Market Overview:
The global self-dimming mirrors market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 5.5% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The market is expected to be valued at US$ 3,584.4 Mn by 2030 end. The outer self-dimming mirrors segment is anticipated to account for a larger share of the global self-dimming mirrors market in terms of value, as compared to the inner self-dimming mirror segment during the forecast period. The passenger vehicle application segment is expected hold dominant share in terms of revenue contribution throughout the forecast period followed by commercial vehicles application segment.
Product Definition:
Self-dimming mirrors are mirrors that automatically adjust the amount of light that is reflected off of them, depending on the brightness of the environment around them. This is important because it allows drivers to see clearly when there is a lot of light in the environment, such as during the daytime, and also when there is not very much light in the environment, such as at night.
Inside Self-dimming Mirrors:
Self-dimming mirrors are used in automobiles to reduce the brightness of the vehicle's exterior lights so that they do not illuminate other drivers on the road. The technology was first implemented in expensive and high-end cars, which accounted for a smaller share of overall market at that time. However, with growing adoption among mid-segment and compact car owners as well as premium sedan buyers, self-dimming mirrors have slowly but steadily made their way into more affordable vehicles over recent years.
Outer Self-dimming Mirrors:
Outer self-dimming mirrors are used in places where there is a need to control the light falling on to the road or path. It can be used at traffic signals, railway level crossing, carriageway edge and airport perimeter fence. They help drivers by providing a clear view while driving at night or in bad weather conditions.
Application Insights:
The global self-dimming mirrors market, by application, is segmented into passenger vehicle and commercial vehicles. The passenger vehicle segment held the largest share of over 70.0% in 2017 owing to the growing demand for automobiles across various regions including Asia Pacific and Europe. In addition, increasing disposable income among consumers in developing countries such as China and India is expected to fuel product demand over the forecast period.
The commercial vehicles segment is anticipated to witness significant growth during the forecast period on account of rising applications in trucks, buses.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for various self-dimming mirrors owing to growing number of accidents on roads. Increasing adoption of electric vehicles in countries such as China and India is also likely to propel product demand over the next eight years.
Europe accounted for a significant share of revenue in 2017, which can be attributed to stringent regulations laid down by traffic police departments regarding driving habits, especially at night time.
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly products
- Rising awareness about the benefits of self-dimming mirrors
- Growing popularity of smart homes and home automation systems
- Proliferation of internet of things (IoT) technology
- Advances in mirror manufacturing technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-dimming Mirrors Market Research Report
By Type
Inside Self-dimming Mirrors, Outer Self-dimming Mirrors
By Application
Passenger Vehicle, Commercial Vehicles
By Companies
Gentex, Magna International, Tokai Rika, Ichikoh (Valeo), Murakami, Sincode, SL Corporation, Germid, Gentex
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Self-dimming Mirrors Market Report Segments:
The global Self-dimming Mirrors market is segmented on the basis of:
Types
Inside Self-dimming Mirrors, Outer Self-dimming 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 International
- Tokai Rika
- Ichikoh (Valeo)
- Murakami
- Sincode
- SL Corporation
- Germid
- Gentex
Highlights of The Self-dimming 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 Self-dimming Mirrors
- Outer Self-dimming 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 Self-dimming 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Self-dimming mirrors are a type of mirror that can automatically adjust the brightness of the mirror to match the surrounding light. This is helpful for people with vision problems or who want to avoid being blinded by bright sunlight.
Some of the key players operating in the self-dimming mirrors market are Gentex, Magna International, Tokai Rika, Ichikoh (Valeo), Murakami, Sincode, SL Corporation, Germid, Gentex.
The self-dimming mirrors market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Self-dimming 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 Self-dimming Mirrors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Self-dimming 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 Self-dimming 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 Self-dimming Mirrors Market Size & Forecast, 2018-2028
4.5.1 Self-dimming Mirrors Market Size and Y-o-Y Growth
4.5.2 Self-dimming Mirrors Market Absolute $ Opportunity
Chapter 5 Global Self-dimming 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 Self-dimming Mirrors Market Size Forecast by Type
5.2.1 Inside Self-dimming Mirrors
5.2.2 Outer Self-dimming Mirrors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Self-dimming 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 Self-dimming 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 Self-dimming 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 Self-dimming 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 Self-dimming Mirrors Analysis and Forecast
9.1 Introduction
9.2 North America Self-dimming 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 Self-dimming Mirrors Market Size Forecast by Type
9.6.1 Inside Self-dimming Mirrors
9.6.2 Outer Self-dimming 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 Self-dimming 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 Self-dimming Mirrors Analysis and Forecast
10.1 Introduction
10.2 Europe Self-dimming 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 Self-dimming Mirrors Market Size Forecast by Type
10.6.1 Inside Self-dimming Mirrors
10.6.2 Outer Self-dimming 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 Self-dimming 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 Self-dimming Mirrors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Self-dimming 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 Self-dimming Mirrors Market Size Forecast by Type
11.6.1 Inside Self-dimming Mirrors
11.6.2 Outer Self-dimming 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 Self-dimming 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 Self-dimming Mirrors Analysis and Forecast
12.1 Introduction
12.2 Latin America Self-dimming 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 Self-dimming Mirrors Market Size Forecast by Type
12.6.1 Inside Self-dimming Mirrors
12.6.2 Outer Self-dimming 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 Self-dimming 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) Self-dimming Mirrors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Self-dimming 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) Self-dimming Mirrors Market Size Forecast by Type
13.6.1 Inside Self-dimming Mirrors
13.6.2 Outer Self-dimming 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) Self-dimming 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 Self-dimming Mirrors Market: Competitive Dashboard
14.2 Global Self-dimming Mirrors 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
14.3.9 Gentex
