HOME Top Market Reports Rear-View Mirror Market for Automotive by Product (Conventional and Smart), Feature (Auto dimming, BSD, Power Control, Automatic Foldable, Heated, Indicator), Type, Mounting Location, Vehicle Type, and Region - Global Forecast to 2022

Rear-View Mirror Market for Automotive by Product (Conventional and Smart), Feature (Auto dimming, BSD, Power Control, Automatic Foldable, Heated, Indicator), Type, Mounting Location, Vehicle Type, and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: August 2017
Report Code: AT 5510

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The rear-view mirror market for automotive was estimated to be USD 9.53 Billion in 2016 and is projected to grow at a CAGR of 5.39% during the forecast period. The base year for the report is 2016 and the forecast period is 2017 to 2022. The rear-view mirror market for automotive is primarily driven by the increasing awareness about vehicle and passenger safety. Additionally, the trend of integrating additional features in automotive mirrors has led to a rise in demand for rear-view mirrors. OEMs have launched new variants in mirrors with advanced features for driver assistance.

Objectives of the Study:

  • To define, describe, and project the rear-view mirror market for automotive on the basis of product (conventional mirrors and smart rear-view mirrors)
  • To define, describe, and project the rear-view mirror market for automotive on the basis of type of mirror (exterior mirrors and interior mirrors)
  • To define, describe, and project the rear-view mirror market for automotive on the basis of feature (auto dimming, automatic foldable, blind spot detection, heated, power control, turn signal indicator, and others)
  • To identify the market dynamics including drivers, restraints, opportunities, and challenges and analyze their impact on the automotive rear-view mirror market
  • To analyze the competitive leadership map for the key players based on their strength of product offerings and business strategies to identify the dynamic differentiators, innovators, visionary leaders, and emerging companies in the automotive rear-view mirror market

The research methodology used in the report involves primary and secondary sources and follows a bottom-up approach for the purpose of data triangulation. The study involves country-level OEM and model-wise analysis of rear-view mirror market in various vehicle types. This analysis involves historical trends as well as existing penetrations by country as well as vehicle type. The analysis is projected based on various factors such as growth trends in vehicle production, regulations about the minimum number of rear-view mirrors to be installed in various type of vehicles, and technological advancements in various countries, among others. The analysis has been discussed and validated with primary respondents, which include experts from the rear-view mirror industry, manufacturers, and suppliers. Secondary sources include associations such as International Organization of Motor Vehicle Manufacturers (OICA), American Association of Motor Vehicle Administrators (AAMVA), Automotive Component Manufacturers Association of India (ACMA), and paid databases and directories such as Factiva and Bloomberg.

The figure below illustrates the break-up of the profile of industry experts who participated in primary discussions.

Rear-View Mirror Market for Automotive

To know about the assumptions considered for the study, download the pdf brochure

Target Audience

  • Automotive rear-view mirror manufacturers and component suppliers
  • Distributors and suppliers of automotive mirrors
  • Automotive OEMs
  • Industry associations and other driver assistance systems manufacturers
  • The automobile industry and related end-user industries

Scope of the Report

  • Rear-view Mirror Market for Automotive, By Type
    • Exterior Rear-view Mirror
    • Interior Rear-view Mirror
  • Rear-view Mirror Market for Automotive, By Features
    • Auto Dimming
    • Blind Spot Detection
    • Power Control
    • Automatic Foldable
    • Heated
    • Turn Signal Indicator
    • Others
  • Rear-view Mirror Market for Automotive, By Product
    • Conventional Rear-view Mirror
    • Smart Rear-view Mirror
  • Rear-view Mirror Market for Automotive, By Mounting Location
    • Body Mounted
    • Door Mounted
  • Rear-view Mirror Market for Automotive, By Vehicle Type
    • Passenger Cars
    • Light Commercial Vehicles
    • Trucks
    • Buses
  • Rear-view Mirror Market for Automotive, By Region
    • Asia-Pacific (China, Japan, South Korea, and India)
    • Europe (Germany, France, U.K., and Italy)
    • North America (U.S., Mexico, and Canada)
    • Rest of the World (Brazil, Russia, and South Africa)

Available Customizations

  • Trucks and Buses Rear-view Mirror Market for Automotive, By Country
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • India
    • Europe
      • Germany
      • France
      • U.K.
      • Italy
    • North America
      • U.S.
      • Mexico
      • Canada
    • Rest of the World
      • Russia
      • Brazil
  • Rear-view Mirror Market for Automotive, By Component & Region

