The wiper motor is driven by the motor, and the rotary motion of the motor is converted into the reciprocating motion of the wiper arm through the linkage mechanism, so as to realize the wiper action. Generally, the wiper can be operated by turning on the motor. It can be changed by selecting high-speed and low-speed gears. The current of the motor controls the speed of the motor and then the speed of the wiper arm. Unlike the wiper blade market with a high replacement rate, the wiper motor replacement rate is not high. This article counts the wiper motor assembly market (that is, only the front-mounted wiper motor is counted, and the rear-mounted wiper motor is not included).
The major players in China Wiper Motor market include Shenghuabo Group, Bosch, Valeo, etc. The top 3 players occupy about 60% shares of the China market. Eastern China is the main market, and occupies about 25% of the whole market. Front Windshield Wiper Motor is the main type, with a share about 65%. Passenger Vehicle is the main application, which holds a share about 85%.
Industry Insights
A report titled, “Global Wiper Motor Market Outlook 2022” has been recently published by OMR Market Research. The dedicated analysts and researchers have carried out deep-seated research to put forth the present and future scenario of the Wiper Motor market. They have provided an in-depth review with accuracy and reliability to give the readers an overall picture.
The global Wiper Motor market size is projected to reach US$ 3.4 billion by 2027, from US$ 1.7 billion in 2020, at a CAGR of % during 2021-2027.
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Post-covid-19 Outlook
The readers in the section will understand how the Wiper Motor market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as production, demand, consumption, supply chain. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Segmental Outlook
Key segments including type, and application have been elaborated in this report. The consultants at OMR Market Research have studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and application during the historical period (2016-2021) and forecast period (2022-2027).
Segment by Type
Front Windshield Wiper Motor
Rear Window Wiper Motor
Segment by Application
Passenger Vehicle
Commercial Vehicle
Regional Outlook
This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular regioncountry. The readers will also get their hands on the revenue and production data of each region and country for the period 2016-2027. This information derived through comprehensive research will help the reader to get familiar with the potential value of the investment in a particular region. North America, Europe, Japan, South Korea and India are the major regions studied in the research report.
Competitive Scenario
In this section, the readers will gain an understanding of the key players competing. The experts at OMR Market Research have studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and production by manufacturers for the period 2016-2021. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Some of the prominent players reviewed in the research report include
Valeo
Bosch
Denso
Mitsuba
DY Corporation
Trico
DOGA
Lucas TVS
Cardone Industries
WAI Global
OSLV Italia
Shenghuabo Group
AVIC
FDM
CEU
Frequently Asked Questions
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What will be the CAGR of the Wiper Motor market during the forecast period
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