Rear-View Mirror Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

Dublin, Jan. 22, 2026 (GLOBE NEWSWIRE) — The “Rear-View Mirror Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031” has been added to ResearchAndMarkets.com’s offering.

The Global Rear-View Mirror Market is projected to expand from USD 4.11 Billion in 2025 to USD 5.92 Billion by 2031, reflecting a compound annual growth rate of 6.27%.

This industry covers the production and supply of optical devices and camera-based monitoring systems designed to offer drivers unobstructed views of the rear and side areas, thereby facilitating safe maneuvering and lane management. Key factors driving this market include the steady rise in global vehicle manufacturing rates and the implementation of rigorous government safety mandates that require specific fields of view for both passenger and commercial vehicles. Additionally, growing consumer prioritization of vehicle safety standards is prompting manufacturers to incorporate durable and compliant visibility aids across all vehicle segments, establishing a solid foundation for market growth independent of fleeting technological trends.

However, a major obstacle hindering broader market development is the rising cost and technical complexity associated with replacing traditional glass mirrors with advanced electronic camera monitoring systems, which face regulatory barriers and higher price points in budget-conscious regions. This sensitivity to cost is particularly critical given the massive scale of supply required. According to the International Organization of Motor Vehicle Manufacturers (OICA), global motor vehicle production reached 92.5 million units in 2024. This substantial volume highlights the essential need for cost-effective safety solutions, as any increase in component pricing directly impacts the profitability of mass-market vehicle production.

Market Drivers

Technological innovations in smart and digital mirror solutions are fundamentally reshaping the market by shifting rear-view systems from simple optical glass to intelligent, video-based monitoring platforms. This transformation is most evident in the rapid adoption of Camera Monitoring Systems (CMS) and Full Display Mirrors (FDM), which use rear-mounted cameras to stream clear video feeds to a digital display embedded within the mirror housing.

These advanced systems resolve critical visibility issues caused by passengers or cargo while enhancing safety in low-light conditions, thereby boosting unit value. For instance, Gentex Corporation reported in its January 2024 financial results a significant 45% year-over-year increase in Full Display Mirror unit shipments, reaching a record 2.44 million units in 2023. This surge in digital unit volume underscores the aggressive pace at which automotive OEMs are replacing traditional prismatic mirrors with electronic alternatives to meet consumer demand for high-tech cockpit features.

Concurrently, the growing integration of Advanced Driver-Assistance Systems (ADAS) is compelling manufacturers to evolve mirrors into sophisticated sensor hubs essential for regulatory compliance. Modern mirror assemblies are increasingly engineered to house surround-view cameras, blind-spot detection indicators, and other active safety sensors without compromising aerodynamic efficiency.

This convergence of visibility and autonomous technology has made the sector a key revenue driver within the broader automotive electronics landscape. As noted in Valeo’s February 2024 press release, its Comfort and Driving Assistance Systems division represented 21.1% of the group’s €22 billion in total sales, highlighting the lucrative nature of active safety integration. Despite this shift toward complex electronics, the demand for core visibility solutions remains immense; Gentex Corporation shipped nearly 50.6 million interior auto-dimming mirrors the previous year, demonstrating the massive foundational scale of the market upon which these advanced features are being built.

Market Challenges

The escalating cost and technical complexity associated with electronic camera monitoring systems present a significant barrier to broader market expansion. Although these advanced systems offer functional benefits, their integration necessitates expensive digital components, sensors, and displays that create a steep price disparity compared to traditional glass mirrors. This financial burden is particularly prohibitive in the commercial sector and price-sensitive regions, where buyers prioritize low total cost of ownership over optional electronic features. Consequently, manufacturers often hesitate to standardize these systems across high-volume economy models, restricting their adoption primarily to premium segments.

This economic constraint is clearly reflected in the robust demand for standard utility vehicles that utilize cost-effective components. According to the European Automobile Manufacturers’ Association (ACEA), new commercial van registrations in the European Union reached approximately 1.6 million units in 2024. The continued reliance on these mass-market vehicles demonstrates how cost pressures impede the shift toward higher-value electronic assemblies, as the additional expense of camera monitoring systems remains difficult to justify for widespread commercial fleets.

Market Trends

The proliferation of Embedded Driver Monitoring Systems (DMS) for distraction and fatigue detection is emerging as a critical trend, driven by stringent safety regulations such as the European General Safety Regulation (GSR). Unlike exterior-facing sensors, these systems utilize high-definition cameras integrated into the interior rear-view mirror housing to analyze the driver’s gaze, eyelid movement, and head position, identifying signs of drowsiness or inattention without cluttering the dashboard. This location offers an optimal, unobstructed line of sight to the driver’s face while maintaining the cabin’s aesthetic integrity. Highlighting the industrial scale of this vision technology, Ficosa announced in December 2025 that it reached a production milestone of over 33,000 cameras daily during the 2024 fiscal year, a volume significantly bolstered by the rising demand for In-Cabin Monitoring systems designed to reinforce road safety.

Simultaneously, the market is witnessing the Convergence of Mirror Functions with Connected Vehicle Infotainment Ecosystems, transforming the rear-view mirror into a central interface for IoT and Vehicle-to-Home (V2H) connectivity. Manufacturers are embedding cloud-based control modules within the mirror assembly, allowing drivers to operate smart home devices, security systems, and garage doors directly from the vehicle interface. This shift moves the mirror’s value proposition beyond simple visibility to becoming an active node in the user’s digital life. Validating the widespread adoption of this connectivity, Gentex Corporation reported in January 2025 that there are now an estimated 110 million HomeLink-equipped vehicles on the road, demonstrating the extensive reach of these integrated car-to-home automation technologies.

Key Players Profiled in the Rear-View Mirror Market:

• Gentex Corporation
• Motherson Group
• Magna International Inc.
• FICOSA Group
• ICHIKOH INDUSTRIES, LTD.
• Tokai Rika Co., Ltd.
• SL Corporation
• FLABEG Automotive Glass Group GmbH
• Marelli Holdings Co., Ltd.
• Murakami Corporation

Report Scope

Rear-View Mirror Market, by Vehicle Type:

• Passenger Cars
• Commercial Vehicle

Rear-View Mirror Market, by Product Type:

• Exterior Mirror
• Interior Mirror

Rear-View Mirror Market, by Feature Type:

• Auto dimming
• BSD
• Power Control
• Automatic Foldable
• Heated
• Indicator

Rear-View Mirror Market, by Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Key Attributes:

For more information about this report visit https://www.researchandmarkets.com/r/541tgq

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