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Automotive Washer System Market

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<strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong>: Global Industry<br />

Analysis and Opportunity Assessment, 2016–2026<br />

December 2016<br />

Report Id : REP-GB-1081<br />

Status : Nov-16<br />

Category : <strong>Automotive</strong> & Transportation<br />

©2015 Future <strong>Market</strong> Insights, All Rights Reserved


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Research Methodology (1/2)<br />

<strong>System</strong>atic Research Approach<br />

<strong>Market</strong> profiling<br />

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Developing list of respondents<br />

Data collection<br />

Data validation<br />

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In-depth secondary research is used to<br />

ascertain overall market size, top<br />

industry players, top products, industry<br />

associations, etc.<br />

PMR formulates a detailed discussion<br />

guide to conduct expert and industry<br />

interviews<br />

PMR develops a list of industry players<br />

(manufacturers), distributors, retailers<br />

and industry experts<br />

PMR conducts interviews with industry<br />

experts, industry players, distributors<br />

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Identifying key opinion leaders<br />

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<strong>Market</strong> participants<br />

Key strengths<br />

Product portfolio<br />

Mapping as per value chain<br />

Key focus segments<br />

A<br />

Primary<br />

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C<br />

Company<br />

Analysis<br />

Research &<br />

Intelligence<br />

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Actionable<br />

Insights<br />

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Desk<br />

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Business<br />

Solution<br />

Key industry experts<br />

Channel study<br />

Developments<br />

<strong>Market</strong> dynamics<br />

Products<br />

Conclusions<br />

Data analysis<br />

6<br />

Data is scrutinized using MS-Excel to<br />

obtain qualitative and quantitative<br />

insights about the industry<br />

Primary Research #<br />

Secondary Research #<br />

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Factiva<br />

GBI<br />

Genios<br />

Meltwater<br />

# includes sources of databases<br />

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<strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong><br />

<strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Expected to Reach US$ 17.5 Bn by 2016<br />

Future <strong>Market</strong> Insights (FMI) delivers key insights on the global automotive washer system market in its<br />

latest report titled, “<strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong>: Global Industry Analysis and Opportunity<br />

Assessment, 2016–2026”. Global sales of automotive washer systems including headlamp and windshield<br />

washer systems is expected to reach US$ 17.5 Bn in 2016, witnessing a y-o-y growth of 4.2% over 2015.<br />

The long-term outlook on the global automotive washer systems market remains positive, with the<br />

market expected to register a 5.4% value CAGR during the forecast period 2016-2026. Passenger car<br />

segment will account for maximum share of the total sales, extending the market share to 76.7% in 2026<br />

as compared to 74.5% in 2016.<br />

In terms of volume, the global sales of automotive washer systems is expected to reach 1,453.4 Mn units<br />

in 2016 and is expected to expand at a CAGR 3.5% over the forecast period 2016–2026.<br />

Increasing vehicle production and adoption of efficient wiper and washer technologies are primary<br />

factors bolstering the sales of washer systems globally. Moreover, high replacement rate of washer<br />

system components is expected to result in high sales in the aftermarket segment. The emergence of<br />

newer wiper blade and windshield cleaning technologies is resulting in higher cost of end products, which<br />

is a major factor restraining adoption of these products among consumers.<br />

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<strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong><br />

High market penetration of relatively low-cost wiper and washer system alternatives restricts demand for<br />

wiper de-icer, nozzle integrated wipers and heated nozzle washer systems.<br />

Segmentation highlights<br />

The global automotive washer system market is segmented on the basis of Component (Nozzles,<br />

Reservoirs, Hose & Connectors, Pumps, Windshield Wipers, Wiper Motor); Sales Channel (OEM,<br />

Aftermarket); Technology (Electric, Mechanical); Vehicle Type (Passenger Cars, Light Commercial Vehicles,<br />

Heavy Commercial Vehicles); and Application (Windshield <strong>Washer</strong> <strong>System</strong>, Headlamp <strong>Washer</strong> <strong>System</strong>).<br />

Windshield wiper was the largest segment by component in 2015 and this will remain unchanged in 2016<br />

Nozzle and hose & reservoir segments are expected to be the next large segment in terms of volume<br />

By value, wiper motor segment is expected to remain dominant over the forecast period. The segment is<br />

expected to account for share of 45.9% in 2016 and is expected to maintain dominance over the forecast<br />

period<br />

By product type, windshield washer segment was the largest segment in 2015, and this segment is<br />

anticipated to hold 72.3% of the market revenue by 2026. Advancements in wiper blade technology and<br />

nozzle design will support growth of the market over near future<br />

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<strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong><br />

Headlamp washer system segment is anticipated to witness a relatively high value CAGR than windshield<br />

washer system. Increasing sales of premium and luxury vehicle globally is anticipated to bolster the<br />

growth of headlamp washer system. Furthermore, automakers in the market are focussing on introducing<br />

value added features in their mid-range vehicles, so as to earn competitive edge in the market<br />

