PUBLISHER: TechNavio | PRODUCT CODE: 1400429
PUBLISHER: TechNavio | PRODUCT CODE: 1400429
The automotive electric side view mirror market is forecasted to grow by USD 9.10 bn during 2023-2028, accelerating at a CAGR of 10.76% during the forecast period. The report on the automotive electric side view mirror market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing preference for safe and convenient features in vehicles, growing penetration of electronic technology in vehicles, and increasing safety concerns in the automotive ecosystem.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 9.92% |
CAGR | 10.76% |
Incremental Value | $9.10bn |
Technavio's automotive electric side view mirror market is segmented as below:
By Application
By Type
By Geography
This study identifies the emergence of surround-view mirror systems as one of the prime reasons driving the automotive electric side view mirror market growth during the next few years. Also, advances in automotive camera technology and the increased focus of OEMs on the development of autonomous vehicles will lead to sizable demand in the market.
The report on the automotive electric side view mirror market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive electric side view mirror market vendors that include BEEKAY AUTOMOTIVES, Fiem Industries Ltd., Gentex Corp., INMESA, Magna International Inc., MEKRA Lang GmbH and Co. KG, MinebeaMitsumi Inc., Mitsuba Corp., Murakami Corp., Panasonic Holdings Corp., Prakant Electronics Pvt. Ltd., Rosco Inc., Sakae Riken Kogyo Co. Ltd., Samsung Electronics Co. Ltd., Samvardhana Motherson International Ltd., Schaeffler AG, SL Corp., Stoneridge Inc., Tokai Rika Co. Ltd., and Valeo SA. Also, the automotive electric side view mirror market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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