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.
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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.
The analysts forecast Global Pressure Washer Market to grow at a CAGR of 4.14% during the period 2017-2021.
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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.
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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 Pressure Washer 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.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
List of Exhibits
Exhibit 01: Global pressure washer market overview
Exhibit 02: Global pressure washer market 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Global pressure washer market share by product type 2016 and 2021
Exhibit 05: Global pressure washer market by product type 2016-2021
Exhibit 06: Global electric pressure washer market 2016-2021 ($ millions)
Exhibit 07: Global engine-driven pressure washer market 2016-2021 ($ millions)
Exhibit 08: Global pressure washer market by end-user 2016 and 2021 (%)
Exhibit 09: Global pressure washer market by end-user 2016-2021 ($ millions)
Exhibit 10: Global pressure washer market in consumer segment 2016-2021 ($ millions) and more….
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