Rear-View Mirror Market-Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Vehicle Type (Passenger Cars, Commercial Vehicle), By Product Type (Exterior Mirror, Interior Mirror), By Feature (Auto dimming, BSD, Power Control, Automatic Foldable and Heated, Indicator), By Region, By Competition, 2019-2029

  • Industry : Automotive
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 3.67 Billion

CAGR (2024-2029)

6.2%

Fastest Growing Segment

Passenger Car

Largest Market

Asia-Pacific

Market Size (2029)

USD 4.79 Billion

Market Overview

The Global Rear-View Mirror Market was valued at USD 3.67 Billion in 2023 and is expected to reach USD 4.79 Billion by 2029 with a CAGR of 6.2% during the forecast period.

The global rear-view mirror market is undergoing a significant transformation, driven by advancements in automotive technology and growing consumer demand for enhanced safety features. Rear-view mirrors, which were once simple reflective surfaces, are now evolving into sophisticated, multi-functional devices that contribute to driver assistance and comfort. The integration of advanced technologies such as auto-dimming, camera systems, and digital displays has made these mirrors an essential component in improving visibility, reducing blind spots, and enhancing overall vehicle safety. As safety regulations become more stringent and consumers increasingly seek innovative features, the demand for advanced rear-view mirrors is growing rapidly

The safety features, the global market is also being influenced by the rise of electric vehicles (EVs) and autonomous driving technology. Electric vehicles require components that are lightweight, energy-efficient, and aerodynamic, and digital rear-view mirrors offer a modern solution that meets these demands. These mirrors are more streamlined than traditional models, helping to reduce drag and improve the vehicle's overall energy efficiency. The transition toward autonomous vehicles is also increasing the demand for advanced rear-view mirror systems. As self-driving technology progresses, these mirrors will play a crucial role in enhancing monitoring capabilities, offering drivers and passengers improved situational awareness and better integration with other vehicle systems.

As the automotive industry continues to innovate and adapt to changing consumer preferences, rear-view mirrors are expected to become more advanced and integrated into broader vehicle technologies. The growing focus on driver assistance systems, improved visibility, and sustainable vehicle designs will drive continued innovation and growth in the rear-view mirror market. With the rapid adoption of digital technologies and advancements in smart vehicle systems, the rear-view mirror market is poised for continued expansion, meeting the evolving needs of both consumers and automakers.

Market Drivers

Increasing Demand for Safety Features

One of the primary drivers for the global rear-view mirror market is the growing demand for enhanced vehicle safety features. As consumers prioritize safety in their vehicle purchase decisions, automakers are integrating advanced technologies into rear-view mirrors to improve driver visibility, reduce blind spots, and enhance overall road safety. Features like auto-dimming mirrors, camera systems, and digital displays are gaining traction as they provide superior visibility in low-light conditions and assist in accident prevention.

Rising Adoption of Electric and Autonomous Vehicles

The surge in electric vehicles (EVs) and autonomous vehicles is also fueling the demand for advanced rear-view mirror systems. EVs require lightweight and energy-efficient components, and digital rear-view mirrors meet these requirements by reducing drag and contributing to better fuel efficiency. Furthermore, the advent of autonomous driving technology demands advanced rear-view mirror systems that can integrate with other vehicle sensors and assist with situational awareness, making these mirrors essential for self-driving cars.

 Technological Advancements in Mirror Systems

The continued development of innovative mirror technologies is propelling market growth. Rear-view mirrors are no longer just reflective surfaces but are increasingly equipped with integrated technologies such as cameras, touchscreens, and augmented reality (AR) features. These advanced systems allow drivers to access a wide range of information, from navigation data to parking assistance, further enhancing the driving experience. The growing popularity of digital mirrors, which provide clearer views and additional features, is contributing to the shift away from traditional mirrors. For instance, in 2025 Subaru Forester ushers in a more modern design, moving away from its traditional boxy appearance. The new model features a sleeker, more streamlined look, reflecting evolving consumer preferences. This shift in design aligns with Subaru's strategy to enhance aesthetics while maintaining functional utility.

