Market Overview:
The global auto-dimming mirror market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for luxury and comfort features in vehicles. Additionally, the rising awareness about safety and security is also propelling the growth of this market. The global auto-dimming mirror market can be segmented on the basis of type into mechanical and electrodynamic mirrors. The mechanical mirrors segment is expected to hold a larger share of the global auto-dimming mirror market during the forecast period owing to their low cost and easy installation process. However, electrodynamic mirrors are gaining popularity due their superior performance characteristics such as wider viewing angle, reduced glare and distortion, etc. .
Product Definition:
An auto-dimming mirror is a mirror that automatically adjusts the brightness of its reflection to match the ambient light levels in the surrounding area. This can be helpful for reducing glare and eye fatigue when driving at night or in other low-light conditions.
Mechanical:
Mechanical auto-dimming mirrors are used in cars that have exterior rearview mirrors. They help in reducing the brightness of the mirror to adjust to the sunlight intensity. The technology is not new, it has been around for more than a decade but its usage and growth factor has increased with time due to growing demand from consumers as well as manufacturers.
The market is driven by factors such as increasing sales of high end luxury vehicles, technological advancements.
Electrodynamic:
Electrodynamic is a technology that uses the principle of electromagnetic attraction and repulsion for generating motion. It is used in an auto-dimming mirror to eliminate glare from the sun and other sources of light. The working principle behind this type of mirror is based on attracting & repelling the charges present on its surface which eliminates reflected light by creating dark spots.
The global auto-dimming mirrors market size was valued at USD 1,48,890 in 2016.
Application Insights:
The commercial vehicle segment led the global auto-dimming mirror market and accounted for more than 54.0% share of the overall revenue in 2017. The growth is attributed to an increase in the number of trucks on roads across various regions, including North America and Europe. According to data published by International Organization of Motor Vehicle Manufacturers (OICA), there were nearly 1,000,000 deaths or injuries caused by road accidents involving heavy vehicles in 2016 globally. This represents a significant opportunity for auto-dimming mirrors manufacturers as well as suppliers to earn from this sector over the forecast period due to increasing awareness about safety issues among consumers and stringent regulations regarding driver fatigue set forth by governments across various regions worldwide.
Civil vehicle applications include buses, coaches.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period owing to growing use of auto-dimming mirrors by drivers and passengers in cars, trucks, buses, and trains. In addition, increasing road accidents are likely to boost product demand further. Europe accounted for a significant share of revenue in 2017 due to high prevalence of eye diseases such as macular degeneration and diabetic retinopathy among aging population there.
Growth Factors:
- Increasing demand for luxury and comfort in vehicles
- Rising disposable income of consumers
- Technological advancements in the auto-dimming mirror industry
- Stringent government regulations for vehicle safety standards
- Growing awareness about the benefits of auto-dimming mirrors among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Auto-Dimming Mirror Market Research Report
By Type
Mechanical, Electrodynamic
By Application
Commercial Vehicle, Civil Vehicle
By Companies
Gentex Corporation, SMR Automotive, Ficosa, Carolina Auto Restyling, Samvardhana Motherson, Murakami, Gentex Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Auto-Dimming Mirror Market Report Segments:
The global Auto-Dimming Mirror market is segmented on the basis of:
Types
Mechanical, Electrodynamic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Vehicle, Civil Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gentex Corporation
- SMR Automotive
- Ficosa
- Carolina Auto Restyling
- Samvardhana Motherson
- Murakami
- Gentex Corporation
Highlights of The Auto-Dimming Mirror Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mechanical
- Electrodynamic
- By Application:
- Commercial Vehicle
- Civil Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Auto-Dimming Mirror Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An auto-dimming mirror is a mirror that automatically adjusts its brightness to match the light level in the room. This can help reduce eye fatigue and improve your vision while you are using the mirror.
Some of the major players in the auto-dimming mirror market are Gentex Corporation, SMR Automotive, Ficosa, Carolina Auto Restyling, Samvardhana Motherson, Murakami, Gentex Corporation.
The auto-dimming mirror market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Auto-Dimming Mirror Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Auto-Dimming Mirror Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Auto-Dimming Mirror Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Auto-Dimming Mirror Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Auto-Dimming Mirror Market Size & Forecast, 2018-2028
4.5.1 Auto-Dimming Mirror Market Size and Y-o-Y Growth
4.5.2 Auto-Dimming Mirror Market Absolute $ Opportunity
Chapter 5 Global Auto-Dimming Mirror Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Auto-Dimming Mirror Market Size Forecast by Type
5.2.1 Mechanical
5.2.2 Electrodynamic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Auto-Dimming Mirror Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Auto-Dimming Mirror Market Size Forecast by Applications
6.2.1 Commercial Vehicle
6.2.2 Civil Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Auto-Dimming Mirror Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Auto-Dimming Mirror Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Auto-Dimming Mirror Analysis and Forecast
9.1 Introduction
9.2 North America Auto-Dimming Mirror Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Auto-Dimming Mirror Market Size Forecast by Type
9.6.1 Mechanical
9.6.2 Electrodynamic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Auto-Dimming Mirror Market Size Forecast by Applications
9.10.1 Commercial Vehicle
9.10.2 Civil Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Auto-Dimming Mirror Analysis and Forecast
10.1 Introduction
10.2 Europe Auto-Dimming Mirror Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Auto-Dimming Mirror Market Size Forecast by Type
10.6.1 Mechanical
10.6.2 Electrodynamic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Auto-Dimming Mirror Market Size Forecast by Applications
10.10.1 Commercial Vehicle
10.10.2 Civil Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Auto-Dimming Mirror Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Auto-Dimming Mirror Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Auto-Dimming Mirror Market Size Forecast by Type
11.6.1 Mechanical
11.6.2 Electrodynamic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Auto-Dimming Mirror Market Size Forecast by Applications
11.10.1 Commercial Vehicle
11.10.2 Civil Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Auto-Dimming Mirror Analysis and Forecast
12.1 Introduction
12.2 Latin America Auto-Dimming Mirror Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Auto-Dimming Mirror Market Size Forecast by Type
12.6.1 Mechanical
12.6.2 Electrodynamic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Auto-Dimming Mirror Market Size Forecast by Applications
12.10.1 Commercial Vehicle
12.10.2 Civil Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Auto-Dimming Mirror Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Auto-Dimming Mirror Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Auto-Dimming Mirror Market Size Forecast by Type
13.6.1 Mechanical
13.6.2 Electrodynamic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Auto-Dimming Mirror Market Size Forecast by Applications
13.10.1 Commercial Vehicle
13.10.2 Civil Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Auto-Dimming Mirror Market: Competitive Dashboard
14.2 Global Auto-Dimming Mirror Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gentex Corporation
14.3.2 SMR Automotive
14.3.3 Ficosa
14.3.4 Carolina Auto Restyling
14.3.5 Samvardhana Motherson
14.3.6 Murakami
14.3.7 Gentex Corporation
