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Windshield Wiper Blades Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Category : Automotive, Transportation and Logistics | Published at : April-2023 | Delivery Format : PDF | Status: Published | Pages : 250

The Global Windshield Wiper Blades Market Size accounted for USD 7.3 Billion in 2022 and is estimated to achieve a market size of USD 8.6 Billion by 2032 growing at a CAGR of 1.7% from 2023 to 2032.

Windshield Wiper Blades Market Highlights

  • Global windshield wiper blades market revenue is poised to garner USD 8.6 billion by 2032 with a CAGR of 1.7% from 2023 to 2032
  • North America windshield wiper blades market value occupied more than USD 2.9 billion in 2022
  • Asia-Pacific windshield wiper blades market growth will record a CAGR of around 2% from 2023 to 2032
  • Among type, the boneless wiper blades sub-segment generated around US$ 4.4 billion revenue in 2022
  • Based on application, the aftermarket sub-segment generated over 55% share in 2022
  • Advancements in material science leading to the development of durable wiper blades is a popular windshield wiper blades market trend that fuels the industry demand

Global Windshield Wiper Blades Market Dynamics

Windshield wiper blades are devices that are used in various forms of vehicles to protect glass from dirt, water, and snow, thus ensuring that the windows or glass remain clean. The major components of a windshield wiper blade include a pivot socket, a spring steel sheet, two end ferrules, and a rubber strip. The spring steel sheet plays a major role in the wiper blade as it produces dispersive pressure to ensure all the parts of the blade can bear average force uniformly, thus making the windscreen resistant to scratch and rain marks. The market for windshield wiper blades has witnessed significant growth due to rising demand from various end-use industries such as automotive and aviation.

Windshield Wiper Blades Market Analysis Period

Global Windshield Wiper Blades Market Dynamics

Market Drivers

  • Increasing vehicle production and sales globally
  • Growing demand for technologically advanced wiper blades
  • Rising awareness among consumers about the importance of regular maintenance of wiper blades
  • Growing demand for high-quality wiper blades for premium vehicles

Market Restraints

  • High cost of advanced wiper blade technology
  • Increasing adoption of autonomous vehicles with no need for windshield wiper blades
  • Limited availability of raw materials required for the manufacturing of wiper blades

Market Opportunities

  • Growing demand for eco-friendly wiper blades
  • Increasing demand for high-quality aftermarket wiper blades
  • Emergence of new distribution channels for wiper blades, such as online sales platforms

Windshield Wiper Blades Market Report Coverage

Market Windshield Wiper Blades Market
Windshield Wiper Blades Market Size 2022 USD 7.3 Billion
Windshield Wiper Blades Market Forecast 2032 USD 8.6 Billion
Windshield Wiper Blades Market CAGR During 2023 - 2032 1.7%
Windshield Wiper Blades Market Analysis Period 2020 - 2032
Windshield Wiper Blades Market Base Year 2022
Windshield Wiper Blades Market Forecast Data 2023 - 2032
Segments Covered By Type, By Application, By End-Use Industry, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Robert Bosch GmbH, Valeo SA, Trico Products Corporation, Denso Corporation, Federal-Mogul LLC, Mitsuba Corporation, Valeo SA, PIAA Corporation, HELLA GmbH & Co. KGaA, The Goodyear Tire & Rubber Company, and WEXCO Industries Inc.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis

Windshield Wiper Blades Market Insights

The increase in the use of bone and boneless wiper blades in domestic and industrial applications as well as increasing technological investments by leading players have led to the growth of the windshield wiper blades market globally. Increased use of Windshield Wiper Blades in the automotive sector is expected to change the dynamics of the market in near future. The major challenges can be attributed to the stringent government regulations, poor performance of aftermarket windshield wiper blades, and the threat of substitutes.

Windshield Wiper Blades Market Segmentation

The worldwide market for windshield wiper blades is split based on type, application, end-use industry, and geography.

Windshield Wiper Blades Types

  • Boneless Wiper Blades
  • Bone Wiper Blades

Windshield Wiper Blades Market Insights

According to a windshield wiper blades industry analysis, boneless wiper blades currently dominate the global windshield wiper blades market. Boneless wiper blades are also known as flat wiper blades or beam wiper blades, and they are becoming increasingly popular due to their superior wiping performance, durability, and sleek design. Unlike traditional bone wiper blades, which have a metal frame that can trap dirt and debris, boneless wiper blades have a frameless design that reduces the chances of snow or ice buildup. Additionally, boneless wiper blades are less prone to squeaking or chattering during operation, making them a preferred choice for many vehicle owners.

