TechNavio recognizes the following companies as the key players in the Global Wiper Systems Market: Denso Corp., Federal-Mogul Corp., Robert Bosch GmbH, and Valeo S.A.
Commenting on the report, an analyst from TechNavio’s team said: “The latest trend in most consumer products is DIY. These product types let users buy the product in its dismantled form from the store and install it themselves. The trend has hit the Global Wiper Systems market in recent times. The end consumer of the wiper can now pick up a box of a wiper system, assemble the different components as per the instructions given in the manual, and install the final system without an expert or an engineer’s help. This is an added advantage to both the seller and the buyer because it is cost-effective for the seller and time saving for the buyer.”
According to the report, the most significant and influential driver of the market is the increasing usage of rear wipers in vehicles. Most automotive manufacturers have started manufacturing their vehicles with a rear wiper for safety reasons. This has caused the market to easily expand in terms both of volumes sold and revenue.
Further, the report states that the major challenge is the lack of any significant technological development. Recently, the automotive business has grown into multiple folds in terms of technology and product innovation. This innovation in technology has also happened in the supporting component industries, but the Wiper System market has not undergone any major development.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-wiper-systems-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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TechNavio Announces the Publication of its Research Report -Global Wiper Systems Market 2012-2016
