Global Rear-View Mirror Market Trends, Strategies, Opportunities For 2022-2031
The Business Research Company’s Rear-View Mirror Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, September 9, 2022 /EINPresswire.com/ — According to ‘Rear-View Mirror Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the rear-view mirror market size is expected to grow to $10.16 billion in 2026 at a CAGR of 5.6%. The increase in the number of vehicles is expected to propel the rear-view mirror market demand.
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The rear-view mirror market consists of sales of rear-view mirrors by entities (organizations, sole traders, and partnerships) that are used by drivers to ensure safety on the roads. A rear-view mirror is a small, angled mirror and is one of the most important active safety features in a car. It allows the driver to see behind the car by using the backlight of the car.
Global Rear-View Mirror Market Trends
Technological advancements have emerged as one of the key rear-view mirror market trends gaining popularity. Major companies operating in the rear-view mirror market are focused on developing new technologies to meet consumer demand and reinforce their position. For instance, in August 2020, Panasonic Corporation, a Japan-based conglomerate company, partnered with Nissan Motor Corporation, a Japan-based company manufacturing rear-view mirrors, to develop a high-performance electronic mirror based on image processing technology. The mirror has a significant image definition improvement for better visibility at night and to control a flickering phenomenon brought on by vehicles behind’s LED lamps. It also features a 2-megapixel camera and a high-resolution display, ensuring superior image definition and night-time visibility.
Global Rear-View Mirror Market Segments
The global rear-view mirror market is segmented:
By Product Type: Smart Rear-View Mirror, Conventional Rear-View Mirror
By Mounting Location: Door Mounted, Body Mounted
By Mirror Type: Exterior Mirror, Interior Mirror
By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
By Feature: Auto dimming, Blind spot detection, Power Control, Automatic Foldable, Heated, Others
By Geography: The global rear-view mirror market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
Read more on the global rear-view mirror market report here
https://www.thebusinessresearchcompany.com/report/rear-view-mirror-global-market-report
Rear-View Mirror Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides rear-view mirror market overviews, analyzes and forecasts market size and growth for the global rear-view mirror market, rear-view mirror global market share, rear-view mirror global market segments and geographies, rear-view mirror global market players, rear-view mirror global market leading competitor revenues, profiles and market shares. The rear-view mirror global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Rear-View Mirror Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Continental AG, FLABEG Holding GmbH, Gentex Corporation, Magna International Inc., Ishizaki Honten Company Limited, MITSUBA Corporation, Ficosa Internacional SA, SL Corporation, Samvardhana Motherson Group, Valeo, Ichikoh Industries Ltd, Burco Inc., Sichuan Skay View, Honda Lock Mfg. Co. Ltd, Tokairica Co Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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