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Rear-View Mirror Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • August 2024
  • Region: Global
  • Lucintel
  • ID: 6003859
The global rear-view mirror market is expected to reach an estimated $11.0 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are the increasing consumer demand for cars with improved comfort, safety, and convenience, growing need for sophisticated mirrors, and increasing consciousness of shared mobility and connectivity.

The future of the global rear-view mirror market looks promising with opportunities in the passenger car and commercial vehicle markets.

Rear-View Mirror by Segment

The study includes a forecast for the global rear-view mirror by mounting location, product type, type, vehicle type, and region.

Rear-View Mirror Market by Mounting Location [Shipment Analysis by Value from 2018 to 2030]:

  • Door Mounted
  • Body Mounted

Rear-View Mirror Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

  • Smart Rear-View Mirror
  • Conventional Rear-View Mirror

Rear-View Mirror Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Exterior Mirror
  • Interior Mirror

Rear-View Mirror Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:

  • Passenger Car
  • Commercial Vehicles

Rear-View Mirror Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Rear-View Mirror Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies rear-view mirror companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rear-view mirror companies profiled in this report include:
  • Continental
  • Murakami
  • VALEO
  • TOKAIRIKA
  • SL Corporation
  • Ishizaki Holdings
  • GENTEX
  • Ficosa International
  • Magna International
  • Mitsuba

Rear-View Mirror Market Insights

  • Exterior mirror will remain larger segment over the forecast period.
  • Within this market, passenger car will remain larger segment over the forecast period.
  • APAC will remain the largest region over the forecast period.

Features of the Global Rear-View Mirror Market

  • Market Size Estimates: Rear-view mirror market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Rear-view mirror market size by various segments, such as by mounting location, product type, type, vehicle type, and region in terms of value ($B).
  • Regional Analysis: Rear-view mirror market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different mounting locations, product types, types, vehicle types, and regions for the rear-view mirror market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the rear-view mirror market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the rear-view mirror market by mounting location (door mounted and body mounted), product type (smart rear-view mirror and conventional rear-view mirror), type (exterior mirror and interior mirror), vehicle type (passenger car and commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Rear-View Mirror Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Rear-View Mirror Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Rear-View Mirror Market by Mounting Location
3.3.1: Door Mounted
3.3.2: Body Mounted
3.4: Global Rear-View Mirror Market by Product Type
3.4.1: Smart Rear-View Mirror
3.4.2: Conventional Rear-View Mirror
3.5: Global Rear-View Mirror Market by Type
3.5.1: Exterior Mirror
3.5.2: Interior Mirror
3.6: Global Rear-View Mirror Market by Vehicle Type
3.6.1: Passenger Car
3.6.2: Commercial Vehicles
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Rear-View Mirror Market by Region
4.2: North American Rear-View Mirror Market
4.2.1: North American Rear-View Mirror Market by Type: Exterior Mirror and Interior Mirror
4.2.2: North American Rear-View Mirror Market by Vehicle Type: Passenger Car and Commercial Vehicles
4.3: European Rear-View Mirror Market
4.3.1: European Rear-View Mirror Market by Type: Exterior Mirror and Interior Mirror
4.3.2: European Rear-View Mirror Market by Vehicle Type: Passenger Car and Commercial Vehicles
4.4: APAC Rear-View Mirror Market
4.4.1: APAC Rear-View Mirror Market by Type: Exterior Mirror and Interior Mirror
4.4.2: APAC Rear-View Mirror Market by Vehicle Type: Passenger Car and Commercial Vehicles
4.5: RoW Rear-View Mirror Market
4.5.1: RoW Rear-View Mirror Market by Type: Exterior Mirror and Interior Mirror
4.5.2: RoW Rear-View Mirror Market by Vehicle Type: Passenger Car and Commercial Vehicles
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Rear-View Mirror Market by Mounting Location
6.1.2: Growth Opportunities for the Global Rear-View Mirror Market by Product Type
6.1.3: Growth Opportunities for the Global Rear-View Mirror Market by Type
6.1.4: Growth Opportunities for the Global Rear-View Mirror Market by Vehicle Type
6.1.5: Growth Opportunities for the Global Rear-View Mirror Market by Region
6.2: Emerging Trends in the Global Rear-View Mirror Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Rear-View Mirror Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Rear-View Mirror Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Continental
7.2: Murakami
7.3: VALEO
7.4: TOKAIRIKA
7.5: SL Corporation
7.6: Ishizaki Holdings
7.7: GENTEX
7.8: Ficosa International
7.9: Magna International
7.10: Mitsuba

Companies Mentioned

  • Continental
  • Murakami
  • VALEO
  • TOKAIRIKA
  • SL Corporation
  • Ishizaki Holdings
  • GENTEX

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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