Press release
Portable Pressure Washer Market to Reach Higher by 2027 | Alfred Karcher, FNA Group, Generac Power System, Briggs & Stratton.
Portable Pressure Washer Market
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Market Overview
End-User preference for less water-intensive cleaning equipment is shifting at a faster rate, which is expected to drive demand for Portable Pressure Washers in the coming years. This reversal in trend is due to increasing water scarcity around the planet. According to World Vision, 785 million people lack access to safe drinking water. For instance, as per World Vision, 785 million people lack access to clean water. That’s one in 10 people on the planet
Furthermore, as the number of vehicles on the road grows, so will the need for consumer pressure washers from homeowners.. For instance, worldwide car sales are expected to grow to 70 million automobiles in 2021, up from an estimated 63.8 million units in 2020. China was the largest automobile market based on car sales with around 21 million units in 2019
Moreover, pressure washing has a significant role in heavy industries, as it helps to increase the production capacity and efficiency of the industries. Automobiles, construction, and different ventures use gas pressure washers at a noteworthy rate. Expansion in the number of enterprises and development of the car division is anticipated to drive the gas pressure washer showcase during the forecast period
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COVID-19 Impact
The COVID19 has resulted in a profound re-evaluation of the advantages and costs of Portable Pressure Washer. The COVID-19 pandemic has caused disruption in supply chain worldwide. This has had a profound impact on Portable Pressure Washer. The rising spread of the virus led to strict lockdown restrictions across many countries around the globe. The supply chain and logistics were harmed as a result of the closing of borders across numerous countries. For instance, as per ISM in 2020, there is a 14% increase over the number of 2019 supply chain disruptors which was 3,700. It has resulted in significant disruptions to businesses and economic activities globally and is expected to have a short-term negative impact on the Portable Pressure Washer market due to limited or non-availability of raw material transport and disruption in service providers. This aspect led to a decrease in the growth rate of the Portable Pressure Washer market.
However, as the lockdown limitations has been decreased in various countries worldwide the supply chain has started gaining strength again and commercial as well as industrial operations has restarted. Therefore, Portable Pressure Washer market has been expected to experience fast growth during the forecast period.
Global Portable Pressure Washer Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Type, the market is primarily bifurcated into
• Gas
• Electric
• Others
The electric type segment dominated the by product and services of the global Portable Pressure Washer market and will row at --% CAGR to reach US$ -- Million by the year 2027.
By Application, the market is primarily segmented into
• Residential
• Commercial
• Industrial
Amongst the application, Commercial segment accounted for the largest share in 2020 and is expected to grow at --% CAGR during the forecast period 2021-2027.
By Sales Channel, the market is primarily segmented into
• Offline Channel
• Online Channel
Amongst the sales channel, online segment accounted for the largest share in 2020 and is expected to grow at --% CAGR during the forecast period 2021-2027.
sPortable Pressure Washer Market Geographical Segmentation Includes:
• North America (United States, Canada, and Rest of North America)
• Europe (Germany, United Kingdom, Italy, France, Spain, and Rest of Europe)
• Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
• Rest of the World
Based on the estimation, the North America region dominated the Portable Pressure Washer market with almost US$ -- Million in revenue in 2020.
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The major players targeting the market includes
• Alfred Karcher
• FNA Group
• Generac Power System
• Briggs & Stratton
• Nilfisk Group
• Snow Joe
• AR Blue Clean
• Clearforce
• Alkota Cleaning Systems
• Annovi Reverberi
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Portable Pressure Washer market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the Portable Pressure Washer market?
• Which factors are influencing the Portable Pressure Washer market over the forecast period?
• What are the global challenges, threats, and risks in the Portable Pressure Washer market?
• Which factors are propelling and restraining the Portable Pressure Washer market?
• What are the demanding global regions of the Portable Pressure Washer market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.
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About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
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