Industry: Automotive
Published Date: September-2024
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 161
Report ID: PMRREP33006
India automotive wipers market is estimated to increase from US$171.3 Mn in 2024 to US$279.3 Mn by 2031. The market is projected to record a CAGR of 7.2% during the forecast period from 2024 to 2031. The market in India is growing due to the expanding automobile sector and increasing consumer awareness of vehicle safety features. Manufacturers are using environment-friendly materials and integrating with ADAS features to enhance driving safety.
Key Highlights of the Market
|
Attributes |
Key Insights |
|
Market Size (2024E) |
US$171.3 Mn |
|
Projected Market Value (2031F) |
US$279.3 Mn |
|
Global Market Growth Rate (CAGR 2024 to 2031) |
7.2% |
|
Historical Market Growth Rate (CAGR 2019 to 2023) |
6.4% |
|
Region |
Market Share by 2024 |
|
West India |
31.8% |
West India, comprising states like Maharashtra and Gujarat has emerged as a stronghold in the country's automotive wiper market. The industry is expected to account for over 31.8% of the total market share by 2024. This regional dominance can be attributed to the significant vehicle part in the area driving the demand for replacement wiper blades and assemblies.
The presence of numerous automotive wiper manufacturing facilities in this region has further fueled consumption, as automakers leverage the localized supply chain to meet the growing needs of the domestic market. With the region's thriving automotive industry and consumer preference for advanced wiper technologies, the western states are poised to maintain their leading position in the India automotive wiper market in the years to come.
|
Region |
CAGR through 2031 |
|
South India |
7.3% |
South India automotive wiper market is poised for remarkable growth and projected to expand at a CAGR of 7.3% during the forecast period from 2024 to 2031. This promising trajectory is driven by the region's status as a prominent automotive manufacturing hub, with Chennai at the forefront.
The city accounts for a significant share of India's four-wheeler production, at 30.1% of the country's automobile industry and 35.2% of its automotive component sector. Additionally, the presence of specialized facilities like the Heavy Vehicles Factory in Avadi, which manufactures military vehicles, and the Combat Vehicles Research and Development Establishment, further underscores the region's importance in the automotive ecosystem.
This concentrated industrial activity is expected to fuel the demand for high-quality wiper systems, positioning South India as a key growth driver for the overall Indian automotive wiper market.
|
Category |
CAGR through 2031 |
|
Blade type - Flat Automotive Wipers |
7.7% |
India automotive wiper market is witnessing a surge in the adoption of flat automotive wipers, which are projected to expand at an impressive CAGR of 7.7% during the forecast period from 2024 to 2031. This growing preference for flat wipers can be attributed to their superior aerodynamic design, which reduces wind noise and optimizes pressure distribution along the blade's length.
The compact size of flat wipers ensures they do not obstruct the driver's field of vision making them a convenient and effective solution compared to traditional wiper designs. As automobilists in India increasingly recognize the advantages of flat wiper technology, this segment is poised to become a key growth driver for the country's overall automotive wiper market.
|
Category |
Market Revenue by 2024 |
|
Vehicle type - Passenger Cars |
US$124.1 Mn |
The passenger cars segment is poised to generate an impressive absolute dollar opportunity of over US$124.1 Mn in India automotive wiper market between 2024 and 2031. This growth is driven by the sustained expansion of the passenger vehicle industry fueled by improvements in the country's economic landscape.
The shift towards private transportation accelerated by the COVID-19 pandemic has further bolstered the demand for high-quality wiper systems in the passenger car segment. As consumers prioritize safety and convenience, the rising sales of passenger vehicles are expected to unlock a significant revenue stream for players operating in the India automotive wiper market over the next decade.
India automotive wiper market analysis shows a potential for growth. This industry encompasses manufacturers and supplies that manufacture windshield wiper systems for vehicles. These wiper systems play a crucial role in maintaining clear visibility for drivers by removing rain, snow, and other debris from the windshield.
The market includes original equipment manufacturers (OEMs) that supply wipers to automakers, as well as aftermarket suppliers that provide replacement wiper blades and assemblies.
The sector has witnessed steady growth in recent years driven by the expanding automobile sector and increasing consumer awareness of vehicle safety features. One of the key trends shaping this market is growing demand for advanced wiper technologies such as rain-sensing wipers, heated wipers, and multi-speed wiper systems.
Manufacturers are increasingly using environment-friendly materials to cater to the rising consumer preference for sustainable automotive components. As vehicles become more technologically sophisticated, automotive wiper systems are being integrated with ADAS features to enhance overall driving safety.
The increasing number of vehicles on Indian roads has led to a robust aftermarket for replacement wiper blades and assemblies. Further, investment in local production capabilities and exploring partnerships with global players strengthen the market position.
India automotive wiper market overview has shown continued growth over the past decade, driven by the expanding automotive industry and increasing consumer awareness of vehicle safety features. According to industry data, the market expanded at a CAGR of approximately 6.4% during the period from 2019 to 2023.
Market growth can be attributed to several key factors including the rising vehicle sales in India, which has emerged as one of the rapidly growing automotive markets globally. As vehicle sales have increased so has the demand for automotive wiper systems.
The Indian government's implementation of strict safety regulations such as mandatory fitment of advanced driver assistance systems (ADAS) has led automakers to prioritize the integration of high-quality wiper systems in their vehicles.
