Global Auto Dimming Mirror Market Share Analysis 2024, Forecast To 2033
14 Feb, 2024
Experiencing robust growth, the auto-dimming mirror market is set to increase from $2.12 billion in 2023 to $2.25 billion in 2024, reflecting a 5.9% CAGR. Historic growth is driven by increased awareness of driver safety, integration of advanced driver assistance systems, growing demand for commercial vehicles, safety regulations promoting anti-glare mirrors, and demand for luxury vehicles. The market is poised for strong growth, reaching $2.88 billion in 2028, with a 6.3% CAGR. Anticipated trends include the adoption of electric and autonomous vehicles, advanced sensors in auto-dimming mirrors, connected car ecosystem growth, and a focus on driver comfort.
Global Auto Dimming Mirror Market Key Driver
The auto-dimming mirror market is expected to grow with the surge in the automotive industry. Auto-dimming mirrors, reducing glare and distractions for drivers, align with the increasing sales of automobiles. India's 5.8% sales growth in May 2022 and a 19.7% increase in premium car sales in December 2021 indicate the automotive industry's contribution to the auto-dimming mirror market.
Get A Free Sample Of The Global Auto Dimming Mirror Market ReportGlobal Auto Dimming Mirror Market Segments
The auto-dimming mirror market covered in this report is segmented –
1) By Fuel Type: Internal Combustion Engine, Hybrid, Electric
2) By Vehicle Type: Passenger Vehicle, Commercial Vehicle
3) By Functionality Type Market: Connected Auto-Dimming Mirror, Non-connected Auto-Dimming Mirror
4) By Application Type: Inside Rear-View Mirror, Outside Rear-View Mirror
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacificwas the largest region in the auto-dimming mirror market in 2023. North America is expected to be the fastest growing region in the forecast period. The regions covered in the auto-dimming mirror market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Auto Dimming Mirror Industry Players
Ficosa International SA; Flabeg Automotive Glass Group GMBH; Gentex Corporation; Honda Lock Mfg. Co. Ltd.; Konview Electronics Corporation Limited; Magna International Inc.; Murakami Corporation; Shenzhen Germid Co. Ltd.; Samvardhana Motherson Group; Tokairika Co. Ltd.; SL Corporation; Ichikoh Industries Ltd.; Metagal Industria E-commercio Ltd.; Fuyao Glass Industry Group Co. Ltd.; Dura Automotive Systems; Webasto SE; Glas Trösch Holding AG; Shanghai Ganxiang Automobile Electric Co. Ltd.; Shanghai Yaxing Automotive Electronics Co. Ltd.; Yantai Autobest Industry Co. Ltd.; ZKW Group; Kyocera Corporation; Donnelly Corporation; Ishizaki Honten Co. Ltd.; Visiocorp plc; Continental AG; Valeo SA; Denso Corporation; Robert Bosch GmbH; ZF Friedrichshafen AG
Get The Full Global Auto Dimming Mirror Market Report
Auto Dimming Mirror Market Overview
An auto-dimming mirror refers to mirrors that are made up of a mirror and an electronic system that uses photo sensors to detect light from the front and back. These mirrors are used to improve visibility and safety at night while driving. These can dim the light reflecting from their surface by considerably reducing the glare of light from following vehicles on busy routes at night.
Auto Dimming Mirror Global Market Report 2023 provides data on the global auto dimming mirror market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The auto dimming mirror market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.