Smart Rear-View Mirror Electronics Global Market Report 2025

The smart rear-view mirror electronics market size has grown rapidly in recent years. It will grow from $2.27 billion in 2024 to $2.56 billion in 2025 at a compound annual growth rate (CAGR) of 12.9%. The growth during the historic period is driven by rising consumer demand for vehicle safety, increased vehicle production, government-imposed safety regulations, growing urban traffic congestion, and heightened concerns for driver and passenger protection.

The smart rear-view mirror electronics market size is expected to see rapid growth in the next few years. It will grow to $4.11 billion in 2029 at a compound annual growth rate (CAGR) of 12.6%. The growth projected for the forecast period is supported by greater adoption of advanced driver assistance systems (ADAS), rising demand for smart vehicle safety features, expansion of electric and autonomous vehicles, regulatory initiatives promoting enhanced driver safety, and consumer preference for connected car technologies. Key trends in the forecast period include integration of artificial intelligence (AI) and cloud-based capabilities, increased use of smart rear-view mirrors with dashcams, adoption of 5G and vehicle-to-everything (V2X) communication, development of lightweight and energy-efficient designs for electric vehicles, and growth of subscription-based and modular mirror technologies.

The growing popularity of connected vehicles is expected to drive the expansion of the smart rear-view mirror electronics market. Connected vehicles are equipped with internet connectivity and communication technologies, allowing real-time data exchange with external systems, other vehicles, and infrastructure. Their popularity is rising as advances in wireless communication enhance safety, traffic efficiency, and connectivity between vehicles and infrastructure. The increasing adoption of connected vehicles has boosted demand for smart rear-view mirror electronics, which integrate with vehicle connectivity features to provide improved visibility, navigation assistance, and safety monitoring. For example, in January 2024, BMW Group, a Germany-based motor vehicle manufacturer, reported a record sales figure of 2,555,341 BMW, MINI, and Rolls-Royce vehicles worldwide, a 6.5 percent increase compared to the previous year. In the fourth quarter of 2023, sales rose 10.3 percent year-over-year to 718,778 units. This demonstrates that the rising popularity of connected vehicles is supporting growth in the smart rear-view mirror electronics market.

Major companies in the smart rear-view mirror electronics market are developing innovative products such as mirrors with 360-degree surround video recording to enhance driver safety and situational awareness. These smart rearview mirrors capture a complete view around the vehicle, helping drivers monitor blind spots, park safely, and provide video evidence in case of accidents. In July 2023, Rydeen Mobile Electronics Inc., a US-based electronics manufacturer, launched the 360 VIEW-SPL, a compact and practical smart rearview mirror featuring 360-degree surround video recording. The device includes an integrated back-up camera, professional hardwire installation kit, and full mirror replacement bracket. By focusing on core functionalities while omitting some advanced options, Rydeen Mobile Electronics offers a cost-effective solution that enhances driver safety, improves situational awareness, and supports video documentation on the road. The device helps drivers monitor blind spots more effectively, park and maneuver with confidence, and capture comprehensive video footage for accidents or disputes.

In April 2025, Gentex Corporation, a US-based technology company, acquired VOXX International Corporation for an undisclosed amount. Through this acquisition, Gentex aims to expand its capabilities and market reach by leveraging VOXX’s expertise in automotive and consumer electronics, premium audio, biometric technology, and distribution channels. The acquisition creates opportunities for growth, innovation, and improved profitability across both companies’ product lines. VOXX International Corporation is a US-based consumer electronics company specializing in smart rear-view mirror electronics.

Major players in the smart rear-view mirror electronics market are Robert Bosch GmbH, Panasonic Holdings Corporation, Denso Corporation, Hyundai Mobis Co. Ltd., Continental AG, Magna International Inc., Mitsubishi Electric Corporation, Valeo S.A., Aptiv PLC, Samvardhana Motherson International Limited., Samsung Electro-Mechanics Co. Ltd., Ficosa International S.A., Gentex Corporation, Japan Display Inc., Murakami Corporation, Allview Mirrors Corporation, Brandmotion LLC, Rydeen Mobile Electronics Inc., Rexing Inc., and Guangzhou Candid Electronics Co. Ltd.

Asia-Pacific was the largest region in the smart rear-view mirror electronics market in 2024. The regions covered in smart rear-view mirror electronics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.

The smart rear-view mirror electronics market research report is one of a series of new reports that provides smart rear-view mirror electronics market statistics, including smart rear-view mirror electronics industry global market size, regional shares, competitors with the smart rear-view mirror electronics market share, smart rear-view mirror electronics market segments, market trends, and opportunities, and any further data you may need to thrive in the smart rear-view mirror electronics industry. This smart rear-view mirror electronics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart rear-view mirror electronics are sophisticated digital systems designed to replace or enhance conventional mirrors by incorporating cameras and displays. They offer drivers a broader, clearer, and less obstructed view of the environment, even under low-light or difficult conditions. These systems frequently provide extra functionalities such as live video streaming, recording, and driver assistance features to enhance safety and convenience.

The primary product categories in smart rear-view mirror electronics include display mirrors, camera-based mirrors, sensor-integrated mirrors, and other types. A display mirror integrates traditional reflective surfaces with a digital screen, delivering real-time camera feeds and advanced driving functionalities for better visibility and safety. These mirrors come with features such as touchscreen operation, Bluetooth connectivity, navigation, and integration with advanced driver assistance systems for enhanced driving support. They are distributed through online and offline retail channels and find applications in passenger vehicles, commercial vehicles, and other automotive sectors.

The countries covered in the smart rear-view mirror electronics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart rear-view mirror electronics market consists of sales of display mirrors, camera-based mirrors, sensor-integrated mirrors, and hybrid mirrors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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