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Key Takeaways from Automotive Windshield Washer System market
- Europe holds the largest market share with Germany leading from the front. This could be credited to car owners likely to stock the products for keeping windshields crystal clean at the time of long rides. The frequency of travel has increased for both – work and leisure. On these grounds, collaborating with tech companies is on the anvil. The UK and France stand second.
- North America holds a significant market share. This could be credited to growing production as well as sales of vehicles along with growing vehicle parc.
- As far as the Asia-Pacific is concerned, Japan dominates the market. This could be reasoned with increasing number of automobile manufacturers all across the country.
“Automotive windshield washer system is dependable, inexpensive, long-lasting, and above all – easy to install and assemble. These factors are expected to keep the cash registers ringing for automotive windshield washer system market in the forecast period”, – says an analyst from Future Market Insights.
Competitive Analysis
- Lincoln Aviator, in December 2019, did launch heated wiper blades for keeping windshields off snow and ice.
- Mitsuba is continuously evolving with centralized control over mechanisms and motors. They do have a global network as a part of manufacturing and development system. They, as such, would be continuing to provide a plethora of lightweight, compact, power-efficient, and quiet products for electrification of vehicles.
- DENSO Corporation announced that its two subsidiaries, namely Asahi Manufacturing Co., Ltd. would merge with Nippon Wiper Blade Co., Ltd. in October 2019 for starting DENSO Wiper Systems, Inc.
Key players are:
HELLA GmbH & Co. KGaA, Continental Aktiengesellschaft, Mitsuba Corporation, DENSO Corporation, Trico Products Corporation, Kautex Textron GmbH & Co. KG., ASMO CO., LTD., Mergon Group, Doga S.A., Exo-s, Inc.,
Key Segmentations
By Capacity:
- 1.5- 2 liter
- 2- 3 liter
- 3- 4 liter
- 4- 5 liter
- Above 5 liter
By Sales Channel:
- Original Equipment Manufacturer
- Aftermarket
By Technology:
- Electrical
- Mechanical
By Vehicle Type:
- Passenger Cars
- LCV
- HCV
By Region:
- North America
- Latin America
- Europe
- Japan
- Asia Pacific Excluding Japan
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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