According to a research report published by Spherical Insights & Consulting, the Global Automotive Wiper Component Aftermarket Market Size Expected to Grow from USD 5.40 Billion in 2023 to USD 7.69 Billion by 2033, at a CAGR of 3.60% during the forecast period 2023-2033.

Get a Sample PDF Brochure:https://www.sphericalinsights.com/request-sample/6862

A wiper is the key part of the vehicle, which is designed to clear rain, snow, and debris from the windscreen to ensure visibility and safety while driving. A windshield wiper system is made up of a wiper arm, wiper blade, wiper motor, and switch. These elements motivate producers to maintain quality, innovate, and maximize output. Automotive wiper components are molded by some factors, including weather, technology, consumer expectations, vehicle design changes, environmental concerns, and cost-effectiveness. Modern features such as rain sensors, speed adjustment, and integration for headlight wash, give an aesthetical view. However, the requirement for wiper component choices can be hampered by consumer preferences such as original equipment manufacturer (OEM) parts and the availability of less expensive alternatives having the significance of maintenance.

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Automotive Wiper Component Aftermarket Market Size, Share, and COVID-19 Impact Analysis, By Component (Wiper Blades, Wiper Motors, Rain Sensors), By Vehicle (Passenger Vehicles, Commercial Vehicles), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

Buy Now Full Report:https://www.sphericalinsights.com/checkout/6862

The wiper blades segment is anticipated to hold the largest share of the global automotive wiper component aftermarket market during the projected period.

On the basis of component, the automotive wiper component aftermarket market is divided into wiper blades, wiper motors, and rain sensors. Among these, the wiper blades segment is anticipated to hold the largest share of the global automotive wiper component aftermarket market during the projected period. The segment’s dominance contributes to the need for wiper blade substitutes which is driven by wear and tear from regular use, as well as the focus on safety and visibility in poor weather conditions.  So, this segment has sustained momentum.

The passenger vehicles segment is expected to hold the largest share of the global automotive wiper aftermarket market during the forecast period.

Based on the vehicle, the automotive wiper component aftermarket market is categorized into passenger vehicles and commercial vehicles. Among these, the passenger vehicles segment is expected to hold the largest share of the global automotive wiper aftermarket market during the forecast period. The increased number of passenger cars on the road and rising consumer awareness of vehicle safety and maintenance are the key reasons for the passenger vehicle segment’s importance. The passenger vehicle market is predicted to continue to see a need for replacement wiper parts, especially wiper blades, while individuals spend on the regular upkeep of their cars.

Inquire Before Buying This Research Report:https://www.sphericalinsights.com/inquiry-before-buying/6862

Asia Pacific is anticipated to hold the largest share of the global automotive wiper component aftermarket market during the forecast period.

The strong automotive manufacturing industry in the area, expanding car ownership, and growing consumer awareness of vehicle maintenance are a few of the reasons driving the region’s dominance. Countries like China and India, with their rising disposable incomes and higher priority on road safety, are major contributors.

North America is anticipated to grow at the fastest CAGR in the global automotive wiper component aftermarket market throughout the forecast period. A robust automobile industry, high rates of vehicle ownership, and a growing focus on vehicle safety and maintenance are a few of the catalysts for the quick growth. Furthermore, rising awareness of the need for frequent wiper replacement, propelled by extreme weather conditions in some places, leads to higher needs.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global automotive wiper component aftermarket market are AM Equipment, B. Hepworth and Company Limited, Denso Corporation, DOGA S.A., Federal-Mogul Motorparts LLC., HELLA GmbH & Co. KGaA, ITW Global Brands, Magneti Marelli S.p.A., Mitsuba Corp., Nippon Wiper Blade Co., Ltd., Pilot Automotive, Robert Bosch AG, TEX Automotive Ltd., and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In January 2024, Bosch launched the NextGen Wiper System. This system features advanced rain sensors and aerodynamic wiper blades designed to provide superior visibility and performance in various weather conditions. The new wiper system also includes a heated blade option to prevent ice and snow buildup in colder climates.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the automotive wiper component aftermarket market based on the below-mentioned segments:

Global Automotive Wiper Component Aftermarket Market, By Component

• Wiper Blades
• Wiper Motors
• Rain Sensors

Global Automotive Wiper Component Aftermarket Market, By Vehicle

• Passenger Vehicles
• Commercial Vehicles

Global Automotive Wiper Component Aftermarket Market, By Regional 

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific

Browse Related Reports:

Global Recumbent Bicycle Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Recumbent Two-Wheeled Bicycles, Recumbent Trikes, Others), By Frame Material (Aluminum, Steel, Carbon Fiber), By End-User (Recreational Riders, Fitness Enthusiasts, Commuters), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

Global Auto Repair Tools Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Hand Tools, Power Tools), By Vehicle Type (Passenger Cars, Commercial Vehicles, Two-Wheelers), By Distribution Channel (Online Sales, Offline Sales), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

Global Underwater Bikes Market Size, Share, and COVID-19 Impact Analysis, By Type of Underwater Bikes (Personal Underwater Bikes, Commercial Underwater Bikes, Recreational Underwater Bikes, Utility Underwater Bikes), By Application (Recreational Use, Scientific Research, Search & Rescue Operations, Underwater Tourism), By End-User (Individuals, Tour Operators, Educational Institutions, Government & Military), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

Global Truck Camper Market Size, Share, and COVID-19 Impact Analysis, By Type (Hard-Side Truck Campers, Pop-Up Truck Campers, Others), By End-User (Commercial, Residential, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

CONTACT US:

For More Information on Your Target Market, Please Contact Us Below:    

Phone: +1 303 800 4326 (the U.S.)

Phone: +91 90289 24100 (APAC)

Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com

Contact Us: https://www.sphericalinsights.com/contact-us

Follow Us: LinkedIn | Facebook | Twitter