India automotive wiper market growth is poised for continued growth with industry experts projecting a CAGR of around 7.2% from 2024 to 2031. The key drivers of this future growth include the increasing adoption of premium wiper technologies, such as rain-sensing capabilities, heated wipers, and multi-speed systems, as consumers demand more advanced features that enhance driving visibility and comfort.
Additionally, the integration of wiper systems with ADAS features is expected to gain traction, further improving overall driving safety and comfort.
Domestic manufacturing capabilities are also expected to expand, as Indian wiper manufacturers invest in local production facilities and explore partnerships with global players. Furthermore, the focus on sustainability and eco-friendly initiatives is likely to create various India automotive wiper market opportunities, with manufacturers developing more sustainable products using eco-friendly materials.
Rising Vehicle Sales
The rapid growth of the Indian automotive industry, with increasing sales of passenger cars, commercial vehicles, and two-wheelers, is a major driver for the India automotive wiper market sales. As vehicle sales continue to rise, the demand for high-quality wiper systems that ensure clear visibility and driver safety has also grown significantly.
The expanding vehicle parc, coupled with the need for regular wiper replacements, presents a lucrative opportunity for wiper manufacturers to capitalize on the growing consumer base and strengthen their market presence across various vehicle segments in India.
Adoption of Advanced Wiper Technologies
Consumers in India are increasingly demanding premium wiper features, such as rain-sensing capabilities, heated wipers, and multi-speed systems, to enhance driving comfort and safety. This shift towards advanced wiper technologies is a key growth driver, as automakers integrate these sophisticated solutions to meet evolving customer preferences.
By offering innovative wiper systems that cater to the rising demand for enhanced driving experiences, manufacturers can differentiate their products and boost India's automotive wiper market revenue.
Integration with ADAS
The integration of automotive wiper systems with advanced driver assistance systems (ADAS) is an emerging trend that is expected to drive India automotive wiper market growth.
As vehicles become more technologically advanced, the integration of wiper systems with features like automatic rain detection and adaptive wiping patterns is gaining traction, improving overall driving safety and comfort. This convergence of wiper technology and ADAS presents a significant opportunity for players in the Indian market to develop cutting-edge solutions that align with the country's evolving mobility landscape.
Supply Chain Disruptions
The automotive industry, including the wiper market, has been significantly impacted by global supply chain disruptions, such as semiconductor shortages and logistical challenges. These disruptions have led to production delays, inventory shortages, and increased costs, which have hindered the market's ability to meet the growing demand for automotive wiper systems. The shortage of critical components and the inability to maintain a steady supply of wiper systems have been major obstacles for India automotive wiper market demand.
Lack of Standardization
The absence of clear industry standards and regulations for automotive wiper systems in India has been a challenge for the market. The lack of standardization makes it difficult for manufacturers to ensure consistent quality and performance, which can impact consumer confidence and adoption of advanced wiper technologies. This lack of standardization also creates barriers for smaller players to enter the market, as they may struggle to meet the varying requirements of different automakers. The absence of a unified regulatory framework has hindered the India automotive wiper market expansion.
Expansion into Aftermarket
The growing number of vehicles on Indian roads has led to a robust aftermarket for replacement wiper blades and assemblies. This presents a significant opportunity for both domestic and international players to expand their distribution networks and product offerings to cater to the increasing demand for high-quality aftermarket wiper solutions. By leveraging their expertise and brand recognition, players can capitalize on the aftermarket's growth potential and strengthen their market presence.
Sustainability and Eco-Friendly Initiatives
As environmental consciousness continues to rise among Indian consumers, there are several India automotive wiper market opportunities for manufacturers to develop and promote more sustainable and eco-friendly products. This could involve the use of recycled materials, biodegradable components, and energy-efficient manufacturing processes. By addressing the growing demand for environmentally friendly automotive parts, players in the Indian automotive wiper market can differentiate their offerings and align with the country's broader sustainability goals.
The India automotive wiper market is highly competitive, with both domestic and international players vying for market share. For example, a major global supplier of automotive components, Valeo, has strengthened its presence in the Indian market with the launch of its innovative AquaBlade wiper system in 2022. This advanced solution features a water-saving design and a sleek, aerodynamic profile to enhance visibility and fuel efficiency.
Recent Developments
|
Attributes |
Details |
|
Forecast Period |
2024 to 2031 |
|
Historical Data Available for |
2019 to 2023 |
|
Market Analysis |
US$ Billion for Value |
|
Key Country Covered |
|
|
Key Market Segments Covered |
|
|
Key Companies Profiled |
|
|
Report Coverage |
|
|
Customization & Pricing |
Available upon request |
By Blade Type
By Vehicle Type
By Region
To know more about delivery timeline for this report Contact Sales
The market is predicted to rise from US$171.3 Mn in 2024 to US$279.3 Mn by 2031.
Some of the leading companies in the market are Valeo SA, Robert Bosch GmbH, and Syndicate Wiper Systems Ltd.
Flat automotive wipers segment is leading and to reach a CAGR of 7.7% through 2031.
West India dominates the market and account for over 31.8% of the total market share by 2024.
The adoption of premium wiper technologies is a key trend in the market.
