Safety Mirrors Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Safety Mirrors Market By Type (Convex Safety Mirror, Flat Safety Mirror, and Dome Safety Mirror), Application Type (Commercial, Residential, and Others), and Geography

 

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Report

Description

Safety Mirrors Market is expected to be valued at USD 70.5 million in 2022, growing at a 4.6% CAGR from 2022 to 2028. Safety and security mirrors offer workers and visitors to see around corners and down aisles in hospitals, stores, and production facilities. Convex safety mirrors increase the size of the reflected image, which increases the distance the mirror can produce a detectable image. Safety convex mirrors have a wide range of use such as security purposes, as well as to aid drivers on the road. Automobile enthusiasts call the convex safety mirror the fisheye mirror due to its shape, whereas scientists call it a diverging mirror. Convex mirrors have numerous benefits by allowing store owners and other security workers to observe blind spots, corners, and difficult-to-see locations while monitoring from a single point, which makes them a practical security choice. These are some significant factors that are expected to boost the safety mirrors market growth over the forecasted period. On the other hand, high installation charges along with the poor maintenance of safety mirrors restrain the safety mirror market growth. There are numerous projections for manufacturers in the safety mirrors market trend due to current breakthroughs and advancements including smart safety mirrors, weather resistance, and corrosion & abrasion resistant mirrors. For instance, in 2018, Pilkington United Kingdom Ltd, a producer of safety mirrors in the UK, unveiled a brand-new safety mirror called Pilkington Opti mirror Protect Plus that provides improved safety features like a wider visual angle and sharp reflection. The demand for safety mirrors will also expand as a result of the government’s instructed installation of convex safety mirrors in blind spots along the road in various nations. Due to the continuous improvement in safety mirrors, producers will have the attractive opportunity to expand their supply networks and satisfy customer demand. It is anticipated that these factors will propel the market for safety mirrors.

Safety Mirrors Market

MARKET SUMMARY
-
4.6%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 4.6%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Safety Mirrors Market

  • The report on global safety mirrors market gives historical, current and future market sizes (US$ Mn) on the basis of type, application, and geography.
  • The safety mirrors market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Fred Silver & Company, Inc
  • Lester L. Brossard Company
  • Clarke’s Safety Mirrors Limited
  • Se-Kure Controls
  • DENIOS, Inc.
Safety Mirrors Market Dynamics

The global market for safety mirrors is growing due to the rising Prevalence of Road Accidents worldwide. The safety mirrors market is expanding exponentially, owing to increasing road accidents because of poor road infrastructure and imperfect sight at blind bends. Convex mirrors are commonly fitted in blind areas to give drivers a better view of the turn, help them analyze the road’s circumstances, and support them avoid mishaps. Additionally, the governmental bodies strict laws and regulations requiring the installation of safety mirrors in a number of locations to maintain traffic safety are anticipated to propel the safety mirrors market growth further. To place convex mirrors on public highways, for instance, Australia government published Additional Network Standards & Guidelines. According to Section 63 of the Road Management Act, a convex safety mirror must be placed on a public road at a selected location with the written permission of the local government.


Asia Pacific Got Significant Share

Safety Mirrors Market

The Asia Pacific market was the fastest growing global market in past years and is expected to attain the fastest growing over the forecasted period owing to experiencing a flow in demand for safety mirrors due to reasons such as rapid building activities, a rise in incidents of traffic accidents, and strict government & industry rules for the installation of safety mirrors nearby. Also, the demand of convex mirrors is increasing, due to its benefits such as, provide an angled view for places that need observation, such as dangerous corners. They can be used on equipment such as mechanical diggers and other vehicles on the job site. Additionally, one of the significant drivers for the convex safety mirrors market's expansion in the coming next few years is the existence of prominent market players.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The safety mirrors market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Safety Mirrors Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

Safety and security mirrors offer workers and visitors to see around corners and down aisles in hospitals, stores, and production facilities. Convex safety mirrors increase the size of the reflected image, which increases the distance the mirror can produce a detectable image

Key players’ profiles in the safety mirrors market report are Fred Silver & Company, Inc, Lester L. Brossard Company, Clarke’s Safety Mirrors Limited, Se-Kure Controls, DENIOS, Inc., Frontier Polymers Ltd, Smartech Safety Solutions Private Limited.

A rise in the number of road accidents due to poor visibility at the blind spots and poor road infrastructure, and strict government rules and regulations to install safety mirrors in accident-prone zones.


