Global Pressure Washer Markets, 2021-2026 - Preference for Cordless Pressure Washers & Significance of Professional Contract Cleaning Services

2021-06-03 06:04:19

(MENAFN- PR Newswire) DUBLIN, June 3, 2021 /PRNewswire/ -- The report has been added to ResearchAndMarkets.com's offering.

The global pressure washer market by revenue is expected to grow at a CAGR of over 4% during 2020-2026.The global pressure washer market research report includes a detailed segmentation by power source, operation, output, end-user, geography. In 2020, electric-powered technology dominated the global market with a share of over 54%.

Electric-powered devices are highly affordable powerful machines that are used in several industrial and commercial sectors. They are also finding applications in the residential sector. While the future of pressure washers is oriented towards battery-powered models, the demand for gas variants is expected to decline during the forecast period, where sustainability and eco-friendliness are also significant points of concern.

Battery-powered machines are rapidly being adopted in the residential segment. These machines can be compared to electric machines in terms of power, but they have a limited runtime. Thus, battery-powered machines are not a feasible option in several commercial and industrial applications. Therefore, the penetration remains limited. The high price of the machine is also contributing to its significant share in the market revenue.In terms of revenue, the hot-water pressure washer segment dominates the market and is expected to witness the highest revenue growth during the forecast period. Consumers are mainly looking portable and easy to use hot-water pressures. These washers are also three times more expensive than cold-water ones. The use of these complex machines is primarily limited to industrial and commercial sectors.The 0-1500 PSI segment accounted for a market share of over 12% in 2020. However, it is expected to be one of the fastest-growing segments because of the increasing demand for battery-powered pressure washers and the increasing demand for electric machines for domestic usage. Most electric-corded pressure washers have an output pressure capacity of below 3000 PSI. Pressure washers with 3000 PSI can remove the toughest stains and dirt; they can also scrape paints, mud, and oil within seconds.In 2020, the residential segment accounted for 41%, majorly driven by North America and European regions. In the residential segment, pressure washers for cleaning garden tools, fences, lawns, and sidewalks accounted for 11% in 2020, followed by vehicles such as scooters, motorbikes, and cars, a share of 9.5% of the global pressure washer market share. Owing to the high affordability, portability, and ease of use, pressure washers are increasingly adopted in domestic cleaning activities.

INSIGHTS BY GEOGRAPHY The European pressure washer market is expected to reach USD 1.2 billion by 2026, growing at a CAGR of 4% during the forecast period. Estonia, Malta, Hungary, and Lithuania recorded the largest growth in residential building construction permits, thereby emerging as a potential market for pressure washers and contract cleaners.

The growth of the European market is mainly supported by rising business investments, the increasing commercial and residential construction, government spending on infrastructure, and the growth in the hospitality sector supported by the rise in travel and tourism in the region. While Brexit poses a potential threat to the overall cleaning equipment market, the market is expected to witness positive growth in power cleaning equipment.

In countries such as Spain, the market is highly influenced by the public and private swimming pools where pressure washers can be potentially adopted. In Italy, the pressure washer market share is mainly driven by the increased outsourcing of cleaning tasks to contract cleaners and the declining cost of pressure cleaning.

KEY QUESTIONS ANSWERED:

How big is the pressure washing industry?
What are the top trends in the powered pressure washer market?
Who are the key players in the pressure washer market?
Which segment accounted for the largest pressure washer market share in 2020?
What are the factors driving the pressure washer market?

Prominent Vendors

Alfred Karcher
Nilfisk
FNA Group
Robert Bosch GmbH
Briggs & Stratton

Other Prominent Vendors

Generac Power Systems
Lavorwash Group
Alkota Cleaning Systems
Annovi Reverberi Group
Deere & Company
Snow Joe + Sun Joe
Stanley Black & Decker
IPC Solutions
Techtronic Industries (TTI)
Husqvarna
Koblenz Electrica SA
SIMONIZ
STIHL
Koki Holdings
Makita Corporation
ANLU
Greenworks Tools
Mi-T-M Corporation
Northern Tool + Equipment
Snap-on
Vortex Industries
Troy-Bilt
DuroMax
RIDGID
Yamaha
Deluxe Cleaning Systems
AVA of Norway
WEN Products
Westinghouse Electric Corporation
BE Power Equipment

Key Topics Covered: 1 Research Methodology 2 Research Objectives 3 Research Process 4 Scope & Coverage 4.1 Market Definition4.2 Base Year4.3 Scope of The Study 5 Report Assumptions & Caveats 5.1 Key Caveats5.2 Currency Conversion5.3 Market Derivation 6 Market at a Glance 7 Introduction 7.1 Overview7.2 COVID-19 IMPACT 8 Market Opportunities & Trends 8.1 Rise in Adoption of Consumer Pressure Washers8.2 Preference for Cordless Pressure Washers8.3 Significance of Professional Contract Cleaning Services8.4 Declining Vehicle Ownership 9 Market Growth Enablers 9.1 Growth in The Vehicle Washing Industry9.2 Rise in End-Use Applications9.3 Growth in Sales of Gardening Equipment 10 Market Restraints 10.1 Availability of Alternative Cleaning Methods10.2 High Noise Emission of Pressure Washers10.3 High Chances of Injuries 11 Market Landscape 11.1 Market Overview11.2 Market Size & Forecast11.3 Five Forces Analysis 12 Power Source 12.1 Market Snapshot & Growth Engine12.2 Market Overview12.3 Electric12.4 Gas12.5 Battery 13 Operation 13.1 Market Snapshot & Growth Engine13.2 Market Overview13.3 Hot-Water13.4 Cold-Water 14 Output 14.1 Market Snapshot & Growth Engine14.2 Market Overview14.3 0-1,500 PSI14.4 1,501-3,000 PSI14.5 3,001-4,000 PSI14.6 Above 4,000 PSI 15 End-Users 15.1 Market Snapshot & Growth Engine15.2 Market Overview 16 Residential 16.1 Market Snapshot & Growth Engine16.2 Market Overview16.3 Garden16.4 Vehicles16.5 Swimming Pools and Large Patio Areas16.6 Bicycles16.7 Others 17 Commercial 17.1 Market Snapshot & Growth Engine17.2 Market Overview17.3 Automobile17.4 Construction17.5 Public and Municipality17.6 Retail17.7 Hospitality17.8 Healthcare17.9 Agriculture17.10 Others 18 Contract Cleaners 18.1 Market Overview