Global Automotive Rear-view Mirror Market 2018-2022 - Growing Popularity of Integrated Memory Systems

The global automotive rear-view mirror market to grow at a CAGR of 5.06% during the period 2018-2022.

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 report also includes a discussion of the key vendors operating in this market.

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.

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.

Key vendors

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

PART 05: MARKET SIZING

PART 06: FIVE FORCES ANALYSIS

PART 07: MARKET SEGMENTATION BY VEHICLE TYPE

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

PART 14: VENDOR ANALYSIS

PART 15: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/6wh4bd/global_automotive?w=5

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