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Wiper System Market: Rising Demand for SUVs Fuelling Sales of Rear Wiper System

Press release Description

Albany, New York, July 2, 2018: Demand for wiper system, an integral component of a vehicle, continues to witness a steady traction, in light of its radical benefits such as enhancing visibility & safety of passengers and the vehicle alike. With the wiper system being a mandatory asset in vehicles, vehicle sales proliferation in light of increasing GHDI has been fostering expansion of the wiper system market in recent years. These insights are according to a new report, titled “Wiper System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”, which is added to the exhaustive repository of Market Research Reports Search Engine (MRRSE).

Rising consumer inclination toward crossovers, hatchbacks, and SUVs, has extended the application of the wiper system for the rear windshield. According the report, crossovers and SUVs accounted for over 40% of the U.S. vehicle sales, whereas in Europe the SUVs accounted for over 20% of the vehicle sales. This rise in demand for SUVs has reflected on the development and demand growth of the wiper system market.

As windshields of crossovers and SUVs have steep inclination, cleansing the rear windshield becomes difficult for the air vortex, which in turn creates the need for rear wiper systems. Growing sales of SUVs, which has driven the adoption of rear wiper system, along with regular front wiper system, will continue to sustain growth of the wiper system market.

Wiper System Market: Report Summary

The report analyzes and illustrates an detailed view of the wiper system market, providing forecast on the market for the period 2017 to 2026, in terms of volume (million units) and value (US$ Mn). This report covers key drivers and restraints affecting growth of the wiper system market. Technological road map and key industrial developments in the wiper system market have also been encompassed in the report.

An in-depth assessment on the wiper system market has been provided in the report, on the basis of a segmentation analysis. The wiper system market has been categorized into region, aftermarket, component, vehicle, and technology type, which have been analyzed on the basis of current and future trends. The regional segmentation involves current and forecast demand for the wiper system in Middle East & Africa, Europe, Asia-Pacific, Latin America, and North America.

Wiper System Market: Analysis on Competitor Landscape

The report includes a comprehensive assessment on the competition landscape of the wiper system market, profiling key participants contributing to growth of the market. Prominent companies identified by the report, who are significantly underpinning growth of the wiper system market, include Magneti Marelli S.p.A., B. Hepworth and Company Limited, Mitsuba Corp., Am Equipment, Pilot Automotive, Nippon Wiper Blade Co., Ltd., DOGA SA, HELLA GmbH & Co. KGaA, Federal Mogul Motorparts LLC., DENSO Corporation, Robert Bosch Gmbh, and Valeo.

While compiling this analytical research study on the wiper system market, the analysts developing the report have conducted detailed interviews and discussions with various industry participants. Primary research used includes bulk of research efforts, complemented by a comprehensive secondary research. This research approach has been deemed to be reliable, effective, and successful to obtain accurate market data, recognize lucrative business opportunities, and capture insights on key industry participants.

Browse Full Global Wiper System Market Report with TOC :

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