Report forecast the global automotive heated wiper blade
system aftermarket to grow at a CAGR of 13.75% during the period 2016-2020.
The automotive wiper blade system forms a fundamental part
of any kind of automobile. Although the system comes as a standard fitment with
every vehicle, it was invented many years after the invention of automobiles.
An American woman named Mary Anderson from Alabama is believed to have invented
the equipment. The idea struck her while she was travelling to New York city,
US, during winters in a trolley car and noticed that the driver had limited
visibility due to frost formation on the windshield.
The report covers the present scenario and the growth
prospects of the global automotive heated wiper blade system aftermarket for
2016-2020. To understand and calculate the global automotive heated wiper blade
system market size based on geography, a top-down approach is used, where the
market is derived from the overall automotive heated wiper blade system
application volume.
The market is divided into the following segments based
on geography:
- North America
- Europe and Russia
According to the report, emerging e-commerce trend is a key
driver aiding to the growth of this market. It has been more than a decade
since automotive e-commerce marketplace has helped make shopping for vehicular
parts easy. Over the years, the online marketplace has become competitive with
numerous players entering in the field, comprehensive product offering.
E-commerce in retailing of online automotive products has already gained
popularity and momentum with well-established players foraying into the arena.
In recent years, the automotive aftermarket has experienced significant digital
penetration across the world, especially in the west. The primary reason for
the increasing popularity of e-commerce websites is due to the availability of
do-it-yourself (DIY) products. Moreover, competitive pricing and home delivery
services are other important factors among customer's preference for online
purchasing.
Further, the report states that stringent government norms
and regulations is challenge the market is facing. Manufacturers of global
automotive heated wiper blade systems in the aftermarket in various countries
are subject to various laws and government regulations. Companies have to
comply with various business and investment approval processes, and adhere to
import and export regulations. They also have to adhere to regulations related
to commerce, antitrust, patents, consumer rights, taxation, foreign exchange,
environmental conservation, recycling, and safety. Regulatory changes can have
a detrimental effect on the financial condition of a company and its
performance. A significant amount of capital is also spent on complying with
these regulations. Therefore, failure to generate sufficient sales to recover
this investment could adversely affect a company's performance.
Global Automotive Heated Wiper Blade System Aftermarket
2016-2020, 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.
key players in the global automotive heated wiper blade
system aftermarket: Tinsin, BeRoadSmart, Thermalblade, Everblades, and Heat and
Clean.
Other Prominent Vendors in the market are: Heatflexx
Market driver
- Low cost of wiper blade system and installation
- For a full, detailed list, view our report
Market challenge
- Shorter product shelf life and presence of transmission motor
- For a full, detailed list, view our report
Market trend
- Development of new all-weather proof wiper blade technology
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 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?
Spanning over 47 pages and 19 Exhibits “Global
Automotive Heated Wiper Blade System Aftermarket 2016 - 2020” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
landscape, Market segmentation by geography, Key leading countries, Market
drivers, Market challenges, Market trends, Vendor landscape, Key vendor
analysis, Appendix.
For
more information Visit at: http://mrr.cm/3g7
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