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Smart Mirror Market Analysis 2021, Development And Profitability with Major Key Players - Panasonic Corporation, Gentex Corporation, Samsung Electronics Co., Ltd., Magna International Inc.

12-13-2021 02:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Smart Mirror Market

Smart Mirror Market

According to a study published by Coherent Market Insights, the Smart Mirror Market is expected to reach US$ 1,578.3 million by 2027, growing at a CAGR of 12.8 % from 2020 to 2027.

The research report given by CMI on "Smart Mirror Market" 2021 provides extensive information on leading competitors, growth plans, and market investors, among other things. This Smart Mirror Market report provides a comprehensive and in-depth analysis of the current state of the market segments, including product types, applications, capacity, production, market share, price, revenue, growth rate, consumption, and other factors. The research on the Smart Mirror Market dynamics examines the company regulatory environment, technical advancements in related industries, and strategic options.

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Key Players Involved in the 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.

A smart mirror can be any mirror that is highly functional. With the layers of different smart materials, smart mirror technologies offer self-dimming, self-cleaning, and self-repairing capabilities. Smart mirror technologies include embedded electronics such as cameras, displays, and sensors, which aid in the conversion of a simple mirror into an electronic device. Advertising, healthcare, consumer, and automotive are just a few of the uses for smart mirrors. Due to many considerations such as design/style, comfort/convenience, and safety, digital smart mirrors are rapidly gaining traction.

Market Trends:

• The government is increasingly supporting the installation of rearview smart mirrors.

According to the National Highway Traffic Safety Administration (NHTSA), on-road automobiles in the United States could save roughly 55–60 deaths per year if they were outfitted with rear-view smart vision systems.

• Consumers are becoming more interested in using smart mirrors in their homes.

Consumers in North America are progressively adopting smart mirrors for a variety of applications in healthcare and other industries, including kitchen TV, bathroom TV, smart interactive mirrors, and so on.

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Market Driver:

• During the projected period, the global smart mirror market is likely to benefit from rising demand from key sectors.

Smart mirrors' application field is expanding due to advancements and new product additions. It is currently employed in the embryonic stage in modern trade, for example. In order to stay competitive in the market, many online platforms are introducing smart mirrors. Furthermore, to attract customers and increase sales, modern retailers are placing smart mirrors in their establishments.

Segmentations Covered in Smart Mirror Market:

• By Component

Displays
Camera
Sensors
Other

• By Application

Automotive
Consumer & Residential
Healthcare
Retail Sector & advertising

• By Region

North America
Latin America
Asia Pacific (APAC)
Europe
Middle East & Africa

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The following questions will be addressed in this research report:

• Who are the leading Smart Mirror players, and what are their global business plans?
• Where do the majority of Smart Mirrors come from?
• What is the estimated market size and growth potential for Smart Mirrors in 2027?
• What are the major factors influencing the growth of the Smart Mirror market?
• What reasons are limiting the global Smart Mirror market's growth, and what obstacles do the leading market competitors face?

Contact us:
Mr.Shah
US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights -
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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