Technavio
Announces the Publication of its Research Report Global
Automotive Rear-view Mirror Market 2018-2022
Technavio
recognizes the following companies as the key players in the global automotive
rear-view mirror market: Gentex, Ficosa Internacional, Magna, Murakami, and
Honda (HonaLockMfg).
Commenting
on the report, an analyst from Technavios team said: One trend in the market is
growing popularity of integrated memory system that stores seat and side mirror
preference. The modern vehicles are becoming more sophisticated in terms of the
functionalities they offer to the customer. With comfort being one of the most
crucial aspects while buying a vehicle, the flexibility offered by the common
components like seats and mirrors plays an important role. As a result, the
designing of the system has also gained utmost importance as a lot of weightage
is given to the integration of various systems.
Request For Free Sample
Report Available @ https://marketreportscenter.com/request-sample/573761
According
to the report, one driver in the market is growing popularity of premium SUVs.
SUVs contribute to the adoption of rear-view mirrors significantly. The height
of SUVs reduces the visibility of the short obstacles while reversing, and
therefore, most of the SUVs are equipped with an additional mirror placed on
the rear windshield. In developed regions, camera systems are replacing
rear-view mirrors owing to their ability to provide wider visibility to the driver
in more comfortable manner.
Further,
the report states that one challenge in the market is auto-dimming mirrors are
still seen as expensive option in emerging regions. Although auto-dimming
mirrors have been around since the 1980s, their adoption has been slow,
especially in emerging countries, where customers are price sensitive. For
instance, conventional mirrors are priced below $99; auto-dimming mirrors cost
above $150 and along with additional features like blind spot indicator or home
link function the price increases above $250.
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.
About Automotive Rear-view Mirror
Mirrors
are crucial components of a vehicle that give significant visual aid for safer
driving. Most of the automotive mirrors are manually operated, while some are
electronically operated.
Technavios
analysts forecast the global automotive rear-view mirror market to grow at a
CAGR of 5.06% during the period 2018-2022.
Complete Report with
TOC Available @ https://marketreportscenter.com/reports/573761/global-automotive-rear-view-mirror-market-2018-2022
Covered in this report
The
report covers the present scenario and the growth prospects of the global
automotive rear-view mirror market for 2018-2022. To calculate the market size,
the report presents a detailed picture of the market by way of study, synthesis,
and summation of data from multiple sources.
The market is divided into the
following segments based on geography:
·
Americas
·
APAC
·
EMEA
Technavio's
report, Global Automotive Rear-view Mirror Market 2018-2022, has been prepared
based on an in-depth market analysis with inputs from industry experts. The
report covers the market landscape and its growth prospects over the coming
years. The report also includes a discussion of the key vendors operating in
this market.
Key vendors
·
Gentex
·
Ficosa Internacional
·
Magna
·
Murakami
·
Honda (HonaLockMfg)
Market driver
·
Growing popularity of premium SUVs
·
For a full, detailed list, view our
report
Market challenge
·
Auto-dimming mirrors are still seen as
expensive option in emerging regions
·
For a full, detailed list, view our
report
Market trend
·
Growing popularity of integrated memory
system that stores seat and side mirror preference
·
For a full, detailed list, view our
report
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