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Electrically Adjustable Outside Rear View Mirror (ORVM) Market Revenue, Business Growth, Demand And Applications by 2027

10-19-2020 09:02 PM CET | Logistics & Transport

Press release from: Allied Market Research

Automotive Electrically Adjustable Outside Rear View Mirror (ORVM) Market 

Automotive Electrically Adjustable Outside Rear View Mirror (ORVM) Market 

Automotive electrically adjustable outside rear view mirror (ORVM) is a mirror in automobile vehicles, which allows the driver to see rearward through the vehicle's backlight. ORVM is considered an important auto part in vehicles for the safety of drivers. Outside rear view mirror (OVRM) is electrically adjustable, which means there is no physical work required for adjusting the mirrors. Such mirrors can be adjusted with the help of a switch which is located near driver’s side door. ORVM is easily accessible to drivers and can be operated while driving. ORVM provides clear visibility and can be easily switched between its two modes: camera and mirror. Such features of automotive electrically adjustable outside rear view mirror improve the safety of the vehicle.

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Regions covered
North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

Companies covered

Ficosa Internacional SA, HondaLockMfg. Co. Ltd., Magna International Inc., Mitsuba Corp., Murakami Corporation., Motherson Group., SL Corporation, Ichikoh Industries Ltd, Flabeg Automotive Holding GmbH, and Gentex Corporation

Purchase Enquiry Report @ https://www.alliedmarketresearch.com/purchase-enquiry/7603

Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Technological advancements in OVRM and increased offerings in OVRM for trucks drive the automotive electrically adjustable outside rear view mirror market. However, the development of digital side rear-view mirrors might restrain the growth of the automotive electrically adjustable ORVM market. Increase in the production of passenger vehicles will be opportunistic for the growth of automotive electrically adjustable outside rear view mirror market.

Increased offerings in OVRM for trucks
Several automobile original equipment manufacturers (OEMs) are offering advance driver assistance systems (ADAS) with automotive electrically adjustable outside rear view mirrors. For instance, Ford Motors is offering advance driver assistance system such as blind spot information system (BLIS) with its F 150 pickup truck. Similarly, General Motors is offering rear cross traffic alert (RCTA) system with its RAM pickup truck. Such systems improve the safety of the vehicle and also enhance the value proposition of automotive mirror systems. Such trends will impact positively on the growth of automotive electrically adjustable outside rear view mirror (OVRM) market in the future.

Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/7603

Key benefits of the report:

1 This study presents the analytical depiction of the automotive electrically adjustable outside rear view mirror (ORVM) industry along with the current trends and future estimations to determine the imminent investment pockets.
2 The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of automotive electrically adjustable outside rear view mirror (ORVM) market share.
3 The current market is quantitatively analyzed from 2020 to 2027 to highlight the automotive electrically adjustable outside rear view mirror (ORVM) market growth scenario.
4 Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
5 The report provides a detailed automotive electrically adjustable outside rear view mirror (ORVM) market analysis based on competitive intensity and how the competition will take shape in coming years.

Contact:
David Correa
Portland, OR, United States
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help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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