Market Trends of Automotive Wiping Systems Industry
This section covers the major market trends shaping the Automotive Wiping Systems Market according to our research experts:
Advancing Various Wiper Technologies are Expected to Drive the Market
All the cars plying on the road come with at least a windshield wiper, for which it is a bare necessity. With the advancing technology, many players are coming up with new technology to reduce the drivers' input. For instance, many carmakers have started incorporating automatic wipers or rain-sensing wipers in their vehicles.
With that, many luxury carmakers have developed a new wiper technology that incorporates the water dispensing nozzle into the wiper blades. This aids in the better cleaning of the windshield while eliminating the vision impaired due to the water spray through conventional nozzles on the bonnet.
For Instance, since 2017, many cars from Mercedes Benz come equipped with this new wiper technology which the company calls MAGIC VISION CONTROL.
According to data from the China Automobile Dealers Association, China's luxury vehicle sales in the first 11 months of the year 2021 exceeded 2 million units with a year-on-year increase of over 5%. This also marked the third consecutive year for luxury brands to register growth in the wake of downward pressure in China's overall automotive market.
Earlier automatic wipers were a feature that was limited to luxury cars, but now many affordable and mainstream cars come equipped with these features. These rain-sensing wipers use a combination of the light sensor and a motor to operate the wipers.
Hence, to have an upper hand over their rivals, many carmakers across the globe offer automatic wipers in their mid to top-tier variants of the vehicles. For instance, In March 2022, Ford launched its compact Hatchback Focus in the United Kingdom. The car features rain-sensing wipers in the mid and the top Titanium trims.
Hence, with the rising demand for passengers cars and luxury vehicles, in many countries, the demand for automatic wipers and other technologies is anticipated to also grow.
Asia-Pacific Region Is Anticipated to Dominate The Market in the Forecast Period
In the Asia-Pacific region, China embraces a significant share in the automotive wiping systems market share due to their higher sales of vehicles. This can be accredited to their growing population which is providing for the growth in vehicle sales.
Due to the high demand for automobiles in China and Japan, these nations are leading the Asia-Pacific automotive airbag market. More than 21 million passenger cars have been sold in China, which currently leads the world in vehicle sales.
Additionally, India being an emerging economy, has significant demand for automotive wiping systems due to the rising sales of passenger cars including electric vehicles. In 2019, 3.8 million units of passenger cars were sold out of which, nearly 6,000 were battery electric passenger cars. Further, when compared to 2020, the number of battery electric cars sold have increased by 110% in 2021.
Hence owing to the rising demand for passenger cars and battery electric vehicles in the entire Asia-Pacific region, the automotive wiping systems market is expected to grow in the forecast period.
