With the cityFully automated car washWith the improvement of the level, the popularity of car washing machines is also increasing, and many gas station and auto repair shop owners choose to introduce themFully automatic car washing machineHowever, this is still an emerging industry, and some investors are still in a wait-and-see state, wanting to see how much development potential it has.
As a writer who focuses on the intelligent car washing machine market, I would like to say that the current market dividend of intelligent car washing machines is still high, because:
Large market capacity
In the first quarter of 2021, the total number of cars in China was 287 million, with 72 cities having over 1 million cars, an increase of 5 compared to the same period last year. Among them, there are 33 cities with a car ownership of over 2 million and 16 cities with a car ownership of over 3 million. The continuous increase in car ownership has provided a steady stream of development momentum for the automotive aftermarket, accelerating the layout of the intelligent car wash market.
Satisfy consumption upgrade
With the growth of the post-90s and post-00s generations and the improvement of residents' consumption levels, mainstream consumption is shifting towards "high cost-effective services", and the way car washing is more inclined towards intelligent car washing models. Therefore, intelligent car washing machines are in line with the logic of consumer upgrading.
Responding to the national call
Since the national "14th Five Year Plan", policies and laws targeting the car washing machine industry have been successively introduced, which has led to the market size of the car washing machine industry growing from 21.25 billion yuan in 2014 to 54.85 billion yuan in 2020, with a compound annual growth rate of 14.5%. In the next five years, it is expected that the market size of China's car washing machine industry will continue to grow at a rate of 12.8%, and reach a market size of around 82.9 billion yuan by 2023.
Overall, the development potential of the intelligent car washing machine market is enormous, and buying an intelligent car washing machine is a good investment. Of course, personal investments still need to pay attention to the following aspects:
Related city regulations
At present, major cities attach great importance to environmental protection issues, and there are also numerous detailed rules for car washing drainage and sewage discharge. Therefore, when investing in car washing machines, special attention should be paid to the drainage function and choose car washing machines that meet relevant city standards. In addition, some cities do not allow individuals to invest in car washing machines, which requires extra attention before investment.
As a writer who focuses on the intelligent car washing machine market, I would like to say that the current market dividend of intelligent car washing machines is still high, because:
Large market capacity
In the first quarter of 2021, the total number of cars in China was 287 million, with 72 cities having over 1 million cars, an increase of 5 compared to the same period last year. Among them, there are 33 cities with a car ownership of over 2 million and 16 cities with a car ownership of over 3 million. The continuous increase in car ownership has provided a steady stream of development momentum for the automotive aftermarket, accelerating the layout of the intelligent car wash market.
Satisfy consumption upgrade
With the growth of the post-90s and post-00s generations and the improvement of residents' consumption levels, mainstream consumption is shifting towards "high cost-effective services", and the way car washing is more inclined towards intelligent car washing models. Therefore, intelligent car washing machines are in line with the logic of consumer upgrading.
Responding to the national call
Since the national "14th Five Year Plan", policies and laws targeting the car washing machine industry have been successively introduced, which has led to the market size of the car washing machine industry growing from 21.25 billion yuan in 2014 to 54.85 billion yuan in 2020, with a compound annual growth rate of 14.5%. In the next five years, it is expected that the market size of China's car washing machine industry will continue to grow at a rate of 12.8%, and reach a market size of around 82.9 billion yuan by 2023.
Overall, the development potential of the intelligent car washing machine market is enormous, and buying an intelligent car washing machine is a good investment. Of course, personal investments still need to pay attention to the following aspects:
Related city regulations
At present, major cities attach great importance to environmental protection issues, and there are also numerous detailed rules for car washing drainage and sewage discharge. Therefore, when investing in car washing machines, special attention should be paid to the drainage function and choose car washing machines that meet relevant city standards. In addition, some cities do not allow individuals to invest in car washing machines, which requires extra attention before investment.
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