Global Auto Dimming Mirror Market with Impact of Covid-19 And Forecast 2021-2027 | Top Keyplayers -Gentex, Konview, Germid, Flabeg, SL Corporation, TOKAI RIKA CO., LTD

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.

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.

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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.

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.

Auto Dimming Mirror 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.

Top key Players Analysis

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

  • Commercial Vehicle
  • Passenger Vehicle

By Fuel Type

  • ICE
  • Electric
  • Hybrid

By Application

  • Inside rear-view mirror
  • Outside-rare-view mirror

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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