Press release
Reflections of Safety : Insights into the Auto Dimming Mirror Market Forecast, 2019-2026
According to a recent report published by Allied Market Research, titled, "Auto dimming mirror Market by Application, Vehicle Type and Fuel Type: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global auto dimming mirror market size was valued at $1.86 billion in 2018, and is projected to reach $2.77 billion by 2026, registering a CAGR of 5.3% from 2019 to 2026.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/5621
Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the Asia-Pacific auto dimming mirror market share in 2018, and is expected to maintain its lead during the forecast period.
Leading automobile manufacturers are introducing new range of automobiles with more advanced technology in mirrors and refinement, which, in turn, is anticipated to propel the growth of auto-dimming mirror market in North America.
For instance, Mazda, a Japanese multinational automaker, launched new model named Mazda2 with a feature of auto-dimming rear-view mirror. In addition, the auto-dimming market in Europe is anticipated to exhibit remarkable growth during the forecast period, owing to focus of automobile manufacturers on development of innovative safety technologies for automobiles.
The automobile industry giants in Asia-Pacific are introducing new range of vehicles with the feature of auto-dimming rear-view mirrors, which is anticipated to boost the growth of the market. For instance, on February 3, 2020, Tata Motors, an automotive manufacturer in India launched new Tata Harrier BS6, which has advanced and innovative technologies such as next-generation Kryotec diesel engine and auto-dimming rearview mirrors, which in turn is driving the growth of market. In addition, Asia-Pacific is the highest contributing region to the global auto dimming mirror market and is anticipated to maintain its lead during the forecast period.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/auto-dimming-mirror-market/purchase-options
Major automotive OEMs are providing auto dimming mirrors in their cars to increase safety of passengers and drivers. For instance, Volvo, a luxury vehicle brand, launched Volvo XC40 passenger car with auto dimming rear-view mirrors. Such factors are anticipated to drive demand for auto dimming mirrors in the passenger cars segment. Passenger vehicle is the largest segment in vehicle type as passenger cars segment dominates the global vehicles market and is anticipated to maintain its lead during the forecast period.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐ :
By application, the outside rear-view mirror segment is anticipated to grow at a lucrative growth rate.
By vehicle type, the passenger vehicle segment was the highest revenue contributor in 2018.
By region, Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
By region, Asia-Pacific contributed the highest auto dimming mirror market revenue in 2018, followed by Europe, North America, and LAMEA.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/5621
The key players analyzed in this report include Ficosa, Flabeg, Gentex corporation, Honda Lock, Konview, Magna, Murakami Corporation, SAMVARDHANA MOTHERSON GROUP, Shenzhen Germid Co., Ltd., Tokairika, Co, Ltd., and others.
๐๐จ๐ง๐ญ๐๐๐ญ :
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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