    (Region includes Asia Pacific, Europe, North America, and Rest of the World)

    • Mounting Base
    • Power Fold Unit
    • Body Shell
    • Mirror Glass
    • Others

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
    2.4 Factor Analysis
           2.4.1 Introduction
           2.4.2 Demand-Side Analysis
                    2.4.2.1 Growing Vehicle Production
           2.4.3 Supply-Side Analysis
                    2.4.3.1 Focus on Safety and Convenience Features in Vehicles
    2.5 Market Size Estimation
           2.5.1 Bottom-Up-Approach
           2.5.2 Market Breakdown & Data Triangulation
           2.5.3 Assumptions

3 Executive Summary (Page No. - 32)
    3.1 Introduction
           3.1.1 Rear-View Mirror Market for Automotive, By Region
           3.1.2 Rear-View Mirror Market for Automotive, By Product
           3.1.3 Rear-View Mirror Market for Automotive, By Vehicle Type
           3.1.4 Rear-View Mirror Market for Automotive, By Type
           3.1.5 Rear-View Mirror Market for Automotive, By Mounting Location

4 Premium Insights (Page No. - 38)
    4.1 Attractive Opportunities in the Rear-View Mirror Market for Automotive
    4.2 Share of the Rear-View Mirror Market for Automotive, By Region & Vehicle Type
    4.3 Rear-View Mirror Market for Automotive, By Type
    4.4 Rear-View Mirror Market for Automotive, By Feature
    4.5 Rear-View Mirror Market for Automotive, By Product
    4.6 Rear-View Mirror Market for Heavy Commercial, By Mounting Location
    4.7 Rear-View Mirror Market for Automotive, By Region

5 Market Overview (Page No. - 43)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Smart Rear-View Mirror: Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Awareness About Vehicle and Passenger Safety
                    5.3.1.2 Trend of Integrating Additional Features
                    5.3.1.3 Rising Demand for Premium Segment Vehicles
           5.3.2 Restraints
                    5.3.2.1 High Replacement Cost of Smart Rear-View Mirror
           5.3.3 Opportunities
                    5.3.3.1 Integration of Infotainment and Navigation Applications
           5.3.4 Challenges
                    5.3.4.1 Regulations Pertaining to Rear-View Mirror
    5.4 Porter’s Five Forces Analysis
           5.4.1 Threat of New Entrants
           5.4.2 Threat of Substitutes
           5.4.3 Bargaining Power of Suppliers
           5.4.4 Bargaining Power of Buyers
           5.4.5 Intensity of Competitive Rivalry

6 Technological Overview (Page No. - 55)
    6.1 Introduction
    6.2 Current Technologies in the Rear-View Mirror Market for Automotive
           6.2.1 Exterior Rear-View Mirrors
           6.2.2 Interior Rear-View Mirrors

7 Rear-View Mirror Market for Automotive, By Type (Page No. - 58)
    7.1 Introduction
           7.1.1 Rear-View Mirror Market for Automotive, By Type
           7.1.2 Exterior Mirror: Rear-View Mirror Market for Automotive, By Region
           7.1.3 Interior Mirror: Rear-View Mirror Market for Automotive, By Region

8 Rear-View Mirror Market for Automotive, By Product (Page No. - 63)
    8.1 Introduction
           8.1.1 Rear-View Mirror Market for Automotive, By Product
           8.1.2 Asia-Pacific: Rear-View Mirror Market for Automotive, By Product
           8.1.3 Europe: Rear-View Mirror Market, By Product
           8.1.4 North America: Rear-View Mirror Market, By Product
           8.1.5 The Rest of the World: Rear-View Mirror Market, By Product

9 Rear-View Mirror Market for Automotive, By Feature (Page No. - 70)
    9.1 Introduction
           9.1.1 Rear-View Mirror Market for Automotive, By Feature
           9.1.2 Auto-Dimming: Rear-View Mirror Market for Automotive
           9.1.3 Blind Spot Detection: Rear-View Mirror Market for Automotive
           9.1.4 Power Control: Rear-View Mirror Market for Automotive
           9.1.5 Automatic Folding: Rear-View Mirror Market for Automotive
           9.1.6 Heating: Rear-View Mirror Market for Automotive
           9.1.7 Turn Signal Indicators: Rear-View Mirror Market for Automotive
           9.1.8 Others: Rear-View Mirror Market for Automotive

