Published Date : 25 Nov 19 | Views: 135 | Industry : Machinery & Equipment
Usage
of Electric Pressure Washer in Car Washing To Propel Growth of Application
Segment
Based on the
product, the market is segmented into medium-duty, light-duty, and heavy-duty.
Based on applications, the market is segregated into the residential, commercial,
and industrial sectors. The industrial sector is witnessing high demand for
Electric Pressure Washer, particularly in the automobile industry as it is
extensively used in car washing, which is expected to propel the growth of the
segment.
High
Level of Spending Power in North America to Propel Growth of the Market
North America is
anticipated to witness growth due to the high usage of grill washing, car
washing, and patio washing. The consumers in the region have high spending power,
which is contributing to the growth of the market. High demand in the
Asia-Pacific region particularly in countries such as China and India is due to
increasing disposable income and change in lifestyle, which is fuelling the
growth of the market. Another reason contributing to the growth of the market
is the increasing number of people buying properties.
Design
Innovations and Product Development Expected to Boost Market Growth
Some of the key
players operating in the Electric Pressure Washer market include Nilfisk,
Karcher, Stihl, Bosch, Briggs&Stratton, TTI, Clearforce, Shanhai Panda,
Clearforce, Makita, Zhejiang Anlu, FNA Group, Himore, Lavorwash, Alkota, EHRLE,
Ousen, Zhejiang Xinchan, and Sun Joe. Market players are inclined to incorporate
joint ventures and offer new design innovations along with promoting product
development.
High
Awareness among Population of Developed Countries regarding Usage of Electric
Pressure Washer to Expand the Market Growth
The market is predicted
to witness growth due to increasing demand in the residential and hospitality
sector. Due to high awareness regarding the usage of electric powered pressure
washer and its effectiveness, the market is projected to grow significantly.
Increasing usage in cleaning buildings and car washing is likely to drive the
growth of the Electric Pressure Washer market over the next few years. However,
concerns regarding caution handling are likely to hamper the growth of the
market. Apart from that, the availability of alternative options such as
foam-based cleaning and sandblasting is anticipated to hinder the growth of the
market.
For further information, check: https://www.qyrconsulting.com/reports/electric-pressure-washer-market