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Rear View Mirror Market To Witness Growth Owing To Usage In Passenger Cars, Growing Concerns Regarding Safety & Trend of Laminated Side Glazing Till 2021 | Million Insights

12-18-2017 05:28 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Million Insights

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Million Insights - World's Fastest Growing Market Research Database

The global rear view mirror market, on the basis of application, is segmented into passenger vehicles and commercial vehicles. A rear view mirror is a mirror in automobiles which enables the driver to see rearward through the vehicle’s rear window. In cars, the rear-view mirror is usually installed on the top of the windshield. It enhances the side-view mirrors, which serve as the only rear-vision mirrors on motorcycles and bicycles.

The mounting of rearview mirrors takes place depending upon the size and nature of the vehicle. For instance, in trucks and buses the load often blocks rear view during travel. So, to get a backward view of traffic side-view mirrors are often installed. As the distance between the vehicles increase, the mirrors leave a large non-visible area behind the vehicle. In motorcycles, it may or may not have rear-view mirrors and motorcycles for off-road use normally do not possess any rear-view mirrors.

Rear view mirrors occur in various shapes and designs and have various methods of mounting the mirrors to the motorcycle, mostly to the handlebars. Bicycles are equipped with rear-view mirror installed on a handlebar. Rear view mirrors are also fitted to the bicycle frame on a helmet or a pair of eyeglasses which enables the rear visibility without having to turn around.

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From the commercial point of view, rear view mirrors being the spare parts of an automobile enjoy heavy market demand owing to certain factors. From the OEM perspective, the automobile rear-view mirror is anticipated to grow at a higher CAGR. Certain factors such as visual blind spots and incompatibility with operations, the market witness a high demand for new rear-view mirrors, specifically the ones with electric control function, auto-dimming function, heating function electric folding function and memory function.

The key players in the rearview mirror market includes growth in vehicle production and sales, and growing demand for improved aesthetics resulting into increased usage of glass in passenger cars, growing concerns regarding safety and security & the trend of laminated side glazing. On the basis of type, the rearview mirror market is segmented into exterior and interior.

On the basis of technology, the rearview mirror market is segmented into SPD, EC, LC, photochromic and thermocromic. On the basis of geographic segmentation, the rearview mirror market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC market is anticipated to grow at a higher CAGR owing to presence of high customer base and number of OEM.

India, Japan and China are the hot regions for market growth. North America is expected to follow the trend. The key players in the rearview mirror market include Nippon Sheet Glass Co Ltd, Asahi Glass Co Ltd, SMR, Saint Gobain S.A., Fuyao Glass Industry Group Co, Ltd., and Magna International Inc.

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This report studies Rearview Mirror in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with Production, price, revenue and market share for each manufacturer, covering

• Magna International Inc.
• Samvardhana Motherson Group
• Gentex Corporation
• Ficosa International
• Murakami Kaimeido

Market Segment by Regions, this report splits Global into several key Region, with production, consumption, revenue, market share and growth rate of Rearview Mirror in these regions, from 2011 to 2021 (forecast), like

• North America
• China
• Europe
• Japan
• India
• Southeast Asia

Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into

• Type I
• Type II
• Type III

Split by application, this report focuses on consumption, market share and growth rate of Rearview Mirror in each application, can be divided into

• Passenger Car
• Commercial Vehicle
• Application 3

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About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

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