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.
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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.
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
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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.
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
By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- MEA
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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 in 2015. 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.
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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Global sales in the automotive washer systems market 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 global automotive washer system market is expected to register a value CAGR of 5.4% over the forecast period (2016–2026) and reach a value of US$ 29.6 Bn by end of 2026.
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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 2016–2026. Increasing vehicle production and adoption of efficient wiper and washer technologies are primary factors bolstering 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 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, 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, so as to earn competitive edge in the market.
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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, Denso Corporation, Valeo S.A., continental AG and Mitsuba Corporation are the top 5 players in the global automotive washer system market, accounting for about 30% market revenue share in 2015. The leading players in the market are focusing 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.
Report Analysis@ https://www.researchreportinsights.com/report/rd/110114758/Automotive-Washer-System-Market
The global automotive brake system market is anticipated to witnessing a substantial growth due to fresh prospects of the automotive industry in emerging along with developing economies and increased safety concerns by the government.
It was stated in the report that the overall growth of the market is expected to reach a market value of above US$ 25 Billion through 2022, exhibiting a strong 5.7% of CAGR throughout 2017-2022.In modern cars mostly two kinds of brakes are used which are drum brakes and disc brakes.
Every new car has disc brakes on the front wheels, whereas the rear wheels may possibly use whichever drum or disc brakes.
Of these, the disc brakes category has a comparatively bigger share in the overall market during 2017 and will account for a market evaluation of US$14 Billion for the duration of the forecast 2017 to 2022.
On the other hand, the expansion rate for the drum brakes segment will be on the climb in the approaching years.In terms of the sales channel, the worldwide market is categorized into aftermarket and OEM.
The OEM category reflects a revenue share of about fourth-fifth and will foresee a remarkable 5.5% CAGR for the duration of the assessment, 2017-2022.
SummaryAutomotive Camera Market Growth, 10% CAGR, Statistics and Business Opportunity Analysis Report 2020 include historic data, with forecast data to 2023.
Global Automotive Camera Market Information Report By Vehicle Type (Commercial Vehicle and Passenger Vehicle), by Camera Type (Front View, Rear View and Interior Cam), by technology (Night Vision Recording, Accident Sensor, Built-in GPS and Others), by end use, by application (Transportation Vehicles, Government and Defense Vehicles, Private Vehicles and Others) and By Region - Forecast To 2023Automotive Camera Market OverviewVehicle cameras were once too costly to be advantageous for car owners, but in the present day, they have become a valuable resource for any vehicle.
vehicle cameras, in conjunction with other ADAS technologies, help make driving safer and more efficient.
Market Research Future (MRFR) has recently published an in-depth research report on the global Automotive Camera Market which is based on meticulous analysis of the pertinent factors that can impact the market over the forecast period of 2017-2023.
MRFR has projected a CAGR of 10% in the market over the forecast period.The use of vehicle cameras has increased significantly over the years as they provide an added level of security.
Technological advancements in vehicle cameras along with a reduction in price, has raised their adoption among end users, which has driven the growth of the market.Get Free Sample @ https://www.marketresearchfuture.com/sample_request/1953 Vehicle cameras monitor and record footage both inside and outside the car which can help as evidence in case of liabilities, insurance claims, and legal ramifications in the incidence of road accidents, thefts, or even in case of reports filed against commercial cars by passengers.Competitive LandscapeContinental AG (Germany)GoPro Inc. (U.S.)Transcend Information Inc. (Taiwan)Valeo (France)Autoliv Inc (Sweden)Falcon Electronics LLC (Balkans)Qrontech Co. Ltd. (South Korea)DCS Systems Ltd. (U.K.)Delphi Automotive PLC (U.K.)S.Will Industrial Ltd. (China) and Robert Bosch Gmbh (Germany) are the eminent players in the Automotive Camera Market.Industry UpdatesJune 2019 - ZF Friedrichshafen AG, a German car parts maker, has developed a dual camera lens specifically designed for the commercial truck market.
Automotive HMI Market Report published by value market research, it provides a comprehensive market analysis which includes market size, share, value, growth, trends during forecast period 2019-2025 along with strategic development of the key player with their market share.
Further, the market has been bifurcated into sub-segments with regional and country market with in-depth analysis.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the automotive HMI market include Alpine Electronics Inc., Continental AG, Delphi Automotive PLC, DENSO Corporation, EAO AG, Panasonic Corporation, Robert Bosch GmbH, Texas Instruments Inc., Visteon Corporation and Yazaki Corporation among others.
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However, factors such as high installation cost and security threat are likely to retrain the market growth.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities.
The Latest Trending Report Global Traction Motor Market 2020 By Manufacturers, Regions, Type And Application, Forecast To 2025 Offered By Decisiondatabases.Com Is An Informative Study Covering The Market With Detailed Analysis.
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The latest trending report Global Automotive HMI Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2026 offered by Value Market Research is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The broad automotive HMI market has been sub-grouped into product, interface, access and end-use.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Polymer Modified Bitumen Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/automotive-hmi-market/download-sampleBy ProductInstrument ClusterTouch Screen DisplayHead-Up DisplaySteering Mounted ControlRear Seat Entertainment {RSE} UnitMultifunction SwitchesBy InterfaceVirtual InterfaceMechanical InterfaceAcoustic InterfaceOthersBy AccessStandard HMIMultimodal HMIBy End-UseEconomic CarsMedium CarsPremium CarsThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the automotive HMI market include Alpine Electronics Inc., Continental AG, Delphi Automotive PLC, DENSO Corporation, EAO AG, Panasonic Corporation, Robert Bosch GmbH, Texas Instruments Inc., Visteon Corporation and Yazaki Corporation among others.
