Market Overview:
The global automotive interior rear view mirror market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. The conventional rear view mirror segment is expected to dominate the global automotive interior rear view mirror market during the forecast period. This can be attributed to its low cost as compared to smart rear view mirrors. However, with technological advancements, smart rearview mirrors are expected witness high growth rates during the forecast period.
Product Definition:
A rear view mirror is a mirror mounted at the back of a vehicle that allows the driver to see objects behind them.
Conventional Rear View Mirror:
Conventional rear view mirror is a type of vehicle rearview mirror that was widely used before the introduction of smart mirrors. It is a two-piece glass assembly fixed to the door inner panel with a metal support. One side contains the signal (backing) light and other side shows you the image from behind. The conventional rear view mirrors are manufactured in two different types, namely folding type and non-folding type.
Smart Rear View Mirror:
The smart rear-view mirror is a type of intelligent vehicle monitoring system that consists of a camera and an integrated display that can be attached to the rear window or the side window of vehicles. The smart mirror functions similarly to a normal rear-view mirror, but it also includes several innovative features such as parking assistance, reverse automatic parking, blind spot detection and traffic sign recognition.
Smart mirrors are being increasingly adopted by luxury car manufacturers such as BMW AG, Audi AG.
Application Insights:
Passenger vehicles accounted for a major market share of over 80% in 2017. The demand is generally higher in urban areas as compared to rural areas. This can be attributed to the increasing number of passenger vehicles as a result of growing middle-class population and rapid growth in the tourism industry, especially in developing countries such as India and China. Moreover, an increase in per capita income has resulted in an increased demand for automobiles which will further boost the overall market during the forecast period.
The commercial vehicle segment is expected to witness significant growth over the forecast period owing to rising adoption of these vehicles across various industries including mining, construction and transportation & logistics among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, registering a CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing sales of passenger vehicles in China and India. The Chinese government has been making an effort to promote electric vehicles in the country which will further drive regional demand for automotive interior rear view mirror market over the forecast period.
Europe accounted for more than 25% share of global revenue in 2017 owing to stringent regulations by governments about driver distraction while driving that have resulted into increased adoption of conventional as well as smart mirrors by consumers, thereby boosting industry growth over the forecast period. North America also had a significant market share due to high demand from U.S.
Growth Factors:
- Increasing demand for luxury cars
- Rising disposable income of consumers in developing countries
- Technological advancements in mirror design and functionality
- Growing popularity of autonomous vehicles
- Stringent safety regulations for automotive interior components
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Interior Rear View Mirror Market Research Report
By Type
Conventional Rear View Mirror, Smart Rear View Mirror
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Continental AG, Ficosa International SA, Flabeg Automotive Holding GmbH, Gentex Corporation, Honda Lock Mfg. Co., Ltd., Ichikoh Industries, Ltd., Ishizaki Honten Company Limited, Magna International, Inc., Mitsuba Corporation, Mobvoi, Inc., Continental AG, Sakae Riken Kogyo Co., Ltd., Samvardhana Motherson Reflectec, SL Corporation, Tokai Rika Co., Ltd.
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
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Interior Rear View Mirror Market Report Segments:
The global Automotive Interior Rear View Mirror market is segmented on the basis of:
Types
Conventional Rear View Mirror, Smart Rear View Mirror
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 Vehicles, Commercial Vehicles
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:
- Continental AG
- Ficosa International SA
- Flabeg Automotive Holding GmbH
- Gentex Corporation
- Honda Lock Mfg. Co., Ltd.
- Ichikoh Industries, Ltd.
- Ishizaki Honten Company Limited
- Magna International, Inc.
- Mitsuba Corporation
- Mobvoi, Inc.
- Continental AG
- Sakae Riken Kogyo Co., Ltd.
- Samvardhana Motherson Reflectec
- SL Corporation
- Tokai Rika Co., Ltd.
Highlights of The Automotive Interior 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:
- Conventional Rear View Mirror
- Smart Rear View Mirror
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- 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 Interior 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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 interior rear view mirror is a device that allows drivers to see behind them while driving. It is typically mounted on the inside of the vehicle's rear window, and provides a clear view of traffic in both directions.
Some of the key players operating in the automotive interior rear view mirror market are Continental AG, Ficosa International SA, Flabeg Automotive Holding GmbH, Gentex Corporation, Honda Lock Mfg. Co., Ltd., Ichikoh Industries, Ltd., Ishizaki Honten Company Limited, Magna International, Inc., Mitsuba Corporation, Mobvoi, Inc., Continental AG, Sakae Riken Kogyo Co., Ltd., Samvardhana Motherson Reflectec, SL Corporation, Tokai Rika Co., Ltd..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Interior 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 Interior Rear View Mirror Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Interior 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 Interior 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 Interior Rear View Mirror Market Size & Forecast, 2018-2028 4.5.1 Automotive Interior Rear View Mirror Market Size and Y-o-Y Growth 4.5.2 Automotive Interior Rear View Mirror Market Absolute $ Opportunity
Chapter 5 Global Automotive Interior 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 Interior Rear View Mirror Market Size Forecast by Type
5.2.1 Conventional Rear View Mirror
5.2.2 Smart Rear View Mirror
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Interior 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 Interior Rear View Mirror Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Interior 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 Interior 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 Interior Rear View Mirror Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Interior 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 Interior Rear View Mirror Market Size Forecast by Type
9.6.1 Conventional Rear View Mirror
9.6.2 Smart Rear View Mirror
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 Interior Rear View Mirror Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Commercial Vehicles
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 Interior Rear View Mirror Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Interior 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 Interior Rear View Mirror Market Size Forecast by Type
10.6.1 Conventional Rear View Mirror
10.6.2 Smart Rear View Mirror
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 Interior Rear View Mirror Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Commercial Vehicles
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 Interior Rear View Mirror Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Interior 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 Interior Rear View Mirror Market Size Forecast by Type
11.6.1 Conventional Rear View Mirror
11.6.2 Smart Rear View Mirror
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 Interior Rear View Mirror Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Commercial Vehicles
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 Interior Rear View Mirror Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Interior 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 Interior Rear View Mirror Market Size Forecast by Type
12.6.1 Conventional Rear View Mirror
12.6.2 Smart Rear View Mirror
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 Interior Rear View Mirror Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Commercial Vehicles
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 Interior Rear View Mirror Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Interior 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 Interior Rear View Mirror Market Size Forecast by Type
13.6.1 Conventional Rear View Mirror
13.6.2 Smart Rear View Mirror
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 Interior Rear View Mirror Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Commercial Vehicles
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 Interior Rear View Mirror Market: Competitive Dashboard
14.2 Global Automotive Interior Rear View Mirror Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental AG
14.3.2 Ficosa International SA
14.3.3 Flabeg Automotive Holding GmbH
14.3.4 Gentex Corporation
14.3.5 Honda Lock Mfg. Co., Ltd.
14.3.6 Ichikoh Industries, Ltd.
14.3.7 Ishizaki Honten Company Limited
14.3.8 Magna International, Inc.
14.3.9 Mitsuba Corporation
14.3.10 Mobvoi, Inc.
14.3.11 Continental AG
14.3.12 Sakae Riken Kogyo Co., Ltd.
14.3.13 Samvardhana Motherson Reflectec
14.3.14 SL Corporation
14.3.15 Tokai Rika Co., Ltd.