Market Overview:
The global auto dimming rearview mirrors market is expected to grow at a CAGR of 6.5% 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, rising awareness about safety features in vehicles, and increasing adoption of advanced technologies in automobiles. The global auto dimming rearview mirrors market is segmented on the basis of type into inside auto dimming rearview mirrors and outer auto dimming rearview mirrors. The outer auto dimming mirror segment is expected to grow at a higher CAGR than the inside mirror segment during the forecast period from 2018 to 2030. This can be attributed to increased demand for these types of mirrors from commercial vehicle manufacturers due to their growing popularity among fleet operators and truck drivers owing to enhanced safety offered by these products. On the basis of application, the global Auto Dimming Rearview Mirrors Market is divided into passenger vehicles and commercial vehicles segments.
Product Definition:
An auto-dimming rearview mirror is a mirror in a vehicle that automatically dims to reduce glare from the headlights of cars behind. The purpose of an auto-dimming rearview mirror is to improve the driver's visibility at night or in other low-light conditions by reducing glare and reflections.
Inside Auto Dimming Rearview Mirrors:
The global inside auto dimming rearview mirrors market size was valued at USD 6,867.1 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for enhanced driving experience is one of the key factors that will drive industry growth over the forecast period.
Growing sales of premium cars with advanced features are also anticipated to fuel product demand over the coming years as these products offer better clarity while driving.
Outer Auto Dimming Rearview Mirrors:
Outer auto dimming rearview mirrors are a new type of rear-view mirror that is being introduced in the automotive industry. These mirrors have an advanced electronic control system embedded inside them which helps to adjust the intensity of the light as per requirement thus providing a clear image during day time and at night time also. The intensity of the light can be adjusted according to two different settings, namely Daytime setting and Nighttime setting.
Application Insights:
The passenger vehicle segment dominated the global auto dimming rearview mirrors market in 2017. The growing trend of electric vehicles is expected to drive demand for auto-dimming rearview mirrors in passenger cars over the forecast period. These electronic devices help reduce glare and improve visibility by automatically adjusting the brightness of the image projected onto the windshield.
Commercial vehicles are expected to witness significant growth over the forecast period owing to rising demand from construction and mining industries for trucks with advanced safety features such as blind-spot detection systems and backup cameras. Furthermore, increasing government regulations on road transport companies demanding enhanced driver safety will further boost product demand across commercial vehicles applications globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period owing to increasing demand for advanced technologies and growing adoption of electric vehicles. Europe accounted for a significant share of revenue in 2017, owing to rising demand from countries such as Germany, France, Italy and U.K., among others. Asia Pacific is projected to be one of the fastest-growing regions over the forecast period due to rapid urbanization and increasing vehicle production within developing economies such as China, India Japan & South Korea (JIS), Indonesia & Malaysia ( Mayhem).
The MEA auto dimming rearview mirrors market has huge potential with respect high growth rate in key markets including Saudi Arabia UAE & Egypt among other Gulf Cooperation Council countries along with Nigeria amongst African countries which are anticipated boost regional product demand over next eight years (2030) at a significant CAGR exceeding 6% per annum (vs 5% CAGR globally).
Growth Factors:
- Increasing demand for luxury cars
- Rising awareness about the benefits of auto dimming rearview mirrors
- Technological advancements in the field of auto dimming rearview mirrors
- Growing number of accidents and fatalities due to poor visibility while driving
- Government regulations mandating the use of auto dimming rearview mirrors in vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Auto Dimming Rearview Mirrors Market Research Report
By Type
Inside Auto Dimming Rearview Mirrors, Outer Auto Dimming Rearview Mirrors
By Application
Passenger Vehicle, Commercial Vehicles
By Companies
Gentex, Magna, Tokai Rika, 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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Auto Dimming Rearview Mirrors Market Report Segments:
The global Auto Dimming Rearview Mirrors market is segmented on the basis of:
Types
Inside Auto Dimming Rearview Mirrors, Outer Auto Dimming Rearview Mirrors
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 Vehicles
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
- Valeo
- Murakami
- Sincode
- SL Corporation
- Germid
Highlights of The Auto Dimming Rearview Mirrors 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:
- Inside Auto Dimming Rearview Mirrors
- Outer Auto Dimming Rearview Mirrors
- By Application:
- Passenger Vehicle
- Commercial Vehicles
- 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 Rearview Mirrors 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.
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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 rearview mirrors are a feature that automatically adjusts the brightness of the mirror to match the light level in the surrounding area. This allows drivers to see more clearly behind them while driving at night or in low-light conditions.
Some of the major companies in the auto dimming rearview mirrors market are Gentex, Magna, Tokai Rika, Valeo, Murakami, Sincode, SL Corporation, Germid.
The auto dimming rearview mirrors market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Auto Dimming Rearview Mirrors 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 Rearview Mirrors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Auto Dimming Rearview Mirrors 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 Rearview Mirrors 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 Rearview Mirrors Market Size & Forecast, 2018-2028 4.5.1 Auto Dimming Rearview Mirrors Market Size and Y-o-Y Growth 4.5.2 Auto Dimming Rearview Mirrors Market Absolute $ Opportunity
Chapter 5 Global Auto Dimming Rearview Mirrors 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 Rearview Mirrors Market Size Forecast by Type
5.2.1 Inside Auto Dimming Rearview Mirrors
5.2.2 Outer Auto Dimming Rearview Mirrors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Auto Dimming Rearview Mirrors 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 Rearview Mirrors Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Auto Dimming Rearview Mirrors 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 Rearview Mirrors 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 Rearview Mirrors Analysis and Forecast
9.1 Introduction
9.2 North America Auto Dimming Rearview Mirrors 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 Rearview Mirrors Market Size Forecast by Type
9.6.1 Inside Auto Dimming Rearview Mirrors
9.6.2 Outer Auto Dimming Rearview Mirrors
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 Rearview Mirrors Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicles
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 Rearview Mirrors Analysis and Forecast
10.1 Introduction
10.2 Europe Auto Dimming Rearview Mirrors 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 Rearview Mirrors Market Size Forecast by Type
10.6.1 Inside Auto Dimming Rearview Mirrors
10.6.2 Outer Auto Dimming Rearview Mirrors
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 Rearview Mirrors Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicles
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 Rearview Mirrors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Auto Dimming Rearview Mirrors 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 Rearview Mirrors Market Size Forecast by Type
11.6.1 Inside Auto Dimming Rearview Mirrors
11.6.2 Outer Auto Dimming Rearview Mirrors
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 Rearview Mirrors Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicles
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 Rearview Mirrors Analysis and Forecast
12.1 Introduction
12.2 Latin America Auto Dimming Rearview Mirrors 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 Rearview Mirrors Market Size Forecast by Type
12.6.1 Inside Auto Dimming Rearview Mirrors
12.6.2 Outer Auto Dimming Rearview Mirrors
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 Rearview Mirrors Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicles
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 Rearview Mirrors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Auto Dimming Rearview Mirrors 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 Rearview Mirrors Market Size Forecast by Type
13.6.1 Inside Auto Dimming Rearview Mirrors
13.6.2 Outer Auto Dimming Rearview Mirrors
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 Rearview Mirrors Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicles
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 Rearview Mirrors Market: Competitive Dashboard
14.2 Global Auto Dimming Rearview Mirrors 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 Valeo
14.3.5 Murakami
14.3.6 Sincode
14.3.7 SL Corporation
14.3.8 Germid