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Download Free sampleThe global Windshield Wiper market was valued at 760.04 Million USD in 2021 and will grow with a CAGR of 1.65% from 2021 to 2027, based on Research newly published report.
The prime objective of Windshield Wiper Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Windshield Wiper Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Windshield Wiper is a device used to keep the window clean, moving back and forth across the windshield countless times as they sweep the water away. A Windshield Wiper mainly consists of a pivot socket, two end ferrules, a spring steel sheet and a rubber strip. The spring sheet steel in Windshield Wiper dispersive pressure to the whole and make all parts of the Windshield Wiper bear averaged force, removing the rain mark and scratch on the windscreen. The Windshield Wiper can last longer, coupled with uniform force, anti-sun, simple structure and lighter weight features.Demand from the downstream brings a power to the development of wiper blade industry. USA and Europe are the major market of wiper blade. In recent years, growing China market became an important market of wiper blade. Viewed from the supply side, there are many manufacturers in the wiper blade industry, while from the demand side, the current demand for wiper blade is growing. At present, there are a mass of manufacturers in the market. Major manufacturers in the market are Bosch, Valeo, Federal-Mogu, Denso and Trico. These five companies occupied about 74.05% market share in the wiper blade market in 2016. As downstream demand grows and technical barriers become less, there will be a huge market space for wiper blade. To grab more market, the little companies have to expand the technology, capital investment and brand influence. To meet the challenge of little companies and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. In the future, wiper blade market will still be a market of fierce competition.
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