Automotive Mirror Dimming Market To Grow At Exponential Growth Rate From 2019 To 2023 - Key Players Analysis By Ficosa International, Honda Lock, FLABEG Automotive Holding, SL Corporation, Konview Electronics Corporation, And Magna International

Automotive Mirror Dimming Market 2019 Global Industry Forecast to 2023 is latest Global Automotive Mirror Dimming Industry research report published by "Market Research Future". Automotive Mirror Dimming Market Size is poised to grow at 4 % compound annual growth rate and reach remarkable value by 2023 globally. For depth analysis, Global Automotive Mirror Dimming Market is segmented by Fuel Type (Battery Electric Vehicle (BEV), Internal Combustion Engine (ICE) and Hybrid Vehicle), Application (Inside Rear-View Mirror (IRVM) and Outside Rear-View Mirror (ORVM)), Vehicle Type (Passenger Vehicle and Commercial Vehicle), Functionality (Connected and Non-Connected) and Region

Global Automotive Mirror Dimming Industry Highlights:

The safety of vehicles and passengers has become a major concern of the vehicle buyers due to the growing deaths occurring every year. In order to reduce such road accidents, Original Equipment Manufacturers are implementing safety features in automotive mirrors, thereby driving the global market. For instance, according to the global status report on road safety, approximately 1.2 million road traffic deaths occur every year.

Get Sample Copy Of "Automotive Mirror Dimming Industry Research Report - Global Forecast to 2023" @ https://www.marketresearchfuture.com/sample_request/4826

Gentex Corporation (U.S), Samvardhana Motherson Group (India), Magna International Inc. (Canada), Ficosa International S.A. (Spain), Ichikoh Industries, Ltd. (Japan), Murakami Corporation (Japan), TOKAIRIKA, CO, LTD. (Japan), SL Corporation (South Korea), Honda Lock Mfg. Co., Ltd. (Japan), FLABEG Automotive Holding GmbH (Germany), Global Media Industry Group Co. (China) and Konview Electronics Corporation Limited. (China).

Global automotive mirror dimming market augments the safety and ease of the driver, as they do not require the driver to adjust the inside rear-view mirror (IRVM) and outside rear-view mirror (ORVM). Automotive mirror dimming can control the movement of the rear-view mirror at various speeds when the system is switched on. Improvement in the technological advancement, rise in production of vehicles, and increase in demand for luxury features, are the key factors that drive the automotive mirror dimming market. Implementation of automotive mirror dimming, is driven by the rise in use of advanced electrical features in vehicles. However, their demand has increased due to rise in the number of road accidents, across the world. The overall cost of vehicles has increased due to the integration of advanced electrical feature, which acts as a restraint to the automotive mirror dimming market.

The global automotive mirror dimming market is presumed to expand at 4 % CAGR over the forecast period (2017-2023) owing to the rising concern about vehicle and passenger safety, asserts Market Research Future (MRFR). Automotive mirror dimming are driver aids which minimize glare generated by headlight beams of vehicles while traveling during night. Automotive mirror dimming can augment driver safety and comfort when coupled with other automotive safety systems like park assist systems and blind spot detection.

The safety of vehicles and passengers has become a major concern of the vehicle buyers due to the growing deaths occurring every year. In order to reduce such road accidents, Original Equipment Manufacturers are implementing safety features in automotive mirrors, thereby driving the global market. For instance, according to the global status report on road safety, approximately 1.2 million road traffic deaths occur every year. The automotive mirror dimming offer safety and comfort to the drivers as they do not have to adjust the inside and outside rear-view-mirror. They can automatically control the movement of the mirrors at various speeds when the system is turned on. With the growing technological advancements, rising demand for luxury features, and increasing production of vehicles are some of the major factors impacting the market growth positively.

Automotive Mirror Dimming Industry Segments Analysis:

Global automotive mirror dimming market has been segmented based on fuel types, applications, vehicle types, functionalities and regions. Based on fuel types the market is segmented as battery electric vehicle (BEV), internal combustion engine (ICE) and hybrid vehicle. Battery electric vehicle is expected to grow at the highest rate due to increase in production of new electric vehicle, across the globe. Based on applications, the market is segmented as inside rear-view mirror (IRVM), and outside rear-view mirror (ORVM). Inside rear-view mirror (IRVM) is expected to have the highest share of the global automotive mirror dimming market owing to its growing application, in all types of vehicles. Based on functionalities the market is segmented as connected and non-connected. Connected auto dimming mirrors stand for dimming mirrors integrated with various other features to provide safety and convenience to drivers while driving. Based on vehicle type the market is segmented as passenger vehicle and commercial vehicle. Passenger vehicle is expected to hold the highest share in global automotive mirror dimming market due to rise in the sales of passenger vehicle.

Automotive Mirror Dimming Market Regional Analysis:

Geographically, the market spans across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World.

 Among all the regions, Asia Pacific is likely to lead the global market closely followed by Europe and North America. Owing to the development of automotive manufacturing industries in countries such as India and China, the market is anticipated to foster in the coming years. Moreover, innovation in engineering, availability of low-cost automation in manufacturing, focus on sustainability and fuel efficiency, and growing level of vehicle production is likely to trigger the demand for automotive mirror dimming market in this region.

Table Of Contents:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Stud

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Automotive Mirror Dimming Industry Size Estimation

2.4 Forecast Model

3 Automotive Mirror Dimming market Dynamics

3.1 Automotive Mirror Dimming market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter's Five Forces Analysis

4.1 Introduction

4.2 Forward Collision Warning

4.3 Dynamic Brake Support

4.4 Crash Imminent Braking

Continued...

For more information on this Automotive Mirror Dimming Industry - Global Market Report @ https://www.marketresearchfuture.com/reports/automotive-mirror-dimming-market-4826

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:

Market Research Future

Office No. 528,

Amanora Chambers Magarpatta Road,

Pune, India.,

sales@marketresearchfuture.com

This release was published on openPR.