Global Automotive Electrically Adjustable Outside Rear View (ORVM) Mirror Market 2023-2027

List of Tables

Automotive Electrically Adjustable Outside Rear View (ORVM) Mirror Market 2023-2027

The automotive electrically adjustable outside rear view (ORVM) mirror market is forecasted to grow by USD 2,191.71 mn during 2022-2027, accelerating at a CAGR of 4.81% during the forecast period. The report on the automotive electrically adjustable outside rear view (ORVM) 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 demand for electrically adjustable OVRMs with advanced functionalities, increasing safety concerns in automotive ecosystem, and increasing preference for safe and convenient features in vehicles.

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	4.57%
CAGR	4.81%
Incremental Value	$2191.71mn

Technavio's automotive electrically adjustable outside rear view (ORVM) mirror market is segmented as below:

By Application

Passenger vehicles
Commercial vehicles

By Type

Memory storage
Foldable
Heatable

By Geography

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the emergence of surround-view mirror systems as one of the prime reasons driving the automotive electrically adjustable outside rear view (ORVM) mirror market growth during the next few years. Also, growing advances in automotive camera technology and increasing availability of electrically adjustable ORVMs in entry-segment vehicles in APAC will lead to sizable demand in the market.

The report on the automotive electrically adjustable outside rear view (ORVM) mirror market covers the following areas:

Automotive electrically adjustable outside rear view (ORVM) mirror market sizing
Automotive electrically adjustable outside rear view (ORVM) mirror market forecast
Automotive electrically adjustable outside rear view (ORVM) mirror market industry analysis

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 electrically adjustable outside rear view (ORVM) mirror market vendors that include BEEKAY AUTOMOTIVES, Enginetech Systems Pvt. Ltd., FLABEG Automotive Glass Group GmbH, Gentex Corp., Hilux Auto Electric Pvt. Ltd., Ishizaki Holdings Corp., Magna International Inc., MEKRA Lang GmbH and Co. KG, MinebeaMitsumi Inc., Mitsuba Corp., Murakami Corp., Panasonic Holdings Corp., Royal Auto Product, Sakae Riken Kogyo Co. Ltd., Samvardhana Motherson International Ltd., SL Corp., Valeo SA, Tata Sons Pvt. Ltd., and Tokai Rika Co. Ltd.. Also, the automotive electrically adjustable outside rear view (ORVM) 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 in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by 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 the accurate market growth.

