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Automotive Rear-view Mirror is a mirror in automobiles, designed to allow the driver to see rearward through the vehicle's backlight. It is an important auto part in vehicles for the safety of drivers. The mirror is not ground flat -- the front glass surface is at an angle to the back (mirrored) surface. So if you looked at this mirror out of its casing, it would be wedge-shaped with the thicker edge at the top.
China (about 28% in 2015) is the largest consumer of Automotive Rear-view Mirror and is expected to retain the higher growth rate during the next five years due to strong growth in automotive industry. China and India have witnessed a major chunk of the production and consumption of Automotive Rear-view Mirror in the Asia Pacific region. Actually, many foreign car rearview mirror manufacturers enter into Chinese market by investment or joint venture with domestic companies. At present, the major companies in China are Magna Tangnali Tangnali, MSR, Ficosa, Ichikon and Changchun Fawer.
Market Analysis and Insights: Global Automotive Rear-view Mirror Market
The global Automotive Rear-view Mirror market was valued at US$ 7486.8 million in 2019 and it is expected to reach US$ 8089.7 million by the end of 2026, growing at a CAGR of 1.1% during 2021-2026.
Global Automotive Rear-view Mirror Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Automotive Rear-view Mirror Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Exterior Mirrors
Interior Mirrors
Segment by Application
Passenger Vehicles
Commercial Vehicles
By Company
SMR
Magna
Gentex
Ficosa
Murakami Kaimeido
MEKRA Lang
SL Corporation
Ichikoh
Flabeg
Shanghai Lvxiang
Beijing Goldrare
Sichuan Skay-View
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
China (about 28% in 2015) is the largest consumer of Automotive Rear-view Mirror and is expected to retain the higher growth rate during the next five years due to strong growth in automotive industry. China and India have witnessed a major chunk of the production and consumption of Automotive Rear-view Mirror in the Asia Pacific region. Actually, many foreign car rearview mirror manufacturers enter into Chinese market by investment or joint venture with domestic companies. At present, the major companies in China are Magna Tangnali Tangnali, MSR, Ficosa, Ichikon and Changchun Fawer.
Market Analysis and Insights: Global Automotive Rear-view Mirror Market
The global Automotive Rear-view Mirror market was valued at US$ 7486.8 million in 2019 and it is expected to reach US$ 8089.7 million by the end of 2026, growing at a CAGR of 1.1% during 2021-2026.
Global Automotive Rear-view Mirror Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Automotive Rear-view Mirror Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Exterior Mirrors
Interior Mirrors
Segment by Application
Passenger Vehicles
Commercial Vehicles
By Company
SMR
Magna
Gentex
Ficosa
Murakami Kaimeido
MEKRA Lang
SL Corporation
Ichikoh
Flabeg
Shanghai Lvxiang
Beijing Goldrare
Sichuan Skay-View
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