10 Rear-View Mirror Market for Automotive, By Vehicle Type (Page No. - 77)
     10.1 Introduction
             10.1.1 Rear-View Mirror Market for Automotive, By Vehicle Type
             10.1.2 Light Commercial Vehicles: Rear-View Mirror Market for Automotive, By Region
             10.1.3 Passenger Cars: Rear-View Mirror Market for Automotive, By Region
             10.1.4 Trucks: Rear-View Mirror Market for Automotive, By Region
             10.1.5 Buses: Rear-View Mirror Market for Automotive, By Region

11 Rear-View Mirror Market for Automotive, By Region (Page No. - 84)
     11.1 Introduction
             11.1.1 Rear-View Mirror Market for Automotive, By Region
     11.2 Asia-Pacific
             11.2.1 Asia-Pacific: Rear-View Mirror Market for Automotive, By Country
             11.2.2 China: Rear-View Mirror Market for Automotive
             11.2.3 India: Rear-View Mirror Market for Automotive
             11.2.4 Japan: Rear-View Mirror Market for Automotive
             11.2.5 South Korea: Rear-View Mirror Market for Automotive
             11.2.6 The Rest of Asia-Pacific: Rear-View Mirror Market for Automotive, By Type
     11.3 Europe
             11.3.1 Europe: Rear-View Mirror Market for Automotive, By Country
             11.3.2 France: Rear-View Mirror Market for Automotive
             11.3.3 Germany: Rear-View Mirror Market for Automotive
             11.3.4 Italy: Rear-View Mirror Market for Automotive
             11.3.5 U.K.: Rear-View Mirror Market for Automotive
             11.3.6 Rest of Europe: Rear-View Mirror Market for Automotive, By Type
     11.4 North America
             11.4.1 North America: Rear-View Mirror Market for Automotive, By Country
             11.4.2 Canada: Rear-View Mirror Market for Automotive
             11.4.3 Mexico: Rear-View Mirror Market for Automotive
             11.4.4 U.S.: Rear-View Mirror Market for Automotive
     11.5 The Rest of the World
             11.5.1 Rest of the World: Rear-View Mirror Market for Automotive, By Country
             11.5.2 Brazil: Rear-View Mirror Market for Automotive
             11.5.3 Russia: Rear-View Mirror Market for Automotive
             11.5.4 South Africa: Rear-View Mirror Market for Automotive

12 Competitive Landscape (Page No. - 110)
     12.1 Introduction
             12.1.1 Visionary Leaders
             12.1.2 Innovators
             12.1.3 Dynamic Differentiators
             12.1.4 Emerging Companies
     12.2 Strength of Product Portfolio
     12.3 Business Strategy Excellence

*Top 15 Companies Analyzed for This Study are – Gentex Corporation, Samvardhana Motherson Reflectec, Magna International Inc., Ficosa International S.A.,Continental AG, Murakami Corporation, Ichikoh Industries, Ltd., Mitsuba Corporation, Tokai Rika Co., Ltd., Mobvoi, Inc., SL Corporation, Honda Lock Mfg. Co., Ltd., Ishizaki Honten Co., Ltd., Flabeg Automotive Holding GmbH, Sakae Riken Kogyo Co., Ltd.

13 Market Ranking (Page No. - 114)

14 Company Profiles (Page No. - 115)
(Company Overview, Strength of Product Portfolio, Product Offerings, Business Strategy Excellence, Recent Developments)*
     14.1 Gentex Corporation
     14.2 Samvardhana Motherson Reflectec
     14.3 Magna International, Inc.
     14.4 Ficosa International SA
     14.5 Continental AG
     14.6 Murakami Corporation
     14.7 Ichikoh Industries, Ltd.
     14.8 Mitsuba Corporation
     14.9 Tokai Rika Co., Ltd.
     14.10 Mobvoi, Inc.
     14.11 SL Corporation
     14.12 Honda Lock Mfg. Co., Ltd.
     14.13 Ishizaki Honten Company Limited
     14.14 Flabeg Automotive Holding GmbH
     14.15 Sakae Riken Kogyo Co., Ltd.

