COVID-19 Recovery Analysis: Automotive Mirror System Market | Increasing Sales Of Passenger Cars to Boost the Market Growth
September 21, 2020
Technavio has been monitoring the automotive mirror system market and it is poised to grow by 21.75 mn units during 2020-2024, progressing at a CAGR of over 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Automotive Mirror System Market 2020-2024 (Graphic: Business Wire)
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ford Motor Co., General Motors Co., Gentex Corp., Kappa optronics GmbH, Magna International Inc., Motherson Sumi Systems Ltd., Murakami Corp., Robert Bosch GmbH, Stoneridge Inc., and Valeo SA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Increasing sales of passenger cars has been instrumental in driving the growth of the market.
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Automotive Mirror System Market 2020-2024: Segmentation
Automotive Mirror System Market is segmented as below:
Automotive Mirror System Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive mirror system market report covers the following areas:
Automotive Mirror System Market Size
Automotive Mirror System Market Trends
Automotive Mirror System Market Industry Analysis
This study identifies the rising replacement of conventional mirrors by auto-dimming mirrors as one of the prime reasons driving the automotive mirror system market growth during the next few years.
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Automotive Mirror System Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist automotive mirror system market growth during the next five years
Estimation of the automotive mirror system market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the automotive mirror system market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of the automotive mirror system market vendors
Table of Contents:
Value chain analysis
Five Forces Analysis
Market Segmentation by Position
Comparison by Position
Exterior – Market size and forecast 2019-2024
Interior – Market size and forecast 2019-2024
Market opportunity by Position
APAC – Market size and forecast 2019-2024
Europe – Market size and forecast 2019-2024
North America – Market size and forecast 2019-2024
South America – Market size and forecast 2019-2024
MEA – Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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 consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200921005615/en/