Quick Summary:
As the Automotive Rear-view Mirror Market propels towards its forecasted worth of $8.9 Billion by 2030, understanding its trends, growth factors, and competitive landscape becomes crucial for strategic business decisions. Within this market, Exterior Mirrors are projected to reach $5.9 Billion by the end of the period, marking an area not only of significant potential but also of intensifying competition.
This detailed report aims to not only guide you through the nuances of this dynamic market but also arm you with valuable insights to drive your investment decisions. The in-depth analysis covers key geographic markets like the U.S., China, Japan, Canada, and Europe, each with its own unique opportunities and growth patterns. Furthermore, the report offers an exclusive view of industry competitors - enabling a comprehensive understanding of the competitive landscape and market shares. In addition, our customers enjoy complimentary access to our digital archives, Research Platform and updates for one year.
Global Automotive Rear-view Mirror Market to Reach $8.9 Billion by 2030
The global market for Automotive Rear-view Mirror estimated at US$7.7 Billion in the year 2022, is projected to reach a revised size of US$8.9 Billion by 2030, growing at a CAGR of 1.9% over the analysis period 2022-2030. Exterior Mirrors, one of the segments analyzed in the report, is projected to record 2% CAGR and reach US$5.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Interior Mirrors segment is readjusted to a revised 1.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 2.7% CAGR
The Automotive Rear-view Mirror market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 2.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.6% and 1.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.Select Competitors (Total 47 Featured) -
- Ficosa International SA
- FLABEG Automotive Holding GmbH
- Gentex Corporation
- Ichikoh Industries Ltd.
- Magna International, Inc.
- Mekra Lang GmbH & Co. Kg
- Murakami Corporation
- Shanghai Lvxiang Auto Parts Co. Ltd.
- SL Corporation
- SMR Automotive Mirrors Stuttgart GmbH
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automotive Rear-view Mirror?
What is the growth rate of the Global Market for Automotive Rear-view Mirror?
What is the forecasted size of the Global Market for Automotive Rear-view Mirror?
Who are the key companies in the Global Market for Automotive Rear-view Mirror?
| Report Attribute | Details |
|---|---|
| No. of Pages | 247 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 7.7 Billion |
| Forecasted Market Value ( USD | $ 8.9 Billion |
| Compound Annual Growth Rate | 1.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Ficosa International SA
- FLABEG Automotive Holding GmbH
- Gentex Corporation
- Ichikoh Industries Ltd.
- Magna International, Inc.
- Mekra Lang GmbH & Co. Kg
- Murakami Corporation
- Shanghai Lvxiang Auto Parts Co. Ltd.
- SL Corporation
- SMR Automotive Mirrors Stuttgart GmbH
