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Automotive Rear-View Mirror Market By Mounting Position (Body, Door); By Features (Power Controlled, Auto Dimming, Turn Signal, Blind Spot Detection, Auto Foldable) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

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Published: | Report ID: 36709 | Report Format : PDF
Historical Period  2019-2022
Base Year  2023
Forecast Period  2024-2032
Automotive Rear-View Mirror Market Size 2024  USD 11875.92 Million
Automotive Rear-View Mirror Market, CAGR  5.47%
Automotive Rear-View Mirror Market Size 2032  USD 18184.39 Million

Market Overview

The Automotive Rear-View Mirror Market is projected to witness substantial growth, with its value expected to surge from USD 11875.92 million in 2024 to USD 18184.39 million by 2032, reflecting a compound annual growth rate of 5.47%.

In the Automotive Rear-View Mirror Market, several key drivers and trends are shaping the industry landscape. Increasing vehicle production, spurred by rising consumer demand and technological advancements, is fueling market growth. Additionally, stringent safety regulations mandating the integration of advanced driver assistance systems (ADAS) are driving the adoption of smart rear-view mirrors with features like blind-spot detection and collision avoidance. Moreover, the growing preference for electric vehicles (EVs) is propelling the demand for aerodynamically designed, lightweight mirrors to enhance energy efficiency. These market dynamics underscore the imperative for manufacturers to innovate and stay abreast of evolving consumer preferences and regulatory requirements.

Geographical analysis reveals a diverse landscape in the Automotive Rear-View Mirror Market, with Asia Pacific emerging as a dominant region owing to the rapid expansion of the automotive industry and increasing vehicle production in countries like China and India. North America and Europe follow closely, driven by stringent safety regulations and a strong presence of automotive manufacturers. Key players such as Gentex Corporation, Magna International Inc., and Ficosa International S.A. are leading the market with their innovative product offerings and strategic collaborations, focusing on enhancing safety, functionality, and aesthetics of rear-view mirrors to meet evolving consumer demands and regulatory standards.

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Market Drivers

Enhancing Safety and Driver Awareness

A primary driver in the Automotive Rear-View Mirror Market is the growing emphasis on improving road safety. The growing emphasis on improving road safety is a primary driver in the Automotive Rear-View Mirror Market. Advanced rear-view mirrors equipped with features like blind-spot detection, lane departure warning, and night vision assist play a pivotal role in reducing accidents by providing drivers with enhanced visibility and critical information about their surroundings. Blind-spot detection has been shown to reduce lane-change crashes by 14%. According to the Insurance Institute for Highway Safety, if all U.S. passenger vehicles were equipped in 2015 with a lane-departure warning system, nearly 85,000 crashes and more than 55,000 injuries would have been prevented that year. Furthermore, a study shows that lane departure warning has the potential to reduce single-vehicle, sideswipe, and head-on crashes by 11%. Night vision in a vehicle, now that it can reliably detect and alert you to pedestrians, cyclists, and deer beyond the reach of your headlamps, is well worth considering when you’re looking to buy your next car. The intelligently controlled lights of night vision systems can reach up to two hundred yards into the night, and the Night Vision Assist can even see an astonishing one hundred yards further into the darkness, detecting people and larger animals not yet visible in the headlights. Advanced rear-view mirrors equipped with features like blind-spot detection, lane departure warning, and night vision assist play a pivotal role in reducing accidents by providing drivers with enhanced visibility and critical information about their surroundings. These innovative technologies significantly enhance driver awareness and contribute to overall road safety.

Government Regulations and Mandates

Many countries worldwide are implementing stricter safety regulations for vehicles, which are driving the adoption of advanced features in rear-view mirrors. Many countries worldwide are implementing stricter safety regulations for vehicles. For instance, in India, new safety norms for cars were introduced in 2024. These norms mandate the addition of advanced safety features that were not previously required and require that all cars sold in India must meet certain crash test standards. This is a significant improvement over the previous safety norms. These regulations are driving the adoption of advanced features in rear-view mirrors. Specific functionalities such as lane change indicators or automatic dimming are being mandated, further fueling the market growth for these technologies. For instance, the time it takes to change lanes ranges from 0.15 to 15 seconds, with an average of 2 seconds. Fitch and Hankey analyzed the 2009 National Automotive Sampling System General Estimates System and found that 7.44% of all car crashes are due to lane changes. Automatic dimming technology for vehicle headlights has become increasingly popular in recent years due to its potential to improve road safety and reduce driver fatigue. Today almost every car above 7 lakhs has auto-dimming IRVM and GENTEX is the leading manufacturer. These regulations may mandate the inclusion of specific functionalities such as lane change indicators or automatic dimming, further fueling the market growth for these technologies.

Rising Demand for Premium Features and Comfort

Another significant driver shaping the market is the rising consumer demand for premium vehicles and features. Consumers are increasingly seeking technologically advanced rear-view mirrors that offer convenience, improved aesthetics, and a more comfortable driving experience. As a result, manufacturers are focusing on developing rear-view mirrors with advanced functionalities to cater to this demand, thereby driving market growth and fostering innovation in the automotive sector.

Integration with Advanced Driver-Assistance Systems (ADAS)

The convergence of Advanced Driver-Assistance Systems (ADAS) features with rear-view mirrors represents a crucial driver in the market. Integrating cameras mounted on the rear of the vehicle with the mirror allows for a live feed projection, effectively eliminating blind spots and offering a broader field of view. For example, camera-based rear-view mirrors offer the potential to create a larger field of vision and better display rear traffic information. The use of small blind spot mirrors can increase the visibility field by 17 degrees. This integration not only enhances overall vehicle safety but also boosts driver confidence by providing comprehensive visibility and awareness of the surroundings, thereby driving the adoption of advanced rear-view mirror technologies.

Market Trends

Smart Rear-View Mirrors

Traditional mirrors are rapidly being replaced by smart variants equipped with LCD screens or heads-up displays (HUDs), ushering in a new era of automotive technology. For instance, the use of Head-Up Displays (HUDs) brings a new approach to the process of obtaining the necessary driving information. Unlike conventional head-down displays (HDDs), HUDs integrate information about the external environment with system information by projecting visual cues of driving-related information onto a transparent display. In recent years, the number of cars equipped with HUD systems has continued to rise. The use of HUDs is expected to increase in the future, with one third of all cars expected to be equipped with HUD systems by 2024. These smart mirrors boast multifunctionality, capable of projecting a rear camera feed, eliminating blind spots, displaying navigation information, and even detecting driver drowsiness or distraction. The integration of advanced features enhances driver awareness and safety, offering a comprehensive view of the vehicle’s surroundings while providing valuable assistance to the driver.

Digitalization and Connectivity

The digitization of rear-view mirrors is transforming them into sophisticated information hubs within vehicles. Integrated with onboard diagnostics (OBD) systems and vehicle infotainment systems, these mirrors offer a range of functionalities, including automatic dimming, displaying tire pressure information, and receiving real-time traffic updates. Auto-dimming mirrors offer improved safety and reduced eye strain and driver fatigue by dimming the mirror when needed. At least 7 out of 10 car owners find auto-dimming mirrors worth the money.

Displaying tire pressure information is another crucial functionality. Tire pressure monitoring systems (TPMS) have been standard in light vehicles sold within the United States with a gross vehicle weight rating (GVWR) of 10,000 lbs. or less since September 1, 2007. On average, the absolute percent difference between displayed and actual tire pressure was between 1.2-1.5 percent, depending on tire location. Moreover, wireless connectivity via Bluetooth or Wi-Fi facilitates seamless software updates and integration with smartphone apps, enhancing user experience and ensuring that the mirror remains up-to-date with the latest features and information.

Market Challenges Analysis

High Cost and Budget Constraints

The integration of advanced technologies into rear-view mirrors presents a significant challenge due to the associated high costs. Smart rear-view mirrors equipped with integrated cameras, displays, and connectivity features can substantially increase the overall vehicle cost, potentially limiting their adoption, particularly in budget-friendly car segments. This cost barrier poses a challenge for manufacturers striving to balance innovation with affordability while ensuring that advanced features remain accessible across diverse consumer demographics.

Consumer Adoption and Interface Complexity

Another challenge lies in consumer acceptance and user interface concerns associated with novel rear-view mirror technologies. The introduction of innovative features may necessitate a shift in driver habits and introduce new user interfaces. Consumers may require time to adapt to these changes and feel comfortable using them while driving. Therefore, ensuring intuitive and user-friendly interfaces will be crucial for wider acceptance and successful integration of advanced rear-view mirror technologies into vehicles.

Data Privacy and Security

With increased connectivity and digital features, concerns regarding data privacy and security are on the rise. Consumers may express apprehension about data collected from cameras or sensors integrated into rear-view mirrors, raising questions about the protection of sensitive information. To address these concerns, manufacturers must implement robust security measures to safeguard user data and ensure compliance with relevant privacy regulations, thereby fostering trust and confidence among consumers.

Market Segmentation Analysis:

By Mounting Position:

In the Automotive Rear-View Mirror Market, segmentation by mounting position plays a crucial role in understanding consumer preferences and market dynamics. The two primary mounting positions are body-mounted and door-mounted rear-view mirrors. Body-mounted mirrors are typically integrated into the vehicle’s body structure, providing a stable and aerodynamic design. On the other hand, door-mounted mirrors are attached to the vehicle’s doors, offering flexibility in adjustment and positioning. Consumer preferences for mounting positions may vary based on vehicle type, design aesthetics, and functionality requirements.

By Features:

The Automotive Rear-View Mirror Market is further segmented based on features, reflecting the diverse range of functionalities available to consumers. These features include power-controlled mirrors, offering convenient adjustment options for optimal viewing angles. Auto-dimming mirrors automatically adjust their brightness based on ambient light conditions, enhancing visibility and reducing glare. Turn signal mirrors incorporate LED indicators to improve vehicle visibility and signaling. Mirrors equipped with blind spot detection systems use sensors to alert drivers of vehicles in adjacent lanes, enhancing safety. Additionally, auto-foldable mirrors provide convenience by automatically folding inwards when the vehicle is parked, reducing the risk of damage in tight spaces. Understanding these feature-based segments enables manufacturers to cater to specific consumer needs and preferences, driving innovation and market competitiveness.


Based on Mounting Position:

  • Body
  • Door

Based on Features:

  • Power Controlled
  • Auto Dimming
  • Turn Signal
  • Blind Spot Detection
  • Auto Foldable

Based on the Geography:

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • The U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Regional Analysis

North America

North America captures a 20% market share, driven by the presence of major automotive manufacturers and the growing consumer demand for technologically advanced vehicles. The United States remains the largest contributor to the North American market, followed by Canada, where the emphasis on vehicle safety and the adoption of advanced driver assistance systems have propelled the integration of innovative rear-view mirror solutions.


Europe holds the second-largest market share, accounting for approximately 25% of the global revenue. The region’s well-established automotive industry, coupled with the emphasis on vehicle safety and the implementation of stringent regulations, has driven the demand for advanced rear-view mirror systems. Countries such as Germany, France, and the United Kingdom are the key contributors to the European market, where automakers are increasingly incorporating features like auto-dimming, blind-spot monitoring, and integrated camera systems into rear-view mirrors.

Key Player Analysis

  1. FLABEG Holding GmbH (Germany)
  2. Ficosa International S.A. (Spain)
  3. Magna International Inc. (Canada)
  4. Gentex Corporation (U.S.)
  5. SL Corporation (South Korea)
  6. Burco Inc. (U.S.). Valeo SA (France)
  7. Lumax Automotive Systems Ltd (India)
  8. Honda Lock Manufacturing (Japan)
  9. Ichikoh Industries Ltd. (Japan)
  10. Murakami Corporation (Japan)

Competitive Analysis

In the competitive landscape of the Automotive Rear-View Mirror Market, several key players dominate the industry, each striving for market share through innovation, product differentiation, and strategic partnerships. Gentex Corporation stands out as a leading player, known for its cutting-edge electrochromic auto-dimming mirrors and advanced driver-assistance systems (ADAS) integration. Magna International Inc. maintains a strong foothold in the market with its diverse portfolio of rear-view mirror solutions, including power-controlled mirrors and blind-spot detection systems. Ficosa International S.A. remains competitive through its expertise in developing auto-foldable mirrors and turn signal mirrors, catering to the growing demand for convenience and safety features. Valeo S.A. emerges as a formidable competitor, focusing on technological advancements such as augmented reality (AR) integration in rear-view mirrors to enhance driver awareness. As the market continues to evolve, these leading players are expected to drive innovation and set industry standards, shaping the future of automotive rear-view mirror solutions.

Recent Developments

In June 2022, Tokai Rika has revealed its intention to enter the autonomous driving market. The image synthesis technology developed through the creation of electric mirrors will be applied to remote monitoring systems for autonomous driving. To begin, Tokai Rika intends to incorporate its remote monitoring system into autonomous driving demonstration demonstrations that will take place in over 40 places around Japan.

In April 2022, Oshima Electric Works Co., Ltd. (Oshima Electric Works), a consolidated subsidiary of Murakami Corporation, has changed its name. Murakami East Japan Corporation (Murakami East Japan) is the new corporation name. Murakami stated in August 2021 that it would acquire 84.2% of Mitsuba Corporation’s stake in Oshima Electric Works and turn it into a subsidiary.

