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The global Automotive Outside Mirror market size was valued at US$ 8.76 billion in 2024 and is projected to reach US$ 11.23 billion by 2030, at a CAGR of 4.2% during the forecast period 2024-2030.
The United States Automotive Outside Mirror market size was valued at US$ 1.87 billion in 2024 and is projected to US$ 2.34 billion by 2030, at a CAGR of 3.8% during the forecast period 2024-2030.
Automotive Outside Mirrors, also known as side-view mirrors, are external mirrors mounted on both sides of a vehicle to provide the driver with visibility of adjacent lanes and the area behind the vehicle.
The global Automotive Outside Mirror market is experiencing moderate growth, driven by increasing vehicle production and the integration of advanced features in mirrors. In 2023, total production reached 210 million units, with passenger vehicles accounting for 85% of market value. The market saw a 30% increase in demand for camera-integrated mirrors in 2023, supporting advanced driver assistance systems (ADAS). Traditional glass mirrors still dominate with a 75% market share, but camera monitoring systems are growing at 15% annually, especially in premium vehicles. Asia Pacific leads with a 45% market share, while Europe is the fastest-growing region at 4.8% CAGR due to regulatory support for camera-based systems. The industry is focusing on developing aerodynamic mirror designs for improved fuel efficiency, with a 25% increase in R&D investments for computational fluid dynamics simulations.
Report Overview
Automotive outside mirror is the exterior mirror located on each side of a vehicle, which is an important safety feature because, when angled correctly, it allows the driver to see what is in the blind spot of their peripheral vision.
This report provides a deep insight into the global Automotive Outside Mirror market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Automotive Outside Mirror Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Automotive Outside Mirror market in any manner.
Global Automotive Outside Mirror Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Market Segmentation (by Type)
Market Segmentation (by Application)
Geographic Segmentation
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