Automotive Wiper Market Overview:
The Automotive Wiper Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Automotive Wiper Market, as well as the causes for variances in the industry’s growth in different regions.
The Automotive Wiper Market is expected to reach US$ 6.44 Bn by 2029, at a CAGR of 4.8% during the forecast period.
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Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research were conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
Segmentation:
The global automotive wiper market is segmented by vehicle type, by application, by blade type, and by geography. Based on Vehicle type, the market is further sub segmented into passenger cars and commercial vehicles. The segment Application, is classified as windshield wipers, headlight wipers, and rear wipers. The segment Blade type is categorized into traditional bracket blades, low-profile beam blades, and hybrid blades. The beam blade segment dominate a major share of the global automotive wiper market by the end of the forecast period. Increasing disposable income due to which rising consumer affordability and demand for newer efficient technology is accelerating the demand for beam blade wipers.
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Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
• The biggest players in the Automotive Wiper Market are as follows:
• AM Equipment
• B. Hepworth and Company Limited
• Denso Corporation
• DOGA S.A.
• Federal-Mogul Motorparts LLC.
• HELLA GmbH & Co. KGaA
• Magneti Marelli S.p.A.
• Mitsuba Corp.
• Nippon Wiper Blade Co., Ltd.
• Pilot Automotive
• Robert Bosch AG
• TEX Automotive Ltd.
• Valeo
• Robert Bosch (Australia) Pty Ltd
• The Goodyear Tire & Rubber Company
• TEX Automotive Ltd
• Pilot Automotive
• B. Hepworth and Company Limited
• TRICO, Canadian Tire Corporation Limited
• RONA
• Saver Automotive Products, Inc
Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Automotive Wiper Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Automotive Wiper Market:
End-user industries where Automotive Wiper Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Automotive Wiper Market manufacturers, influencing the development of the Automotive Wiper Market in 2020. End-user business demand for Automotive Wiper Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the Automotive Wiper Market Report are:
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In 2021, which segment held the highest proportion of the Automotive Wiper Market?
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What is the Automotive Wiper Market’s competitive landscape?
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What are the primary drivers assisting the Automotive Wiper Market growth?
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Which region has the most market share in the Automotive Wiper Market?
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What will be the Automotive Wiper Market’s CAGR throughout the projected period?
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