MarketResearchNest.com adds “Global Commercial Vehicle Wiper System Market 2017-2021” new report to its research database. The report spread across 74 pages with table and figures in it.
Research analysts forecast the global commercial vehicle wiper system market to grow at a CAGR of 3.80 % during the period 2017-2021.
About Commercial Vehicle Wiper System
A wiper system is placed on the windshield of automobiles. It is used to enhance the visibility for drivers by wiping off dust, unwanted sand, and water particles caused by weather conditions, such as rain and snow. A wiper system consists of six main components: wiper wheel box, wiper drive gear, wiper motor, wiper switch, windshield wash pump, and washer jet. Some of the other components are the wiper blade, insulated strap, and small electrical-circuit components.
Covered in this report
The report covers the present scenario and the growth prospects of the global commercial vehicle wiper system market for 2017-2021. To calculate the market size, the report considers the sales volume of the wiper system used in commercial vehicles. The aftermarket sales volume of wiper system has been excluded from the scope of the report.
Browse full table of contents and data tables at https://www.marketresearchnest.com/global-commercial-vehicle-wiper-system-market-2017-2021.html
The market is divided into the following segments based on geography:
Technavio’s report, Global Commercial Vehicle Wiper System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Commercial Vehicle Wiper System Market 2017-2021
Technavio recognizes the following companies as the key players in the global commercial vehicle wiper system market: Robert Bosch, DENSO, DOGA, Federal-Mogul, and TRICO
Other Prominent Vendors in the market are: Valeo, Mitsuba, WEXCO Industries
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing adoption of rain sensing wipers. Rain sensor is used in wiper unit of the vehicle for automatic wiping. Rain sensing windshield wiper technology is based on the principle of total internal reflection. The sensor is placed at the center of the windshield, which will detect the rain water and switch on the motor of the wiper. The main component consisting the circuitry of the rain sensor wiper system is the sensor through which the output is fed to the microprocessor after processing the signal. The output of the processor is connected to a relay by a transistor. The transistor here works as a switch for turning on the wiper motor, which, in turn, will switch on the wiper system.”
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According to the report, one of the major drivers for this market is Gradual increase in electronic applications in commercial vehicles. The passenger cars segment is witnessing a high adoption of electronic components due to the growing demand for better navigation, safety, and comfort. In passenger cars, on an average, the cost of electronics as a percentage of total vehicles cost was around 21% in 2016, which is expected to grow to 29% by 2021. Similarly, commercial vehicles are also witnessing a gradual increase in the electronic components.
Further, the report states that one of the major factors hindering the growth of this market is Curvier windscreen is a hindrance to proper wiping. Truck manufacturing firms are constantly looking for enhancing the fuel economy, which has become the topmost priority for the OEMs. Improving thermodynamics is an important area where OEMs are looking upon to enhance the fuel economy. Thus, more aerodynamic windscreens having better curves are being designed. OEMs like Valeo are developing curvier windscreens, which can offer better aero dynamic properties. However, these pose a challenge for wiper systems as more curves lead to improper wiping.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;
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Mr. Jeet Jain