China Car Rearview Mirror Market Report, 2011
As an important auto part, rearview mirror can be generally divided into exterior rearview mirror, interior rearview mirror and underside rearview mirror. In recent years, along with consumers’ raised requirements on driving safety and comfortableness, new functions such as electrical control and anti-glare feature are increasingly popular in rearview mirror products. In 2011, the installation rate of electrical control exterior rearview mirror in Chinese passenger car market hit 78.63%, and that of automatic anti-glare interior and exterior rearview mirror reached 11.25% and 1.74%, respectively. In particular, their utilization rate in medium and high-end cars has come close to the global average level.
Unlike the automotive industry, Chinese government exercises a relatively loose policy on access to auto part industry for foreign companies, which gives rise to powerful foreign-funded enterprises and joint ventures and less competitive domestic brands in Chinese rearview mirror market. In 2010, among China’s Top 10 rearview mirror enterprises, four were foreign-invested and joint ventures whose sales volume together accounted for 35.05% of domestic rearview mirror market.
This report analyzes the demand for rearview mirror from OEM market, focuses on the major matching functions, the upstream product supply and the market competition structure of current domestic rearview mirror, and studies 6 main foreign rearview mirror companies and 8 key Chinese counterparts.
Magna Donnelly, a subsidiary of Magna as one of the three largest auto part suppliers around the globe, is one of the world’s key rearview mirror manufacturers and has 27 manufacturing plants and production bases in the world, with three production bases located in Shanghai, Shunde of Guangzhou, and Changchun of Jilin. Presently, Magna Donnelly provides supporting rearview mirrors for automakers like FAW-Volkswagen, Shanghai Volkswagen, Shanghai GM, Dongfeng Peugeot Citroen Automobile, Tianjin Toyota, Chang’an Ford, Guangzhou Fengshen and Shenyang Zhonghua. In 2010, the sales volume of rearview mirrors produced in Shanghai and Shunde production bases totaled 8.97 million.
FLABEG Automotive Mirrors (Shanghai) Co., Ltd. is a wholly-invested enterprise of German FLABEG Group in China, as well as the largest manufacturer of automotive rearview mirrors in China. The company’s products are mainly for exports, with export volume accounting for more than 90% of the total output. The products are exported to Europe, South America, Australia, Japan and South Asia. In 2010, the sales volume of the company’s rearview mirrors amounted to 12.71 million.
Shanghai Ganxiang Automobile Mirror Industry Co., Ltd. is China’s largest automotive rearview mirror producer, one of the first batch of export-oriented enterprises approved by Ministry of Commerce, and also the company participating in drafting National Standards for Automotive Rearview Mirror GB15084 and Industry Standards for Automotive Rearview Mirror QC / T 531. Currently, the company provides supporting rearview mirrors for over 10 models of domestic passenger cars and commercial vehicles of FAW-Volkswagen, Shanghai Volkswagen and FAW Jiefang.
Unlike the automotive industry, Chinese government exercises a relatively loose policy on access to auto part industry for foreign companies, which gives rise to powerful foreign-funded enterprises and joint ventures and less competitive domestic brands in Chinese rearview mirror market. In 2010, among China’s Top 10 rearview mirror enterprises, four were foreign-invested and joint ventures whose sales volume together accounted for 35.05% of domestic rearview mirror market.
This report analyzes the demand for rearview mirror from OEM market, focuses on the major matching functions, the upstream product supply and the market competition structure of current domestic rearview mirror, and studies 6 main foreign rearview mirror companies and 8 key Chinese counterparts.
Magna Donnelly, a subsidiary of Magna as one of the three largest auto part suppliers around the globe, is one of the world’s key rearview mirror manufacturers and has 27 manufacturing plants and production bases in the world, with three production bases located in Shanghai, Shunde of Guangzhou, and Changchun of Jilin. Presently, Magna Donnelly provides supporting rearview mirrors for automakers like FAW-Volkswagen, Shanghai Volkswagen, Shanghai GM, Dongfeng Peugeot Citroen Automobile, Tianjin Toyota, Chang’an Ford, Guangzhou Fengshen and Shenyang Zhonghua. In 2010, the sales volume of rearview mirrors produced in Shanghai and Shunde production bases totaled 8.97 million.
FLABEG Automotive Mirrors (Shanghai) Co., Ltd. is a wholly-invested enterprise of German FLABEG Group in China, as well as the largest manufacturer of automotive rearview mirrors in China. The company’s products are mainly for exports, with export volume accounting for more than 90% of the total output. The products are exported to Europe, South America, Australia, Japan and South Asia. In 2010, the sales volume of the company’s rearview mirrors amounted to 12.71 million.
Shanghai Ganxiang Automobile Mirror Industry Co., Ltd. is China’s largest automotive rearview mirror producer, one of the first batch of export-oriented enterprises approved by Ministry of Commerce, and also the company participating in drafting National Standards for Automotive Rearview Mirror GB15084 and Industry Standards for Automotive Rearview Mirror QC / T 531. Currently, the company provides supporting rearview mirrors for over 10 models of domestic passenger cars and commercial vehicles of FAW-Volkswagen, Shanghai Volkswagen and FAW Jiefang.
1. OVERVIEW OF CAR REARVIEW MIRROR INDUSTRY
1.1 Definition & Classification
1.1.1 Definition
1.1.2 Classification
1.2 Development Trend of Car Rearview Mirror Industry
1.2.1 Electric Automation
1.2.2 Function Diversification
1.2.3 Demand of Driving Safety
1.3 Policy Environment
2. CHINA CAR REARVIEW MIRROR MARKET
2.1 Market Demand
2.2 Market Segments
2.2.1 Exterior Rearview Mirror
2.2.2 Interior Rearview Mirror
2.2.3 Underside Rearview Mirror
2.3 Import & Export
2.3.1 Import
2.3.2 Export
2.4 Market Competition
2.5 Market Price
3. INDUSTRY CHAIN OF CAR REARVIEW MIRROR
3.1 Overview of Industry Chain
3.2 Supply of Upstream Materials
3.2.1 Engineering Plastics
3.2.2 Plate Glass
3.2.3 Wiring Harness
3.2.4 Micro Motor
3.3 Demand from Downstream Market
3.3.1 Domestic Market
3.3.2 Global Market
4. KEY FOREIGN CAR REARVIEW MIRROR COMPANIES
4.1 Magna
4.1.1 Profile
4.1.2 Main Products
4.1.3 Business in China
4.1.4 Financial Status
4.2 Samvardhana Motherson
4.2.1 Profile
4.2.2 Main Products
4.2.3 Business in China
4.2.4 Financial Status
4.3 Ficosa
4.3.1 Profile
4.3.2 Main Products
4.3.3 Business in China
4.3.4 Financial Status
4.3.5 Business News
4.4 Ichikon
4.4.1 Profile
4.4.2 Business in China
4.4.3 Financial Status
4.5 Murakami Kaimeido
4.5.1 Profile
4.5.2 Business in China
4.5.3 Financial Status
4.6 Gentex
4.6.1 Profile
4.6.2 Main Products
4.6.3 Business in China
4.6.4 Financial Status
5. CHINA’S KEY CAR REARVIEW MIRROR COMPANIES
5.1 Shanghai Kostal-Huayang Automotive Electric Co., Ltd.
5.2 Magna Donnelly (Shanghai) Automotive System Co., Ltd.
5.3 Guangdong Donnelly Zhenhua Automotive System Co., Ltd.
5.4 FLABEG Automotive Mirrors (Shanghai) Co., Ltd.
5.5 Shanghai Ganxiang Automobile Mirror Industry Co., Ltd.
5.6 Jiangmen Shongli Rearview Mirror Industrial Co., Ltd.
5.7 Shanghai Mekra-lang Automobile Mirror Co., Ltd.
5.8 Shanghai Yingtian Automobile Parts & Accessories Co., Ltd.
6. INVESTMENT RISK ANALYSIS OF CAR REARVIEW MIRROR INDUSTRY
6.1 Technical Risk
6.2 Operating Risk
6.3 Management Risk
6.4 Policy Risk
1.1 Definition & Classification
1.1.1 Definition
1.1.2 Classification
1.2 Development Trend of Car Rearview Mirror Industry
1.2.1 Electric Automation
1.2.2 Function Diversification
1.2.3 Demand of Driving Safety
1.3 Policy Environment
2. CHINA CAR REARVIEW MIRROR MARKET
2.1 Market Demand
2.2 Market Segments
2.2.1 Exterior Rearview Mirror
2.2.2 Interior Rearview Mirror
2.2.3 Underside Rearview Mirror
2.3 Import & Export
2.3.1 Import
2.3.2 Export
2.4 Market Competition
2.5 Market Price
3. INDUSTRY CHAIN OF CAR REARVIEW MIRROR
3.1 Overview of Industry Chain
3.2 Supply of Upstream Materials
3.2.1 Engineering Plastics
3.2.2 Plate Glass
3.2.3 Wiring Harness
3.2.4 Micro Motor
3.3 Demand from Downstream Market
3.3.1 Domestic Market
3.3.2 Global Market
4. KEY FOREIGN CAR REARVIEW MIRROR COMPANIES
4.1 Magna
4.1.1 Profile
4.1.2 Main Products
4.1.3 Business in China
4.1.4 Financial Status
4.2 Samvardhana Motherson
4.2.1 Profile
4.2.2 Main Products
4.2.3 Business in China
4.2.4 Financial Status
4.3 Ficosa
4.3.1 Profile
4.3.2 Main Products
4.3.3 Business in China
4.3.4 Financial Status
4.3.5 Business News
4.4 Ichikon
4.4.1 Profile
4.4.2 Business in China
4.4.3 Financial Status
4.5 Murakami Kaimeido
4.5.1 Profile
4.5.2 Business in China
4.5.3 Financial Status
4.6 Gentex
4.6.1 Profile
4.6.2 Main Products
4.6.3 Business in China
4.6.4 Financial Status
5. CHINA’S KEY CAR REARVIEW MIRROR COMPANIES
5.1 Shanghai Kostal-Huayang Automotive Electric Co., Ltd.
5.2 Magna Donnelly (Shanghai) Automotive System Co., Ltd.
5.3 Guangdong Donnelly Zhenhua Automotive System Co., Ltd.
5.4 FLABEG Automotive Mirrors (Shanghai) Co., Ltd.
5.5 Shanghai Ganxiang Automobile Mirror Industry Co., Ltd.
5.6 Jiangmen Shongli Rearview Mirror Industrial Co., Ltd.
5.7 Shanghai Mekra-lang Automobile Mirror Co., Ltd.
5.8 Shanghai Yingtian Automobile Parts & Accessories Co., Ltd.
6. INVESTMENT RISK ANALYSIS OF CAR REARVIEW MIRROR INDUSTRY
6.1 Technical Risk
6.2 Operating Risk
6.3 Management Risk
6.4 Policy Risk
SELECTED CHARTS
View of Car Rearview Mirror in Different Locations
Exterior Rearview Mirror
Interior Rearview Mirror
Underside Rearview Mirror
Structural Diagram of Exterior Rearview Mirror
Policies Concerning Car Rearview Mirror Industry
OEM Demand & Forecast of Car Rearview Mirror in China, 2011-2015E
OEM Demand & Forecast of Car Rearview Mirror for Passenger Vehicle in China, 2011-2015E
OEM Demand & Forecast of Car Rearview Mirror for Commercial Vehicle in China, 2011-2015E
OEM Demand & Forecast of Car Exterior Rearview Mirror in China, 2011-2015E
OEM Demand & Forecast of Electric Exterior Rearview Mirror for Passenger Vehicle in China, 2011-2015E
Installation Rate of Electric Exterior Rearview Mirror for Passenger Vehicle in China by Price, 2011
Installation Rate of Electric-folding Exterior Rearview Mirror for Passenger Vehicle in China by Price, 2011
Installation Rate of Electric-heating Exterior Rearview Mirror for Passenger Vehicle in China by Price, 2011
OEM Demand & Forecast of Anti-glare Exterior Rearview Mirror for Passenger Vehicle in China, 2011-2015E
Installation Rate of Anti-glare Exterior Rearview Mirror for Passenger Vehicle in China by Price, 2011
OEM Demand & Forecast of Car Interior Rearview Mirror in China, 2011-2015E
OEM Demand & Forecast of Anti-glare Interior Rearview Mirror for Passenger Vehicle in China, 2011-2015E
Installation Rate of Anti-glare Interior Rearview Mirror for Passenger Vehicle in China by Price, 2011
OEM Demand & Forecast of Car Underside Rearview Mirror in China, 2011-2015E
Import Volume of Car Rearview Mirror in China, 2007-2011
Import Value of Car Rearview Mirror in China, 2007-2011
Top 10 Import Origins of Car Rearview Mirror of China, 2010-2011
Average Import Price of Car Rearview Mirror in China, 2007-2011
Export Volume of Car Rearview Mirror in China, 2007-2011
Export Value of Car Rearview Mirror in China, 2007-2011
Top 10 Export Destinations of China’s Car Rearview Mirror, 2010-2011
Average Export Price of China’s Car Rearview Mirror, 2007-2011
Sales Volume & Market Share of Key Car Rearview Mirror Companies in China, 2010
Reference Price of Car Rearview Mirror for Main Passenger Cars in China, 2011
Industry Chain of Car Rearview Mirror
Monthly Output of ABS & PP Resin in China, 2010-2011
Price Trend of ABS & PP Resin in China, 2006-2011
Capacity of China’s Top 10 Float Glass Manufacturers, 2010
Weighted Average Price of Float Glass in China, 2008-2011
Sales Volume of Main Automobile Wiring Harness Companies in China, 2010
Market Share of Main Car Micro Motor Manufacturers Worldwide, 2010
Major Car Micro-motor Manufacturers in China, 2010
Automobile Output in China, 2006-2015E
Global Automobile Output, 2006-2015E
Global Presence of Magna
Main Auto Parts and Components of Magna
Characteristics of Magna’s Interior & Exterior Rearview Mirror
Major Customers of Magna’s Rearview Mirror
Production Base Distribution of Car Rearview Mirror of Magna in China
Sales & EBIT of Magna, 2006-2010
Sales Breakdown of Magna by Region, 2010
Sales Breakdown of Magna by Business, 2008-2010
Sales Breakdown of Magna by Customer, 2008-2010
Global Distribution of Car Rearview Mirror Business of Motherson Sumi Systems (MSSL)
Investing Enterprises of Samvardhana Motherson in China
Sales & PAT of MSSL, FY2006-FY2011
Sales Breakdown of MSSL by Product, FY2009-FY2011
Sales of Car Rearview Mirror of MSSL, FY2009-FY2011
Main Businesses of Ficosa
Major Rearview Mirror Products of Ficosa
Operating Revenue of Ficosa, 2005-2010
Main Customers of Ichikon
Sales & Net Income of Ichikon, FY2007-FY2011
Sales Breakdown of Ichikon, FY2011
Major Car Rearview Mirror Products of Murakami Kaimeido
Sales & Net Income of Murakami Kaimeido, FY2007-FY2011
Global Business Distribution of Gentex
Market Share of Gentex in Global Automatic Anti-glare Car Rearview Mirror Market, 2010
Distribution of Sales Volume of Gentex’s Car Rearview Mirror, 2010
Main Customers of Gentex’s Automatic Anti-glare Car Rearview Mirror, 2010
Sales & Net Income of Gentex, 2006-2010
Car Rearview Mirror Shipment and Operating Revenue of Gentex, 1987-2010
Major Financial Indicators of Shanghai Kostal-Huayang Automotive Electric Co., Ltd., 2008-2010
Output & Sales Volume of Car Rearview Mirror of Shanghai Kostal-Huayang Automotive Electric Co., Ltd., 2006-2009
Main Financial Indicators of Magna Donnelly (Shanghai) Automotive System Co., Ltd., 2008-2010
Output & Sales Volume of Car Rearview Mirror of Magna Donnelly (Shanghai) Automotive System Co., Ltd., 2009-2010
Key Financial Indicators of Guangdong Donnelly Zhenhua Automotive System Co., Ltd., 2005-2010
Output & Sales Volume of Car Rearview Mirror of Guangdong Donnelly Zhenhua Automotive System Co., Ltd., 2005-2010
Major Business Indicators of FLABEG Automotive Mirrors (Shanghai) Co., Ltd., 2008-2010
Export Value of FLABEG Automotive Mirrors (Shanghai) Co., Ltd. by Country, 2010
Output & Sales Volume of Car Rearview Mirror of FLABEG Automotive Mirrors (Shanghai) Co., Ltd., 2009-2010
Main Customers of Car Rearview Mirror of Shanghai Ganxiang Automobile Mirror Industry Co., Ltd.
Key Financial Indicators of Shanghai Ganxiang Automobile Mirror Industry Co., Ltd., 2007-2010
Output & Sales Volume of Car Rearview Mirror of Shanghai Ganxiang Automobile Mirror Industry Co., Ltd., 2009-2010
Major Business Indicators of Jiangmen Shongli Rearview Mirror Industrial Co., Ltd., 2007-2010
Output & Sales Volume of Car Rearview Mirror of Jiangmen Shongli Rearview Mirror Industrial Co., Ltd., 2008-2010
Main Customers & Related Products of Shanghai Mekra-lang Automobile Mirror Co., Ltd.
Key Operational Indicators of Shanghai Mekra-lang Automobile Mirror Co., Ltd., 2007-2010
Output & Sales Volume of Car Rearview Mirror of Shanghai Mekra-lang Automobile Mirror Co., Ltd., 2008-2010
Major Business Indicators of Shanghai Yingtian Automobile Parts & Accessories Co., Ltd., 2008-2010
Output & Sales Volume of Car Rearview Mirror of Shanghai Yingtian Automobile Parts & Accessories Co., Ltd., 2009-2010
View of Car Rearview Mirror in Different Locations
Exterior Rearview Mirror
Interior Rearview Mirror
Underside Rearview Mirror
Structural Diagram of Exterior Rearview Mirror
Policies Concerning Car Rearview Mirror Industry
OEM Demand & Forecast of Car Rearview Mirror in China, 2011-2015E
OEM Demand & Forecast of Car Rearview Mirror for Passenger Vehicle in China, 2011-2015E
OEM Demand & Forecast of Car Rearview Mirror for Commercial Vehicle in China, 2011-2015E
OEM Demand & Forecast of Car Exterior Rearview Mirror in China, 2011-2015E
OEM Demand & Forecast of Electric Exterior Rearview Mirror for Passenger Vehicle in China, 2011-2015E
Installation Rate of Electric Exterior Rearview Mirror for Passenger Vehicle in China by Price, 2011
Installation Rate of Electric-folding Exterior Rearview Mirror for Passenger Vehicle in China by Price, 2011
Installation Rate of Electric-heating Exterior Rearview Mirror for Passenger Vehicle in China by Price, 2011
OEM Demand & Forecast of Anti-glare Exterior Rearview Mirror for Passenger Vehicle in China, 2011-2015E
Installation Rate of Anti-glare Exterior Rearview Mirror for Passenger Vehicle in China by Price, 2011
OEM Demand & Forecast of Car Interior Rearview Mirror in China, 2011-2015E
OEM Demand & Forecast of Anti-glare Interior Rearview Mirror for Passenger Vehicle in China, 2011-2015E
Installation Rate of Anti-glare Interior Rearview Mirror for Passenger Vehicle in China by Price, 2011
OEM Demand & Forecast of Car Underside Rearview Mirror in China, 2011-2015E
Import Volume of Car Rearview Mirror in China, 2007-2011
Import Value of Car Rearview Mirror in China, 2007-2011
Top 10 Import Origins of Car Rearview Mirror of China, 2010-2011
Average Import Price of Car Rearview Mirror in China, 2007-2011
Export Volume of Car Rearview Mirror in China, 2007-2011
Export Value of Car Rearview Mirror in China, 2007-2011
Top 10 Export Destinations of China’s Car Rearview Mirror, 2010-2011
Average Export Price of China’s Car Rearview Mirror, 2007-2011
Sales Volume & Market Share of Key Car Rearview Mirror Companies in China, 2010
Reference Price of Car Rearview Mirror for Main Passenger Cars in China, 2011
Industry Chain of Car Rearview Mirror
Monthly Output of ABS & PP Resin in China, 2010-2011
Price Trend of ABS & PP Resin in China, 2006-2011
Capacity of China’s Top 10 Float Glass Manufacturers, 2010
Weighted Average Price of Float Glass in China, 2008-2011
Sales Volume of Main Automobile Wiring Harness Companies in China, 2010
Market Share of Main Car Micro Motor Manufacturers Worldwide, 2010
