123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Pressure Washer Market Size, Share And Trends Forecast To 2026 | Marketsandmarkets

Profile Picture
By Author: Steve Stark
Total Articles: 138
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The global pressure washer market size is expected to grow from USD 2.5 billion in 2021 to USD 3.0 billion by 2026, at a CAGR of 4.2%. The growth of the market is attributed to increasing construction activities worldwide, rising number of car washing stations, and growing demand for pressure washers for commercial applications. However, factors such as availability of alternative cleaning methods and high risk associated with the use of pressure washers are restraining the market growth. On the flip side, rising adoption of pressure washers for residential applications and development of AI based pressure washers are expected to create opportunities for the adoption of pressure washers in the coming years. Moreover, government regulations on disposal of wastewater and water pollution and supply chain disruptions caused by COVID-19 pandemic acts as a challenge for the pressure washer market.

https://www.marketsandmarkets.com/Market-Reports/pressure-washer-market-125335426.html

Based on type, the market for the portable pressure washer held the largest share in 2020 and is estimated to remain the same during the ...
... forecast period. The growth of the segment is attributed to the portability of these washers that helps to meet the need for cleaning floors and objects. Portable pressure washers are compact and can be carried at the required destination for the cleaning of vehicles, equipment, tools, machines, and surfaces. These washers are convenient for storage as they do not require much space. They are highly adopted by commercial and residential applications.

Based on power source, the electric segment holds the largest share of the pressure washer market in 2020. The electric power source pressure washers are widely used for indoor and outdoor cleaning activities such as washing outdoor patio furniture, garden tools, pools, decks, house siding and fences, among others. The largest share of the segment is attributed to the increasing use of electric pressure washers for the cleaning of equipment, machines, and commercial buildings, as well as their growing adoption in residential applications.

Based on application, the market for commercial application is dominant in 2020. The growing construction activities in APAC are responsible for the adoption of pressure washers at construction sites. Besides, the governments of various countries are heavily investing in the expansion and development of commercial infrastructures, which is also fuelling the growth of the segment.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=125335426

The pressure washer market has been segmented into North America, Europe, APAC, and RoW. The market in APAC is expected to grow at the highest CAGR from 2021 to 2026. There is a high demand for pressure washers in China due to rapid industrial growth and a rising population, which leads to an increase in residential activity. The country is one of the biggest exporters of pressure washer components. The agricultural industry is expected to be one of the key contributors to the growth of the pressure washer market in APAC during the forecast period. Increased adoption of pressure washers for cleaning farming equipment for better yield production and profitability is estimated to fuel the growth of the market in the region over the forecast period.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:               

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Total Views: 102Word Count: 701See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Global Agoraphobia Market To Reach $2 Billion By 2030
Author: Lucintel LLC

2. Lucintel Forecasts The Global Acute Care Hospital Bed And Stretcher Market To Reach $11 Billion By 2030
Author: Lucintel LLC

3. Lucintel Forecasts The Global Fibromuscular Dysplasia Treatment Market Is Expected To Grow With A Cagr Of 7.3% From 2024 To 2030
Author: Lucintel LLC

4. Elegant Glass Block Styles To Elevate Your Interior Decor
Author: ADVAN

5. Discover The Beauty Of Floating Stair Treads In Design
Author: ADVAN

6. Maximizing Bulk Sms Services Online
Author: Make My SMS

7. A Comparative Guide For Front-end Development: Angularjs Vs Reactjs
Author: Alena Mage

8. 7 Ways To Find New Donors: Tips For New Nonprofits
Author: Yash

9. Convenient And Reliable Taxi Service In Denver: Serving Thornton And Longmont
Author: Rebecca Jones

10. Sustainability Meets Tech - Eco-friendly Solutions In Modern Interior Design
Author: Alaikha

11. A Brief Guide To Stainless Steel Round Bars
Author: Neelkamal Alloys LLP

12. Digital Marketing And Freelancing: The Perfect Match For The Modern Workforce
Author: shahla

13. Upgrade Your Financial Infrastructure: The Key Role Of An Accounting Data Migration Agency
Author: admin

14. Union Tee Manufacturers In India
Author: Vivek Shah

15. How To Remove Black Magic From Your Home
Author: Shardanand Shastri

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: