Global Compact Street Sweeper Market: Mechanical broom sweepers to hold the major market share - Garner Insights
Global Compact Street Sweeper Market: Mechanical broom sweepers to hold the major market share
According to a new report published by Reports Monitor titled, “Global Compact Street Sweepers Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the Compact Street Sweepers market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Compact Street Sweepers is machinery primarily used for the cleaning streets in the urban areas such as urban roads, highways and airports. It uses mechanical and vacuum filters for the cleaning purposes. It efficiently deals with the removal of fine and coarse grained particles, thereby maintaining cleanliness and hygiene.
Increased demand for the quality infrastructure owing the rapid growth of urbanization has resulted as major factor in propelling the market growth. Colossal expansion in the industrial and manufacturing sector in the developing countries and the specific end-use application of compact street sweepers also forms one of the significant factors contributing in the market growth. However the higher cost of the equipment may slow down the market growth.
The Global Compact Street Sweepers Market Professional Survey Report scrutinizes the present scenario and the future growth prospects of the Industry. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth and detailed analysis along with important inputs from the various industry experts.
The compact street sweepers market is majorly segmented on the basis of types and applications. Depending upon the type the market is bifurcated into: mechanical broom sweeper, regenerative air sweepers, vacuum sweepers and others. Based on the applications the market is segmented into: urban roads, highways, airports and others.
Based on the geography, the market is analyzed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Among the regions analyzed, North America is projected to dominate the market share followed by Europe mainly owing to the, variation in the climatic conditions and increased investment in the research and development for quality products. Asia Pacific is expected to emerge as a fastest growing region due to increased urbanization and government policies and campaigns for the maintenance of urban infrastructure.
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