Mar 5, 2018   SOURCE: BusinessWire

Global Automotive Power Folding Mirror Systems Market (2017-2021) With Key Players Ficosa, Gentex, Magna, Murakami and Samvardhana Motherson - ResearchAndMarkets.com

The "Global Automotive Power Folding Mirror Systems Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.

Global automotive power folding mirror systems market to grow at a CAGR of 10.16% during the period 2017-2021.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is increase in popularity of smart rear-view mirrors with power folding feature. Mirrors are continuously being upgraded with advances in technology. Currently, mirrors equipped with advanced features such as temperature readings, travel calculations, and weather conditions are being adopted. For instance, Nissan has developed a smart rear-view mirror with power folding feature that provides better rear visibility.

One driver in the market is increased focus on enhanced safety features. Due to the increased government regulations on safety features such as in the US, NHTSA has made it mandatory to equip all the vehicles with rear-view cameras by May 2018. Also, the awareness among consumers to purchase vehicles with enhanced safety features has been increased. As a result, even higher variants of the mass-selling cars are equipped with smart side view mirrors. For instance, in the US, the best-selling cars such as Toyota Camry and Toyota Corolla are equipped with auto-dimming mirrors with power folding mirror systems. Even in Europe, most of the cars are equipped with an auto-dimming mirror with power folding feature.

One challenge in the market is cameras could be a potential replacement for side-view mirrors.

Key Vendors

  • Ficosa International
  • Gentex
  • Magna International
  • Murakami
  • Samvardhana Motherson

Other Prominent Vendors

  • Flabeg Automotive Holding
  • Milenco
  • Mirror Controls international
  • Sakae Riken Kogyo

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation by Vehicle Type

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers and Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/m2cwjd/global_automotive?w=4