The forecast for the sold production of glass rear-view mirrors for vehicles in Germany indicates a declining trend from 2024 through 2028. In 2023, this production stood at 17.388 million items. Year-on-year declines are expected, with the forecast showing a decrease from 17.014 million items in 2024 to 15.534 million items by 2028. This results in a Compound Annual Growth Rate (CAGR) of -2.2% over the five-year period, suggesting a consistent reduction in production volumes.
Future trends to watch include advancements in vehicle technology that could impact the demand for traditional glass rear-view mirrors, such as increased adoption of camera-based systems and digital displays in automobiles. Additionally, shifts in the automotive industry, including changes in vehicle sales and manufacturing practices, may further influence production levels.
