Global Automotive Trailer Tow Mirror (ATTM) Market 2017-2021

  • ID: 4202002
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • CARiDcom
  • Ford Motor Company
  • ISP Glendale
  • K Source
  • Milenco
  • Power Vision
  • MORE
About Automotive Trailer Tow Mirror

The driving mirror helps the driver to see what is nearby the vehicle. It also helps the driver to calculate the distance between the car and the trailing vehicles. The other types of vehicle mirrors are wing or door mirrors, usually known as side-view mirrors. Rear-view mirrors give the view of objects at a nearby range of the vehicle by reflecting images that fall on the interior driving mirror. Some vehicles use cameras or sensors for alerts to differentiate between various objects. Front-view mirrors also reflect images of vehicles nearby.

The analysts forecast the global automotive safety tow mirror market to grow at a CAGR of 11.87% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive safety tow mirror market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of automotive safety tow mirror.

The market is divided into the following segments based on geography:
- North America
- ROW

The report, Global Automotive Trailer Tow Mirror Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Samvardhana Motherson
- K Source
- Milenco
- ISP Glendale

Other prominent vendors
- CARiD.com
- Ford Motor Company
- Power Vision

Market drivers
- Higher demands of pickup leads to the growth of towing mirror
- For a full, detailed list, view the full report

Market challenges
- Regulatory concern of towable RVs and pickup trucks hindering the growth
- For a full, detailed list, view the full report

Market trends
- Integration with cameras to cover blind spot
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • CARiDcom
  • Ford Motor Company
  • ISP Glendale
  • K Source
  • Milenco
  • Power Vision
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
  • Overview:
  • Mechanism behind the towing mirror
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Product life cycle
  • Five forces analysis
PART 06: Market segmentation by vehicle type
  • Towing mirrors in pickup trucks
  • Market size and forecast
  • Towing mirrors in towable RVs
  • Market size and forecast
PART 07: Geographical segmentation
  • Global ATTM by geography
  • North America
  • ROW
  • Market size and forecast
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Integration with cameras to cover blind spot
  • Electronically controlled features adding advantage to the towing mirror
  • Dual mirrors increasing safety features
PART 11: Vendor landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Samvardhana Motherson
  • K Source
  • Milenco
  • ISP Glendale
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Types of towing mirrors
Exhibit 02: Functioning of a tow mirror
Exhibit 03: Segmentation of the ATTM market
Exhibit 04: Global ATTM market 2016-2021 (million units)
Exhibit 05: Product life cycle of the towing mirror 2016
Exhibit 06: Five forces analysis
Exhibit 07: ATTM market by vehicle type 2016 and 2021
Exhibit 08: ATTM market by pickup trucks 2016-2021 (million units)
Exhibit 09: ATTM market by towable RVs (million units)
Exhibit 10: Global ATTM market: Segmentation by region 2016 (% share)
Exhibit 11: Global ATTM market: Segmentation by region 2021
Exhibit 12: Unit shipment of ATTM market 2016- 2021 (million units)
Exhibit 13: ATTM market in North America 2016-2021 (million units)
Exhibit 14: ATTM market in ROW 2016-2021 (million units)
Exhibit 15: Pickup trucks – Application areas
Exhibit 16: Benchmarking of the players of ATTM market
Exhibit 17: Other prominent vendors
Exhibit 18: Samvardhana Motherson: Business segmentation
Exhibit 19: Product segments of K Source
Exhibit 20: New product launches of K Source
Exhibit 21: Product segment of Milenco
Exhibit 22: Product segment of ISP Glenade
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • CARiDcom
  • Ford Motor Company
  • ISP Glendale
  • K Source
  • Milenco
  • Power Vision
  • MORE
New Report Released: – Global Automotive Trailer Tow Market 2017-2021

The author of the report recognizes the following companies as the key players in the global automotive trailer tow market: Samvardhana Motherson, K Source, Milenco, and ISP Glendale

Other Prominent Vendors in the market are: CARiD.com, Ford Motor Company, and Power Vision

Commenting on the report, an analyst from the research team said: “Towing mirrors increase the visibility of the side view of the vehicle, while an extra load is attached to it. The normal flat mirror gives the replica of the exact picture without getting into the wider prospects. The wider view is needed by the driver to ensure safety while towing. Advances in technology are adding features to it such as clearance light mounted on the side and back for adding clarity to the image. The other features, such as cargo lamps and internal turn signals, are also incorporated in this mirror. The towable mirror is electrically controlled and helps in demisting the glass of the mirror off the fog or ice. It can also control the seating position and adjust the angle of the mirrors. It is electronically folded in the door. Chevrolet Silverado and GMC Sierra heavy-duty trucks have this feature incorporated in their towing mirrors.”

According to the report, the most recent trend in a vast range of consumer products is DIY products. Consumers buy the DIY product in a dismantled form from the store and install it themselves. This trend has caught on in the global ATTM market as well. The end-consumer of a towing mirror (vehicle owner) can now pick up a towing mirror system, assemble the different components as per the instructions given in the manual, and install the final system without help from an expert or an engineer. This is an added advantage to both the buyer and the seller because it is time-saving for the buyer and cost-effective for the seller.

Further, the report states that there exists a lack of awareness about the usefulness of towing mirrors. Many people are not aware of the benefits it provides, which normal side-view mirrors cannot provide. Towing mirror increases the visibility of the rear side of the vehicle, especially when an extra load is attached to it. However, there is still a lack of knowledge of the advantage of the use of towing mirrors. Very few OEMs have started offering it as a standard factory fitment. According to Caravan Safety and Security Group, it was a misconception among many drivers that since they are towing with a substantial 4*4 vehicle, the towing mirror is not needed.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Samvardhana Motherson
  • K Source
  • Milenco
  • ISP Glendale
  • CARiDcom
  • Ford Motor Company
  • Power Vision
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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