Product Code: IRTNTR72743

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global automotive electrically adjustable outside rear view (ORVM) mirror market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global automotive electrically adjustable outside rear view (orvm) mirror market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Passenger vehicles - Market size and forecast 2022-2027
Exhibit 34: Chart on Passenger vehicles - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Passenger vehicles - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Passenger vehicles - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Passenger vehicles - Year-over-year growth 2022-2027 (%)
6.4 Commercial vehicles - Market size and forecast 2022-2027
Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ million)
Exhibit 43: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 44: Chart on Type - Market share 2022-2027 (%)
Exhibit 45: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
7.3 Memory storage - Market size and forecast 2022-2027
Exhibit 48: Chart on Memory storage - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Memory storage - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Memory storage - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Memory storage - Year-over-year growth 2022-2027 (%)
7.4 Foldable - Market size and forecast 2022-2027
Exhibit 52: Chart on Foldable - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Foldable - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Foldable - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Foldable - Year-over-year growth 2022-2027 (%)
7.5 Heatable - Market size and forecast 2022-2027
Exhibit 56: Chart on Heatable - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Heatable - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Heatable - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Heatable - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Type
Exhibit 60: Market opportunity by Type ($ million)
Exhibit 61: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share by geography 2022-2027 (%)
Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 Japan - Market size and forecast 2022-2027
Exhibit 91: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.10 South Korea - Market size and forecast 2022-2027
Exhibit 95: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on South Korea - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
9.11 US - Market size and forecast 2022-2027
Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.12 Germany - Market size and forecast 2022-2027
Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 107: Market opportunity by geography ($ million)
Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 FLABEG Automotive Glass Group GmbH
Exhibit 115: FLABEG Automotive Glass Group GmbH - Overview
Exhibit 116: FLABEG Automotive Glass Group GmbH - Product / Service
Exhibit 117: FLABEG Automotive Glass Group GmbH - Key offerings
12.4 Gentex Corp.
Exhibit 118: Gentex Corp. - Overview
Exhibit 119: Gentex Corp. - Business segments
Exhibit 120: Gentex Corp. - Key news
Exhibit 121: Gentex Corp. - Key offerings
Exhibit 122: Gentex Corp. - Segment focus
12.5 Ishizaki Holdings Corp.
Exhibit 123: Ishizaki Holdings Corp. - Overview
Exhibit 124: Ishizaki Holdings Corp. - Product / Service
Exhibit 125: Ishizaki Holdings Corp. - Key offerings
12.6 Magna International Inc.
Exhibit 126: Magna International Inc. - Overview
Exhibit 127: Magna International Inc. - Business segments
Exhibit 128: Magna International Inc. - Key news
Exhibit 129: Magna International Inc. - Key offerings
Exhibit 130: Magna International Inc. - Segment focus
12.7 MEKRA Lang GmbH and Co. KG
Exhibit 131: MEKRA Lang GmbH and Co. KG - Overview
Exhibit 132: MEKRA Lang GmbH and Co. KG - Product / Service
Exhibit 133: MEKRA Lang GmbH and Co. KG - Key offerings
12.8 MinebeaMitsumi Inc.
Exhibit 134: MinebeaMitsumi Inc. - Overview
Exhibit 135: MinebeaMitsumi Inc. - Business segments
Exhibit 136: MinebeaMitsumi Inc. - Key news
Exhibit 137: MinebeaMitsumi Inc. - Key offerings
Exhibit 138: MinebeaMitsumi Inc. - Segment focus
12.9 Mitsuba Corp.
Exhibit 139: Mitsuba Corp. - Overview
Exhibit 140: Mitsuba Corp. - Business segments
Exhibit 141: Mitsuba Corp. - Key offerings
Exhibit 142: Mitsuba Corp. - Segment focus
12.10 Murakami Corp.
Exhibit 143: Murakami Corp. - Overview
Exhibit 144: Murakami Corp. - Product / Service
Exhibit 145: Murakami Corp. - Key offerings
12.11 Panasonic Holdings Corp.
Exhibit 146: Panasonic Holdings Corp. - Overview
Exhibit 147: Panasonic Holdings Corp. - Product / Service
Exhibit 148: Panasonic Holdings Corp. - Key news
Exhibit 149: Panasonic Holdings Corp. - Key offerings
12.12 Royal Auto Product
Exhibit 150: Royal Auto Product - Overview
Exhibit 151: Royal Auto Product - Product / Service
Exhibit 152: Royal Auto Product - Key offerings
12.13 Sakae Riken Kogyo Co. Ltd.
Exhibit 153: Sakae Riken Kogyo Co. Ltd. - Overview
Exhibit 154: Sakae Riken Kogyo Co. Ltd. - Product / Service
Exhibit 155: Sakae Riken Kogyo Co. Ltd. - Key offerings
12.14 Samvardhana Motherson International Ltd.
Exhibit 156: Samvardhana Motherson International Ltd. - Overview
Exhibit 157: Samvardhana Motherson International Ltd. - Business segments
Exhibit 158: Samvardhana Motherson International Ltd. - Key news
Exhibit 159: Samvardhana Motherson International Ltd. - Key offerings
Exhibit 160: Samvardhana Motherson International Ltd. - Segment focus
12.15 SL Corp.
Exhibit 161: SL Corp. - Overview
Exhibit 162: SL Corp. - Product / Service
Exhibit 163: SL Corp. - Key offerings
12.16 Tata Sons Pvt. Ltd.
Exhibit 164: Tata Sons Pvt. Ltd. - Overview
Exhibit 165: Tata Sons Pvt. Ltd. - Business segments
Exhibit 166: Tata Sons Pvt. Ltd. - Key offerings
Exhibit 167: Tata Sons Pvt. Ltd. - Segment focus
12.17 Valeo SA
Exhibit 168: Valeo SA - Overview
Exhibit 169: Valeo SA - Business segments
Exhibit 170: Valeo SA - Key news
Exhibit 171: Valeo SA - Key offerings
Exhibit 172: Valeo SA - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 173: Inclusions checklist
Exhibit 174: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 175: Currency conversion rates for US$
13.4 Research methodology
Exhibit 176: Research methodology
Exhibit 177: Validation techniques employed for market sizing
Exhibit 178: Information sources
13.5 List of abbreviations
Exhibit 179: List of abbreviations