Market Overview:
The global light vehicle OE mirrors 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% during the forecast period. The exterior mirrors segment is expected to account for a major share of the global light vehicle OE mirrors market during the forecast period. The increasing demand for passenger cars and SUVs across the globe is anticipated to boost the demand for exterior mirrors in the coming years. Asia Pacific is expected to be one of the most lucrative markets for light vehicle OE mirrors during 2018-2030 owing to rising disposable income and growing automotive industry in countries such as China and India.
Product Definition:
Light Vehicle OE Mirrors are mirrors that are original equipment on light vehicles. They are typically made with high quality materials and construction, which results in superior performance and durability. Because of this, they offer drivers a clear view of the road around them and help to improve safety while driving.
Exterior Mirrors:
Exterior mirrors are used to provide the driver with a clear view of the surroundings without having to look away from the road. Mirrors are available in two types: interior and exterior mirrors. Exterior mirror is attached on the outer side of vehicle, usually on door panel. It provides an image of what is behind or next to the vehicle.
Interior Mirrors:
Interior mirrors are used to provide the driver with a clear view of the path in front of the vehicle. They are also helpful in providing a broad view of surrounding areas. Mirrors help to increase visibility and avoid accidents during driving, cycling, and walking.
Interior mirror & it's usage in Light Vehicle OE Mirrors market Size, Share & Trends Analysis Report By Application (Passenger Cars/Light Commercial Vehicles), By Region (North America [U.S.
Application Insights:
Car application dominated the overall industry in terms of revenue share at over 70.0% in 2017. The car manufacturers are focusing on providing better driving experience to their customers by upgrading the interior and exterior design of cars with respect to functionality and aesthetics. This is likely to fuel the demand for OE mirrors during the forecast period as consumers prefer buying new cars with aftermarket upgraded features, which also includes superior vision from side-view mirrors.
The light truck segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand for trucks equipped with safety equipment such as backup cameras, navigation systems, Wi-Fi hot spots.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region over the forecast period. The growth can be attributed to increasing vehicle production in countries, such as China and India. In 2017, around 13 million vehicles were manufactured in China while another 13 million were produced in India. This has led to a significant increase in demand for OE mirrors across Asia Pacific over the forecast period.
Europe was estimated at USD X billion in 2017 and is expected to witness considerable growth over the next eight years owing to stringent regulations by government agencies, such as ECE and SAE regarding driver safety coupled with high standards of quality expected from OEMs manufacturing passenger cars and commercial vehicles above 3 tons GVWR). North America accounted for a share of more than 10% of global light vehicle sales volume share on account of growing trend towards replacement or upgrading old models with new ones having advanced features (such as superior visibility) at lower prices compared with previous models (USD X versus USD X).
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in mirror design and manufacturing processes
- Stringent safety norms by regulatory authorities across the globe
- Growing popularity of luxury cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Vehicle OE Mirrors Market Research Report
By Type
Exterior Mirrors, Interior Mirrors
By Application
Car, Light Truck
By Companies
Gentex, Magna, SMR, Ficosa, Murakami, SL Corporation, K.W. Muth, Unitruck
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Light Vehicle OE Mirrors Market Report Segments:
The global Light Vehicle OE Mirrors market is segmented on the basis of:
Types
Exterior Mirrors, Interior Mirrors
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
Car, Light Truck
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
- Magna
- SMR
- Ficosa
- Murakami
- SL Corporation
- K.W. Muth
- Unitruck
Highlights of The Light Vehicle OE 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:
- Exterior Mirrors
- Interior Mirrors
- By Application:
- Car
- Light Truck
- 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 Light Vehicle OE 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
- 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?
OE mirrors are the original equipment mirrors that come on a car. They are made of glass and have a metal frame.
Some of the major players in the light vehicle oe mirrors market are Gentex, Magna, SMR, Ficosa, Murakami, SL Corporation, K.W. Muth, Unitruck.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Light Vehicle OE Mirrors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Light Vehicle OE Mirrors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Light Vehicle OE Mirrors Market - Supply Chain
4.5. Global Light Vehicle OE Mirrors Market Forecast
4.5.1. Light Vehicle OE Mirrors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Light Vehicle OE Mirrors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Light Vehicle OE Mirrors Market Absolute $ Opportunity
5. Global Light Vehicle OE Mirrors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Light Vehicle OE Mirrors Market Size and Volume Forecast by Type
5.3.1. Exterior Mirrors
5.3.2. Interior Mirrors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Light Vehicle OE Mirrors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Light Vehicle OE Mirrors Market Size and Volume Forecast by Application
6.3.1. Car
6.3.2. Light Truck
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Light Vehicle OE Mirrors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Light Vehicle OE Mirrors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Light Vehicle OE Mirrors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Light Vehicle OE Mirrors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Light Vehicle OE Mirrors Demand Share Forecast, 2019-2029
9. North America Light Vehicle OE Mirrors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Light Vehicle OE Mirrors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Light Vehicle OE Mirrors Market Size and Volume Forecast by Application
9.4.1. Car
9.4.2. Light Truck
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Light Vehicle OE Mirrors Market Size and Volume Forecast by Type
9.7.1. Exterior Mirrors
9.7.2. Interior Mirrors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Light Vehicle OE Mirrors Demand Share Forecast, 2019-2029
10. Latin America Light Vehicle OE Mirrors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Light Vehicle OE Mirrors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Light Vehicle OE Mirrors Market Size and Volume Forecast by Application
10.4.1. Car
10.4.2. Light Truck
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Light Vehicle OE Mirrors Market Size and Volume Forecast by Type
10.7.1. Exterior Mirrors
10.7.2. Interior Mirrors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Light Vehicle OE Mirrors Demand Share Forecast, 2019-2029
11. Europe Light Vehicle OE Mirrors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Light Vehicle OE Mirrors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Light Vehicle OE Mirrors Market Size and Volume Forecast by Application
11.4.1. Car
11.4.2. Light Truck
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Light Vehicle OE Mirrors Market Size and Volume Forecast by Type
11.7.1. Exterior Mirrors
11.7.2. Interior Mirrors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectins by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Light Vehicle OE Mirrors Demand Share, 2019-2029
12. Asia Pacific Light Vehicle OE Mirrors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Light Vehicle OE Mirrors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Light Vehicle OE Mirrors Market Size and Volume Forecast by Application
12.4.1. Car
12.4.2. Light Truck
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Light Vehicle OE Mirrors Market Size and Volume Forecast by Type
12.7.1. Exterior Mirrors
12.7.2. Interior Mirrors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Light Vehicle OE Mirrors Demand Share, 2019-2029
13. Middle East & Africa Light Vehicle OE Mirrors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Light Vehicle OE Mirrors Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Light Vehicle OE Mirrors Market Size and Volume Forecast by Application
13.4.1. Car
13.4.2. Light Truck
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Light Vehicle OE Mirrors Market Size and Volume Forecast by Type
13.7.1. Exterior Mirrors
13.7.2. Interior Mirrors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Light Vehicle OE Mirrors Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Light Vehicle OE Mirrors Market: Market Share Analysis
14.2. Light Vehicle OE Mirrors Distributors and Customers
14.3. Light Vehicle OE Mirrors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gentex
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Magna
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SMR
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ficosa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Murakami
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SL Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. K.W. Muth
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Unitruck
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook