Albany, NY (PRWEB) February 21, 2015
The research report talks about the present market scenario and its effect on the future of the market for wiper systems in the APAC region.
The market study, titled “Wiper Systems Market in the APAC Region 2015-2019”, offers an informative report; having in-depth analysis of past performances, current trends, and future prospects of the wiper systems market across the Asia Pacific region.
The wiper systems market has been estimated to grow at a compound annual growth rate of 6.2% from 2014 to 2019. It is primarily driven by technical advancement, strong replacement demand, and continuous increase in automotive production in the developing economies in the APAC region. The importance of driver visibility is a crucial factor that is triggering the wiper systems market in APAC region.
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In addition to poor vehicular lighting and bad weather conditions such as dew, rain, storms, and snow, windshields covered in dust are often a cause for inadequate visibility. The alarming occurrence of traffic accidents and fatalities emphasizes on the severe necessity to power up the driver through improvement in advanced security technologies that aid in enhancing the visibility of the driver.
Automotive wiper systems include six major components: windshield wash pump, wiper wheel box, wiper drive gear, wiper motor, washer jet, and wiper switch. Some of the other components of the automotive wiper systems are the insulated strap, wiper blade, and small electrical-circuit parts.
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High quality, compact design, comfort, and ease of deployment and usage are some of the main factors that act as the growth drivers for the wiper systems market in the APAC region. However, the absolute diversity in automobiles being manufactured has caused producers of wiper systems to develop a broad array of solutions to go with a number of automotive design styles.
The efforts of wiper systems manufacturers to spread awareness and introduce products that can alert the vehicle owners when the wiper blades need to be replaced, will especially push the market prospects ahead for the wiper systems market in the APAC region. In addition to this, the huge market for rear wiper blade replacements that has been left untapped, also presents an opportunity-rich market for wiper systems in the APAC region in the near future.
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The research report discusses the current conditions and development prospects of the wiper systems market in the APAC region during the period of 2015 to 2019. To compute the market size, the report considers the revenue garnered through the sales of wiper systems in the entire APAC region, including the complete range of wiper systems existing in this regional market.
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