This Wiper Motor Aftermarket report represents the revenue opportunities in the market through to 2021, highlights the market size and growth by technology, geography, type and size. The report outlines the evolution of the industry and identifies and assesses the best performing vendors in the market.
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Study on Wiper Motor Aftermarket highlights key players such as Valeo S.A. (France) Robert Bosch GmbH (Germany), Magneti Marelli (Italy), DOGA Automotive (Spain) and WAI Global (U.S.A.).
Key growth strategies adopted by these players include new product development, partnerships, agreements, joint ventures, and supply contracts.
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The wiper motor aftermarket is projected to grow at a CAGR of 2.78% from 2016 to 2021, to reach a market size of USD 2.65 billion by 2021.
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Current vehicle models are equipped with better electrical components than their previous versions. Consequently, the current generation of wiper motors has a longer life span than their previous versions.
This reduces the potential for wiper motor replacement and would act as a restraint for the aftermarket.
Passenger cars are estimated to be the largest segment in the wiper motor aftermarket. Increasing average age of passenger cars and safety concern during the adverse weather conditions are the key factors driving the wiper motor aftermarket.
The wiper motors fitted on commercial vehicles are more robust than those fitted on passenger cars. The growing demand for routine maintenance and replacement of parts would boost the wiper motor aftermarket for passenger car segment.
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Key Points From Table Of Content:
4 Premium Insights
4.1 Opportunities in the Wiper Motor Aftermarket
4.2 Regional Analysis for the Wiper Motor Aftermarket, 2016–2021
4.3 Wiper Motor Aftermarket, By Vehicle Type, 2016–2021
5 Market Overview
5.2 Market Segmentation
5.2.1 Wiper Motor Aftermarket
5.3 Market Dynamics
18.104.22.168 Steady Rise in Vehicle Sales
22.214.171.124 Increasing Average Age of Vehicles
126.96.36.199 Vehicles Being Equipped With Better Electrical Equipment
188.8.131.52 Increasing Adoption of Rear Wiper Systems & Opportunities in the Commercial Vehicle Segment
184.108.40.206 Independent Market Players Have to Provide Oe-Quality Products at Lower Costs
5.4 Porter’s Five Forces Analysis
5.4.1 Intensity of Competitive Rivalry
5.4.2 Threat of Substitutes
5.4.3 Bargaining Power of Buyers
5.4.4 Bargaining Power of Suppliers
5.4.5 Threat of New Entrants
6 Wiper Motor Aftermarket, By Vehicle Type
6.1.2 North America
6.1.4 Rest of the World
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This report covers two major vehicle categories for the wiper motor aftermarket i.e. passenger cars and commercial vehicles.
The report further segmented wiper motor aftermarket into five major regions that include Europe, North America, Asia-Pacific, and RoW. The RoW region comprises of two major countries: Russia and Brazil.
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