Automotive Electronic Exterior Mirrors Market size is estimated to be USD 3.2 Billion in 2024 and is expected to reach USD 5.9 Billion by 2033 at a CAGR of 7.6% from 2026 to 2033.
In 2022, the global automotive electronic exterior mirrors market was valued at approximately USD 2.05 billion, with projections indicating growth to USD 2.83 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.1% during the forecast period. The Asia Pacific region dominated the market, accounting for 48% of the global share, driven by significant vehicle production in countries like China, India, South Korea, and Japan. Europe also held a substantial market share, supported by the presence of prominent luxury car manufacturers. The increasing demand for vehicles equipped with advanced safety and convenience features presents significant opportunities for market expansion. Innovations such as auto dimming, heating functions, integrated cameras, and digital display mirrors are becoming standard consumer expectations, particularly in North America and Europe. Additionally, the rise of electric and autonomous vehicles is anticipated to further drive the adoption of sophisticated electronic exterior mirrors, as manufacturers seek to enhance vehicle aerodynamics and safety features.
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Magna
Gentex
YF TECH
ADAYO
WODEER
YUXING ELECTRONICS
Shenzhen Soling
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Electronic Exterior Mirrors Market
Conventional Mirrors
Automatic/Digital Mirrors
Heated Mirrors
Electrochromatic Mirrors
Backup/Reverse Indicator Mirrors
Passenger Vehicles
Commercial Vehicles
Electric Vehicles (EVs)
Luxury Vehicles
Sport Utility Vehicles (SUVs)
Basic Functionality
Smart Technology (e.g., Wi-Fi, Connectivity)
Advanced Driver Assistance Systems (ADAS) Integration
360-Degree Cameras
Blind Spot Detection Systems
Plastic
Glass
Composite Materials
Metal Alloys
Polycarbonate
OEM (Original Equipment Manufacturer) Mirrors
Aftermarket Mirrors
Driver-Side Mirrors
Passenger-Side Mirrors
All-in-One Mirror Kits
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Electronic Exterior Mirrors Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Electronic Exterior Mirrors Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Electronic Exterior Mirrors Market, By Type
6. Global Automotive Electronic Exterior Mirrors Market, By Application
7. Global Automotive Electronic Exterior Mirrors Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automotive Electronic Exterior Mirrors Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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