Market Overview:
The global automotive digital rear view mirror market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 10.4% over the forecast period (2018-2030) to reach a value of US$ 5,711.5 Mn by 2030. The body mounted segment is expected to account for a larger share of the global automotive digital rear view mirror market in terms of value as compared to the door mounted segment over the forecast period. In terms of volume, however, the door mounted segment is expected to account for a larger share than the body mounted segment over the forecast period. Passenger vehicles are anticipated to hold a larger share in terms of application in the global automotive digital rear view mirror market as compared to commercial vehicles during 2018-2030 owing higher adoption rates across regions such as North America and Europe .
Product Definition:
An automotive digital rear view mirror is a device that replaces the traditional rear view mirror in a car. It is an LCD screen that displays a live video feed of what is happening behind the car. This allows the driver to see things that they would not be able to see with a standard rear view mirror, such as people or animals walking behind the car. The automotive digital rear view mirror can also be used to display information such as the speed of the car and how many miles it has remaining on its fuel tank.
Body Mounted:
The global body-mounted, or dashboard-mounted as it is commonly known, mirror market size was valued at USD 1.22 billion in 2016 and is expected to witness a significant growth over the forecast period. The increasing demand for enhanced safety and awareness regarding road safety are some of the key factors driving industry growth.
Increasing sales of high end luxury vehicles across emerging economies such as China.
Door Mounted:
Door-mounted mirrors are a type of rearview mirror that is mounted on the door. They offer an enhanced view as compared to side-mounted mirrors, due to their ability to provide a clear image of the road and traffic in both directions.
• Single display digital mirror: It offers one line display for speed and other information such as fuel level status, number of passengers, etc.
Application Insights:
The passenger vehicle application segment accounted for the largest share of over 70.0% in 2017. The growing adoption of advanced safety features, such as integrated navigation, backup camera and multifunction displays in passenger cars is expected to drive the demand for automotive digital rear view mirrors over the forecast period. Furthermore, rising awareness regarding road safety among consumers is anticipated to further propel demand from 2018 to 2030.
The commercial vehicle application segment is projected to witness significant growth over the forecast period owing to increasing investments by transport companies in order to enhance their fleet¢â‚¬â„¢s overall performance and efficiency through technological advancements and innovation in products & services offered by these companies. For instance, UPS - United Parcel Service Inc., a U.S.
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to stringent regulations imposed by the U.S. government on driver distraction while driving and using digital devices. The European region accounted for a significant share in 2017, which can be attributed to stringent laws regarding use of hand-held phones while driving and growing adoption of advanced safety technologies in passenger cars.
The presence of major players such as Continental AG; ZF Friedrichshafen AG; Autoliv, Inc.; Panasonic Corporation; and Fujitsu Ltd., has led North America being at the forefront when it comes time for technological advancements in automotive industry across all regions worldwide.
Growth Factors:
- Increasing demand for advanced safety features in vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in automotive digital rear view mirror systems
- Growing awareness about the benefits of using automotive digital rear view mirrors
- Stringent government regulations mandating the use of advanced safety features in vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Digital Rear View Mirror Market Research Report
By Type
Body Mounted, Door Mounted
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Ficosa International SA, GENTEX Corporation, Kappa Optronics GmbH, Magna International, SL Corporation, Continental AG, Samvardhana Motherson, Aptiv PLC, Clarion, Mobileye, Ficosa International SA, Hitachi Automotive Systems, Valeo, Robert Bosch GmbH, ZF Friedrichshafen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Digital Rear View Mirror Market Report Segments:
The global Automotive Digital Rear View Mirror market is segmented on the basis of:
Types
Body Mounted, Door Mounted
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ficosa International SA
- GENTEX Corporation
- Kappa Optronics GmbH
- Magna International
- SL Corporation
- Continental AG
- Samvardhana Motherson
- Aptiv PLC
- Clarion
- Mobileye
- Ficosa International SA
- Hitachi Automotive Systems
- Valeo
- Robert Bosch GmbH
- ZF Friedrichshafen
Highlights of The Automotive Digital Rear View Mirror Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Body Mounted
- Door Mounted
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Digital Rear View Mirror Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive digital rear view mirror is a type of rear-view mirror that uses electronic technology to provide drivers with a clear image of the back of their vehicle. Automotive digital mirrors are typically more reliable and easier to use than traditional mirrors, and they can be equipped with features such as backup cameras or navigation systems.
Some of the major players in the automotive digital rear view mirror market are Ficosa International SA, GENTEX Corporation, Kappa Optronics GmbH, Magna International, SL Corporation, Continental AG, Samvardhana Motherson, Aptiv PLC, Clarion, Mobileye, Ficosa International SA, Hitachi Automotive Systems, Valeo, Robert Bosch GmbH, ZF Friedrichshafen.
The automotive digital rear view mirror market is expected to register a CAGR of 10.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Digital Rear View Mirror Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Digital Rear View Mirror Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Digital Rear View Mirror Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Digital Rear View Mirror Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Digital Rear View Mirror Market Size & Forecast, 2018-2028
4.5.1 Automotive Digital Rear View Mirror Market Size and Y-o-Y Growth
4.5.2 Automotive Digital Rear View Mirror Market Absolute $ Opportunity
Chapter 5 Global Automotive Digital Rear View Mirror Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Digital Rear View Mirror Market Size Forecast by Type
5.2.1 Body Mounted
5.2.2 Door Mounted
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Digital Rear View Mirror Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Digital Rear View Mirror Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Digital Rear View Mirror Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Digital Rear View Mirror Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Digital Rear View Mirror Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Digital Rear View Mirror Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Digital Rear View Mirror Market Size Forecast by Type
9.6.1 Body Mounted
9.6.2 Door Mounted
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Digital Rear View Mirror Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Digital Rear View Mirror Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Digital Rear View Mirror Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Digital Rear View Mirror Market Size Forecast by Type
10.6.1 Body Mounted
10.6.2 Door Mounted
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Digital Rear View Mirror Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Digital Rear View Mirror Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Digital Rear View Mirror Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Digital Rear View Mirror Market Size Forecast by Type
11.6.1 Body Mounted
11.6.2 Door Mounted
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Digital Rear View Mirror Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Digital Rear View Mirror Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Digital Rear View Mirror Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Digital Rear View Mirror Market Size Forecast by Type
12.6.1 Body Mounted
12.6.2 Door Mounted
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Digital Rear View Mirror Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Digital Rear View Mirror Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Digital Rear View Mirror Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Digital Rear View Mirror Market Size Forecast by Type
13.6.1 Body Mounted
13.6.2 Door Mounted
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Digital Rear View Mirror Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Digital Rear View Mirror Market: Competitive Dashboard
14.2 Global Automotive Digital Rear View Mirror Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ficosa International SA
14.3.2 GENTEX Corporation
14.3.3 Kappa Optronics GmbH
14.3.4 Magna International
14.3.5 SL Corporation
14.3.6 Continental AG
14.3.7 Samvardhana Motherson
14.3.8 Aptiv PLC
14.3.9 Clarion
14.3.10 Mobileye
14.3.11 Ficosa International SA
14.3.12 Hitachi Automotive Systems
14.3.13 Valeo
14.3.14 Robert Bosch GmbH
14.3.15 ZF Friedrichshafen
