Global Automotive Wiper Motors Market to Reach 118.2 Million Units by 2027
Amid the COVID-19 crisis, the global market for Automotive Wiper Motors estimated at 97.1 Million Units in the year 2020, is projected to reach a revised size of 118.2 Million Units by 2027, growing at a CAGR of 2.8% over the period 2020-2027.
The U.S. Market is Estimated at 26.3 Million Units, While China is Forecast to Grow at 5.3% CAGR
The Automotive Wiper Motors market in the U.S. is estimated at 26.3 Million Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 24 Million Units by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.We bring years of research experience to this 6th edition of our report. The 137-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- AM Equipment
- ASMO Czech s.r.o.
- Bosch Mobility Solutions
- Cardone Industries, Inc.
- Denso Corporation
- Johnson Electric Holdings Ltd.
- Mabuchi Motor Co., Ltd.
- Magneti Marelli SpA
- Trico Products Corporation
- Valeo SA