*Details on Company Overview, Strength of Product Portfolio, Product Offerings, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 161)
     15.1 Insights of Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.4 Introducing RT: Real Time Market Intelligence
     15.5 Available Customizations
             15.5.1 Rear-View Mirror Market for Automotive, By Component & Region
                        15.5.1.1 Mounting Base
                        15.5.1.2 Power Fold Unit
                        15.5.1.3 Body Shell
                        15.5.1.4 Mirror Glass
                        15.5.1.5 Others
             15.5.2 Truck & Bus Rear-View Mirror Market for Automotive, By Country
                        15.5.2.1 Asia-Pacific
                                     15.5.2.1.1 China
                                     15.5.2.1.2 Japan
                                     15.5.2.1.3 South Korea
                                     15.5.2.1.4 India
                        15.5.2.2 Europe
                                     15.5.2.2.1 Germany
                                     15.5.2.2.2 France
                                     15.5.2.2.3 U.K.
                                     15.5.2.2.4 Spain
                        15.5.2.3 North America
                                     15.5.2.3.1 U.S.
                                     15.5.2.3.2 Mexico
                                     15.5.2.3.3 Canada
                        15.5.2.4 Rest of the World
                                     15.5.2.4.1 Russia
                                     15.5.2.4.2 Brazil
             15.5.3 Company Information
                        15.5.3.1 Detailed Analysis and Profiling of Additional Market Players (Up to 5)
     15.6 Related Reports
     15.7 Author Details


List of Tables (79 Tables)

Table 1 Currency Exchange Rates
Table 2 Luxury Passenger Car Sales of Key Manufacturers in China, India, Germany, & U.K., 2014–2015
Table 3 Porter’s Five Forces Analysis
Table 4 Rear-View Mirror Market for Automotive, By Type, 2015–2022 (‘000 Units)
Table 5 Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 6 Exterior Mirror: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (‘000 Units)
Table 7 Exterior: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (USD Million))
Table 8 Interior: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (‘000 Units)
Table 9 Interior: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (USD Million)
Table 10 Rear-View Mirror Market for Automotive, By Product, 2015–2022 (’000 Units)
Table 11 Rear-View Mirror Market for Automotive, By Product, 2015–2022 (USD Million)
Table 12 Asia-Pacific: Rear-View Mirror Market for Automotive, By Product, 2015–2022 (’000 Units)
Table 13 Asia-Pacific: Rear-View Mirror Market, By Product, 2015–2022 (USD Million)
Table 14 Europe: Rear-View Mirror Market, By Product, 2015–2022 (’000 Units)
Table 15 Europe: Rear-View Mirror Market, By Product, 2015–2022 (USD Million)
Table 16 North America: Rear-View Mirror Market, By Product, 2015–2022 (’000 Units)
Table 17 North America: Rear-View Mirror Market, By Product, 2015–2022 (USD Million)
Table 18 The Rest of the World: Rear-View Mirror Market, By Product, 2015–2022 (’000 Units)
Table 19 The Rest of the World: Rear-View Mirror Market, By Product, 2015–2022 (USD Million)
Table 20 Rear-View Mirror Market for Automotive, By Feature, 2015–2022 (’000 Units)
Table 21 Auto-Dimming: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 22 Blind Spot Detection: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 23 Power Control: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 24 Automatic Folding: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 25 Heating: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 26 Turn Signal Indicators: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 27 Others: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 28 Rear-View Mirror Market for Automotive, By Vehicle Type, 2015–2022 (’000 Units)
Table 29 Rear-View Mirror Market for Automotive, By Vehicle Type, 2015–2022 (USD Million)
Table 30 Light Commercial Vehicles: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 31 Light Commercial Vehicles: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (USD Million)
Table 32 Passenger Cars: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 33 Passenger Cars: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (USD Million)
Table 34 Trucks: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 35 Trucks: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (USD Million)
Table 36 Buses: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 37 Buses: Rear-View Mirror Market for Automotive, By Region, 2015–2022 (USD Million)
Table 38 Rear-View Mirror Market for Automotive, By Region, 2015–2022 (’000 Units)
Table 39 Rear-View Mirror Market for Automotive, By Region, 2015–2022 (USD Million)
Table 40 Asia-Pacific: Rear-View Mirror Market for Automotive, By Country, 2015–2022 (’000 Units)
Table 41 Asia-Pacific: Rear-View Mirror Market for Automotive, By Country, 2015–2022 (USD Million)
Table 42 China: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 43 China: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 44 India: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 45 India: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 46 Japan: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 47 Japan: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 48 South Korea: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 49 South Korea: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 50 The Rest of Asia-Pacific: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 51 The Rest of Asia-Pacific: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 52 Europe: Rear-View Mirror Market for Automotive, By Country, 2015–2022 (’000 Units)
Table 53 Europe: Rear-View Mirror Market for Automotive, By Country, 2015–2022 (USD Million)
Table 54 France: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 55 France: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 56 Germany: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 57 Germany: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 58 Italy: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 59 Italy: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 60 U.K.: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 61 U.K.: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 62 Rest of Europe: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 63 Rest of Europe: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 64 North America: Rear-View Mirror Market for Automotive, By Country, 2015–2022 (’000 Units)
Table 65 North America: Rear-View Mirror Market for Automotive, By Country, 2015–2022 (USD Million)
Table 66 Canada: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 67 Canada: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 68 Mexico: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 69 Mexico: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 70 U.S.: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 71 U.S.: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 72 Rest of the World: Rear-View Mirror Market for Automotive, By Country, 2015–2022 (’000 Units)
Table 73 Rest of the World: Rear-View Mirror Market for Automotive, By Country, 2015–2022 (USD Million)
Table 74 Brazil: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 75 Brazil: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 76 Russia: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 77 Russia: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)
Table 78 South Africa: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (’000 Units)
Table 79 South Africa: Rear-View Mirror Market for Automotive, By Type, 2015–2022 (USD Million)


