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Global Automotive Auto Dimming Mirror Market Expected Substantial Growth in the Coming Years Due to Increasing Concerns for Passenger Safety
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On the basis of type, the global automotive auto dimming mirror market is segmented into connected and non-connected dimming mirror. On the basis of vehicle type, the automotive auto dimming mirror market is bifurcated into passenger car (PC) and light commercial vehicle (LCV). On the basis of application, automotive auto dimming mirror market is categorized into inside rear-view mirror (IRVM) and outside rear-view mirror (ORVM). IRVM is expected to hold the largest share in the industry during the forecast period, owing to its extensive usage in automobiles coupled with additional safety features incorporated in them, such as weather condition, navigation, temperature display etc.
Globally, Asia-Pacific has been the largest automotive auto dimming mirror market till now. The increasing vehicle sales, especially of passenger cars in countries such as China and India, are expected to benefit the market.
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One of the major players in the industry is Gentax Corporation. The company manufactures and sells auto dimming mirrors and camera-based driver assistance systems for automobiles. The company supplies mirrors to several automotive companies including Ford Motor Company, Audi AG, Fiat Chrysler Automobiles NV, BMW Group, General Motors, and Rolls-Royce Holding PLC.
The other leading players in the industry include Samvardhana Motherson Reflectec Group Holdings Limited, Ficosa International, S.A., MURAKAMI CORPORATION, Magna International Inc., ICHIKOH INDUSTRIES, LTD., and Konview Electronics Corporation Limited.
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