Demand For Automotive Wipers Is Growing Significantly Due To Increasing Production And Sales Rate Of Passenger Vehicles

Market Snapshot
Newly released data from Fact.MR states that global sales of automotive wipers will surpass US$ 4.1 Bn by the end of 2021. As per the report, the market is expected to reach US$ 6.4 Bn by the end of the 2021-2031 forecast period, recording a CAGR worth 4.5%. Passenger cars are likely to remain key shareholders, generating 45% revenue throughout the assessment period.

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Key Points Covered in Automotive Wiper Industry Analysis
Market estimates and forecast 2016-2031
Key drivers and restraints impacting market growth
Segment-wise, Country-wise, and Region-wise Analysis
Competition Mapping and Benchmarking
Market Share Analysis
Key Product Innovations and Regulatory Climate
COVID-19 Impact on Automotive Wiper Industry and How to Navigate
Recommendation on Key Winning Strategies

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Key Segments Covered
Arm Type
Synchronized Radial Arm Automotive Wipers
Pantograph Arm Automotive Wipers
Blade Type
Traditional Bracket Blades
Low-Profile Beam Blades
Hybrid Blades
Vehicle Category
Passenger Car Wipers
LCV Wipers
HCV Wipers
Application
Windshield Wipers
Rear Wipers
Headlight Wipers
Sales Channel
Automotive Wiper Sales through OEMs
Automotive Wiper Sales through Aftermarkets

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Competitive Landscape
Prominent automotive wiper manufacturers emphasize on such key growth strategies as introducing new product lines into the market, collaborating with existing multinational, large-scale and small-scale manufacturers as well as acquiring certain market players. Key developments in this regard are as follows:

In July 2020, Robert Bosch introduced its Bosch Aerotwin windshield wiper series, comprising of an advanced rubber wiper profile. This wiping system deploys the Power Protection Plus (PPP) wiper rubber which offers less abrasion and war due to a special admixture in the blade
Likewise, in March 2020, Valeo launched a new wiper set in India. The wiper blades are equipped with a design such that it increases wiping durability and ensures optimized cleaning at reduced noise levels. These wiper sets are commissioned to be built within the country itself, at its Vallam plant in Chennai
In April 2021, Denso Corporation announced its transfer of ownership to Higashi Hiroshima Plant to subsidiary DENSO Kyushu. The transfer of ownership focuses on increasing collaboration and strengthening engineering capabilities.
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How are Low-Profile Beam Blades Automotive Wipers Becoming Popular?
Companies operating in the automotive wiper market are leveraging technology to rethink wiper blades designs. Conventional blades tend to be straighter as compared to the beam blade wipers. As a result, the extra curvature increases the ability to apply more pressure to get a clear sight of the line.

Besides this, the beam blades have a relatively low maintenance cost as compared to the conventional wiper blades, as they have fewer moving parts. In addition, the beam blades are lighter and smaller in size. As a result, they do not obstruct the sight for drivers. Fact.MR expects beam blade wipers to surge at a CAGR of 4.5% until 2031.

For More Insights- https://www.einpresswire.com/article/556592626/tier-3-players-accounting-for-nearly-80-revenue-share-in-creative-production-marketing-resource-management-space

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This release was published on openPR.