Global Automotive Rear View Mirror Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Exterior Rear-view Mirror, and Interior Rear-view Mirror.

By Features;

Auto Dimming, Blind Spot Detection, Power Control, Automatic Foldable, Heating, and Others.

By Product;

Conventional Rear-view Mirror, and Smart Rear-view Mirror.

By Mounting Location;

Body Mounted, and Door Mounted.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn939487593 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Automotive Rear View Mirror Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive Rear View Mirror Market was valued at USD 9,027.47 million. The size of this market is expected to increase to USD 15,371.50 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.9%.

The Automotive Rear View Mirror Market has seen significant growth in recent years, driven by several key factors. One major contributor to this growth is the increased demand for electric vehicles (EVs). As the automotive industry shifts towards more sustainable and environmentally friendly transportation options, the adoption of EVs has surged. Rear view mirrors are essential components of any vehicle, including EVs, contributing to enhanced safety and visibility for drivers. Therefore, the growing market for EVs has fueled the demand for rear view mirrors, propelling market growth.

Another factor driving the Automotive Rear View Mirror Market is the development of new mirror technologies. Traditional mirrors are being replaced by innovative solutions such as electrochromic mirrors and camera-based mirrors. Electrochromic mirrors offer automatic dimming capabilities, reducing glare from headlights of trailing vehicles and improving visibility for drivers. Camera-based mirrors, on the other hand, use cameras mounted on the vehicle to provide real-time video feeds to displays inside the cabin, offering a wider field of view and eliminating blind spots. These advanced mirror technologies not only enhance safety but also contribute to a more modern and sophisticated driving experience, driving market growth further.

Regulatory mandates aimed at improving vehicle safety standards have also played a significant role in driving the Automotive Rear View Mirror Market. Governments around the world are implementing regulations that mandate the inclusion of certain safety features in vehicles, including rear view mirrors. As a result, automakers are compelled to incorporate high-quality rear view mirrors in their vehicles to comply with these regulations. This regulatory push for improved safety standards has created a steady demand for rear view mirrors, contributing to market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Features
    3. Market Snapshot, By Product
    4. Market Snapshot, By Mounting Location
    5. Market Snapshot, By Region
  4. Global Automotive Rear View Mirror Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Electric vehicles (EVs)
        2. New mirror technologies
        3. Electrochromic mirrors
        4. Camera-based mirrors
      2. Restraints
        1. Cost pressures
        2. Regulatory challenges:
        3. Market saturation
        4. Technological limitations
      3. Opportunities
        1. Electric Vehicles (EVs)
        2. Advanced Mirror Technologies
        3. Electrochromic Mirrors
        4. Camera-based Mirrors
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Rear View Mirror Market, By Type, 2021 - 2031 (USD Million)
      1. Exterior Rear-view Mirror
      2. Interior Rear-view Mirror
    2. Global Automotive Rear View Mirror Market, By Features, 2021 - 2031 (USD Million)
      1. Auto Dimming
      2. Blind Spot Detection
      3. Power Control
      4. Automatic Foldable
      5. Heating
      6. Others
    3. Global Automotive Rear View Mirror Market, By Product, 2021 - 2031 (USD Million)
      1. Conventional Rear-view Mirror
      2. Smart Rear-view Mirror
    4. Global Automotive Rear View Mirror Market, By Mounting Location, 2021 - 2031 (USD Million)
      1. Body Mounted
      2. Door Mounted
    5. Global Automotive Rear View Mirror Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. FLABEG Holding GmbH
      2. Ficosa International S.A.
      3. Magna International Inc.
      4. Gentex Corporation
      5. SL Corporation
      6. Burco Inc.
      7. Valeo SA
      8. Lumax Automotive Systems Ltd
      9. Honda Lock Manufacturing
      10. Ichikoh Industries Ltd.
      11. Murakami Corporation
  7. Analyst Views
  8. Future Outlook of the Market