Stricter Regulatory Requirements

Governments and regulatory bodies are imposing stricter safety standards and regulations that require automakers to enhance visibility and safety features in vehicles. These regulations are encouraging the widespread adoption of advanced rear-view mirror technologies that help meet safety standards and improve driving conditions. As the market moves toward higher safety compliance, the demand for advanced rear-view mirrors is expected to continue rising.                                                                                                                  

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Key Market Challenges

High Cost of Advanced Mirror Technologies

One of the key challenges in the global rear-view mirror market is the high cost associated with advanced mirror technologies. Digital rear-view mirrors, which offer features such as camera-based systems, displays, and auto-dimming capabilities, are significantly more expensive than traditional mirrors. These high costs can limit their adoption, particularly in budget and mid-range vehicle segments, where consumers are more price sensitive. As automakers work to integrate these advanced systems, balancing affordability with technology innovation remains a crucial challenge.

Regulatory Hurdles and Adoption Delays

Despite the growing demand for advanced rear-view mirror technologies, regulatory challenges in some regions can slow down their widespread adoption. Certain countries and markets have not yet fully embraced the shift from traditional mirrors to digital or camera-based systems. There are also concerns about safety and certification requirements for new technologies. Regulatory bodies need to update their guidelines to accommodate these innovations, and the delay in adoption of new regulations can hinder market growth. For example, in 2024 Australian government Hanging items from a rear-view mirror is legal if it does not obstruct the driver's view or cause distraction. However, drivers must ensure that any accessories do not interfere with visibility, as penalties may apply in Australia if found to be obstructive or distracting. Road authorities recommend maintaining an unobstructed view of the road to ensure safety and compliance.

Security and Privacy Concerns

As rear-view mirrors become more integrated with advanced technologies and vehicle systems, cybersecurity and privacy issues present a major concern. Digital mirrors that connect to vehicle networks are vulnerable to potential hacking, which could compromise the safety and privacy of drivers. Ensuring secure data transmission and protection from cyber threats is a critical challenge for manufacturers. Addressing these concerns while maintaining the functionality of the mirrors is essential to the market's long-term success.

Compatibility with Existing Vehicle Designs

Another challenge in the rear-view mirror market is the compatibility of advanced mirror systems with existing vehicle designs. Retrofitting older vehicles with new, technology-driven mirrors can be difficult and costly. Moreover, some vehicle models may not be designed to accommodate new digital systems, requiring significant modifications to the vehicle's structure. Ensuring seamless integration with various vehicle designs remains a challenge for manufacturers as they strive to meet the needs of both new and existing car owners.

Key Market Trends

Shift Toward Digital and Camera-Based Mirrors

A significant trend in the global rear-view mirror market is the increasing adoption of digital and camera-based mirrors. Traditional mirrors are being replaced by digital displays that provide clearer, wider views, reduce blind spots, and improve safety. Camera-based systems offer enhanced visibility, particularly in low-light conditions, and eliminate the need for bulky side mirrors, improving vehicle aerodynamics. This shift towards digital solutions is expected to continue as consumer demand for improved driving experiences grows.

Integration with Advanced Driver-Assistance Systems (ADAS)

Another key trend is the growing integration of rear-view mirrors with advanced driver-assistance systems (ADAS). These systems, which include features like lane-keeping assist, adaptive cruise control, and collision detection, are being combined with rear-view mirrors to provide real-time data and alerts. This integration allows for more seamless interaction between vehicle systems, improving overall driver safety and convenience. As ADAS technologies become more widespread, rear-view mirrors that support these functions will see increased demand.

Smart Mirror Features with Augmented Reality (AR)

Augmented reality (AR) is becoming an essential feature in modern rear-view mirrors, enhancing the driving experience by displaying useful information directly on the mirror. Smart mirrors equipped with AR can overlay navigation directions, hazard warnings, and other relevant data onto the mirror’s display, providing drivers with real-time information without having to divert their attention from the road. As AR technology advances, its incorporation into rear-view mirrors will likely become a standard feature in premium vehicles, driving market growth. For example, in 2024 Nissan Patrol will feature a highly anticipated upgrade to its infotainment system. This enhancement aims to improve user experience with advanced technology and connectivity options. The upgrade aligns with Nissan’s focus on offering cutting-edge features to enhance vehicle appeal.

