Automotive Wiper System Market Growth, Industry Share, Future Investment to 2027
Automotive Wiper System Market Highlights:
The Wiper System become an integral part of an automobile, which is composed wiper drive and two wiper arms. The Wiper System is made from molded substrates, plastics, metal, and fabrics. The drive moves the two wiper arms at a certain angle across the windshield, providing a clear view for the driver and passenger. A specially-shaped rubber wiping lip ensures an optimal wiping result. Furthermore, Bosch has come up with a new jet wiper arms, which improves the visibility by applying a washer fluid exactly where it is needed, i.e. right in front of the wiper blade. The global Automotive Wiper System Market Size is expected to witness ~5.6% CAGR during the period, 2020 to 2027.
The increasing demand for SUVs across the globe, increasing concern over driver and vehicle safety, and the increasing utilization of rear wipers and rear motors are considered as the key driving factors for the growth of this market.
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Key Players
The prominent players in the global automotive wiper system market share include Valeo S.A. (France), Robert Bosch GmbH (Germany), DOGA Automotive (Spain), WAI Global (US), Magneti Marelli (Italy), DENSO Corporation (Japan), Pilot Automotive (US), Am Automotive (US), B. Hepworth and Company Limited (UK), and Mitsuba Corp. (Japan).
Market Research Analysis
In terms of region, the global market for the automotive Wiper System is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is estimated to hold the largest market share during the forecast period owing to growing production of automobiles from China, India, Kores, and Japan. Moreover, growing population, and rising purchasing power of people are expected to boost the demand for automotive wiper system market. Furthermore, the growing industrilization and infrastructure development across the region accelerate the growth of this market.
Europe is estimated to grow at a significant rate in automotive wiper system market during forecast period owing to the stringent regulations and increasing number of light vehicles across the Europen Union.
Scope of the Report
This study provides an overview of the global automotive wiper system market growth, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive wiper system market by arm type, motor type, vehicle type, propulsion, and region.
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By Arm Type
Synchronized Radial Arm
Pantograph Arm
By Motor Type
Stepper Motor
Brush and Brushless Motor
By Vehicle Type
Passenger Car
Commercial Vehicle
By Propulsion
OEM
Aftermarket
By Regions
North America
Asia-Pacific
Europe
Rest of the World
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Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
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