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Wiper Systems - Global Market Trajectory & Analytics

  • ID: 338377
  • Report
  • July 2020
  • Region: Global
  • 367 Pages
  • Global Industry Analysts, Inc
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Despite Continued Economic Slowdown, China Still Remains a Major Market for Wiper Systems

FEATURED COMPANIES

  • Denso Corporation (Japan)
  • DOGA S.A (Spain)
  • Valeo S.A. (France)
  • MORE
Global Wiper Systems Market to Reach $10.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Wiper Systems estimated at US$8.1 Billion in the year 2020, is projected to reach a revised size of US$10.3 Billion by 2027, growing at aCAGR of 3.5% over the period 2020-2027. Rain Sensing, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$6.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Conventional segment is readjusted to a revised 2.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 6.4% CAGR

The Wiper Systems market in the U.S. is estimated at US$2.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.We bring years of research experience to this 17th edition of our report. The 367-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • 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.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Denso Corporation (Japan)
  • DOGA S.A (Spain)
  • Valeo S.A. (France)
  • MORE

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Windshield Wipers: A Standard Equipment on all Vehicles

Recent Market Activity

Market Outlook

Global Competitor Market Shares

Wiper Systems Competitor Market Share Scenario Worldwide (in %): 2018 & 2029

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

Albany Magneto Equipment Inc. (USA)

Cardone Industries, Inc. (USA)

Denso Corporation (Japan)

DOGA S.A (Spain)

Federal-Mogul Corporation (USA)

HELLA GmbH & Co. KGaA (Germany)

Hepworth and Company Limited (UK)

Johnson Electric (Hong Kong)

Magneti Marelli S.p.A (Italy)

Mitsuba Corporation (Japan)

PMP Auto Components Pvt. Ltd. (India)

Robert Bosch GmbH (Germany)

Saver Automotive Products, Inc. (USA)

Screen Wiper Solutions (New Zealand)

Syndicate Wiper Systems (P) Ltd. (India)

The Matador Company Ltd. (UK)

Trico Products Corporation (USA)

Valeo S.A. (France)

WEXCO Industries Inc. (USA)

3. MARKET TRENDS & DRIVERS

A Review of Major Trends & Drivers

As New Car Sales Decline in Developed Markets & the Global Passenger Car Industry Heads Towards a Plateau, Tier 1 Auto Component Suppliers to the OEM Market Begin to Feel the Heat

Flat to Stagnant Growth in New Car Sales Drives Auto Parts Suppliers to Focus on Opportunities Offered by the Aftermarket

Heavy Duty Usage Drives Replacement Demand for Wipers in Commercial Vehicles

Rise in the Number of Automotive Accidents Fuels the Emphasis on Developing Advanced Wiper Systems & Highlights the Importance of Regular Replacements

Demand for Smarter Auto Components Fuels the Use of Sensors in Wiper System Assembly

Continuous Technology Innovation in a Seemingly Unremarkable Auto Component Benefits Market Growth

Wiper Motor Kinetics Takes the Center Stage of Innovation

Quieter Operation Gains Research Preeminence

New Materials Make Headway in the Competitive Battle to Enhance Durability of Wiper Systems

Salient Features of Leading Windshield Wiper Blade Brands

Integrated Wiper & Washer Systems Grow in Popularity

New Reversible Dual Windshield Wipers Make Replacement of Wiper Blades Easy & Cost Effective

Expanding Middle Class Population in Developing Countries to Boost Demand for High-End Intelligent and Integrated Wiper Systems

Stringent Regulations Influence Design Ideas of Windscreen Wiper Systems

Vehicle Production Gains in China to Drive Growth in the Asian Market

Wiper System Manufacturing Shifts to Asia

Rising Preference for Small Cars and Hatchbacks Spurs Demand for Rear Window Wiper Systems

Headlight Wipers for Better Lighting Luminosity

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Wiper Systems Market Share (in %) by Company: 2018 & 2025

Market Analytics

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Wiper Systems Market: Competitor Market Share Scenario (in %) for 2018 & 2025

Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 37

Note: Product cover images may vary from those shown
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  • Albany Magneto Equipment Inc. (USA)
  • Cardone Industries, Inc. (USA)
  • DOGA S.A (Spain)
  • Denso Corporation (Japan)
  • Federal-Mogul Corporation (USA)
  • HELLA GmbH & Co. KGaA (Germany)
  • Hepworth and Company Limited (UK)
  • Johnson Electric (Hong Kong)
  • Magneti Marelli S.p.A (Italy)
  • Mitsuba Corporation (Japan)
  • PMP Auto Components Pvt. Ltd. (India)
  • Robert Bosch GmbH (Germany)
  • Saver Automotive Products, Inc. (USA)
  • Screen Wiper Solutions (New Zealand)
  • Syndicate Wiper Systems (P) Ltd. (India)
  • The Matador Company Ltd. (UK)
  • Trico Products Corporation (USA)
  • Valeo S.A. (France)
  • WEXCO Industries Inc. (USA)
Note: Product cover images may vary from those shown
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