Automotive Rear-view Mirror Market Challenges, Overview and Insights 2018 to 2021

“Global Automotive Rear-view Mirror Market 2018-2021” The report covers the present scenario and the growth prospects of the global Automotive Rear-view Mirror market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Our analysts forecast the global Automotive Rear-view Mirror market to grow at a CAGR of 5.06 during the period 2017-2021

Mirrors are crucial components of a vehicle that give significant visual aid for safer driving. Most of the automotive mirrors are manually operated, while some are electronically operated. Global Automotive Rear-view Mirror Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Essential points covered in Global Automotive Rear-view Mirror Market 2018 Research are:-
•What will the market size and the growth rate be in 2021?
•What are the key factors driving the Global Automotive Rear-view Mirror market?
•What are the key market trends impacting the growth of the Global Automotive Rear-view Mirror market?
•What are the challenges to market growth?
•Who are the key vendors in the Global Automotive Rear-view Mirror market?
•What are the market opportunities and threats faced by the vendors in the Global Automotive Rear-view Mirror market?
•What are the key outcomes of the five forces analysis of the Global Automotive Rear-view Mirror market?

This independent 116 pages report guarantees you will remain better informed than your competition. With over tables and figures examining the Automotive Rear-view Mirror market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

Furthermore, the report provides a detailed analysis of the Global Automotive Rear-view Mirror market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

The market is divided into the following segments based on geography: APAC, Europe, North America, ROW

Companies Mentioned are: Gentex, Ficosa Internacional, Magna, Murakami, and Honda (HonaLockMfg).

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IndustryDataAnalytics Announces the Publication of its Research Report: Global Automotive Rear-view Mirror Market 2018-2021

Commenting on the report, an analyst from IndustryDataAnalytics team said: One trend in the market is growing popularity of integrated memory system that stores seat and side mirror preference. The modern vehicles are becoming more sophisticated in terms of the functionalities they offer to the customer. With comfort being one of the most crucial aspects while buying a vehicle, the flexibility offered by the common components like seats and mirrors plays an important role. As a result, the designing of the system has also gained utmost importance as a lot of weightage is given to the integration of various systems.

Market challenge
Auto-dimming mirrors are still seen as expensive option in emerging regions
For a full, detailed list, view our report

Market trend
Growing popularity of integrated memory system that stores seat and side mirror preference
For a full, detailed list, view our report

According to the report, one driver in the market is growing popularity of premium SUVs. SUVs contribute to the adoption of rear-view mirrors significantly. The height of SUVs reduces the visibility of the short obstacles while reversing, and therefore, most of the SUVs are equipped with an additional mirror placed on the rear windshield. In developed regions, camera systems are replacing rear-view mirrors owing to their ability to provide wider visibility to the driver in more comfortable manner.

Further, the report states that one challenge in the market is auto-dimming mirrors are still seen as expensive option in emerging regions. Although auto-dimming mirrors have been around since the 1980s, their adoption has been slow, especially in emerging countries, where customers are price sensitive. For instance, conventional mirrors are priced below $99; auto-dimming mirrors cost above $150 and along with additional features like blind spot indicator or home link function the price increases above $250.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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