The automotive wiper blades market growth is projected to be valued at US$ 4,953.9 million in 2023 and is expected to rise to US$ 8,788.3 million by 2033. The sales of automotive wiper blades are expected to register a significant CAGR of 5.9% during the forecast period.
Automotive wiper blades are crucial in ensuring clear visibility for drivers, especially during adverse weather conditions. These essential components are designed to remove rain, snow, dirt, and debris from the windshield, enhancing safety and driving comfort. The automotive wiper blades industry encompasses the production, distribution, and sales of wiper blades for various vehicles, including passenger cars, commercial vehicles, and motorcycles.
Gain expert insights and supercharge your growth strategies. Request our market overview sample:
https://www.futuremarketinsights.com/reports/sample/rep-gb-15496
The market has experienced steady growth over the years, primarily driven by the increasing global vehicle production and the growing demand for passenger cars. As more vehicles are manufactured and sold, there is a parallel need for replacement wiper blades, leading to a surge in the market’s demand. Additionally, regulations regarding road safety and visibility standards have also contributed to the market’s growth as vehicle manufacturers strive to comply with these requirements.
Another significant trend in the market is the increasing adoption of advanced features, such as rain-sensing wipers and heated wiper blades. Rain-sensing wipers automatically activate when raindrops are detected on the windshield, enhancing convenience for the driver. Heated wiper blades help prevent ice and snow buildup on the blades, ensuring efficient and uninterrupted wiping even in extreme weather conditions. These advanced features have gained popularity among vehicle owners, contributing to the market’s growth.
Beam wiper blades are the top-selling product type in the global market. Their sales are expected to record a CAGR of 6.7% during the forecast period. Drivers prefer beam wiper blades due to their curved shape, infinite pressure points, streamlined design, reduced size, and compatibility with various vehicle types.
The market for rear wiper blades is expanding rapidly, with a projected CAGR of 7.0%. This growth is driven by the increasing production of vehicles equipped with rear wipers. Safety concerns and the inclusion of rear wipers as standard features in hatchbacks and small SUVs contribute to the demand for rear wiper blades.
Get Your Report Customize, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-15496
Passenger cars generate the majority of global market demand. The passenger cars segment is expected to reach a valuation of over US$ 2.7 billion by 2033. Rising production and sales of passenger vehicles, particularly compact cars, drive the demand for wiper blades.
The United States is an attractive market for automotive wiper blades in North America. It held around 17.9% of the market share in 2022. The growth in the United States market is fueled by increased vehicle production, technological advancements in wiper systems, and the popularity of SUVs.
China’s automotive wiper blades market is projected to thrive at a CAGR of 6.1%, creating incremental opportunities of US$ 1.1 billion by 2033. The booming automotive industry, the availability of affordable wiper blades, and numerous automotive parts manufacturers drive market growth.
Germany’s automotive wiper blades market is expected to register a moderate CAGR of 5.4%. Germany’s strong motor industry, engineering skills, and reputation for innovation in wiper systems drive market growth.
Key Companies Profiled In Automotive Wiper Blades Market
- Denso Corporation
- Valeo SA
- TRICO Products Corp.
- Robert Bosch GmbH
- Continental AG
- HEYNER GmbH
- Doga SA
- ITW
- Hella KGaA Hueck & Co.
- Tokai Riki Co. Ltd.
- Xiong Shun Automobile Material Co. Ltd.
- Pilot Automotive
- Fu-Gang Co. Ltd.
- PSV Wipers Limited
- ACDelco
- Cap Co. Ltd. (CAPCO)
- WEXCO Industries Inc.
- Tex Automotive Ltd
- Syndicate Wiper Systems (P) Ltd.
- Michelin Group
- Korea Wiper Blade
- KB Wiper Systems
Ask an Analyst:
https://www.futuremarketinsights.com/ask-question/rep-gb-15496
Recent Development
- Nippon Wiper Blade and Asahi Manufacturing Co. Ltd, both subsidiaries of DENSO Corporation, merged in July 2019 to form DENSO Wiper Systems, Inc. This well-known brand steps forward to provide safer and more dependable wiper systems.
- Robert Bosch GmbH created a new smartphone app to look for matching wiper blades in June 2017. The app is compatible with iOS and Android smartphones. This software is available in over 15 languages and includes online and offline search capabilities.
Key Segments Covered in the Automotive Wiper Blades Industry Report
By Wiper Blades Type:
- Soft Top
- Hard Top
By Material:
- Foam-backed Cloth
- Cotton-napped Cloth
- Synthetic Cloth
- Perforated Cloth
By Vehicle Type:
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Sales Channel:
- Hard Top
- Soft Top
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- The Middle East & Africa (MEA)
Author
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
