| Product Code: ETC355884 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s rear-view mirror import shipments in 2024 saw a significant increase in concentration, with the top exporting countries being USA, China, Thailand, South Korea, and Japan. The Herfindahl-Hirschman Index (HHI) indicated very high concentration levels, highlighting the dominance of these key players in the market. The impressive compound annual growth rate (CAGR) of 20.39% from 2020 to 2024 reflects a strong upward trend in imports. Moreover, the growth rate of 9.35% from 2023 to 2024 suggests continued expansion and opportunities for further market development in the rear-view mirror segment in India.

The India rearview mirror market has been witnessing consistent growth over the years. In 2025, the market size was estimated to be around USD 401 million. The market is expected to continue growing at a CAGR of approximately 7% to 8% in the years to come. The market has become one of the most significant markets in the country and it will continue to grow well.
The rear view mirror market in India is experiencing significant growth due to the rising automotive industry. As vehicle production and sales continue to increase, the demand for rear view mirrors has surged. Additionally, government regulations mandating the installation of rear view mirrors in all vehicles for safety purposes have further accelerated the market growth. The growing awareness among consumers about road safety and the importance of rear view mirrors in preventing accidents has also contributed to the market expansion. Moreover, the incorporation of advanced features such as auto-dimming, integrated cameras, and blind-spot detection in rear view mirrors has attracted consumers, driving the market forward.
The rear view mirror market in India is witnessing substantial growth primarily driven by the booming automotive industry. As vehicle production and sales continue to rise, the demand for rear view mirrors has surged significantly. Government regulations mandating the installation of rear view mirrors in all vehicles for safety purposes have further accelerated market growth. The growing awareness among consumers about road safety and the importance of rear view mirrors in preventing accidents has also contributed to the market expansion. Moreover, the incorporation of advanced features such as auto-dimming, integrated cameras, and blind-spot detection in rear view mirrors has attracted consumers, further driving the market forward.
The rear view mirror market in India experienced a significant downturn during the COVID-19 pandemic. The automotive industry, including vehicle production and sales, faced a severe setback due to the lockdowns and travel restrictions. With people staying indoors and economic uncertainty, consumers postponed purchasing new vehicles, directly impacting the demand for rear view mirrors. The closure of automobile manufacturing plants and disruptions in supply chains further exacerbated the challenges. However, as the situation improved and restrictions were lifted, the automotive industry started witnessing a gradual recovery. The market for rear view mirrors also picked up pace as consumers began returning to car showrooms. Additionally, the growing emphasis on road safety and the need for advanced safety features in vehicles post-pandemic contributed to the market`s revival. The incorporation of technologies like blind-spot detection and integrated cameras in rear view mirrors gained traction, driving market growth in the recovery phase.
The India rear view mirror market features several key players, including Motherson Sumi Systems Ltd, Magna International Inc., Samvardhana Motherson Reflectec, Ichikoh India Private Limited, and Ficosa India Pvt Ltd. These companies are leading manufacturers of rear view mirrors for automotive applications. They leverage advanced technologies and innovative designs to provide high-quality, safe, and efficient rear view mirror solutions. With a strong focus on research and development, these key players continuously introduce new features such as auto-dimming, integrated cameras, and blind-spot detection in their rear view mirrors, catering to the evolving demands of the India automotive industry.