Report

Table Of Content

1. Executive Summary
2. Global Safety Mirrors Market Introduction
2.1. Global Safety Mirrors Market – Taxonomy
2.2. Global Safety Mirrors Market –Definitions
2.2.1. Type
2.2.2. Application
2.2.3. Region
3. Global Safety Mirrors Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Safety Mirrors Market Dynamic Factors – Impact Analysis
3.6. Global Safety Mirrors Market– Competition Landscape
4. Global Safety Mirrors Market Analysis,2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Safety Mirrors Market, By Type, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn)
5.1. Convex Safety Mirror
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Flat Safety Mirror
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Dome Safety Mirror
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Safety Mirrors Market, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1. Commercial
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Residential
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Others
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Safety Mirrors Market Forecast, By Region, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Safety Mirrors Market- Opportunity Analysis Index, By Type, Application, and Region, 2022 – 2028
8. North America Safety Mirrors Market analysis,2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
8.1. Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Convex Safety Mirror
8.1.2. Flat Safety Mirror
8.1.3. Dome Safety Mirror
8.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.2.1. Commercial
8.2.2. Residential
8.2.3. Others
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Safety Mirrors Market- Opportunity Analysis Index, By Type, Application, and Country, 2022 – 2028
8.5. North America Safety Mirrors Market Dynamics – Trends
9. Europe Safety Mirrors Market Analysis, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
9.1.  Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Convex Safety Mirror
9.1.2. Flat Safety Mirror
9.1.3. Dome Safety Mirror
9.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Commercial
9.2.2. Residential
9.2.3. Others
9.3. Country Analysis 2017–2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Safety Mirrors Market- Opportunity Analysis Index, By Type, Application, and Country, 2022 – 2028
9.5. Europe Safety Mirrors Market Dynamics – Trends
10. Asia-Pacific Safety Mirrors Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1.  Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Convex Safety Mirror
10.1.2. Flat Safety Mirror
10.1.3. Dome Safety Mirror
10.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Commercial
10.2.2. Residential
10.2.3. Others
10.3. Country Analysis2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Safety Mirrors Market- Opportunity Analysis Index, By Type, Application, and Country,2022 – 2028
10.5. Asia-Pacific Safety Mirrors Market Dynamics – Trends
11. Latin America Safety Mirrors Market Analysis,2017 – 2021 and Forecast, 2022–2028(Revenue, USD Mn)
11.1.  Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Convex Safety Mirror
11.1.2. Flat Safety Mirror
11.1.3. Dome Safety Mirror
11.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Commercial
11.2.2. Residential
11.2.3. Others
11.3. Country Analysis 2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Safety Mirrors Market- Opportunity Analysis Index, By Type, Application,  and Country, 2022 – 2028
11.5. Latin America Safety Mirrors Market Dynamics – Trends
12. Middle East and Africa Safety Mirrors Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1.  Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Convex Safety Mirror
12.1.2. Flat Safety Mirror
12.1.3. Dome Safety Mirror
12.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Commercial
12.2.2. Residential
12.2.3. Others
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Safety Mirrors Market- Opportunity Analysis Index, By Type, Application, and Country, 2022 – 2028
12.5. MEA Safety Mirrors Market Dynamics – Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Type& Service Testing Types, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Fred Silver & Company, Inc
13.2.2. Lester L. Brossard Company
13.2.3. Clarke’s Safety Mirrors Limited
13.2.4. Se-Kure Controls
13.2.5. DENIOS, Inc.
13.2.6. Frontier Polymers Ltd
13.2.7. Smartech Safety Solutions Private Limited
13.2.8. Ashtree Vision & Safety
13.2.9. H2 Safety India Private Limited
13.2.10. Honesty Automation Private Limited
14. Research Methodology
15. Key Assumptions and Acronyms

Report

Company Profile

  • Fred Silver & Company, Inc
  • Lester L. Brossard Company
  • Clarke’s Safety Mirrors Limited
  • Se-Kure Controls
  • DENIOS, Inc.
  • Frontier Polymers Ltd
  • Smartech Safety Solutions Private Limited
  • Ashtree Vision & Safety
  • H2 Safety India Private Limited
  • Honesty Automation Private Limited

Description

Safety Mirrors Market is expected to be valued at USD 70.5 million in 2022, growing at a 4.6% CAGR from 2022 to 2028. Safety and security mirrors offer workers and visitors to see around corners and down aisles in hospitals, stores, and production facilities. Convex safety mirrors increase the size of the reflected image, which increases the distance the mirror can produce a detectable image. Safety convex mirrors have a wide range of use such as security purposes, as well as to aid drivers on the road. Automobile enthusiasts call the convex safety mirror the fisheye mirror due to its shape, whereas scientists call it a diverging mirror. Convex mirrors have numerous benefits by allowing store owners and other security workers to observe blind spots, corners, and difficult-to-see locations while monitoring from a single point, which makes them a practical security choice. These are some significant factors that are expected to boost the safety mirrors market growth over the forecasted period. On the other hand, high installation charges along with the poor maintenance of safety mirrors restrain the safety mirror market growth. There are numerous projections for manufacturers in the safety mirrors market trend due to current breakthroughs and advancements including smart safety mirrors, weather resistance, and corrosion & abrasion resistant mirrors. For instance, in 2018, Pilkington United Kingdom Ltd, a producer of safety mirrors in the UK, unveiled a brand-new safety mirror called Pilkington Opti mirror Protect Plus that provides improved safety features like a wider visual angle and sharp reflection. The demand for safety mirrors will also expand as a result of the government’s instructed installation of convex safety mirrors in blind spots along the road in various nations. Due to the continuous improvement in safety mirrors, producers will have the attractive opportunity to expand their supply networks and satisfy customer demand. It is anticipated that these factors will propel the market for safety mirrors.

ASIA PACIFIC OFFICE

Precision Business Insights, MIG 366, SAI PLAZA, 1st Floor, KPHB Colony, Hyderabad - 500072

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX