Research Automotive Rear View Mirror Market : Segmentation, | Page 5

Automotive Rear View Mirror Market
Global Automotive Rear View Mirror Market: Restraints
With the advancement in technology, concept cars are coming with camera installed instead of mirrors.
Cameras possess numerous advantages over traditional automotive rear view mirrors and help improve
safety. This leap in technology is projected to restrict the growth of the global automotive rear view
mirror market.
Japan is expected to be the first country, which allows camera instead of mirror. Later on, European
legislations will also permit this technology to reach stores by 2019. The luxury car manufacturers are
estimated to adopt this technology in their upcoming models owing to the higher cost associated with
cameras, as compared to traditional automotive rear view mirrors.
Global Automotive Rear View Mirror Market: Trend
Nowadays, electronic rear view mirrors are replacing traditional rear view mirrors in the form of display
and camera. This smart automotive rear view mirror integrates driving recorder, electronic speed
detection alerting, GPS, ADAS, navigation system, entertainment, gesture recognition and voice
operation. Various manufacturers are investing in smart mirror technology to capture market share.
Smart mirrors also incorporate the functions of auto dimming, electric control, memory and heating.
These functions of automotive rear view mirrors are primarily assembled in luxury and mid-range
vehicles.
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