Published Date: 2018-03-16
The global Windshield Wiper market is valued at 2996.22 million USD in 2016 and is expected to reach 3.26 billion USD by the end of 2022, growing at a CAGR of 1.41% between 2016 and 2022.
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.
In order to feed the changing technical requirements, wiper blade manufacturers need to pay attention to the technical innovation. In future, high performance and high durability will be the technology trends of wiper blade.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The Global Windshield Wiper System Market Research Report 2017 report released by QYResearch provides a basic overview of the Windshield Wiper industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in United States, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Windshield Wiper industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
Click to view the full report：http://www.qyresearchglobal.com/goods-1210714.html
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