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Global Automotive Wiper System Market to Grow at a CAGR of 5.25% During the Period 2016 - 2020; Finds New Report

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


Lewes, DE -- (SBWIRE) -- 12/01/2016 -- Report forecast the global automotive wiper system market to grow at a CAGR of 5.25% during the period 2016-2020.

A wiper system is an electromechanical component placed on the windshield of automobiles. It is used to enhance the visibility of the windshield by wiping off unwanted sand, dust, and water particles caused by harsh weather conditions such as dust storms, rain, and snow. The demand for wiper systems is expected to increase during the forecast period with the aftermarket segment significantly contributing to the predicted growth. The global automotive wiper system market is projected to grow at a CAGR of 5.25% during the forecast period.

The report covers the present scenario and the growth prospects of the global automotive wiper system market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of wiper systems across all regions.

The market is divided into the following segments based on geography:
- Americas

According to the report, one of the primary drivers in the market is automatic rain-sensing wipers enable value addition to wiper systems. Rain sensors are used in wiper units of vehicles for automatic wiping. Rain-sensing windshield wiper technology is based on the principle of total internal reflection. The amount of light returning to the sensor depends on the amount of water on the windshield. During a downpour, the amount of light returning to the sensor decreases, thus switching on the wipers automatically; the speed is adjusted according to the heaviness of the rain.

Further, the report states that one major challenge in the market is lack of significant technological innovations. In the past decade, wiper systems have not changed significantly or advanced much in terms of innovation and technology. The few notable changes that have occurred include giving the consumer the ability to assemble the product on their own, changes in the materials used in wiper blades, and the recent development of a life indicator by French automotive component supplier Valeo. When any product reaches maturity, the manufacturers bring in a major innovation and move the market forward. However, the global automotive wiper system market is yet to make any such groundbreaking innovation even after a huge investment in R&D, and this acts as a significant challenge to market growth.

Global Automotive Wiper System Market 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 wiper system market: Bosch, DENSO, DOGA, Federal-Mogul, and TRICO.

Other prominent vendors in the market are: Valeo, Mitsuba, and WEXCO.

Market driver
- Need for higher accountability in supply chain integrated wiper systems.
- For a full, detailed list, view our report

Market challenge
- Lack of significant technological innovations.
- For a full, detailed list, view our report

Market trend
- OEMs using advanced windshield cleaning technologies as product differentiator.
- 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 60 pages and 30 Exhibits "Global Automotive Wiper System Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Geographical segmentation, Key leading countries, Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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