DUBLIN, November 22, 2017 /PRNewswire/ --
The "Automatic Car Wash Machine Market 2025 - Global Analysis and Forecasts by Type (Activation Systems, Arches, Blower Systems Mitter Curtains and Wrap Around Brushed) & Application (Compact Car Wash, Oversize Car Wash, Bus & Truck Wash and others)" report has been added to Research and Markets' offering.
The global automatic car wash machine market is estimated to grow at a CAGR of 3.7% during the forecast period 2017 - 2025 and accounts for US$ 6.61 Bn in the year 2025.
The emergence of automatic car wash machine concept was mainly focused upon maximizing the revenues of car wash operators and earn them quick return on their investments along with achieving water sustainability. The traditional car wash models like the tunnel wash systems and in-bay automatics fetched them good revenues but the growths in deployments of these machines has been steadied in the last fiscal year. There has been consumer demand for quicker wash services and thus led to the emergence of express exterior car wash.
Last fiscal year witnessed exponential growth in deployments of express exterior car wash machines at a numerous car wash locations. Another factor that indicates growing popularity of the express exterior carwashes is the shrinking competition radiuses. The competition radius for a carwash operator is shrinking with all the competitors performing extremely well having good number of customer footfalls at their locations.
In the late 20th century, driveway washing dominated the car wash market when consumer behavior was more tilted towards Do-It -Yourself trend. Over the years, with gaining awareness on energy and time savings achieved using automatic car wash machines the trend has gradually shifted towards Do-It-For-Me. The DIFM behavior of car owners coupled with increasing number of passenger cars is anticipated to have a huge positive impact on the automatic car wash machine industry.
The Asia Pacific region comprises of several developing countries such as China, Japan, Australia, and India that are witnessing a high growth in their population, further generating high demands for sophisticated devices and luxurious life in the region. The market in Asia Pacific has been witnessing significant growth owing to rising disposable incomes with consumers, acute water shortage problems and stringent government regulations on water usages for car washing purpose.
Australia leads the deployments of automatic car wash machines as the country faces severe drought conditions. Japan is a technologically advanced country where automation has reached new heights and thus, automatic car wash machines have been quite popular in the country. These factors are anticipated to further propel the demand for Automatic Car Wash Machine in APAC region.
Key Topics Covered:
1 Tables & Figures
3. Key Takeaways
4. Market Landscape
4.1 Market Overview
4.2 Market Segmentation
4.3 PEST Analysis
5. Global Automatic Car Wash Machine Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Rapid rise in vehicular population as a result of rising disposable incomes
5.1.2 Demand for a more efficient, safe and judicious method of water usage for washing purpose
5.1.3 Strong consumer focus on maintaining the car value where emotional aesthetics outweigh monetary expenditures
5.2 Key Market Restraints
5.2.1 High initial investments in the setup of machines
5.2.2 Concerns regarding damages caused to cars with automatic car wash machines
5.3 Key Market Opportunities
5.3.1 Government enforcement of laws concerning water usage and pollution bringing more opportunities for car wash manufacturers in untapped regions
5.3.2 Capacity expansions for tunnel wash system manufacturers
5.4 Future Trends
5.4.1 Increasing competition and small companies to gain more prominence
5.5 Impact Analysis of Drivers and Restraints
6. Automatic Car Wash Machine Market - Global
6.1 Global Automatic Car Wash Machine Market Overview
6.2 Global Automatic Car Wash Machine Market Forecast and Analysis
7. Global Automatic Car Wash Machine Market Analysis - By Systems
7.2 Conveyor (Tunnel) Car Wash
7.3 In-Bay Car Wash
7.4 Self-Serve Car Wash
8. Global Automatic Car Wash Machine Market Analysis - By Components
8.4 Foamer Systems
9. Global Automatic Car Wash Machine Market Analysis - By Application
9.2.2 Global Consumers Market Revenue and Forecasts to 2025 (US$ Bn)
9.3.2 Global Industry Market Revenue and Forecasts to 2025 (US$ Bn)
9.4.2 Global Others Market Revenue and Forecasts to 2025 (US$ Bn)
10. Global Automatic Car Wash Machine Market - Geographical Analysis
11. Industry Landscape
12. Competitive Landscape
12.1 Competitive Product Mapping
12.2 Market Positioning - Global Top 5 Players Ranking
13. Global Automatic Car Wash Machine Market - Key Company Profiles
- Autec, Inc.
- Carolina Pride Car Wash Systems & Solutions
- Coleman Hanna
- MacNeil Wash Systems
- Motor City Wash Works
- PECO Car Wash Systems
- Prestige Car Wash Equipment
- WashTec AG
- Washworld, Inc
For more information about this report visit https://www.researchandmarkets.com/research/sxq6cn/automatic_car
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