Automotive Wipers Market to Discern Steadfast Expansion During 2017 - 2025
This makes the wiper less effective by not allowing the rubber edges of the wiper to press against the glass. Therefore, such wiper blades need to be cleaned regularly under extreme cold conditions. Hingeless wiper blades on the other hand is made up of flexible plastic. As there is no metal frame, there is less surface for ice and snow to build up on. In addition, there are no hinges to limit the range of movement of the wiper. Hingeless wiper blades are premium blades, which are priced higher than standard hinged wiper blades. Winter wiper blades are similar to standard hinged wiper blades having a metal frame and a rubber edge but unlike standard hinged wiper blades, winter wiper blades has its entire frame encased in a rubber boot. This makes it difficult for the ice and snow to stagnate on the surface of wiper. Winter wiper blades are excellent for cold conditions but during the summer, the rubber boot can deteriorate quickly resulting in crack or tear.
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The automotive wipers market can be classified by type, by application, by vehicle type and by geography. The type segment can be classified into standard hinged wiper blades, hingeless wiper blades and winter wiper blades. By application, the market can be segregated as windshield wipers, headlight wipers and rear wipers. By vehicle type, the market can be categorized as passenger vehicles, light commercial vehicles and heavy commercial vehicles. By geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
In the automotive wipers market, Asia Pacific holds the largest market share in terms of revenue followed by Europe, North America, Latin America and, Middle East and Africa (MEA). In the Asia Pacific region, countries such as China and India has been witnessing heavy demand and production for passenger vehicles. This in turn is increasing the application of automotive wipers in passenger vehicles of above mentioned countries. The market in North America and Europe tends to be a bit saturated but the market is expected to remain stable during the forecast period. By the end of the forecast period, Middle East and Africa, and Latin America are expected to show significant growth, considering the growth in automotive sector and rising demand for passenger and commercial vehicles in the regions.
The report also provides company market share analysis of the various industry participants. Acquisition is the main strategy being widely followed by leading market players. In case of an acquisition, the acquirer takes advantage of existing synergies. As a result, both companies are expected to emerge more profitable and stronger than before. Key players in the global automotive wipers market have been profiled and their company overview, financial overview, business strategies and recent developments have been covered in the report. Major market participants profiled in this report include: Wexco Industries, Inc. (U.S.), PMP Auto Components Private Ltd. (India), TRICO (U.S.), Saver Automotive Products, Inc. (U.S.), Robert Bosch GmbH (Germany), Denso Corporation (Japan) and Federal Mogul Corporation (U.S.) among others.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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