Electric ORVM Market Growth and Trends
Electric ORVM Industry Regional Analysis
Electric ORVM Market Research Report Scope/Definition
For this market report purpose, electric Outside Rear-view Mirror (ORVM) is defined as an electrically powered side-view mirror located on the exterior of the vehicle to give a view of the surroundings located behind the vehicle. The electric ORVM assists the driver to make changes to the control mirror while inside the vehicle. The electric ORVM can also be heated to maintain a clear vision during icing or fogging. The Outer Rear View Mirror (ORVM) offers a means through which a driver can identify vehicles behind or near the car back while driving. The Internally adjustable ORVM has a manual switch handle close to the car window from where the mirror position can be changed without moving hands outside to adjust physically. Increasing the high price of electric ORVM is a key factor of lower demand for the product in the market; however, premium vehicles, as well as high demand for electric vehicles, offers an entry-level in the market that would enhance competition among manufacturers in the industry to offer a different product.
Electric ORVM Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Electric ORVM Market Share and Competition
Key companies operating in this industry are: Ficosa International SA, Magna International Inc., Ichikoh Industries, Ltd., Samvardhana Motherson Group, and Murakami Corporation, Mitsuba Corporation, SL Corporation, Flabeg, Shanghai Lvxiang, and Other Prominent Players
Electric ORVM Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Vehicle Type Analysis (Revenue, USD Million, 2022 - 2031)
• Passenger vehicle
• Light commercial vehicle
• Heavy commercial vehicle.
Sales Channel Analysis (Revenue, USD Million, 2022 - 2031)
Product Type Channel Analysis (Revenue, USD Million, 2022 - 2031)
• Smart Rear-View Mirrors
• Conventional Rear-View Mirrors
Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Electric ORVM Industry Companies
• Ficosa International SA
• Magna International Inc.
• Ichikoh Industries, Ltd.
• Samvardhana Motherson Group
• Murakami Corporation
• Mitsuba Corporation
• SL Corporation
• Shanghai Lvxiang
• Other Prominent Players
Available Versions of Electric ORVM Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
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