Global Automotive Power Folding Mirror Systems Market 2017-2021

  • ID: 4438570
  • Report
  • Region: Global
  • 66 pages
  • TechNavio
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FEATURED COMPANIES

  • Ficosa International
  • FLABEG AUTOMOTIVE HOLDING
  • Gentex
  • Magna International
  • Milenco
  • MURAKAMI
  • MORE
1h Free Analyst Time

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About Automotive Power Folding Mirror Systems

A power folding mirror is a type of outside rear-view mirror (ORVM) equipped with electrical means for horizontal and vertical adjustment from inside the vehicle. This feature helps to fit the vehicle in tight parking spaces or as a safety feature while driving through an automatic car wash. The power folding mirrors can be operated via the mirror button on the driver's door. An automatic mode can also be selected to fold the mirrors automatically when parked. These mirrors are equipped with electrical means for vertical and horizontal adjustment from inside the vehicle. The glass of a power folding mirror can also be electrically heated to keep it away from fogging.

The analysts forecast the global automotive power folding mirror systems market to grow at a CAGR of 10.16% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive power folding mirror systems market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Automotive Power Folding Mirror Systems 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
  • Ficosa International
  • Gentex
  • Magna International
  • MURAKAMI
  • Samvardhana Motherson
Other prominent vendors
  • FLABEG AUTOMOTIVE HOLDING
  • Milenco
  • Mirror Controls international
  • Sakae Riken Kogyo
Market drivers
  • Increased focus on enhanced safety features
  • For a full, detailed list, view the full report
Market challenges
  • Cameras could be potential replacement for side-view mirrors
  • For a full, detailed list, view the full report
Market trends
  • Increase in popularity of smart rear-view mirrors with power folding feature
  • 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?
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Ficosa International
  • FLABEG AUTOMOTIVE HOLDING
  • Gentex
  • Magna International
  • Milenco
  • MURAKAMI
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Power folding mirror systems market: An overview
  • Parent market: Global automotive mirror market
  • Value chain analysis
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by vehicle type
  • Global automotive power folding mirror systems market by vehicle type
  • Global automotive power folding mirror systems market by passenger cars
  • Global automotive power folding mirror systems market by pickup trucks
PART 07: Geographical segmentation
  • Global automotive power folding mirror systems market by geography
  • Automotive power folding mirror systems market in APAC
  • Automotive power folding mirror systems market in EMEA
  • Automotive power folding mirror systems market in Americas
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Increase in popularity of smart rear-view mirrors with power folding feature
  • Introduction of auto-dimming mirrors with power folding feature
  • Integration of camera, radar, and LED technologies into the power folding mirror systems
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 12: Key vendor analysis
  • Ficosa International
  • Gentex
  • Magna International
  • MURAKAMI
  • Samvardhana Motherson
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Value chain of the global automotive power folding mirror systems market
Exhibit 02: Segmentation of the global automotive power folding mirror systems market
Exhibit 03: Global automotive power folding mirror systems market 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global automotive power folding mirror systems market by vehicle type 2016 & 2021 (%)
Exhibit 06: Global automotive power folding mirror systems market by passenger cars 2016-2021 ($ billions)
Exhibit 07: Global automotive power folding mirror systems market by pickup trucks 2016-2021 ($ billions)
Exhibit 08: Global automotive power folding mirror systems market by geography 2016 & 2021 (%)
Exhibit 09: Automotive power folding mirror systems market in APAC 2016-2021 ($ billions)
Exhibit 10: Automotive power folding mirror systems market in EMEA 2016-2021 ($ billions)
Exhibit 11: Automotive power folding mirror systems market in Americas 2016-2021 ($ billions)
Exhibit 12: Global automotive power folding mirror systems market: Other prominent vendors
Exhibit 13: Ficosa International: Business segmentation
Exhibit 14: Ficosa International: Product portfolio
Exhibit 15: Gentex: Business segmentation
Exhibit 16: Gentex: Product portfolio
Exhibit 17: Magna International: Business segmentation
Exhibit 18: Magna International: Product portfolio
Exhibit 19: MURAKAMI: Business segmentation
Exhibit 20: MURAKAMI: Product portfolio
Exhibit 21: Samvardhana Motherson: Business segmentation
Exhibit 22: Samvardhana Motherson: Product portfolio
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ficosa International
  • FLABEG AUTOMOTIVE HOLDING
  • Gentex
  • Magna International
  • Milenco
  • MURAKAMI
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Global Automotive Power Folding Mirror Systems Market 2017-2021

The author of the report recognizes the following companies as the key players in the global automotive power folding mirror systems market: Ficosa International, Gentex, Magna International, MURAKAMI, and Samvardhana Motherson.

Other Prominent Vendors in the market are: FLABEG AUTOMOTIVE HOLDING, Milenco, Mirror Controls international, and Sakae Riken Kogyo.

Commenting on the report, an analyst from the research team said: “One trend in the market is increase in popularity of smart rear-view mirrors with power folding feature. Mirrors are continuously being upgraded with advances in technology. Currently, mirrors equipped with advanced features such as temperature readings, travel calculations, and weather conditions are being adopted. For instance, Nissan has developed a smart rear-view mirror with power folding feature that provides better rear visibility.”

According to the report, one driver in the market is increased focus on enhanced safety features. Due to the increased government regulations on safety features such as in the US, NHTSA has made it mandatory to equip all the vehicles with rear-view cameras by May 2018. Also, the awareness among consumers to purchase vehicles with enhanced safety features has been increased. As a result, even higher variants of the mass-selling cars are equipped with smart side view mirrors. For instance, in the US, the best-selling cars such as Toyota Camry and Toyota Corolla are equipped with auto-dimming mirrors with power folding mirror systems. Even in Europe, most of the cars are equipped with an auto-dimming mirror with power folding feature.

Further, the report states that one challenge in the market is cameras could be potential replacement for side-view mirrors. The use of outside rear-view mirrors is a mandatory safety device for all vehicles. In the US, Tesla along with the Alliance of Automobile Manufacturers, which is the lobbying group in the US, filed a petition to the NHTSA to replace side-view mirrors with cameras. The cameras are smaller than the outside rear-view mirrors, which will lead to the reduction in the aero drag, especially when the vehicle is moving at a higher speed. The replacement of the ORVM with the camera will lead to an improvement in the aerodynamics of the vehicle, which will eventually lead to the fuel economy benefits.

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.
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  • Ficosa International
  • Gentex
  • Magna International
  • MURAKAMI
  • Samvardhana Motherson
  • FLABEG AUTOMOTIVE HOLDING
  • Milenco
  • Mirror Controls international
  • Sakae Riken Kogyo
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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