Car Wash System Market expanding at 3% CAGR by 2023, according to Global Car Wash System Market Analysis Report published by Market Research Future. Global Car Wash System Industry Report analyzes Market for Car Wash System By type, process, components, Applications, Region with Forecast to 2023.
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Car Wash System Market expanding at 3% CAGR and reach remarkable value by 2023, according to Global Car Wash System Market Analysis Report published by Market Research Future. Car washing systems are the systems that are being used for cleaning the exteriors and interiors of the cars. Global Car Wash System Industry Report analyzes Market for Car Wash System By 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, Region with Forecast to 2023.
Major Car Wash System Companies covered in the market report include Daifuku Co., Ltd (Japan), Istobal, S.A. (Spain), Otto Christ AG (Germany), MK SEIKO CO., LTD (Japan), Washworld, Inc.(U.S.), Ryko Solutions, Inc (U.S.), Autoequip Lavaggi S.R.L. (Italy), WashTec AG (Germany) , PECO Car Wash Systems (U.S.), and D&S Car Wash Equipment Company (U.S.).
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Global Market Highlights:
Car Wash System Market Gaining Grounds in Developing Countries. Car wash systems have contributed significantly to automating the washing process of vehicles. They extensively used in the developed countries where the sale of automobiles are high, and spending capacities are also broad. Car washing systems automate the process of rinsing, shampooing, washing, and drying. Market Research Future (MRFR)’s latest report on the global car wash system market predicts the market to expand at a CAGR of 3% over the forecast period of 2017-2023.
Professional car wash systems are extensively used in the cleaning of high-end cars to provide flawless cleaning. With the rise in disposable income among consumers, the use of sophisticated technologies has increased considerably. The use of car wash system helps to retain the car’s paint and finish. The use of car wash systems is quite common in automotive workshops and service centers, which provides them with profit-making opportunities.
Water scarcity has become a long-standing problem, currently surfacing the globe. This has prompted governments across multiple countries to promote the use of dry-car wash systems and generate awareness about the water crisis, which has boosted the growth of the car wash system market. Various automotive manufacturers have joined the wagon and are taking steps to mitigate the problem of water scarcity. From waterless cleaning of cars, deployment of advanced car wash systems to extensive water management practices at the factory, automakers are a focus on water conservation which has led to increased demand within the car wash system market. Technological advancements in car wash systems and the emergence of dry car washing techniques have aided the market growth substantially. The advent of robotic car wash systems is also likely to bolster market growth.
Car Wash System Industry Segments:
The global car wash system market has been segmented based on type, process, component, and application.
By type, the car wash system market has been segmented into Gantry Car Washes, Conveyor Tunnel System, Self-service Car Washes.
By process, the car wash system market has been segmented into Cloth Friction and Touch less.
By component, the car wash system market has been segmented into Brushes, Jet Spray, Dryers, Sensors, Controllers, and Pump.
By application, the car wash system market has been segmented into commercial vehicle and passenger vehicle.
Regional Analysis:
Region-wise, the car wash system market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).
The unprecedented growth of the automotive industry has positioned APAC as the leading car wash system market. The use of automotive car wash systems has increased significantly among car operators who are aiming to improve accuracy, efficiency, and accelerate customer retention. Moreover, the growing scarcity of water in the region along with growing interest advanced system has further increased the demand for car wash systems. Rising disposable income in the region has led to a shift in consumer preference towards professional car services, which has further boosted the market growth.
North America and Europe car wash system markets are considerably matured. The presence of a high number of luxury cars in the region along with high spending capacity are factors spurring the demand for car wash systems.
Industry Updates:
June 2019 -Maruti Suzuki, an automobile manufacturer in India, announced its achievement of three-fold jump in water savings at its workshops. This environment-friendly target was achieved using dry car wash systems at their workshops in 2018-2019.
TABLE OF CONTENTS:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
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
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Car Wash System Market, By Type
5.1 Introduction
5.2 Gantry Car Washes
5.2.1 Market Estimates & Forecast, 2017-2023
5.2.2 Market Estimates & Forecast By Region, 2017-2023
5.3 Conveyor Tunnel System
5.3.1 Market Estimates & Forecast, 2017-2023
5.3.2 Market Estimates & Forecast By Region, 2017-2023
5.4 Self-Service Car Washes
5.4.1 Market Estimates & Forecast, 2017-2023
5.4.2 Market Estimates & Forecast By Region, 2017-2023
Continued…
LIST OF TABLES:
Table 1 Global Car Wash System Market: By Region, 2018-2023
Table 2 North America Car Wash System Market: By Country, 2018-2023
Table 3 Europe Car Wash System Market: By Country, 2018-2023
Table 4 Asia-Pacific Car Wash System Market: By Country, 2018-2023
Table 5 RoW Car Wash System Market: By Country, 2018-2023
Continued…
LIST OF FIGURES:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top-Down & Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continued…
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