North America Automotive Windshield Washer System Market
No. of Pages: 100 | Report Code: TIPRE00017313 | Category: Automotive and Transportation
No. of Pages: 100 | Report Code: TIPRE00017313 | Category: Automotive and Transportation
The market is driven by the rising automotive sector, particularly vehicle sales. Consumers are increasingly aware of the necessity of greater visibility and safety when driving in normal and harsh conditions. Also, due to the developing transportation industry and increasing use of light commercial vehicles, the demand for commercial vehicles in North America has been steadily increasing. The demand for lightweight vehicle components to be integrated into light commercial vehicles is expected to increase considerably in the coming years. The automotive manufacturing output in North America, due to a growing urban population and increasing adoption of fuel-efficient automobiles, is predicted to fuel the growth of the windshield washer system market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America automotive windshield washer system market in the coming years. The market is expected to grow at a good CAGR during the forecast period.
North America Automotive Windshield Washer System Market Segmentation
The North America automotive windshield washer system market is segmented on the basis of component, vehicle type, and country. Based on component, the market is segmented into hose and connectors, nozzles, reservoirs, pumps, and wipers. The pumps segment dominated the market in 2020. Based on vehicle type, the North America automotive windshield washer system market is segmented into commercial vehicle, passenger vehicle, and off road highway vehicle. The passenger vehicle segment dominated the market in 2020. Based on country, the North America automotive windshield washer system market is segmented into the US, Canada, and Mexico. The US dominated the market in 2020.
Robert Bosh GmbH; Denso Corporation; dlhBOWLES; DOGA; HELLA GmbH and Co. KGaA; Kautex Textron GmbH & Co. KG; Mergon Group; MITSUBA Corporation; Trico Products Corporation; and Zhejiang Zhenqi Auto Parts Corp., Ltd by Altair are among the leading companies in the North America automotive windshield washer system market.
The North America Automotive Windshield Washer System Market is valued at US$ 1,175.76 Million in 2021, it is projected to reach US$ 1,597.78 Million by 2028.
As per our report North America Automotive Windshield Washer System Market, the market size is valued at US$ 1,175.76 Million in 2021, projecting it to reach US$ 1,597.78 Million by 2028. This translates to a CAGR of approximately 4.5% during the forecast period.
The North America Automotive Windshield Washer System Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Automotive Windshield Washer System Market report:
The North America Automotive Windshield Washer System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Automotive Windshield Washer System Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Automotive Windshield Washer System Market value chain can benefit from the information contained in a comprehensive market report.
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