Rising sales of passenger cars coupled with growing concern towards vehicle maintenance, across the globe to drive the automotive windshield washer system market
The automotive windshield washer system market is poised to touch US$ 26.30 Bn by 2027, growing at a CAGR of 5.1% during an estimated timeframe from 2019 to 2027 on a global scale. Rising automotive industry worldwide coupled with introduction of various windshield maintenance products is the prime factors driving the market growth. Windshield washer is among the integral components of any automotive vehicle irrespective of its price range. Subsequently, consistently growing sales of automotive vehicles, essentially passenger cars, is projected to ensure continued growth for automotive windshield washers in the years to come. Stringent government regulations towards the use of fluid, high maintenance cost are few causes that might hamper the market progression of automotive windshield washer system.
Increasing demand for passenger cars to drive growth prospects
The global automotive industry is becoming deep competitive, with continuous deployment and development of various safety technologies for passenger cars. The automotive industry will prevail in a competitive scenario in the coming years coupled with constant innovations and technological advancement in new vehicles. In addition, automobile manufacturers are engaged in designing and development of innovative system and solution for retaining the cleanliness of a vehicle’s windshield. For instance, Mercedes Benz, a Germany luxury car manufacturer, introduced a new technology “Magic Vision Control®” for the selected premium models to avoid vision blocking spray. Moreover, this technology integrated with heated wiper blades for cold weathers along with wipe and wash configuration.
Increasing consumer demand towards safety and comfort drive is projected to increase the sales revenue for passenger cars, thereby driving the market for automotive windshield washer system over the forecast period. For instance, according to the European Automobile Manufacturing Association (ACEA), in 2018, around 79 million units of passenger cars were sold globally.
Asia Pacific to Dominate, Europe to Witness Strong Growth
Stringent quality-improvement processes coupled with higher sales in the automotive segment in order to improve customer satisfaction and sales performance to drive market growth. Increasing production and use of commercial and passenger vehicles across the Asia Pacific countries excluding Japan (APEJ) region is expected to project a higher inclination toward the use of the automotive windshield washer system. For instance, China remains the largest market with holding a sale of around 25.8 million unit vehicles largely due to the rapid pace of growth in the developing economies in Indonesia, India and China itself. Furthermore, Asia Pacific is expected to hold the largest share for automotive windshield washer system market over the forecast period, owing to rapid growth of vehicle sales across the region.
Europe is possesses an adequate number manufacturing capacity to meet the mounting domestic demand for passenger cars and commercial vehicles. For instance, according to the European Automobile Manufacturing Association (ACEA), in 2018, Europe holds a market share of around 21% for passenger cars globally. Subsiquently, increasing adoption for the electric vehicles (EV) from both the automotive industry and consumer, is projected to expand the Europe mobility market, thereby leading towards the growth of the automotive windshield washer system market.
Key Players & Competitive Landscape:
Some of the leading manufacturers profiled in the study include MITSUBA Corporation, Exo-s, DENSO CORPORATION, Valeo SA, Continental AG, dlhBOWLES, HELLA GMBH & CO KGAA, Kautex, Zhejiang Zhenqi Auto Parts Corp., Ltd. and TRICO among others.
Historical & Forecast Period
This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The research study on automotive windshield washer system market offers market size and forecasts based on market dynamics and predominant trends shaping the industry. The report provides all round view of the global automotive windshield washer system market based on its vehicle type, sales channel and geography. Key segments covered in the report are as follows:
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2017-2027 |
Base Year | 2018 |
Forecast Period | 2019-2027 |
Historical Year | 2017 |
Unit | USD Billion |
Segmentation |
Vehicle Type Segment (2017–2027; US$ Bn) |
Sales Channel Segment (2017–2027; US$ Bn) |
|
Geography Segment (2017–2027; US$ Bn) |
Key questions answered in this report
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Automotive Windshield Washer System Market
2.2. Global AWWS Market, by Vehicle Type, 2018 (US$ Bn)
2.3. Global AWWS Market, by Sales Channel, 2018 (US$ Bn
2.4. Global AWWS Market, by Geography, 2018 (US$ Bn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global AWWS Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global Automotive Windshield Washer System (AWWS) Market, by Vehicle Type, 2017-2027 (US$ Bn)
4.1. Overview
4.2. Passenger Cars
4.3. Commercial Vehicles
5. Global Automotive Windshield Washer System (AWWS) Market, by Sales Channel, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Original Equipment Manufacturer (OEM)
5.3. Online Stores
