Insights on the Automotive Rear-view Mirror Global Market to 2027 - Featuring Gentex, Ichikoh Industries & Murakami Among Others
Dublin, Oct. 28, 2020 (GLOBE NEWSWIRE) -- The "Automotive Rear-view Mirror - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 9th edition of this report. The 278-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Automotive Rear-view Mirror Market to Reach $7.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Automotive Rear-view Mirror estimated at US$7.2 Billion in the year 2020, is projected to reach a revised size of US$7.3 Billion by 2027, growing at a CAGR of 0.1% over the period 2020-2027.
Passenger Vehicles, one of the segments analyzed in the report, is projected to record 0.2% CAGR and reach US$5.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Commercial Vehicles segment is readjusted to a revised -0.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 0.7% CAGR
The Automotive Rear-view Mirror market in the U.S. is estimated at US$2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 0.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.6% and -0.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately -0.4% CAGR.
Competitors identified in this market include, among others:
Ficosa International SA
FLABEG Automotive Holding GmbH
Gentex Corporation
Ichikoh Industries Ltd.
Magna International, Inc.
Mekra Lang GmbH & Co. Kg
Murakami Corporation
Shanghai Lvxiang Auto Parts Co. Ltd.
SL Corporation
SMR Automotive Mirrors Stuttgart GmbH
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Automotive Rear-view Mirror Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 47
For more information about this report visit https://www.researchandmarkets.com/r/wt6zdr
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