https://www.marketsandmarkets.com/requestsampleNew.asp?id=178759013
Europe: Largest Regional Segment
The wiper motor aftermarket has been segmented into Europe, North America, Asia-Pacific, and Rest of
the World (RoW). Europe is estimated to lead the Wiper Motor Aftermarket. According to Organisation
Internationale des Constructeurs d'Automobiles (OICA), European vehicles sales were approximately 19
million units in 2015-an increase of 2.4% from 2014. The increase in vehicle sales will create potential
aftermarket in the near future. The average age of the vehicle fleet in Europe is approximately 8-9 years,
because the owner's held on their vehicle for longer duration. Approximately 55-60% of passenger cars
in Europe are older than 5 years, these vehicles are subjected to adverse condition and need regular
maintenance. The need for regular maintenance widens the target aftermarket which acts as driver for
the Wiper Motor Aftermarket.
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