Global Commercial Vehicle Wiper System Market 2017-2021

Overview of the global commercial vehicle wiper system market

Research analysis on the global commercial vehicle wiper system market identifies the benefits such as improvement in aerodynamics by making wiper system more flat and compact as one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of around 4% by 2021. There are different areas where OEMs are constantly concentrating on to improve the fuel economy. Aerodynamics is one such area as there is still significant scope for improvement with respect to the aerodynamics of a vehicle. Traditional wipers usually have one or two motors attached to their linkage arm, leading to an increase in weight which hampers the performance of the vehicle. To counter this, Robert Bosch has come up with two separate motors attached to the end of each engine bay. In this system, the mechanical linkage is replaced by the electronic control unit, which helps in saving a space of up to 75%. This makes the system lighter and less complex, which in turn, also helps in achieving better performance and improved fuel economy.

The rising adoption of rain sensing wipers is one of the latest trends that will gain traction in the commercial vehicle wiper system market. Rain sensing windshield wiper technology is based on the principle of total internal reflection. The sensor is placed at the center of the windshield, which will detect the rain water and switch on the motor of the wiper. These automatic wiper technologies help to avoid multiple collision instances, which result due to driver distractions mainly caused due to the manual operation of wipers. Rain sensors also help in activating and deactivating the wiper system along with the automatic control of wiper speed which helps the driver focus on driving during extreme weather conditions.

Competitive landscape and key vendors  

The commercial vehicle wiper system market is fragmented with the presence of global and niche regional players. The local players maintain their market position in the competitive market due to the better understanding of their local market and good channel distribution in the aftermarket segment. The key vendors in the automotive window wipers market are increasing their investments in R&D activities to meet the increasing demand for advanced safety features.

The leading vendors in the market are -

• Robert Bosch
• DENSO
• DOGA
• Federal-Mogul
• TRICO

The other prominent vendors in the market are Valeo, Mitsuba, and WEXCO Industries.

Segmentation by application and analysis of the commercial vehicle wiper system market

• LCV
• M&HCV

During 2016, the LCV segment accounted for the major shares of the automotive window wipers market. Factors such as the increase in sales of LCVs across all regions and the adoption of innovative wiper systems in the commercial vehicles, will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the commercial vehicle wiper system market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the automotive window wipers market throughout the forecast period. The development of modern and advanced windshields and the introduction of government regulations that mandate the need for safety features in commercial vehicles, will drive the growth of the market in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global commercial vehicle wiper system market?
• What are the key market trends impacting the growth of the global commercial vehicle wiper system market?
• What are the challenges to market growth?
• Who are the key vendors in the global commercial vehicle wiper system market?
• What are the market opportunities and threats faced by the vendors in the global commercial vehicle wiper system market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global commercial vehicle wiper system market?

Technavio also offers customization on reports based on specific client requirement.

This forthcoming research report on the global commercial vehicle wiper system market offers insights into the key trends and emerging drivers influencing the growth of the automotive industry. Our market research reports for the automotive industry also follow an extensive data collection methodology and offer an analysis of fast growing market segments like automotive components.

By considering the market forecast and size, surging demand for various automotive components, the market research experts at Technavio offer an all-inclusive picture of the commercial vehicle wiper system market for the estimated period of 2017 to 2021. Furthermore, our research practices support clients devise effective growth strategies and compete with the continually changing market landscape. This market study also offers an extensive analysis of various automotive components based on the inference of the information gathered from specific resources such as channel partners and market stakeholders. This upcoming market research report on the commercial vehicle wiper system market also covers vendors like Bosch, DENSO, DOGA, Federal-Mogul, TRICO, and Valeo.

This upcoming industry report on the commercial vehicle wiper system market also considers the growth of the related markets such as the automotive wheel bearings market, which is expected to project an impressive CAGR of almost 5% during the forecasted period. According to our research analysts, the exponentially rising popularity of rain-sensing windshield wiper technology is expected to impact the global market during the next few years. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the commercial vehicle wiper system market also covers geographies like the Americas, APAC, and EMEA.

The forthcoming industry research report on the commercial vehicle wiper system market also categorizes the key drivers, major trends, as well as the key restraints that the automotive components sector currently experiences. It also presents insights into the dynamically changing competitive scenario to give clients a complete view of the industry. Technavio also provides deep-dive market assessments into the sectors such as powertrain, automotive accessories, and automotive electronics.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.