Selbyville, Delaware, April 06, 2020 (GLOBE NEWSWIRE) --
Global Market Insights, Inc. has recently added a new report on high pressure washers market which estimates the global market valuation for high pressure washers will cross US$ 3.1 billion by 2026. Expanding demand for cleaning equipment for food industry will drive the product demand over the forecast period.
High pressure washers are mechanical cleaning equipment utilizing water sprays to remove mud, graffiti, paint, dust, grime from surfaces of walls, machines, and floors. High pressure washers are used in number of industries ranging the from food, commercial vehicle cleaning to mining, oil & gas. Some pressure washers are even used in industry cutting tools in manufacturing sector. A wide range of HPW are available in different power, design, water temperature, hose design for extensive number of applications.
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Portable high pressure washers market account for almost three-fourth of the overall industry in terms of revenue. The portable products are increasing in demand due to its easy mobility, compact design and easy handling. Most of the portable pressure washers are provided with 2 or 4 wheels for maneuvering. The greatest advantage of using portable HPW is its capacity to allow user to clean difficult spaces such as under trucks or high walls.
Global high pressure washers units under 1500 PSI will showcase a steady rate of progress of over 2.0% over the forecast period. Under 1500 PSI pressure washers are largely used for homeowner and janitorial applications where the force of water is suitable for simple cleaning purposes. It is commonly used by commercial and homeowners for regular cleaning in North America and Europe and is expected to grow on account of its increasing demand in Asia Pacific.
Hot water pressure washers are largely used in the industry to remove greasy stains form equipment or vehicles surfaces, mainly in mining, construction, manufacturing and oil & gas industry. Hot water pressure washers will be growing at the rate of over 3.1 % over the forecast period.
Browse key industry insights spread across 311 pages with 1929 market data tables & 30 figures & charts from the report, “High Pressure Washers Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/high-pressure-washers-market
Pressure washers market is additionally segmented on basis of its power source of pumps, i.e., electric, gas and other. The other segment includes hydraulic and pneumatic powered pressure washers. It is employed in limited capacity for routine maintenance in manufacturing industry. However, its high maintenance and technology cost, it is not widely used across the globe.
Among the application segments, high pressure washers are increasingly used in mining, agriculture and oil & gas industry. Pressure washers are used in mining and oil & gas to clean complex machinery parts and vehicles, drillers, boring machines to get rid of grease and mud so as to maintain these tools and equipment. In agriculture, pressure washers are usually used to clean vehicles such as tractors and farm equipment.
Some major findings of the high pressure washers market report include:
- Growing focus for cleanliness in commercial, homes and industry will drive the product market.
- Demand for portable pressure washers will gain traction in the coming years.
- High pressure washers in range of under 1500 PSI will be steadily growing in demand.
- Hot water high pressure washers will gain primary demand over the forecast period.
- Demand for HPW will grow in the mining and oil & gas industry.
- Europe cleaning equipment market will govern the HPW market.
High pressure washers market will mainly grow owing to the rising cleaning equipment market in the Europe. Countries such as Germany and U.K are already spending significant resources to clean its surrounding environmental and public space.
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Partial chapters of report table of contents (TOC):
Chapter 2. Executive Summary
2.1. High pressure washers market 360° synopsis, 2016 – 2026
2.1.1. Business trends
2.1.2. Product trends
2.1.3. PSI trends
2.1.4. Temperature trends
2.1.5. Driving Force trends
2.1.6. Application trends
2.1.7. Regional trends
Chapter 3. High Pressure Washers Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2016 – 2026
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Manufacturers
3.3.3. Profit Margin
3.3.4. Value addition
3.3.5. Distributor channel analysis
3.3.6. Vendor matrix
3.4. Innovation & sustainability
3.4.1. Patent analysis
3.4.2. Production process
3.4.3. Future trends
3.5. Raw material analysis
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Price trends
3.7.1. Price by PSI
3.7.2. Price by region
3.8. Industry impact forces
3.8.1. High Pressure Washers Market Growth Drivers
3.8.1.1. Global drivers
3.8.1.1.1. Global demand for cleaning equipment
3.8.1.1.2. Increasing awareness regarding cleanliness
3.8.1.1.3. Growing demand of pressure washers from car wash centers
3.8.1.1.4. Proliferating mining industry across the globe
3.8.1.2. Regional drivers
3.8.1.2.1. Rising product demand in the food and pharmaceutical industry in Asia Pacific
3.8.1.2.2. Increasing product demand in janitorial industry in North America
3.8.2. Industry pitfalls & challenges
3.8.2.1. Government regulations regarding wastewater disposal and pollution
3.8.2.2. Larger use of water
3.9. Growth potential analysis
3.10. Megatrends
3.11. Porter’s analysis
3.11.1. Supplier power
3.11.2. Buyer power
3.11.3. Threat of new entrants
3.11.4. Threat of substitutes
3.11.5. Industry Rivalry
3.12. Company market share analysis, 2019
3.12.1. Strategy dashboard
3.12.2. Key stakeholders
3.13. Cost structure analysis
3.13.1. R&D Cost
3.13.2. Manufacturing and Equipment cost
3.13.3. Raw Material Cost
3.13.4. Distribution Cost
3.13.5. Operating Cost
3.13.6. Miscellaneous Cost
3.14. PESTEL analysis
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider. Offering syndicated and custom research reports, growth consulting and business intelligence services, Global Market Insights, Inc. aims to help clients with penetrative insights and actionable market data that aid in strategic decision making.
GMIPulse, our business analytics platform, offers an online, interactive option of exploring our proprietary industry research data in an easy-to-use and dynamic manner. Clients get to explore market intelligence across 11 top-level categories and hundreds of industry segments within them, covering regional, company level and cross-sectional statistics that make our offering a stand-out for decision-makers.