Focus on Sustainability and Eco-Friendly Materials

As automakers and consumers alike place greater emphasis on sustainability, the use of eco-friendly materials in rear-view mirrors is gaining momentum. Manufacturers are increasingly sourcing materials that reduce the environmental impact of production, such as recycled plastics and low-energy components. This trend aligns with the automotive industry’s broader push toward sustainable manufacturing practices and is expected to continue as environmental regulations become stricter and consumer preferences shift toward greener alternatives.

Segmental Insights

Vehicle Insight

The global rear-view mirror market is categorized into passenger cars and commercial vehicles, each segment exhibiting unique requirements. Passenger cars demand rear-view mirrors that enhance visibility, reduce blind spots, and improve safety. With increasing integration of advanced features such as auto-dimming, digital displays, and camera-based systems, passenger car mirrors are designed to improve driving comfort and safety, particularly in low-light and adverse weather conditions. The growing adoption of advanced driver-assistance systems (ADAS) further amplifies the role of rear-view mirrors in ensuring overall vehicle safety.

Commercial vehicles, by contrast, require rear-view mirrors designed for durability and extensive visibility. Given their larger size and the complex operational environments, mirrors for commercial vehicles are engineered to provide better sightlines for drivers, especially when manoeuvring in tight spaces or during reverse driving. The demand for mirrors with enhanced functionality, such as wide-angle views and integrated camera systems, is increasing, focusing on minimizing blind spots and improving safety in commercial transportation.

As both segments evolve, technological advancements in rear-view mirror systems are anticipated to cater to the specific needs of each vehicle type. While passenger vehicles are embracing smart technologies such as augmented reality and connectivity, commercial vehicles are prioritizing mirrors that deliver superior visibility and robustness to withstand demanding driving conditions. These trends highlight the dynamic nature of the rear-view mirror market across different vehicle types.

                                  

                                                            

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Region Insights

In 2023, the global rear-view mirror market is primarily driven by the North American region. This market's dominance can be attributed to the region's strong automotive manufacturing base, significant consumer demand for advanced vehicle safety technologies, and the high penetration of premium and luxury vehicles equipped with advanced rear-view mirror systems. The growing adoption of advanced driver-assistance systems (ADAS) and camera-based rear-view mirrors is particularly notable in this region, where technological innovation is a key driver of vehicle purchasing decisions. North America has seen a considerable increase in the integration of digital and camera-based mirrors, which enhance driver visibility, reduce blind spots, and provide better safety features for consumers.

The high demand for advanced mirror technologies in passenger vehicles, the commercial vehicle sector in North America also plays a crucial role in the region’s dominance. Commercial vehicles, such as trucks and buses, require rear-view mirrors that provide extended visibility and robust durability. The need for mirrors that enhance driver safety, especially for large vehicles navigating through congested or urban environments, further boosts market demand in the region. As regulations around safety and emissions tighten, North American manufacturers are also focusing on producing rear-view mirrors that meet these evolving standards.

The region’s strong regulatory framework, combined with the consumer preference for advanced vehicle safety features, is fostering an environment where innovations in rear-view mirror systems are rapidly adopted. For instance, regulatory policies that promote the use of rear cameras and blind-spot detection systems are accelerating the shift from traditional mirrors to more advanced digital and camera-based systems. As the demand for enhanced vehicle safety features continues to rise in North America, the rear-view mirror market is expected to maintain its growth trajectory throughout the forecast period. These factors, along with the region's commitment to technological advancement, are likely to ensure that North America remains the dominant player in the global rear-view mirror market in 2023 and beyond.

