Pressure Washer Market Size Will Attain USD 3.52 Billion by 2030 growing at 3.8% CAGR - Exclusive Report
Increasing car washing stations in various countries is a key factor driving market revenue growth
VANCOUVER, BC, CANADA, November 15, 2022 /EINPresswire.com/ -- The global pressure washer market size was USD 2.50 Billion in 2021 and is expected to register a revenue CAGR of 3.8% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of pressure washers for residential applications is a major factor driving market revenue growth. Consumers usually prefer various cleaning products for residential applications. However, as it consumes an enormous amount of time and requires a lot of effort, consumers are shifting toward more advanced, portable, and cost-effective alternatives. In addition, pressure washers are ideal for various types of surfaces, for instance, they can be utilized for cleaning gardens, furniture, decks, and many others. Market companies are also investing in increasing their portability and incorporating advanced features such as remote monitoring & control and others.
However, factors such as availability of alternatives and government regulations imposed on disposal of wastewater and water pollution are restraining market revenue growth. Pressure washers are extensively utilized for cleaning of various objects and surfaces. They help in removing dust, dirt, grime, oil, grease, and toxic chemicals from equipment, vehicles, machines, and surfaces. Removal of contaminants from these objects through water blast may run along with water into a storm drain, which is not treated before entering lakes and rivers, resulting in water pollution. Hence, it is essential to develop a sanitary sewer for disposal of wastewater and avoid water pollution. Pressure washers have a powerful blast of water that can be too much for some surfaces. Exterior surfaces, such as loose wood or loose vinyl siding, cannot withstand excessive pressure and will fall off, deteriorate, or even crack because of water pressure. In addition, if surface is painted, pressure washers can damage paint and cause it to peel off. As a result, end users prefer various alternative methods for cleaning a variety of objects and surfaces. Sandblasting and foam cleaning techniques are two of the alternatives preferred by end users.
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Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Pressure Washer market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Pressure Washer market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Pressure Washer market.
Competitive Terrain:
The global Pressure Washer industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Karcher, Alkota Cleaning Systems, Annovi Reverberi, Briggs & Stratton, Generac Power Systems, Inc., Mi-T-M Corporation, Stanley Black & Decker, Inc., Techtronic Industries Co. Ltd., Deere & Company, Nilfisk Group, Robert Bosch Power Tools GmbH, and Husqvarna Group
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2030)
Portable
Non-Portable
Power Source Outlook (Revenue, USD Billion; 2019-2030)
Electric
Gas
Battery
Application Outlook (Revenue, USD Billion; 2019-2030)
Commercial
Residential
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Regional Outlook of the Pressure Washer Market
The global Pressure Washer market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In this section, authors of the report have studied the presence of the global Pressure Washer market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Pressure Washer Market report:
The latest report comprehensively studies the global Pressure Washer market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products & services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Table of Contents:
Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.
Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and global market size. It also covers market share and growth rate by regions.
Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.
Breakdown by Product and Application: This section provides details about market size by product and application.
Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.
Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.
Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.
Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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