The size of the global market for automatic vehicle washing system growth is anticipated to reach US$ 341.9 Million in 2022 and to develop astonishingly at a CAGR of 13.8 percent from 2022 to 2032. Future demand for automatic vehicle washing systems is expected to be driven by rising consumer propensity for car maintenance as a result of increasing disposable income. According to FMI, the market for automatic vehicle washing systems is anticipated to reach US$682.5 Million in 2032.
An Automatic Vehicle Washing System is a set of equipment using water and cleaning solutions to clean and wash the vehicle externally. Apart from the traditional manual wash, there are several options available in the market for automatic vehicle cleaning as well. In an automatic vehicle washing system, the vehicle is placed in park and the machine starts cleaning the vehicle without any aid of a labor.
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Automatic Vehicle Washing System can be of three types, Tunnel, rollovers and touchless. Among these tunnel type automatic vehicle washing system is the most expensive one and is installed when the service provider operates with relatively larger number of vehicles wash per day. Roll over type is the preferred system when it comes to water consumption as it is a low pressure system. Owing to several benefits such as being efficient, economic, lesser time and water consumption and others, the demand for Automatic Vehicle Washing System is estimated to increase at a significant pace. This, in turn, may contribute to the growing market of Automatic Vehicle Washing System across the globe.
Automatic Vehicle Washing System Market: Regional Outlook
With respect to growth prospective, South East Asia and Pacific, followed by China, expects to register substantial growth owing to factors, such as growing urbanization and industrialization, increasing purchasing power of working class population and strengthening economy.
However, matured markets, such as North America and Europe, are estimated to hold dominance in the automatic vehicle washing system market during the forecast period. Growing construction and mining industry in the Latin America region is estimated to fuel the demand for Automatic Vehicle Washing System during the forecast period.
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Automatic Vehicle Washing System Market: Key Participants
Examples of some of the market participants identified across the value chain of the global Automatic Vehicle Washing System market include:
- Coleman Hanna
- Wash Tec Group
- Sonny’s Enterprises LLC
- Ryco Solutions, Inc.
- Otto Christ AG
- Aquarama S.r.l.
- PDQ Manufacturing, Inc.
- Autec, Inc.
Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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