The latest report on Auto-dimming Mirror Market by Infinium Global Research gives complete coverage of the auto-dimming mirror market by application (inside rearview, and outer rear view), functionality (connected, and non-connected), vehicle type (passenger vehicle, commercial vehicle), distribution channel (original equipment manufacturers, aftermarket) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and application trends in the regional markets of the auto-dimming mirrors such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Sensors are Placed at Mirrors of the Vehicle Making the Auto-Dimming Mirrors More Efficient
Auto-dimming mirrors are the special type of rear-view mirrors that have the capability to eliminate the glare coming from the headlights of a vehicle. The auto-dimming mirror market system is equipped with sensors that respond to the intensity of light and act accordingly. The auto-dimming mirror market counters the light intensity in proportion to the brightness emitted by the headlights, by automatically turning the mirrors turn dark. Dimming of both interior and exterior mirrors can be controlled using interior mirror sensors and electronic equipment. Sensors are placed at mirrors of the vehicle making the auto-dimming mirrors more efficient.
Increasing consumer preference for safer and broader visibility is driving the growth of the auto-dimming mirrors. Besides this, an increasing number of passenger vehicles, as well as commercial vehicles, are augmenting the market growth. Manufactures use auto-dimming mirrors as a differentiating product that in order to attract potential buyers, which in turn is boosting the growth of the market.
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Growth of Safety Features in the Vehicles in the Market of the Auto-Dimming Mirror
Features that are integrated with dimming mirrors such as temperature display, hands-free connectivity, Bluetooth, and navigation are expected to grow at the highest rate of the auto-dimming mirror during the forecast period. However, the high cost of the auto-dimming mirror is restraining the growth of the auto-dimming mirror. A growing focus on the inclusion of auto-dimming mirrors as-built features within the mid and small segment vehicles in order to provide advanced safety and convenience features are expected to provide potential opportunities in the auto-dimming mirror market.
Among the geography, the Asia Pacific region dominated the global automotive parking sensor market. Rapid growth in automobile sales and increasing demand for luxury vehicles in the U.S. and Canada is expected to propel the growth in this region. APAC region is expected to grow at the highest CAGR during the forecast period. The European region is expected for the growth of safety features in the vehicles in the market of the auto-dimming mirror. The increasing vehicle sales, especially of passenger cars in countries such as China and India, are expected to benefit the auto-dimming mirror market.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the auto-dimming mirror.
- Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.