Pumps Segment to Dominate North America Automotive Windshield Washer System Market during 2019-2027
According to a new market research study on “North America Automotive Windshield Washer System Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Component and Vehicle Type” is expected to reach US$ 1,469.4 million by 2027 from US$ 1,400.9 million in 2019. The market is estimated to grow at a CAGR of 5.7 % from 2020 to 2027. The report provides trends prevailing in the North America automotive windshield washer system market along with the drivers and restraints pertaining to the market growth. Rise in number of automotive sales and combination of superior components in washer system to gain traction are the major factor driving the growth of the North America automotive windshield washer system market. However, issues associated with durability of components hinder the growth of North America automotive windshield washer system market.
In case of COVID-19, North America is highly affected specially the US. The North America region is greatly influenced by strong presence of the US owing to its considerable penetration of passenger vehicle per capita and large presence of automobile manufacturing capabilities in the region. Thought the US witnessed a notable surge in the number of COVID-19 cases the lack of stringent government measures and restrictions impacted little over the overall automotive industry hence the market witnessed a moderate impact from the pandemic. However, the ongoing US and China trade war did influence the availability of materials and components for various automotive OEMs did influence the market following the pandemic. Whereas, the Mexico and Canada countries witnessed a decline in the demand for automotive sales and therefore witnessed a notable decline in their overall market growth for various automotive component including washer system and its related components. The coronavirus outbreak's impact is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation in the North America will impact the automotive windshield washer system market growth of the North America region for the next few quarters.
Based on identifying and analyzing multiple number of market players, the North America automotive windshield washer system market is broadly segmented into component, vehicle type, and country. Based on component, the market is broadly segmented into hose and connectors, nozzles, reservoirs, pumps, and wipers. The pumps segment dominates the North America automotive windshield washer system market in 2019. The wiper segment is expected to be fastest growing during forecast period. Similarly, based on vehicle type, the market is briefly divided into commercial vehicle, passenger vehicle, off road highway vehicle. The passenger vehicle segment dominated the North America automotive windshield washer system market in 2019 and is expected to be fastest growing during forecast period.
Denso Corporation; dlhBOWLES; DOGA; HELLA GmbH and Co. KGaA; Kautex Textron GmbH & Co. KG; Mergon Group; MITSUBA Corporation; Robert Bosch GmbH; Trico Products Corporation; Zhejiang Zhenqi Auto Parts Corp., Ltd. are among the leading companies in the North America automotive windshield washer system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, Hella GmbH and Co. KGaA expands its manufacturing capabilities by adding 16,000 square meters more its Mexico facility.
The report segments the North America Automotive Windshield Washer System Market as follows:
By Component
By Vehicle Type
By Country
Reasons to Buy
According to a new market research study on “North America Automotive Windshield Washer System Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Component and Vehicle Type” is expected to reach US$ 1,469.4 million by 2027 from US$ 1,400.9 million in 2019. The market is estimated to grow at a CAGR of 5.7 % from 2020 to 2027. The report provides trends prevailing in the North America automotive windshield washer system market along with the drivers and restraints pertaining to the market growth. Rise in number of automotive sales and combination of superior components in washer system to gain traction are the major factor driving the growth of the North America automotive windshield washer system market. However, issues associated with durability of components hinder the growth of North America automotive windshield washer system market.
In case of COVID-19, North America is highly affected specially the US. The North America region is greatly influenced by strong presence of the US owing to its considerable penetration of passenger vehicle per capita and large presence of automobile manufacturing capabilities in the region. Thought the US witnessed a notable surge in the number of COVID-19 cases the lack of stringent government measures and restrictions impacted little over the overall automotive industry hence the market witnessed a moderate impact from the pandemic. However, the ongoing US and China trade war did influence the availability of materials and components for various automotive OEMs did influence the market following the pandemic. Whereas, the Mexico and Canada countries witnessed a decline in the demand for automotive sales and therefore witnessed a notable decline in their overall market growth for various automotive component including washer system and its related components. The coronavirus outbreak's impact is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation in the North America will impact the automotive windshield washer system market growth of the North America region for the next few quarters.
Based on identifying and analyzing multiple number of market players, the North America automotive windshield washer system market is broadly segmented into component, vehicle type, and country. Based on component, the market is broadly segmented into hose and connectors, nozzles, reservoirs, pumps, and wipers. The pumps segment dominates the North America automotive windshield washer system market in 2019. The wiper segment is expected to be fastest growing during forecast period. Similarly, based on vehicle type, the market is briefly divided into commercial vehicle, passenger vehicle, off road highway vehicle. The passenger vehicle segment dominated the North America automotive windshield washer system market in 2019 and is expected to be fastest growing during forecast period.
Denso Corporation; dlhBOWLES; DOGA; HELLA GmbH and Co. KGaA; Kautex Textron GmbH & Co. KG; Mergon Group; MITSUBA Corporation; Robert Bosch GmbH; Trico Products Corporation; Zhejiang Zhenqi Auto Parts Corp., Ltd. are among the leading companies in the North America automotive windshield washer system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, Hella GmbH and Co. KGaA expands its manufacturing capabilities by adding 16,000 square meters more its Mexico facility.
The report segments the North America Automotive Windshield Washer System Market as follows:
By Component
- Hose and Connectors
- Nozzles
- Reservoirs
- Pumps
- Wipers
By Vehicle Type
- Commercial Vehicle
- Passenger Vehicle
- Off Road Highway Vehicle
By Country
- US
- Canada
- Mexico
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America automotive windshield washer system market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America automotive windshield washer system market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the automotive windshield washer system market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. North America Automotive Windshield Washer System Market Landscape
5. North America Automotive Windshield Washer System Market - Key Market Dynamics
6. Automotive Windshield Washer System Market- North America Analysis
7. North America Automotive Windshield Washer System Market Analysis - By Component
8. North America Automotive Windshield Washer System Market Analysis - By Vehicle Type
9. North America Automotive Windshield Washer System Market - Country Analysis
10. North America Automotive Windshield Washer System Market- COVID-19 Impact Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Denso Corporation
- dlhBOWLES
- DOGA
- HELLA GmbH and Co. KGaA
- Kautex Textron GmbH & Co. KG
- Mergon Group
- MITSUBA Corporation
- Robert Bosch GmbH
- Trico Products Corporation
- Zhejiang Zhenqi Auto Parts Corp., Ltd.