Automotive Wiper Trends and Forecast
The future of the global automotive wiper market looks promising with opportunities in the windshield and rear markets. The global automotive wiper market is expected to grow with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising concern towards safety of vehicles and increasing demand for smart wipers and washer wipers.Automotive Wiper by Segment
The study includes a forecast for the global automotive wiper by blade type, market type
, vehicle type, application, and region.Automotive Wiper Market by Blade Type [Shipment Analysis by Value from 2018 to 2030]:
- Traditional Brackets
- Low-Profile Beam
- Hybrid Blade
Automotive Wiper Market by Market Type [Shipment Analysis by Value from 2018 to 2030]:
- OEM
- Aftermarket
Automotive Wiper Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Automotive Wiper Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Windshield
- Rear
- Others
Automotive Wiper Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Automotive Wiper Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive wiper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive wiper companies profiled in this report include:- Robert Bosch
- Denso
- Hella
- Nippon Wiper Blade
- TRICO
- Federal Mogul Motorparts
- Magneti Marelli
Automotive Wiper Market Insights
The report forecasts that aftermarket is expected to witness the higher growth over the forecast period due to rising demand for technologically advanced wiper.Within this market, windshield will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to significantly growing automotive production and increasing demand of energy-efficient wiper solutions in countries like Japan and China.
Features of the Global Automotive Wiper Market
- Market Size Estimates: Automotive wiper motor market size estimation in terms of value ($B).- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Automotive wiper motor market size by various segments, such as by blade type, market type
- Regional Analysis: Automotive wiper motor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different blade types, market types, vehicle types, applications, and regions for the automotive wiper market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive wiper market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for automotive wiper market?Answer: The global automotive wiper market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the automotive wiper market?
Answer: The major drivers for this market are rising concern towards safety of vehicles and increasing demand for smart wipers and washer wipers.
Q3. What are the major segments for automotive wiper market?
Answer: The future of the automotive wiper market looks promising with opportunities in the windshield and rear markets.
Q4. Who are the key automotive wiper market companies?
Answer: Some of the key automotive wiper companies are as follows:
- Robert Bosch
- Denso
- Hella
- Nippon Wiper Blade
- TRICO
- Federal Mogul Motorparts
- Magneti Marelli
Answer: The report forecasts that aftermarket is expected to witness the higher growth over the forecast period due to rising demand for technologically advanced wiper.
Q6. In automotive wiper market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to significantly growing automotive production and increasing demand of energy-efficient wiper solutions in countries like Japan and China.
Q7. Do we receive customization in this report?
Answer: Yes, the publisherl provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive wiper market by blade type (traditional brackets, low-profile beam, and hybrid blade), market type (OEM and aftermarket), vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), application (windshield, rear, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Automotive Wiper Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Robert Bosch
- Denso
- Hella
- Nippon Wiper Blade
- TRICO
- Federal Mogul Motorparts
- Magneti Marelli
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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