DUBLIN--(BUSINESS WIRE)--The "The US Car Wash Equipment Market (2017-2021 Edition)" report has been added to Research and Markets' offering.
The US Car Wash Equipment Market (2017-2021 Edition) provides an analysis of the US car equipment market with description of market size and growth pattern in the market. The analysis summarizes market by value and by segment. The report also provides a brief analysis of market segments in terms of value.
The growth of the overall US car wash equipment market has also been forecasted for the period 2017-2021, taking into consideration the growth patterns, the growth drivers and the current and future trends.
Previously, the market is dominated by some major players such as WashTec but over the past few years, rapid growth of the car wash industry and the increased competitiveness of smaller car wash service providers make the industry more competitive. Key players of the market such as WashTec, Coleman Hanna, National Carwash Solutions and, Sonny's Enterprises Inc. have been profiled in the report with their financial information and respective business strategies.
The US car wash equipment market has shown upward trends over the past few years and is expected to grow at a rapid pace in the forecasted period (2017-2021) also. The growth in the market was primarily because of sound growth in the vehicle population and rising demand for vehicle detailing. Technological advancements allow people to recognize the importance of good car wash which resulted in more people want to ensure their car washes are done in a right way and long lasting. This leads to increasing demand for higher end detailing services.
Other growth drivers such as lower gas prices, rising disposable income of the US population, technological advancements such as touch-free and hybrid washing technology, advanced water recycling systems, economical innovations etc. are expected to fuel the demand for car washing equipments in upcoming years. Yet the market is restricted by some challenges such as barrier to new entrants and, increased volume of cars washed at a lower profit margin per vehicle.
- Coleman Hanna
- National Carwash Solutions
Sonny's Enterprises Inc.
Key Topics Covered:
1. Executive Summary
3. The US Market Analysis
4. Competitive Landscape
5. Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/3q5sdt/the_us_car_wash