Rear-view Mirror Market By Feature Product (Automatic Folding, Auto-dimming, Power Control, Heating Function, Blind Spot Detection and Others), Type (Body Mounted and Door Mounted) and Application (Commercial Vehicles and Passenger Vehicles) - Global Industry Analysis And Forecast To 2025
The Rear-view Mirror Market is anticipated to develop at significant CAGR over the estimate time frame. Expanding stringency of vehicle safety regulations is the prime factor driving the development of the market. Expanding interest for premium vehicles has additionally hoisted interest for rear-view mirrors. Expected improvement and commercialization of completely programmed vehicles, for example, driverless cabs, are additionally anticipated that would give huge degree to development over the last 50% of the following decade. Powerful sensors are foreseen to be utilized as a part of completely programmed vehicles as they require continuous information processing of data got from an extensive number of sensors introduced in vehicles.
The global Rear-view Mirror market is based on different segments namely, by feature type the market is segmented into automatic folding, auto-dimming, power control, heating function, blind spot detection and others; by mounting location the market is segmented into body mounted and door mounted; by product type the market is segmented into conventional rear-view mirrors and smart rear-view mirrors; by mirror type the market is segmented into interior and exterior and by vehicle type the market is segmented into commercial vehicles and passenger vehicles.
Rear-View Mirror market by Feature Type
Blind Spot Detection
Rear-View Mirror market by Type
Rear-View Mirror market by Application
On a global front, the Rear-view Mirror market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, South Africa, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA). The Asia Pacific market represented the largest share by revenue and is anticipated to grow tremendously over the forecast period. This can be credited to increasing production of vehicles in India, China, and Japan. It is also the fastest developing market.
Rear-view Mirror Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The leading players in the market are Valeo, Ficosa Corporation, Continental AG, SL Corporation, Magna International, Magna International, Ishizaki Honten, MURAKAMI CORPORATION and Gentex. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?