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Global Vehicle Wash System Market 2019-2023

  • Published: Oct 2018
  • Pages: 101
  • SKU: IRTNTR30046
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The vehicle wash system market size will grow by USD 1.06 billion during 2019-2023. This report offers an analysis of the market based on end-user (PC, CV, and two-wheelers) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several companies including AUTOBASE, InterClean Equipment, VEHICLE WASH SYSTEMS, WashTec, and Washworld.

Below are some of the key findings from the vehicle wash system market research report

Vehicle Wash System Market

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Global vehicle wash system industry overview

One of the key factors contributing to the growth of the global vehicle wash system market is the need for water-efficient products. Traditional car washing centers use a sponge and large volumes of water for thorough cleaning. To combat water scarcity, governments are regulating water usage. Vehicle wash systems use less water as compared to traditional wash techniques. To ensure efficient use of water, vehicle wash systems use targeted applicator systems. Water is pumped at high pressure from these systems and is mixed with cleaning solutions such as body soap, presoak, sealant, and spot-free rinse aid. The mixture is made with correct proportions which ensure less water usage when compared to other cleaning methods. Small rinse arches with low distance from the vehicle and high pressure efficiently use water for cleaning. This method cuts down the quantity of water used by half when compared to traditional cleaning methods.

Increased adoption in untapped regions is one of the major trends being witnessed in the global vehicle wash system market. In developed countries such as the US, the UK, and Canada, vehicle wash system is widely used. These countries have several automatic vehicles wash centers at various locations for easy access. In developing countries such as India and China, vehicle wash technologies are not common due to the lack of vendors and service providers in the region. Such regions can be targeted for further growth of the market. The vehicle wash system market forecast report predicts that fueled by such factors the market will grow at a CAGR of over 3% during the forecast period.

Top vehicle wash system companies covered in this market research report

The vehicle wash system market is highly fragmented. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the companies, this vehicle wash system industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • AUTOBASE
  • InterClean Equipment
  • VEHICLE WASH SYSTEMS
  • WashTec
  • Washworld

Vehicle wash system market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for the companies, the Americas will account for the highest growth of this market throughout the forecast period. The Americas led the market in 2018, and the region is expected to maintain its dominance of the market through 2023.

Vehicle wash system market segmentation based on end users

  • PC
  • CV
  • Two-wheelers

The PC segment will account for the highest growth in the market. The PC segment held the largest market share in 2018, accounting for nearly 72% of the market. Additionally, the report also provides an accurate prediction of the contribution of the various end users segments to the growth of the vehicle wash system market size.

Key highlights of the global vehicle wash system market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the vehicle wash system market during the next five years
  • Precise estimation of the global vehicle wash system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the vehicle wash system industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market's competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of vehicle wash system companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • PC - Market size and forecast 2018-2023
  • CV - Market size and forecast 2018-2023
  • Two-wheelers - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY WASH TYPE

  • Market segmentation by wash type

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Americas - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • AUTOBASE
  • InterClean Equipment
  • VEHICLE WASH SYSTEMS
  • WashTec
  • Washworld

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations

PART 16: EXPLORE TECHNAVIO

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.

TechnavioINFORMATION 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
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TechnavioDATA 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
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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