5.4. Retail Outlets
7. North America Automotive Windshield Washer System (AWWS) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. North America AWWS Market Value and Growth, 2017-2027, (US$ Bn)
7.2. North America AWWS Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. North America AWWS Market Value, By Sales Channel, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.5. North America AWWS Market Value, By Region/Country, 2017-2027 (US$ Bn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.3. Rest of North America
8. Europe Automotive Windshield Washer System (AWWS) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Europe AWWS Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Europe AWWS Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Europe AWWS Market Value, By Sales Channel, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.5. Europe AWWS Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.3. Germany
8.5.4. France
8.5.5. Rest of Europe
9. Asia Pacific Automotive Windshield Washer System (AWWS) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Asia Pacific AWWS Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Asia Pacific AWWS Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Asia Pacific AWWS Market Value, By Sales Channel, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.5. Asia Pacific AWWS Market Value, By Region/Country, 2017-2027 (US$ Bn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.3. China
9.5.4. India
9.5.5. Rest of Asia Pacific
10. Rest of the World Automotive Windshield Washer System (AWWS) Market Analysis, 2017-2027 (US$ Bn)
10.1. Overview
10.1.1. Rest of the World AWWS Market Value and Growth, 2017-2027, (US$ Bn)
10.2. Rest of the World AWWS Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Rest of the World AWWS Market Value, By Sales Channel, 2017-2027 (US$ Bn)
10.3.1. Market Analysis
10.5. Rest of the World AWWS Market Value, By Region, 2017-2027 (US$ Bn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.3. Latin America
11. Company Profiles
11.1. MITSUBA Corporation
11.2. Exo-s
11.3. DENSO CORPORATION
11.4. Valeo SA
11.5. Continental AG
11.6. dlhBOWLES
11.7. HELLA GMBH & CO KGAA
11.8. Kautex
11.9. Zhejiang Zhenqi Auto Parts Corp., Ltd.
11.10. TRICO
* Here we use AWWS as a short form of Automotive Windshield Washer System
TABLE 1 Market Snapshot: Global Automotive Windshield Washer System (AWWS) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global AWWS Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 5 Global AWWS Market, by Sales Channel, 2017–2027 (US$ Bn)
TABLE 6 Global AWWS Market, by Geography, 2017–2027 (US$ Bn)
TABLE 7 North America AWWS Market, by Vehicle Type, 2017–2027 (US$ Bn
TABLE 8 North America AWWS Market, by Sales Channel, 2017–2027 (US$ Bn
TABLE 9 North America AWWS Market, by Country, 2017–2027 (US$ Bn)
TABLE 10 Europe AWWS Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 11 Europe AWWS Market, by Sales Channel, 2017–2027 (US$ Bn)
TABLE 12 Europe AWWS Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 13 Asia Pacific AWWS Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 14 Asia Pacific AWWS Market, by Sales Channel, 2017–2027 (US$ Bn)
TABLE 15 Asia Pacific AWWS Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 16 Rest of the World AWWS Market, by Vehicle Type, 2017–2027 (US$ Bn
TABLE 17 Rest of the World AWWS Market, by Sales Channel, 2017–2027 (US$ Bn)
TABLE 18 Rest of the World AWWS Market, by Region, 2017–2027 (US$ Bn)
TABLE 19 MITSUBA Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 20 Exo-s: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 21 DENSO CORPORATION: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 22 Valeo SA: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 Continental AG: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 dlhBOWLES: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 HELLA GMBH & CO KGAA: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Kautex: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 27 Zhejiang Zhenqi Auto Parts Corp., Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 28 TRICO: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
FIG. 1 Global Automotive Windshield Washer System (AWWS) Market: Research Methodology
FIG. 2 Market Size Estimation – Top down & Bottom up Approach
FIG. 3 Global AWWS Market Segmentation
FIG. 4 Global AWWS Market, by Vehicle Type, 2018 (US$ Bn)
FIG. 5 Global AWWS Market, by Sales Channel, 2018 (US$ Bn
FIG. 6 Global AWWS Market, by End-user, 2018 (US$ Bn)
FIG. 7 Global AWWS Market, by Geography, 2018 (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Global Market Positioning of Key Automotive Windshield Washer System Market Manufacturers, 2018
FIG. 10 Global AWWS Market Value Share, by Vehicle Type, 2018 & 2027 (Value %)
FIG. 11 Global AWWS Market, for Passenger Cars, 2017–2027 (US$ Bn)
FIG. 12 Global AWWS Market, for Commercial Vehicles, 2017–2027 (US$ Bn)
FIG. 13 Global AWWS Market Value Share, by Sales Channel, 2018 & 2027 (Value %)
FIG. 14 Global AWWS Market, by OEM, 2017–2027 (US$ Bn)
FIG. 15 Global AWWS Market, by Online Stores, 2017–2027 (US$ Bn)
FIG. 16 Global AWWS Market, by Retail Outlets, 2017–2027 (US$ Bn)
FIG. 17 North America AWWS Market, 2017–2027 (US$ Bn)
FIG. 18 Europe AWWS Market, 2017–2027 (US$ Bn)
FIG. 19 Asia Pacific AWWS Market, 2017–2027 (US$ Bn)
FIG. 20 RoW AWWS Market, 2017–2027 (US$ Bn)