Latest Report on China Car Rear View Mirror Industry Report, 2014-2017

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Date Submitted: 11/27/2014 02:30 AM

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ResearchMoz.us include new market research report " China Car Rearview Mirror Industry Report, 2014-2017: Industry Size, Shares, Growth, Analysis, Trends, Technologies, Players And Forecast" to its huge collection of research reports.

Car rear-view mirror functions as a safety part that affects driving vision and a decorative part that beautifies car body. According to mounting position, car rear-view mirror can be divided into exterior rear-view mirror, downward rear-view mirror and interior rear-view mirror. Sedans and light commercial vehicles are generally installed with exterior and interior rear-view mirrors, while large commercial vehicles carry all types.

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China’s demand for OEM rear-view mirrors totaled 65.83 million in 2013, rising 14.88% on a year-on-year basis. Driven by the burgeoning domestic automobile market, car rear-view mirror market will continue to expand, and the Chinese car rear-view mirror OEM market demand is expected to reach 91.22 million by 2017, with exterior, interior and downward rear-view mirrors to represent 65.69%, 32.84% and 1.47%, respectively.

The electrical control function has been widely applied in car rear-view mirrors in China so far. In Jan.-Sept. of 2014, the configuration rate of exterior power rear-view mirrors in the Chinese passenger vehicle market reached as high as 84.35%, and other extras also found increasing utilization. Meanwhile, the penetration rate of folding rear-view mirror and memory rear-view mirror in the Chinese passenger vehicle market improved by 1.87 percentage points and 0.3 percentage points year on year, to 24% and 4.95%, respectively, and that of exterior and interior auto-dimming rear-view mirrors attained 15.51% and 2.95%, up 1.06 percentage points and 0.21 percentage points respectively from a year earlier. Rear-view mirrors in China will see more diversified...