Global Auto Dimming Mirror Market
An auto dimming mirrors are used to improve the visibility of driver by controlling and removing glares caused by the headlights of a tailing vehicle. These products are equipped with sensors that detect lights from the headlights of tailing vehicles & eradicate the glare by darkening the mirror through a process known as electrochromic.
Auto dimming mirrors are also referred as electrochromic or electronic chromic mirrors. They turn dark automatically according to the brightness emitted by the headlights & then clear out after the brightness fades out. These mirrors are designed to improve night vision for the safety of the driver. These types of mirrors consists various electrochromic material & advanced sensors that absorbs & reflects light in a different manner, when an electric voltage is passed through it.
Market Drivers
The increase in the incorporation of auto dimming mirrors in vehicles from the past few years is expected to fuel the growth of global auto dimming mirror market growth over the forecast period. These mirrors ensure safety of the driver while driving areas where there is low/ no light. The rise in incidences of night accidents due to blind spots will drive the global auto dimming mirror market growth. The increase in government initiatives will positively influence the market growth. For instance, government organizations in the North America region have issued orders to install auto dimming mirrors in vehicles to reduce risk of night accidents.
The rise in need for safer and broader visibility and the easy & low installation costs are some driving factors which will accelerate the market growth during this forecast time period. The growing demand for auto dimming with advanced features is expected to further boost the market growth. Moreover, ongoing technological advancements in the automotive industry will support the global auto dimming mirror market growth.
Market Restraints
The growing use of camera and display based systems as a mirror act as a market restraint which expected to hamper the global auto dimming mirror market growth. Also, the high replacement costs of auto- dimming mirrors as compared to conventional mirrors may limit the growth of the global auto dimming mirror market.
Market Segmentation
The Global Auto Dimming Mirror Market is segmented into Vehicle Type, Fuel Type, and region.
On the basis of vehicle type market is segmented into Commercial Vehicle, and Passenger Vehicle, by fuel type market is segmented into ICE, Electric, and Hybrid. Further, market is segmented into application such as inside rear-view mirror and Outside-rare-view mirror.
Also, the Global Auto Dimming Mirror Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Regional Analysis
The Asia Pacific is projected to account for the majority market share over the forecast period, due to increase in the production and sales of vehicles in this region from past few years. China will be a major revenue contributor in Asia Pacific Region. It has a large manufacturing base for affordable vehicles equipped with the latest technologies. South Korea & India are also major contributors in this region.
The North America is expected to account for significant growth in near future in this region United States is the major revenue contributor due to the rise in vehicle manufacturing & the growing installation of advanced features in the vehicles.
Also, the Europe is expected to hold high growth rate over the upcoming years as countries including Italy, Germany, and UK have flourishing automobile industries.
Market key Players
Some of the key operating players in the Global Auto Dimming Mirror Market are Gentex, Konview, Germid, Flabeg, SL Corporation, TOKAI RIKA CO., LTD, ICHIKOH INDUSTRIES, LTD., Ficosa Automotive, Magna International, Samvardhana Motherson Peguform, etc.
Market Taxonomy
By Vehicle Type
By Fuel Type
By Application
By Region
Key Questions Addressed by the Report
Global Auto Dimming Mirror Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Auto Dimming Mirror Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Auto Dimming Mirror Market, By Vehicle Type
5.1 Y-o-Y Growth Comparison, By Vehicle Type
5.2 Global Auto Dimming Mirror Market Share Analysis, By Vehicle Type
5.3 Global Auto Dimming Mirror Market Size and Forecast, By Vehicle Type
5.3.1 Commercial Vehicle
5.3.2 Passenger Vehicle
6 Global Auto Dimming Mirror Market, By Fuel Type
6.1 Y-o-Y Growth Comparison, By Fuel Type
6.2 Global Auto Dimming Mirror Market Share Analysis, By Fuel Type
6.3 Global Auto Dimming Mirror Market Size and Forecast, By Fuel Type
6.3.1 ICE
6.3.2 Electric
6.3.3 Hybrid
7 Global Auto Dimming Mirror Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Auto Dimming Mirror Market Share Analysis, By Application
7.3 Global Auto Dimming Mirror Market Size and Forecast, By Application
7.3. 1 Inside rear-view mirror
7.3.2. Outside-rare-view mirror
8Global Auto Dimming Mirror Market, By Region
8.1 Global Auto Dimming Mirror Market Share Analysis, By Region
8.2 Global Auto Dimming Mirror Market Share Analysis, By Region
8.3 Global Auto Dimming Mirror Market Size and Forecast, By Region
9 North America Auto Dimming Mirror Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America Auto Dimming Mirror Market Share Analysis, By Vehicle Type
9.3 North America Auto Dimming Mirror Market Size and Forecast, By Fuel Type
9.4 North America Auto Dimming Mirror Market Size and Forecast, By Application
9.5 North America Auto Dimming Mirror Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeAuto Dimming Mirror Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe Auto Dimming Mirror Market Share Analysis, By Vehicle Type
10.3 Europe Auto Dimming Mirror Market Size and Forecast, By Fuel Type
10.4 Europe Auto Dimming Mirror Market Size and Forecast, By Application
10.5 Europe Auto Dimming Mirror Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Auto Dimming Mirror Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific Auto Dimming Mirror Market Share Analysis, By Vehicle Type
11.3 Asia Pacific Auto Dimming Mirror Market Size and Forecast, By Fuel Type
11.4 Asia Pacific Auto Dimming Mirror Market Size and Forecast, By Application
11.5 Asia Pacific Auto Dimming Mirror Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Auto Dimming Mirror Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America Auto Dimming Mirror Market Share Analysis, By Vehicle Type
12.3 Latin America Auto Dimming Mirror Market Size and Forecast, By Fuel Type
12.4 Latin America Auto Dimming Mirror Market Size and Forecast, By Application
12.5 Latin America Auto Dimming Mirror Market Size and Forecast, Country
13Middle East Auto Dimming Mirror Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East Auto Dimming Mirror Market Share Analysis, By Vehicle Type
13.3 Middle East Auto Dimming Mirror Market Size and Forecast, By Fuel Type
13.4 Middle East Auto Dimming Mirror Market Size and Forecast, By Application
13.5 Middle East Auto Dimming Mirror Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Gentex
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Konview
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Germid
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Flabeg
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 SL Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 TOKAI RIKA CO., LTD
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 ICHIKOH INDUSTRIES, LTD
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Ficosa Automotive
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Magna International
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Samvardhana Motherson Peguform
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
