IMARC Group, a leading market research company, has recently releases report titled "Wiper Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" the global wiper systems market size reached US$ 8.94 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.09 Billion by 2028, exhibiting a growth rate (CAGR) of 5.05% during 2023-2028.
Wiper systems refer to integrated electromechanical systems designed for removing rain, debris, snow, and ice from the windscreen of vehicles. They are mostly manufactured using steel, rubber, and aluminum and comprise of two wiper arms, a wiper drive, a rubber wiping lip, and spray nozzles. Wiper systems offer an optimal windscreen wiping result, help mitigate driving distractions, improve visibility, particularly during harsh weather conditions, and prevent the risk of vehicle collisions. Consequently, they are extensively installed into passenger and commercial vehicles.
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Wiper Systems Market Trends and Drivers:
The expanding automobile industry and the rising sales of commercial and passenger vehicles across the globe are primarily driving the wiper systems market. In addition to this, the escalating advancements in the wiper and technology and the introduction of rain-sensing wipers that can detect rain and activate the car wiper motor via a microcontroller-based circuit and deter distraction caused by adverse rain while driving are acting as significant growth-inducing factors. Furthermore, the increasing integration of rear wipers in sports utility vehicles (SUVs) with an upright rear window that collects dirt, dust, and snow is also positively influencing the market growth.
Apart from this, the growing production of electric vehicles (EVs) and the elevating demand for OEM replacements are further stimulating the global market. Besides this, the inflating expenditure by leading automobile manufacturers on digital marketing campaigns and promotional activities through online videos and social media posts to create brand awareness and expand the consumer base and the launch of advanced research and development (R&D) activities to innovate new technologies that will help enhance the safety standards of passengers are expected to bolster the wiper systems market over the forecasted period.
Wiper Systems Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Albany Magneto Equipment Inc, Cardone Industries, Doga SA, HELLA GmbH & Co. KGaA (Faurecia SE), Mitsuba Corporation, Robert Bosch GmbH, Syndicate Wiper Systems (P) Ltd, The Matador Company Limited, Trico Products, Valeo, Wexco Industries Inc., etc.
The report has segmented the market on the basis of
Type Insights:
Traditional Wiper System
Rain Sensing Wiper System
The report has also provided a detailed breakup and analysis of the wiper systems market based on the type. This includes traditional and rain sensing wiper systems. According to the report, the traditional and rain sensing wiper systems. According to the report, the tradition wiper system represented the largest segment.
Vehicle Insights:
Passenger Cars
Commercial Vehicles
A detailed breakup and analysis of the wiper systems market based on the vehicle has also been provided in the report. This includes passenger cars and commercial vehicles. According to the report, passenger cars accounted for the largest market share.
Component Insights:
Windshield Wiper
Wiper Motor
Rain Sensor
A detailed breakup and analysis of the wiper systems market based on the component has also been provided in the report. This includes windshield wiper, wiper motor, and rain sensor. According to the report, windshield wiper accounted for the largest market segment.
Sales Channel Insights:
OEM
A detailed breakup and analysis of the wiper systems market based on the sales channel has also been provided in the report. This includes aftermarket and OEM. According to the report, OEM accounted for the largest market share.
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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