List of Figures (47 Figures)

Figure 1 Rear-View Mirror Market for Automotive: Research Design
Figure 2 Research Design Model
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Growing Vehicle Production & Sales to Drive the Rear-View Mirror Market for Automotive
Figure 5 Rear-View Mirror Market for Automotive, By Type: Bottom-Up Approach
Figure 6 Data Triangulation
Figure 7 Asia-Pacific to Be the Largest Market of the Rear-View Mirror Market for Automotive, 2017 vs 2022
Figure 8 Smart Rear-View Mirror is the Fastest Growing Segment in the Rear-View Mirror Market for Automotive, 2017 vs 2022
Figure 9 Passenger Vehicle to Constitute the Largest Segment of the Rear-View Mirror Market for Automotive, By Vehicle Type, 2017 vs 2022
Figure 10 Exterior Mirror to Dominate the Rear-View Mirror Market for Automotive, 2017 vs 2022
Figure 11 Door Mounted Segment is Expected to Lead the Rear-View Mirror Market for Automotive, 2017
Figure 12 Growing Vehicle Production & Increasing Awareness About Safety to Drive the Rear-View Mirror Market for Automotive in the Next Five Years
Figure 13 Asia-Pacific to Hold the Largest Share in the Rear-View Mirror Market for Automotive in 2017, (Value)
Figure 14 Exterior Mirror Segment is Expected to Have the Largest Market Size During the Forecast Period, (Value)
Figure 15 Power Control Feature is Expected to Have the Largest Market Size During the Forecast Period, (Volume)
Figure 16 Conventional Rear-View Mirror is Expected to Have the Largest Market Size During the Forecast Period, (Value)
Figure 17 Door Mounted Rear-View Mirror is Expected to Have the Largest Market Size During the Forecast Period, (Value)
Figure 18 Asia-Pacific is Expected to Hold the Largest Market Share, 2017 vs 2022 (Value)
Figure 19 Smart Rear-View Mirror Market: Market Dynamics
Figure 20 Road Traffic Death Rates, Per 1,00,000 Population, 2015
Figure 21 Porter’s Five Forces Analysis: Presence of Established Global Players Increases the Degree of Competition
Figure 22 Threat of New Entrants to Have A Medium Impact on the Smart Rear-View Mirror Market
Figure 23 Threat of Substitutes to Have A Low Impact on the Smart Rear-View Mirror Market
Figure 24 Bargaining Power of Suppliers to Have A Medium Impact on the Smart Rear-View Mirror Market
Figure 25 Bargaining Power of Buyers to Have A Medium Impact on the Smart Rear-View Mirror Market
Figure 26 Intensity of Competitive Rivalry to Have A Medium Impact on the Smart Rear-View Mirror Market
Figure 27 Technological Evolution of Rear-View Mirrors
Figure 28 Rear-View Mirror Market for Automotive, By Type, 2017 vs 2022 (Million Units)
Figure 29 Rear-View Mirror Market for Automotive, By Product, 2017 vs 2022 (Million Units)
Figure 30 Rear-View Mirror Market for Automotive, By Feature, 2017 vs 2022 (’000 Units)
Figure 31 Rear-View Mirror Market for Automotive, By Vehicle Type, 2017 vs 2022 (Million Units)
Figure 32 Rear-View Mirror Market for Automotive, By Region, 2017 (USD Million)
Figure 33 Asia-Pacific: Rear-View Mirror Market for Automotive Snapshot
Figure 34 North America: Rear-View Mirror Market for Automotive Snapshot
Figure 35 Smart Rear-View Mirror Market: Competitive Leadership Mapping, 2017
Figure 36 Rear-View Mirror for Automotive Market Ranking, 2017
Figure 37 Gentex Corporation: Company Snapshot
Figure 38 Samvardhana Motherson Reflectec: Company Snapshot
Figure 39 Magna International, Inc.: Company Snapshot
Figure 40 Ficosa International SA: Company Snapshot
Figure 41 Continental AG: Company Snapshot
Figure 42 Murakami Corporation: Company Snapshot
Figure 43 Ichikoh Industries, Ltd.: Company Snapshot
Figure 44 Mitsuba Corporation: Company Snapshot
Figure 45 Tokai Rika Co., Ltd.: Company Snapshot
Figure 46 SL Corporation: Company Snapshot
Figure 47 Sakae Riken Kogyo Co., Ltd.: Company Snapshot

