Wiper System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Report Code: ZMR-3067 | Report Format : | Status : Upcoming |

Abstract

Global Wiper System Market: Overview

Wiper system is a device or tool use in motor vehicles to remove rain, snow, ice, and debris from a windscreen or windshield. It’s a legal requirement in each motor vehicle; it is almost used in every vehicle including cars, trucks, train locomotives, watercraft with a cabin and some aircraft also. There are various types of wipers used in motor vehicles such as pivot- left or right-hand drive, sequential sweep, single blade arm, monoblade, Pantograph system, dual windscreen wiper arms. It is found that there is two major type of wipers systems used in the market i.e. traditional wiper system and rain-sensing wiper system in which rain sensing wiper system is highly in demand.

Global Wiper System Market: Growth Factors

The most important aspect in wiper system market is that it is highly in demand due to a number of road accidents occurring worldwide. The improved standard of living and increase in GDP in developing regions has stimulated the purchase of automotive vehicles thereby, fostering the demand for these products. In addition, rising demand for rain sensing wiper system for luxurious and better ride quality as this eliminates human interference by detecting rain or snow and switching on wipers automatically which reduces the distraction of drivers. Rain sensing wipers are expected to be used on low cost cars segments due to low cost hardware’s such as sensors which will be reducing the cost of the wiper system.

It is also found that beam blade wiper system is also in high demand as it has no metal frame which provides effective cleaning due to its unique design. However, cost of automatic wiper system increases as additional components are needed along with rain sensor and false detection of rain is restraining the growth of the market Furthermore, the growing automobile production is expected to drive the market growth over the forecast period. The global wiper system market is estimated to grow in billions due to rise in vehicle production industry in developing countries such as China, Japan, and India. It is likely to offer growth and development opportunities for the wiper system market in coming years.

Global Wiper System Market: Segmentation

The traditional wiper system is anticipated to grow in upcoming years, as the raw material used for its manufacturing such as rubber, aluminum, and steel that is easily available at low cost. Therefore, traditional wiper system is expected to hold largest market share and is widely used in passenger and commercial vehicles. Rain-Sensing Wipers are expected to grow faster due to low-cost sensors, which will be reducing the cost of the wiper system enabling its usage in lower segment vehicles. Moreover, these products are expected to raise the aesthetic and functional value of the car which is stimulating its usage across multiple car segments. The growing automobile production is expected to drive the market growth over the forecast period, and there is a higher demand for passenger cars in emerging region due to increase in domestic income which is anticipated to foster the growth in coming years.

Global Wiper System Market: Regional Analysis

North America is projected to dominate and lead the global market followed by Europe, due to the prominent use of passenger car. Regions with adverse climatic conditions have significant demand for the automotive wiper motor system. The global automobile market is about to grow faster in this region such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, Middle East and Africa which will directly impact to the wiper system market. In APEJ, Korea, India, ASEAN, and China are major markets for automobiles and have a substantial share in the global automotive wipers market.

Global Wiper System Market: Competitive Players

Some of the most important market players in the industry include ASMO Co., Ltd Robert Bosch GmbH, Denso, Trico Products, Valeo S.A., MITSUBA, WEXCO Industries, Inc., Federal-Mogul, DOGA S.A. and PMP Auto Components Private Limited, among others.

Global Wiper System Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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