Recent Developments

  • In October 2024, Tesla’s 2024.38 software update enhances the customization of side mirror controls, offering users greater adjustability. This over-the-air (OTA) update aims to improve convenience and control, further aligning with Tesla's focus on optimizing vehicle features. The update underscores the company’s commitment to continuous improvement in user experience and functionality.
  • In 2024, DoubleTake's popular off-road mirrors receive a significant upgrade for the 2024 model year. The enhancements focus on improving durability and performance for off-road enthusiasts. This upgrade reflects DoubleTake’s commitment to meeting the evolving needs of the off-road market.
  • In August 2024, first introduced in the Polestar Precept, this advanced feature utilizes cutting-edge technology to enhance vehicle display systems. A 2.5-megapixel camera with a 121-degree field of view delivers real-time visuals on an 8.9″ HD display, enhancing the driver’s awareness. The display can also be switched to a standard rearview mirror mode, offering added convenience and safety for the driver.

 

Key Market Players

  •        Gentex Corporation 
  •         Motherson Group
  •         Magna International Inc
  •         FICOSA Group
  •         ICHIKOH INDUSTRIES, LTD.
  •         Tokai Rika Co., Ltd.
  •         SL Corporation
  •          FLABEG Automotive Glass Group GmbH
  •         Marelli Holdings Co., Ltd
  •         Murakami Corporation

By Vehicle Type

By Product Type

By Feature Type

 

 

By Region

Passenger Cars

Commercial Vehicle

Exterior Mirror

Interior Mirror

Auto dimming

BSD

Power Control

Automatic Foldable and Heated

Indicator

Asia-Pacific

North America

Europe & CIS

South America

Middle East & Africa

 

Report Scope:

In this report, the Global Rear-View Mirror Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Global Rear-View Mirror Market, By Vehicle Type:

o   Passenger Cars

o   Commercial Vehicle

·         Global Rear-View Mirror Market, By Product Type:

o   Exterior Mirror

o   Interior Mirror

·         Global Rear-View Mirror Market, By Feature Type:

o   Auto dimming

o   BSD

o   Power Control

o   Automatic Foldable and Heated

o   Indicator

·         Global Rear-View Mirror Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe & CIS

§  France

§  Germany

§  Spain

§  Italy

§  United Kingdom

§  Rest of Europe

o   Asia-Pacific

§  China

§  Japan

§  India

§  Vietnam

§  South Korea

§  Thailand

§  Australia

§  Rest of Asia-Pacific

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

o   South America

§  Brazil

§  Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Rear-View Mirror Market.

Available Customizations:

Global Rear-View Mirror Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Rear-View Mirror Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Market Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Factors Influencing Purchase Decision

4.2.  Sources of Information

5.    Global Rear-View Mirror Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Vehicle Type Market Share Analysis (Passenger Car, Commercial Vehicle)

5.2.2.    By Product Type Market Share Analysis (Exterior Mirror, Interior Mirror)

5.2.3.    By Feature Type Market Share Analysis (Auto Dimming, BSD, Power Control, Automatic Foldable and Heated, Indicator)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        North America Market Share Analysis

5.2.4.2.        Europe & CIS Market Share Analysis

5.2.4.3.        Asia-Pacific Market Share Analysis

5.2.4.4.        Middle East & Africa Market Share Analysis

5.2.4.5.        South America Market Share Analysis

5.2.5.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  Global Rear-View Mirror Market Mapping & Opportunity Assessment

5.3.1.    By Vehicle Type Market Mapping & Opportunity Assessment

5.3.2.    By Product Type Market Mapping & Opportunity Assessment

5.3.3.    By Feature Type Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    North America Rear-View Mirror Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Vehicle Market Share Analysis

