Press release
Global Wiper Blade Market to grow at a High CAGR during Forecast Period 2025, According to Latest Research Study
In terms of production side, this report researches the Wiper Blade 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 Wiper Blade by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Wiper Blade 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 Wiper Blade mainly consists of a pivot socket, two end ferrules, a spring steel sheet and a rubber strip. The spring sheet steel in Wiper Blade dispersive pressure to the whole and make all parts of the Wiper Blade bear averaged force, removing the rain mark and scratch on the windscreen. The Wiper Blade 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.
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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 77.59% market share in the wiper blade market in 2017.
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.
In order to feed the changing technical requirements, wiper blade manufacturers need to pay attention to the technical innovation. In future, high performance and high durability will be the technology trends of wiper blade.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Despite the presence of competition problems, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.
The Wiper Blade market was valued at 3320 Million US$ in 2017 and is projected to reach 3630 Million US$ by 2025, at a CAGR of 1.1% 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 Wiper Blade.
This report includes the following manufacturers; we can also add the other companies as you want.
Valeo
Bosch
Federal-Mogul
Denso
Trico
Mitsuba
HELLA
ITW
DOGA
CAP
ICHIKOH
KCW
Lukasi
AIDO
Guoyu
METO
Sandolly
Market Segment by Product Type
Boneless Wiper Blade
Bone Wiper Blade
Hybrid Wiper Blade
Market Segment by Application
OEM Market
Aftermarket
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