Global Automotive Electrically Adjustable Outside Rear View (ORVM) Mirror Market 2023-2027

Automotive Electrically Adjustable Outside Rear View (ORVM) Mirror Market 2023-2027


The automotive electrically adjustable outside rear view (ORVM) mirror market is forecasted to grow by USD 2,191.71 mn during 2022-2027, accelerating at a CAGR of 4.81% during the forecast period. The report on the automotive electrically adjustable outside rear view (ORVM) mirror market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for electrically adjustable OVRMs with advanced functionalities, increasing safety concerns in automotive ecosystem, and increasing preference for safe and convenient features in vehicles.

Technavio's automotive electrically adjustable outside rear view (ORVM) mirror market is segmented as below:

By Application
  • Passenger vehicles
  • Commercial vehicles
By Type
  • Memory storage
  • Foldable
  • Heatable
By Geography
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the emergence of surround-view mirror systems as one of the prime reasons driving the automotive electrically adjustable outside rear view (ORVM) mirror market growth during the next few years. Also, growing advances in automotive camera technology and increasing availability of electrically adjustable ORVMs in entry-segment vehicles in APAC will lead to sizable demand in the market.

The report on the automotive electrically adjustable outside rear view (ORVM) mirror market covers the following areas:
  • Automotive electrically adjustable outside rear view (ORVM) mirror market sizing
  • Automotive electrically adjustable outside rear view (ORVM) mirror market forecast
  • Automotive electrically adjustable outside rear view (ORVM) mirror market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive electrically adjustable outside rear view (ORVM) mirror market vendors that include BEEKAY AUTOMOTIVES, Enginetech Systems Pvt. Ltd., FLABEG Automotive Glass Group GmbH, Gentex Corp., Hilux Auto Electric Pvt. Ltd., Ishizaki Holdings Corp., Magna International Inc., MEKRA Lang GmbH and Co. KG, MinebeaMitsumi Inc., Mitsuba Corp., Murakami Corp., Panasonic Holdings Corp., Royal Auto Product, Sakae Riken Kogyo Co. Ltd., Samvardhana Motherson International Ltd., SL Corp., Valeo SA, Tata Sons Pvt. Ltd., and Tokai Rika Co. Ltd.. Also, the automotive electrically adjustable outside rear view (ORVM) mirror market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global automotive electrically adjustable outside rear view (ORVM) mirror market 2017 - 2021
      • Table Historic Market Size – Data Table on global automotive electrically adjustable outside rear view (ORVM) mirror market 2017 - 2021 ($ million)
    • Application Segment Analysis 2017 - 2021
      • Table Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • Type Segment Analysis 2017 - 2021
      • Table Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2022-2027 (%)
      • Table Data Table on Application - Market share 2022-2027 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Passenger vehicles - Market size and forecast 2022-2027
      • Table Chart on Passenger vehicles - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Passenger vehicles - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Passenger vehicles - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Passenger vehicles - Year-over-year growth 2022-2027 (%)
    • Commercial vehicles - Market size and forecast 2022- 2027
      • Table Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2022-2027 (%)
      • Table Data Table on Type - Market share 2022-2027 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Memory storage - Market size and forecast 2022-2027
      • Table Chart on Memory storage - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Memory storage - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Memory storage - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Memory storage - Year-over-year growth 2022-2027 (%)
    • Foldable - Market size and forecast 2022-2027
      • Table Chart on Foldable - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Foldable - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Foldable - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Foldable - Year-over-year growth 2022-2027 (%)
    • Heatable - Market size and forecast 2022-2027
      • Table Chart on Heatable - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Heatable - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Heatable - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Heatable - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
