China Car Rear View Mirror Industry OEM Demand at 91.22 Million by 2017

DALLAS, November 27, 2014 /PRNewswire/ --

ReportsnReports.com adds China Car Rearview Mirror Industry Report, 2014-2017 market research of 105 pages to the automotive market intelligence and data collection of its library. Car rear-view mirror functions as a safety part that affects driving vision and a decorative part that beautifies car body. According to mounting position, car rear-view mirror can be divided into exterior rear-view mirror, downward rear-view mirror and interior rear-view mirror. Sedans and light commercial vehicles are generally installed with exterior and interior rear-view mirrors, while large commercial vehicles carry all types. Complete report is available at http://www.reportsnreports.com/reports/319020-china-car-rearview-mirror-industry-report-2014-2017.html .

China's market demand for OEM rear-view mirrors totaled 65.83 million in 2013, rising 14.88% on a year-on-year basis. Driven by the burgeoning domestic automobile market, car rear-view mirror market will continue to expand, and the Chinese car rear-view mirror OEM market demand is expected to reach 91.22 million by 2017, with exterior, interior and downward rear-view mirrors to represent 65.69%, 32.84% and 1.47%, respectively.

The electrical control function has been widely applied in car rear-view mirrors in China so far. In Jan.-Sept. of 2014, the configuration rate of exterior power rear-view mirrors in the Chinese passenger vehicle market reached as high as 84.35%, and other extras also found increasing utilization. Meanwhile, the penetration rate of folding rear-view mirror and memory rear-view mirror in the Chinese passenger vehicle market improved by 1.87 percentage points and 0.3 percentage points year on year, to 24% and 4.95%, respectively, and that of exterior and interior auto-dimming rear-view mirrors attained 15.51% and 2.95%, up 1.06 percentage points and 0.21 percentage points respectively from a year earlier. Rear-view mirrors in China will see more diversified functions along with the general trend of automobile electronization.

The Chinese rear-view mirror market is less concentrated, with foreign and local companies occupying a certain market share, of which the former ones are more competitive. Companies profiled in this research include Magna, Murakami Kaimeido, Motherson Sumi Systems (MSSL), Gentex, Ichikoh, Ficosa, Changchun Faway Automobile Components Co., Ltd, Ningbo Joyson Electronic Corp., Beijing GoldRare Automobile Parts Co., Ltd., Guangdong Donnelly Zhenhua Automotive System Co., Ltd., FLABEG Automotive Mirror (Shanghai) Co., Ltd., Shanghai Ganxiang Automobile Mirror Industry Co., Ltd., Jiangmen Shongli Rearview Mirror Industrial Co., Ltd., Shanghai Mekra Lang Vehicle Mirror Co., Ltd., Shanghai Yingtian Automobile Parts & Accessories Co., Ltd., Jiangsu Tianhe Auto Parts Co., Ltd., Shanghai Real Industrial Co., Ltd., Wenzhou Meixinghua Car & Mirror Co. Ltd. and Danyang Feixiang Auto Parts Co., Ltd. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=319020 .

Among local companies, Shanghai Ganxiang Automobile Mirror (Group) (GAM Group), Jiangmen Shongli Rearview Mirror Industrial Co., Ltd., Ningbo Joyson Electronic Corp. (Joyson Electronics) and Beijing GoldRare Automobile Parts Co., Ltd. are relatively large, of which GAM (Group), which has started providing rear-view mirrors for Shanghai Volkswagen's Santana from 1988, has a vast product line covering multi-level industrial chains e.g. injection molding, spraying, die casting, mirror driver and rear-view mirror wiring harness. Joyson Electronics (600699.SH) has two rear-view mirror subsidiaries, both located in Shanghai, serving mainly Shanghai Volkswagen, Shanghai General Motors, etc.

Headquartered in Ontario, Canada, Magna International Inc is not only a major global supplier of auto parts but also one of the dominating rear-view mirror manufacturers in China. Regarding car rear-view mirror business, Magna has four production bases in China, separately located in Changchun (Jilin), Shanghai, Shunde (Guangdong) and Taicang (Jiangsu). Its main customers include FAW-Volkswagen, Shanghai Volkswagen, Shanghai GM, Dongfeng Peugeot Citroen Automobile Company LTD, Tianjin FAW Toyota Motor Co. and Chang'an Ford, taking a leading position in domestic rear-view mirror market.

China Car Rear-view Mirror Industry Report, 2014-2017 has 7 chapters and 82 charts, providing an overview of car rear-view mirror industry (covering definition, classification and relevant policies); Care rear-view mirror market (including market size, competitive landscape and supporting); Car rear-view mirror market segments (such as power rear-view mirror and memory rear-view mirror); China's rear-view mirror import and export (containing volume, value and average prices) and data and information on operation of 13 Chinese and 6 foreign rear-view mirror manufacturers (including profile, financial indexes, rear-view mirror output and sales volume).

The Global Automotive Auto Dimming Mirrors market is forecast to grow at a CAGR of 9.89% over the period 2014-2018. The Global Automotive Auto Dimming Mirrors Market 2014-2018 research report of 44 pages considers revenue generated through the sales of dimming mirrors to calculate market size. It presents the vendor landscape and a corresponding detailed analysis of the leading four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Global Automotive Auto Dimming Mirrors market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market. This research has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Automotive Auto Dimming Mirrors market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Companies like Gentex Corp., Magna International, Inc., Murakami Corp., Samvardhana Motherson Group, FLABEG Holding GmbH, Honda Lock Manufacturing Co. Ltd., Metagal Industria e Comercio Ltd. and Tokai Rika Co., Ltd. are discussed in this research available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=291327 .

Explore more reports on the automotive market at http://www.reportsnreports.com/market-research/automotive/ .

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