Automotive Wiper System Market Overview:
An automotive wiper system is also called as windshield protecting system in and automotive industry, located at a front and rear end of a vehicle particularly on outer portion of a windshield. The wiper system consists of a metal arm powered by a motor such as an electric motor, or often pneumatic power is also used in some vehicles. The wiper system is pivoting at one end and with a long rubber blade. An automotive wiper system used to remove water droplets, rain water, snow, ice and debris from windscreen. The wiper system provides various advantages such as, it has various nozzles which sprays water or an antifreeze window washer fluid at the windshield to clean the dirt and make a clean view for driver. Automotive Wiper System Market Size To Expand at a Notable CAGR Of 5.6% During 2019 – 2023.
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Key Players:
The prominent players in the global automotive wiper system 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).
Growth Analysis:
The lack of standard protocols for the development of automotive wiper systems, lack of skilled drivers, and complex design of the system are considered as the key restraining factors for the growth of this market. However, the growing demand for electric vehicles across the globe, growing population, improving economy from emerging nations are providing enough opportunity growth of this market.
The global automotive wiper system is projected to witness a significant growth during the study period. The rising number of manufacturers who are integrating simple and economical wiper components to protect against uneven weathering, the growing focus by consumers and automotive OEMs on vehicle and driver safety are driving the growth this market. For instance, in 2018, Magneti Marelli, leading automotive wiper motor and Fiat Chrysler Automobiles enter in an agreement for creating a prominent and independent automotive components provider.
Automotive Wiper System Market Segmentation:
The global Automotive Wiper System Market is segmented on the basis of arm type, motor type, application, vehicle type, propulsion, and region.
On the basis of arm type, the market has been segmented into synchronized radial arm and pantograph arm.
On the basis of motor type, the market has been segmented into stepper and brush and brushless motors.
On the basis of vehicle type, the market has been segmented into passenger car and commercial vehicle.
On the basis of propulsion, the market has been segmented into ICE and electric vehicle.
On the basis of sales channel, the market has been segmented into OEM and Aftermarket.
Regional 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.
Table of Contents
1. Executive Summary
2. Scope of The Report
2.1. Market Definition
2.2. Scope of The Study
2.2.1. Definition
2.2.2. Research Objective
2.2.3. Assumptions
2.2.4. Limitations
2.3. Research Process
2.3.1. Primary Research
2.3.2. Secondary Research
2.4. Market Size Estimation
2.5. Forecast Model
3. Market Landscape
3.1. Porter’s Five Forces Analysis
3.1.1. Threat of New Entrants
3.1.2. Bargaining Power of Buyers
3.1.3. Threat of Substitutes
3.1.4. Segment Rivalry
3.1.5. Bargaining Power of Buyers
3.2. Value Chain/Supply Chain Analysis
Continued…
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