Market Overview:
The global passenger vehicle self-dimming mirror market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The outer self-dimming mirror segment is expected to account for a major share of the global passenger vehicle self-dimming mirror market during the forecast period. The increasing demand for luxury cars and SUVs across the globe is anticipated to boost the growth of this segment. Asia Pacific is expected to be the fastest growing region in terms of revenue during the forecast period.
Product Definition:
A passenger vehicle self-dimming mirror is a mirror that automatically adjusts its brightness to compensate for the light levels in the surrounding environment. This is important because it helps to ensure that the driver has a clear view of the road at all times, regardless of changing lighting conditions.
Outer Self-dimming Mirror:
The outer self-dimming mirror is a type of driver assistance system used in vehicles to reduce the intensity of headlights. The system comprises an infrared sensor that monitors the vehicle's surroundings and a dimming mechanism that reduces the headlight's intensity when it detects an object ahead.
The market for outer self-dimming mirrors is expected to witness significant growth over the forecast period owing to increasing demand from passenger car manufacturers, technological advancements by key industry players,.
Inside Self-dimming Mirror:
The self-dimming mirror is a type of rearview mirror that helps in reducing the brightness of the vehicle's exterior lights to match the ambient light. The technology works by sensing the amount of ambient light and automatically dimming/increasing backlight intensity as per requirement. These mirrors are primarily used in passenger vehicles for safety reasons, but they can also be used in commercial vehicles and other types of vehicles.
Application Insights:
The other application segment includes buses, trucks and other passenger vehicles. The self-dimming mirror is beneficial for drivers as it reduces the glare from the sun and helps in improving the vision while driving in adverse conditions such as rain or snowfall. As a result, this technology is expected to be widely adopted by various vehicle manufacturers across all segments including SUV, Sedan and Buses over the forecast period.
The global market for SUV was dominated by North America with a share of 41% in 2017 owing to increasing production & sales of SUVs in U.S., Canada & Mexico.
Regional Analysis:
North America dominated the global passenger vehicle self-dimming mirror market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period as well owing to increasing demand for advanced safety systems and growing adoption of electric vehicles. Increasing number of accidents has led governments across North America to increase investment in R&D for developing innovative driver assistance systems, which will further boost product demand.
Europe was estimated at USD X million in 2017 and is anticipated to grow at a significant rate over the forecast period due to rising concerns pertaining road traffic fatalities that have compelled government authorities across Europe introduce stringent driving regulations such as mandatory use of inside rearview mirrors with automatic dimming feature or face a fine up to USD X Moreover, increasing sales volume for premium cars including BMW, Mercedes Benz and Audi will drive industry growth over the next eight years.
Growth Factors:
- Increasing demand for luxury and comfort in vehicles
- Rising disposable income of consumers
- Technological advancements in the mirror industry
- Government regulations for safety features in vehicles
- Growing awareness about the benefits of self-dimming mirrors
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Vehicle Self-dimming Mirror Market Research Report
By Type
Outer Self-dimming Mirror, Inside Self-dimming Mirror
By Application
SUV, Sedan, Other
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Vehicle Self-dimming Mirror Market Report Segments:
The global Passenger 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
SUV, Sedan, Other
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 Passenger 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:
- SUV
- Sedan
- Other
- 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 Passenger 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
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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?
A passenger vehicle self-dimming mirror is a mirror that automatically darkens when the car is in motion to reduce the glare from oncoming headlights.
Some of the major companies in the passenger 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 Passenger 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 Passenger Vehicle Self-dimming Mirror Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Passenger 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 Passenger 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 Passenger Vehicle Self-dimming Mirror Market Size & Forecast, 2018-2028 4.5.1 Passenger Vehicle Self-dimming Mirror Market Size and Y-o-Y Growth 4.5.2 Passenger Vehicle Self-dimming Mirror Market Absolute $ Opportunity
Chapter 5 Global Passenger 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 Passenger 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 Passenger 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 Passenger Vehicle Self-dimming Mirror Market Size Forecast by Applications
6.2.1 SUV
6.2.2 Sedan
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger 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 Passenger 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 Passenger Vehicle Self-dimming Mirror Analysis and Forecast
9.1 Introduction
9.2 North America Passenger 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 Passenger 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 Passenger Vehicle Self-dimming Mirror Market Size Forecast by Applications
9.10.1 SUV
9.10.2 Sedan
9.10.3 Other
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 Passenger Vehicle Self-dimming Mirror Analysis and Forecast
10.1 Introduction
10.2 Europe Passenger 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 Passenger 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 Passenger Vehicle Self-dimming Mirror Market Size Forecast by Applications
10.10.1 SUV
10.10.2 Sedan
10.10.3 Other
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 Passenger Vehicle Self-dimming Mirror Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passenger 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 Passenger 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 Passenger Vehicle Self-dimming Mirror Market Size Forecast by Applications
11.10.1 SUV
11.10.2 Sedan
11.10.3 Other
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 Passenger Vehicle Self-dimming Mirror Analysis and Forecast
12.1 Introduction
12.2 Latin America Passenger 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 Passenger 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 Passenger Vehicle Self-dimming Mirror Market Size Forecast by Applications
12.10.1 SUV
12.10.2 Sedan
12.10.3 Other
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) Passenger Vehicle Self-dimming Mirror Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passenger 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) Passenger 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) Passenger Vehicle Self-dimming Mirror Market Size Forecast by Applications
13.10.1 SUV
13.10.2 Sedan
13.10.3 Other
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 Passenger Vehicle Self-dimming Mirror Market: Competitive Dashboard
14.2 Global Passenger 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