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Windshield Wiper Market Is Presumed To Reach 3220 Million USD by The End of 2025 - QYResearch

10-03-2018 01:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research, Inc. 

Windshield Wiper Market Is Presumed To Reach 3220 Million USD

This study focuses on the production side and consumption side of Windshield Wiper, presents the global Windshield Wiper market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Windshield Wiper capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this report focuses on the consumption of Windshield Wiper by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Windshield Wiper is a device used to keep the window clean, moving back and forth across the windshield countless times as they sweep the water away. A Windshield Wiper mainly consists of a pivot socket, two end ferrules, a spring steel sheet and a rubber strip. The spring sheet steel in Windshield Wiper dispersive pressure to the whole and make all parts of the Windshield Wiper bear averaged force, removing the rain mark and scratch on the windscreen. The Windshield Wiper can last longer, coupled with uniform force, anti-sun, simple structure and lighter weight features.

Demand from the downstream brings a power to the development of wiper blade industry. USA and Europe are the major market of wiper blade. In recent years, growing China market became an important market of wiper blade. Viewed from the supply side, there are many manufacturers in the wiper blade industry, while from the demand side, the current demand for wiper blade is growing. At present, there are a mass of manufacturers in the market. Major manufacturers in the market are Bosch, Valeo, Federal-Mogu, Denso and Trico. These five companies occupied about 74.05% market share in the wiper blade market in 2016.

As downstream demand grows and technical barriers become less, there will be a huge market space for wiper blade. To grab more market, the little companies have to expand the technology, capital investment and brand influence. To meet the challenge of little companies and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. In the future, wiper blade market will still be a market of fierce competition. The Windshield Wiper market was valued at 3000 Million US$ in 2017 and is projected to reach 3220 Million US$ by 2025, at a CAGR of 0.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Windshield Wiper.

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This report includes the following manufacturers; we can also add the other companies as you want.

Bosch

Valeo

Federal-Mogul

Denso

Trico

Mitsuba

Gates

HELLA

ITW

DOGA

Market Segment by Product Type

Bone Wiper

Boneless Wiper

Market Segment by Application

OEMs Market

Aftermarket

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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