Global Car Wash System Market Flourishes Relentlessly; Asserts MRFR Unleashing Industry Forecast Up To 2030

Key Players:WashTec AG (Germany), Daifuku Co., Ltd (Japan), Otto Christ AG (Germany), Istobal, S.A.  (Spain), 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 some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Car Wash System Market.Car Wash System Market – Competitive Analysis According to a study by the International Carwash Association, that there are approximately 80,000 professional car wash locations in both the regions namely North America and Europe. The markets of North America and Europe have come to a maturity stage where the consumers are preferring to get their cars washed for them instead of doing it by themselves.A large number of car wash locations in the United States are owned and operated by small to medium sized independent car wash companies, whereas medium to large sized petroleum companies are controlling the majority of the European market. In Asia Pacific region, the greatest growth in the car wash system market is being contributed by the independent car wash companies and entrepreneurs.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.October 2015 - Ryko Solutions Inc. has introduced a new car wash system in-bay wash system - SoftGloss MAXX 3. SoftGloss MAXX 3 has advanced features such as Two Wash Systems, Quality Brushes, MAXX Track Floor Design, Reclaim System, Bay Design and Powerful Onboard Dryer Fans among others.June 2012- Daifuku Co., Ltd. has entered into an agreement with Hallim Machinery Co., Ltd., the leading manufacturer of car wash machines in South Korea, to purchase all shares of the company. By doing this, Daifuku will be able to target the markets in China and other ASEAN countries where car ownership rate has increased significantly.Car Wash System Market – SegmentationThe Car Wash System Market can be segmented in to 2 key dynamics for the convenience of the report and enhanced understanding;Segmentation by Type - Gantry Car Washes, Conveyor Tunnel System, Self-service Car Washes and OthersSegmentation by application - Passenger car, Commercial vehicleSegmentation by Regions: North America, Europe, APAC and Rest of the World.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.