Pressure Washer Market by Type, End-user, and Geography - Forecast and Analysis 2020-2024

  • Published: Apr 2020
  • Pages: 120
  • SKU: IRTNTR43198
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The pressure washer market size has the potential to grow by $ 529.40 mn during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by type (electric pressure washers and engine-driven pressure washers), end-user (consumer, commercial, and industrial), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Alfred Kärcher SE & Co. KG, Briggs & Stratton Corp., Deere & Co., FNA GROUP, Generac Power Systems Inc., Husqvarna AB (publ), Nilfisk AS, Robert Bosch GmbH, Stanley Black & Decker Inc., and Techtronic Industries Co. Ltd..

Market Overview

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Market Competitive Analysis

The market is concentrated. Alfred Kärcher SE & Co. KG, Briggs & Stratton Corp., Deere & Co., FNA GROUP, Generac Power Systems Inc., Husqvarna AB (publ), Nilfisk AS, Robert Bosch GmbH, Stanley Black & Decker Inc., and Techtronic Industries Co. Ltd. are some of the major market participants. Factors such as increasing demand for diy tools will offer immense growth opportunities. However, high cost of pressure washing equipment may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this pressure washer market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this pressure washer market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Alfred Kärcher SE & Co. KG
  • Briggs & Stratton Corp.
  • Deere & Co.
  • FNA GROUP
  • Generac Power Systems Inc.
  • Husqvarna AB (publ)
  • Nilfisk AS
  • Robert Bosch GmbH
  • Stanley Black & Decker Inc.
  • Techtronic Industries Co. Ltd.

 

Pressure Washer Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The steady growth in maintenance and cleaning services industry will significantly influence pressure washer market's growth in this region.

37% of the market’s growth will originate from North America during the forecast period. The US is the key market for the pressure washer market  in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the pressure washer market size.

Pressure Washer Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will pressure washer market growth during the next five years
  • Precise estimation of the pressure washer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the pressure washer industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pressure washer market vendors

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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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The pressure washer market growth will increase by $529.40 million during 2019-2024.
The pressure washer market is expected to grow at a CAGR of 3.58% during 2019-2024.
Technavio has segmented the pressure washer market by end user (Consumer, Commercial, and Industrial) and geographic (North America, Europe, APAC, and South America).
Alfred Kärcher SE & Co. KG, Briggs & Stratton Corp., Deere & Co., FNA GROUP, Generac Power Systems Inc., Husqvarna AB (publ), Nilfisk AS, Robert Bosch GmbH, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd. are a few of the key vendors in the pressure washer market.
North America will register the highest growth rate of 41.62% among the other regions. Therefore, the pressure washer market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the pressure washer market growth are:
  • Growth in vehicle ownership in APAC
  • Increasing focus on edge computing
The pressure washer market vendors should focus on grabbing business opportunities from the consumer segment as it accounted for the largest market share in the base year.
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