Market Overview:
The global electric vehicle self-dimming mirror market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles across the globe. Electric vehicles are environment-friendly and have low emissions, which is driving their adoption in various regions. Additionally, government initiatives and subsidies for electric vehicles are also contributing to the growth of this market. The global electric vehicle self-dimming mirror market can be segmented on the basis of type into outer self-dimming mirror and inside self-dimming mirror. The outer self-dimming mirror segment is expected to hold a larger share of the market during the forecast period owing to its growing demand in luxury cars.
Product Definition:
Electric Vehicle Self-dimming Mirror is a mirror that automatically adjusts its brightness to match the surrounding light. It is important for safety because it allows the driver to see clearly when driving in different lighting conditions.
Outer Self-dimming Mirror:
Outer self-dimming mirror is a type of automotive rearview mirror that has an integrated light source. It can be used as a backup safety device in case the driver fails to do so. The outer self-dimming mirrors are designed to eliminate glare and help in reducing night blindness, which aids the driver while driving at night or inside bad weather conditions.
Inside Self-dimming Mirror:
The global EV self-dimming mirror market size was valued at USD 6,867.1 thousand in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2024. The growing demand for electric vehicles on account of stringent government regulations regarding the reduction in greenhouse gas emissions is expected to drive the market growth over the forecast period.
Application Insights:
Based on the application, the global electric vehicle self-dimming mirror market is segmented into battery electric vehicles (BEV) and hybrid electric vehicles (HEV). The HEV segment dominated the overall market in terms of revenue share in 2017. Increasing demand for advanced safety features such as integrated rearview mirrors with intelligent functions that help improve visibility by dimming the reflective surface when it is not required has been a major factor contributing to its large share.
The BEV segment is expected to witness significant growth over the forecast period owing to increasing adoption of these vehicles across various regions including North America and Europe.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030. This growth can be attributed to various factors such as supportive government policies, increasing R&D activities and presence of key players in the region. Moreover, growing demand for electric vehicles across this region is anticipated to drive the regional market during the forecast period.
The Asia Pacific regional market captured a revenue share of over 25% in 2017 owing to high sales volumes of electric vehicles driven by rising consumer awareness regarding vehicle safety and comfort coupled with stringent regulations on vehicular emission set by governments across this region which has resulted into increased sales volume for these mirrors globally.
Growth Factors:
- Increasing demand for electric vehicles: The global electric vehicle market is expected to grow at a CAGR of more than 20% during the forecast period. This is due to the increasing awareness about the benefits of electric vehicles over traditional gasoline-powered vehicles, such as lower emissions and fuel costs.
- Government initiatives and subsidies: Governments across the globe are promoting the adoption of electric vehicles through various initiatives and subsidies. This is helping to drive growth in the electric vehicle market, including sales of self-dimming mirrors for these vehicles.
- Technological advancements: The development of new technologies that improve performance and reduce costs is aiding in the growth of the electric vehicle market, including sales of self-dimming mirrors for these vehicles. For instance, recent advancements in mirror technology have led to development of self-dimming mirrors that are more efficient and consume less power than traditional mirrors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicle Self-dimming Mirror Market Research Report
By Type
Outer Self-dimming Mirror, Inside Self-dimming Mirror
By Application
BEV, HEV
By Companies
Gentex, Magna International, 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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicle Self-dimming Mirror Market Report Segments:
The global Electric Vehicle Self-dimming Mirror market is segmented on the basis of:
Types
Outer Self-dimming Mirror, Inside Self-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
BEV, HEV
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 International
- Tokai Rika
- Ichikoh (Valeo)
- Murakami
- Sincode
- SL Corporation
- Germid
Highlights of The Electric Vehicle Self-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:
- Outer Self-dimming Mirror
- Inside Self-dimming Mirror
- By Application:
- BEV
- HEV
- 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 Electric Vehicle Self-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 electric vehicle self-dimming mirror is a mirror that uses electricity to dim or turn off the light when it's not needed. This helps save energy and reduce emissions.
Some of the major companies in the electric vehicle self-dimming mirror market are Gentex, Magna International, Tokai Rika, Ichikoh (Valeo), Murakami, Sincode, SL Corporation, Germid.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Vehicle Self-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 Electric Vehicle Self-dimming Mirror Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Vehicle Self-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 Electric Vehicle Self-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 Electric Vehicle Self-dimming Mirror Market Size & Forecast, 2018-2028
4.5.1 Electric Vehicle Self-dimming Mirror Market Size and Y-o-Y Growth
4.5.2 Electric Vehicle Self-dimming Mirror Market Absolute $ Opportunity
Chapter 5 Global Electric Vehicle Self-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 Electric Vehicle Self-dimming Mirror Market Size Forecast by Type
5.2.1 Outer Self-dimming Mirror
5.2.2 Inside Self-dimming Mirror
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Vehicle Self-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 Electric Vehicle Self-dimming Mirror Market Size Forecast by Applications
6.2.1 BEV
6.2.2 HEV
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Vehicle Self-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 Electric Vehicle Self-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 Electric Vehicle Self-dimming Mirror Analysis and Forecast
9.1 Introduction
9.2 North America Electric Vehicle Self-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 Electric Vehicle Self-dimming Mirror Market Size Forecast by Type
9.6.1 Outer Self-dimming Mirror
9.6.2 Inside Self-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 Electric Vehicle Self-dimming Mirror Market Size Forecast by Applications
9.10.1 BEV
9.10.2 HEV
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 Electric Vehicle Self-dimming Mirror Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Vehicle Self-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 Electric Vehicle Self-dimming Mirror Market Size Forecast by Type
10.6.1 Outer Self-dimming Mirror
10.6.2 Inside Self-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 Electric Vehicle Self-dimming Mirror Market Size Forecast by Applications
10.10.1 BEV
10.10.2 HEV
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 Electric Vehicle Self-dimming Mirror Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Vehicle Self-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 Electric Vehicle Self-dimming Mirror Market Size Forecast by Type
11.6.1 Outer Self-dimming Mirror
11.6.2 Inside Self-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 Electric Vehicle Self-dimming Mirror Market Size Forecast by Applications
11.10.1 BEV
11.10.2 HEV
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 Electric Vehicle Self-dimming Mirror Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Vehicle Self-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 Electric Vehicle Self-dimming Mirror Market Size Forecast by Type
12.6.1 Outer Self-dimming Mirror
12.6.2 Inside Self-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 Electric Vehicle Self-dimming Mirror Market Size Forecast by Applications
12.10.1 BEV
12.10.2 HEV
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) Electric Vehicle Self-dimming Mirror Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Vehicle Self-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) Electric Vehicle Self-dimming Mirror Market Size Forecast by Type
13.6.1 Outer Self-dimming Mirror
13.6.2 Inside Self-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) Electric Vehicle Self-dimming Mirror Market Size Forecast by Applications
13.10.1 BEV
13.10.2 HEV
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 Electric Vehicle Self-dimming Mirror Market: Competitive Dashboard
14.2 Global Electric Vehicle Self-dimming Mirror Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gentex
14.3.2 Magna International
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
