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Global Automotive Electrically Adjustable Outside Rear View (ORVM) Mirror Market 2019-2023 - Product Image

Global Automotive Electrically Adjustable Outside Rear View (ORVM) Mirror Market 2019-2023

  • ID: 4769222
  • Report
  • April 2019
  • Region: Global
  • 114 pages
  • TechNavio
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FEATURED COMPANIES

  • Ficosa Internacional S.A.
  • HondaLockMfg. Co. Ltd.
  • Magna International Inc.
  • Mitsuba Corp.
  • Murakami Corporation
  • MORE
The increase in the production of passenger vehicles is one of the key factors expected to augment the automotive electrically adjustable ORVM market growth during the forecast period. The global production of passenger vehicles has increased serving the base for the growth of the market. Automotive electrically adjustable ORVMs are often being offered as standard fitments in the mid-segment and premium segment passenger vehicles. In addition, owing to the increase in competition, product offerings, and focus on product differentiation by automotive OEMs, several budget cars are being sold in China and India, in turn, contributing to the market growth. The analysts have predicted that the automotive electrically adjustable outside rear view mirror market will register a CAGR of almost 7% by 2023.

Market Overview

Increasing demand for electrically adjustable ORVMs with advanced functionalities

One of the growth drivers of the global automotive electrically adjustable outside rear view (ORVM) mirror market is the increasing demand for electrically adjustable ORVMs with advanced functionalities. The growing integration of advanced features in electrically adjustable ORVMs is helping in driving the growth of the market during the forecast period.

The emergence of digital side rear-view mirrors

One of the challenges in the growth of the global automotive electrically adjustable outside rear view (ORVM) mirror market is the emergence of digital side rear-view mirrors. The extensive use of advanced visibility system by automakers can pose a threat to the market.

For the detailed list of factors that will drive and challenge the growth of the automotive electrically adjustable outside rear view (ORVM) mirror market during 2019-2023, view this report.

Competitive Landscape

The market appears to be concentrated with the presence of a few vendors. Prominent automotive OEMs are focusing on offering advanced driver assistance systems (ADAS) with electrically adjustable ORVMs for pickup trucks. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ficosa Internacional S.A.
  • HondaLockMfg. Co. Ltd.
  • Magna International Inc.
  • Mitsuba Corp.
  • Murakami Corporation
  • MORE

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Modular automotive electrically adjustable outside rear view (ORVM) mirror - Market size and forecast 2018-2023
  • Next-generation products - Market size and forecast 2018-2023
  • Rechargeable automotive electrically adjustable outside rear view (ORVM) mirror - Market size and forecast 2018-2023
  • Disposable automotive electrically adjustable outside rear view (ORVM) mirror - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing promotional activities by vendors in global automotive electrically adjustable outside rear view (ORVM) mirror market
  • Product innovations in global automotive electrically adjustable outside rear view (ORVM) mirror market
  • Increasing application of automotive electrically adjustable outside rear view (ORVM) mirror as a smoking cessation tool

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Ficosa Internacional S.A.
  • HondaLockMfg. Co. Ltd.
  • Magna International Inc.
  • Mitsuba Corp.
  • Murakami Corporation
  • Samvardhana Motherson Group

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of vendors classification
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ficosa Internacional S.A.
  • HondaLockMfg. Co. Ltd.
  • Magna International Inc.
  • Mitsuba Corp.
  • Murakami Corporation
  • MORE

Global Automotive Electrically Adjustable Outside Rear View (ORVM) Mirror Market 2019-2023

The analyst recognizes the following companies as the key players in the global automotive electrically adjustable outside rear view (ORVM) mirror market: Ficosa Internacional, HondaLockMfg. Co, Magna International, Mitsuba Corporation, Murakami Corporation, and Samvardhana Motherson Group.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the vehicle access systems comprising mirrors having biometric authentication.”

According to the report, one of the major drivers for this market is the increasing demand for electrically adjustable ORVMs with advanced functionalities.

Further, the report states that one of the major factors hindering the growth of this market is the complexities in design and manufacture of electrically adjustable ORVMs.

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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  • Ficosa Internacional S.A.
  • HondaLockMfg. Co. Ltd.
  • Magna International Inc.
  • Mitsuba Corp.
  • Murakami Corporation
  • Samvardhana Motherson Group
Note: Product cover images may vary from those shown
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