Automotive Camera-based Side Mirrors Market Forecast Report 2021: USD 69.68 Million Market Growth Opportunity by 2025 | Technavio | PR Newswire

Raymond S. Hughes

NEW YORK, June 29, 2022 /PRNewswire/ — The “Automotive Camera-based Side Mirrors Market by Application (passenger cars and commercial vehicles) and Geography (APAC, EMEA, and Americas) – Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The automotive camera-based side mirrors market share is expected to increase by USD 69.68 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 83.09%. The automotive camera-based side mirrors market share growth by the passenger cars segment will be significant for revenue generation. Luxury automakers are focusing on increasing the safety level of passenger cars and are adopting advanced safety functions such as camera-based side mirrors. Hence, the demand for automotive camera-based side mirrors is increasing steadily in the automotive industry.

Key Market Dynamics:

  • Market Driver – The growing uptake of automotive electronics is one of the key factors driving the growth of the global automotive camera-based side mirrors marketWith the advent of technological innovations in automobiles, the uptake of electronic components and sub-systems has increased in vehicles (especially passenger vehicles). In 2018, the penetration of automotive electronics was about three-fifths in an average automobile, which was about two-thirds during 2013-2014. 
  • Market Challenges – The government regulations regarding automotive mirrors are a major challenge for the global automotive camera-based side mirrors market growth. The majority of the states in the US are governed by regulations that require vehicles to have side-view mirrors. The addition of automotive camera-based side mirrors increases production costs. Hence, vehicle manufacturers are inclined to offer automotive camera-based side mirrors only with premium segment vehicles.

To learn about additional key drivers, trends, and challenges – Request a Sample Report right now!

Segmentation Analysis:

The automotive camera-based side mirrors market report is segmented by Application (passenger cars and commercial vehicles) and Geography (APAC, EMEA, and Americas).  

Regional Analysis: 41% of the market’s growth will originate from the Americas during the forecast period. The UK is the key market for automotive camera-based side mirrors market in the Americas. Market growth in this region will be faster than the growth of the market in regions. The growing uptake of automotive electronics will facilitate the automotive camera-based side mirrors market growth in the Americas over the forecast period.

Grab a sample report for additional insights into the contribution of all regional opportunities in the report.

Vendor Analysis

The automotive camera-based side mirrors market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

    • BMW Group
    • Continental AG
    • Gentex Corp.
    • Honda Motor Co. Ltd.
    • Hyundai Mobis Co. Ltd.
    • Kappa optronics GmbH
    • Kyocera Corp.
    • Magna International Inc.
    • Mitsubishi Electric Corp.
    • Motherson Sumi Systems Ltd.
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

Get ready to achieve excellent business outcomes from this exclusive Automotive Camera-based Side Mirrors Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –

  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
  • What is the current trend taking place in the market space?
  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
  • What are market drivers, restraints, and challenges impacting demand & growth of the market?
  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Automotive Camera-based Side Mirrors Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Automotive Camera-based Side Mirrors Market Forecast Report –  Buy Now!

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  • The automotive projector headlamps market share is expected to increase to USD 4.37 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.18%.

Automotive Camera-based Side Mirrors Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of about 83.09%

Market growth 2021-2025

USD 69.68 million

Market structure

Fragmented

YoY growth (%)

35.96

Performing market contribution

Americas at 41%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BMW Group, Continental AG, Gentex Corp., Honda Motor Co. Ltd., Hyundai Mobis Co. Ltd., Kappa optronics GmbH, Kyocera Corp., Magna International Inc., Mitsubishi Electric Corp., and Motherson Sumi Systems Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 02: Market characteristics
    • Exhibit 03: Value chain analysis for automotive components and accessories

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 05: Market segments
  • 3.2 Market segment analysis
  • 3.3 Market size 2020
    • Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
  • 3.4 Market outlook: Forecast for 2020 – 2025
    • Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 09: Bargaining power of buyers
  • 4.2 Bargaining power of buyers
    • Exhibit 10: Bargaining power of suppliers
  • 4.3 Bargaining power of suppliers
    • Exhibit 11: Threat of new entrants
  • 4.4 Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
    • Exhibit 14: Market condition – Five forces 2020

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 16: Comparison by Application
  • 5.2 Comparison by Application
    • Exhibit 17: Passenger cars – Market size and forecast 2020-2025 ($ million)
  • 5.3 Passenger cars – Market size and forecast 2020-2025
    • Exhibit 18: Passenger cars – Year-over-year growth 2020-2025 (%)
    • Exhibit 19: Commercial vehicles – Market size and forecast 2020-2025 ($ million)
  • 5.4 Commercial vehicles – Market size and forecast 2020-2025
    • Exhibit 20: Commercial vehicles – Year-over-year growth 2020-2025 (%)
    • Exhibit 21: Market opportunity by Application
  • 5.5 Market opportunity by Application

