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Report Overview

The global automotive electrically adjustable outside smart rear view mirror (ORVM) market is expected to grow at a CAGR of 7.20% between 2026 and 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

7.2%

2026-2035


*this image is indicative*

Key Trends in the Market 

A rear view mirror is a flat mirror used in automobiles and other vehicles, structured to let the driver see backward through the rear window (rear windshield) of the vehicle. It is designed to help the driver in manoeuvring the vehicle safely.

automotive electrically adjustable orvm market

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  • An increase in the usage of technological innovations for safety like folding electric ORVM is expected to drive the automotive electrically adjustable outside smart rear view mirror (ORVM) market growth across the globe.
  • The automotive electrically adjustable outside smart rear view mirror helps in reducing the risk of visibility hindrance produced by snow, rain, or ice build-up on the exterior surface. This is likely to influence the market demand among consumers, particularly in regions with excessive snow or rainfall.
  • The increasing passenger vehicle production coupled with the growing awareness regarding shared mobility is expected to fuel the market growth during the forecast period.

Market Segmentation

Global Automotive Electrically Adjustable Outside Smart Rear View Mirror (ORVM) Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:

Breakup by Feature Type

  • Auto-Dimming
  • Blind Spot Indicator
  • Automatic Folding
  • Heating Function
  • Others

Breakup by Powertrain Type

  • IEC Engine
  • Electric

Breakup by Vehicle Type

  • Passenger Car
  • Commercial Vehicle

Breakup by Distribution Channels

  • OEM
  • Aftermarket

Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

automotive electrically adjustable orvm market by segments

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Market Share by Vehicle type

The passenger car segment is expected to gain momentum in the automotive electrically adjustable outside smart rear view mirror (ORVM) market across the globe due to the increasing production of passenger vehicles. Going further, the increasing concerns linked to the safety of drivers as well as passengers in case of accidents are further expected to bolster the segment growth in the market during the forecast period.

Market Share by Region

Geographically, the North American region is augmenting the automotive electrically adjustable outside smart rear view mirror (ORVM) market share on account of the surging demand for luxury cars coupled with the increasing automotive industry among emerging economies. The rise in high safety standards along with growing governmental regulations regarding road safety to decrease accidents is expected to propel the market growth in the region.

Competitive Landscape 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global automotive electrically adjustable outside smart rear view mirror (ORVM) market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

Gentex Corporation

Gentex Corporation is a foremost technology company proficient in a broad variety of core competencies that produce a distinctive combination of technologies. The company manufactures and develops custom high-tech electronic products for the aerospace, commercial, and automotive fire protection industries.

Ficosa Internacional SA

Ficosa Internacional SA is a top-grade supplier dedicated to the development, research, marketing, and manufacturing of advanced technology vision, connectivity, safety, and efficiency systems across the globe for the motor and mobility industry. Its aim is to contribute to the world through dedication to technological innovation, energy efficiency, and human values.

Magna International Inc

Magna International Inc is a mobility technology corporation. It provides modular solutions for vehicle systems and parts, as well as full vehicle assembly. It deals its manufactured goods to original equipment producers of light trucks and cars.

SL Corporation

SL Corporation is a leading auto parts company that specialises in automobile headlamp production. The company focuses on the future of technology for automobile electronics and modularisation. It is a leading auto parts company with quality and advanced technology.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other market players include Murakami Corporation, Ichikoh Industries, Ltd., Honda Lock Co.,Ltd., SMR Deutschland GmbH, Tokairika,Co, Ltd., and Motherson Group, among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is assessed to grow at a CAGR of 7.20% between 2026 and 2035.

The major market drivers are the increasing disposable income, growing automotive industry, and rising demand for passenger vehicles.

The key market trends include rapid technological advancements and increasing adoption of smart outer rear view mirrors.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various feature types include auto-dimming, blind spot indicator, automatic folding, and heating function, among others.

The different powertrain types in the market are the IEC engine and electric.

The different vehicle types in the market include passenger cars and commercial vehicles.

The primary distribution channels are OEM and aftermarket.

The major players in the automotive electrically adjustable outside smart rear view mirror (ORVM) market are Gentex Corporation, Ficosa Internacional SA, Magna International Inc, SL Corporation, Murakami Corporation, Ichikoh Industries, Ltd., Honda Lock Co.,Ltd., SMR Deutschland GmbH, and Tokairika,Co, Ltd., and Motherson Group, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Feature Type
  • Powertrain Type
  • Vehicle Type
  • Distribution Channels
  • Region
Breakup by Feature Type
  • Auto-Dimming
  • Blind Spot Indicator
  • Automatic Folding
  • Heating Function
  • Others
Breakup by Powertrain Type
  • IEC Engine
  • Electric
Breakup by Vehicle Type
  • Passenger Car
  • Commercial Vehicle
Breakup by Distribution Channels
  • OEM
  • Aftermarket
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Gentex Corporation
  • Ficosa Internacional SA
  • Magna International Inc
  • SL Corporation
  • Murakami Corporation
  • Ichikoh Industries, Ltd.
  • Honda Lock Co.,Ltd.
  • SMR Deutschland GmbH
  • Tokairika,Co, Ltd.
  • Motherson Group
  • Others

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