Despite Continued Economic Slowdown, China Still Remains a Major Market for Wiper Systems
Global Wiper Systems Market to Reach $12.7 Billion by 2030
The global market for Wiper Systems estimated at US$9 Billion in the year 2022, is projected to reach a revised size of US$12.7 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030. Rain Sensing, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$7.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Conventional segment is readjusted to a revised 3.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 7.6% CAGR
The Wiper Systems market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.Select Competitors (Total 19 Featured) -
- AM Equipment
- Cardone Industries, Inc.
- Denso Corporation
- DOGA S.A.
- Federal-Mogul Corporation
- HELLA GmbH & Co. KGaA
- Magneti Marelli S.p.A.
- Mitsuba Corporation
- PMP Auto Components Pvt. Ltd.
- Robert Bosch GmbH
- Saver Automotive Products, Inc.
- Screen Wiper Solutions
- Syndicate Wiper Systems (P) Ltd.
- The Matador Company Ltd.
- Trico Products Corporation
- Valeo S.A.
- WEXCO Industries Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AM Equipment
- Cardone Industries, Inc.
- Denso Corporation
- DOGA S.A.
- Federal-Mogul Corporation
- HELLA GmbH & Co. KGaA
- Magneti Marelli S.p.A.
- Mitsuba Corporation
- PMP Auto Components Pvt. Ltd.
- Robert Bosch GmbH
- Saver Automotive Products, Inc.
- Screen Wiper Solutions
- Syndicate Wiper Systems (P) Ltd.
- The Matador Company Ltd.
- Trico Products Corporation
- Valeo S.A.
- WEXCO Industries Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 182 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 9 Billion |
Forecasted Market Value ( USD | $ 12.7 Billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |