Global Safety Mirrors Strategic Business Report 2023: Dome Mirrors Emerge as the Fastest Growing Segment - Forecasts to 2030
Wednesday, November 22, 2023
DUBLIN , Nov. 14, 2023 /PRNewswire/ -- The "Safety Mirrors - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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Global Safety Mirrors Market to Reach $95.7 Million by 2030
The global market for Safety Mirrors estimated at US$65.7 Million in the year 2022, is projected to reach a revised size of US$95.7 Million by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030.
Convex Safety Mirrors, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$62.6 Million by the end of the analysis period. Growth in the Flat Safety Mirrors segment is estimated at 4.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $19.3 Million, While China is Forecast to Grow at 6% CAGR
The Safety Mirrors market in the U.S. is estimated at US$19.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$15.1 Million by the year 2030 trailing a CAGR of 6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
What`s New?
-- Special discussions on the global economic climate and market sentiment
-- Coverage on global competitiveness and key competitor percentage market
shares
-- Market presence analysis across multiple geographies -
Strong/Active/Niche/Trivial
-- Online interactive peer-to-peer collaborative bespoke updates
-- Access to digital archives and trademarked research platform
-- Complimentary updates for one year
-- Access to curated YouTube video transcripts of market sentiments shared
by CEOs, domain experts and market influencers via interviews, podcasts,
press statements and event keynotes
MARKET OVERVIEW
-- Safety Mirrors Market Faces COVID-19-Induced Disruptions
-- Impact of Supply Chain Glitches on Growth & Bottom Lines
-- Funding Shortage Due to COVID-19 Thwarts Efforts to Expedite Road
Construction Projects
-- Safety Mirrors - Global Key Competitors Percentage Market Share in 2022
(E)
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2022 (E)
-- Safety Mirrors: A Prelude
-- Convex Mirrors Dominate the Market
-- Dome Mirrors: The Fastest Growing Segment
-- Insight into Materials Used in Safety Mirrors
-- Materials Used in Safety Mirror Lenses and Their Attributes
-- Materials Used in Safety Mirror Backings and Their Attributes
-- Recent Market Activity
-- World Brands
MARKET TRENDS & DRIVERS
-- Rise in Number of Road Accidents and Need for Proper Road Safety
Measures Drive Demand for Safety Mirrors
-- Global Breakdown of Number of Vehicles Registered by High-Income,
Middle-Income and Low Income Countries
-- Global Breakdown of Deaths for Road Accidents by High-Income,
Middle-Income and Low Income Countries
-- Crash Type at Intersection
-- World Observes a Dip in Road Traffic Collisions amid COVID-19
-- While Extreme Weather Conditions Propel Demand for Weatherproof Safety
Mirrors, Market Gains Strength from Innovative Product Launches
-- Advanced Frost-Free Mirrors Set to Maintain Presence Going Forward for
Traffic Safety
-- Flat Versus Convex Safety Mirrors: Applications, Upsides & Downsides
-- Growing Focus on Preventing Accidents in Parking Lots Drive Installation
of Safety Mirrors
-- Retail Security Mirrors Grab Attention to Combat Shoplifting Menace
-- Number of Shoplifting Incidents in the US: 2020
-- Average Dollar Loss Per Shoplifting Incident in the US: 2014 - 2020
-- Ceiling Dome Mirrors: A Commonly Used Safety Measure
-- Convex Security Mirrors Emerge as a Vital Part of Surveillance Continuum
in Hospitals
-- With Cycling Growing in Popularity Need for Safety Mirrors at Traffic
Junctions Gains Traction
-- Distribution of Bicycle and Other Vehicle Crash Situations
-- Cyclist Casualties Reported in the UK, 2019
-- Top Countries with Bicycles Per Capita
-- Bicycle and E-bike Sales in Europe in Million Units: 2016-2030
-- Growing Emphasis on Worker Safety in Factory Environments Bodes Well for
Safety Mirrors
-- Steady Rise in Number of Fatal Workplace Injuries Augments Demand for
Safety Solutions such as Safety Mirrors: Total Number of Fatal Workplace
Injuries (In 1,000s) in the US for the Years 2015, 2016, 2017, 2018 &
2019
-- Collision Risk at Warehouses Boost Installation of Safety Mirrors
-- Search & Inspection Mirrors Central to New Era of Security & Safety
Operations
-- Blind Spot Mirrors: Vigilant Eyes for Blind Spots to Improve Driver
Safety
FOCUS ON SELECT PLAYERS (Total 95 Featured)
-- Peterson Manufacturing Company
-- Bright Pancar Sdn Bhd
-- PAN Taiwan Enterprise Co., Ltd.
-- GrayGlass Company
-- Se-Kure Controls, Inc.
-- Shiva Industries
-- Accuform
-- Emedco.com
-- Roadtech Manufacturing
-- Securikey Ltd.
-- Frontier Polymers Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/1or612
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