LONDON--(BUSINESS WIRE)--According to the latest market research report released by Technavio, the global pressure washer market is expected to accelerate at a CAGR of over 4% during the forecast period. The growth in vehicle ownership in APAC is one of the key drivers for the pressure washer market.
This research report titled ‘Global Pressure Washer Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The global pressure washer market analysis categorizes the market into the following product types:
- Electric pressure washers
- Engine-driven pressure washers
In 2016, the electric pressure washers segment accounted for nearly 55% of the pressure washer market share and is projected to contribute to more than 56% of the share by 2021, exhibiting over 1% increase in market share.
Global pressure washer market: Top emerging trend
The introduction of cordless pressure washers is a major trend in the market. There has been a development of advanced battery and motor technologies such as lithium ion and brushless motors over the last decade, which has made cordless electric power tools feasible for real-life use. Though this trend has been limited to conventional power tools used for drilling, sawing, and grinding, a few companies have introduced cordless battery-operated pressure washers. These washers are largely targeted toward home users, who require low-pressure washers to clean bikes, cars, windows, and other equipment at home.
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Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
- Market Outline
- Global Pressure Washer Market Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (electric pressure washers and engine-driven pressure washers)
- Market segmentation by end-user (consumer, commercial, and industrial)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Alfred Kärcher, Briggs & Stratton, FNA Group, Generac Power Systems, and Nilfisk Group)
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