Palo Alto, California -Â New technology in wiper blades for automotive windscreens is changing the wiper system market in the replacement sector, according to a new report from Frost & Sullivan.
Increasing variety in designs and shapes, including increasing use of a third wiper on the rear screen, is driving the market, said the researchers.
Other factors affecting the business include the increasing variety in materials usage for blades, notably strong growth in silicone elastomers and the trend toward replacing a wiper with its arm as well as the rubber squeegee. This latter is strongly affected by the price of steel.
The report, North American Wiper Systems Aftermarket, reveals that the market earned revenues of $477.0 million in 2005 and projects to reach $731.6 million in 2012. In the publicity material Frost & Sullivan says, "Study F582 is an analysis of the North American Wiper Systems Aftermarket. The study sizes the market by units and revenues of market segments, analyzes the major participants and the factors contributing to the current state of the aftermarket. Forecasts for units and revenues are provided through to 2012."
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Home page of report at Frost & Sullivan