LONDON--(BUSINESS WIRE)--The global pressure washer market is expected to grow by USD 529.40 million as per Technavio. Healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 4%.
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Read the 120 page report with TOC on "Pressure Washer Market Analysis Report by Type (Electric pressure washers and Engine-driven pressure washers), End-user (Consumer, Commercial, and Industrial), Geography (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2020-2024".
The market is driven by the increasing demand for DIY tools. In addition, the steady growth in the maintenance and cleaning services industry is anticipated to boost the growth of the pressure washer market.
DIY consumers are one of the major end-users of pressure washers. Consumers in developed countries prefer to do home improvement and maintenance work themselves due to the high cost of labor. The DIY trend is also gaining popularity in developing regions such as Latin America, China, and India due to the rising disposable incomes and increasing acceptance of DIY tools and equipment, such as pressure washers for maintenance and repair works. Also, vendors in the market are undertaking several advertisements and promotional activities to increase awareness about the benefits of such tools and equipment among consumers. These factors are positively influencing the growth of the global pressure washers market.
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Major Five Pressure Washer Companies:
Alfred Kärcher SE & Co. KG
Alfred Kärcher SE & Co. KG operates its business through segments such as Home & Garden and Professional. The company offers a wide range of pressure washers such as K 7 Premium Full Control Plus, K 7 Premium Full Control Plus Home, K 7 Compact Home, K 5 Premium Full Control Plus Home, K 3 Premium Full Control, and others.
Briggs & Stratton Corp.
Briggs & Stratton Corp. operates its business through segments such as Engines and Products. The company offers a wide range of pressure washers such as 1700 MAX PSI / 1.3 MAX GPM, 1800 MAX PSI / 1.3 MAX GPM, 2200 MAX PSI / 1.9 MAX GPM, 3000 MAX PSI / 2.7 MAX GPM, and others.
Deere & Co.
Deere & Co. operates its business through segments such as Agriculture and turf, Construction and forestry, and Financial services. The company offers a wide range of pressure washers products and accessories. Some of its key offerings include Hand Carry Pressure Washer (HR-1400E), Cold Water Pressure Washer with Honda Engine (HR-2620GHV), Cold Water Pressure Washer with OHV Engine (HR-2620GMV), and others.
FNA GROUP operates its business through the Products segment. The company offers a wide range of electric pressure washers under its brand, Power Washer. The products offered by the company are easy-to-use, built-to-last, and environmentally-friendly.
Generac Power Systems Inc.
Generac Power Systems Inc. operates its business through segments such as Domestic and International. The company offers a wide range of pressure washers such as Speedwash 2900PSI Pressure Washer System, OneWash Pressure Washer with PowerDial Gun, Speedwash 3200PSI Pressure Washer System, and others.
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Pressure Washer Market Type Outlook (Revenue, USD Million, 2020-2024)
- Electric pressure washers
- Engine-driven pressure washers
Pressure Washer Market End-user Outlook (Revenue, USD Million, 2020-2024)
Pressure Washer Market Geographic Outlook (Revenue, USD Million, 2020-2024)
- North America
- South America
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