Product Code: VMR112112054
The global demand for Automotive Virtual Exterior Mirror Market is presumed to reach the market size of nearly USD 720.41 MN by 2030 from USD 201 MN in 2022 with a CAGR of 17.3% under the study period of 2023 - 2030.
An Automotive virtual exterior mirror, also known as a digital or virtual side mirror, is an advanced technology used in vehicles to replace traditional physical side mirrors. Instead of using traditional mirror glass, these systems employ cameras and displays to provide drivers with a view of the vehicle's surroundings on screens located inside the car's cabin. This technology aims to enhance safety, visibility, and aerodynamics while reducing blind spots.
MARKET DYNAMICS:
The automotive virtual exterior mirror market has been influenced by a range of factors. Chief among them is the emphasis on safety and visibility improvement. Virtual exterior mirrors offer drivers a clearer, wider view of their surroundings, mitigating blind spots and enhancing lane changes and parking maneuvers. Evolving automotive safety regulations have driven manufacturers to integrate advanced driver assistance systems (ADAS), including virtual mirrors. Rapid technological advancements in camera technology, image processing, and displays have bolstered the effectiveness and accessibility of virtual exterior mirrors. These mirrors also contribute to improved aerodynamics and fuel efficiency, a significant focus for the automotive industry. Additionally, the design freedom they provide and their integration into broader ADAS packages have elevated their appeal. The market's growth is further driven by consumer demand for innovation, the rise of electric vehicles, and the move towards autonomous driving technology.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive virtual exterior mirror. The growth and trends of Automotive Virtual Exterior Mirror Industry provide a holistic approach to this study.
MARKET SEGMENTATION:
This section of the automotive virtual exterior mirror market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
- Hardware (Displays, Sensors, Cameras, Other Hardware Types)
- Software
- Services
By Technology
- 3D Body Scanning
- Photo Accurate Vfr
- 3D Augmented Reality And Virtual Reality
- Others
By Deployment Mode
By Installation Type
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Duty Trucks
- Buses And Coaches
- Others
By Distribution Channel
- OEM
- Aftermarket
- IAM (Independent Aftermarket Manufacturer)
REGIONAL ANALYSIS:
This section covers the regional outlook, which accentuates current and future demand for the Automotive Virtual Exterior Mirror market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive virtual exterior mirror market include Gentex Corporation, Magna International Inc., Panasonic Corporation, Ficosa International, Hyundai Mobis, Harman International, Nissan Motor Co., Ltd., Samsung Electro-Mechanics, Honda Motor Co. Ltd, BMW AG, Leopold Kostal GmbH & Co. KG, Mitsubishi Electric Corporation, YFAI (Yanteng Automotive Interiors), Continental AG, Samvardhana Motherson Reflectec (SMR), Valeo S.A. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . AUTOMOTIVE VIRTUAL EXTERIOR MIRROR - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Technology
- 3.7.3 Market Attractiveness Analysis By Deployment Mode
- 3.7.4 Market Attractiveness Analysis By Installation Type
- 3.7.5 Market Attractiveness Analysis By Vehicle Type
- 3.7.6 Market Attractiveness Analysis By Distribution Channel
- 3.7.7 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . GLOBAL AUTOMOTIVE VIRTUAL EXTERIOR MIRROR MARKET ANALYSIS BY COMPONENT
- 5.1 Overview by Component
- 5.2 Historical and Forecast Data
- 5.3 Analysis by Component
- 5.4 Hardware (Displays, Sensors, Cameras, Other Hardware Types) Historic and Forecast Sales by Regions
- 5.5 Software Historic and Forecast Sales by Regions
- 5.6 Services Historic and Forecast Sales by Regions
6 . GLOBAL AUTOMOTIVE VIRTUAL EXTERIOR MIRROR MARKET ANALYSIS BY TECHNOLOGY
- 6.1 Overview by Technology
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Technology
- 6.4 3D Body Scanning Historic and Forecast Sales by Regions
- 6.5 Photo Accurate VFR Historic and Forecast Sales by Regions
- 6.6 3D Augmented Reality and Virtual Reality Historic and Forecast Sales by Regions
- 6.7 Others Historic and Forecast Sales by Regions
7 . GLOBAL AUTOMOTIVE VIRTUAL EXTERIOR MIRROR MARKET ANALYSIS BY DEPLOYMENT MODE
- 7.1 Overview by Deployment Mode
- 7.2 Historical and Forecast Data
- 7.3 Analysis by Deployment Mode
- 7.4 On-Premises Historic and Forecast Sales by Regions
- 7.5 Cloud Historic and Forecast Sales by Regions
8 . GLOBAL AUTOMOTIVE VIRTUAL EXTERIOR MIRROR MARKET ANALYSIS BY INSTALLATION TYPE
- 8.1 Overview by Installation Type
- 8.2 Historical and Forecast Data
- 8.3 Analysis by Installation Type
- 8.4 Fixed Historic and Forecast Sales by Regions
- 8.5 Free Style Historic and Forecast Sales by Regions
9 . GLOBAL AUTOMOTIVE VIRTUAL EXTERIOR MIRROR MARKET ANALYSIS BY VEHICLE TYPE
- 9.1 Overview by Vehicle Type
- 9.2 Historical and Forecast Data
- 9.3 Analysis by Vehicle Type
- 9.4 Passenger cars Historic and Forecast Sales by Regions
- 9.5 Light Commercial Vehicles Historic and Forecast Sales by Regions
- 9.6 Heavy Duty Trucks Historic and Forecast Sales by Regions
- 9.7 Buses and Coaches Historic and Forecast Sales by Regions
- 9.8 Others Historic and Forecast Sales by Regions
10 . GLOBAL AUTOMOTIVE VIRTUAL EXTERIOR MIRROR MARKET ANALYSIS BY DISTRIBUTION CHANNEL
- 10.1 Overview by Distribution Channel
- 10.2 Historical and Forecast Data
- 10.3 Analysis by Distribution Channel
- 10.4 OEM Historic and Forecast Sales by Regions
- 10.5 Aftermarket Historic and Forecast Sales by Regions
- 10.6 IAM (Independent aftermarket Manufacturer) Historic and Forecast Sales by Regions
11 . GLOBAL AUTOMOTIVE VIRTUAL EXTERIOR MIRROR MARKET ANALYSIS BY GEOGRAPHY
- 11.1. Regional Outlook
- 11.2. Introduction
- 11.3. North America Sales Analysis
- 11.3.1. Overview, Historic and Forecast Data Sales Analysis
- 11.3.2. North America By Segment Sales Analysis
- 11.3.3. North America By Country Sales Analysis
- 11.3.4. United State Sales Analysis
- 11.3.5. Canada Sales Analysis
- 11.3.6. Mexico Sales Analysis
- 11.4. Europe Sales Analysis
- 11.4.1. Overview, Historic and Forecast Data Sales Analysis
- 11.4.2. Europe by Segment Sales Analysis
- 11.4.3. Europe by Country Sales Analysis
- 11.4.4. United Kingdom Sales Analysis
- 11.4.5. France Sales Analysis
- 11.4.6. Germany Sales Analysis
- 11.4.7. Italy Sales Analysis
- 11.4.8. Russia Sales Analysis
- 11.4.9. Rest Of Europe Sales Analysis
- 11.5. Asia Pacific Sales Analysis
- 11.5.1. Overview, Historic and Forecast Data Sales Analysis
- 11.5.2. Asia Pacific by Segment Sales Analysis
- 11.5.3. Asia Pacific by Country Sales Analysis
- 11.5.4. China Sales Analysis
- 11.5.5. India Sales Analysis
- 11.5.6. Japan Sales Analysis
- 11.5.7. South Korea Sales Analysis
- 11.5.8. Australia Sales Analysis
- 11.5.9. South East Asia Sales Analysis
- 11.5.10. Rest Of Asia Pacific Sales Analysis
- 11.6. Latin America Sales Analysis
- 11.6.1. Overview, Historic and Forecast Data Sales Analysis
- 11.6.2. Latin America by Segment Sales Analysis
- 11.6.3. Latin America by Country Sales Analysis
- 11.6.4. Brazil Sales Analysis
- 11.6.5. Argentina Sales Analysis
- 11.6.6. Peru Sales Analysis
- 11.6.7. Chile Sales Analysis
- 11.6.8. Rest of Latin America Sales Analysis
- 11.7. Middle East & Africa Sales Analysis
- 11.7.1. Overview, Historic and Forecast Data Sales Analysis
- 11.7.2. Middle East & Africa by Segment Sales Analysis
- 11.7.3. Middle East & Africa by Country Sales Analysis
- 11.7.4. Saudi Arabia Sales Analysis
- 11.7.5. UAE Sales Analysis
- 11.7.6. Israel Sales Analysis
- 11.7.7. South Africa Sales Analysis
- 11.7.8. Rest Of Middle East And Africa Sales Analysis
12 . COMPETITIVE LANDSCAPE OF THE AUTOMOTIVE VIRTUAL EXTERIOR MIRROR COMPANIES
- 12.1. Automotive Virtual Exterior Mirror Market Competition
- 12.2. Partnership/Collaboration/Agreement
- 12.3. Merger And Acquisitions
- 12.4. New Product Launch
- 12.5. Other Developments
13 . COMPANY PROFILES OF AUTOMOTIVE VIRTUAL EXTERIOR MIRROR INDUSTRY
- 13.1. Company Share Analysis
- 13.2. Market Concentration Rate
- 13.3. Gentex Corporation
- 13.3.1. Company Overview
- 13.3.2. Company Revenue
- 13.3.3. Products
- 13.3.4. Recent Developments
- 13.4. Magna International Inc.
- 13.4.1. Company Overview
- 13.4.2. Company Revenue
- 13.4.3. Products
- 13.4.4. Recent Developments
- 13.5. Panasonic Corporation
- 13.5.1. Company Overview
- 13.5.2. Company Revenue
- 13.5.3. Products
- 13.5.4. Recent Developments
- 13.6. Ficosa International
- 13.6.1. Company Overview
- 13.6.2. Company Revenue
- 13.6.3. Products
- 13.6.4. Recent Developments
- 13.7. Hyundai Mobis
- 13.7.1. Company Overview
- 13.7.2. Company Revenue
- 13.7.3. Products
- 13.7.4. Recent Developments
- 13.8. Harman International
- 13.8.1. Company Overview
- 13.8.2. Company Revenue
- 13.8.3. Products
- 13.8.4. Recent Developments
- 13.9. Nissan Motor Co. Ltd.
- 13.9.1. Company Overview
- 13.9.2. Company Revenue
- 13.9.3. Products
- 13.9.4. Recent Developments
- 13.10. Samsung Electro-Mechanics
- 13.10.1. Company Overview
- 13.10.2. Company Revenue
- 13.10.3. Products
- 13.10.4. Recent Developments
- 13.11. Honda Motor Co. Ltd
- 13.11.1. Company Overview
- 13.11.2. Company Revenue
- 13.11.3. Products
- 13.11.4. Recent Developments
- 13.12. BMW AG
- 13.12.1. Company Overview
- 13.12.2. Company Revenue
- 13.12.3. Products
- 13.12.4. Recent Developments
- 13.13. Leopold Kostal GmbH & Co. KG
- 13.13.1. Company Overview
- 13.13.2. Company Revenue
- 13.13.3. Products
- 13.13.4. Recent Developments
- 13.14. Mitsubishi Electric Corporation
- 13.14.1. Company Overview
- 13.14.2. Company Revenue
- 13.14.3. Products
- 13.14.4. Recent Developments
- 13.15. YFAI (Yanteng Automotive Interiors)
- 13.15.1. Company Overview
- 13.15.2. Company Revenue
- 13.15.3. Products
- 13.15.4. Recent Developments
- 13.16. Continental AG
- 13.16.1. Company Overview
- 13.16.2. Company Revenue
- 13.16.3. Products
- 13.16.4. Recent Developments
- 13.17. Samvardhana Motherson Reflectec (SMR)
- 13.17.1. Company Overview
- 13.17.2. Company Revenue
- 13.17.3. Products
- 13.17.4. Recent Developments
- 13.18. Valeo S.A
- 13.18.1. Company Overview
- 13.18.2. Company Revenue
- 13.18.3. Products
- 13.18.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies