Market Overview:
The global auto dimming rear view mirror market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for luxury and comfort features in vehicles, rising awareness about safety features in vehicles, and growing sales of commercial vehicles. The global auto dimming rear view mirror market is segmented on the basis of type into outer auto dimming mirror and inside auto dimming mirror. The outer auto dimming mirror segment is expected to account for a larger share of the global market than the inside Auto Dimming Mirror segment during the forecast period. This can be attributed to factors such as increasing demand for luxury cars and SUVs that come equipped with an outer Auto Dimming Mirror, rising awareness about safety features in vehicles, and growing sales of commercial vehicles. On the basis of application, the global automotive DIMMING REAR VIEW MIRROR MARKET is divided into passenger vehicle and commercial vehicle segments.
Product Definition:
An auto-dimming rearview mirror is a device that automatically reduces the glare from headlights of vehicles behind you, making it easier to see what's happening on the road. They're important for safety, as they help reduce the amount of glare and reflections from other cars' headlights that can temporarily blind drivers.
Outer Auto Dimming Mirror:
Outer auto dimming mirror is a type of rearview mirror that has the ability to darken or lighten the backside as per requirement. It can be operated manually through the control panel or automatically in response to vehicle speed, proximity of other vehicles, and traffic conditions. The outer automatic dimming mirrors are generally located on both sides of the vehicle just below the windshield.
The market for outer auto dimming mirrors is driven by factors such as growing sales volume.
Inside Auto Dimming Mirror:
The auto dimming rear view mirror is a type of rearview mirror that can automatically adjust its own brightness. It has two modes, city and highway mode, which are activated by a switch on the side. The device works on the principle of detecting vehicles in front and dimming itself accordingly to provide clear visibility during night time driving or while driving at low light conditions.
It also helps in reducing glare from the sun that reflects off of other cars' headlights.
Application Insights:
Passenger vehicle application accounted for the largest share of over 70.0% in 2017. The growing trend of online shopping is expected to boost the demand for passenger vehicles, thereby supporting market growth during the forecast period. Increasing number of luxury brands focusing on providing comfort and safety to its passengers by installing auto dimming rear view mirrors is also a key factor driving this segment.
The commercial vehicle application segment is expected to witness significant growth over the forecast period owing to rising demand from construction and mining companies operating across various regions worldwide. These companies are increasingly deploying these mirrors due to high visibility offered by them while working at night or in low-light conditions, which will further propel their demand in near future years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for advanced automotive technologies in the U.S and Canada. Moreover, rising number of accidents and stringent regulations imposed by government agencies such as NHTSA (National Highway Traffic Safety Administration) and IIHS (Insurance Institute for Highway Safety) are anticipated to drive the product demand further.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast period owing with rapid economic development coupled with increasing adoption of advanced automotive technologies in countries such as China, Japan, South Korea, India among others will fuel industry growth over next eight years to come.
Growth Factors:
- Increasing demand for luxury and comfort features in vehicles
- Growing awareness about the safety benefits of auto dimming rear view mirrors
- Rising number of accidents and fatalities due to poor visibility while driving
- Technological advancements that have led to the development of better quality auto dimming rear view mirrors
- Government regulations mandating the use of auto dimming rear view mirrors in certain types of vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Auto Dimming Rear View Mirror Market Research Report
By Type
Outer Auto Dimming Mirror, Inside Auto Dimming Mirror
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Gentex, Magna, Tokai Rika, Ichikoh (Valeo), Murakami, Sincode, SL Corporation, Germid
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Auto Dimming Rear View Mirror Market Report Segments:
The global Auto Dimming Rear View Mirror market is segmented on the basis of:
Types
Outer Auto Dimming Mirror, Inside Auto Dimming Mirror
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
Passenger Vehicle, Commercial 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
- Magna
- Tokai Rika
- Ichikoh (Valeo)
- Murakami
- Sincode
- SL Corporation
- Germid
Highlights of The Auto Dimming Rear View 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:
- Outer Auto Dimming Mirror
- Inside Auto Dimming Mirror
- By Application:
- Passenger Vehicle
- Commercial 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 Rear View 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
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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?
Auto Dimming Rear View Mirror is a feature that automatically adjusts the brightness of the mirror to match the surrounding light. This helps you see better in low-light conditions, and it can also help reduce glare from other objects.
Some of the key players operating in the auto dimming rear view mirror market are Gentex, Magna, Tokai Rika, Ichikoh (Valeo), Murakami, Sincode, SL Corporation, Germid.
The auto dimming rear view mirror market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Auto Dimming Rear View 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 Rear View Mirror Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Auto Dimming Rear View 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 Rear View 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 Rear View Mirror Market Size & Forecast, 2020-2028
4.5.1 Auto Dimming Rear View Mirror Market Size and Y-o-Y Growth
4.5.2 Auto Dimming Rear View Mirror Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Outer Auto Dimming Mirror
5.2.2 Inside Auto Dimming Mirror
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Auto Dimming Rear View 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 Rear View 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Outer Auto Dimming Mirror
9.6.2 Inside Auto Dimming Mirror
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 Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Outer Auto Dimming Mirror
10.6.2 Inside Auto Dimming Mirror
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 Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Outer Auto Dimming Mirror
11.6.2 Inside Auto Dimming Mirror
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 Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Outer Auto Dimming Mirror
12.6.2 Inside Auto Dimming Mirror
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 Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Outer Auto Dimming Mirror
13.6.2 Inside Auto Dimming Mirror
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) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial 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 Rear View Mirror Market: Competitive Dashboard
14.2 Global Auto Dimming Rear View Mirror Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gentex
14.3.2 Magna
14.3.3 Tokai Rika
14.3.4 Ichikoh (Valeo)
14.3.5 Murakami
14.3.6 Sincode
14.3.7 SL Corporation
14.3.8 Germid
