Rapid Growth of End-Use Industries
According to our latest market study on "Automotive Windshield Washer System Market Forecast to 2028 – COVID-19 Impact and Analysis – by Component and End User," the market is expected to grow from US$ 6,435.4 million in 2021 to US$ 9,234.3 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2020 to 2028.
The automotive windshield washer system plays a pivotal role in ensuring optimal visibility to the automobile drivers and passengers through continuous cleaning and wiping mechanism if rain, snow, dust, and other particles settle on the windshield. As a result, the automotive windshield washer system swiftly gained prominence across numerous transportation and passenger vehicles such as trains, ships, boats, commercial aircraft, construction equipment, and automotive vehicles globally. The automotive windshield washer system market continues to account for a significant share in the overall market owing to a substantial number of vehicle units manufactured annually, especially passenger vehicles.
In Europe, Germany is the largest market for automobiles, and several vehicle manufacturing companies are located in Germany. The country has the presence of several major car manufacturers, such as Audi, BMW, Ford-Werke GmbH, Mercedes-Benz, and Volkswagen, and it is also the hub of automobile components in Europe. The German automobile sector produced 4,661,328 (as per OICA) passenger cars in 2019. The growing production of vehicles will increase significantly, resulting in the growth of the automotive windshield washer system market.
Based on component, the automotive windshield washer system market is segmented into hose & connectors, nozzles, reservoirs, pumps, and wipers. In the year 2021, the pumps segment holds the largest market share. The wash pump's primary aim is to pump the water and cleaning solution from the reservoir to the jets at the lowest area of the windscreen or rear window. The main aim of a windshield washer pump is to move the fluid from the reservoir, coming out from hoses, into the nozzles, and then to the windshield. The pump is motorized through a motor integrated with it. Based on end user, the market is segmented into commercial vehicle, passenger vehicle, and off-road highway vehicle. In the year 2021, the passenger vehicle segment holds the largest market share. The increase in passenger car sales has shown a positive rise over the forecast period due to increased consumer demand for fuel-efficient vehicles that provide ease of travel, such as crossover and SUVs. By region, the market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, Asia Pacific accounted for a significant share of the automotive windshield washer system market.
The key market players operating in the automotive windshield washer system market are Robert Bosch GmbH, Bowles Fluidics, Continental AG, Denso Corporation, Doga, Hella, Kautex, Mergon Group, Mitsuba Corporation, and Trico Products Corporation.
Impact of COVID-19 Pandemic on Europe Automotive Windshield Washer System Market
Europe witnessed a varying impact of the COVID-19 pandemic across its economically diverse countries. Germany, the UK, the Netherlands, France, and selected other developed countries imposed stringent government restrictions and closed their country borders to contain the spread of COVID-19, which led to decreased demand and availability of various automotive components, including automotive windshield washer systems. Further, selected other countries such as Italy, Russia, and Spain witnessed a significant surge in cases which notably impacted the demand for passenger vehicle sales during April-July 2020. However, numerous European countries recovered remarkably and saw a reliable rise in demand for automotive sales and its associated components among the OEMs and aftermarket sales.
Automotive Windshield Washer System Market Breakdown – by Region, 2021
Automotive Windshield Washer System Market Size | Growth 2028
Download Free Sample
Automotive Windshield Washer System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Hose & Connectors, Nozzles, Reservoirs, Pumps, and Wipers) and Vehicle Type (Commercial Vehicle, Passenger Vehicle, and Off-Road Highway Vehicle)
Automotive Windshield Washer System Market Size | Growth 2028
Download Free SampleAutomotive Windshield Washer System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Hose & Connectors, Nozzles, Reservoirs, Pumps, and Wipers) and Vehicle Type (Commercial Vehicle, Passenger Vehicle, and Off-Road Highway Vehicle)
The report segments the automotive windshield washer system market as follows:
Based on component, the automotive windshield washer system market is segmented into hose & connectors, nozzles, reservoirs, pumps, and wipers. Based on end user, the market is segmented into commercial vehicle, passenger vehicle, and off-road highway vehicle. By geography, the automotive windshield washer system market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Contact Us
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com