Insights on the Automotive Wipers Global Market to 2028 - Featuring Robert Bosch, Valeo and Trico Products Among Others

2/26/2021 10:09:45 AM

(MENAFN- PR Newswire) DUBLIN, Feb. 26, 2021 /PRNewswire/ -- The "Automotive Wipers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028" report has been added to ResearchAndMarkets.com's offering.

The global automotive wipers market was valued at US$ 3,625.6 Mn in 2019. Automotive wipers form a quintessential part for any vehicle. They perform the important function of removing water, dirt, and snow from the windshield of a vehicle. Usually, an automotive wiper is powered either by an electric motor or is pneumatically powered. One of the most important factors driving the automotive wipers market is the continued production of automobiles across the globe coupled with higher demand in the aftermarket segment. However, the global automobile production output has been on a steady decline since 2017. For instance, the global automobile production output decreased from 97 million vehicles in 217 to 92 million vehicles in 2019. Furthermore, with the onset of the COVID-19 pandemic, global automotive production is expected to register a decline of 20% in 2020. Thereby, the overall demand for automotive wipers is expected to witness a stark reduction in 2020.In terms of application, another prominent factor aiding the automotive wipers market growth is the increasing adoption of the rear wiper systems in low-end car segment. Earlier, rear wipers found application mostly in SUVs, but off late they are finding extensive application in hatchbacks and compact SUVs. Moreover, with resumption of economic activities coupled with loosening lockdown restrictions is expected to drive the demand in the aftermarket segment since a large proportion of vehicle owners would seek to start using vehicles after a long pause. Thereby, post COVID-19 recovery, the automobile wipers market is expected to grow at a healthy CAGR of 10.2% during the forecast period from 2020 to 2028. Increasing application of rear wipers in hatchbacks and Compact SUVs propelling the automotive wipers market growth Rear wipers segment expected to witness the fastest growth during the forecast period. In 2019, its share stood at more than 25% of the overall market. However, with an increasing number of vehicles equipped with rear wipers, the segment share expected to grow eventually in following years. Rear wipers are becoming more common by the day and nowadays there are an array of hatchbacks and compact SUVs coming with rear wipers pre-equipped. Growing concern for safety is one of the most prominent factors complimenting the demand growth for rear wipers. However, the windshield wipers segment, the largest in terms of value in 2019, will continue to maintain its dominant position during the forecast period benefiting mostly from the growing global motor vehicle production. Growing motor vehicle production in major markets such as China and India set to affect the market positively Asia Pacific represents the largest and most lucrative regional market for automotive wipers worldwide. The value share of Asia Pacific in the global automotive wipers market stood at more than 45% in the year 2019. The trend shall prolong and the region is poised to register strong growth during the forecast period. The world's largest motor vehicle manufacturer (Toyota) is headquartered in the region. Other leading motor vehicle manufacturers headquartered in the region include Hyundai, Nissan, Honda and Suzuki. Highly aspirational consumers coupled with fast GDP growth have been the two most prominent growth drivers for most of the emerging markets in Asia Pacific such as; India, China, Malaysia and other developing markets in Southeast Asia. China, which is the largest motor vehicle manufacturing country in the world, has witnessed a rising middle class, a factor that has complimented the Chinese auto market growth. Improving standard of living and rising disposable income have been important factors driving the automotive wipers demand in the region positively. These factors in combination expected to drive the Asia Pacific automotive wipers market in the following years. E-commerce emerging as a popular buying destination for automotive wipers The automotive wipers market is marked with the presence of both local and global players, wherein the local players mostly focus on price competitiveness and the global players on brand value. Moreover, the global players also have the benefit of supplying to the automotive OEMs. In recent years, with the advent of e-commerce, automotive wipers are widely available through online platforms such as Amazon, eBay, and Alibaba among others. Ease of shopping and wide availability are the two most prominent factors complimenting the online sales growth of automotive wipers. Moreover, the concept of do-it-yourself (DIY) has gained popularity in recent years. This has led consumers to mostly prefer online platforms to purchase automotive wipers as they are available at a lower price online. However, the growing share of online sales is posing significant challenges for the offline market vendors.Key players profiled in the report include Robert Bosch GmbH, Valeo S.A., ASMO Co., Ltd., Trico Products Corporation, Denso Corporation, Federal-Mogul Corporation, Mitsuba Corporation, WEXCO Industries, Inc., PMP Auto Components Private Limited, Doga, S.A., and Camoflex Wiper Systems among others. Key questions answered in this report

What was the global market size in 2019 and forecast for 2028?
What are the current market trends in the automotive wipers market and valuable opportunities for the players?
How are the drivers and challenges going to affect the market dynamics?
Which are the bestselling automotive wipers?
Which region expected to be the fastest-growing?
What are the key strategies adopted by the leading players in market?
What are the factors influencing automobile manufacturers to equip rear wipers?
What are the various factors contributing to the rear wipers segment growth?
Which blade type segment expected to witness the fastest growth during the forecast period?

Key Topics Covered: Chapter 1 Preface 1.1 Report Description1.1.1 Purpose of the Report1.1.2 Target Audience1.1.3 USP and Key Offerings1.2 Research Scope1.3 Market Segmentation1.4 Research Methodology1.4.1 Phase I - Secondary Research1.4.2 Phase II - Primary Research1.4.3 Phase III - Expert Panel Review1.4.4 Assumptions1.4.5 Approach Adopted Chapter 2 Executive Summary 2.1 Market Snapshot: Global Automotive Wipers Market2.2 Global Automotive Wipers Market, By Vehicle Type, 20192.3 Global Automotive Wipers Market, By Application, 20192.4 Global Automotive Wipers Market, By Blade Type, 20192.5 Global Automotive Wipers Market, By Sales Channel, 20192.6 Global Automotive Wipers Market, By Geography, 2019 Chapter 3 Market Dynamics 3.1 Market Overview3.1.1 Global Automotive Wipers Market Value, 2018 - 20283.2 Market Drivers3.3 Market Challenges3.3.1 Impact Analysis of Drivers and Restraints3.4 Key Market Trends and Future Outlook3.5 Attractive Investment Proposition, by Geography3.6 Competitive Analysis3.6.1 Market Positioning of Key Vendors3.6.2 Key Strategies Adopted by the Leading Players Chapter 4 Global Automotive Wipers (AW) Market Analysis, by Vehicle Type, 2018 - 2028 4.1 Overview4.2 Passenger Cars4.3 Commercial Vehicles Chapter 5 Global Automotive Wipers (AW) Market Analysis, by Application, 2018 - 2028 5.1 Overview5.2 Windshield Wipers5.3 Rear Wipers Chapter 6 Global Automotive Wipers (AW) Market Analysis, by Blade Type, 2018 - 2028 6.1 Overview6.2 Traditional Bracket Blades6.3 Low-profile Beam Blades6.4 Hybrid Blades Chapter 7 Global Automotive Wipers (AW) Market Analysis, by Sales Channel, 2018 - 2028 7.1 Overview7.2 OEMs7.3 Aftermarket Chapter 8 North America Automotive Wipers (AW) Market Analysis, 2018 - 2028 8.1 Overview8.2 North America Automotive Wipers Market Analysis, By Vehicle Type, 2018 - 20288.2.1 Market Analysis8.3 North America Automotive Wipers Market Analysis, By Application, 2018 - 20288.3.1 Market Analysis8.4 North America Automotive Wipers Market Analysis, By Blade Type, 2018 - 20288.4.1 Market Analysis8.5 North America Automotive Wipers Market Analysis, By Sales Channel, 2018 - 20288.5.1 Market Analysis8.6 North America Automotive Wipers Market Analysis, By Country, 2018 - 20288.6.1 U.S.8.6.2 Canada Chapter 9 Europe Automotive Wipers (AW) Market Analysis, 2018 - 2028 9.1 Overview9.2 Europe Automotive Wipers Market Analysis, By Vehicle Type, 2018 - 20289.2.1 Market Analysis9.3 Europe Automotive Wipers Market Analysis, By Application, 2018 - 20289.3.1 Market Analysis9.4 Europe Automotive Wipers Market Analysis, By Blade Type, 2018 - 20289.4.1 Market Analysis9.5 Europe Automotive Wipers Market Analysis, By Sales Channel, 2018 - 20289.5.1 Market Analysis9.6 Europe Automotive Wipers (AW) Market Analysis, By Region/Country, 2018 - 20289.6.1 U.K.9.6.1 Germany9.6.2 France9.6.3 Rest of Europe Chapter 10 Asia Pacific Automotive Wipers (AW) Market Analysis, 2018 - 2028 10.1 Overview10.2 Asia Pacific Automotive Wipers Market Analysis, By Vehicle Type, 2018 - 202810.2.1 Market Analysis10.3 Asia Pacific Automotive Wipers Market Analysis, By Application, 2018 - 202810.3.1 Market Analysis10.4 Asia Pacific Automotive Wipers Market Analysis, By Blade Type, 2018 - 202810.4.1 Market Analysis10.5 Asia Pacific Automotive Wipers Market Analysis, By Sales Channel, 2018 - 202810.5.1 Market Analysis10.6 Asia Pacific Automotive Wipers Market Analysis, By Region/Country, 2018 - 202810.6.1 China10.6.2 Japan10.6.3 India10.6.4 Rest of Asia Pacific Chapter 11 Rest of the World (RoW) Automotive Wipers (AW) Market Analysis, 2018 - 2028 11.1 Overview11.2 RoW Automotive Wipers Market Analysis, By Vehicle Type, 2018 - 202811.2.1 Market Analysis11.3 RoW Automotive Wipers Market Analysis, By Application, 2018 - 202811.3.1 Market Analysis11.4 RoW Automotive Wipers Market Analysis, By Blade Type, 2018 - 202811.4.1 Market Analysis11.5 RoW Automotive Wipers Market Analysis, By Sales Channel, 2018 - 202811.5.1 Market Analysis11.6 RoW Automotive Wipers Market Analysis, By Country, 2018 - 202811.6.1 Middle East & Africa (MEA)11.6.2 Latin America Chapter 12 Company Profiles 12.1 Robert Bosch GmbH12.2 Valeo S.A.12.3 ASMO Co., Ltd.12.4 Trico Products Corporation12.5 Denso Corporation12.6 Federal-Mogul Corporation12.7 Mitsuba Corporation12.8 WEXCO Industries, Inc.12.9 PMP Auto Components Private Limited12.10 Doga, S.A.12.11 Camoflex Wiper SystemsFor more information about this report visit

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