Major Car Micro-motor Manufacturers in China, 2010
Automobile Output in China, 2006-2015E
Global Automobile Output, 2006-2015E
Global Presence of Magna
Main Auto Parts and Components of Magna
Characteristics of Magna’s Interior & Exterior Rearview Mirror
Major Customers of Magna’s Rearview Mirror
Production Base Distribution of Car Rearview Mirror of Magna in China
Sales & EBIT of Magna, 2006-2010
Sales Breakdown of Magna by Region, 2010
Sales Breakdown of Magna by Business, 2008-2010
Sales Breakdown of Magna by Customer, 2008-2010
Global Distribution of Car Rearview Mirror Business of Motherson Sumi Systems (MSSL)
Investing Enterprises of Samvardhana Motherson in China
Sales & PAT of MSSL, FY2006-FY2011
Sales Breakdown of MSSL by Product, FY2009-FY2011
Sales of Car Rearview Mirror of MSSL, FY2009-FY2011
Main Businesses of Ficosa
Major Rearview Mirror Products of Ficosa
Operating Revenue of Ficosa, 2005-2010
Main Customers of Ichikon
Sales & Net Income of Ichikon, FY2007-FY2011
Sales Breakdown of Ichikon, FY2011
Major Car Rearview Mirror Products of Murakami Kaimeido
Sales & Net Income of Murakami Kaimeido, FY2007-FY2011
Global Business Distribution of Gentex
Market Share of Gentex in Global Automatic Anti-glare Car Rearview Mirror Market, 2010
Distribution of Sales Volume of Gentex’s Car Rearview Mirror, 2010
Main Customers of Gentex’s Automatic Anti-glare Car Rearview Mirror, 2010
Sales & Net Income of Gentex, 2006-2010
Car Rearview Mirror Shipment and Operating Revenue of Gentex, 1987-2010
Major Financial Indicators of Shanghai Kostal-Huayang Automotive Electric Co., Ltd., 2008-2010
Output & Sales Volume of Car Rearview Mirror of Shanghai Kostal-Huayang Automotive Electric Co., Ltd., 2006-2009
Main Financial Indicators of Magna Donnelly (Shanghai) Automotive System Co., Ltd., 2008-2010
Output & Sales Volume of Car Rearview Mirror of Magna Donnelly (Shanghai) Automotive System Co., Ltd., 2009-2010
Key Financial Indicators of Guangdong Donnelly Zhenhua Automotive System Co., Ltd., 2005-2010
Output & Sales Volume of Car Rearview Mirror of Guangdong Donnelly Zhenhua Automotive System Co., Ltd., 2005-2010
Major Business Indicators of FLABEG Automotive Mirrors (Shanghai) Co., Ltd., 2008-2010
Export Value of FLABEG Automotive Mirrors (Shanghai) Co., Ltd. by Country, 2010
Output & Sales Volume of Car Rearview Mirror of FLABEG Automotive Mirrors (Shanghai) Co., Ltd., 2009-2010
Main Customers of Car Rearview Mirror of Shanghai Ganxiang Automobile Mirror Industry Co., Ltd.
Key Financial Indicators of Shanghai Ganxiang Automobile Mirror Industry Co., Ltd., 2007-2010
Output & Sales Volume of Car Rearview Mirror of Shanghai Ganxiang Automobile Mirror Industry Co., Ltd., 2009-2010
Major Business Indicators of Jiangmen Shongli Rearview Mirror Industrial Co., Ltd., 2007-2010
Output & Sales Volume of Car Rearview Mirror of Jiangmen Shongli Rearview Mirror Industrial Co., Ltd., 2008-2010
Main Customers & Related Products of Shanghai Mekra-lang Automobile Mirror Co., Ltd.
Key Operational Indicators of Shanghai Mekra-lang Automobile Mirror Co., Ltd., 2007-2010
Output & Sales Volume of Car Rearview Mirror of Shanghai Mekra-lang Automobile Mirror Co., Ltd., 2008-2010
Major Business Indicators of Shanghai Yingtian Automobile Parts & Accessories Co., Ltd., 2008-2010
Output & Sales Volume of Car Rearview Mirror of Shanghai Yingtian Automobile Parts & Accessories Co., Ltd., 2009-2010
