Rising concerns regarding the scarcity of water resource and the demand for quicker, efficient cleaning systems to drive the adoptions of automatic car wash machines whose market is forecasted to grow at a CAGR of 3.7%
Published Date : 24/10/2017
According to a new market research study titled 'Automatic Car Wash Machine Market to 2025 - Global Analysis and Forecasts by Systems, Components and Application', the global automatic car wash machine market was valued at US$ 4.83 Bn in 2016 and is estimated to reach US$ 6.61 Bn by 2025. The report highlights the trends prevalent in the global automatic car wash machine market and the factors driving the market along with those that act as deterrents to its growth.
It is believed that there are more than half a billion cars on road worldwide. Also, people have been keen on keeping cars for longer times with them than ever before and therefore, the expenditures on the maintenance of these passenger cars has increased rapidly. Washing cars for the "feel-good? state has been practiced since decades. Earlier, washing used to mean driveway washing where the owner of the car washed his/her car himself/herself. Gradually, people understood that driveway washing caused a lot of water wastages and exposed the environment to environmental hazards thereby making it as one of the most inefficient ways of car wash. Automatic car wash machines have reduced the water usage on each car for washing purposes and also with integrated water reclamation systems in the machines, reuse of water has been achieved.
Over the years the car wash industry has experienced occasional highs and lows as a result of the changes in economy, weather conditions and the interest from new investors. The consumer spending as well as the car wash habits of car owners has changed drastically that present large opportunities to the businesses today. The in-bay automatics, self-serve and full-service car wash formats have been popular in the last decade. However, a demand for more quick service that result in time savings has led to the emergence of express car wash and flex-service car washes.
The global automatic car wash machine market has been segmented on the basis of systems into tunnel car wash, in-bay automatics car wash and self-serve car wash. Automatic car wash machines constitute of a number of components which have been subdivided into the following major categories named as pumps, dryers, drives, motors, foamer systems and others. Also, automatic car wash machines find their applications for consumers, industry and others. Geographically, the global automatic car wash machine market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
The automobile industry is expected to witness a rapid growth and drive the growth of automatic car wash machines market. Players having a good hold over the automatic car wash machines market can look to venture into providing solutions. The key players profiled in the report are Coleman Hanna, Sonny's The Car Wash Factory, Tommy Car Wash, WashTec AG, AUTEC, Inc., Carolina Pride Car Wash Systems and Solutions, MacNeil Wash Systems, Washworld, Inc. and NS Wash Systems.
The report segments the global automatic car wash machine market as follows:
Global Automatic Car Wash Machine Market - By Systems
Conveyor (Tunnel) Car Wash
In-Bay Automatic Car Wash
Self-Serve Car Wash
Global Automatic car wash machine Market - By Components
Global Automatic car wash machine Market - By Application
Global Automatic car wash machine Market - By Geography
Rest of Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
South America (SAM)