6.2.2.    By Product Type Market Share Analysis

6.2.3.    By Feature Type Market Share Analysis

6.2.4.    By Region Market Share Analysis

6.2.4.1.        United States Rear-View Mirror Market Outlook

6.2.4.1.1.           Market Size & Forecast

6.2.4.1.1.1.               By Value

6.2.4.1.2.           Market Share & Forecast

6.2.4.1.2.1.               By Vehicle Market Share Analysis

6.2.4.1.2.2.               By Product Type Market Share Analysis

6.2.4.1.2.3.               By Feature Type Market Share Analysis

6.2.4.2.        Canada Rear-View Mirror Market Outlook

6.2.4.2.1.           Market Size & Forecast

6.2.4.2.1.1.               By Value

6.2.4.2.2.           Market Share & Forecast

6.2.4.2.2.1.               By Vehicle Market Share Analysis

6.2.4.2.2.2.               By Product Type Market Share Analysis

6.2.4.2.2.3.               By Feature Type Market Share Analysis

6.2.4.3.        Mexico Rear-View Mirror Market Outlook

6.2.4.3.1.           Market Size & Forecast

6.2.4.3.1.1.               By Value

6.2.4.3.2.           Market Share & Forecast

6.2.4.3.2.1.               By Vehicle Market Share Analysis

6.2.4.3.2.2.               By Product Type Market Share Analysis

6.2.4.3.2.3.               By Feature Type Market Share Analysis

7.    Europe & CIS Rear-View Mirror Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Vehicle Market Share Analysis

7.2.2.    By Product Type Market Share Analysis

7.2.3.    By Feature Type Market Share Analysis

7.2.4.    By Region Market Share Analysis

7.2.4.1.        France Rear-View Mirror Market Outlook

7.2.4.1.1.           Market Size & Forecast

7.2.4.1.1.1.               By Value

7.2.4.1.2.           Market Share & Forecast

7.2.4.1.2.1.               By Vehicle Market Share Analysis

7.2.4.1.2.2.               By Product Type Market Share Analysis

7.2.4.1.2.3.               By Feature Type Market Share Analysis

7.2.4.2.        Germany Rear-View Mirror Market Outlook

7.2.4.2.1.           Market Size & Forecast

7.2.4.2.1.1.               By Value

7.2.4.2.2.           Market Share & Forecast

7.2.4.2.2.1.               By Vehicle Market Share Analysis

7.2.4.2.2.2.               By Product Type Market Share Analysis

7.2.4.2.2.3.               By Feature Type Market Share Analysis

7.2.4.3.        Spain Rear-View Mirror Market Outlook

7.2.4.3.1.           Market Size & Forecast

7.2.4.3.1.1.               By Value

7.2.4.3.2.           Market Share & Forecast

7.2.4.3.2.1.               By Vehicle Market Share Analysis

7.2.4.3.2.2.               By Product Type Market Share Analysis

7.2.4.3.2.3.               By Feature Type Market Share Analysis

7.2.4.4.        Italy Rear-View Mirror Market Outlook

7.2.4.4.1.           Market Size & Forecast

7.2.4.4.1.1.               By Value

7.2.4.4.2.           Market Share & Forecast

7.2.4.4.2.1.               By Vehicle Market Share Analysis

7.2.4.4.2.2.               By Product Type Market Share Analysis

7.2.4.4.2.3.               By Feature Type Market Share Analysis

7.2.4.5.        United Kingdom Rear-View Mirror Market Outlook

7.2.4.5.1.           Market Size & Forecast

7.2.4.5.1.1.               By Value

7.2.4.5.2.           Market Share & Forecast

7.2.4.5.2.1.               By Vehicle Market Share Analysis

7.2.4.5.2.2.               By Product Type Market Share Analysis

7.2.4.5.2.3.               By Feature Type Market Share Analysis

8.    Asia-Pacific Rear-View Mirror Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Vehicle Market Share Analysis

8.2.2.    By Product Type Market Share Analysis

8.2.3.    By Feature Type Market Share Analysis

8.2.4.    By Region Market Share Analysis

8.2.4.1.        China Rear-View Mirror Market Outlook

8.2.4.1.1.           Market Size & Forecast

8.2.4.1.1.1.               By Value

8.2.4.1.2.           Market Share & Forecast

8.2.4.1.2.1.               By Vehicle Market Share Analysis

8.2.4.1.2.2.               By Product Type Market Share Analysis

8.2.4.1.2.3.               By Feature Type Market Share Analysis

8.2.4.2.        Japan Rear-View Mirror Market Outlook

