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ncreasing Adoption of Rear Wiper Systems & Opportunities in the Commercial Vehicle Segment

ncreasing Adoption of Rear Wiper Systems & Opportunities in the Commercial Vehicle Segment

Adverse weather conditions like heavy snowfall and rainfall depending upon the country’s climatic conditions determine the usage of wiper system for a vehicle. The countries with higher rainfall or snowfall will have vehicles using their wiper systems on a regular basis. The regular use of wiper systems will lead to wear and tear over a period of time, thus leading to the possibility of the wiper motor needing to be replaced. Average vehicle age is another prominent factor which affects the wiper motor aftermarket. These older vehicles require replacement of parts and components due to their prolonged use. Thus the presence of numerous older vehicles will drive wiper motor aftermarket.

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44 views • 3 slides
Increasing Average Age of Vehicles is Expected to Drive the Wiper Motor Aftermarket

Increasing Average Age of Vehicles is Expected to Drive the Wiper Motor Aftermarket

The passenger cars segment of the wiper motor aftermarket is estimated to register the highest CAGR during the forecast period. This growth is driven by the need for clear visibility, in adverse weather conditions. The wiper motor must be in working condition at all times to maintain a clear view during adverse conditions.

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47 views • 3 slides
Increasing Average Age of Vehicles is Expected to Drive the Wiper Motor Aftermarket

Increasing Average Age of Vehicles is Expected to Drive the Wiper Motor Aftermarket

The passenger cars segment of the wiper motor aftermarket is estimated to register the highest CAGR during the forecast period. This growth is driven by the need for clear visibility, in adverse weather conditions. The wiper motor must be in working condition at all times to maintain a clear view during adverse conditions.

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38 views • 3 slides

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