Report provides Car Wash System Global Market Size, Share, Trends, Opportunity Analysis, and Regional historical and forecast data. Car Wash System Industry is segmented type(Gantry Car Washes, Conveyor Tunnel System, Self-service Car Washes), process(Cloth Friction, Touch less), components (Brushes, Jet Spray, Dryers, Sensors, Controllers, Pump), Applications.
Car Wash System Market Key Companies Analyzed In This Research Report Are:
WashTec AG (Germany) Daifuku Co., Ltd (Japan), Otto Christ AG (Germany), Istobal, S.A. (Spain), and Ryko Solutions, Inc (U.S.). MK SEIKO CO., LTD (Japan), D&S Car Wash Equipment Company (U.S.), PECO Car Wash Systems (U.S.), Washworld, Inc.(U.S.) and Autoequip Lavaggi S.R.L. (Italy) are among others.
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Car Wash System Global Market Highlights:
The changing lifestyle coupled with rapid industrial and technological advancement is generating a need for efficient and faster solutions in every functional aspect among the population. The car wash system is one such solution for easy washing and cleaning of vehicles which delivers a faster and systematic result. Market Research Future (MRFR) has recently availed a report asserting that the global car wash system market is anticipated to expand at a steady CAGR of 3% during the forecast period (2017-2023).
The majorly used types of commercial vehicle wash are conveyor, in-bay automatic and self-service. Vehicle wash systems. The vehicle wash systems are majorly deployed by New-vehicle dealers, fleet-vehicle operators, and rental agencies.
These car wash systems also offer spot free rinses owing to the presence of dissolved materials in the water supply. Minerals and other dissolved ions are removed by de-ionization or reverse osmosis. Pure water leads the membrane to supply spot free rinse, while the reject side is disposed as brine. Spot free rinses are used in In-Bay and Self Service car washes, as full service conveyor washes offer towel drying, which precludes the need for spot free water.
However, the growth of the market is expected to be restrained by the high cost associated with manufacturers along with the low degree of awareness among consumers. Owing to this, the global car wash systems market is expected to expand with a CAGR of approx. 3% over the forecast period.
Car Wash System Market Segmentation:
The global car wash system market has been segmented on the basis of type, process, and components. By type, the global car wash system market is segmented into gantry car wash, conveyor tunnel system, and self-service car wash.
Based on process, the car wash system market is segmented into cloth friction and touches. On the basis of components, the car wash system market is segmented into brushes, jet spray, dryers, sensors, controllers, and pumps
Based on application, the car wash system market has been segmented into passenger vehicle and commercial vehicle.
Car Wash System Market Regional Analysis:
The Asia Pacific region is expected to grow the fastest in the car wash system market. The existence of developing countries such as China, Australia, and India in the region which are witnessing high population growth, are generating huge demand for sophisticated devices and luxurious life in the region. The market in Asia Pacific region is also growing owing to factors such as rising disposable incomes of the consumers, acute water shortage problems in countries such as Australia among others and stringent government regulations on water usages for car washing purpose. Furthermore, in technologically advanced countries such as Japan, automated car wash systems are becoming more popular.
Industry/ Innovation/ Related News:
November 2017- Mark VII Equipment Inc., subsidiary of WashTec AG has entered into a partnership agreement with Wash-N-Shine Car Wash Systems to sell and service Mark VII products in Kentucky, eastern Indiana and southwestern Ohio.
July 2017- Istobal, S.A. won Danish tender for the supply of car wash equipment for Oil Company OKQ8. This tender is applicable for a tenure of three years. This agreement includes the supply of rollovers and numerous accessories such as vacuum cleaners and mat cleaners.
Major Table of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
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