Global Rear-View Mirror Market is valued USD 9.95 billion in 2016 is anticipated to grow USD 15.69 billion with the compounded annual growth of 5.19% over the forecast period 2018-2025.

New York 14 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Rear-View Mirror market industry is poised to raise USD 15.69 billion by 2025. The major factors expected to augment the market are growing awareness about passenger and vehicle safety, escalating requirements for premium vehicles, and rising stringency of vehicle safety standards. A rear-view mirror is a mirror in automobiles and other vehicles, designed to allow the driver to see rearward through the vehicle’s rear window. In cars, the rear-view mirror is usually attached to the top of the windshield on a double-swivel mount providing it to be altered to suit the viewing angle as well as the height of any driver and to swing harmlessly out of the way if impacted by a vehicle occupant in a collision.

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Global Rear-View Mirror Market Size Study, By Feature Type (Power Control, Blind Spot Detection, Automatic Folding, Auto-Dimming, Heating), By Mounting Location (Body, Door), By Product Type (Conventional, Smart), By Mirror Type (Interior, Exterior), By Vehicle Type (Commercial, Passenger), and By Regional Forecasts, 2018-2025

The industry is seeming to be fairly competitive. Some of the leading market players include Valeo S.A., Continental AG, Magna International, Inc., Gentex Corporation, Murakami Corporation, Samvardhana Motherson Reflectec, Ficosa International SA, Mobvoi, Inc., Ichikoh Industries, Ltd., Mitsuba Corporation, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.

Key findings of the study:

  • The Asia Pacific region accounted for the leading market share, more than XX % of the total market in 2016.
  • The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025

Bizwit Research & Consulting LLP has considered following segments for the study:

By Feature Type:

  • Power Control
  • Blind Spot Detection
  • Automatic Folding
  • Auto-Dimming
  • Heating

By Mounting Location:

  • Body Mounted
  • Door Mounted

By Product Type:

  • Conventional Rear-View Mirror
  • Smart Rear-View Mirror

By Mirror Type:

  • Interior Mirror
  • Exterior Mirror

By Vehicle Type:

  • Commercial Vehicles
  • Passenger Vehicles

Regional Outlook:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the World

To get a sample of this report or to purchase a copy of the study, you can directly contact us. Or mail to us at: sales@bizwitresearch.com

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