The global automotive auto dimming mirror market was valued at more than 92 million units in 2016 and is expected to reach almost 120 million units by 2021, says Technavio.
Technavio has announced its latest market research report on the global automotive auto dimming mirror market, under its automotive electronics portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors such as Gentex, Magna International, Samvardhana Motherson, Ficosa, and Murakami.
According to Neelam Barua, a lead analyst for automotive electronics research at Technavio, “Vendors in the market are offering smart mirrors with advanced features such as temperature readings, travel calculations, and weather conditions.”
Auto dimming mirrors equipped with a rearview camera display and advanced sensors are being introduced as well. Some mirrors are equipped with a compass or temperature display while others can be equipped with headlight control sensors or a driver interface.
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Growing focus on mid and small-segment cars with advanced safety and convenience features
Dimming mirrors are currently found in premium cars, especially in developed countries. During the forecast period, vehicle manufacturers are expected to shift their focus toward developing countries and mid and small-segment cars.
Increased investments in R&D
Auto dimming mirrors consist of circuits, electrodes, reflective coating, electrochromic material, and glare sensors, which undergoes constant innovation. In addition, the number of new electronic systems demanded by the global automotive market necessitates a continual restructuring of the R&D of supplier companies.
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This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Automotive Auto Dimming Mirror Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Automotive Surround View Systems Market 2016-2020
- Global Automotive Night Vision System Market 2016-2020
- Global Rear-seat Infotainment 2016-2020
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