      • Table Data Table on Market opportunity by Type ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • South Korea - Market size and forecast 2022-2027
      • Table Chart on South Korea - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing demand for electrically adjustable ORVMs with advanced functionalities
      • Increasing safety concerns in automotive ecosystem
      • Growing preference for safe and convenient features in vehicles
    • Market challenges
      • Government regulations regarding automotive mirrors
      • Technical issues associated with automotive electrically adjustable ORVMs
      • Complexities in design and manufacture of electrically adjustable ORVMs
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Emergence of surround-view mirror systems
      • Growing advances in automotive camera technology
      • Increasing availability of electrically adjustable ORVMs in entrysegment vehicles in APAC
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • FLABEG Automotive Glass Group GmbH
      • Table FLABEG Automotive Glass Group GmbH - Overview
      • Table FLABEG Automotive Glass Group GmbH - Product / Service
      • Table FLABEG Automotive Glass Group GmbH - Key offerings
    • Gentex Corp.
      • Table Gentex Corp. - Overview
      • Table Gentex Corp. - Business segments
      • Table Gentex Corp. - Key news
      • Table Gentex Corp. - Key offerings
      • Table Gentex Corp. - Segment focus
    • Ishizaki Holdings Corp.
      • Table Ishizaki Holdings Corp. - Overview
      • Table Ishizaki Holdings Corp. - Product / Service
      • Table Ishizaki Holdings Corp. - Key offerings
    • Magna International Inc.
      • Table Magna International Inc. - Overview
      • Table Magna International Inc. - Business segments
      • Table Magna International Inc. - Key news
      • Table Magna International Inc. - Key offerings
      • Table Magna International Inc. - Segment focus
    • MEKRA Lang GmbH and Co. KG
      • Table MEKRA Lang GmbH and Co. KG - Overview
      • Table MEKRA Lang GmbH and Co. KG - Product / Service
      • Table MEKRA Lang GmbH and Co. KG - Key offerings
    • MinebeaMitsumi Inc.
      • Table MinebeaMitsumi Inc. - Overview
      • Table MinebeaMitsumi Inc. - Business segments
      • Table MinebeaMitsumi Inc. - Key news
      • Table MinebeaMitsumi Inc. - Key offerings
      • Table MinebeaMitsumi Inc. - Segment focus
    • Mitsuba Corp.
      • Table Mitsuba Corp. - Overview
      • Table Mitsuba Corp. - Business segments
      • Table Mitsuba Corp. - Key offerings
      • Table Mitsuba Corp. - Segment focus
    • Murakami Corp.
      • Table Murakami Corp. - Overview
      • Table Murakami Corp. - Product / Service
      • Table Murakami Corp. - Key offerings
    • Panasonic Holdings Corp.
      • Table Panasonic Holdings Corp. - Overview
      • Table Panasonic Holdings Corp. - Product / Service
      • Table Panasonic Holdings Corp. - Key news
      • Table Panasonic Holdings Corp. - Key offerings
    • Royal Auto Product
      • Table Royal Auto Product - Overview
      • Table Royal Auto Product - Product / Service
      • Table Royal Auto Product - Key offerings
    • Sakae Riken Kogyo Co. Ltd.
      • Table Sakae Riken Kogyo Co. Ltd. - Overview
      • Table Sakae Riken Kogyo Co. Ltd. - Product / Service
      • Table Sakae Riken Kogyo Co. Ltd. - Key offerings
    • Samvardhana Motherson International Ltd.
      • Table Samvardhana Motherson International Ltd. - Overview
      • Table Samvardhana Motherson International Ltd. - Business segments
      • Table Samvardhana Motherson International Ltd. - Key news
      • Table Samvardhana Motherson International Ltd. - Key offerings
      • Table Samvardhana Motherson International Ltd. - Segment focus
    • SL Corp.
      • Table SL Corp. - Overview
      • Table SL Corp. - Product / Service
      • Table SL Corp. - Key offerings
    • Tata Sons Pvt. Ltd.
      • Table Tata Sons Pvt. Ltd. - Overview
      • Table Tata Sons Pvt. Ltd. - Business segments
      • Table Tata Sons Pvt. Ltd. - Key offerings
      • Table Tata Sons Pvt. Ltd. - Segment focus
    • Valeo SA
      • Table Valeo SA - Overview
      • Table Valeo SA - Business segments
      • Table Valeo SA - Key news
      • Table Valeo SA - Key offerings
      • Table Valeo SA - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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