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The key highlights of the report include:
Market Overview (2015-2025)
• Forecast CAGR (2020-2025): 8%
North America accounted for a significant proportion of the demand for pressure washer in the year 2019. The rising demand from the application segments of pressure washer, such as industrial use, commercial use, and residential cleaning applications, is driving the growth of the pressure washer industry, further facilitated by the increasing disposable incomes in the region.
Within the Asia Pacific, countries such as India and China are rising economically, which has made it possible to estimate a significant increase in the demand for pressure washer in the Asia Pacific in the forecast period. Some other factors which are expected to propel the growth of the demand for pressure washer are rapid industrialisation, increasing disposable incomes, and changing lifestyles.
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Industry Definition and Major Segments
Pressure washer is essentially a motorised hosepipe used to spray a high stream of water and yet consume less water than a garden hose. It is also known as a jet washer or power washer. It is used to deliver a powerful concentrated jet of water in order to remove dirt more effectively than a brush. Some of the components involved in a pressure washer are filters, pumps, high-pressure resistance hose, and more.
By fuel type, the market is segmented into:
• Electric Powered
• Diesel Powered
• Gasoline Powered
Based on type, the industry is bifurcated into:
• Fixed
• Portable
On the basis of product, the market is divided into:
• Heavy Duty
• Medium Duty
By distribution channels, the industry is bifurcated into:
• Online
• Offline
On the basis of application, the industry is segmented into:
• Residential
• Commercial
• Industrial
The major regions in the market are:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Market Trends
The global pressure washer industry is being driven by the steadily increasing car washing industry due to their requirement of pressure washers to clean off the dirt from the cars. With increasing vehicles on the road and the rising disposable income, the need for car washing units are increasing, thus, increasing the demand for pressure washers. Pressure washer manufacturers across the globe are innovating with their pressure washers to make them more efficient, such as adding pressure water systems with improved features like a built-in water purifier to prevent debris and dust, a pressure switch for automatic motors, and more. Furthermore, the innovation of a compact and easily mobile pressure washer system can increase the demand for pressure washers residentially as well as industrially.
Key Market Players
The major players in the market are Generac Power Systems, Inc., Koki Holdings Co., Ltd., Briggs & Stratton Corporation (OTCMKTS: BGGSQ), FNA Group, Robert Bosch Power Tools GmbH, Kärcher SE & Co. KG, and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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