Market overview
According to the industry reports, the global Automotive Windshield Washer Market is projected to expand at a global 5.85% CAGR over the forecast period that will be ending in 2028. These stats are as per the latest report. The global market can reach a size of USD 61,786.7 Million. The Automotive windshield washer systems or windscreen pipers can be considered as devices that are used to wash the windshield by spraying fluid and removing particles like dust, snow, rain, and ice from the front window. There is a rising focus on visibility in tough climates and investments in mechanisms for helping in improving washing that are likely to drive the market demand over the forecast period.
The outbreak of the COVID-19 pandemic is known to have had a severe impact on the automotive sector with its effects reverberating in production and supply chains. This is illustrated by manufacturing interruptions in countries like Europe. The closure of assembly plants, and an increasing degree of mergers and acquisitions. Automotive component makers are witnessing a crunch in demand and sales owing to the pandemic.
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However, the easing of lockdown restrictions by the global governments as well as the rise of the economic stimulus packages can revitalize the industry owing to the huge demand for vehicles. Windshield manufacturers as a part of the global market are playing their role against the pandemic outbreak. This is exemplified by the expansion of the lubricants producer mol lub ltd that is shifting its production line of windshield washer fluids to produce hand and surface sanitizers.
Market segmentation
The automotive windshield washer market has been segmented based on the following:
Fluid Type segmentation
The fluid segmentation of the global market includes Bug-Repellent, Water-Repellent, Anti-Freeze, amongst others.
Vehicle Type segmentation
The vehicle segment of the global automotive windshield washer market includes LCV, HCV, and Passenger Vehicles.
Application-based segmentation
The application segment of the global market includes Aftermarket and OEM
Regional Analysis
The European region is anticipated to garner heavy demand for the automotive windshield washer market and systems owing to the rising customers’ preference of refraining from visiting car washes. Car owners are expected to stock up on the market products to keep windshields clean and durable during long rides. Constant travel for leisure or work is likely to further play a major role in influencing the market demand in the region. The availability of low interest rates on loans for the purchase of vehicles can drive the sales of passenger vehicles sales. Moreover, the move to electric mobility has further, led to EV manufacturers integrating novel washing technologies compatible with the car.
Industry News
· Supplier Development Systems is on the way to planning to commercialize the Brimtech Self-Filling Windshield Washer System for the carmakers to save on the rising fuel costs and ensure future electronics work seamlessly.
· The Visio Blade window-cleaning system has been integrated into the Lincoln that has been designed for the prevention of the formation of ice underneath rubber windshield wiper blades.
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