The Global Auto Dimming Mirror Market industry was estimated at $1.86 billion in 2018 and is expected to hit $2.77 billion by 2027, registering a CAGR of 5% from 2021 to 2027.
Auto-dimming mirrors improve the driver’s visibility by controlling or eliminating glare from the headlights of a rear vehicle, allowing for safer driving. The mirror is equipped with a sensor that detects light from the tailing vehicle’s headlights, which uses a process called electrochromism to darken the mirror to eliminate glare. These types of mirrors are made up of a variety of advanced sensors and electrochromic materials, which absorb and reflect light in different ways when a voltage is passed through them. This sensor looks for a brighter light source at night or when lighting is poor. When it detects a change in light intensity, it creates an electric charge through a low-voltage power supply inside the mirror. This charge travels through the electrochromic material and controls the dimming of the inner and outer mirrors. Auto-dimming mirrors form an integral part of vehicles as they significantly improve the safety of not only the driver but also the passengers. In addition, these types of mirrors can also include various functions such as microphones, compasses, and safety camera systems.
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Market Segments
By Application
- Inside rear-view mirror
- Outside rear-view mirror
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
By Fuel Type
- ICE
- Hybrid
- Electric
Key Players
Some of the leading manufacturing companies operating in this market are, Gentex Corporation (U.S.), Magna International, Inc. (U.S), Honda Lock Manufacturing Co., Ltd. (U.S.), FLABEG Holding GmbH (England), Metagal Industria E Comercio Ltda. (U.S.), Tokai Rika Co., Ltd. (U.S.), Ficosa International (Japan), Murakami Kaimeido (Germany), and Samvardhana Motherson Group (U.S.),among others.
Scope of the Report
The research study analyzes the global Auto Dimming Mirror industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Auto Dimming Mirror Market Report
1. What was the Auto Dimming Mirror Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Auto Dimming Mirror Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Auto Dimming Mirror Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Auto Dimming Mirror market.
- The market share of the global Auto Dimming Mirror market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Auto Dimming Mirror market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Auto Dimming Mirror market.
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