Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Light Vehicle OE Mirrors Market by Type (Exterior Mirrors, Interior Mirrors), By Application (Car, Light Truck) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Light Vehicle OE Mirrors Market by Type (Exterior Mirrors, Interior Mirrors), By Application (Car, Light Truck) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 137921 3300 Automobile & Transportation 377 249 Pages 5 (35)

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.

Global Light Vehicle OE Mirrors Industry Outlook

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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. Gentex
  2. Magna
  3. SMR
  4. Ficosa
  5. Murakami
  6. SL Corporation
  7. K.W. Muth
  8. Unitruck

Global Light Vehicle OE Mirrors Market Overview

Highlights of The Light Vehicle OE Mirrors Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Exterior Mirrors
    2. Interior Mirrors
  1. By Application:

    1. Car
    2. Light Truck
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Light Vehicle OE Mirrors Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. Magna Overview Financials Developments Strategic Outlook
      14.4.3. SMR Overview Financials Developments Strategic Outlook
      14.4.4. Ficosa Overview Financials Developments Strategic Outlook
      14.4.5. Murakami Overview Financials Developments Strategic Outlook
      14.4.6. SL Corporation Overview Financials Developments Strategic Outlook
      14.4.7. K.W. Muth Overview Financials Developments Strategic Outlook
      14.4.8. Unitruck Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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