Market Overview:
The global Vehicle Auto Dimming 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 disposable income of consumers, and technological advancements in auto dimming mirror technology. The global Vehicle Auto Dimming Mirror market is segmented on the basis of type into inside auto dimming mirror and outer auto dimming mirror. The passenger vehicle segment is expected to account for the majority share of the global Vehicle Auto Dimming Mirror market during the forecast period, followed by commercial vehicles. On the basis of region, North America is expected to hold a major share of the global Vehicle Auto Dimming Mirror market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A vehicle auto-dimming mirror is a rearview mirror that automatically darkens to reduce glare from headlights of vehicles behind you. This is done by a photocell that detects the light intensity of the headlights and adjusts the mirror's surface to minimize reflections.
Inside Auto Dimming Mirror:
The global inside auto dimming mirror market size was valued at USD 6.5 billion in 2016 and is expected to witness a CAGR of XX% over the forecast period.
Outer Auto Dimming Mirror:
Outer auto dimming mirror is a type of automotive rearview mirror that has an advanced sensor system integrated into the outer edge. The technology helps in sensing the vehicles directly behind and automatically adjust the headlight beam to provide enhanced visibility. It does this by sensing the ambient light and adjusting accordingly.
The market for outer auto dimming mirrors is expected to witness significant growth over the forecast period owing to several benefits offered by these products such as better comfort, safety,.
Application Insights:
The passenger vehicle segment dominated the global market in 2017. The growing sales of passenger vehicles are attributed to the increasing disposable income and population in developing countries such as India, China and Brazil. Moreover, governments from various countries have made it mandatory for all new cars to be equipped with auto-dimming mirrors due to safety concerns. For instance, Euro 1 and 2 Regulation states that all new car models must be equipped with automatic dimming rearview mirrors by June 2019.
Commercial vehicles are expected to grow at a significant rate over the forecast period owing to rising demand for trucks across developed nations such as U.S.
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 regional market further.
Growth Factors:
- Increasing demand for luxury and comfort in vehicles
- Rising awareness about the benefits of vehicle auto dimming mirror
- Technological advancements in the field of vehicle auto dimming mirror
- Growing demand for eco-friendly and energy-efficient products
- Increasing number of accidents due to poor visibility
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Auto Dimming Mirror Market Research Report
By Type
Inside Auto Dimming Mirror, Outer Auto Dimming Mirror
By Application
Passenger Vehicle, Commercial Vehicles
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Auto Dimming Mirror Market Report Segments:
The global Vehicle Auto Dimming Mirror market is segmented on the basis of:
Types
Inside Auto Dimming Mirror, Outer 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 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
Highlights of The Vehicle Auto 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:
- Inside Auto Dimming Mirror
- Outer Auto Dimming Mirror
- 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 Vehicle Auto 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?
A vehicle auto dimming mirror is a mirror that automatically adjusts its brightness to match the surrounding light. This feature can help reduce glare and improve your visibility while driving.
Some of the major companies in the vehicle auto dimming mirror market are Gentex, Magna International, Tokai Rika, Ichikoh (Valeo), Murakami, Sincode, SL Corporation, Germid.
The vehicle auto dimming mirror 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 Vehicle Auto 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 Vehicle Auto Dimming Mirror Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Auto 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 Vehicle Auto 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 Vehicle Auto Dimming Mirror Market Size & Forecast, 2020-2028
4.5.1 Vehicle Auto Dimming Mirror Market Size and Y-o-Y Growth
4.5.2 Vehicle Auto Dimming 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 Inside Auto Dimming Mirror
5.2.2 Outer 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 Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Auto 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 Vehicle Auto 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 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 Inside Auto Dimming Mirror
9.6.2 Outer 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 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 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 Inside Auto Dimming Mirror
10.6.2 Outer 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 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 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 Inside Auto Dimming Mirror
11.6.2 Outer 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 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 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 Inside Auto Dimming Mirror
12.6.2 Outer 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 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) 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 Inside Auto Dimming Mirror
13.6.2 Outer 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 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 Vehicle Auto Dimming Mirror Market: Competitive Dashboard
14.2 Global Vehicle Auto 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
