Wiper System Market Size, Share, Trends 2030

Wiper System Market Size

The global Wiper System market, which accrued revenue worth 8.01 (USD Billion) in 2019 and is anticipated to garner earnings of about 11.2 (USD Billion) by 2025, is set to grow at a CAGR of nearly 5.4% during the period from 2019 to 2025. The report offers a valuation and analysis of the Wiper System market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2019 along with a forecast from 2019 to 2025 based on value (USD Billion).

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Introduction OF Wiper System Market

A wiper system is an electro-mechanical equipment that is utilized in vehicles for removing rain, ice, debris, and snow from windshields or windscreens. It is necessary for every vehicle such as cars, watercraft with a cabin, trucks, train locomotives, and aircraft. Apart from this, different kinds of wipers are utilized in motor automotive including sequential sweep, mono-blade, left or right-hand drive, pantograph system, and dual windscreen systems. There are generally two kinds of wiper systems such as conventional systems and rain-sensing systems.

Market Growth Dynamics

The surge in vehicle production owing to an increase in the per capita income will foster the expansion of the wiper system industry over the forecast timeline. Massive demand for Do-It-Yourself deployment of wiper systems will produce new growth avenues for the wiper system market over the assessment timeline. Apparently, the thriving eCommerce industry will steer the expansion of the wiper system business in the forthcoming years.

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In addition to this, an upswing in demand for rain-sensing wipers will translate into humungous growth of the wiper system market in the years to come. Nonetheless, the lack of standard protocols for producing automotive wiper systems, huge automatic wiper costs, and dysfunction of automatic wiper systems will pose a threat to the expansion of the wiper system industry over the assessment period.

Moreover, large-scale production of vehicles in emerging economies such as India and China will generate new horizons of growth for the wiper system industry over the forecast period. In addition to this, massive demand for passenger cars along with the cost-effective as well as time-savvy deployment mode of wiper systems will culminate into humungous growth of the wiper system industry over the forecast timeline.   

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Wiper System Market Report Scope: 

North America To Dominate Overall Market Size By 2025

The regional market dominance over the forecast timeline can be attributed to the presence of major vehicle part producers such as Trico and Robert Bosch GmbH. Furthermore, these brand names offer a large number of items including motors, blades, and linkages. Countries such as Canada and the U.S. are anticipated to be the major regional revenue drivers in the ensuing years.

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Key Market Players & Competitive Landscape:

Key participants profiled in the study include Nippon Wiper Blade Co., Ltd., DENSO Corporation, Magneti Marelli S.p.A, Robert Bosch GmbH, Federal Mogul Motorparts LLC., Am Equipment, Valeo, DOGA SA, Mitsuba Corp., HELLA GmbH & Co. KGaA, Pilot Automotive, and B. Hepworth and Company Limited.

The global wiper system market is segmented as follows:

By technology:

• Conventional
• Rain-sensing

By wiper blade type:

• Standard Wiper
• Hybrid Wiper
• Beam Wiper

By component:

• Windshield Wiper

• Wiper Motor

• Rain Sensor

By vehicle type:

• Passenger Vehicles
• Commercial Vehicles

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa