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Global Automotive Heated Wiper Blade System Aftermarket to Grow at a CAGR of 13.75% During the Period 2016-2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Automotive Heated Wiper Blade System Aftermarket 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 10/19/2016 -- Report forecast the global automotive heated wiper blade system aftermarket to grow at a CAGR of 13.75% during the period 2016-2020.

The automotive wiper blade system forms a fundamental part of any kind of automobile. Although the system comes as a standard fitment with every vehicle, it was invented many years after the invention of automobiles. An American woman named Mary Anderson from Alabama is believed to have invented the equipment. The idea struck her while she was travelling to New York city, US, during winters in a trolley car and noticed that the driver had limited visibility due to frost formation on the windshield.

The report covers the present scenario and the growth prospects of the global automotive heated wiper blade system aftermarket for 2016-2020. To understand and calculate the global automotive heated wiper blade system market size based on geography, a top-down approach is used, where the market is derived from the overall automotive heated wiper blade system application volume.

The market is divided into the following segments based on geography:
- North America
- Europe and Russia

According to the report, emerging e-commerce trend is a key driver aiding to the growth of this market. It has been more than a decade since automotive e-commerce marketplace has helped make shopping for vehicular parts easy. Over the years, the online marketplace has become competitive with numerous players entering in the field, comprehensive product offering. E-commerce in retailing of online automotive products has already gained popularity and momentum with well-established players foraying into the arena. In recent years, the automotive aftermarket has experienced significant digital penetration across the world, especially in the west. The primary reason for the increasing popularity of e-commerce websites is due to the availability of do-it-yourself (DIY) products. Moreover, competitive pricing and home delivery services are other important factors among customer's preference for online purchasing.

Further, the report states that stringent government norms and regulations is challenge the market is facing. Manufacturers of global automotive heated wiper blade systems in the aftermarket in various countries are subject to various laws and government regulations. Companies have to comply with various business and investment approval processes, and adhere to import and export regulations. They also have to adhere to regulations related to commerce, antitrust, patents, consumer rights, taxation, foreign exchange, environmental conservation, recycling, and safety. Regulatory changes can have a detrimental effect on the financial condition of a company and its performance. A significant amount of capital is also spent on complying with these regulations. Therefore, failure to generate sufficient sales to recover this investment could adversely affect a company's performance.

Global Automotive Heated Wiper Blade System Aftermarket 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global automotive heated wiper blade system aftermarket: Tinsin, BeRoadSmart, Thermalblade, Everblades, and Heat and Clean.

Other Prominent Vendors in the market are: Heatflexx

Market driver
- Low cost of wiper blade system and installation
- For a full, detailed list, view our report

Market challenge
- Shorter product shelf life and presence of transmission motor
- For a full, detailed list, view our report

Market trend
- Development of new all-weather proof wiper blade technology
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 47 pages and 19 Exhibits "Global Automotive Heated Wiper Blade System Aftermarket 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by geography, Key leading countries, Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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