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Automotive Washer System market set to reach US$ 29.6 bn revenues by 2026

by harsh143 · October 22, 2018

Global sales in the automotive washer systems market including headlamp and windshield washer systems is expected to reach US$ 17.5 Bn in 2016 Youth Tobias Rieder Jersey , witnessing a y-o-y growth of 4.2% over 2015. The global automotive washer system market is expected to register a value CAGR of 5.4% over the forecast period (2016鈥?026) and reach a value of US$ 29.6 Bn by end of 2026.


Report For Sample with Table of Contents@ In terms of volume, the global sales in the automotive washer systems market is expected to reach 1,453.4 Mn Units in 2016 and expand at a CAGR 3.5% over the forecast period 2016鈥?026. Increasing vehicle production and adoption of efficient wiper and washer technologies are primary factors bolstering sales of washer systems globally. Moreover Youth Ryan Strome Jersey , high replacement rate of washer system components is expected to result in high sales in the aftermarket segment. The long-term outlook on the global automotive washer systems market remains positive, with the market expected to increase at 5.4% value CAGR during the forecast period 2016-2026.

Windshield wiper was the largest segment by component in 2015 and the status quo 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 Youth Adam Larsson Jersey , windshield washer segment was largest segment in 2015, the 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 automotive washer systems market in the near RRI. Headlamp washer system segment is anticipated to expand at a relatively higher value CAGR than windshield washer system. Increasing sales of premium and luxury vehicles globally is anticipated to bolster growth of headlamp washer system. Furthermore, automakers in the market are focusing on introducing value added features in their mid-range vehicles Youth Kris Russell Jersey , so as to earn competitive edge in the market.


Request For Report Discount@ Asia Pacific is the largest automotive washer systems market and it is predicted to account for US$ 5.5 Bn revenue in 2016. Increasing adoption of headlamp washer systems in semi-luxury and mid-sized cars is a 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 automotive production facility 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.

Robert Bosch GmbH Youth Wayne Gretzky Jersey , Denso Corporation, Valeo S.A., continental AG and Mitsuba Corporation are the top 5 players in the global automotive washer system market Youth Connor McDavid Jersey , accounting for about 30% market revenue share in 2015. The leading players in the market are focusing acquisition, collaboration and partnerships ofwith technology providers to increase their product portfolio and market presence. Furthermore, expansion of production facilities par. Cheap Nike Shoes Cheap Air Jordan Cheap Nike Air Max Cheap Air Max 2018 Cheap Nike Air Max Shoes Cheap Nike Air Max Shoes Jordan 12 Shoes For Sale Air Max 2018 Outlet Cheap Jerseys China Cheap NFL Jerseys