The Global Automotive Windshield Washer Pump Market Is Estimated To Be USD 1.02 Billion In 2021 And Is Projected To Grow At A CAGR Of 5.27% 2022 To 2030.

Automotive Windshield Washer Pumps Market Overview:

Increase in annual automobile sales worldwide is the most important factor supporting the growth of the global automotive windshield washer system market. The windshield washer system significantly improves visibility for motorists in a variety of weather conditions including snowfall, rain and wind. Automotive windshield washer systems have therefore become an important component across commercial and passenger vehicles. Historical vehicle units sold annually accessed by the Organization Internationale des Constructeurs d'Automobiles (OICA) have seen a significant jump in the number of windshield washing systems sold through OEMs, particularly in total vehicles sold (million units) over the past few years. In addition, increasing disposable income of individuals in emerging countries, primarily in the Asia-Pacific region, is sustaining profitable growth in the passenger car market. It is expected to provide several business opportunities to the automotive windshield washer system market in the future. Additionally, tropical and continental weather conditions prevailing in several Asian countries are expected to drive the growth of the automotive windshield washer system market by providing steady demand for automotive washer systems with aftermarket sales and repairs.

The automotive windshield washer system market is driven by the increasing sales of the automotive sector, particularly vehicles. Consumers are increasingly aware of the need for better visibility and safety when driving in normal and harsh conditions. Hence, the automotive windshield washer system market is expected to grow. Demand for commercial vehicles in North America is steadily increasing due to advancements in the transportation industry and increasing use of light commercial vehicles. The need for lightweight vehicle components to be integrated into light commercial vehicles is expected to increase considerably. Global automobile manufacturing output is projected to propel the growth of the automotive windshield washing system market owing to rising urban population and growing adoption of fuel efficient vehicles.

Automotive Windshield Washer Pumps market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Automotive Windshield Washer Pumps market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• In March 2022, Mergon announced the acquisition of Weltonhurst to increase production capacity and provide a foundation for the company to expand its operations with UK-based customers. Weltonhurst has been manufacturing plastic parts for the industrial, medical and packaging industries for over 40 years and has a long list of satisfied customers in the UK and internationally.
• In August 2021 HELLA and Faurecia have agreed to merge their companies. Faurecia purchased a 60% stake in HELLA from pool shareholders and made a tender offer for the remaining HELLA shares in the joint venture at €60 per share. The two companies merged to become the world's seventh-largest automotive supplier and a global market leader in high-growth technology.

Major Market Segments Covered in Automotive Windshield Washer Pumps Industry Research:

Market Key Players:
Hella, Continental, Bosch, ACDelco, Federal Mogul, Standard Motor Products, Ford, Trico, Denso, ASMO, Mitsuba, FCA US LLC, Doga, Ferdinand Bilstein GmbH, Taap Corporation, Shihlin, Johnson Electric, Chaodun, Jinqiu Electric, Zhenqi

By Type:

• Mono Pump
• Dual Pump

By Application:

• Passenger Vehicle
• Commercial Vehicle

By Region:

North America was one of the major markets for windshield washer pumps with a revenue share exceeding 15% in 2021 owing to the high level of vehicle sanitation observed across the United States. Asia Pacific is projected to be the largest and fastest growing regional market compared to the forecast. period. The region accounted for over 35% revenue share in 2021 and is projected to witness significant growth from 2022 to 2030. This can be attributed to increased vehicle production in China, India, Japan, South Korea and Taiwan. Additionally, growing concerns about road safety coupled with stringent government regulations are some of the major factors driving demand for the product in the region.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Growth Factors:

• Increased demand for cars.
• Technological advances in windshield washer pumps.
• Strict government regulations for vehicle safety and emission control.
• Growing awareness of the benefits of using a windshield washer pump.
• Increasing disposable income of consumers.

Automotive Windshield Washer Pumps Market report scope:

Report Attributes	Details
Growth Rate	CAGR of 5.2% from 2022 to 2030.
By Type	Mono Pump, Dual Pump
By Application	Passenger Vehicle, Commercial Vehicle
By Companies	Hella, Continental, Bosch, ACDelco, Federal Mogul, Standard Motor Products, Ford, Trico, Denso, ASMO, Mitsuba, FCA US LLC, Doga, Ferdinand Bilstein GmbH, Taap Corporation, Shihlin, Johnson Electric, Chaodun, Jinqiu Electric, Zhenqi
Regions  and Countries  Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Key Takeaways from this Automotive Windshield Washer Pumps Report

• Estimate Automotive Windshield Washer Pumps market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Automotive Windshield Washer Pumps market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Automotive Windshield Washer Pumps market?

The Automotive Windshield Washer Pumps Market is growing at a CAGR of 5.2% During Forecast Period.

What are the key types of Automotive Windshield Washer Pumps market?

Mono Pump, Dual Pump

What are the key applications of Automotive Windshield Washer Pumps market?

Passenger Vehicle, Commercial Vehicle                                   

Who are the key players in Automotive Windshield Washer Pumps market?

Hella, Continental, Bosch, ACDelco, Federal Mogul, Standard Motor Products, Ford, Trico, Denso, ASMO, Mitsuba, FCA US LLC, Doga, Ferdinand Bilstein GmbH, Taap Corporation, Shihlin, Johnson Electric, Chaodun, Jinqiu Electric, Zhenqi