Global Automotive Windshield Washer System Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The global automotive windshield washer system market is anticipated to grow at a CAGR of 5.5% during the forecast period (2022-2028). The windscreen (or windshield) washer system of a car allows the driver to clean the windscreen and depending on the version, the rear window as well. Windshield wipers keep the windshield of a vehicle clear from rainwater, snow, dust, and road spray. Traditionally the windshield wipers were operated manually by moving a lever inside the car. Later wiper designs were powered by the engine's manifold vacuum. Such devices are usually fitted in most modern automobiles with rain sensors so they automatically start when it rains, ensuring visibility for drivers under all conditions. The increasing demand for passenger vehicles with improved safety and increasing usage of commercial vehicles are some major driving factors for the growth of the global automotive windshield washer system market. Additionally, the increasing demand for commercial vehicles across the globe due to the increase in income levels and the growing awareness about the security features among the vehicle owners are some other factors boosting the growth of the market.

Some major players in the market include Denso Corp., Continental AG, and Mitsuba Corp, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in 2019, Elysian Capital bought majority share in Mergon Group. The new investment enabled Mergon group to increase its business by 50% in the next three years. Additionally, in 2020, the DOGA group was chosen by Tanado Ltd to provide heavy-duty wiper system for Tanado's cranes.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Denso Corp., Continental AG, and Mitsuba Corp., among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Automotive Windshield Washer System Market is available at:
https://orionmarketreports.com/global-automotive-windshield-washer-system-market/101251/

Global Automotive Windshield Washer System Market Report by Segment

By Type
• Passenger Vehicle
• Commercial Vehicle

By Application
• OEM
• Aftermarket

Global Automotive Windshield Washer System Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.