Sales of Automotive Wipers Is Expected To Reach US$ 6.4 Bn by 2031

Global sales of automotive wipers will surpass US$ 4.1 Bn by the end of 2021. As per the report, the market is expected to reach US$ 6.4 Bn by the end of the 2021-2031 forecast period, recording a CAGR worth 4.5%. Passenger cars are likely to remain key shareholders, generating 45% revenue throughout the assessment period.

Innovation has been driving the growth of the automotive wiper market. Manufacturers are gradually shifting towards the production of automotive wipers with curvature to offer durable solutions to consumers. Given the frequent need to change the conventional automotive wipers, it is estimated that consumers will shift towards the beam blade and other innovative wipers for better sustainability and clear sight of line in their vehicles.

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Key Takeaways from the Market Study

  • Passenger vehicles expected to hold more than 45% market share for automotive wipers.
  • Low-profile beam blade automotive wipers to register a CAGR of 4.5% until 2031
  • High prospects anticipated for windshield wipers, capturing nearly 3/5th of the global market
  • 2 out of 5 automotive wiper sales to occur across Europe until 2031
  • Asia to possess more than 25% market share for automotive wipers
  • North America to emerge as the dominant market, capturing a revenue share worth 45%

“Prolific opportunities abound across the automotive aftermarket. Furthermore, key technological advancements, such as laser based cleaning systems, could revolutionize automotive wiper designs, generating ample growth opportunities” opines a Fact.MR analyst

Competitive Landscape

Prominent automotive wiper manufacturers emphasize on such key growth strategies as introducing new product lines into the market, collaborating with existing multinational, large-scale and small-scale manufacturers as well as acquiring certain market players. Key developments in this regard are as follows:

  • In July 2020, Robert Bosch introduced its Bosch Aerotwin windshield wiper series, comprising of an advanced rubber wiper profile. This wiping system deploys the Power Protection Plus (PPP) wiper rubber which offers less abrasion and war due to a special admixture in the blade
  • Likewise, in March 2020, Valeo launched a new wiper set in India. The wiper blades are equipped with a design such that it increases wiping durability and ensures optimized cleaning at reduced noise levels. These wiper sets are commissioned to be built within the country itself, at its Vallam plant in Chennai

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Key Companies Profiled :

  • Valeo
  • TRICO
  • Robert Bosch AG
  • Mitsuba Corp.
  • AM Equipment
  • B. Hepworth and Company Limited
  • Denso Corporation
  • DOGA S.A.
  • Federal Mogul Motorparts LLC
  • HELLA GmbH & Co. KGaA
  • Magneti Marelli S.p.A.
  • Nippon Wiper Blade Co. Ltd.
  • Pilot Automotive

Key Segments Covered

  • Arm Type
    • Synchronized Radial Arm Automotive Wipers
    • Pantograph Arm Automotive Wipers
  • Blade Type
    • Traditional Bracket Blades
    • Low-Profile Beam Blades
    • Hybrid Blades
  • Vehicle Category
    • Passenger Car Wipers
    • LCV Wipers
    • HCV Wipers
  • Application
    • Windshield Wipers
    • Rear Wipers
    • Headlight Wipers
  • Sales Channel
    • Automotive Wiper Sales through OEMs
    • Automotive Wiper Sales through Aftermarkets

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Questionnaire answered in the Automotive Wiper Market report include:

  • How the market for Automotive Wiper has grown?
  • What is the present and future outlook of the global Automotive Wiper on the basis of region?
  • What are the challenges and opportunities for the Automotive Wiper?
  • Why the consumption of Automotive Wiper highest in region?
  • In which year segment is expected to overtake segment?

What makes Fact.MR report stand out from others?

  • MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Automotive Wiper market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
  • Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Automotive Wiper market, thus, making it different and special from other reports.
  • Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
  • Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Automotive Wiper market and assists to create strategies to overcome the obstacles that may hinder the growth of the Automotive Wiper market.
  • Leverage: The Automotive Wiper market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
  • Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
  • Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Automotive Wiper market.

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