Japan Electronic Rear Mirror Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 1.3 Billion by 2030, growing at a CAGR of 14.3% from 2024 to 2030.
The automotive sector represents the largest application segment for the electronic rear mirror market in Japan. This is primarily driven by the rising demand for advanced driver-assistance systems (ADAS) and improved safety features in vehicles. Electronic rear mirrors offer superior visibility, enhanced functionality, and integrated features such as cameras and sensors that contribute to safer driving experiences. In Japan, where technological innovation is a key focus, automakers are increasingly integrating electronic rear mirrors into new vehicle models to meet both regulatory standards and consumer expectations. The adoption rate of these mirrors is expected to grow as automotive manufacturers continue to enhance their vehicle offerings with cutting-edge technology.
As vehicle manufacturers strive to enhance their product portfolios with advanced features, the demand for electronic rear mirrors is anticipated to increase. These mirrors not only provide better visibility compared to traditional mirrors but also offer additional functionalities like blind-spot monitoring and collision warnings. This trend aligns with the broader shift towards incorporating more technology and automation in vehicles, which is particularly pronounced in the Japanese automotive industry. Furthermore, the integration of electronic rear mirrors is supported by government regulations aimed at improving road safety and reducing traffic accidents.
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Foryou Corporation
GoodView
Shenzhen Teamspower Electronics Company
Harman International
STONKAM
Ficosa
Panasonic
Zhejiang Ruxin Intelligent Technology
EYYES
Gentex
MITO Corporation
Magna International
Nissan
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Japan Electronic Rear Mirror Market
Commercial Vehicle
Passenger Car
Based on Types the Market is categorized into Below types that held the largest Electronic Rear Mirror market share In 2023.
Interior Rearview Mirror
Exterior Rearview Mirror
Main Rearview Mirror
Other
Japan (United States, Japan 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 Japan Electronic Rear Mirror 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. Japan Electronic Rear Mirror Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Electronic Rear Mirror Market, By Type
6. Japan Electronic Rear Mirror Market, By Application
7. Japan Electronic Rear Mirror Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Electronic Rear Mirror Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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