Press release
Automatic Car Wash Machine Market to Witness Huge Growth by 2025: Autec, Carolina Pride Car Wash Systems & Solutions, Coleman Hanna, MacNeil Wash Systems, Motor City Wash Works, PECO Car Wash Systems, Prestige Car Wash Equipment, WashTec, Washworld
Automatic Car Wash Machine market is expected to grow from US$ US$ 4.93 Bn in 2017 to US$ 6.61 Bn by 2025 at a CAGR of 3.7% between 2017 and 2025.The sales of automatic car wash machines is largely influenced by numerous economic and environmental factors. The sales pattern for automatic car wash machines have faced similar ups and downs as the global economy. Therefore, the global economy plays a key role in the development of automatic car wash machine market.Amongst the environmental factors, weather anomalies affect the business of the industry. Driveway washing systems resulted in huge water wastages and exposed the environment to hazardous materials with wastewater.
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The report enables you to-
- Formulate significant competitor information, analysis, and insights to improve R&D strategies
- Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
- Identify and understand important and diverse types of Automatic Car Wash Machine under development
- Develop market entry and market expansion strategies
- Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
- In-depth analysis of the product's current stage of development, territory and estimated launch date.
Integration of water reclamation systems in the car wash machines has drastically reduced the consumptions of water in a single car wash. Also, the wastewater emitted after washing of a car is first treated properly and then emitted in the sewage systems reducing the potential risks caused to the environment. With increasing moves on sustainability by Governments of various countries, the automatic car wash machines which has witnessed rapid growth since 2013 in its implementations would gradual move towards more eco-friendly car washing equipment.
Leading Key Players:
Autec, Inc.
Carolina Pride Car Wash Systems & Solutions
Coleman Hanna
MacNeil Wash Systems
Motor City Wash Works
PECO Car Wash Systems
Prestige Car Wash Equipment
WashTec AG
Washworld, Inc
As per the automatic car wash machine market research, there are approximately 80,000 car wash locations in Europe. In Europe, majority of the car wash locations are controlled by the medium to larger sized petroleum companies. Also, in the matured market of Europe and individual prefers to go for a professional car wash instead of washing it himself/herself. Cost of land is quite high in Europe and therefore the convenience store owners have implemented in-bay automatics car wash systems at their places.
The in-bay automatics car washes solve issues regarding space constraints and act as separate profit centers at the C-store locations. The C-stores include supermarkets, hypermarket stores and shopping malls. Additionally, the petroleum and gasoline operators also implement in-bay automatics car washes in a bid to provide value-added services to their customer.
Automatic Car Wash Machine market by systems is segmented into tunnel car wash systems, in-bay automatics car wash systems and self-serve car wash systems. The rise in disposable incomes of individuals in the developed as well as developing economies, rising implementations of strict water regulations on the usage of water for car washing purposes are some of the factors that are proving to be highly conducive to the growth of professional car wash machines market. automatic car wash machine market is highly fragmented market with the top ten companies accounting for approximately 20% of the market share. Less entry barriers to enter the business has favored the influx of many small companies into this business.
The overall automatic car wash machine market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis.
The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the automatic car wash machine market.
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Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automatic Car Wash Machine Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Automatic Car Wash Machine Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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