Windscreen Wiper Motors Market was valued at USD $3973.57 Million in 2022 and is expected to reach at a CAGR of 52.3% from 2022 to 2028.
Windscreen Wiper Motors Market Overview
Windscreen Wiper Motors Market is an electromechanical component of the vehicle that is used for the proper movement of the wiper system. The wiper is used to clear water, dust, ice, and smudges on the windshield. It is the most common and widely used accessory in the automotive industry.. The windshield wiper motor generates a rotational output, which is converted into a reciprocating motion with the help of linkages in order to operate the windshield wiper blades.A wiper motor is a critical component utilized for the propulsion of a wiper system in the automobile. The wiper motor stimulates the linkage which moves the wiper arms back and forth, and with vehicles having a rear window wiper, a separate wiper motor is utilized. Different sized windscreen systems of automobiles are needed for differently designed windscreen wiper systems.Major factors that are expected to boost the growth of the wiper motor aftermarket market in the forecast period are the constant increase in the vehicle sales, the growing of the average age limit of the vehicles and the growing demand for automotive around the world.
Recent Developments
VALEO LAUNCHES NEW RANGE FOR WIPER MOTORS- Valeo, the wiper systems specialist, announces the new range launch of its wiper systems portfolio for the aftermarket. This launch of 18 original equipment front and rear wiper motor references now offers coverage for 3.3 million vehicles currently on the road today.
CVG INTRODUCES ALL-MAKES TRUCK REPLACEMENT WIPER MOTORS FROM SPRAGUE DEVICES®- Commercial Vehicle Group, Inc. a leading supplier of fully integrated system solutions for the global commercial vehicle market, is pleased to announce that its Sprague Devices® brand is introducing a new line of all-makes wiper motors to the Class 6-8 truck aftermarket
What are the major Applications, Types, and Regions of Windscreen Wiper Motors Market?
Windscreen Wiper Motors Market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
- OEMS
- Aftermarket
- Passenger car
- HCV
- LCV
- Stepper Motors
- Brush and Brushless DC Motors
By Applications, it is segmented into
- Passenger Vehicle
- Commercial Vehicle
- Others
Windscreen Wiper Motors Market Regional Analysis
Asia Pacific dominates the wiper motor aftermarket market because of the increasing alertness about vehicle safety. Furthermore, the growing rate of development in the automotive industry and the amplified customer’s concern for safety while driving in hostile conditions will further boost the growth of the wiper motor aftermarket market in the region during the forecast period.Europe is expected to observe significant amount of growth in the wiper motor market because of the probable upsurge in the vehicle sales in the coming years. Moreover, the need for regular maintenance which widens the target audience I further anticipated to propel the growth of the wiper motor aftermarket market in the region. All these factors greatly affect the Windscreen Wiper Motors market growth. It further aims at offering a complete overview on a detailed assessment of important features of different industries including sales volume, market revenue, demand size, sales growth, pricing analysis, and changing market growth factors in regions such as Follows,
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Windscreen Wiper Motors Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Windscreen Wiper Motors Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Windscreen Wiper Motors Market report scope?
Report Attributes
|
Report Details
|
Forecast Period 2022 to 2028 CAGR
|
CAGR of 52.3% during the review period (2022 to 2027).
|
By Type
|
- OEMS
- Aftermarket
- Passenger car
- HCV
- LCV
- Stepper Motors
- Brush and Brushless DC Motors
- Others
|
By Application
|
- Passenger Vehicle
- Commercial Vehicle
- Others
|
By Companies
|
Valeo, Bosch, Denso, Mitsuba, DY Corporation, Trico, DOGA, Lucas TVS, Cardone Industries, WAI Global, OSLV Italia
|
Regions Covered
|
- North America
- Europe
- Asia-Pacific
- Rest of the World
|
Countries Covered
|
- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
|
Base Year
|
2022
|
Historical Year
|
2017 to 2021
|
Forecast Year
|
2022 to 2027
|
Number of Pages
|
161
|
Customization Available
|
Yes, the report can be customized as per your needs
|
Key Takeaways from this Windscreen Wiper Motors Report
- Evaluate Windscreen Wiper Motor's market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at the country level - for product types, end-use applications, and by different industries verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.
- Get in-depth insights on your competitor's performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive into the value augmentation at each, in order to optimize value and bring efficiencies to your processes.
- Get a quick outlook on the Windscreen Wiper Motors market entropy - M&As, deals, partnerships, and product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Windscreen Wiper Motors Market is studied from 2017 - 2027.
What is the growth rate of Windscreen Wiper Motors Market?
The Windscreen Wiper Motors Market is growing at a CAGR of 52.3% over the next 5 years.
What regions does this Windscreen Wiper Motors Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.