Automotive Washer System Market, by Component (Nozzles, Reservoirs, Hose & Connectors, Pumps, Windshield Wipers and Wiper Motor), by Vehicle Type (PC, LCV and HCV), by Product Type (Windshield Wiper System and Headlamp Wiper System), by Technology(Electri

Automotive Washer System Market, by Component (Nozzles, Reservoirs, Hose & Connectors, Pumps, Windshield Wipers and Wiper Motor), by Vehicle Type (PC, LCV and HCV), by Product Type (Windshield Wiper System and Headlamp Wiper System), by Technology(Electrical and Mechanical), by Sales Channel(OEM and AM) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

There are major two types of automotive washer systems namely the windshield washer system and headlamp washer system. Windshield washer system- This system is the standard safety feature available in all automotive vehicles produced across the globe, so as to provide clear visibility to the driver. Windshield washer system includes numerous components such as nozzles, washer fluid reservoirs, hose and connectors, windshield washer pump, wiper arm, wiper blade, and front & wiper motor. Headlamp washer system- Headlamp washer system is mostly available in premium and luxury vehicles such as SUVs and sedans.

Market Dynamics

Increasing vehicle production and adoption of efficient wiper and washer technologies are the major factors boosting the market growth. Furthermore, rising urban population density combined with increasing adoption of fuel-efficient automobiles has led to increase in global automotive production significantly. According to Coherent Market Insights’ analysis, global automotive production output is expected to increase at a CAGR of 2.9% over 2016–2026, to reach annual production of 122.1 Mn units by 2026. Furthermore, according to the Organisation Internationale des Constructeurs d'Automobiles (OICA), global automotive vehicle production output in 2015 was 90.1 Mn units, with Asia Pacific and Oceania accounting for 51.9% of the total production. Thus, these factors are expected to drive the market growth in the near future. According to Coherent Market Insights’ analysis, the global automotive aftermarket is projected to be valued at US$ 1.2 Trn by 2020, expanding at a CAGR of 3.9% over 2016–2020. The operational life of automotive components is highly dependent on utilization and has a threshold lifespan. Furthermore, replacement of washer system components such as wipers, blades, pumps, and nozzles depends on the varying driving conditions. With shifting supplier focus towards lightweight components with multiple vehicle model compatibility, component manufacturers are aiming to capitalize on the sustainable growth of passenger cars and light commercial vehicles. Moreover, flourishing e-commerce ecosystem allows OEMs and component suppliers to cater to a wider customer base. Thus, strong aftermarket sales are expected to support the global automotive washer system market growth over the forecast period.

Market Taxonomy

This report segments the Global Automotive Washer System Market on the basis of Component, Vehicle Type, Product Type, Technology, Sales Channel and Region. On the basis of Component, Global Automotive Washer System Market is segmented into Nozzles, Reservoirs, Hose & Connectors, Pumps, Windshield Wipers and Wiper Motor. On the basis of Vehicle type, the Global Automotive Washer System Market is segmented into PC, LCV and HCV. On the basis of Product Type, the Global Automotive Washer System Market is segmented into Windshield Wiper System and Headlamp Wiper System. On the basis of Technology, the Global Automotive Washer System Market is segmented into Electrical and Mechanical. On the basis of Sales Channel, the Global Automotive Washer System Market is segmented into OEM and AM. On the basis of region, Global Automotive Washer System Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study:

This report provides an in-depth analysis of the Global Automotive Washer System Market and provides market size (US$ Million and Mn Units) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Automotive Washer System Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Automotive Washer System Market includes Kautex Textron GmbH & Co. KG, Robert Bosch GmbH, Trico Products Corporation, Denso Corporation, Mergon Group, Valeo SA, Mitsuba Corporation, Continental AG, Ningbo Joyson Electronic Corp, and HELLA KGaA Hueck & Co.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global Automotive Washer System market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Automotive Washer System Market

Detailed Segmentation:

Global Automotive Washer System Market, By Component:
Nozzles
Reservoirs
Hose & Connectors
Pumps
Windshield Wipers
Wiper Motor
Global Automotive Washer System Market, By Vehicle type:
PC
LCV
HCV
Global Automotive Washer System Market, By Product type:
Windshield Wiper System
Headlamp Wiper System
Global Automotive Washer System Market, By Technology:
Electrical
Mechanical
Global Automotive Washer System Market, By Sales Channel:
OEM
AM
Global Automotive Washer System Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
Continental AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Denso Corporation
HELLA KGaA Hueck & Co.
Kautex Textron GmbH & Co. KG
Mergon Group
Mitsuba Corporation
Ningbo Joyson Electronic Corp
Robert Bosch GmbH
Trico Products Corporation
Valeo SA

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