The demand for automotive washer pumps is likely to increase substantially during the forecast period. The demand for pressure pumps is directly proportional to the increase in the vehicle production around the world. According to International Organization of Motor Vehicle Manufacturers (OICA), the global vehicle production stood at 94.97 million in 2016. In 2015 the production was 90.78 million. There was an increase of about 4.6% year on year. The global vehicular production is likely to reach 113.54 million in 2021. This increase is likely to augment the demand for automotive washer pumps in the coming years.

Another key driver that is likely to drive the demand for automotive washer pumps is the rise in demand for automotive wiper systems and headlamp washer systems. Cars and trucks have the capability of incorporating two windshield wipers. The number of automotive washer pumps has remained constant. These were only a part of the cars in the mid-luxury and luxury segment. However, nowadays all the cars have these components from the manufacturing side. As the demand from the customers to buy wipers with high quality and improved durability, manufacturers are looking to generate the demand through increase in the number of cars sold as the number of automotive washer pumps cannot be increased.

The number of accidents is on the rise. According to the Centre for Disease control and Prevention, the number of motor vehicle traffic death has been around 10.6 per 100, 000 people. This number is set to rise in the coming years. Moreover, governments, consumers, insurance companies, and manufacturers of automotive products are extremely concerned about the swelling number of road accidents per year. This has led to significant investments by many groups in order to develop new technologies and enhanced products to reduce the number of accidents. This has resulted into the development of products including improved wiper systems, airbags, telematics, seatbelts, and GPS. Furthermore, the development of the automotive washer pumps market is inclined to rise depending upon the increase in road safety programs. Wiper systems with effectual washer pumps aids in clear vision, thereby reducing the incidents of accidents, and they also keep the driver safer in dangerous weather conditions including snow, rain, and dust storms.

The global automotive washer pumps market can be segmented by product type, vehicle type, technology, displacement type, and geography. In terms of product type the global automotive washer pumps market can be segregated into fuel pump, oil pump, water pump, windshield washer pump, steering pump, transmission pump, fuel injection pump, and vacuum pump. The fuel injection pumps segment is likely to account for the maximum share of the global automotive washer pumps market. This is due to the augmented demand for fuel efficient vehicles as well as increase in acceptance of automotive technologies such as gasoline direct injection. The transmissions pump segment followed the fuel injection pumps segment in terms of value. This growth is due to the rise in manufacturing of automatic transmission systems across the world.

By vehicle type the global automotive washer pumps market can be divided into passenger car, light commercial vehicles, and heavy commercial vehicles. On the basis of technology, the market is bifurcated into electric pump, and mechanical pumps. Based on displacement type the global automotive washer pumps market is segmented into variable displacement, and fixed displacement.

In terms of geography, the global automotive washer pumps market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region accounted for the maximum share of the global automotive washer pumps market. Increase in sales of passenger cars, , the growing focus on safety features, amplified government regulations, and rise in demand for fuel efficient vehicles, especially in the passenger car segment are expected to boost the demand for automotive washer pumps in the Asia Pacific region.

Key players operating in the global automotive washer pumps market are VDO, DENSO, Mitsuba, Valeo, Johnson Electric, TRICO, ACDelco, Bosch, Hella, ACI Auto, Almity, and dlhBOWLE.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Automotive Washer Pumps Market

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