Global Wiper Arm Market Overview:
The windshield wipers on the car do a great job of keeping the windshield free of rain, dirt, snow, and debris so that the driver can drive safely. However, the wiper blades would be incapable to perform this critical task without the assistance of the windshield wiper arm. The wiper arm is attached to a windshield wiper motor, commonly located under the engine hood and directly in front of the dashboard. When all these components work together, the driver’s ability to see clearly while driving is significantly enhanced. Wiper arms are made from durable metals ranging from steel to aluminum and are engineered to withstand the constant use, extreme weather, including sun, and high winds.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
It is anticipated that the use of ground-breaking technologies, such as electromagnetic and laser-based vehicle cleaning, would lead to profitable expansion and prospects.
Market Growth Drivers:
The Growing Automotive Industry Worldwide and The Increased Safety and Security Awareness among the Consumers
Challenges:
Economic conditions can affect the demand for wiper arms. Recessions and economic downturns can lead to reduced demand for vehicles, which in turn affects the demand for wiper arms.
Restraints:
Failing Windshield Wiper Arm
Opportunities:
The Growth Opportunities from Developing Countries
Competitive Landscape:
In July 2020, Bosch introduced the Aerotwin windshield wiper, which has an improved wiper rubber profile with a proprietary coating
Some of the key players profiled in the report are Holger Christiansen A/S (United Kingdom), TRICO Products Corp (United States), Five Oceans (United States), PSV WIPERS LIMITED (United Kingdom), DOGA (Spain), K-Star Traffic Supply Co., Ltd. (Taiwan), Astra Depot Corp. (United States), WEXCO Industries Inc. (United States), Dorman Products (United States), Syndicate Wiper Systems (P) Ltd (India), Valeo and Bosch. Additionally, following companies can also be profiled that are part of our coverage like Spare Pro Industries (India) and Alimity (India). Analyst at AMA Research see United States Vendors to retain maximum share of Global Wiper Arm market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Wiper Arm market.
Latest Market Insights:
Trico Group Holdings, a leading provider of windshield wiper systems, acquired Airtex Products, a manufacturer of fuel delivery systems. The acquisition was aimed at expanding Trico's product offerings and diversifying its business.
For the Indian aftermarket, Valeo unveiled their flat wiper blades in June 2020. It consists of a variety of wiping system items made to increase visibility and traffic safety at high speeds.
The automotive industry is subject to various quality standards, such as ISO 9001 and ISO/TS 16949. These standards ensure that wiper arm systems meet certain quality requirements and are safe for use in vehicles.
What Can be Explored with the Wiper Arm Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Wiper Arm Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Wiper Arm
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Wiper Arm market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Wiper Arm market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Wiper Arm Manufacturers, Wiper Arm Raw Material Suppliers, Wiper Arm Traders/Distributors, Wiper Arm Importer/Exporter, Regulatory & Government Bodies, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.