In September 2022, OMNIVISION has partnered with Analog Devices, Inc. (ADI) to provide a camera system that allows automotive OEMs to seamlessly upgrade from SD to HD resolution while maintaining exceptional performance and the lowest system cost. The solution features OMNIVISION’s OX01F10 1.3-megapixel (MP) SoC coupled with ADI’s C2B Car Camera Bus (C2B) link technology for entry-level HD rear-view (RVC) and surround-view (SVS) cameras and e-mirrors.

In August 2022, Gentex announced that it would invest $300 million to grow in Zeeland. In Zeeland Charter Township, Gentex intends to build a brand-new high-tech manufacturing facility and distribution center. The project will give the business more capacity for processing glass, producing auto-dimming interior and exterior mirrors, and producing other components. Additionally, in 2021, the company distributed 27.2 million interior automatic-dimming mirrors.

In August 2022, Holitech Europe GmbH announced that it is developing a video camera with a resolution of 2M for streaming applications at the rear of the car. Also in the pipeline is an 8M resolution camera for use in Advanced Driver Assistance Systems (ADAS), 2M resolution cameras to replace the rearview mirror and a 1M resolution camera for use in combination with a DVR (Digital Video Recorder) in the vehicle. Holitech also produces complete camera systems consisting of a control unit and four wide-angle cameras, thus enabling 360° all-round vision. The cameras are available in VGA and HD resolution.

Market Concentration & Characteristics

The Automotive Rear-View Mirror Market exhibits characteristics of moderate to high market concentration, with a few major players dominating a significant portion of the market share. This concentration is primarily attributed to the extensive research and development investments required to develop advanced rear-view mirror technologies and the high barriers to entry, including stringent regulatory requirements and the need for specialized manufacturing capabilities. Additionally, the market is characterized by intense competition among key players, driving continuous innovation and technological advancements to differentiate products and gain a competitive edge. Market concentration also fosters strategic collaborations and partnerships among manufacturers to leverage complementary strengths and expand market reach. Despite the concentration among major players, the market remains dynamic and responsive to evolving consumer preferences, regulatory trends, and technological developments, ensuring ongoing growth and innovation in the Automotive Rear-View Mirror Market.

Report Coverage

The research report offers an in-depth analysis based on Mounting Position, Features, Distribution Channel, and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

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Future Outlook

  1. Continued Integration of Advanced Technologies: The Automotive Rear-View Mirror Market is expected to witness further integration of advanced features such as augmented reality (AR) overlays and enhanced connectivity options to meet evolving consumer demands for safety and convenience.
  2. Emphasis on Driver Assistance and Safety: Manufacturers will continue to prioritize the development of rear-view mirror systems with advanced driver-assistance features, including blind spot detection, lane departure warning, and collision avoidance systems, to enhance overall vehicle safety.
  3. Expansion of Electric Vehicle Segment: With the increasing adoption of electric vehicles (EVs), rear-view mirror designs will evolve to optimize aerodynamics and reduce energy consumption, contributing to the growth of the EV segment in the market.
  4. Personalization and Customization: The trend towards customizable rear-view mirror experiences will persist, allowing drivers to tailor display settings, mirror angles, and information shown on the screen based on individual preferences.
  5. Enhanced Connectivity and Digitalization: Rear-view mirrors will become increasingly digitized, integrating with onboard diagnostics (OBD) systems and vehicle infotainment systems to offer features such as automatic dimming and real-time traffic updates.
  6. Addressing Data Privacy Concerns: Manufacturers will focus on implementing robust security measures to address consumer concerns regarding data privacy and security associated with rear-view mirror cameras and sensors.
  7. Regulatory Compliance and Safety Standards: Clear regulations governing the integration of emerging technologies like AR into rear-view mirrors will be established to ensure compliance with safety standards and mitigate potential distractions for drivers.
  8. Continued Market Consolidation: Market consolidation is expected to continue as leading players strive to expand their market share through strategic acquisitions, partnerships, and investments in research and development.
  9. Focus on Cost-Effectiveness: While advanced features offer significant benefits, manufacturers will also emphasize cost-effective solutions to make rear-view mirror technologies more accessible across different vehicle segments.
  10. Innovation in Design and Materials: Future rear-view mirror designs will focus on lightweight materials and sleeker designs to improve vehicle aerodynamics and aesthetics while maintaining functionality and safety standards.

