Rear-View Mirror Market is driven by Increasing Awareness About Vehicle and Passenger Safety.

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Rear-View Mirror Market for Automotive by
Product (Conventional and Smart), Feature (Auto
dimming, BSD, Power Control, Automatic Foldable,
Heated, Indicator), Type, Mounting Location,
Vehicle Type, and Region Global Forecast to
2022.  
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The rear-view mirror market for automotive is
primarily driven by the increasing awareness
about vehicle and passenger safety. Additionally,
the trend of integrating additional features in
automotive mirrors has led to a rise in demand
for rear-view mirrors. OEMs have launched new
variants in mirrors with advanced features for
driver assistance. The rear-view mirror market
for automotive is projected to grow at a CAGR of
5.39 during the forecast period, to reach USD
12.97 billion by 2022. Download our free PDF
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The key strategy adopted by major players to gain
traction in the market is new product
development. In 2017, Gentex Corporation (U.S.)
launched a biometric authentication system which
scans the iris of the driver for authentication.
This system is integrated with an automatic
dimming rear-view mirror. Likewise, in 2016,
Murakami Corporation (Japan) introduced a
multi-mirror system and hybrid inner mirror
electronic mirror systems. These systems capture
rear side views and rear views using a camera and
project them on to the mirror. Request for free
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Browse gtgt 79 market data
tables 47 figures
170 pages and in-depth TOC on
Rear-View Mirror Market - Global Forecast
to 2022 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
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The study estimates Asia-Pacific as the fastest
growing market for smart rear-view mirrors during
the forecast period. The market growth in this
region can be attributed to increased vehicle
sales and cost competitiveness for original
equipment manufacturers. The demand for
automotive mirrors is directly linked to the
vehicle production in the region. The companies
involved in the production of mirrors and their
components have started focusing on the
Asia-Pacific market to cater to the growing
demand. Almost all top tier 1 players are present
in the region, either through a joint venture or
subsidiary company. Hence, the Asia-Pacific
market will act as a new revenue pocket for the
automotive mirror manufacturers. Request for
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• Rear-View Mirror Market Target Audience
• Automotive rear-view mirror manufacturers and
  component suppliers
• Distributors and suppliers of automotive mirrors
• Automotive OEMs
• Industry associations and other driver assistance
  systems manufacturers
• The automobile industry and related end-user
  industries
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Key players - The market is dominated by a few
global players and comprises several regional
players. Some of the key manufacturers operating
in the market are Magna International (Canada),
Samvardhana Motherson Reflectec (Germany), Gentex
Corporation (U.S.), Ficosa International S.A.
(Spain), and Murakami Corporation (Japan).
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