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Automotive Electric Side View Mirror Market size is set to grow by USD 9.10 billion from 2024-2028, Increasing preference for safe and convenient features in vehicles boost the market, Technavio

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NEW YORK, June 13, 2024 /PRNewswire/ — The global automotive electric side view mirror market size is estimated to grow by USD 9.10 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  10.76%  during the forecast period. Increasing preference for safe and convenient features in vehicles is driving market growth, with a trend towards emergence of surround-view mirror systems. However, stringent government regulations regarding automotive mirrors  poses a challenge. Key market players include BEEKAY AUTOMOTIVES, Fiem Industries Ltd., Gentex Corp., INMESA, Magna International Inc., MEKRA Lang GmbH and Co. KG, MinebeaMitsumi Inc., Mitsuba Corp., Murakami Corp., Panasonic Holdings Corp., Prakant Electronics Pvt. Ltd., Rosco Inc., Sakae Riken Kogyo Co. Ltd., Samsung Electronics Co. Ltd., Samvardhana Motherson International Ltd., Schaeffler AG, SL Corp., Stoneridge Inc., Tokai Rika Co. Ltd., and Valeo SA.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Automotive Electric Side View Mirror Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 10.76%

Market growth 2024-2028

USD 9.10 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

9.92

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 61%

Key countries

US, China, Japan, South Korea, and Germany

Key companies profiled

BEEKAY AUTOMOTIVES, Fiem Industries Ltd., Gentex Corp., INMESA, Magna International Inc., MEKRA Lang GmbH and Co. KG, MinebeaMitsumi Inc., Mitsuba Corp., Murakami Corp., Panasonic Holdings Corp., Prakant Electronics Pvt. Ltd., Rosco Inc., Sakae Riken Kogyo Co. Ltd., Samsung Electronics Co. Ltd., Samvardhana Motherson International Ltd., Schaeffler AG, SL Corp., Stoneridge Inc., Tokai Rika Co. Ltd., and Valeo SA

Market Driver

The automotive electric side view mirror market is experiencing significant growth due to the adoption of surround-view mirror systems. These systems, which use multiple cameras to provide a 360-degree view around the vehicle, are becoming increasingly popular. They offer drivers improved visibility and accuracy in identifying nearby obstacles or vehicles, thanks to integrated sonar technologies. Magna International’s new 3D Surround View System is a prime example, featuring high-resolution cameras and advanced electronic control units. The resulting 3D surround-view image enhances comfort and convenience, making parking easier in tight spaces. This technology’s ability to combine and process multiple camera inputs is a key trend driving market expansion. 

The Automotive Electric Side View Mirror market is experiencing significant growth due to the increasing demand for advanced technology in vehicles. Comfort and convenience are key factors driving this trend. The use of cameras and displays in place of traditional mirrors is becoming common. These features provide a wider viewing angle and improve safety during night driving. Additionally, the integration of these mirrors with vehicle control systems enhances the overall driving experience. The market for automotive electric side view mirrors is expected to continue growing in the coming years. Camera technology, vehicle connectivity, and safety features are expected to be the major trends shaping the market. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         The global automotive electric side view mirror market faces challenges due to varying regulations. In the US, most states mandate side view mirrors, increasing production costs for electric versions. Technological advancements outpace regulatory systems, restricting vehicle manufacturers from using certain technologies in certain countries. For instance, South Korea only allows imported vehicles to have electric side view mirrors. Ineconsistencies in regulations across the US and Europe limit the market reach of vehicles equipped with electric side view mirrors, negatively impacting sales. To drive growth, regulatory bodies must update certification procedures and testing methodologies.

•         The Automotive Electric Side View Mirror market faces several challenges. Components such as vehicles’ electronic control units (ECUs), sensors, and microcontrollers require precise calibration for optimal mirror adjustment and image quality. The integration of advanced features like Bluetooth connectivity, vehicle identification, and memory functions adds complexity to the design and manufacturing process. Additionally, the increasing demand for fuel efficiency and lightweight materials puts pressure on manufacturers to reduce the weight and power consumption of electric side view mirrors.

•         The use of new technologies like camera-based systems and advanced driver assistance systems (ADAS) also presents challenges in terms of cost, reliability, and regulatory compliance. Overall, the market requires continuous innovation and improvement to meet consumer expectations and regulatory requirements.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

Application 1.1 Passenger cars1.2 Commercial vehiclesType 2.1 Memory storage2.2 Foldable2.3 HeatableGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Passenger cars-  The automotive electric side view mirror market in the passenger vehicles segment is projected to grow significantly during the forecast period. With the increasing production of passenger cars globally, particularly in emerging markets like India, the demand for electric side view mirrors is rising. Advanced features such as cameras, heated mirrors, puddle lamps, and auto fold function are driving sales in this segment. However, the introduction of camera-based outside rearview mirror systems is a potential threat to the market growth. Despite this, the CAGR of the Indian passenger automobile market is projected to be over 9%, indicating a promising future for the electric side view mirror market in this region.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Automotive Electric Side View Mirror Market is advancing with technologies like Auto-Dimming, Blind Spot Indicators, and Automatic Folding mirrors, enhancing safety and convenience in both Passenger Cars and Commercial Vehicles. Incorporating Memory Storage, Foldable, and Heatable Mirrors, these components feature a robust design with a wedge-shaped back surface.

