The Global Automotive Wiper Motor Market is valued at approximately USD 2.41 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.08% over the forecast period 2024-2032. The growth is attributed to the increasing production and demand for vehicles. The wiper motor is a critical component of the wiper system, ensuring a clean windshield and providing the driver with a clear and unobstructed view of the road. As an electromechanical component, the wiper motor powers the windshield wipers, which move radially across the windshield to remove debris, water, or snow. This essential function is facilitated by the DC motor, the most commonly used motor in wiper systems.
The need for safer driving conditions, necessitating clear windshields for proper road visibility, is projected to drive market growth in the coming years. Key players are investing in advanced wiper technologies, such as rain-sensing wiper systems that activate automatically upon detecting rain on the windshield. Additionally, the increasing use of rear windshield wipers in SUVs and other larger vehicles is expected to further propel market expansion. Moreover, the market faces challenges such as high acquisition and operational costs and the limited availability of specialized wiper motors. However, ongoing technological advancements and R&D in sustainable fire retardants present significant growth opportunities for market players. The introduction of new materials and innovative designs aimed at reducing costs and improving efficiency are expected to drive market growth.
The key regions considered for the Global Automotive Wiper Motor Market study include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The North America region is projected to registered a dominating position owing to rising technological advancement, presence of key market players and rising expansion in automotive industry in the region. On the other hand, The Asia Pacific region holds a substantial market share due to the increasing demand and production of vehicles in the region. The region's growing automotive industry and the rising adoption of advanced automotive technologies are expected to drive market growth.
Major market players included in this report are:
- Robert Bosch GmbH
- Valeo Service
- Lucas TVS Limited
- Sanauto Engineers India Pvt. Ltd.
- PSV Wipers Limited
- CARDONE Industries
- Magneti Marelli Parts & Services
- Xiamen Meto Auto Parts Industry Co., Ltd
- Remy International, Inc.
- Hella GmbH & Co. KGaA
- Nidec Corporation
- Mitsuba Corporation
- ASMO Co., Ltd.
- Trico Products Corporation
- Magneti Marelli S.p.A.
The detailed segments and sub-segment of the market are explained below:
By Product Type:
- Brush and Brushless DC Motor
- Stepper Motor
By Vehicle Type:
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By End-User:
- OEMs
- Aftermarket
- Common content for 'Report Description'
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Russia
- ROE
- Asia Pacific
- China
- Japan
- India
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Automotive Wiper Motor Market Executive Summary
- 1.1. Global Automotive Wiper Motor Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Product Type
- 1.3.2. By Vehicle Type
- 1.3.3. By End-User
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Automotive Wiper Motor Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Automotive Wiper Motor Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Increase in Production and Demand for Vehicles
- 3.1.2. Technological Advancements in Wiper Systems
- 3.2. Market Challenges
- 3.2.1. High Acquisition and Operational Costs
- 3.2.2. Limited Availability of Specialized Wiper Motors
- 3.3. Market Opportunities
- 3.3.1. R&D in Sustainable Fire Retardants
- 3.3.2. Introduction of New Materials and Innovative Designs
Chapter 4. Global Automotive Wiper Motor Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive Wiper Motor Market Size & Forecasts by Product Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Automotive Wiper Motor Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Brush and Brushless DC Motor
- 5.2.2. Stepper Motor
Chapter 6. Global Automotive Wiper Motor Market Size & Forecasts by Vehicle Type 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Automotive Wiper Motor Market: Vehicle Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Passenger Vehicle
- 6.2.2. Light Commercial Vehicle
- 6.2.3. Heavy Commercial Vehicle
Chapter 7. Global Automotive Wiper Motor Market Size & Forecasts by End-User 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Automotive Wiper Motor Market: End-User Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. OEMs
- 7.2.2. Aftermarket
Chapter 8. Global Automotive Wiper Motor Market Size & Forecasts by Region 2022-2032
- 8.1. North America Automotive Wiper Motor Market
- 8.1.1. U.S. Automotive Wiper Motor Market
- 8.1.1.1. Product Type breakdown size & forecasts, 2022-2032
- 8.1.1.2. Vehicle Type breakdown size & forecasts, 2022-2032
- 8.1.1.3. End-User breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Automotive Wiper Motor Market
- 8.1.3. Mexico Automotive Wiper Motor Market
- 8.2. Europe Automotive Wiper Motor Market
- 8.2.1. UK Automotive Wiper Motor Market
- 8.2.2. Germany Automotive Wiper Motor Market
- 8.2.3. France Automotive Wiper Motor Market
- 8.2.4. Russia Automotive Wiper Motor Market
- 8.2.5. Rest of Europe Automotive Wiper Motor Market
- 8.3. Asia-Pacific Automotive Wiper Motor Market
- 8.3.1. China Automotive Wiper Motor Market
- 8.3.2. Japan Automotive Wiper Motor Market
- 8.3.3. India Automotive Wiper Motor Market
- 8.3.4. South Korea Automotive Wiper Motor Market
- 8.3.5. Rest of Asia Pacific Automotive Wiper Motor Market
- 8.4. Latin America Automotive Wiper Motor Market
- 8.4.1. Brazil Automotive Wiper Motor Market
- 8.4.2. Argentina Automotive Wiper Motor Market
- 8.4.3. Rest of Latin America Automotive Wiper Motor Market
- 8.5. Middle East & Africa Automotive Wiper Motor Market
- 8.5.1. Saudi Arabia Automotive Wiper Motor Market
- 8.5.2. UAE Automotive Wiper Motor Market
- 8.5.3. South Africa Automotive Wiper Motor Market
- 8.5.4. Rest of Middle East & Africa Automotive Wiper Motor Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1 Company 1
- 9.1.2 Company 2
- 9.1.3 Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Robert Bosch GmbH
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. Valeo Service
- 9.3.3. Lucas TVS Limited
- 9.3.4. Sanauto Engineers India Pvt. Ltd.
- 9.3.5. PSV Wipers Limited
- 9.3.6. CARDONE Industries
- 9.3.7. Magneti Marelli Parts & Services
- 9.3.8. Xiamen Meto Auto Parts Industry Co., Ltd
- 9.3.9. Remy International, Inc.
- 9.3.10. Hella GmbH & Co. KGaA
- 9.3.11. Nidec Corporation
- 9.3.12. Mitsuba Corporation
- 9.3.13. ASMO Co., Ltd.
- 9.3.14. Trico Products Corporation
- 9.3.15. Magneti Marelli S.p.A.
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes