The Automotive-rear-view-mirror-market is expected to grow at a significant CAGR in the period from 2021 to 2027. The demand for automobile rear-view mirrors is projected to rise as people become more mindful of vehicle and passenger safety. Vehicle buyers are increasingly concerned about the safety of passengers and vehicles. According to the 2015 Global Status Report on Road Safety, more than 1.2 million people die in traffic accidents each year throughout the world. OEMs are including several safety measures in the automotive mirror to reduce these incidents. The automobile market is likely to be driven by this incorporation of safety measures. Blind spot detection is expected to be the fastest-growing automotive mirror feature in terms of volume throughout the world. The distance and closing speed of blind spots are detected by the blind spot detection system.
A surge in demand for rear-view mirrors has also been attributed to the trend of incorporating extra functionality into automobile mirrors. OEMs have introduced new mirror models with enhanced driver assistance capabilities.
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A full report of Global Automotive rear view mirror Market is available at: https://www.orionmarketreports.com/automotive-rear-view-mirror-market/58148/
The following Segmentation are covered in this report:
By Type
- Exterior Rear-view Mirror
- Interior Rear-view Mirror
By Features
- Auto Dimming
- Blind Spot Detection
- Power Control
- Automatic Foldable
- Heated
- Turn Signal Indicator
- Others
By Product
- Conventional Rear-view Mirror
- Smart Rear-view Mirror
By Mounting Location
- Body Mounted
- Door Mounted
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Trucks
- Buses
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive rear view mirror Market.
- The market share of the global Automotive rear view mirror Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive rear view mirror Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive rear view mirror Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)