The rear-view mirror market for automotive is projected to grow at a CAGR of 5.39% from 2017 to 2022, to reach a market size of USD 12.97 Billion by 2022. Increasing awareness about vehicle and passenger safety is expected to drive the demand for the automotive rear-view mirror. The safety of passengers and vehicles has become the prime concern for vehicle buyers. According to the Global status report on road safety 2015, more than 1.2 Million road traffic deaths occur each year globally. To reduce these accidents, OEMs are integrating different safety features in the automotive mirror. This integration of safety features is expected to drive the automotive rear-view mirror market.

Blind spot detection is estimated to be the fastest growing automotive mirror feature globally, in terms of volume. Blind spot detection system detects the distance and closing speed of objects in adjacent lanes. It also alerts the driver if a collision is imminent. The growth of this segment can be attributed to its ability to prevent blind spot accidents. However, the power control feature of the mirror is estimated to dominate the automotive rear-view mirror market. The driver can control the mirror without any manual effort.

The smart rear-view mirror is estimated to be the fastest growing product of the automotive rear-view mirror market. On the other hand, the conventional rear-view mirror is estimated to be the largest market. The market for smart rear-view mirror is in the high growth stage. Leading OEMs are adding new features in the rear-view mirror and are adopting smart rear-view mirror to gain competitive advantage. While the interior mirror market is estimated to grow at the fastest pace, the exterior mirror has the largest market size. In the interior mirror, OEMs are adding features such as camera monitoring, navigation, and infotainment. Likewise, OEMs are also adding features in the exterior mirror.

Asia-Pacific is estimated to dominate the automotive rear-view market during the forecast period. The region has emerged as a major automotive hub with the majority of the market share of vehicle production as well as sales. Almost every major automotive mirror manufacturer is present in the Asia-Pacific region. The demand for automotive mirrors is directly linked to the vehicle production in this region. To cater the growing demand and capitalize on cost efficiencies, the companies involved in the production of rear-view mirrors and their components have started focusing on the Asia-Pacific market. Being the largest market for automobiles, the Asia-Pacific region is estimated to witness the largest demand for automotive rear-view mirrors.

Rear-View Mirror Market for Automotive

A key factor restraining the growth of the automotive rear-view mirror market is the high cost of replacement. The smart rear-view mirror involves complex interlinking of electronic systems. It also increases the overall cost of the vehicle. If the conventional mirror gets damaged, it is easy to replace and cost effective. However, if a smart rear-view mirror gets damaged, the customer has to replace the rear-view mirror system. The high cost involved is restraining the growth of the automotive rear-view mirror market. The rear-view mirror market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Magna International (Canada), Samvardhana Motherson Reflectec (Germany), Gentex Corporation (U.S.), Ficosa International S.A. (Spain), and Murakami Corporation (Japan).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Body(Interior and Exterior) Markets on KnowledgeStore
Request Demo