0

Global Automotive Trailer Tow Mirror (ATTM) Market 2017-2021

  • Published: Apr 2017
  • Pages: 70
  • SKU: IRTNTR12493
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

This market research report identifies suppliers like Samvardhana Motherson, K Source, Milenco, and ISP Glendale to be the key vendors in the global ATTM market. It also presents a detailed segmentation of the global market by vehicle type (towable RVs and pickup trucks) and by geography (North America and ROW).

Overview of the global automotive trailer tow mirror (ATTM) market

Technavio’s market research analyst predicts the global automotive trailer tow mirror (ATTM) market to grow steadily at a CAGR of around 12% by 2021. One of the primary drivers for this market is the growth of towable RVs market impacting the growth of towing mirrors. Towable RVs are automobiles that are designed for recreation or pleasure activities such as vacations and camping. Towable RVs have facilities such as sleeping room, kitchen, and bathroom facilities for use during travel and camping. The positive business environment and favorable regulatory policies are expected to contribute to the growth of the market for towable RVs across the world. Moreover, favorable IRS tax deductions also contribute to the growth of the RV market in North America. This increase in the popularity of towable RVs is expected to propel growth in the global ATTM market during the forecast period.

One of the latest trends gaining traction in this market is the integration of cameras to cover blind spots. Towable mirrors find more applications when they get integrated with cameras to avoid the blind spots. The system consists of three cameras, two side view and one on the rear side of the trailer customer side. The side cameras are integrated into the side mirror that helps in improving the side vision of the vehicle. When the system is turned on, the system displays the side view of the central screen. Also, this camera is also connected to the trailer light for the power and helps in transmitting the image wirelessly to the display.  This rise in the innovation of the towable mirrors is expected to augment growth in the ATTM market in the coming years. 

Competitive landscape and key vendors

The ATTM market is highly fragmented due to the presence of several international and regional vendors holding market shares across the globe. Also, the aftermarket players account for a huge portion of the market, as they are offering many additional features such as cargo lamps and cameras. To compete in this environment, an increasing number of companies are following strategies such as mergers and acquisitions.

Leading vendors in the market are –

  • Samvardhana Motherson
  • K Source
  • Milenco
  • ISP Glendale

Other prominent vendors in the ATTM market include CARiD.com, Ford Motor Company, and Power Vision.

Segmentation by vehicle type and analysis of the ATTM market

  • Towable RVs
  • Pickup trucks

During 2016, the pickup trucks segment dominated the ATTM market and accounted for a major part of the overall market share. The implementation of the use of towing mirrors by certain agencies such as the National Highway Traffic Safety Administration (NHTSA) and the European commission is the key contributor to the dominance of this segment in the global market.

Geographical segmentation and analysis of the ATTM market

  • North America
  • ROW

In this market study, analysts have estimated North America to dominate the ATTM market during the forecast period. Factors such as the change in lifestyle and living pattern have impelled the demand for travel trailers in this region, this, in turn, is expected to drive the ATTM market in the North America during the next four years.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global ATTM market?
  • What are the key market trends impacting the growth of the global ATTM market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global ATTM market?
  • What are the market opportunities and threats faced by the vendors in the global ATTM market?
  • Trending factors influencing the market shares of North America and ROW.
  • What are the key outcomes of the five forces analysis of the global ATTM market? 

Technavio also offers customization on reports based on specific client requirement.

Table of Contents

PART 01: Executive summary

PART 02: Scope of  the report

PART 03: Research Methodology

PART 04: Introduction

  • Key market highlights
  • Overview:
  • Mechanism behind the towing mirror

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Product life cycle
  • Five forces analysis

PART 06: Market segmentation by vehicle type

  • Towing mirrors in pickup trucks
  • Market size and forecast
  • Towing mirrors in towable RVs
  • Market size and forecast

PART 07: Geographical segmentation

  • Global ATTM by geography
  • North America
  • ROW
  • Market size and forecast

PART 08: Decision framework

PART 09: Drivers and challenges

  • Market drivers
  • Market challenges

PART 10: Market trends

  • Integration with cameras to cover blind spot
  • Electronically controlled features adding advantage to the towing mirror
  • Dual mirrors increasing safety features

PART 11: Vendor landscape

  • Other prominent vendors

PART 12: Key vendor analysis

  • Samvardhana Motherson
  • K Source
  • Milenco
  • ISP Glendale

PART 13: Appendix

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>