Press release
Automotive Rear View Mirror Market Insights and Projections 2024-2030
Automotive Rear View Mirror Market
The Automotive Rear View Mirror Market's trajectory is not solely driven by market forces; it's deeply influenced by the quest for enhanced safety features. Regulatory mandates worldwide, including the requirement for backup cameras, have propelled the adoption of advanced rear-view mirrors, particularly the smart mirrors with features like blind-spot detection and collision warnings.
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Automotive Rear View Mirror Market Dynamics
The Automotive Rear View Mirror Market is experiencing a remarkable surge in growth opportunities, owing to technological advancements and shifting consumer preferences. The integration of advanced safety features into rear-view mirrors is driving up market demand.
Notably, manufacturers such as BMW are introducing electric models with digital mirrors to improve visibility and safety standards, demonstrating the Automotive Rear View Mirror Market's adaptability to changing automotive trends.
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Automotive Rear View Mirror Market Segment Analysis
Various functionalities play different roles in the segment analysis of features within the Automotive Rear View Mirror Market, depending on their applications. Drivers appreciate the convenience of power-controlled mirrors, which allow them to easily adjust mirror angles.
This feature provides seamless adaptability, enhancing driver comfort and safety, whether it is adapting to different drivers' preferences, ensuring optimal views in congested traffic, or parking. Furthermore, the ease of electronically adjusting mirror positions improves overall driving convenience, making these mirrors a desirable feature in modern vehicles.
By Type
Interior Mirror
Exterior Mirror
By Features
Analysis Power Controlled
Blind Spot Detection
Auto Foldable
Heating function
Others
By Sales Channel
OEM
Aftermarket
By Application
Passenger Cars
Commercial Vehicles
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Who are Automotive Rear View Mirror Market Key Players?
North America
1. Gentex Corporation (United States)
2. Magna International Inc. (Canada)
3. Muth Mirror Systems, LLC (United States)
Europe
1. Ficosa International SA (Spain)
2. FLABEG Automotive Holding GmbH (Germany)
3. Samvardhana Motherson Reflectec (SMR) (Germany)
4. Magna Mirrors Holding GmbH (Germany)
5. SL Mogilev (Belarus)
Asia Pacific
1. Murakami Corporation (Japan)
2. Tokai Rika Co., Ltd. (Japan)
3. Mitsuba Corporation (Japan)
4. SL Corporation (South Korea)
5. Lumax Industries Limited (India)
1. Ichikoh Industries, Ltd. (Japan)
2. Mobvoi (China)
3. Honda Lock Mfg. Co., Ltd. (Japan)
4. Murakami Kaimeido (Japan)
5. Bosal Nederland B.V. (Netherlands)
6. Chengdu Telewing Electronics Co., Ltd. (China)
7. Foshan Yifeng Auto Parts Manufacturing Co., Ltd. (China)
8. Changzhou Lingyun Auto Electron Co., Ltd. (China)
9. Shanghai Ganxiang Automobile Mirror Co., Ltd. (China)
10. Sichuan Skay-View Automobile Parts Co., Ltd. (China)
11. Chennai Radha Engineering Works Pvt. Ltd. (India)
12. Chennai Auto-View Mirror Pvt. Ltd. (India)
Table of content for the Automotive Rear View Mirror Market includes:
Part 01: Executive Summary
Part 02: Scope of the Automotive Rear View Mirror Market Report
Part 03: Automotive Rear View Mirror Market Landscape
Part 04: Automotive Rear View Mirror Market Sizing
Part 05: Automotive Rear View Mirror Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Automotive Rear View Mirror Market Regional Insights:
North India is leading in the sunglasses market, holding 35% of the share and expected to maintain its position during the forecast period. Delhi, in particular, stands out due to its strong fashion culture. The demand for eye protection, vision correction spectacles, and international brands is on the rise. The increasing use of digital devices among the youth is fueling the need for vision correction spectacles and contact lenses.
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