MRC Announces the Publication of its Research Report – Global Automotive Wiper Motors Market 2017-2021
MRC recognizes the following companies as the key players in the global automotive wiper motors market: ACDelco, Bosch, DENSO, MABUCHI MOTOR, and Valeo.
Other Prominent Vendors in the market are: AM Equipment, ASMO, Cardone Industries, Johnson Electric, MagnetiMarelli, and Trico.
Commenting on the report, an analyst from MRC’s team said: “One trend in the market is growing auto component imports by European auto manufacturers. In 2016, 94.3 million units of vehicles were produced globally, with Europe having a market share of 23.46%. Europe showed the largest growth and Germany was the largest vehicle manufacturer in Europe. The Czech Republic and Poland also showed high growth rates within the sector.”
Get sample copy of this report @https://marketreportscenter.com/request-sample/568102
According to the report, one driver in the market is emerging demand for rain sensing wiper system. The automotive industry is experiencing a growth in demand for rain sensing wipers. These wiper units have rain sensors, which automatically start operating on sensing rain. The rain sensing windshield wiper technology uses the principle of total internal reflection. The amount of light returning to the sensor is dependent on the amount of water on the windshield. The reduced amount of light returning to the sensor during downpour automatically switches on the wipers. Additionally, the sensor also controls the speed of the wipers according to the intensity of the rain.
Further, the report states that one challenge in the market is low profitability due to highly competitive and un-organized market. The automotive and automotive component industries are witnessing lower margins mainly due to the intense competition that has been building up since 1986. The increasing share of Japanese automakers in the market poses a stiff competition for the US automotive industry. Such a highly competitive scenario makes it challenging for companies to raise their product prices even though the raw material prices are high. A small increase in input prices due to the high operating leverage adversely affects the margins by a significant percentage. The automotive industry is highly cyclical and mature. Consumers focus on vehicle prices, comfort, performance, style, and fuel economy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Check Discount on Report @ https://marketreportscenter.com/request-discount/568102
About Market Reports Center;
Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.
Market Reports Center currently has more than 4,00,000 plus titles and 50+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
Email: info@marketreportscenter.com
Website: https://marketreportscenter.com
MRC recognizes the following companies as the key players in the global automotive wiper motors market: ACDelco, Bosch, DENSO, MABUCHI MOTOR, and Valeo.
Other Prominent Vendors in the market are: AM Equipment, ASMO, Cardone Industries, Johnson Electric, MagnetiMarelli, and Trico.
Commenting on the report, an analyst from MRC’s team said: “One trend in the market is growing auto component imports by European auto manufacturers. In 2016, 94.3 million units of vehicles were produced globally, with Europe having a market share of 23.46%. Europe showed the largest growth and Germany was the largest vehicle manufacturer in Europe. The Czech Republic and Poland also showed high growth rates within the sector.”
Get sample copy of this report @https://marketreportscenter.com/request-sample/568102
According to the report, one driver in the market is emerging demand for rain sensing wiper system. The automotive industry is experiencing a growth in demand for rain sensing wipers. These wiper units have rain sensors, which automatically start operating on sensing rain. The rain sensing windshield wiper technology uses the principle of total internal reflection. The amount of light returning to the sensor is dependent on the amount of water on the windshield. The reduced amount of light returning to the sensor during downpour automatically switches on the wipers. Additionally, the sensor also controls the speed of the wipers according to the intensity of the rain.
Further, the report states that one challenge in the market is low profitability due to highly competitive and un-organized market. The automotive and automotive component industries are witnessing lower margins mainly due to the intense competition that has been building up since 1986. The increasing share of Japanese automakers in the market poses a stiff competition for the US automotive industry. Such a highly competitive scenario makes it challenging for companies to raise their product prices even though the raw material prices are high. A small increase in input prices due to the high operating leverage adversely affects the margins by a significant percentage. The automotive industry is highly cyclical and mature. Consumers focus on vehicle prices, comfort, performance, style, and fuel economy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Check Discount on Report @ https://marketreportscenter.com/request-discount/568102
About Market Reports Center;
Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.
Market Reports Center currently has more than 4,00,000 plus titles and 50+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
Email: info@marketreportscenter.com
Website: https://marketreportscenter.com
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