The automotive and transportation industry is characterized by constant innovation in the integration of various advanced technologies aimed at increasing the convenience and safety of consumers and goods. Industry participants range from raw material suppliers, automotive OEMs, distributors and assemblers to aftermarket players providing a wide range of products and technologies for light commercial vehicles, HCV vehicles.
How important is the automotive towing mirror (ATTM)?
The growing demand for towable recreational vehicles is expected to present significant growth opportunities throughout the forecast period.
RVs are specially designed for fun and recreational activities like camping and sightseeing. These vehicles are incorporated with facilities such as toilets, bathrooms, kitchen, bedrooms and other customizable amenities that provide increased comfort to users while camping or traveling. In addition, supportive government policies, growing popularity of recreational vehicles, and a positive business environment will also help boost the demand for recreational vehicles significantly. For example, initiatives to regulate the quality standards of RVs by the Recreation Vehicle Industry Association (RVIA) and tax deductions by the Internal Revenue Service in the United States have led to increased consumer inclination towards these automobiles. The increased demand for recreational vehicles due to these factors will provide significant growth prospects for the automotive trailer mirrors market.
The research is derived from primary and secondary statistical sources and includes qualitative and quantitative details.
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Some of the main actors described in the study are K Source, Samvardhana Motherson, ISP Glendale, Milenco, Power Vision, CARiD.com and Ford Motor Company
Incorporating cameras to cover blind spots is one of the next generation trends that is gaining popularity in the industry.
Automobile trailer towing mirrors find important applications for improving blind spot monitoring through the incorporation of cameras. The system basically requires three cameras, one at the rear of the trailer and the other two as side view cameras. Side cameras are integrated into the side mirrors to improve visibility of the vehicle for the driver, showing the side view of the center display when it is on. These cameras are connected to the trailer light for power and transmit the image wirelessly. This innovative breakthrough is expected to increase the growth of the ATTM market over the next few years.
Automotive towing mirrors (ATTM) market taxonomy:
On the basis of vehicles, the global automotive trailer mirrors market is categorized into:
- Towable RVs
- Travel trailers
- Folding camping trailers
- Fifth-wheel trailers
- Campus Trunk
- Truck trailer
- Flatbed trailers
- Walking platform
- Dry van
- Low Boy and others
Frequently Asked Questions (FAQ):
Is the automotive towing mirrors (ATTM) market booming in the near future?
Who are the major automotive towing mirrors (ATTM) market players across the world? Can I add a specific company?
Yes you can add Specific company up to 3 Companies.
Companies covered in this study include: K Source, Samvardhana Motherson, ISP Glendale, Milenco, Power Vision, CARiD.com and Ford Motor Company,
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