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Automotive Wiping System Market Size

  • Report ID: GMI11691
  • Published Date: Oct 2024
  • Report Format: PDF

Automotive Wiping System Market Size

The global automotive wiping system market size was valued at USD 4.5 billion in 2023 and is projected to grow at a CAGR of 4.9% between 2024 and 2032. The global production of passenger and commercial vehicles significantly drives growth in the market. As vehicle production increases, the demand for effective and reliable wiping systems rises. For instance, in May 2024, Statista published a report on worldwide automobile product and reported “in 2023, some 94 million motor vehicles were produced worldwide. This figure translates into an increase of around 10 percent compared with the previous year.

 

China, Japan, and Germany were among the largest producers of cars and commercial vehicles.” Manufacturers are incorporating advanced wiper technologies to enhance safety and driver comfort. The expansion of automotive manufacturing in emerging markets, particularly in Asia-Pacific and Latin America, boosts sales volumes of both passenger and commercial vehicles. This growing vehicle fleet creates a robust aftermarket for replacement and upgraded wiper systems. Additionally, the shift towards electric vehicles (EVs) further contributes to market demand, as manufacturers focus on innovative solutions that cater to modern vehicle designs, enhancing the overall performance of automotive wiping system.
 

Moreover, advanced driver assistance systems (ADAS) technologies are significantly driving the growth of the automotive wiping systems market. ADAS features, such as automatic emergency braking and lane-keeping assistance, rely on clear visibility for accurate sensor functionality. Efficient wiper systems, including rain-sensing and adaptive wipers, ensure windshields remain clear during adverse weather conditions, thereby enhancing visibility.
 

As automakers increasingly incorporate ADAS technologies to meet safety regulations and consumer demands for advanced safety features, the demand for sophisticated wiping systems rises. This synergy between ADAS and efficient wiper systems not only enhances vehicle safety but also supports the overall trend toward smart, connected vehicles, further propelling market expansion.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of automotive wiping system reached USD 4.5 billion in 2023 and is set to grow at a CAGR of 4.9% between 2024 and 2032, led by growing consumer focus on safety and visibility.

In 2023, conventional systems dominated the market with a share exceeding 60%, and projections indicate they will surpass USD 4 billion by 2032.

The automatic segment held around 64% of the market share in 2023, driven by increasing demand for convenience, safety, and advanced vehicle technology.

The Asia Pacific region accounted for over 40% of the automotive wiping systems market share in 2023 and is expected to exceed USD 3 billion by 2032.

Major players in the industry include DENSO Corporation, DOGA Group, HELLA GmbH & Co. KGaA, Magneti Marelli S.p.A., Mitsuba Corporation, PEWAG Schneeketten GmbH, Robert Bosch GmbH, Tenneco Inc., TRICO Products Corporation, and Valeo SA.

Automotive Wiping System Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 180
  • Countries covered: 21
  • Pages: 180
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