openPR Logo
Press release

Global Auto Dimming Mirror Market Industry Trends, Estimation & Forecast, 2018 - 2025

01-21-2020 10:11 AM CET | Industry, Real Estate & Construction

Press release from: Digitsnmarkets

Auto Dimming Mirror Market Industry

Auto Dimming Mirror Market Industry

Auto-dimming mirrors helps in eliminating the glare from the headlights of a vehicle that enables the driver to stay focused and drive safely. These mirrors are equipped with sensors that can detect low light from the headlights and act accordingly.

The global market is primarily driven by the increasing awareness about vehicle and passenger safety. Also, the trend of integrating additional features in rear-view mirrors has led to a rise in demand for auto-dimming mirrors. OEMs have launched new variants in mirrors with advanced features for driver assistance. Therefore, growing need for safer and broader visibility, easy and low installation cost are some of the factor which drives the auto-dimming mirrors market.

“Global Auto-Dimming Mirror market was valued at USD 1.81 billion in 2018 and it is expected to reach more than USD 2.12 billion by 2025, likely to grow at a CAGR of 3.20% during the forecast period”
 
To request a sample copy or view summary of this report, click the link below: http://www.digitsnmarkets.com/sample/4135-auto-dimming-mirror-market

The interior mirror segment is projected to dominate the auto-dimming mirror market, in terms of value, during the forecast period. The use of interior dimming mirrors is imperative in all types of vehicles. Passenger cars and LCVs commonly have one interior dimming mirror comprising features such as blind-spot detection and park assist camera.

While The market for connected dimming mirror is estimated to witness the highest growth with 4.1% CAGR. connected auto-dimming mirrors stand for dimming mirrors integrated with various other features to provide safety and convenience to drivers while driving. Some of the features which come integrated with dimming mirrors are temperature display, Bluetooth and hands-free connectivity, and navigation. Due to the increasing adoption of connected dimming mirrors, the market for auto-dimming mirrors is expected to grow at the highest rate during the forecast period.

Asia-Pacific is estimated to dominate the auto-dimming mirror market during the forecast period. The region represents countries such as China, Japan, South Korea, and India with the world’s highest vehicle production. The demand for the automotive mirror is directly linked to the vehicle production in this region. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA) publication, these countries together contributed approximately 48% to the global vehicle production in 2016. The increasing purchasing power of people is also one of the key factors for the growth in the Asia Pacific region.
The auto-dimming mirror market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Magna (Canada), Samvardhana Motherson Reflectec (Germany), Ficosa (Spain), Gentex (US), and Murakami (Japan).

Contact Us :

Digits ‘N’ Markets
410 E Santa Clara Street, Unit #762
San Jose, CA 95113
Phone :+1 408-622-0123
Email: sales@digitsnmarkets.com
Website:- www.digitsnmarkets.com

About Digits N Markets:

Digits N Markets has a vast repository of latest market research reports on trending topics, niche company profiles, market size and other relevant data released by renowned publishers. We have access to the database related to niche markets and trending topics in various industries. We also update the data regularly to provide recent statistics to the client. Recent data and reports will be featured on our websites and clients will be able to access the same. Our clients will be able to benefit from qualitative & quantitative insights in the report which will support them in taking concrete business decisions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Auto Dimming Mirror Market Industry Trends, Estimation & Forecast, 2018 - 2025 here

News-ID: 1902131 • Views: 146

More Releases from Digitsnmarkets

Global Diabetic Neuropathy Treatment Market , Trends, Analysis, Opportunities, S …
Diabetic neuropathy cases are increasing worldwide, fueling the market growth. Diabetic neuropathy treatment is the second-highest contributor to global disability and an estimated 30% to 40% of people worldwide live with diabetic neuropathy. It is the most common illness in low- and middle-income countries which is the majority of the world, and this disorder requires lifelong care to manage. Thus Diabetic neuropathy treatment is one the most demand market in
Global Diphtheria Vaccine Market , Trends, Analysis, Opportunities, Share and Fo …
The growing incidence of diphtheria, tetanus, and pertussis coupled with rising worldwide governmental support for the vaccination programs are anticipated to drive the global DTaP vaccine market. Even though factors such as growing demand for the DTaP vaccine, rising Incidences of diphtheria, tetanus, and pertussis as well as raising awareness pertaining to the advantages of inoculation are driving global diphtheria, pertussis, and tetanus (DTaP) vaccine market. The scattered incidences of
Global DNA Vaccine Market , Trends, Analysis, Opportunities, Share and Forecast …
The global DNA vaccines market is experiencing significant growth because of factors such as the adoption of DNA vaccines in healthcare, low costs of DNA vaccines, and increasing investments in DNA technology. The increase in the prevalence of chronic diseases such as cancer, hepatitis, HIV and others is stimulating the growth of the global DNA vaccine market. Ease of large-scale manufacturing compared to the traditional approach and less storage requirement
Global Drone Market , Trends, Analysis, Opportunities, Share and Forecast – 20 …
Increasing the use of drones in commercial sectors such as media and entertainment, inspection, monitoring, surveying, and mapping is stimulating demand for drones. Governments all over the world are also implementing drones in public safety services, drones are widely used by law and enforcement agencies for surveillance that is stimulating its market. Drones are also used in infrastructure, scientific research and R&D, environmental studies, and disaster management activities. A

All 5 Releases


More Releases for Auto

Automotive Valve Market: Worldwide Auto-Accessory, SEECO, Dengyun Auto-parts
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Automotive Valve Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. This industry study presents the global Automotive Valve market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Valve production, revenue and market share by manufacturers, key regions and type; The consumption of Automotive Valve in volume terms are also provided for major countries
Auto Disable Syringes Market
According to a new report published by Data Bridge Market Research The global auto disable syringes market accounted to USD 8.0 billion in 2016 growing at a CAGR of 10.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Get Free Market Sample Report @ http://bit.ly/2D6yKaO Key
Dallas Auto Paint Offers The Best Auto Body Repair Services
Best Auto Body Repair Services in Dallas, TX Whether you have dents, dings, scratches, or any other collision damage, you require the help of a professional to fix your car and give it back its factory finish. Dallas Auto Paint is your best shot since they offer top notch services in Dallas. The team is qualified in providing the new paintless dent removal technique, which is quite fast and more efficient
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle. The company provides
Comprehensive Auto Care Solutions at Lucas Auto Care
[For_Immediate_Release] Houston, Texas (Press Release – Fabruary 02, 2011) – Car maintenance and repair is essential for all car owners. They want the best auto care solutions for their cars. Lucas Auto Care serves all essential needs by offering them complete packages for car maintenance and repair. Lucas Auto Care has a team of certified people that are very skilled at what they do (ASE-certified technicians) who are experts in not only
Comprehensive Auto Care Solutions at Lucas Auto Care
Quality auto care services are essential for owners of any vehicle. Lucas Auto Care offers comprehensive auto care solutions (from regular maintenance to complete repair and rebuilds) in the Houston area. [For_Immediate_Release] Houston, Texas (Press Release – October 25, 2010) – Car maintenance and repair is essential for all car owners. They want the best auto care solutions for their cars. Lucas Auto Care serves all essential needs by offering them complete