Windshield Wiper Blades Applications

  • Aftermarket
  • Original Equipment Manufacturers (OEMs)

Windshield Wiper Blades Market Drivers

The aftermarket application currently dominates the global windshield wiper blade market in terms of market share. Aftermarket windshield wiper blades refer to replacement wiper blades that are sold separately from the original equipment manufacturer (OEM). These wiper blades are designed to fit a wide range of vehicles and are often less expensive than OEM wiper blades. The growing demand for high-quality replacement wiper blades for regular maintenance of vehicles is driving the growth of the aftermarket segment.

OEM Windshield Wiper Blades, on the other hand, are supplied by the vehicle manufacturers along with the new vehicles. OEM wiper blades are designed to fit the specific make and model of the vehicle and are often of high quality. However, the OEM segment is smaller than the aftermarket segment as replacement wiper blades are not needed until the existing ones wear out or get damaged.

Windshield Wiper Blades End-Use Industries

  • Automotive
  • Aviation
  • Others

According to the windscreen wiper blades market forecast, the automotive industry currently holds the largest share of the market. Windscreen wiper blades are primarily used in automobiles to improve visibility in wet or snowy weather. As the global production and sales of automobiles increase, so does the demand for windscreen wiper blades. Furthermore, the increasing adoption of electric vehicles and autonomous vehicles with advanced wiper blade technology is boosting the automotive segment's growth.

Another important end-use industry for windscreen wiper blades is aviation. Windshield Wiper Blades are used in aircraft to keep the windscreen clear during takeoff, landing, and flight. However, due to the small number of aircraft compared to the large number of vehicles on the road, the aviation segment is smaller than the automotive segment. Marine vessels, trains, and construction equipment are among the other end-use industries that use windscreen wiper blades. However, when compared to the automotive and aviation segments, these segments collectively hold a smaller share of the windscreen wiper blades market.

Windshield Wiper Blades Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

Windshield Wiper Blades Market Regional Analysis

North America is the largest market for windscreen wiper blades, owing to high demand for advanced wiper blade technology, rising vehicle production and sales, and stringent vehicle safety regulations. The major contributors to the growth of the North America market are the United States and Canada.

Europe is another significant market for windscreen wiper blades, owing to rising electric vehicle adoption, increased vehicle maintenance awareness, and the presence of major automobile manufacturers in the region. Germany, France, and the United Kingdom are the major contributors to Europe's market growth.

The Asia-Pacific market is expected to grow at the fastest rate during the forecast period, owing to rising vehicle production and sales, rising disposable income, and rising demand for technologically advanced wiper blades. China, India, and Japan are the major contributors to the Asia-Pacific market's expansion.

Windshield Wiper Blades Market Players

Some of the top windshield wiper blades companies offered in the professional report include Robert Bosch GmbH, Valeo SA, Trico Products Corporation, Denso Corporation, Federal-Mogul LLC, Mitsuba Corporation, Valeo SA, PIAA Corporation, HELLA GmbH & Co. KGaA, The Goodyear Tire & Rubber Company, and WEXCO Industries Inc.

Frequently Asked Questions

The market size of windshield wiper blades was USD 7.3 billion in 2022.

The CAGR of windshield wiper blades is 1.7% during the analysis period of 2023 to 2032.

The key players operating in the global windshield wiper blades market is includes Robert Bosch GmbH, Valeo SA, Trico Products Corporation, Denso Corporation, Federal-Mogul LLC, Mitsuba Corporation, Valeo SA, PIAA Corporation, HELLA GmbH & Co. KGaA, The Goodyear Tire & Rubber Company, and WEXCO Industries Inc.

North America held the dominating position in windshield wiper blades industry during the analysis period of 2023 to 2032.

Asia-Pacific region exhibited fastest growing CAGR for market of windshield wiper blades during the analysis period of 2023 to 2032.

The current trends and dynamics in the windshield wiper blades industry include increasing vehicle production and sales globally, growing demand for technologically advanced wiper blades, and rising awareness among consumers about the importance of regular maintenance of wiper blades.

The boneless wiper blades held the maximum share of the windshield wiper blades industry.


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