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Automotive Mirror-Global Market Insights and Sales Trends 2024
Synopsis
Each automobile is fitted out with a rearview mirror. Two rearview mirrors are situated externally on the vehicle, while a rearview mirror is situated inside the vehicle wherever it is attached on the front windshield of the vehicle. Most of the passenger cars are prepared with vanity mirrors, placed at the sun visor, however vanity mirrors do not exist in LCVs and M&HCVs. There is an increasing inclination where straight mirrors are progressively getting substituted by auto-dimming mirrors and smart rearview mirrors.
The global Automotive Mirror market size is expected to reach US$ 8247.7 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Mirror in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicles, are propelling Automotive Mirror market. Rear-View Mirrors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Side View Mirrors segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Mirror, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Mirror market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Mirror market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Mirror sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Mirror covered in this report include SMR, Magna, Gentex, Ficosa, Murakami Kaimeido, MEKRA Lang, SL Corporation, Ichikoh and Flabeg, etc.
The global Automotive Mirror market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SMR
Magna
Gentex
Ficosa
Murakami Kaimeido
MEKRA Lang
SL Corporation
Ichikoh
Flabeg
Shanghai Lvxiang
Beijing Goldrare
Sichuan Skay-View
Global Automotive Mirror market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Mirror market, Segment by Type:
Rear-View Mirrors
Side View Mirrors
Global Automotive Mirror market, by Application
Passenger Car
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Mirror manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Mirror in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Each automobile is fitted out with a rearview mirror. Two rearview mirrors are situated externally on the vehicle, while a rearview mirror is situated inside the vehicle wherever it is attached on the front windshield of the vehicle. Most of the passenger cars are prepared with vanity mirrors, placed at the sun visor, however vanity mirrors do not exist in LCVs and M&HCVs. There is an increasing inclination where straight mirrors are progressively getting substituted by auto-dimming mirrors and smart rearview mirrors.
The global Automotive Mirror market size is expected to reach US$ 8247.7 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Mirror in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicles, are propelling Automotive Mirror market. Rear-View Mirrors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Side View Mirrors segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Mirror, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Mirror market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Mirror market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Mirror sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Mirror covered in this report include SMR, Magna, Gentex, Ficosa, Murakami Kaimeido, MEKRA Lang, SL Corporation, Ichikoh and Flabeg, etc.
The global Automotive Mirror market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SMR
Magna
Gentex
Ficosa
Murakami Kaimeido
MEKRA Lang
SL Corporation
Ichikoh
Flabeg
Shanghai Lvxiang
Beijing Goldrare
Sichuan Skay-View
Global Automotive Mirror market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Mirror market, Segment by Type:
Rear-View Mirrors
Side View Mirrors
Global Automotive Mirror market, by Application
Passenger Car
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Mirror manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Mirror in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Mirror Market Overview
1.1 Automotive Mirror Product Overview
1.2 Automotive Mirror Market Segment by Type
1.2.1 Rear-View Mirrors
1.2.2 Side View Mirrors
1.3 Global Automotive Mirror Market Size by Type
1.3.1 Global Automotive Mirror Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Mirror Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Mirror Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Mirror Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Mirror Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Mirror Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Mirror Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Mirror Sales Breakdown by Type (2018-2023)
2 Global Automotive Mirror Market Competition by Company
2.1 Global Top Players by Automotive Mirror Sales (2018-2023)
2.2 Global Top Players by Automotive Mirror Revenue (2018-2023)
2.3 Global Top Players by Automotive Mirror Price (2018-2023)
2.4 Global Top Manufacturers Automotive Mirror Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Mirror Market Competitive Situation and Trends
2.5.1 Automotive Mirror Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Mirror Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Mirror as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Mirror Market
2.8 Key Manufacturers Automotive Mirror Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Mirror Status and Outlook by Region
3.1 Global Automotive Mirror Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Mirror Historic Market Size by Region
3.2.1 Global Automotive Mirror Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Mirror Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Mirror Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Mirror Forecasted Market Size by Region
3.3.1 Global Automotive Mirror Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Mirror Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Mirror Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Mirror by Application
4.1 Automotive Mirror Market Segment by Application
4.1.1 Passenger Car
4.1.2 Commercial Vehicles
4.2 Global Automotive Mirror Market Size by Application
4.2.1 Global Automotive Mirror Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Mirror Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Mirror Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Mirror Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Mirror Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Mirror Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Mirror Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Mirror Sales Breakdown by Application (2018-2023)
