Market Overview:
The global digital rearview mirrors solutions market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced safety features in vehicles and the growing adoption of connected cars. The global digital rearview mirrors solutions market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into 4G and 4G LTE. On the basis of application, it is segmented into commercial car and passenger car. Region-wise, it is divided into North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA). Among all regions studied in this research study North America holds a dominant position followed by Europe with respect to revenue generated from sales of digital rearview mirror solutions during 2018-2030 period owing to high penetration rate for these systems across developed countries such as U.S.
Product Definition:
A digital rearview mirror solution is a system that uses cameras and sensors to provide a view of the rear of the vehicle on a screen in the dashboard or inside the vehicle. This can provide drivers with an increased field of vision, which can be helpful when reversing or parking.
4G:
4G is a term used to define the fourth generation of mobile communications. It is also known as LTE, which stands for Long Term Evolution. The technology provides high-speed data transfer at an affordable cost, and it can support multiple devices in a household with varying connection speeds.
4G LTE:
4G LTE is a term used for high-speed data communication in the third generation of mobile communications. It is also known as Long Term Evolution (LTE). The technology provides improved coverage, larger bandwidth, and lower latency than previous generations of mobile networks. 4G offers several benefits to vehicle owners such as increased connectivity and telematics capabilities along with high-speed data transfer for infotainment systems such as rearview mirrors sulutions.
Application Insights:
The commercial car segment led the global market and accounted for more than 60.0% share of the total revenue in 2017. The growth is attributed to an increase in the number of commercial vehicles on roads, especially in developing countries like India and China. For instance, according to a study conducted by LMC Automotive, Ltd., there were around 516 million light vehicles on Indian roads as of 2016, which was a rise of around 35% from 2010 levels. This has resulted in increased demand for digital rearview mirrors sullotions across various vehicle types including buses and trucks.
Passenger cars are expected to be one of the fastest-growing segments over the forecast period owing to increasing disposable income levels coupled with rising consumer preference for premium features such as navigation systems and infotainment systems installed at affordable prices within these cars.
Regional Analysis:
The North American regional market dominated the global demand in 2017. This can be attributed to the presence of prominent luxury car manufacturers such as BMW, Mercedes Benz and Audi in this region. The increasing adoption of advanced safety systems by drivers is one of the major factors propelling the regional product demand. For instance, according to a survey conducted by JDPowertrain on behalf of Bosch, around 89% vehicle owners in U.S have installed some form of driver assistance system (DAS) like lane departure warning signal or autonomous breaking function that uses millimeter-wave technology for radar detection and processing functions.
However, Asia Pacific is expected to emerge as a lucrative regional market over the forecast period owing to growing automotive industry coupled with rising disposable income among consumers especially those living under China’s urban centers along its coastlines which borders South Korea, Japan and India).
Growth Factors:
- Increasing demand for advanced safety features in vehicles
- Rising awareness about the benefits of digital rearview mirrors
- Growing popularity of autonomous and semi-autonomous vehicles
- Proliferation of advanced driver assistance systems (ADAS) in automobiles
- Technological advancements in digital rearview mirror technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Rearview Mirrors Sulotions Market Research Report
By Type
4G, 4G LTE
By Application
Commercial Car, Passenger Car
By Companies
Gentex, Ficosa, Valeo, Tokai Rika, Motherson Group, Magna International, Hua Yang Bhd, Shanghai Yuxing Electronics, VW-Mobvoi, Shenzhen Roadrover Technology, Bosch, 3M, Kappa Optronics
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Digital Rearview Mirrors Sulotions Market Report Segments:
The global Digital Rearview Mirrors Sulotions market is segmented on the basis of:
Types
4G, 4G LTE
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
Commercial Car, Passenger Car
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:
- Gentex
- Ficosa
- Valeo
- Tokai Rika
- Motherson Group
- Magna International
- Hua Yang Bhd
- Shanghai Yuxing Electronics
- VW-Mobvoi
- Shenzhen Roadrover Technology
- Bosch
- 3M
- Kappa Optronics
Highlights of The Digital Rearview Mirrors Sulotions 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:
- 4G
- 4G LTE
- By Application:
- Commercial Car
- Passenger Car
- 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 Digital Rearview Mirrors Sulotions 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Digital Rearview Mirrors Sulotions are a type of adhesive that attaches to the inside of your car's rearview mirror. They use a special adhesive that is designed to stay on the mirror even when wet or dirty. This allows you to see behind you without having to remove your mirror every time you want to check your surroundings.
