The Global Rear-view Mirror Market to 2025: Key Players are Gentex Corp, Continental, Valeo, Magna International, and Murakami Corp - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 31, 2018--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.
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 FindingsAuto-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 Prominent industry participants include Gentex Corporation; Continental AG; Valeo; Magna International, Inc.; and Murakami Corporation.
Key Topics Covered
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Rear-View Mirror Market Industry Outlook
Chapter 4 Rear-View Mirror Market Feature Type Outlook
Chapter 5 Rear-View Mirror Market Mounting Location Outlook
Chapter 6 Rear-View Mirror Market Product Type Outlook
Chapter 7 Rear-View Mirror Market Type Outlook
Chapter 8 Rear-View Mirror Market Vehicle Type Outlook
Chapter 9 Rear-View Mirror Market Regional Outlook
Chapter 10 Competitive Landscape - Company ProfilesContinental AG Valeo Magna International Inc. Gentex Corporation Ficosa Corporation MITSUBA Corporation Murakami Corporation SL Corporation Tokairica Co. Ltd. Ishizaki Honten Company, Ltd.
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Related Topics:Automotive Body, Trim and Glass
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SOURCE: Research and Markets
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PUB: 08/31/2018 07:44 AM/DISC: 08/31/2018 07:44 AM