8.2.4.2.1.           Market Size & Forecast

8.2.4.2.1.1.               By Value

8.2.4.2.2.           Market Share & Forecast

8.2.4.2.2.1.               By Vehicle Market Share Analysis

8.2.4.2.2.2.               By Product Type Market Share Analysis

8.2.4.2.2.3.               By Feature Type Market Share Analysis

8.2.4.3.        India Rear-View Mirror Market Outlook

8.2.4.3.1.           Market Size & Forecast

8.2.4.3.1.1.               By Value

8.2.4.3.2.           Market Share & Forecast

8.2.4.3.2.1.               By Vehicle Market Share Analysis

8.2.4.3.2.2.               By Product Type Market Share Analysis

8.2.4.3.2.3.               By Feature Type Market Share Analysis

8.2.4.4.        Vietnam Rear-View Mirror Market Outlook

8.2.4.4.1.           Market Size & Forecast

8.2.4.4.1.1.               By Value

8.2.4.4.2.           Market Share & Forecast

8.2.4.4.2.1.               By Vehicle Market Share Analysis

8.2.4.4.2.2.               By Product Type Market Share Analysis

8.2.4.4.2.3.               By Feature Type Market Share Analysis

8.2.4.5.        South Korea Rear-View Mirror Market Outlook

8.2.4.5.1.           Market Size & Forecast

8.2.4.5.1.1.               By Value

8.2.4.5.2.           Market Share & Forecast

8.2.4.5.2.1.               By Vehicle Market Share Analysis

8.2.4.5.2.2.               By Product Type Market Share Analysis

8.2.4.5.2.3.               By Feature Type Market Share Analysis

8.2.4.6.        Australia Rear-View Mirror Market Outlook

8.2.4.6.1.           Market Size & Forecast

8.2.4.6.1.1.               By Value

8.2.4.6.2.           Market Share & Forecast

8.2.4.6.2.1.               By Vehicle Market Share Analysis

8.2.4.6.2.2.               By Product Type Market Share Analysis

8.2.4.6.2.3.               By Feature Type Market Share Analysis

8.2.4.7.        Thailand Rear-View Mirror Market Outlook

8.2.4.7.1.           Market Size & Forecast

8.2.4.7.1.1.               By Value

8.2.4.7.2.           Market Share & Forecast

8.2.4.7.2.1.               By Vehicle Market Share Analysis

8.2.4.7.2.2.               By Product Type Market Share Analysis

8.2.4.7.2.3.               By Feature Type Market Share Analysis

9.    Middle East & Africa Rear-View Mirror Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Vehicle Market Share Analysis

9.2.2.    By Product Type Market Share Analysis

9.2.3.    By Feature Type Market Share Analysis

9.2.4.    By Region Market Share Analysis

9.2.4.1.        South Africa Rear-View Mirror Market Outlook

9.2.4.1.1.           Market Size & Forecast

9.2.4.1.1.1.               By Value

9.2.4.1.2.           Market Share & Forecast

9.2.4.1.2.1.               By Vehicle Market Share Analysis

9.2.4.1.2.2.               By Product Type Market Share Analysis

9.2.4.1.2.3.               By Feature Type Market Share Analysis

9.2.4.2.        Saudi Arabia Rear-View Mirror Market Outlook

9.2.4.2.1.           Market Size & Forecast

9.2.4.2.1.1.               By Value

9.2.4.2.2.           Market Share & Forecast

9.2.4.2.2.1.               By Vehicle Market Share Analysis

9.2.4.2.2.2.               By Product Type Market Share Analysis

9.2.4.2.2.3.               By Feature Type Market Share Analysis

9.2.4.3.        UAE Rear-View Mirror Market Outlook

9.2.4.3.1.           Market Size & Forecast

9.2.4.3.1.1.               By Value

9.2.4.3.2.           Market Share & Forecast

9.2.4.3.2.1.               By Vehicle Market Share Analysis

9.2.4.3.2.2.               By Product Type Market Share Analysis

9.2.4.3.2.3.               By Feature Type Market Share Analysis

9.2.4.4.        Turkey Rear-View Mirror Market Outlook

9.2.4.4.1.           Market Size & Forecast

9.2.4.4.1.1.               By Value

9.2.4.4.2.           Market Share & Forecast

9.2.4.4.2.1.               By Vehicle Market Share Analysis

9.2.4.4.2.2.               By Product Type Market Share Analysis

9.2.4.4.2.3.               By Feature Type Market Share Analysis

10. South America Rear-View Mirror Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1.1.1.1.            By Vehicle Market Share Analysis

