Wiper system is driven by the wiper motor. Wiper system are used for clear visibility in case the vehicle is faces adverse weather conditions such as snowfall or rainfall. Persistent use of a wiper system leads to wear and tear of the motor, which leads to demand for wiper motor in aftermarket. Wiper motor aftermarket market is expected to expand at a significant growth rate, owing to increasing demand for automotive across the globe.
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FACTS AT A GLANCE
Companies: WAI Global, DOGA Automotive, Magneti Marelli, Robert Bosch GmbH, and Valeo S.A.
Coverage: All major geographies and key segments
Segments: Wiper Motor Aftermarket Market Segementation By Vehicle type – Commercial Vehicle(Heavy Motor Vehicle, Light Motor Vehicle), Passenger Cars; By Distribution channel – Wholesalers and Distributors, Component Part Manufacturers Sales, Specialists Repairers and Suppliers, Franchised Dealers, Independent Garages, Other Supplier
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Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
The growth of the global wiper motor aftermarket market is driven by growing automotive industry and the need of replacement of the wiper motor as a result of continuous use of wiper system. Macroeconomic factors such as growing economy, rising disposable income, and rapid rate of urbanization as well as industrialization also driving the global wiper motor aftermarket market. Integration of value chain, increasing automation, and technological advancement are some of the factors trending the global wiper motor aftermarket market over the forecast period.
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