Press release
Smart Mirror Market Scenario 2021: Industry Status, Growth, Opportunity and Competation Analysis 2027 (Panasonic, Gentex, Samsung, Magna International Inc., Tech2O, Pro Display)
The global Smart Mirror was accounted for US$ 641.0 Mn in terms of value and 2,337 Thousand Units in terms of volume in 2019 and is expected to grow at CAGR of 12.8% for the period 2020-2027.A smart mirror refers to a highly functioning advanced mirror that is manufactured by the integration of embedded electronics such as sensors, cameras, and displays. Smart mirrors provide a number of features such as internet connectivity and touchscreen option. Memory mirror is a large display that is comprised of cameras and other devices. They are used in showrooms to try on apparel. Furthermore, smart mirrors find applications in automotive, consumer, residential, retail, advertising, and medical & healthcare sectors.
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Many high-end apparel accessories stores and outlets are increasingly Smart Mirror Market replacing conventional mirrors with smart mirrors in trial rooms. This, in turn, will facilitate buyers to virtually view themselves wearing the product they wish to try without physically doing it so. These mirrors are installed with high-quality sensors with accurately scanning the buyer’s physical attributes and then replicating same dimensions onscreen in a virtual reflection, along with the selected apparel or accessory. For instance, in November 2015, Ralph Lauren installed a high-tech virtual fitting room, which is comprised of smart mirror from software company Labs GmbH.
Key Players in the Global Smart Mirrorss Market:-
Major companies involved in the global smart mirror market are Panasonic Corporation, Gentex Corporation, Samsung Electronics Co., Ltd., Magna International Inc., Tech2O, Pro Display, ad notam AG, Evervue, Murakami Kaimeido, and Perseus Mirrors.
Global Smart Mirrorss Market Taxonomy:-
This report segments the Global Smart Mirror Market on the basis of Component, Application and Region. On the basis of Component, Global Smart Mirror Market is segmented into Displays, Camera, Sensors and Others (Mic, Speaker, Other communication devices. On the basis of Application, the Global Smart Mirror Market is segmented into Automotive, Consumer & Residential, Healthcare and Retail Sector & advertising. On the basis of region, Global Smart Mirror Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
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Geographical Cover:-
• North America:U.S. and Canada
• Latin America:Brazil, Argentina, Mexico, and Rest of Latin America
• Europe:Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific:China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East and Africa:GCC Countries, South Africa, and Rest of Middle East and Africa
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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