addition to the traditional "SLI functions" of starting, lighting, and ignition, there is a need to offer new functions like alternator control for charging controls aimed at suppressing gaseous emissions and improving fuel economy, stopping of idling, and regenerative braking, as well as advances in technologies for environmental improvement, batteries for accessory applications, power steering, stabilizers, etc.

Furthermore, Battery university has stated that they have developed a new battery with a higher performance rate. AGM batteries are enhanced lead acid batteries that perform better than conventional flooded batteries. An absorbent pad of tiny glass fibers is used to hold the electrolyte. This makes the battery spill-proof and enables shipment without being subject to regulations on hazardous materials. AGM delivers lengthy service even when occasionally deep-cycled, has a very low internal resistance, and can deliver high currents. AGM is lighter than flooded lead acid batteries and offers greater electrical reliability.

FLOOR SCRUBBER BATTERY MARKET SEGMENTATION

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• By Type

Based on type, the market is divided into Li-Ion Battery,  and Lead-Acid Battery.

Li-Ion Battery holds a major share of the global market.

• By Application

Based on application, the market is bifurcated into Industrial, Commercial, and Residential.

Industrial as application holds a major share of the global market.

DRIVING FACTORS

"Increased Awareness for Sanitization and  Hygiene to Boost Market Share "

There has been an increased global awareness to keep the surroundings neat and clean. This is also focused on the household cleanliness. As if the places are unhygienic, it stands as a breeding ground for lethal bacteria. These growing bacteria may cause further illness. Hence in order to lead a healthy lifestyle and stay safe following the pandemic, there has been a increased need for sanitization methods. Hence this is estimated to boost the global  floor scrubber battery market share.

"Scientific Developments to Boost Market Share"

There have been a growing number of research and developments in the floor scrubber battery market share. This is driven by the high investments put by companies and governments as they focus on increasing the cleanliness of local areas to prevent breeding of viruses and protect the population. Hence these factors are expected to drive the global floor scrubber battery market share.

RESTRAINING FACTORS

"High Investment Costs to Hamper Market Growth"

The price of the product is one of the main barriers preventing increased demand. Although the cost has been steadily falling over years due to innovations and technical developments. Additionally, these batteries may also have lethal effects, which is another factor deterring many customers from buying the item. The high investments that go into the manufacturing and sale of this products is poised to be a restraining factor for the global floor scrubber battery market share.

FLOOR SCRUBBER BATTERY MARKET REGIONAL INSIGHTS

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"Asia Pacific Dominates the Market as Major Manufacturer"

APAC countries are the largest market shareholder for floor scrubber battery. This is due to the growth of end-use industries including the automotive, apparel, and furniture sectors. Due to its abundant end-use sectors and sophisticated manufacturing facilities, APAC is also thought to serve as a global hub for manufacturers. Furthermore, with the growing population in this region, it is anticipated to needing more sanitization methods. North America is the second major shareholder of the global floor scrubber battery market.

KEY INDUSTRY PLAYERS

"Market Players Focus on New Product Launches to Strengthen Market Position"

Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.   

List of Market Players Profiled

• Crown Battery [U.S.]
• East Penn Manufacturing [U.S.]
• EnerSys [U.S.]
• Exide Technologies [U.S.]
• Trojan Battery Company [U.S.]
• Canadian Energy [Canada]
• Discover Energy [Australia]
• Duracell [U.S.]
• EverExceed [U.K]
• Fullriver Battery USA [U.S.]
• Johnson Controls [Ireland]
• Rolls Battery [Nova Scotia]
• U.S. Battery [U.S.]

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes