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Since a downfall in the automotive sector during 2008 and 2009, the industry has reported an upsurge in demand for new and used cars. The shake-up of the industry during these years has resulted in car systems becoming more technologically advanced with an increased number of sensors tracking performance and informing the driver of errors, conditions or maintenance tasks. The manufacturers of wiper systems have also introduced advanced sensor technology. In addition, the technological innovation in auto glass has also helped improve strength, clarity and reduce optical distractions for drivers.
Strong growth in new car sales in particular India and China, combined with the introduction of new technology in wiper systems is forecast to drive growth in the market over the next five years. By 2017, the global wiper systems market is forecast to be valued at US$7.8 billion. The largely untapped market for rear wiper blades combined with the increased propensity for drivers to replace wiper blades is also expected to drive growth.
Driver visibility is increasingly seen as an important aspect of avoiding accidents and the new technology in auto glass combined with wiper systems is forecast to address the problems associated with unclear windows and poor driver visibility. Manufacturers are making significant investments in R&D and forming close alliances with high tech companies to develop innovative wiper systems and easy to install one-size-fits-all wiper parts.
Technology is currently being integrated in wiper systems to alert the driver when blades need to be replaced. Although the original equipment market is a key sector for wiper systems manufacturers, it is the aftermarket which represents the largest and most important sector.
The leading manufacturers of wiper systems globally, are ARDONE Industries, Inc., Denso Corporation, Federal-Mogul Corporation, JAMAK Global Wipers, Robert Bosch GmbH, Trico Products Corporation, Valeo S.A.
If you would like to view more details about the global wiper systems market, then please click the following link: http://www.companiesandmarkets.com/Market-Report/wiper-systems-a-global-strategic-business-report-739137.asp
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