Automotive Rear View Mirror Market 2018 Global Industry Forecast To 2023: By Size, Trends, Growth Factors, Share, And Regional Outlook
Automotive Rear View Mirror Market is predicted to grow at approximately 6% CAGR by 2023.
Pune, India – July 30, 2018 /MarketersMedia/ —
Automotive Rear View Mirror Market Information by Mounting Position (Body, Door), By Location, By Technology, By Features (Power Controlled, Auto Dimming, Turn Signal, Blind Spot Detection, Auto Foldable), By Vehicle Type, Region – Global Forecast to 2023.
Key Players:
The key players in automotive rearview mirror market are FLABEG Holding GmbH (Germany), Ficosa International S.A. (Spain), Magna International Inc. (Canada), Gentex Corporation (U.S.), SL Corporation (South Korea), and Burco Inc. (U.S.). Valeo SA (France), Lumax Automotive Systems Ltd (India), Honda Lock Manufacturing (Japan), Ichikoh Industries, Ltd. (Japan), and Murakami Corporation (Japan) are among others.
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Market Scenario:
The automotive industry of today’s times is much more concerned with the development of safety and security aspects of the automobile compared to the earlier times. The safety measures and their technologies have been needed to revisit and reinvent in terms of the approach due to the sheer growth in the sales of automobiles. A critical aspect of the safety features is the development of the mirror technology. The mirrors of earlier times were just utilized for gauging the distance and vehicle approaching the automobile. But with time, aspects like the onslaught of vehicle headlight beam, the development of smart mirror to visualize the smaller obstacles going unnoticed near the vehicle (especially in case of SUVs and big trucks). This is where the automotive rearview mirror technology comes into picture. The rearview mirror technology basically covers crucial aspects like collection of data from the rearview camera and projecting it onto the rearview mirror screen, switching of the rearview mirror between a conventional mirror and digital screen.
There are many factors responsible for the growth of the automotive rearview mirror market globally. Firstly, the global automotive sales have seen a steady increase due to the increase in the purchase power of people the world over. Secondly, the safety features used in the automobiles have seen a drastic shift due to increased vehicle movement. Thirdly, the automobile manufacturers have to deal with the tremendous competition in the automotive field and thus to differentiate their product offering, they offer state of the art technological features at competitive prices to stay ahead of the curve. The global automotive rearview mirror market is expected to grow with a CAGR of approx. 6% (2017 to 2023).
The report for Global Automotive Rear View Mirror Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Scope of the Report
This study provides an overview of the Global Automotive Rear View Mirror Market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive rear view mirror market by its Mounting Position, Location, Technology, Features, Vehicle Type and Region.
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
Continued…
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