Innovations such as Camera-based side mirrors provide 360-degree viewing and Night Vision Assistance, crucial for adverse conditions. Additionally, the integration of Automotive Rear View Mirrors and Automotive Power Window Switches underscores the industry’s commitment to comprehensive vehicular enhancements, driving significant growth in the Automotive sector.

Market Research Overview

The Automotive Electric Side View Mirror market, encompassing both the Automotive Rear View Mirror and Automotive Power Window Switch segments, is experiencing robust growth driven by the rising demand for advanced safety features and the shift towards electric solutions over manual counterparts.

Despite facing challenges like high production costs and stiff competition, the market outlook remains positive due to continuous R&D in adaptive side view mirrors and integrated electric heating technologies. This market segmentation by vehicle type, technology, and region highlights the expanding adoption across different automotive categories, promising enhanced safety and convenience for drivers worldwide.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationPassenger CarsCommercial VehiclesTypeMemory StorageFoldableHeatableGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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HelloNation Examines Medicare Advantage & Medigap Coverage Differences, Featuring Financial Advisor Ash Toumayants

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The article reviews provider access, prescription coverage, and out-of-pocket expenses when comparing Medicare Advantage and Medigap plans.

STATE COLLEGE, Pa., July 24, 2026 /PRNewswire/ — How should residents evaluate whether Medicare Advantage or Medigap coverage better fits their healthcare and financial needs? HelloNation answers this question in an article that explains the key considerations involved in choosing between Medicare Advantage and Medigap plans.

The HelloNation article features insights from Financial Advisor Ash Toumayants of Strong Tower Associates. The article explains that both Medicare Advantage and Medigap supplement Original Medicare but differ significantly in how they handle healthcare providers, prescription coverage, and overall out-of-pocket expenses.

Medicare Advantage plans are typically offered through private insurers and bundles Medicare Part A, Part B, and possibly prescription coverage into a single policy. However, Medicare Advantage plans generally operate with provider networks, meaning healthcare providers must often be selected from within the plan’s approved list.

For residents across Pennsylvania, provider access can play an important role in selecting the right plan. The article explains that individuals should review which healthcare providers are included in a Medicare Advantage network before enrolling. Plan networks may vary by county in Pennsylvania, so residents should confirm that their preferred doctors and specialists are covered.

Medigap plans, also known as Medicare Supplement Insurance, operate differently from Medicare Advantage. The article explains that Medigap works alongside Original Medicare and helps cover certain out-of-pocket expenses such as copays, coinsurance, and deductibles. Although Medigap policies generally involve higher monthly premiums, they can offer greater predictability in medical expenses.

One advantage of Medigap is flexibility in choosing healthcare providers. The article explains that individuals with Medigap coverage can typically visit any doctor or specialist who accepts Medicare nationwide. This broader provider access can be beneficial for retirees who want more freedom in choosing healthcare providers across Pennsylvania or while traveling.

Prescription coverage is another important factor in the decision process. Many Medicare Advantage plans include prescription coverage as part of their bundled benefits. In contrast, Medigap plans do not include prescription coverage, which means individuals who choose Medigap often purchase a separate Medicare Part D plan to manage medication costs.

Budget considerations also influence the decision between Medicare Advantage and Medigap. The article explains that while Medicare Advantage plans may have lower premiums, they often include copays and service limits that affect annual out-of-pocket expenses. Medigap plans generally involve higher premiums but may reduce unexpected out-of-pocket expenses throughout the year.

Travel and lifestyle habits can also affect which plan is more suitable. The article explains that Medicare Advantage plans may have limitations on out-of-network care outside their coverage area. For residents in Pennsylvania who travel frequently or spend time in multiple locations, Medigap coverage may offer greater flexibility when accessing healthcare providers.

Enrollment timing is another important consideration discussed in the article. Medicare Advantage and Medigap plans have different enrollment rules and deadlines tied to the Initial Enrollment Period or the annual Medicare Open Enrollment period. Missing these enrollment opportunities can limit plan choices or result in additional underwriting requirements.

The article concludes that choosing between Medicare Advantage and Medigap in Pennsylvania requires careful evaluation of healthcare providers, prescription coverage, travel habits, budget considerations, and potential out-of-pocket expenses. Comparing plan structures and reviewing coverage details helps individuals make informed decisions that align with their healthcare and financial priorities.

