Automotive Wiper Market registering a CAGR of 4.5% through the forecast period 2021-2031

Fact.MR anticipated the global sales of automotive wipers to surpass US$ 6.4 Bn, registering a CAGR of 4.5% through the forecast period 2021-2031. The need to switch to a better automotive wiper in used cars for better safety is likely to contribute to the growth of the market. By 2021, a valuation worth US$ 4.1 Bn is projected.

Historically, between 2016 and 2020, the sales of automotive wipers surged at a CAGR of 5%. The onset of COVID-19 affected the automotive industry on a large scale, with global output declining by 16% to less than 78 million vehicles, as per the International Organization of Motor Vehicle Manufacturers. However, the broadening scope of EVs sustained demand for automotive wipers, while eventual lifting of restrictions in the latter half further boosted prospects.

Innovation has been driving the growth of the automotive wiper market. Manufacturers are gradually shifting towards the production of automotive wipers with curvature to offer durable solutions to consumers. Given the frequent need to change the conventional automotive wipers, it is estimated that consumers will shift towards the beam blade and other innovative wipers for better sustainability and clear sight of line in their vehicles.

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Automotive Wiper  Market – Scope of Report:

A latest publication by Fact.MR on the global Automotive Wiper market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2019-2029.

Important indicators for the successful growth of the Automotive Wiper market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Automotive Wiper supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Pulse Oximeters, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

In-Depth Analysis on Competitive Landscape:

The report sheds light on the leading providers of Automotive Wiper along with their detailed profiles. Essential and up-to-date data information related to the market performers, who are principally engaged in the production of Blood Transfusion Diagnostics, has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permit the report readers to take preemptive steps in advancing their businesses.

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Report benefits & key questions answered

• Post covid consumer spending on Blood Transfusion Diagnostics: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Automotive Wiper demand outlook: the market intelligence study reports highlights the factor propelling the demand for Automotive Wiper. As per the study, the demand for Automotive Wiper will grow through 2029.
• Automotive Wiper historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2019-2029.
• Automotive Wiper consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Automotive Wiper Market Segmentations:

• Arm Type

  • Synchronized Radial Arm Automotive Wipers
  • Pantograph Arm Automotive Wipers

• Blade Type

  • Traditional Bracket Blades
  • Low-Profile Beam Blades
  • Hybrid Blades

• Vehicle Category

  • Passenger Car Wipers
  • LCV Wipers
  • HCV Wipers

• Application

  • Windshield Wipers
  • Rear Wipers
  • Headlight Wipers

• Sales Channel

  • Automotive Wiper Sales through OEMs
  • Automotive Wiper Sales through Aftermarkets

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