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| A08557 | Pages: NA | Aug 2021 | 807 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA |
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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 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.
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 |
COVID-19 Scenario 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 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 |
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Feature |
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Mounting Location |
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Key benefits of the report:
Questions answered in the automotive electrically adjustable outside smart rear-view mirror (ORVM) market research report:
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