Global Automotive Wiper Market
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Global Automotive Wiper Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2027, at CAGR of 5 % during forecast period of 2019 to 2027.
Automotive wipers are also referred as a windshield wiper or windscreen wiper, which is a device used to remove rain, snow, ice and debris from a vehicle's front and rear window. Almost all motor vehicles, including cars, trucks, buses, train locomotives, and watercraft with a cabin and some aircraft are equipped with one or more such wipers.
Global Automotive Wiper Market is hugely driven by the increase in demand for the automobiles and adoption of rear wiper in new range of vehicles. In addition, technological innovations and advancements in the wipers are expected to boost the growth of the global market. Many jurisdictions have legislative rules that vehicles to be equipped with windscreen wipers compulsorily. In some countries, under the motor vehicle law windscreen wipers may be considered as a safety item and required while auto safety inspections. Some US states have a "wipers on, lights on" rule for cars. All these factors accelerate the demand and global Automotive Wiper Market. On the contrary, the growth of the market is restrained by the fluctuating cost of raw material. However, the production of fully automatic automotive wipers provides profitable growth opportunities for the major player operating in the global automotive wiper market.
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Last Update : Jan 12, 2021 11:04 PM
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