The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Auto Dimming Mirror Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Auto Dimming Mirror market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.
The global auto dimming mirror market size was valued at $1.86 billion in 2018, and is projected to reach $2.77 billion by 2026, registering a CAGR of 5.3% from 2019 to 2026. Asia-Pacific accounted for the highest share in 2018, and is anticipated to maintain its lead in the global auto dimming mirror market throughout the forecast period.
An auto dimming mirror controls or eliminates any glare caused by headlights of a tailing vehicle, thereby improving visibility of drivers to drive safely. These mirrors are equipped with sensors, which detect light from the headlights of tailing vehicles, which through a process, called electrochromism, eradicate the glare by darkening the mirror. These types of mirrors comprise various advanced sensors and electrochromic material, which absorbs and reflects light in a different manner, when an electric voltage is passed through it. These sensors search for a brighter source of light during night or in bad light. When they detect a change in the intensity of the light, they generate an electric charge via a low voltage power supply, housed inside the interior of the mirror. This electric charge then travels through the electrochromic material and controls the dimming of interior and exterior mirrors. Auto dimming mirrors form an integral part of a vehicle, as it greatly increases safety of passengers as well as drivers. Furthermore, these types of mirrors can also house variety of features such as microphone, compass, and safety camera systems.
The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Auto Dimming Mirror market are included as given below:
The key market players profiled in the report include Ficosa, Flabeg, Gentex corporation, Honda Lock, Konview, Magna, Murakami Corporation, SAMVARDHANA MOTHERSON GROUP, Shenzhen Germid Co., Ltd., and Tokairika, Co, Ltd. hold the major auto dimming mirror market share.
The global Auto Dimming Mirror market has been segmented as below:
By Application
Inside rear-view mirror
Outside rear-view mirror
By Vehicle Type
Passenger Vehicle
Commercial Vehicle
By Fuel Type
ICE
Hybrid
Electric
By Region
North America
o U.S.
o Canada
o Mexico
Europe
o UK
o Germany
o France
o Italy
o Rest of Europe
Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
LAMEA
o Latin America
o Middle East
o Africa
Reasons to Purchase this Report:
Estimates Auto Dimming Mirror development trends with SWOT analysis
Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion
Market dynamics scenario, along with growth opportunities for players in the years to come
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
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