Some of the major companies in the digital rearview mirrors sulotions market are Gentex, Ficosa, Valeo, Tokai Rika, Motherson Group, Magna International, Hua Yang Bhd, Shanghai Yuxing Electronics, VW-Mobvoi, Shenzhen Roadrover Technology, Bosch, 3M, Kappa Optronics.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Rearview Mirrors Sulotions 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 Digital Rearview Mirrors Sulotions Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Digital Rearview Mirrors Sulotions 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 Digital Rearview Mirrors Sulotions 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 Digital Rearview Mirrors Sulotions Market Size & Forecast, 2018-2028 4.5.1 Digital Rearview Mirrors Sulotions Market Size and Y-o-Y Growth 4.5.2 Digital Rearview Mirrors Sulotions Market Absolute $ Opportunity
Chapter 5 Global Digital Rearview Mirrors Sulotions 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 Digital Rearview Mirrors Sulotions Market Size Forecast by Type
5.2.1 4G
5.2.2 4G LTE
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Rearview Mirrors Sulotions 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 Digital Rearview Mirrors Sulotions Market Size Forecast by Applications
6.2.1 Commercial Car
6.2.2 Passenger Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Rearview Mirrors Sulotions 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 Digital Rearview Mirrors Sulotions 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 Digital Rearview Mirrors Sulotions Analysis and Forecast
9.1 Introduction
9.2 North America Digital Rearview Mirrors Sulotions 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 Digital Rearview Mirrors Sulotions Market Size Forecast by Type
9.6.1 4G
9.6.2 4G LTE
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 Digital Rearview Mirrors Sulotions Market Size Forecast by Applications
9.10.1 Commercial Car
9.10.2 Passenger Car
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 Digital Rearview Mirrors Sulotions Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Rearview Mirrors Sulotions 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 Digital Rearview Mirrors Sulotions Market Size Forecast by Type
10.6.1 4G
10.6.2 4G LTE
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 Digital Rearview Mirrors Sulotions Market Size Forecast by Applications
10.10.1 Commercial Car
10.10.2 Passenger Car
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 Digital Rearview Mirrors Sulotions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Rearview Mirrors Sulotions 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 Digital Rearview Mirrors Sulotions Market Size Forecast by Type
11.6.1 4G
11.6.2 4G LTE
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 Digital Rearview Mirrors Sulotions Market Size Forecast by Applications
11.10.1 Commercial Car
11.10.2 Passenger Car
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 Digital Rearview Mirrors Sulotions Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Rearview Mirrors Sulotions 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 Digital Rearview Mirrors Sulotions Market Size Forecast by Type
12.6.1 4G
12.6.2 4G LTE
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 Digital Rearview Mirrors Sulotions Market Size Forecast by Applications
12.10.1 Commercial Car
12.10.2 Passenger Car
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) Digital Rearview Mirrors Sulotions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Rearview Mirrors Sulotions 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) Digital Rearview Mirrors Sulotions Market Size Forecast by Type
13.6.1 4G
13.6.2 4G LTE
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) Digital Rearview Mirrors Sulotions Market Size Forecast by Applications
13.10.1 Commercial Car
13.10.2 Passenger Car
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 Digital Rearview Mirrors Sulotions Market: Competitive Dashboard
14.2 Global Digital Rearview Mirrors Sulotions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gentex
14.3.2 Ficosa
14.3.3 Valeo
14.3.4 Tokai Rika
14.3.5 Motherson Group
14.3.6 Magna International
14.3.7 Hua Yang Bhd
14.3.8 Shanghai Yuxing Electronics
14.3.9 VW-Mobvoi
14.3.10 Shenzhen Roadrover Technology
14.3.11 Bosch
14.3.12 3M
14.3.13 Kappa Optronics