5 North America Automotive Mirror by Country
5.1 North America Automotive Mirror Historic Market Size by Country
5.1.1 North America Automotive Mirror Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Mirror Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Mirror Sales in Value by Country (2018-2023)
5.2 North America Automotive Mirror Forecasted Market Size by Country
5.2.1 North America Automotive Mirror Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Mirror Sales in Value by Country (2024-2029)
6 Europe Automotive Mirror by Country
6.1 Europe Automotive Mirror Historic Market Size by Country
6.1.1 Europe Automotive Mirror Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Mirror Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Mirror Sales in Value by Country (2018-2023)
6.2 Europe Automotive Mirror Forecasted Market Size by Country
6.2.1 Europe Automotive Mirror Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Mirror Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Mirror by Region
7.1 Asia-Pacific Automotive Mirror Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Mirror Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Mirror Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Mirror Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Mirror Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Mirror Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Mirror Sales in Value by Region (2024-2029)
8 Latin America Automotive Mirror by Country
8.1 Latin America Automotive Mirror Historic Market Size by Country
8.1.1 Latin America Automotive Mirror Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Mirror Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Mirror Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Mirror Forecasted Market Size by Country
8.2.1 Latin America Automotive Mirror Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Mirror Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Mirror by Country
9.1 Middle East and Africa Automotive Mirror Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Mirror Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Mirror Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Mirror Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Mirror Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Mirror Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Mirror Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 SMR
10.1.1 SMR Company Information
10.1.2 SMR Introduction and Business Overview
10.1.3 SMR Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.1.4 SMR Automotive Mirror Products Offered
10.1.5 SMR Recent Development
10.2 Magna
10.2.1 Magna Company Information
10.2.2 Magna Introduction and Business Overview
10.2.3 Magna Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Magna Automotive Mirror Products Offered
10.2.5 Magna Recent Development
10.3 Gentex
10.3.1 Gentex Company Information
10.3.2 Gentex Introduction and Business Overview
10.3.3 Gentex Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Gentex Automotive Mirror Products Offered
10.3.5 Gentex Recent Development
10.4 Ficosa
10.4.1 Ficosa Company Information
10.4.2 Ficosa Introduction and Business Overview
10.4.3 Ficosa Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Ficosa Automotive Mirror Products Offered
10.4.5 Ficosa Recent Development
10.5 Murakami Kaimeido
10.5.1 Murakami Kaimeido Company Information
10.5.2 Murakami Kaimeido Introduction and Business Overview
10.5.3 Murakami Kaimeido Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Murakami Kaimeido Automotive Mirror Products Offered
10.5.5 Murakami Kaimeido Recent Development
10.6 MEKRA Lang
10.6.1 MEKRA Lang Company Information
10.6.2 MEKRA Lang Introduction and Business Overview
10.6.3 MEKRA Lang Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.6.4 MEKRA Lang Automotive Mirror Products Offered
10.6.5 MEKRA Lang Recent Development
10.7 SL Corporation
10.7.1 SL Corporation Company Information
10.7.2 SL Corporation Introduction and Business Overview
10.7.3 SL Corporation Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.7.4 SL Corporation Automotive Mirror Products Offered
10.7.5 SL Corporation Recent Development
10.8 Ichikoh
10.8.1 Ichikoh Company Information
10.8.2 Ichikoh Introduction and Business Overview
10.8.3 Ichikoh Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Ichikoh Automotive Mirror Products Offered
10.8.5 Ichikoh Recent Development
10.9 Flabeg
10.9.1 Flabeg Company Information
10.9.2 Flabeg Introduction and Business Overview
10.9.3 Flabeg Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Flabeg Automotive Mirror Products Offered
10.9.5 Flabeg Recent Development
10.10 Shanghai Lvxiang
10.10.1 Shanghai Lvxiang Company Information
10.10.2 Shanghai Lvxiang Introduction and Business Overview
10.10.3 Shanghai Lvxiang Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Shanghai Lvxiang Automotive Mirror Products Offered
10.10.5 Shanghai Lvxiang Recent Development
10.11 Beijing Goldrare
10.11.1 Beijing Goldrare Company Information
10.11.2 Beijing Goldrare Introduction and Business Overview
10.11.3 Beijing Goldrare Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Beijing Goldrare Automotive Mirror Products Offered
10.11.5 Beijing Goldrare Recent Development
10.12 Sichuan Skay-View
10.12.1 Sichuan Skay-View Company Information
10.12.2 Sichuan Skay-View Introduction and Business Overview
10.12.3 Sichuan Skay-View Automotive Mirror Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Sichuan Skay-View Automotive Mirror Products Offered
10.12.5 Sichuan Skay-View Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Mirror Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Mirror Industrial Chain Analysis
11.4 Automotive Mirror Market Dynamics
11.4.1 Automotive Mirror Industry Trends
11.4.2 Automotive Mirror Market Drivers
11.4.3 Automotive Mirror Market Challenges
11.4.4 Automotive Mirror Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Mirror Distributors
12.3 Automotive Mirror Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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