How to Decide Between Medicare Advantage & Medigap features insights from Ash Toumayants, Financial Advisor of State College, PA, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hellonation-examines-medicare-advantage–medigap-coverage-differences-featuring-financial-advisor-ash-toumayants-302829329.html

SOURCE HelloNation

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In HelloNation, Pool & Landscaping Expert Tina Possehn Wolbers Discusses What Pool Opening & Closing Services Include

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The article highlights how seasonal pool service simplifies pool maintenance and protects backyard pools year-round.

LANSING, Mich., July 24, 2026 /PRNewswire/ — What is included with pool opening and closing services, and how do they support pool ownership? The answer is explored in a HelloNation article, which features insights from Tina Possehn Wolbers of Wolbers-Possehn Pools, Ponds and Landscapes.

The HelloNation article explains that seasonal pool service plays a key role in maintaining a backyard pool throughout the year. By handling the transition between seasons, pool opening service and pool closing service make pool maintenance more manageable and allow homeowners to focus on enjoying their space.

Pool opening service marks the beginning of the swimming season. One of the first steps is removing the pool cover, which has protected the pool during colder months. The pool cover is carefully cleaned and stored, helping extend its lifespan and prepare it for future use. Once removed, the backyard pool begins to take shape as a clean and inviting environment.

Another important part of pool opening service is reconnecting and inspecting pool equipment. Pumps, filters, and circulation systems are checked to ensure they are functioning properly. This step helps restore water flow and sets the foundation for effective pool maintenance throughout the season.

Water level adjustments and water balancing are also essential components of pool opening service. Ensuring proper water levels allows systems to run efficiently, while water balancing helps create a safe and comfortable swimming environment. These steps help homeowners enjoy their backyard pool without unnecessary complications.

The article emphasizes that pool opening service and pool closing service are key components of seasonal pool service, helping simplify pool maintenance and reduce the stress of managing a pool. With a structured approach, homeowners can rely on consistent care that keeps their pool in good condition.

Pool closing service prepares the pool for colder months when it is not in use. This process includes lowering the water level to help prevent potential damage. Proper water management during pool closing service helps protect the structure and equipment over time.

Protecting plumbing lines is another critical part of pool closing service. Water is removed from pipes to prevent freezing and expansion, which could lead to damage. Taking these steps ensures that the system remains intact and ready for the next pool opening service.

Securing the pool cover completes the process. A properly fitted pool cover keeps debris out and helps maintain water quality during the off-season. It also makes the next pool opening service easier by reducing the amount of cleaning required.

Seasonal pool service provides a more predictable and low-stress experience for homeowners. Instead of handling every detail themselves, pool owners can rely on professional processes that keep their backyard pool functioning properly year after year.

Beyond maintenance, a well-cared-for backyard pool becomes a space for relaxation and connection. Whether hosting gatherings or enjoying quiet time, the pool adds value to everyday life. Pool opening service and pool closing service support that experience by keeping the pool ready when it matters most.

The HelloNation article concludes that understanding what is included in seasonal pool service helps homeowners set clear expectations and maintain their pool with confidence. With proper pool maintenance, water balancing, and use of a secure pool cover, owning a backyard pool in Lansing becomes both simple and enjoyable.

What Is Included With Pool Opening & Closing Services in Lansing? features insights from Tina Possehn Wolbers, Pool & Landscaping Expert of Lansing, MI, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-pool–landscaping-expert-tina-possehn-wolbers-discusses-what-pool-opening–closing-services-include-302829324.html

SOURCE HelloNation

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Verra Mobility Schedules Second Quarter 2026 Earnings Call

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MESA, Ariz., July 24, 2026 /PRNewswire/ — Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the second quarter ended June 30, 2026, after market close on August 5, 2026.

Verra Mobility’s Interim Chief Executive Officer, Jon Keyser, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on August 5, 2026.

A live webcast will be available on the Company’s Investor Relations website at ir.verramobility.com. To access this conference call by telephone, register here to receive dial-in numbers and a unique PIN to join the call. A replay of the call will also be made available on the Investor Relations website.

In addition, an archived webcast will be available in the “News & Events” section of Verra Mobility’s Investor Relations website at ir.verramobility.com.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility’s transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility principally operates in North America, Europe and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility’s plans, objectives, expectations, beliefs and intentions and other statements including words such as “hope,” “anticipate,” “may,” “believe,” “expect,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology. The forward-looking statements herein represent the judgment of Verra Mobility, as of the date of this release, and Verra Mobility disclaims any intent or obligation to update forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. This press release should be read in conjunction with the information included in Verra Mobility’s other press releases, reports and other filings with the SEC and on the SEC website, www.sec.gov. Understanding the information contained in these filings is important in order to fully understand Verra Mobility’s reported financial results and our business outlook for future periods. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com. We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company’s press releases, SEC filings and public conference calls and webcasts.

Media Relations:

Investor Relations:

Valerie Schneider

Mark Zindler

valerie.schneider@verramobility.com

mark.zindler@verramobility.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/verra-mobility-schedules-second-quarter-2026-earnings-call-302834170.html

SOURCE Verra Mobility

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