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Smart Mirror Market Global Outlook: Japan Display Inc., Gentex Corporation, Magna International Inc., Samsung Electronics, Murakami Kaimeido, Seura and More

10-10-2018 03:29 PM CET | Industry, Real Estate & Construction

Press release from: Research Beam

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Smart Mirror Market Global Outlook: Japan Display Inc., Gentex

According to the latest research report added on ResearchBeam.com, the global smart mirror market was valued at $1,750.0 million in 2017, and is projected to reach $4,118.7 million by 2025, registering a CAGR of 11.5% from 2018 to 2025.

Smart mirror is a device in which three-dimensional attributes of an object are captured along with information such as color and texture. This technology helps in saving time, cost, and efforts during the manufacturing process and improves the quality of the output.

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A smart mirror is an advanced mirror, which is equipped with technologies such as self-dimming capability, self-cleaning, and other embedded electronics component. The user can access the device and interact with contextual information by giving commands. These commands can be either recognized by touch, voice, or gestures. The study covers smart mirrors utilized in industry verticals such as residential, automotive, retail, and others. In automotive industry, electrochromic auto dimming rearview and side-view mirrors are considered.

The companies operating in the market have adopted strategies such as collaboration, partnership, product launch, R&D, and acquisition to increase their market share and expand their geographical presence.

The report includes the study of the global smart mirror market with respect to the growth prospects and restraints based on the regional analysis. Moreover, it includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

The key players profiled in the report include Japan Display Inc., Gentex Corporation, Magna International Inc., Samsung Electronics, Murakami Kaimeido, Seura, Perseus Mirrors, Ficosa, Dension, and Electric Mirror.

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The smart mirror market is segmented on the basis of component, end user, and region. Based on component, the market is divided into hardware, software, and services. By end user, it is classified into automotive, healthcare, retail, residential, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Related Report:

Global Automotive Mirror System Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

This report focuses on the Automotive Mirror System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The worldwide market for Automotive Mirror System is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.

Read More: https://www.researchbeam.com/global-automotive-mirror-system-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023-market?utm_source=OPR&utm_medium=CC

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We have a large database of quality and precise market research reports that will be very beneficial for your organization. Reports that we sell our authentic in nature and from reputed publishers, hence it can definitely help you with your growth opportunities.

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