Global Automotive Wiper Component Aftermarket Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Vehicle;

Passenger Vehicle, and Commercial Vehicle.

By Component;

Wiper Blade, Wiper Blade, and Rain Sensor.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn013738150 Published Date: May, 2024 Updated Date: June, 2024


Global Automotive Wiper Component Aftermarket (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Wiper Component Aftermarket Market was valued at USD 11,486.12 million. The size of this market is expected to increase to USD 14,812.38 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.7%.

The Global Automotive Wiper Component Aftermarket operates within the broader automotive industry, catering to the needs of vehicle owners seeking replacement components for their windshield wiper systems. As integral safety features, windshield wipers play a crucial role in ensuring optimal visibility during adverse weather conditions, including rain, snow, and fog. The aftermarket segment specifically targets consumers looking to maintain or upgrade their wiper systems beyond the original equipment manufacturer (OEM) offerings. With a vast array of wiper components available, ranging from wiper blades and arms to motors and washer systems, the aftermarket presents a diverse marketplace for consumers to find cost-effective and high-quality replacements for worn-out or damaged parts.

Driven by factors such as aging vehicle fleets, increasing awareness of road safety, and the prevalence of inclement weather conditions across various regions, the Global Automotive Wiper Component Aftermarket exhibits considerable growth potential. As vehicle owners prioritize maintenance and safety, the demand for reliable and durable wiper components continues to rise. Technological advancements in wiper component design, such as the integration of advanced materials and aerodynamic features, contribute to enhanced performance and longevity, further fueling aftermarket sales. With a global footprint spanning diverse geographical regions and vehicle types, the aftermarket segment serves as a vital ecosystem supporting the ongoing maintenance and upkeep of vehicle wiper systems, ensuring continued safety and visibility on the roads.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle
    2. Market Snapshot, By Component
    3. Market Snapshot, By Region
  4. Global Automotive Wiper Component Aftermarket Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising global vehicle numbers
        2. Stringent safety regulations
        3. Varied weather demands
        4. Advanced wiper technology
      2. Restraints
        1. OEM competition for maintenance
        2. Longer vehicle technology cycles
        3. Varied aftermarket regulations
        4. Installation complexity limits DIY
      3. Opportunities
        1. Untapped market expansion
        2. Customization trends
        3. Sustainability focus benefits
        4. IoT-integrated smart systems
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Wiper Component Aftermarket, By Vehicle, 2020 - 2030 (USD Million)
      1. Passenger Vehicle
      2. Commercial Vehicle
    2. Global Automotive Wiper Component Aftermarket, By Component, 2020 - 2030 (USD Million)
      1. Wiper Blade
      2. Wiper Blade
      3. Rain Sensor
    3. Global Automotive Wiper Component Aftermarket, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Robert Bosch GmbH
      2. Denso Corporation
      3. Valeo Group
      4. Zhejiang Shenghuabo Electric Corporation
      5. Mitsuba Corp.
  7. Analyst Views
  8. Future Outlook of the Market