Regional projections<br />

The global automotive washer system market is segmented into the regions of North America, Latin<br />

America, Western Europe, Eastern Europe, APEJ, MEA, and Japan. Asia Pacific, the largest market for<br />

automotive washer systems is expected account for US$ 5.5 Bn revenue in 2016. Increasing adoption of<br />

headlamp washer systems in semi-luxury and mid-sized cars is major trend witnessed in the region. North<br />

America is expected to be the next big market, the region accounted for 21.1% of the total revenue share<br />

in 2015 and is anticipated to hold 20.7% in 2016. The recent relocation of automobile production facilities<br />

to developing nations such as Mexico will impact the OEM sales of washer systems in the region. Western<br />

Europe is expected to account for US$ 3.3 Bn revenue in 2016. The market for headlamp washer systems<br />

in the region is majorly driven by the existing stringent regulations to deploy these systems with high<br />

intensity headlamps.<br />

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Table of Content<br />

1. <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong>: Executive Summary<br />

2. <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Overview<br />

2.1. Introduction<br />

2.1.1. <strong>Market</strong> Definition<br />

2.1.2. <strong>Market</strong> Taxonomy<br />

2.2. Macroeconomic Indicators Overview<br />

2.2.1. Vehicle Production Forecast (2014–2026)<br />

2.2.2. Vehicle Park Forecast (2014–2026)<br />

2.3. <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Dynamics<br />

2.3.1. Drivers<br />

2.3.2. Restraints<br />

2.3.3. Trends<br />

2.3.4. Opportunity<br />

2.3.5. Vehicle Recalls<br />

2.3.6. Regulatory Scenario<br />

2.3.7. Supply Chain<br />

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Table of Content<br />

2.4. Global <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Forecast, 2016–2026<br />

2.4.1. <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Volume (‘000 Units) Forecast<br />

2.4.2. <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> – Average Pricing Analysis, 2015<br />

2.4.3. <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Size (US $) Forecast<br />

2.4.3.1. Y-o-Y Growth Projections<br />

2.4.3.2. Absolute $ Opportunity<br />

3. Global <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Analysis, By Component<br />

3.1. Introduction<br />

3.1.1. <strong>Market</strong> Snapshot<br />

3.1.2. Y-o-Y Growth Comparison, By Component<br />

3.1.3. Basis Point Share (BPS) Analysis, By Component<br />

3.1.4. Attractiveness Analysis, By Component<br />

3.2. <strong>Market</strong> Size & Forecast, By Component<br />

3.2.1. Nozzles<br />

3.2.2. Reservoirs<br />

3.2.3. Hose & Connectors<br />

3.2.4. Pumps<br />

3.2.5. Windshield Wipers<br />

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Table of Content<br />

4. Global <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Analysis, By Vehicle Type<br />

4.1. Introduction<br />

4.1.1. <strong>Market</strong> Snapshot<br />

4.1.2. Y-o-Y Growth Comparison, By Vehicle Type<br />

4.1.3. Basis Point Share (BPS) Analysis, By Vehicle Type<br />

4.1.4. Attractiveness Analysis, By Vehicle Type<br />

4.2. <strong>Market</strong> Size & Forecast, By Vehicle Type<br />

4.2.1. Passenger Cars<br />

4.2.2. LCV<br />

4.2.3. HCV<br />

5. Global <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Analysis, By Application<br />

5.1. Introduction<br />

5.1.1. <strong>Market</strong> Snapshot<br />

5.1.2. Y-o-Y Growth Comparison, By Application<br />

5.1.3. Basis Point Share (BPS) Analysis, By Application<br />

5.1.4. Attractiveness Analysis, By Application<br />

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Table of Content<br />

5.2. <strong>Market</strong> Size & Forecast, By Application<br />

5.2.1. Windshield <strong>Washer</strong> <strong>System</strong><br />

5.2.2. Headlamp <strong>Washer</strong> <strong>System</strong><br />

6. Global <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Analysis, By Technology<br />

6.1. Introduction<br />

6.1.1. <strong>Market</strong> Snapshot<br />

6.1.2. Y-o-Y Growth Comparison, By Technology<br />

6.1.3. Basis Point Share (BPS) Analysis, By Technology<br />

6.1.4. Attractiveness Analysis, By Technology<br />

6.2. <strong>Market</strong> Size & Forecast, By Technology<br />

6.2.1. Electrical<br />

6.2.2. Mechanical<br />

7. Global <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Analysis, By Sales Channel<br />

7.1. Introduction<br />

7.1.1. <strong>Market</strong> Snapshot<br />

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Table of Content<br />

8. Global <strong>Automotive</strong> <strong>Washer</strong> <strong>System</strong> <strong>Market</strong> Analysis, By Region<br />

8.1. Introduction<br />

8.1.1. <strong>Market</strong> Snapshot<br />

8.1.2. Y-o-Y Growth Comparison, By Region<br />

8.1.3. Basis Point Share (BPS) Analysis, By Region<br />

8.1.4. Attractiveness Analysis, By Region<br />

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