10.2.1.1.1.2.            By Product Type Market Share Analysis

10.2.1.1.1.3.            By Feature Type Market Share Analysis

10.2.2. By Region Market Share Analysis

10.2.2.1.     Brazil Rear-View Mirror Market Outlook

10.2.2.1.1.         Market Size & Forecast

10.2.2.1.1.1.            By Value

10.2.2.1.2.         Market Share & Forecast

10.2.2.1.2.1.            By Vehicle Market Share Analysis

10.2.2.1.2.2.            By Product Type Market Share Analysis

10.2.2.1.2.3.            By Feature Type Market Share Analysis

10.2.2.2.     Argentina Rear-View Mirror Market Outlook

10.2.2.2.1.         Market Size & Forecast

10.2.2.2.1.1.            By Value

10.2.2.2.2.         Market Share & Forecast

10.2.2.2.2.1.            By Vehicle Market Share Analysis

10.2.2.2.2.2.            By Product Type Market Share Analysis

10.2.2.2.2.3.            By Feature Type Market Share Analysis

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Impact of COVID-19 on Global Rear-View Mirror Market

12.1.             Impact Assessment Model   

12.1.1. Key Segments Impacted

12.1.2. Key Regions Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1.             Company Profiles

14.1.1.  Gentex Corporation 

14.1.1.1.     Company Details

14.1.1.2.     Products

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2.  Motherson Group

14.1.2.1.     Company Details

14.1.2.2.     Products

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3.  Magna International Inc

14.1.3.1.     Company Details

14.1.3.2.     Products

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. FICOSA Group

14.1.4.1.     Company Details

14.1.4.2.     Products

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. ICHIKOH INDUSTRIES, LTD.

14.1.5.1.     Company Details

14.1.5.2.     Products

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. Tokai Rika Co., Ltd.

14.1.6.1.     Company Details

14.1.6.2.     Products

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. SL Corporation

14.1.7.1.     Company Details

14.1.7.2.     Products

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. FLABEG Automotive Glass Group GmbH

14.1.8.1.     Company Details

14.1.8.2.     Products

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. Marelli Holdings Co., Ltd

14.1.9.1.     Company Details

14.1.9.2.     Products

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10. Murakami Corporation

14.1.10.1.  Company Details

14.1.10.2.  Products

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1.             Key Focus Areas

15.2.             Target By Type

15.3.             Target By Material Type

15.4.             Target By Vehicle Type

15.5.             Target By Material Type

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Rear-View Mirror Market was estimated to be USD 3.67 Billion in 2023.

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The major drivers for the global rear-view mirror market include the growing demand for advanced safety features in vehicles, rising consumer awareness about driving safety, technological advancements such as auto dimming and digital mirrors, and increasing vehicle production worldwide. Additionally, the implementation of stricter regulations for vehicle safety standards further accelerates the market growth.

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In 2023, the passenger car segment was the fastest-growing segment in the global rear-view mirror market. This growth was fueled by increasing passenger vehicle sales, rising consumer demand for enhanced safety features, and the adoption of advanced rear-view mirror technologies like auto-dimming and integrated display mirrors. Additionally, stricter safety regulations and rising adoption of electric vehicles also contributed to the segment's expansion.

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North America dominates the global rear-view mirror market, driven by high adoption of advanced vehicle safety features and strong demand for luxury and premium vehicles that incorporate digital and auto-dimming mirrors. Stringent vehicle safety regulations and consumer preferences for high-tech, feature-rich vehicles further bolster this dominance. Additionally, the region's established automotive industry and technological advancements contribute to its leading position.

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