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Automotive Rear View Mirror Market To Witness Steady Growth Through 2027

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Current and Projected Automotive Rear View Mirror Market size in terms of volume and value 2017-2027 April 2017 Report Id : REP-GB-3435 Status : Ongoing Category : Automotive & Transportation ©2015 Future Market Insights, All Rights Reserved About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. 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T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: [email protected] ©2015 Future Market Insights, All Rights Reserved 2 Research Methodology (1/2) Systematic Research Approach 1 Market profiling 2 Formulating discussion guide 3 Developing list of respondents 4 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. PMR formulates a detailed discussion guide to conduct expert and industry interviews PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Data collection PMR conducts interviews with industry experts, industry players, distributors and retailers Data validation Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 6 Data analysis Insights 7 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry PMR delivers industry insights and information in the required format (PDF) Data Collection     Research & Intelligence Data Filter & Analysis Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Actionable Insights A Primary Research       B SOLUTION      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments Primary Research #     Linkedin Zoominfo Salesforce Avention Business Solution Desk Research C Key industry experts Channel study Developments Market dynamics Products Conclusions Company Analysis Secondary Research #     Company websites Company annual reports White papers Financial reports Paid Publications#     Factiva GBI Genios Meltwater # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3 Automotive Rear View Mirror Market The main function of automotive rear view mirror is to give the driver a clear vision of all the objects to the side or rear of the vehicle. In order to ensure safety, manufacturers are focussing on novel technologies for the development of innovative automotive rear view mirrors. For instance, a recently launched rear view mirror incorporates a rear camera, where the whole display mirror is converted into a video display that provides a panoramic view of the objects behind the vehicle. Significant efforts have been made by automobile and component manufacturers to reduce aerodynamics drag, noise and vibration. However, less attention has been drawn for the refinement of performance of automobile side rear view mirror, especially mirror vibration. Rear view mirrors are used in four wheelers as well as two wheelers. In the case of four wheelers, two types of rear view mirrors are used; windshield rear view mirrors and side view mirrors. In California, the law states that the vehicle should have two rear view mirrors to ensure the safety of passengers inside the vehicle. Global Automotive Rear View Mirror Market: Dynamics The growing demand for safety systems coupled with increase in number of vehicles is expected to fuel the demand for global automotive rear view mirror market. Moreover, standards and laws pertaining to automotive rear view mirrors are further upsurge the demand for automotive rear view mirror market during the forecast period. However, smart mirrors, which increases the cost of the vehicle can act as a challenge for the growth of automotive rear view mirror market. Request For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3435 ©2015 Future Market Insights, All Rights Reserved 4 Automotive Rear View Mirror Market Global Automotive Rear View Mirror Market: Restraints With the advancement in technology, concept cars are coming with camera installed instead of mirrors. Cameras possess numerous advantages over traditional automotive rear view mirrors and help improve safety. This leap in technology is projected to restrict the growth of the global automotive rear view mirror market. Japan is expected to be the first country, which allows camera instead of mirror. Later on, European legislations will also permit this technology to reach stores by 2019. The luxury car manufacturers are estimated to adopt this technology in their upcoming models owing to the higher cost associated with cameras, as compared to traditional automotive rear view mirrors. Global Automotive Rear View Mirror Market: Trend Nowadays, electronic rear view mirrors are replacing traditional rear view mirrors in the form of display and camera. This smart automotive rear view mirror integrates driving recorder, electronic speed detection alerting, GPS, ADAS, navigation system, entertainment, gesture recognition and voice operation. Various manufacturers are investing in smart mirror technology to capture market share. Smart mirrors also incorporate the functions of auto dimming, electric control, memory and heating. These functions of automotive rear view mirrors are primarily assembled in luxury and mid-range vehicles. ©2015 Future Market Insights, All Rights Reserved 5 Automotive Rear View Mirror Market Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3435 Global Automotive Rear View Mirror Market: Segmentation On the basis of position, the global automotive rear view mirror can be segmented into:  Side rear view mirror  Windshield rear view mirror On the basis of vehicle type, the global automotive rear view mirror can be segmented into:  Passenger Car  Light Commercial Vehicle  Heavy Commercial Vehicle  Two Wheeler ©2015 Future Market Insights, All Rights Reserved 6 Automotive Rear View Mirror Market Global Automotive Rear View Market: Market Participants Some of the examples of the market participants in the global automotive rear view mirror market identified across the value chain include:  Magna International Inc.  Gentex Corporation  Ichikoh Industries Ltd.  Ficosa Internacional SA  Samvardhana Motherson Reflectec  SL Corporation  Lumax Automotive Systems Ltd  Burco Inc. ©2015 Future Market Insights, All Rights Reserved 7 Automotive Rear View Mirror Market  Flabeg Automotive Holding GmbH  Murakami Corporation  Valeo SA Browse Full Report@ http://www.futuremarketinsights.com/reports/automotive-rear-view-mirror-market ©2015 Future Market Insights, All Rights Reserved 8 To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: [email protected] For media queries, contact the press office at [email protected] For other queries contact: Harish Tiwari (General Manager & Global Head Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: [email protected] Thank You Future Market Insights Global & Consulting Private Limited (FMI) ©2015 Future Market Insights, All Rights Reserved 9