Pressure Washer Market Forecasts to 2028 – Global Analysis By Product (Heavy Duty, Medium Duty), Component (Water Pump, Electric Motor/Gas Engine, High-pressure Hose, Nozzle), Application, and By Geography"/B>
According to Stratistics MRC, the Global Pressure Washer Market is accounted for $2.47 billion in 2022 and is expected to reach $3.31 billion by 2028 growing at a CAGR of 5.0% during the forecast period. Pressure washers are mechanical splashing gadgets utilized for cleaning the soil particles collected on the hard surfaces. Pressure water frameworks are broadly utilized in the private, business and modern cleaning applications. Pressure washing plays a huge part in weighty businesses, as it assists with expanding the productivity and creation limit of the modern supplies. A pressure washer is equipped for producing pressure going from 1500 to 5000 pounds for every square inch (psi). The parts of pressure washer framework incorporate; siphon, channel and high tension opposition hose each having various capacities. Water is siphoned from the repository with the assistance of siphon and it is catapulted at high tension from the pressure washer outlet. Pressure water makers are centred on building progressed items obliging the need of end clients. For example, factors, for example, power yield, water stream rate, weight, water tension and frill accessibility with the strain washer are key basics for purchasing a private pressure washer.
In 2021, Midea's microwaves accounted for approximately 50 percent of the online household appliance market in China, based on the retail sales value. Midea Group had generated nearly 341 billion yuan revenue in that year. Today, the household appliance manufacturing industry accounts for a significant portion of the global market. In 2019 the industry was valued at $307.6 billion, a 6.9 percent growth since 2015. Estimates now suggest the international appliance manufacturing market will continue growing at an expedited rate of nearly 9 percent, reaching $433.4 billion by the end of 2023.
Market Dynamics:
Driver:
Growing inclination of pressure washers in residential uses
In general, consumers prefer traditional cleaning methods or different cleaning products in residential applications. Moreover, traditional cleaning methods are requiring a lot of energy, time-consuming, and elbow grease. Pressure washers are gaining traction among residential users for washing a variety of surfaces. These washers are easy, efficient, and quick in removing mud, dirt, dust, grime, and loose paint. The pressure washers are suitable for cleaning decks, house siding, gardens, driveways, and patio furniture.
Restraint:
Presence of substitutes
Exterior surfaces such as loose wood or loose vinyl siding cannot take excess pressure and would fall off or deteriorate or can even crack by the pressure of water as the blast of water from pressure washers is powerful and can be too much for some surfaces. Moreover, pressure washers can also damage the paint and cause it to peel off if the surface is painted. Hence, end user prefers various alternative methods for the cleaning of numerous objects and surfaces. Two of the alternatives preferred by end users are sandblasting and foam cleaning techniques.
Opportunity:
Rapid rise in the construction activities
Growing urban population, increasing number of commercial and residential construction projects; and rising industrialization are some of the factors responsible for the development of infrastructure in both developed and developing economies. The governments of various countries are undertaking initiatives for the development of infrastructure and are investing heavily in the same. This factor is increasing the demand for pressure washers, as cleaning a construction site requires specialized and powerful tools.
Threat:
Increasing government regulations
Pressure washers are extensively utilized for the cleaning of various objects and surfaces. They help in eliminating dust, soil, grime, oil, oil, and harmful synthetic compounds from hardware, vehicles, machines, and surfaces. The expulsion of the pollutants from these articles through the water impact might run alongside water into a tempest channel. The water gathered in the tempest channel isn't treated prior to going into lakes and streams, which brings about water contamination. Consequently, it is fundamental to foster a clean sewer for the removal of wastewater and to keep away from water contamination.
Covid-19 Impact
The sudden outbreak of the novel coronavirus has adversely affected the growth of industrial and commercial applications. A decline had been witnessed in the adoption of pressure washers from various industries in 2020. Besides, shutdown of manufacturing facilities across the world in the Q1 and Q2 of 2020 is also responsible for the decline in the growth of the market in 2020. However, the increasing usage of pressure washers by the homeowners is estimated to increase adoption of pressure washer. However, the market value may not reach that of the pre-COVID-19 value until 2026.
The portable segment is expected to be the largest during the forecast period
The portable segment is estimated to have a lucrative growth due to the portability of these washers that aid to meet the need for cleaning floors and objects. Portable pressure washers minimal and can be conveyed at the necessary objective for the cleaning of vehicles, gear, devices, machines, and surfaces. These washers are helpful for capacity as they don't need a lot of room. They are profoundly embraced by business and private applications.
The above 4000 PSI segment is expected to have the highest CAGR during the forecast period
The above 4000 PSI segment is anticipated to witness the fastest CAGR growth during the forecast period with its increasing application in the construction industry and municipalities. Growing construction and remodeling activities across the globe will support the market proliferation. The equipment is efficient in cleaning the brick and mortar surfaces and damaged concrete for resurfacing. In addition, its use to remove graffiti and spray paint will induce substantial growth potential.
Region with largest share:
North America is projected to hold the largest market share during the forecast period due to the increasing growth of building exterior cleaning industries and increasing inclination towards auto detailing. The consumers prefer pressure washers compared to garden hose driven by their efficiency to impart superior cleanliness. The presence of commercial vehicle cleaning centers in the region will escalate the market growth.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period. There is an appeal for pressure washers in China because of quick modern development and a rising populace, which prompts an increment in private action. The nation is probably the greatest exporter of pressure washer parts. The horticultural business is relied upon to be one of the vital supporters of the development of the pressure washer market in APAC during the estimate time frame. Expanded reception of pressure washers for cleaning cultivating gear for better yield creation and benefit is assessed to fuel the development of the market in the area over the forecast period.
Key players in the market
Some of the key players profiled in the Pressure Washer Market include Alfred Kärcher SE & Co. KG, Annovi Reverberi Spa, Briggs & Stratton, FNA Group, Generac, IP Cleaning Srl, Nilfisk Group, Power Systems, Inc, Stanley Black & Dercker, Inc, and Techtronic Industries Co. Ltd.
Key Developments:
In February 2021, Nilfisk Group launched the next-generation high-pressure washers with four new models: 125,130,140, and 140 In-Hand Power control pressure washers. These new models are designed with new features, such as internal hose reel, ultra-flex hose, and in-hand power control.
In April 2021, Alfred Kärcher SE & Co. KG launched the K Mini pressure washer. The K Mini pressure washer extends the product range of the company’s pressure washers and is designed for applications such as bicycles, prams, scooters, flowerpots, and garden furniture.
Power Sources Covered:
• Electric Powered
• Diesel Powered
• Gasoline Powered
• Battery Powered
Types Covered:
• Portable
• Non-Portable
Operations Covered:
• Hot Water
• Cold Water
Pounds per Square Inch (PSI) Pressures Covered:
• 0 – 1500 PSI
• 1501 – 3000 PSI
• 3001 – 4000 PSI
• Above 4000 PSI
Products Covered:
• Heavy Duty
• Medium Duty
Components Covered:
• Water Pump
• Electric Motor/Gas Engine
• High-pressure Hose
• Nozzle
Distribution Channels Covered:
• Online
• Offline
Applications Covered:
• Car Washer
• Garden Washer
• Home Exterior Washer
• Floor Cleaning
• Cleaning Company
• Property Company
• Repair Shop
• Marine
End Users Covered
• Commercial
• Residential/DIY
• Industrial
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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