Global Electric Power Washer Market 2016-2020
Published: Nov 2015 | Pages: 59 | SKU: IRTNTR7838 |
Market outlook of the electric power washer market
The growing interest of homeowners to spruce up backyards and the recent increase in the number of landscaping services will drive the global demand for electric power washers during 2016 and 2020. These factors impel the prospects for growth in this market during the forecast period and results in its healthy CAGR of approximately 5% by 2020.
The increase in construction activity is the key driver for the growth of this market. The global construction market is predicted to show strong growth during the forecast period and is heavily influenced by factors like globalization, urbanization, infrastructure renewal, and the escalating needs of developing “megacities.” These factors aid in the growth of the housing sector, which in turn positively affects the demand for power washers in the residential end-user segment.
Market segmentation of the electric power washer industry by end users
- Residential
- Commercial
In this market research report, Technavio analysts have predicted the residential segment to dominate the global market for electric power washers during the forecast period. In 2015, this segment dominated the market and accounted for a total market share of more than 60% due to its ability to wash objects more efficiently than its gasoline counterpart. The increased spending on outdoor power equipment due to a rise in personal income is a significant factor that is envisaged to incite market growth in this segment during the forecast period.
Geographical segmentation of the electric power washer market
- Americas
- Europe
- APAC
- ROW
Technavio’s market research analyst has estimated the Americas to retain its dominating hold over the market by the end of 2020. The prospects for growth in this region is driven by factors like the recent increase in personal income levels and the growth of the residential segment, which results in its massive market share of more than 56% by 2020.
Competitive landscape and key vendors
Though there are several vendors in the market with strong global presence, the domestic players have a larger share of the market due to their ability to develop innovative products, which can render the competitors' products obsolete.
The leading vendors in the market include -
- Simpson
- Generac
- Karcher
- Snowjoe
Other prominent vendors analyzed in this market study are AR North America, Ariens, Deere and Company, Greenworks Tools, Husqvarna, Stanley Black and Decker, STIHL, and TTI.
Key questions answered in the report
- What are the key factors driving the global electric power washer market?
- What are the key market trends impacting the growth of the global electric power washer market?
- What are the various opportunities and threats faced by the global electric power washer market?
- Trending factors influencing the market shares for the Americas, Europe, APAC, and the ROW?
- Key outcome of the five forces analysis on the global electric power washer market?
- Growth forecast of the global electric power washer market in power industry until 2020?
Technavio also offers customization on reports based on specific client requirement.
Related reports
Table of Contents
- Highlights
- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Global garden equipment market
- Global power washer market
- Global electric power washer market
- Five forces analysis
- Global electric power washer market by end-users
- Residential segment
- Commercial segment
- Global electric power washer market by geography
- Electric power washer market in Americas
- Electric power washer market in Europe
- Electric power washer market in APAC
- Electric power washer market in ROW
- Competitive scenario
- Market vendor analysis 2014
- Generac
- Kärcher
- Simpson
- Snow Joe
- AR North America
- Ariens
- Deere & Co.
- GreenWorks Tools
- Husqvarna
- Stanley Black and Decker
- STIHL
- TTI
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
- Off-the-shelf research reports
- Reports can be tailored to meet the customer's needs
- Trusted by more than 100 fortune 500 organizations
- Information about the market's key drivers, trends, and challenges
- Parent market analysis
- Every week, 50,000 people visit our subscription platform
- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis