Global Pressure Washer Market 2017-2021
About Pressure Washer
Pressure washers are used in a wide range of cleaning applications. These devices can be used to easily remove dirt, oil, mud, and paint that are usually difficult to remove using manual cleaning techniques. Pressure washers use high-velocity water jet or sprays in the cleaning action. Pressure washers find extensive use in cleaning automotive vehicles, removing dirt from surfaces such as walls, tiles, wood panels, and concrete surfaces and for the maintenance of machines, tools, and equipment. The equipment is also used by residential and commercial consumers as well as in industries.
Technavio’s analysts forecast the global pressure washer market to grow at a CAGR of 4.14% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global pressure washer market for 2017-2021. To calculate the market size, the report considers the demand from end-users.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Pressure Washer Market 2017-2021
Technavio recognizes the following companies as the key players in the global pressure washer market: Alfred Kärcher, Briggs & Stratton, FNA Group, Generac Power Systems, and Nilfisk Group
Other Prominent Vendors in the market are: Alkota Cleaning Systems, ANNOVI REVERBERI, Campbell Hausfeld, Deere & Company, Hitachi Koki, Husqvarna, Koblenz Electrica, LAVORGROUP, Nomad Portable Washers, Robert Bosch, Simoniz, Snow Joe, Stanley Black & Decker, STIHL, Techtronic Industries, and Vax.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Introduction of cordless pressure washers. The development of advanced battery and motor technologies such as lithium ion and brushless motors over the last decade has made cordless electric power tools viable for real-life use. Although this trend has been limited to conventional power tools used for drilling, sawing, grinding, a few companies such as Hitachi Koki, Alfred Kärcher, and Nomad Portable Washers have introduced cordless battery-operated pressure washers.”
According to the report, one of the major drivers for this market is Growth in vehicle ownership in APAC. Automotive cleaning needs constitute a major factor that drive the demand for pressure washers globally. North America and Europe currently represent the biggest markets for pressure washers. However, APAC is expected to take the lead in the growth of the market due to the rapidly growing vehicle ownership and result in a rise in the adoption of pressure washers during the forecast period.
Further, the report states that one of the major factors hindering the growth of this market is High cost of pressure washing equipment. Pressure washers are expensive equipment, whose price varies from a few hundred dollars for electric washers to several thousands of dollars for high-pressure, engine-driven washers. Although the price of washers has fallen significantly over the years, it may still pose a deterrent to market growth.
Alfred Kärcher, Briggs & Stratton, FNA Group, Generac Power Systems, Nilfisk Group, Alkota Cleaning Systems, ANNOVI REVERBERI, Campbell Hausfeld, Deere & Company, Hitachi Koki, Husqvarna, Koblenz Electrica, LAVORGROUP, Nomad Portable Washers, Robert Bosch, Simoniz, Snow Joe, Stanley Black & Decker, STIHL, Techtronic Industries, Vax