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Pressure Washer Market to Garner $3.52 Billion by 2030: Emergen Research

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Pressure Washer Market to Garner $3.52 Billion by 2030: Emergen Research

September 13
23:45 2022
Pressure Washer Market to Garner $3.52 Billion by 2030: Emergen Research
Emergen Research
Increasing car washing stations in various countries is a key factor driving market revenue growth

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.

The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Pressure Washer industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2030.

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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The report also studies the key companies of the Pressure Washer market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed 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

Key Highlights From the Report

The portable segment accounted for a significant revenue share in 2021. Increasing demand from the automotive industry is a major factor driving market revenue growth. In addition, increasing consumer awareness regarding various benefits of using electric pressure washers is driving market revenue growth. Portable electric pressure washers provide various advantages when compared to non-portable ones. For instance, electric pressure washers are efficient, convenient, and cost effective than gas ones.  

The electric segment accounted for a significant revenue share in 2021. Significant improvements in product services are a major factor driving market revenue growth. In addition, market companies such as BKB Cleaning Company and others, are focusing on introducing low-cost, high-energy savings, and portable pressure washers. This has led to increasing demand for pressure washers in various countries. Moreover, an electrical pressure washer provides benefits such as lower upfront costs and lower Pound-Force per Square Inch (PSI, which have significantly increased acceptance among consumers in various regions.

The commercial segment accounted for a significant revenue share in 2021. Increasing farming activities, significant investments in construction activities, and increasing demand from the travel and tourism industry are major factors driving market revenue growth in this segment. For instance, pressure washers are utilized to clean fences around agriculture fields. In addition, it is used to clean mud and dirt attached to agricultural machinery such as chainsaws, lawn mowers, and others.

The report is a comprehensive research study of the global Pressure Washer market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/pressure-washer-market

The report further divides the Pressure Washer market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Pressure Washer market.

 

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

Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report offers a complete understanding of the Pressure Washer market in key regions with respect to regional production and consumption patterns, import/export, supply and demand dynamics, trends, growth prospects, and the presence of prominent players in each region. Each of the mentioned regions is analyzed based on the comprehensive market data obtained from the major countries of each region to impart a clear understanding of the market.

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Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Pressure Washer market?

What are the key product types and applications of the Pressure Washer industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Pressure Washer market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Pressure Washer Market by 2030?

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

About Us:

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 analyse 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 trends 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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