Scope of the Report
The report titled “The US Car Wash Equipment Market (2017-2021 Edition)” provides an analysis of the US car equipment market with description of market size and growth pattern in the market. The analysis summarizes market by value and by segment. The report also provides a brief analysis of market segments in terms of value.
The growth of the overall US car wash equipment market has also been forecasted for the period 2017-2021, taking into consideration the growth patterns, the growth drivers and the current and future trends.
Previously, the market is dominated by some major players such as WashTec but over the past few years, rapid growth of the car wash industry and the increased competitiveness of smaller car wash service providers make the industry more competitive. Key players of the market such as WashTec, Coleman Hanna, National Carwash Solutions and, Sonny’s Enterprises Inc. have been profiled in the report with their financial information and respective business strategies.
National Carwash Solutions
Sonny’s Enterprises Inc.
In old days people use to clean their cars in the back-yards of their home or other convenient places and later, in-hand car washes came into existence. In this technological era, car washing industry is also not far behind and is influenced by the same. Nowadays, mechanical devices in designated areas mostly perform this job. The car wash industry is divided into two broad categories namely car wash equipments and car wash services. Car wash equipment market is dependent on the car service market and vice-versa.
Car wash equipment market consists of production and distribution of wide variety of car wash equipments by the manufacturers. Some of the popular car wash equipments include Air Car Wash Systems; Water Car Wash Systems, Vacuums, Detailing Stations, Pump Stations etc. Car washes can be self-serve, fully automated, or full-service with attendants who wash the vehicle.
The US car wash equipment market has shown upward trends over the past few years and is expected to grow at a rapid pace in the forecasted period (2017-2021) also. The growth in the market was primarily because of sound growth in the vehicle population and rising demand for vehicle detailing. Technological advancements allow people to recognize the importance of good car wash which resulted in more people want to ensure their car washes are done in a right way and long lasting. This leads to increasing demand for higher end detailing services.
Other growth drivers such as lower gas prices, rising disposable income of the US population, technological advancements such as touch-free and hybrid washing technology, advanced water recycling systems, economical innovations etc. are expected to fuel the demand for car washing equipments in upcoming years. Yet the market is restricted by some challenges such as barrier to new entrants and, increased volume of cars washed at a lower profit margin per vehicle.
1. Executive Summary
2.1 Introduction to Car Wash Industry
2.2 Types of Car Wash Systems
2.2.1 Tunnel Car Wash System
2.2.2 Self-Service Car Wash System
2.2.3 Automatic Car Wash System
2.3 Car Wash Equipments
3. The US Market Analysis
3.1 The US Car Wash Equipment Market Analysis
3.1.1 The US Car Wash Equipment Market by Value
3.1.2 The US Car Wash Equipment Market by Segments
3.2 The US Car Wash Equipment Market Segment Analysis
3.2.1 The US Tunnel Car Wash Equipment Market by Value
3.2.2 The US Automatic Car Wash Equipment Market by Value
3.2.3 The US Self-Service Car Wash Equipment Market by Value
4. Competitive Landscape
4.1 The US Car Wash Equipment Market Share by Players
5. Company Profiling
5.1 WashTec Group
5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3 Business Strategy
5.2 Coleman Hanna
5.2.1 Business Overview
5.2.2 Business Strategy
5.3 National Carwash Solutions
5.3.1 Business Overview
5.3.2 Business Strategy
5.4 SonnyÂ’s Enterprises Inc.
5.4.1 Business Overview
5.4.2 Business Strategy
List of Figures
Figure 1: Types of Car Wash Systems
Figure 2: Types of Car Wash Equipments
Figure 3: The US Car Wash Equipment Market by Value; 2015-2016 (US$ Million)
Figure 4: The US Car Wash Equipment Market by Value; 2017-2021E (US$ Million)
Figure 5: The US Car Wash Equipment Market by Segments; 2016
Figure 6: The US Tunnel Car Wash Equipment Market by Value; 2015-2016 (US$ Million)
Figure 7: The US Tunnel Car Wash Equipment Market by Value; 2017-2021E (US$ Million)
Figure 8: The US Automatic Car Wash Equipment Market by Value; 2015-2016 (US$ Million)
Figure 9: The US Automatic Car Wash Equipment Market by Value; 2017-2021E (US$ Million)
Figure 10: The US Self-Service Car Wash Equipment Market by Value; 2015-2016 (US$ Million)
Figure 11: The US Self-Service Car Wash Equipment Market by Value; 2017-2021E (US$ Million)
Figure 12: The US Car Wash Equipment Market Share by Players; 2015
Figure 13: WashTec Revenue; 2012-2016 (US$ Million)
Figure 14: WashTec Revenue by Segments; 2016
Figure 15: WashTec Revenue by Region; 2016
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.