Press release
Headlamp Washer Systems Market to Incur Rapid Extension During 2017-2025
Increasing adoption of automotive headlamp washer systems coupled with anticipated steady growth in automotive production, especially, in developing countries is one of the major driving factor for the growth of global headlamp washer systems market during the forecast period. Moreover, demand for and production of high end luxury and premium vehicles has witnessed a steady growth especially in certain developing countries such as India. Along with this, increasing replacement rates of the headlamp washer system in the vehicle is also one of the driving factor for the expected growth of headlamp washer market over the forecast period.
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Especially in emerging markets, adoption of features such as headlamp washer systems is relatively low owing to significant share of no-frills vehicles in overall automotive production. Furthermore, lackluster economic growth especially in North America and Europe are expected to act as an impediment to growth of automotive production in these regions, in turn acting as hindrance to growth of headlamp washer system during the forecast period.
Headlamp Washer Systems Market – Segmentation
The global headlamp washer systems market can be segmented on the basis of components, vehicle types and sales channel. On the basis of components the global headlamp washer systems market can be segmented as pumps and nozzles. On the basis of vehicle type the global headlamp washer system can be segmented as passenger cars, Light commercial vehicle (LCV) and Heavy commercial vehicle (HCV). On the basis of sales channels, global headlamp washer systems market can be segmented as OEM and aftermarket.
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Headlamp Washer Systems Market – Regional Outlook
Asia Pacific region is expected to dominate the global market for headlamp washer system owing to the dominant presence of China which has overtaken U.S. in terms of automotive production. North America accounted for a significant share in global headlamp washer systems market owing to strong presence of automotive manufacturing in the region.
Europe is also expected to witness steady growth and recovery after economic slow-down in the region. Latin America region is expected to witness average growth owing to the economic crisis in that region. Overall, the global headlamp washer systems market is expected to witness a steady growth during the forecast period.
Headlamp Washer Systems – Market Players
Examples of some of the market participants in the global Headlamp washer systems market are: Robert Bosch GmbH, Denso Corporation, Valeo SA, Continental AG, HELLA KGaA Hueck & Co., Ningbo Joyson Electronic Corp, Mergon Group, Trico Products Corporation, Kautex Textron GmbH & Co. KG.
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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, and sales channels, vehicle types.
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