openPR Logo
Press release

Wiper System Market Expected to Reach US$ 58.23 Bn, Globally, by 2026

08-27-2018 11:24 PM CET | Industry, Real Estate & Construction

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Wiper System Market Expected to Reach US$ 58.23 Bn, Globally,

The wiper system of a vehicle is an integral system, as it greatly influences the visibility and affects safety of both the passengers and the vehicle. The wiper system is mandatory in passenger and commercial vehicles. Rise in the production of vehicles due to increase in the disposable income is fostering the growth of wiper systems.

Rising consumer preference for SUVs, hatchbacks, and crossovers has expanded the application of wipers on the rear windshield. In 2017, SUVs and crossovers accounted for 42% of all vehicle sales in the U.S. In Europe, SUV’s accounted for 26% of all vehicle sales. Thus, rise in the demand for SUVs is anticipated to propel the demand for wiper systems.

As the windshields of SUVs and crossovers have steep inclination, the air vortex is not capable to cleanse the rear windshield, as is the case of sedans and hence, they require rear wipers. Increasing utilization of rear wipers and rear motors is driving the wiper system market.

Preview Report @ https://www.transparencymarketresearch.com/wiper-system-market.html

Demand for luxury and better ride quality has propelled the usage of rain sensing wiper systems. Rain sensing wipers eliminate human interference by detecting rain/ snow and switching on automatically. The rain sensing wiper system also improves vehicle safety, as it minimizes distraction for the driver.

The beam blade wiper system has no metal frame and fewer linkages, thus offering effective cleaning. The beam blade has maximum contact with the windshield, and its design makes it possible to offer optimum surface contact even on a curved windshield. The passenger vehicles are the biggest market for the beam blade wiper system. Development of technology is estimated to boost the penetration of the beam blade wiper system penetrate in the commercial vehicle segment.

Rising demand and technological developments have led to advanced technologies such as dual motor wipers or direct drive system. The usage of two individual motor for each wiper arm permits non-requirement of the wiper linkage, thus saving more space and reducing the weight of the system. Reduction in weight of the wiper system is an emerging trend in order to comply with the rising government mandates on pollution.

Get PDF Sample of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=42554

The analysis of the global wiper system market is conducted by segmenting on the basis of technology, wiper blade, component, vehicle, and region. Based on technology, the wiper system market can be classified into two segments. The rain sensing technology segment is estimated to witness significant expansion. The rain sensing technology segment accounts for a major share of the market in Europe and North America. High disposable income and demand for luxury and premium vehicles are major factors driving the rain sensing technology segment of the market in Europe & North America.

In terms of wiper blade type, the wiper system market can be segregated into three segments. The beam blade segment holds a leading share of the wiper blade system market owing to its maximum contact points, aerodynamic design, and superior aesthetic appearance. The beam blade wiper system is still at its nascent stage in the commercial vehicle segment and thus, offers a wide array of opportunity.

Based on component, the market can be classified into three segments. The wiper motor and rain sensors display prominent market expansion scope. The dual motor technology is at the introductory phase, the development of the system is estimated to rise the market demand and significantly raise the demand for wiper motors, as the front wipers are expected to utilize two motors against one. Rise in demand of rear wipers is also likely to boost the wiper motor segment as the rear wiper requires a separate motor.

Download TOC@ https://www.transparencymarketresearch.com/report-toc/42554

In terms of vehicle, the passenger vehicle segment accounts for a prominent share of the global wiper system owing to its higher rate of production. The commercial vehicle segment of the market in developing regions such as Asia Pacific and Latin America, due in transport and logistics and thus appreciate the global wiper system.

By aftermarket components, the market can be segregated into three segments. In terms of volume, windshield wiper and wiper motor segments held a prominent share of the wiper system market. Replacement of windshield wiper is required every six to 12 months, thus creating strong aftermarket revenue. Windshield wipers, being a serviceable part, require constant replacement has higher aftermarket demand than the OEM. Expansion of dealership network in developing countries and the rise in awareness about vehicle servicing is estimated to drive the aftermarket demand of windshield wiper.

Based on region, the global wiper system industry can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The rain-sensing technology segment accounts for a prominent share of the market in Europe, followed by North America. Asia Pacific is a prominent manufacturer of wiper systems owing to the rise in production of vehicles in the region.

Tax discounts on manufacturing of small engine vehicles in China has led to the increase in production of compact vehicles segment, thus expanding the wiper system market. The free-trade agreement signed in 2017 between Japan and the European Union is expected to benefit the vehicle exports of Japan due to tariff reliefs.

Key players operating in the global wiper system market include Robert Bosch GmbH, DENSO Corporation, Valeo, Federal Mogul Motorparts LLC., HELLA GmbH & Co. KGaA, DOGA SA, Nippon Wiper Blade Co., Ltd., Pilot Automotive, Am Equipment, Mitsuba Corp., B. Hepworth and Company Limited, and Magneti Marelli S.p.A. In 2012, Valeo developed aqua blade for Mercedes Benz SL class, the wiper blade has integrated fluid channel to disperse the water directly on the windshield without using the conventional jets.

The ‘Magic Vision System’, as named by Mercedes, minimizes the blind time between the spraying of water and cleaning of wiper, thus maximizing safety and also reducing the amount of fluid used. This allows for a smaller washer tank and eliminates the wiper jets and connections to jets.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog: http://www.techyounme.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wiper System Market Expected to Reach US$ 58.23 Bn, Globally, by 2026 here

News-ID: 1204600 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Europe

Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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. The key players covered in this study McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This
Global Strategy Consulting Market Research Report 2018-2025 | Global Key Player …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Strategy Consulting Market Size, Status and Forecast 2018-2025” which provides an outlook for current market value as well as the expected growth of Strategy Consulting during 2018-2025. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export
Strategy Consulting Market Deep Insights with Core Business Strategies 2018 - Ro …
Strategy Consulting Market report provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consist of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). Global strategy consulting market size status and forecast 2025 has a vast collection of market research reports concerning the software industry, its sub-sectors, and
Wearable Heart Monitoring Devices Market 2018 To 2023 – Top Leaders Beurer Gmb …
The Worldwide Wearable Heart Monitoring Devices Market is growing at a healthy rate. The major players in this market are Medtronic (U.S.), Kinetec Products UK Ltd. (South America), Beurer GmbH (Europe), Medisana AG (Europe), Briggs Healthcare (U.S.), Polar Electro (Europe), SUUNTO (Europe), Koninklijke Philips N.V. (Europe), Garmin Ltd. (Europe) and others. The Wolrdwide Wearable Heart Monitoring devices is segmented on the basis of products, type, application, and end users. On
Surgical Equipment Market 2018 Leading Manufacturer in Europe, the Middle East & …
The Europe, the Middle East & Africa Surgical Equipment Market is expected to grow at an approximate CAGR of 6.7% during the forecast period. A surgical equipment is a designed tool or device to carry out various surgical procedures so as to modifying biological tissues and to provide access for viewing them. The surgical equipment can be designed specifically for a particular surgery or it can be used as general purpose