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Global Rear-view Mirror Market Report 2018-2025: The Market is Anticipated to Reach $15.76 Billion by 2025

Research and Markets Logo. (PRNewsFoto/Research and Markets) (PRNewsfoto/Research and Markets)

News provided by

Research and Markets

Aug 31, 2018, 12:00 ET

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DUBLIN, Aug 31, 2018 /PRNewswire/ --

The "Rear-view Mirror Market Size, Share & Trends Analysis Report By Feature Type (Blind Spot Detection, Heating), By Mounting Location, By Product Type, By Mirror Type, By Vehicle Type, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global rear-view mirror market size is expected to reach USD 15.76 billion by 2025, exhibiting a 5.7% CAGR during the forecast period.

Increasing awareness among people regarding vehicle safety and rising sales of luxury vehicles equipped with navigation and infotainment systems have bolstered market growth.

Growing interest of rear-view mirror manufacturing companies, such as Continental AG, toward capturing a larger share in the developed markets of regions such as North America is expected to drive product adoption. Additionally, rise in commercial activities is bolstering market growth.

The Asia Pacific regional market is expected to witness considerable growth, owing to increasing sales of passenger vehicles. Stringent government regulations pertaining to passenger and vehicle safety are further bolstering the growth of the market. Additionally, surging investments in automobile production in many developing countries of the region are driving the market.

However, high replacement, development, and maintenance costs of smart rear-view mirrors are expected to hinder market growth. Thus, rear-view mirror providers are focusing on developing affordable solutions that can be used in other markets such as utilities and transportation.

Key Findings

  • Auto-dimming feature offers both visual and audio alerts and the segment is expected to register the highest growth over the forecast period by feature
  • Demand for door-mounted mirrors is expected to increase in commercial vehicles
  • Demand for smart rear-view mirrors is expected to increase in passenger vehicles owing to benefits such as a built-in camera that provides enhanced vision in unfavorable weather conditions and eliminates glare caused by headlights of other cars
  • Erratic cold weather conditions are one of the key factors driving demand for mirrors with in-vehicle heating functions in North America and Europe
  • Asia Pacific is expected to emerge as the fastest-growing region over the forecast period owing to increasing sales of passenger and high-end premium vehicles
  • Prominent industry participants include Gentex Corporation; Continental AG; Valeo; Magna International, Inc.; and Murakami Corporation.

Key Topics Covered

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources

Chapter 2 Executive Summary
2.1 Rear-View Mirror Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2 Rear-View Mirror Market, 2014 - 2025

Chapter 3 Rear-View Mirror Market Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size & Growth Prospects
3.3 Rear-View Mirror Market - Value Chain Analysis
3.4 Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Increasing sales of luxurious vehicles coupled with the growing demand for enhanced comfort
3.4.1.2 Growing focus on vehicle safety systems
3.4.2 Market restraint analysis
3.4.2.1 Complex and expensive technology
3.5 Rear-View Mirror Penetration & Growth Prospects Mapping
3.6 Rear-View Mirror Market Ranking Analysis
3.7 Rear-view mirror market - Porter's Five Forces Analysis
3.8 Rear-view mirror market - PEST Analysis

Chapter 4 Rear-View Mirror Market Feature Type Outlook
4.1 Rear-View Mirror Market Share By Feature Type, 2016 & 2025
4.2 Auto-Dimming
4.2.1 Rear-view mirror market for auto-dimming, 2014 - 2025
4.3 Blind Spot Detection
4.3.1 Rear-view mirror market for blind spot detection, 2014 - 2025
4.4 Power Control
4.4.1 Rear-view mirror market for power control, 2014 - 2025
4.5 Automatic Folding
4.5.1 Rear-view mirror market for automatic folding, 2014 - 2025
4.6 Heating Function
4.6.1 Rear-view mirror market for Heating Function, 2014 - 2025
4.7 Others
4.7.1 Rear-view mirror market for others, 2014 - 2025

Chapter 5 Rear-View Mirror Market Mounting Location Outlook
5.1 Rear-View Mirror Market Share By Mounting Location, 2016 & 2025
5.2 Door Mounted
5.2.1 Rear-view mirror market for door mounted, 2014 - 2025
5.3 Body Mounted
5.3.1 Rear-view mirror market for body mounted, 2014 - 2025

Chapter 6 Rear-View Mirror Market Product Type Outlook
6.1 Rear-View Mirror Market Share By Product Type, 2016 & 2025
6.2 Smart Rear-View Mirror
6.2.1 Rear-view mirror market for smart rear-view mirror, 2014 - 2025
6.3 Conventional Rear-View Mirror
6.3.1 Rear-view mirror market for conventional rear-view mirror, 2014 - 2025

Chapter 7 Rear-View Mirror Market Type Outlook
7.1 Rear-view mirror market Share By Type, 2016 & 2025
7.2 Exterior
7.2.1 Rear-view mirror market for exterior, 2014 - 2025
7.3 Interior
7.3.1 Rear-view mirror market for interior, 2014 - 2025

Chapter 8 Rear-View Mirror Market Vehicle Type Outlook
8.1 Rear-View Mirror Market Share By Vehicle Type, 2016 & 2025
8.2 Passenger Vehicles
8.2.1 Rear-view mirror market for passenger vehicles, 2014 - 2025
8.3 Commercial Vehicles
8.3.1 Rear-view mirror market for commercial vehicles, 2014 - 2025

Chapter 9 Rear-View Mirror Market Regional Outlook

Chapter 10 Competitive Landscape - Company Profiles

  • Continental AG
  • Valeo
  • Magna International Inc.
  • Gentex Corporation
  • Ficosa Corporation
  • MITSUBA Corporation
  • Murakami Corporation
  • SL Corporation
  • Tokairica Co. Ltd.
  • Ishizaki Honten Company, Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/q6t8d9/global_rearview?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]   

For E.S.T Office Hours Call +1-917-300-0470
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SOURCE Research and Markets

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