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 24: Geographic comparison
  • 7.2 Geographic comparison
    • Exhibit 25: APAC – Market size and forecast 2020-2025 ($ million)
  • 7.3 APAC – Market size and forecast 2020-2025
    • Exhibit 26: APAC – Year-over-year growth 2020-2025 (%)
    • Exhibit 27: EMEA – Market size and forecast 2020-2025 ($ million)
  • 7.4 EMEA – Market size and forecast 2020-2025
    • Exhibit 28: EMEA – Year-over-year growth 2020-2025 (%)
    • Exhibit 29: Americas – Market size and forecast 2020-2025 ($ million)
  • 7.5 Americas – Market size and forecast 2020-2025
    • Exhibit 30: Americas – Year-over-year growth 2020-2025 (%)
    • Exhibit 31: Key leading countries
  • 7.6 Key leading countries
  • 7.7 Market opportunity by geography
    • Exhibit 32: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.2 Market challenges
    • Exhibit 33: Impact of drivers and challenges

9 Vendor Landscape

  • 9.1 Overview
    • Exhibit 35: Landscape disruption
  • 9.2 Landscape disruption
    • Exhibit 36: Industry risks

10 Vendor Analysis

  • 10.2 Market positioning of vendors
    • Exhibit 38: Market positioning of vendors
    • Exhibit 39: BMW Group – Overview
    • Exhibit 40: BMW Group – Business segments
    • Exhibit 41: BMW Group – Key news
  • 10.3 BMW Group
    • Exhibit 42: BMW Group – Key offerings
    • Exhibit 43: BMW Group – Segment focus
    • Exhibit 44: Continental AG – Overview
    • Exhibit 45: Continental AG – Business segments
  • 10.4 Continental AG
    • Exhibit 46: Continental AG – Key news
    • Exhibit 47: Continental AG – Key offerings
    • Exhibit 48: Continental AG – Segment focus
    • Exhibit 49: Gentex Corp. – Overview
    • Exhibit 50: Gentex Corp. – Business segments
  • 10.5 Gentex Corp.
    • Exhibit 51: Gentex Corp. – Key news
    • Exhibit 52: Gentex Corp. – Key offerings
    • Exhibit 53: Gentex Corp. – Segment focus
    • Exhibit 54: Honda Motor Co. Ltd. – Overview
    • Exhibit 55: Honda Motor Co. Ltd. – Business segments
  • 10.6 Honda Motor Co. Ltd.
    • Exhibit 56: Honda Motor Co. Ltd. – Key news
    • Exhibit 57: Honda Motor Co. Ltd. – Key offerings
    • Exhibit 58: Honda Motor Co. Ltd. – Segment focus
    • Exhibit 59: Hyundai Mobis Co. Ltd. – Overview
    • Exhibit 60: Hyundai Mobis Co. Ltd. – Business segments
    • Exhibit 61: Hyundai Mobis Co. Ltd. – Key news
  • 10.7 Hyundai Mobis Co. Ltd.
  • 10.8 Kappa optronics GmbH
    • Exhibit 66: Kappa optronics GmbH – Key news
    • Exhibit 67: Kappa optronics GmbH – Key offerings
    • Exhibit 68: Kyocera Corp. – Overview
    • Exhibit 69: Kyocera Corp. – Business segments
  • 10.9 Kyocera Corp.
    • Exhibit 70: Kyocera Corp. – Key offerings
    • Exhibit 71: Kyocera Corp. – Segment focus
    • Exhibit 72: Magna International Inc. – Overview
    • Exhibit 73: Magna International Inc. – Business segments
  • 10.10 Magna International Inc.
    • Exhibit 74: Magna International Inc. – Key news
    • Exhibit 75: Magna International Inc. – Key offerings
    • Exhibit 76: Magna International Inc. – Segment focus
    • Exhibit 77: Mitsubishi Electric Corp. – Overview
    • Exhibit 78: Mitsubishi Electric Corp. – Business segments
  • 10.11 Mitsubishi Electric Corp.
    • Exhibit 79: Mitsubishi Electric Corp. – Key offerings
    • Exhibit 80: Mitsubishi Electric Corp. – Segment focus
    • Exhibit 81: Motherson Sumi Systems Ltd. – Overview
    • Exhibit 82: Motherson Sumi Systems Ltd. – Business segments
  • 10.12 Motherson Sumi Systems Ltd.
    • Exhibit 83: Motherson Sumi Systems Ltd. – Key offerings
    • Exhibit 84: Motherson Sumi Systems Ltd. – Segment focus

11 Appendix

  • 11.1 Scope of the report
    • Exhibit 85: Currency conversion rates for US$
  • 11.2 Currency conversion rates for US$
    • Exhibit 86: Research Methodology
  • 11.3 Research methodology
    • Exhibit 87: Validation techniques employed for market sizing
    • Exhibit 88: Information sources
    • Exhibit 89: List of abbreviations
  • 11.4 List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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