Increasing Adoption of Rear Wiper Systems & Opportunities in the Commercial Vehicle Segment

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Wiper Motor Aftermarket by Vehicle Type
(Passenger Cars, Commercial Vehicles), and
Region (Europe, North America, Asia-Pacific
RoW) - Global Forecast to 2021
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Adverse weather conditions like heavy snowfall
and rainfall depending upon the countrys
climatic conditions determine the usage of wiper
system for a vehicle. The countries with higher
rainfall or snowfall will have vehicles using
their wiper systems on a regular basis. The
regular use of wiper systems will lead to wear
and tear over a period of time, thus leading to
the possibility of the wiper motor needing to be
replaced. Average vehicle age is another
prominent factor which affects the wiper motor
aftermarket. These older vehicles require
replacement of parts and components due to their
prolonged use. Thus the presence of numerous
older vehicles will drive wiper motor
aftermarket. PDF Brochure
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Passenger Cars Fastest-Growing Vehicle
Segment The passenger cars segment of the wiper
motor aftermarket is estimated to register the
highest CAGR during the forecast period. This
growth is driven by the need for clear
visibility, in adverse weather conditions. The
wiper motor must be in working condition at all
times to maintain a clear view during adverse
conditions. This condition is driving the demand
for routine maintenance of parts. This would
likely boost the passenger car wiper motor
aftermarket. Request for Customization
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zation.asp?id178759013
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The wiper motor aftermarket is projected to grow
from USD 2.31 billion in 2016 to USD 2.65 billion
by 2021, at a CAGR of 2.78 during the forecast
period. The wiper motor aftermarket is primarily
driven by two important factors, one is the usage
of wiper system, and the other is the increasing
number of vehicles on road. The wiper motor is a
critical component that drives the wiper system.
The vehicles would use wiper system on a regular
basis if subjected to adverse conditions such as
rainfall or snowfall. The weather conditions in a
country will determine the usage pattern for the
wiper system. Thus wiper system usage will drive
the wiper motor aftermarket. Request
Sample _at_ https//www.marketsandmarkets.com/request
sample.asp?id178759013
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Europe Largest Regional Segment The wiper motor
aftermarket has been segmented into Europe, North
America, Asia-Pacific, and Rest of the World
(RoW). Europe is estimated to lead the wiper
motor aftermarket. According to Organisation
Internationale des Constructeurs d Automobiles
(OICA), European vehicles sales were
approximately 19 million units in 2015an
increase of 2.4 from 2014. The increase in
vehicle sales will create potential aftermarket
in the near future. The average age of the
vehicle fleet in Europe is approximately 8-9
years, because the owners held on their vehicle
for longer duration. Approximately 55-60 of
passenger cars in Europe are older than 5 years,
these vehicle are subjected to adverse condition
and need regular maintenance. The need for
regular maintenance widens the target aftermarket
which acts as driver for the wiper motor
aftermarket. The report studies various globally
established wiper motor manufacturers. Major
market players include Valeo S.A. (France),
Robert Bosch GmbH (Germany), Magneti Marelli
(Italy), DOGA Automotive (Spain), and WAI Global
(U.S.A.). Speak to analyst _at_ https//www.marketsa
ndmarkets.com/speaktoanalyst.asp?id178759013
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Market Ecosystem The wiper motor aftermarket
eco-system comprises established global wiper
motor manufacturers. Major manufacturers include
Valeo S.A. (France), Robert Bosch GmbH (Germany),
Magneti Marelli (Italy), DOGA Automotive (Spain)
and WAI Global (U.S.A.).  The eco-system also
includes regional automotive associations such as
Society of Indian Automotive Manufacturers
(SIAM), Japan Automotive Manufacturers
Association (JAMA), European Automobile
Manufacturers Association (ECEA) and the
Independent Automotive Aftermarket
Federation. Buy Now https//www.marketsandmar
kets.com/Purchase/purchase_report1.asp?id17875901
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Browse gtgt 68 market data
tables 34 figures
98 pages and in-depth TOC  Wiper Motor
Aftermarket by Vehicle Type (Passenger Cars,
Commercial Vehicles), and Region (Europe, North
America, Asia-Pacific RoW) - Global Forecast to
2021 Early buyers will receive 10
customization on this report. This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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