Market Overview:
The global frameless 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 frameless rear view mirror market is segmented on the basis of type, application and region. On the basis of type, the frameless rear view mirror market is segmented into traditional and digital. The traditional segment accounted for a larger share of the global frameless rear view mirror market in 2017 and is expected to dominate during the forecast period. On the basis of application, passenger vehicles accounted for a larger share of the global frameless rear view mirror market in 2017 and are expected to dominate duringthe forecast period.
Product Definition:
Frameless Rear View Mirror is a mirror without a frame. It is fixed to the car with adhesive or tape and gives the driver a clear view of what is behind them.
Traditional:
The traditional rear view mirror is a device that has been in use for decades. It is fixed to the vehicle's interior side and provides the driver with a clear image of what is behind them. The technology used in these mirrors has not changed significantly since its inception, however, over time it has received several upgrades including integrated turn signal indicators and back-up cameras.
Digital:
The digital display in the FRVM is responsible for two major functions, namely it provides vehicle information to driver and also helps in avoiding road accidents. The Frameless rear view mirror has no physical connection with vehicle backing up camera or any other electronic device. It works on the principle of wireless communication between sensor mounted on vehicle and mirror unit installed at drivers side window.
Application Insights:
Passenger vehicles accounted for a major share in the global frameless rear view mirror market owing to increasing demand for automobiles among developing countries. In addition, the rising need for safety and security of passengers while traveling is expected to drive the demand over the forecast period. The growing trend of road travel has led to an increase in number of fatalities and injuries caused by blind spots on roads which can be dangerous if not seen properly. This is anticipated to boost product demand over the forecast period.
The commercial vehicle segment is also expected register significant growth during future years on account of increasing utilization of these products in various types such as trucks, buses, coaches among others which are used by numerous people across various regions at any given time.
Regional Analysis:
Europe dominated the global frameless rear view mirror market in terms of revenue share in 2017. The presence of stringent regulations regarding the use of mirrors that do not meet safety standards is one major factor responsible for its large share. For instance, according to Daimler AG, all new passenger cars and light commercial vehicles launched from 2018 must have a digital display integrated into the main instrument cluster or on-board computer system. This will provide drivers with an option to choose between two displays: a traditional analog type and a digital type that provides clear images without any obstruction.
Asia Pacific is expected to be one of the fastest growing regions over the forecast period owing to increasing demand from developing countries such as India and China along with other Southeast Asian nations.
Growth Factors:
- Increasing demand for frameless rear view mirrors in the automotive industry as a result of their advantages such as reduced weight and better visibility.
- Growing popularity of luxury cars and SUVs, which are equipped with frameless rear view mirrors as standard or optional features.
- Rising demand for aftermarket frameless rear view mirrors from consumers who want to upgrade the appearance and functionality of their vehicles.
- Technological advancements that have led to the development of new frameless mirror designs and materials, making them more durable and resistant to weathering effects over time.
- Increasing awareness about the benefits of using frameless rear view mirrors, which is helping to drive adoption among consumers across different segments
Scope Of The Report
Report Attributes
Report Details
Report Title
Frameless Rear View Mirror Market Research Report
By Type
Traditional, Digital
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
3M, Brandmotion, Ficosa International SA, Gentex, Magna International, Inc., Rear View Safety, Inc, Vision Tech America, 3M
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
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Frameless Rear View Mirror Market Report Segments:
The global Frameless Rear View Mirror market is segmented on the basis of:
Types
Traditional, Digital
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:
- 3M
- Brandmotion
- Ficosa International SA
- Gentex
- Magna International, Inc.
- Rear View Safety, Inc
- Vision Tech America
- 3M
Highlights of The Frameless 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:
- Traditional
- Digital
- 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 Frameless 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?
A frameless rear view mirror is a type of rearview mirror that does not have any frames. This type of mirror is often used on cars because it allows for a more sleek and modern look.
Some of the key players operating in the frameless rear view mirror market are 3M, Brandmotion, Ficosa International SA, Gentex, Magna International, Inc., Rear View Safety, Inc, Vision Tech America, 3M.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Frameless 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 Frameless Rear View Mirror Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Frameless 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 Frameless 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 Frameless Rear View Mirror Market Size & Forecast, 2018-2028
4.5.1 Frameless Rear View Mirror Market Size and Y-o-Y Growth
4.5.2 Frameless Rear View Mirror Market Absolute $ Opportunity
Chapter 5 Global Frameless 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 Frameless Rear View Mirror Market Size Forecast by Type
5.2.1 Traditional
5.2.2 Digital
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Frameless 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 Frameless 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 Frameless 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 Frameless 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 Frameless Rear View Mirror Analysis and Forecast
9.1 Introduction
9.2 North America Frameless 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 Frameless Rear View Mirror Market Size Forecast by Type
9.6.1 Traditional
9.6.2 Digital
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 Frameless 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 Frameless Rear View Mirror Analysis and Forecast
10.1 Introduction
10.2 Europe Frameless 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 Frameless Rear View Mirror Market Size Forecast by Type
10.6.1 Traditional
10.6.2 Digital
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 Frameless 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 Frameless Rear View Mirror Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Frameless 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 Frameless Rear View Mirror Market Size Forecast by Type
11.6.1 Traditional
11.6.2 Digital
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 Frameless 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 Frameless Rear View Mirror Analysis and Forecast
12.1 Introduction
12.2 Latin America Frameless 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 Frameless Rear View Mirror Market Size Forecast by Type
12.6.1 Traditional
12.6.2 Digital
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 Frameless 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) Frameless Rear View Mirror Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Frameless 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) Frameless Rear View Mirror Market Size Forecast by Type
13.6.1 Traditional
13.6.2 Digital
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) Frameless 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 Frameless Rear View Mirror Market: Competitive Dashboard
14.2 Global Frameless Rear View Mirror Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Brandmotion
14.3.3 Ficosa International SA
14.3.4 Gentex
14.3.5 Magna International, Inc.
14.3.6 Rear View Safety, Inc
14.3.7 Vision Tech America
14.3.8 3M
