Market Overview:
The global safety mirrors market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for safety mirrors from commercial and residential applications. In addition, the growing awareness about safety among consumers is also contributing to the growth of this market. The global safety mirrors market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into convex safety mirror, flat safety mirror, and dome security mirror. The convex security mirror segment is expected to grow at a higher CAGR during the forecast period as compared to other segments owing to its ability to provide a wider field of view as compared to other types of mirrors. On the basis of application, it can be classified into commercial and residential applications.
Product Definition:
A safety mirror is a mirror that has been treated with a reflective coating to make it less likely to break. Safety mirrors are used in areas where there is a high risk of injury if someone were to be hit by glass from a broken mirror.
Convex Safety Mirror:
Convex safety mirror is a type of reflective device used on roadways to enhance the drivers' visibility. It is also known as Road Signals or Traffic Control Signal. These mirrors are installed at regular intervals along the roads and highways for controlling traffic.
The convex shape of a safety mirror provides an enhanced field of view which enables the driver to see vehicles coming from behind, as well as on both sides of the vehicle simultaneously without having to adjust the mirror while driving.
Flat Safety Mirror:
Flat safety mirror is a flat glass that is mounted on the steering wheel of vehicles. It provides a wide view of the road in front of the vehicle and helps to avoid any kind of accidents. The major function performed by this device includes providing drivers with an accurate assessment regarding visibility at night or during conditions when headlights are glare off wet roads for instance, thereby helping them drive safely.
Flat safety mirrors are available in different shapes.
Application Insights:
The commercial application segment accounted for the largest share of more than 60.0% in 2017. The growing number of hospitals, shopping malls and hotels, among other commercial places is expected to drive the demand for safety mirrors in the near future. Moreover, a rise in road accidents due to lack of proper vision while driving will boost product demand further.
The residential application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising awareness about eye health and safety among consumers across various regions coupled with increasing spending on home improvement activities globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to stringent safety regulations, high adoption rate of new technologies, and increasing road accidents in the region. In North America, there were 1.3 million injuries caused due to traffic accidents every year as per a study by WHO and UNFPA in 2015.
In Asia Pacific, countries such as China.
Growth Factors:
- Increasing demand for safety mirrors in the automotive industry as a result of stringent government regulations and consumer awareness.
- Growing demand for safety mirrors from the construction sector due to increasing number of infrastructure projects across the globe.
- Rising popularity of mirror-based surveillance systems in commercial and residential establishments.
- Proliferation of advanced manufacturing technologies that have resulted in development of innovative safety mirror products with better performance characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Safety Mirrors Market Research Report
By Type
Convex Safety Mirror, Flat Safety Mirror, Dome Safety Mirror
By Application
Commercial, Residential
By Companies
Fred Silver, DuraVision, Ashtree Vision & Safety, Se-Kure Domes & Mirrors, Clarke's Safety Mirrors, Smartech Safety Solutions, Walker Glass Company, CS Mirrors, Lester L. Brossard Company
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Safety Mirrors Market Report Segments:
The global Safety Mirrors market is segmented on the basis of:
Types
Convex Safety Mirror, Flat Safety Mirror, Dome Safety 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
Commercial, Residential
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:
- Fred Silver
- DuraVision
- Ashtree Vision & Safety
- Se-Kure Domes & Mirrors
- Clarke's Safety Mirrors
- Smartech Safety Solutions
- Walker Glass Company
- CS Mirrors
- Lester L. Brossard Company
Highlights of The Safety Mirrors 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:
- Convex Safety Mirror
- Flat Safety Mirror
- Dome Safety Mirror
- By Application:
- Commercial
- Residential
- 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 Safety Mirrors 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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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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 safety mirror is a device that helps drivers see behind them while driving. It is typically mounted on the rearview mirror, and it reflects images of objects in front of the car back to the driver. This allows drivers to see if they are following traffic rules and whether there are any obstacles in their path.
Some of the major players in the safety mirrors market are Fred Silver, DuraVision, Ashtree Vision & Safety, Se-Kure Domes & Mirrors, Clarke's Safety Mirrors, Smartech Safety Solutions, Walker Glass Company, CS Mirrors, Lester L. Brossard Company.
The safety mirrors market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Safety Mirrors 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 Safety Mirrors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Safety Mirrors 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 Safety Mirrors 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 Safety Mirrors Market Size & Forecast, 2018-2028
4.5.1 Safety Mirrors Market Size and Y-o-Y Growth
4.5.2 Safety Mirrors Market Absolute $ Opportunity
Chapter 5 Global Safety Mirrors 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 Safety Mirrors Market Size Forecast by Type
5.2.1 Convex Safety Mirror
5.2.2 Flat Safety Mirror
5.2.3 Dome Safety Mirror
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Safety Mirrors 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 Safety Mirrors Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Safety Mirrors 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 Safety Mirrors 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 Safety Mirrors Analysis and Forecast
9.1 Introduction
9.2 North America Safety Mirrors 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 Safety Mirrors Market Size Forecast by Type
9.6.1 Convex Safety Mirror
9.6.2 Flat Safety Mirror
9.6.3 Dome Safety 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 Safety Mirrors Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
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 Safety Mirrors Analysis and Forecast
10.1 Introduction
10.2 Europe Safety Mirrors 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 Safety Mirrors Market Size Forecast by Type
10.6.1 Convex Safety Mirror
10.6.2 Flat Safety Mirror
10.6.3 Dome Safety 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 Safety Mirrors Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
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 Safety Mirrors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Safety Mirrors 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 Safety Mirrors Market Size Forecast by Type
11.6.1 Convex Safety Mirror
11.6.2 Flat Safety Mirror
11.6.3 Dome Safety 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 Safety Mirrors Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
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 Safety Mirrors Analysis and Forecast
12.1 Introduction
12.2 Latin America Safety Mirrors 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 Safety Mirrors Market Size Forecast by Type
12.6.1 Convex Safety Mirror
12.6.2 Flat Safety Mirror
12.6.3 Dome Safety 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 Safety Mirrors Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
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) Safety Mirrors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Safety Mirrors 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) Safety Mirrors Market Size Forecast by Type
13.6.1 Convex Safety Mirror
13.6.2 Flat Safety Mirror
13.6.3 Dome Safety 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) Safety Mirrors Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
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 Safety Mirrors Market: Competitive Dashboard
14.2 Global Safety Mirrors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fred Silver
14.3.2 DuraVision
14.3.3 Ashtree Vision & Safety
14.3.4 Se-Kure Domes & Mirrors
14.3.5 Clarke's Safety Mirrors
14.3.6 Smartech Safety Solutions
14.3.7 Walker Glass Company
14.3.8 CS Mirrors
14.3.9 Lester L. Brossard Company
