Global and China Automotive Rear-View Mirror Industry Report [2015-2020]

Feb., 20, 2016, Mumbai, India: Market Reports on China presents the report, on “Global and China Automotive Rear-view Mirror Industry Report [2015-2020]”. Electronic rear-view mirror replaces traditional rear-view mirror in the form of camera + display. Companies like Gentex, Magna, Ficosa, and Valeo are actively developing and about to mass-produce such product.

The market of rear-view mirror, a traditional functional part of the vehicle, continues to expand amid the growing automobile market. From the perspective of OEM market alone, global automotive rear-view mirror (exterior + interior) demand totaled 270 million pieces in 2015 and is expected to exceed 300 million pieces in 2020. China, as the worlds largest automotive market, accounts for 28% of global automotive rear-view mirror demand, with its OEM demand predicted to surpass 90 million pieces in 2020. "http://www.marketreportsonchina.com/industry-mfg-market-research-reports-20366/automotive-rear-view-mirror-global-china.html"

As there are some visual blind spots and inconvenient operation with traditional rear-view mirror, the demand for new rear-view mirrors, chiefly including the ones with electric control function, auto-dimming function, electric folding function, memory function, and heating function, keeps growing. The automotive rear-view mirror with electric control function has had a penetration of 86.96% and is basically installed in RMB100,000-above car models, while t]he automotive rear-view mirrors with functions of electric folding, auto-dimming, and memory are primarily assembled in mid-range and upscale models with the market remaining to be further developed.

In addition, electronic rear-view mirror and smart rear-view mirror are still in the stage of active R&D and marketing.

Electronic rear-view mirror replaces traditional rear-view mirror in the form of camera + display. Companies like Gentex, Magna, Ficosa, and Valeo are actively developing and about to mass-produce such...