1. Introduction
1.1. Report Description
1.2. Purpose of the Report
1.3. USP & Key Offerings
1.4. Key Benefits for Stakeholders
1.5. Target Audience
1.6. Report Scope
1.7. Regional Scope
2. Scope and Methodology
2.1. Objectives of the Study
2.2. Stakeholders
2.3. Data Sources
2.3.1. Primary Sources
2.3.2. Secondary Sources
2.4. Market Estimation
2.4.1. Bottom-Up Approach
2.4.2. Top-Down Approach
2.5. Forecasting Methodology
3. Executive Summary
4. Introduction
4.1. Overview
4.2. Key Industry Trends
5. Automotive Rear-View Mirror Market
5.1. Market Overview
5.2. Market Performance
5.3. Impact of COVID-19
5.4. Market Forecast
6. Market Breakup by Mounting Position
6.1. Body
6.1.1. Market Trends
6.1.2. Market Forecast
6.1.3. Revenue Share
6.1.4. Revenue Growth Opportunity
6.2. Door
6.2.1. Market Trends
6.2.2. Market Forecast
6.2.3. Revenue Share
6.2.4. Revenue Growth Opportunity
7. Market Breakup by Features
7.1. Power Controlled
7.1.1. Market Trends
7.1.2. Market Forecast
7.1.3. Revenue Share
7.1.4. Revenue Growth Opportunity
7.2. Auto Dimming
7.2.1. Market Trends
7.2.2. Market Forecast
7.2.3. Revenue Share
7.2.4. Revenue Growth Opportunity
7.3. Turn Signal
7.3.1. Market Trends
7.3.2. Market Forecast
7.3.3. Revenue Share
7.3.4. Revenue Growth Opportunity
7.4. Blind Spot Detection
7.4.1. Market Trends
7.4.2. Market Forecast
7.4.3. Revenue Share
7.4.4. Revenue Growth Opportunity
7.5. Auto Foldable
7.5.1. Market Trends
7.5.2. Market Forecast
7.5.3. Revenue Share
7.5.4. Revenue Growth Opportunity
8. Market Breakup by Region
8.1. North America
8.1.1. United States Market Trends Market Forecast
8.1.2. Canada Market Trends Market Forecast
8.2. Asia-Pacific
8.2.1. China
8.2.2. Japan
8.2.3. India
8.2.4. South Korea
8.2.5. Australia
8.2.6. Indonesia
8.2.7. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Italy
8.3.5. Spain
8.3.6. Russia
8.3.7. Others
8.4. Latin America
8.4.1. Brazil
8.4.2. Mexico
8.4.3. Others
8.5. Middle East and Africa
8.5.1. Market Trends
8.5.2. Market Breakup by Country
8.5.3. Market Forecast
9. SWOT Analysis
9.1. Overview
9.2. Strengths
9.3. Weaknesses
9.4. Opportunities
9.5. Threats
10. Value Chain Analysis
11. Porters Five Forces Analysis
11.1. Overview
11.2. Bargaining Power of Buyers
11.3. Bargaining Power of Suppliers
11.4. Degree of Competition
11.5. Threat of New Entrants
11.6. Threat of Substitutes
12. Price Analysis
13. Competitive Landscape
13.1. Market Structure
13.2. Key Players
13.3. Profiles of Key Players
13.3.1. FLABEG Holding GmbH (Germany) Company Overview Product Portfolio Financials SWOT Analysis
13.3.2. Ficosa International S.A. (Spain)
13.3.3. Magna International Inc. (Canada)
13.3.4. Gentex Corporation (U.S.)
13.3.5. SL Corporation (South Korea)
13.3.6. Burco Inc. (U.S.)
13.3.7. Valeo SA (France)
13.3.8. Lumax Automotive Systems Ltd (India)
13.3.9. Honda Lock Manufacturing (Japan)
13.3.10. Ichikoh Industries Ltd. (Japan)
13.3.11. Murakami Corporation (Japan)
14. Research Methodology

Frequently Asked Questions:

What is the current size of the Automotive Rear-View Mirror Market?

The Automotive Rear-View Mirror Market is currently valued at approximately USD 11875.92 million in 2024 and is projected to grow to USD 18184.39 million by 2032.

What factors are driving the growth of the Automotive Rear-View Mirror Market?

Key factors include increasing vehicle production, stringent safety regulations mandating advanced features like ADAS, rising demand for electric vehicles, and the integration of smart technologies enhancing mirror functionality.

What are the key segments within the Automotive Rear-View Mirror Market?

The market is segmented based on mounting position (body-mounted and door-mounted), features (power-controlled, auto-dimming, turn signal, blind spot detection, auto foldable), and by region.

What are some challenges faced by the Automotive Rear-View Mirror Market?

Major challenges include high costs associated with advanced technologies, consumer adaptation to smart mirror interfaces, and concerns over data privacy and security with connected devices.

Who are the major players in the Automotive Rear-View Mirror Market?

Key players include Gentex Corporation, Magna International Inc., Ficosa International S.A., and other leading manufacturers who innovate and lead market trends with advanced rear-view mirror solutions.

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