The automotive washer system market share was estimated at US$ 22.3 billion in 2021 and is anticipated to grow to US$ 23.5 billion in 2022. Additionally, due to the rapidly growing automotive industry, it is anticipated that worldwide demand for car washer systems would reach US$ 39.1 billion by 2032, growing at a CAGR of 5.2% between 2022 and 2032.
An automotive washer system is a device that provides a spray of water and cleaning solution to clean the windshield and other parts of a vehicle. The system is typically comprised of a windshield washer reservoir, pump, nozzle, and associated hoses and electrical connections.
The washer fluid is stored in the reservoir and pumped through the nozzle to the windshield, where it is used to clean away dirt, grime, and other contaminants. The washer system is usually activated by a button on the dashboard or steering wheel and may be integrated with the vehicle’s windshield wipers.
Increasing vehicle production and adoption of efficient wiper and washer technologies are primary factors bolstering the sales of washer systems globally. Moreover, high replacement rate of washer system components is expected to result in high sales in the aftermarket segment. The emergence of newer wiper blade and windshield cleaning technologies is resulting in higher cost of end products, which is a major factor restraining adoption of these products among consumers. High market penetration of relatively low-cost wiper and washer system alternatives restricts demand for wiper de-icer, nozzle integrated wipers and heated nozzle washer systems.
Request a Sample of this Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-1081
Segmentation highlights
The global automotive washer system market is segmented on the basis of Component (Nozzles, Reservoirs, Hose & Connectors, Pumps, Windshield Wipers, Wiper Motor); Sales Channel (OEM, Aftermarket); Technology (Electric, Mechanical); Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles); and Application (Windshield Washer System, Headlamp Washer System).
- Windshield wiper was the largest segment by component in 2015 and this will remain unchanged in 2016
- Nozzle and hose & reservoir segments are expected to be the next large segment in terms of volume
- By value, wiper motor segment is expected to remain dominant over the forecast period. The segment is expected to account for share of 45.9% in 2016 and is expected to maintain dominance over the forecast period
- By product type, windshield washer segment was the largest segment in 2015, and this segment is anticipated to hold 72.3% of the market revenue by 2026. Advancements in wiper blade technology and nozzle design will support growth of the market over near future
- Headlamp washer system segment is anticipated to witness a relatively high value CAGR than windshield washer system. Increasing sales of premium and luxury vehicle globally is anticipated to bolster the growth of headlamp washer system. Furthermore, automakers in the market are focussing on introducing value added features in their mid-range vehicles, so as to earn competitive edge in the market
Get Your Report Customize, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-1081
Regional projections
The global automotive washer system market is segmented into the regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, MEA, and Japan. Asia Pacific, the largest market for automotive washer systems is expected account for US$ 5.5 Bn revenue in 2016. Increasing adoption of headlamp washer systems in semi-luxury and mid-sized cars is major trend witnessed in the region. North America is expected to be the next big market, the region accounted for 21.1% of the total revenue share in 2015 and is anticipated to hold 20.7% in 2016. The recent relocation of automobile production facilities to developing nations such as Mexico will impact the OEM sales of washer systems in the region. Western Europe is expected to account for US$ 3.3 Bn revenue in 2016. The market for headlamp washer systems in the region is majorly driven by the existing stringent regulations to deploy these systems with high intensity headlamps.
Vendor insights
Robert Bosch GmbH, Denso Corporation, Valeo S.A., continental AG and Mitsuba Corporation are the top five players in the global automotive washer system market, accounting for about 30% market revenue share.
The leading players in the market are focusing on acquisition, collaboration and partnerships of/with technology providers to increase their product portfolio and market presence. Furthermore, expansion of production facilities, particularly in developing nations, is the key strategy adopted by major players in the market.
Direct Purchase of this Report:
https://www.futuremarketinsights.com/checkout/1081
Market Segmentation
By Component
- Nozzles
- Reservoirs
- Hose & Connectors
- Pumps
- Windshield
- Wipers
- Wiper Motor
By Sales Channel
- OEM
- Aftermarket
By Technology
- Electric
- Mechanical
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Application
- Windshield Washer System
- Headlamp Washer System
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs