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Global Automotive Intelligent Rearview Mirror Market 2018-2022 | Key Insights and Understandings | Technavio

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The global automotive intelligent rearview mirror market is expected to
post a CAGR of over 70% during the period 2018-2022, according to the
latest market research report by Technavio.
However, the growth momentum of the market is expected to decelerate due
to a decline in the year-over-year growth.

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Technavio has published a new market research report on the global automotive intelligent rearview m ...

Technavio has published a new market research report on the global automotive intelligent rearview mirror market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the growing popularity
of premium SUVs. SUVs contribute significantly to the intelligent
rearview mirror market. The height of the SUVs reduces the visibility of
short obstacles while reversing. Thus, most SUVs are fitted with an
additional mirror placed at the back windshield. In developed regions,
cameras are replacing rearview mirrors owing to their ability to provide
wider visibility to the driver in a more comfortable manner. Thus,
intelligent rearview mirrors are expected to become a crucial component
in these vehicles during the forecast period.

This market research report on the global
automotive intelligent rearview mirror market 2018-2022
also
provides an analysis of the most important trends expected to impact the
market outlook during the forecast period. Technavio classifies an
emerging trend as a major factor that has the potential to significantly
impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the budding interest among
prominent automotive OEMs as one of the key emerging trends in the
global automotive intelligent rearview mirror market:

Global automotive intelligent rearview mirror
market: Budding interest among prominent automotive OEMs

Conventional rearview mirrors are ineffective if the rear side of the
vehicle is loaded with cargo or tall passengers or based on the design
of the vehicle. Therefore, developments in the form of camera technology
have been encouraged by the stakeholders, which is the driving the
global automotive intelligent rearview mirror market.

"Companies such as Nissan unveiled the innovative, intelligent
rearview mirror. This rearview mirror allows easy switching between
intelligent and traditional mirror functions. This rearview mirror has a
built-in LCD monitor within the traditional rearview mirror. It can be
controlled using a switch located at the bottom of the mirror whenever
there is an obstacle such as tall passengers, cargo, or lack of
visibility due to external factors such as night and strong headlights
from the vehicle behind,"
says a senior analyst at Technavio for
research on human machine interface.

Global automotive intelligent rearview mirror
market: Segmentation analysis

This market research report segments the global automotive intelligent
rearview mirror market by application (passenger cars and commercial
vehicles) and geographical regions (APAC, EMEA, and the Americas).

The passenger cars segment held the largest market share in 2017,
accounting for 100% of the market. This application segment is expected
to dominate the global market throughout the forecast period.

APAC led the market in 2017 with a market share of nearly 39% of the
market share. The market share occupied by this region is anticipated to
decrease during 2018-2022.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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