Automotive Rear-View Mirror Industry Global 2019 Size, Share, Trends, And Market

Posted by Abhijeet Bendre on January 23rd, 2019

Market Research Future published a research report on global automotive rearview mirror market. The automotive rear-view mirror market is expected to grow at the CAGR of over 6% during the period 2019 to 2023. Automotive Rear-View Mirror Market by Mounting Position (Body, Door), By Location, By Technology, By Features (Power Controlled, Auto Dimming, Turn Signal, Blind Spot Detection, Auto Foldable), By Vehicle Type, Region - Global Forecast to 2023.

The key players in automotive rear-view mirror market are FLABEG Holding GmbH (Germany), Ficosa International S.A. (Spain), Magna International Inc. (Canada), Gentex Corporation (U.S.), SL Corporation (South Korea), and Burco Inc. (U.S.). Valeo SA (France), Lumax Automotive Systems Ltd (India), Honda Lock Manufacturing (Japan), Ichikoh Industries, Ltd. (Japan), and Murakami Corporation (Japan) are among others.

On the basis of the mounting position, the door mounted variety is more commonly used. This is primarily due to the ease and freedom it provides in syndicating the electrical and electronic system. This helps in easy mirror part replacement and repair if need be.

On the basis of the location, both the varieties – interior rearview mirror and the exterior rearview mirror are used. The interior mirror offers more options for customization like toggling between a normal mirror and transforming into the digital screen. This helps in better maneuverability and vehicle control.

On the basis of the technology, the smart rear view mirror is costly and offers more plethora of options in terms of the functionality. The conventional rear view mirror, on the other hand, is a more cost-effective option and can be fitted even in budget vehicles. On the basis of the features, the most commonly used features are the signal indicator, auto folding option and power controlled variety. The more expensive features like the auto dimming mirror and blind spot detection offer better vehicle control and reduction in mishaps.

For more information on report visit @ https://www.marketresearchfuture.com/reports/automotive-rear-view-mirror-market-5765

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