FMI Study States Global Automotive Wiper Blades Market Size Expected to Reach USD 8,788.3 Million by 2033, Growing at 5.9% CAGR

Automotive Wiper Blades Market

The global automotive wiper blades market is projected to reach a valuation of USD 4,953.9 million in 2023 and is expected to grow to USD 8,788.3 million by 2033, with a significant CAGR of 5.9% during the forecast period.

Automotive wiper blades play a critical role in ensuring driver visibility, especially during challenging weather conditions. These essential components are designed to remove rain, snow, dirt, and debris from windshields, enhancing safety and driving comfort. The market for automotive wiper blades includes the production, distribution, and sales of wiper blades for a variety of vehicles, including passenger cars, commercial vehicles, and motorcycles.

Steady growth in the market is primarily driven by increasing global vehicle production and rising demand for passenger cars. As more vehicles are manufactured and sold, the demand for replacement wiper blades grows in parallel. Additionally, stringent road safety and visibility regulations have further fueled market expansion, as automakers strive to meet these standards.

A notable trend in the market is the growing adoption of advanced features, such as rain-sensing wipers and heated wiper blades. Rain-sensing wipers automatically activate when they detect moisture on the windshield, providing added convenience for drivers. Heated wiper blades prevent ice and snow buildup, ensuring efficient performance even in extreme weather. These innovations are gaining popularity among vehicle owners, contributing to overall market growth.

Among product types, beam wiper blades are the top sellers globally, with an expected CAGR of 6.7% during the forecast period. Drivers favor beam blades due to their curved shape, multiple pressure points, streamlined design, and compatibility with various vehicle types.

The market for rear wiper blades is also growing rapidly, with a projected CAGR of 7.0%, driven by the increased production of vehicles equipped with rear wipers. The inclusion of rear wipers as standard features in hatchbacks and small SUVs, coupled with heightened safety concerns, is boosting demand for these blades.

Key Takeaways from Report:

  • Passenger cars generate the majority of global market demand, with the segment expected to surpass USD 2.7 billion in valuation by 2033. The rising production and sales of passenger vehicles, particularly compact cars, are key drivers of this demand.
  • In North America, the United States stands out as a significant market for automotive wiper blades, holding around 17.9% of the market share in 2022. Growth in the U.S. market is fueled by increased vehicle production, advancements in wiper technology, and the popularity of SUVs.
  • China’s automotive wiper blades market is expected to thrive at a CAGR of 6.1%, creating incremental opportunities worth USD 1.1 billion by 2033. The country’s booming automotive industry, availability of affordable wiper blades, and a large number of automotive parts manufacturers are driving this growth.
  • Germany’s automotive wiper blades market is projected to grow at a moderate CAGR of 5.4%. The country’s strong automotive industry, engineering expertise, and reputation for innovation in wiper systems are key factors contributing to market expansion.

Key Companies Profiled:

  • 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

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

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • The Middle East & Africa (MEA)

Access Report Details for More In-Depth Information!

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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
LinkedInTwitterBlogs | YouTube

About the 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.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these