DUBLIN, October 24, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Automotive Heated Wiper Blade System Aftermarket 2016-2020" report to their offering.
The global automotive heated wiper blade system aftermarket is forecast to grow at a CAGR of 13.75% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: that development of new all-weather proof wiper blade technology is one of the trends spurring growth for the market. Advancements in wiper blade technology are evident with the development of new systems that ensure clear visibility of the road ahead.
Designers and developers of automotive components are creating wiper blade systems that have quick response time and provide streak-free visibility during extreme weather conditions. One of the advanced heated wiper blade system consists of heated fluid within the blade frame, which is released to clear, streak-free view of the road ahead.
This technology offers optimum convenience when used on windshields with frozen ice and can also be used to seamlessly wipe out salt stains from a windshield. Thus, the use of all-weather proof wiper blade technology is a new trend that is expected to auger well for the growth of the market during the forecast period.
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.
- 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?
- Heat and Clean
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction PART 05: Market landscape
PART 06: Market segmentation by geography
PART 07: Key leading countries
PART 08: Market drivers
PART 09: Market challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
PART 14: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/g5zxgv/global_automotive
Research and Markets
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SOURCE Research and Markets