Automotive Electrically Adjustable Outside Smart Rear View Mirror (ORVM) Market by Application (Passenger Vehicles and Commercial Vehicles), Feature (Auto-Dimming, Blind Spot Detection, Power Control, Automatic Folding, Heating Function, and Others), and Mounting Location (Door Mounted and Body Mounted): Global Opportunity Analysis and Industry Forecast, 2020–2027
A08557 | Pages: NA | Feb 2021 | 111 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Automotive Electrically Adjustable Outside Smart Rear View Mirror (orvm) Market
Request Now !Automotive Electrically Adjustable (ORVM) Market Outlook – 2027Â
Automotive electrically adjustable outside rear view mirror (ORVM) is a mirror in automobile vehicles, which allows the driver to see rearward through the vehicle's backlight. ORVM is considered an important auto part in vehicles for the safety of drivers. Outside rear view mirror (OVRM) is electrically adjustable, which means there is no physical work required for adjusting the mirrors. Such mirrors can be adjusted with the help of a switch which is located near driver’s side door. ORVM is easily accessible to drivers and can be operated while driving. ORVM provides clear visibility and can be easily switched between its two modes: camera and mirror. Such features of automotive electrically adjustable outside rear view mirror improve safety of the vehicle.Â
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value (USD) |
 Segments covered |  Application, Feature, Mounting Location, and Region |
 Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa |
 Companies covered | Ficosa Internacional SA, HondaLockMfg. Co. Ltd., Magna International Inc., Mitsuba Corp., Murakami Corporation., Motherson Group., SL Corporation, ICHIKOH INDUSTRIES LTD, FLABEG AUTOMOTIVE HOLDING GMBH, and GENTEX CORPORATION |
Â
COVID-19 Scenario analysis:
- Due to COVID-19 situation, the production of automotive electrically adjustable outside smart rear-view mirrors has been hampered due to the declared lockdowns and government restrictions on public gatherings.
- Slowing of demand in automobile sector due to COVID-19, is directly impacting automotive electrically adjustable outside smart rear-view mirror market.
- Post COVID-19 the growth in automobile sector is expected, which will increase demand in smart ORVM market.
- Due to disturbance in supply chain because of COVID-19 situation, the spare parts supply of smart ORVM has been hampered, which is impacting growth of the ORVM market.
- The research and development work in technological advancement of automotive adjustable outside smart rear-view mirror has been hampered due to the travel restrictions applied by governments due to COVID-19.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Technological advancements in OVRM and increased offerings in OVRM for trucks are among the factors which are driving the automotive electrically adjustable outside smart rear-view mirror market. However, the development of digital side rear-view mirrors might restrain the growth of the automotive electrically adjustable smart ORVM market. On the contrary, increase in the production of passenger vehicles will be opportunistic for the growth of automotive electrically adjustable outside smart rear-view mirror market.
Technological advancements in ORVM
Technological advancements in conventional outside rear view mirrors such as clearer camera view, LCD monitor etc has led to the development of smart outside rear view mirrors. Such smart OVRMs provide smart features such as sound warning in case of any obstruction while driving backwards, GPS, and more. Further, such smart ORVMs can also be used as an entertainment device, for instance, in watching movie or listening music. Such features have contributed to the increase in demand of the smart ORVMs and thereby driving the growth of the global automotive electrically adjustable outside smart rear-view market.
Key segments covered:
Segments | Sub-segments |
 Application |
|
 Feature |
|
 Mounting Location |
|
Â
Key benefits of the report:
- This study presents the analytical depiction of the automotive electrically adjustable outside smart rear-view mirror (ORVM) industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global automotive electrically adjustable outside smart rear-view mirror (ORVM) market share.
- The current market is quantitatively analysed from 2020 to 2027 to highlight the global automotive electrically adjustable outside smart rear-view mirror (ORVM) market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed global automotive electrically adjustable outside smart rear-view mirror (ORVM) market analysis based on competitive intensity and how the competition will take shape in coming years.Â
Questions answered in the automotive electrically adjustable outside smart rear-view mirror (ORVM) market research report:
- Which are the leading market players active in the global automotive electrically adjustable outside smart rear-view mirror (ORVM) market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Automotive Electrically Adjustable Outside Smart Rear View Mirror (ORVM) Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers