Automotive Outside Rearview Mirrors (ORVM) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Automotive Outside Rearview Mirrors market is segmented by Vehicle Type (Passenger Car and Commercial Vehicle), Powertrain Type (IC Engine and Electric), Feature Type (Auto-Dimming, Blind Spot Indicator, Automatic Folding, and Others), Sales Channel Type (OEM and Aftermarket), and by Geography (North America, Europe, Asia-Pacific and Rest of the World). The report offers market size and forecasts for the Automotive Outside Rearview Mirrors (ORVM) market for all the above segments.

Automotive Outside Rearview Mirrors (ORVM) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Automotive Outside Rearview Mirrors Industry Overview

The automotive market is moderately consolidated due to the presence of many local and global players such as Magna International Inc., Gentex Corporation, and Valeo amongst others. The market is transforming but the new technologies are right now in the concept phase and in the near future, they will not replace conventional mirrors. Although companies are increasing investment in R&D projects to provide a more convenient and safer experience to the car owner. For instance,

  • In May 2021, Gentex Corporation announced that it has recently begun shipping to Volkswagen its Bluetooth-enabled automatic-dimming mirror with HomeLink integrated buttons capable of operating a wide range of radio frequency (RF) and cloud-based smart home devices. Gentex's Bluetooth-enabled HomeLink mirror will launch with VW as an optional accessory on the 2022 Volkswagen Taos.

Automotive Outside Rearview Mirrors Market Leaders

  1. Gentex Corporation

  2. Samvardhana Motherson Reflectec

  3. Magna International, Inc.

  4. Ficosa International SA

  5. Murakami Corporation

  6. *Disclaimer: Major Players sorted in no particular order
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