Automotive Washer System Market Expected to Reach US$ 17.5 Bn by 2016

Automotive Washer System Market: Global Industry Analysis and Opportunity Assessment, 2016â&#x20AC;&#x201C;2026 December 2016

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Automotive Washer System Market Automotive Washer System Market Expected to Reach US$ 17.5 Bn by 2016 Future Market Insights (FMI) delivers key insights on the global automotive washer system market in its latest report titled, “Automotive Washer System Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. Global sales of automotive washer systems including headlamp and windshield washer systems is expected to reach US$ 17.5 Bn in 2016, witnessing a y-o-y growth of 4.2% over 2015. The long-term outlook on the global automotive washer systems market remains positive, with the market expected to register a 5.4% value CAGR during the forecast period 2016-2026. Passenger car segment will account for maximum share of the total sales, extending the market share to 76.7% in 2026 as compared to 74.5% in 2016. In terms of volume, the global sales of automotive washer systems is expected to reach 1,453.4 Mn units in 2016 and is expected to expand at a CAGR 3.5% over the forecast period 2016–2026. 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. Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1081 ©2015 Future Market Insights, All Rights Reserved

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Automotive Washer System Market 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. 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

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Automotive Washer System Market 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

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.

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Table of Content 1. Automotive Washer System Market: Executive Summary 2. Automotive Washer System Market Overview 2.1. Introduction 2.1.1. Market Definition 2.1.2. Market Taxonomy 2.2. Macroeconomic Indicators Overview 2.2.1. Vehicle Production Forecast (2014–2026) 2.2.2. Vehicle Park Forecast (2014–2026) 2.3. Automotive Washer System Market Dynamics 2.3.1. Drivers 2.3.2. Restraints 2.3.3. Trends 2.3.4. Opportunity 2.3.5. Vehicle Recalls 2.3.6. Regulatory Scenario 2.3.7. Supply Chain ©2015 Future Market Insights, All Rights Reserved

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Table of Content 2.4. Global Automotive Washer System Market Forecast, 2016–2026 2.4.1. Automotive Washer System Market Volume (‘000 Units) Forecast 2.4.2. Automotive Washer System Market – Average Pricing Analysis, 2015 2.4.3. Automotive Washer System Market Size (US $) Forecast 2.4.3.1. Y-o-Y Growth Projections 2.4.3.2. Absolute $ Opportunity 3. Global Automotive Washer System Market Analysis, By Component 3.1. Introduction 3.1.1. Market Snapshot 3.1.2. Y-o-Y Growth Comparison, By Component 3.1.3. Basis Point Share (BPS) Analysis, By Component 3.1.4. Attractiveness Analysis, By Component 3.2. Market Size & Forecast, By Component 3.2.1. Nozzles 3.2.2. Reservoirs 3.2.3. Hose & Connectors 3.2.4. Pumps 3.2.5. Windshield Wipers ©2015 Future Market Insights, All Rights Reserved

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Table of Content 4. Global Automotive Washer System Market Analysis, By Vehicle Type 4.1. Introduction 4.1.1. Market Snapshot 4.1.2. Y-o-Y Growth Comparison, By Vehicle Type 4.1.3. Basis Point Share (BPS) Analysis, By Vehicle Type 4.1.4. Attractiveness Analysis, By Vehicle Type 4.2. Market Size & Forecast, By Vehicle Type 4.2.1. Passenger Cars 4.2.2. LCV 4.2.3. HCV 5. Global Automotive Washer System Market Analysis, By Application 5.1. Introduction 5.1.1. Market Snapshot 5.1.2. Y-o-Y Growth Comparison, By Application 5.1.3. Basis Point Share (BPS) Analysis, By Application 5.1.4. Attractiveness Analysis, By Application

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Table of Content 5.2. Market Size & Forecast, By Application 5.2.1. Windshield Washer System 5.2.2. Headlamp Washer System 6. Global Automotive Washer System Market Analysis, By Technology 6.1. Introduction 6.1.1. Market Snapshot 6.1.2. Y-o-Y Growth Comparison, By Technology 6.1.3. Basis Point Share (BPS) Analysis, By Technology 6.1.4. Attractiveness Analysis, By Technology 6.2. Market Size & Forecast, By Technology 6.2.1. Electrical 6.2.2. Mechanical 7. Global Automotive Washer System Market Analysis, By Sales Channel 7.1. Introduction 7.1.1. Market Snapshot ÂŠ2015 Future Market Insights, All Rights Reserved

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Table of Content 8. Global Automotive Washer System Market Analysis, By Region 8.1. Introduction 8.1.1. Market Snapshot 8.1.2. Y-o-Y Growth Comparison, By Region 8.1.3. Basis Point Share (BPS) Analysis, By Region 8.1.4. Attractiveness Analysis, By Region

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Automotive Washer System Market Expected to Reach US$ 17.5 Bn by 2016

Published on Dec 19, 2016

Ethan smith

Future Market Insights (FMI) delivers key insights on the global automotive washer system market in its latest report titled, “Automotive Washer System Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. Global sales of automotive washer systems including headlamp and windshield washer systems is expected to reach US$ 17.5 Bn in 2016, witnessing a y-o-y growth of 4.2% over 2015. The long-term outlook on the global automotive washer systems market remains positive, with the market expected to register a 5.4% value CAGR during the forecast period 2016-2026. Passenger car segment will account for maximum share of the total sales, extending the market share to 76.7% in 2026 as compared to 74.5% in 2016.