Automotive Mirror Dimming Market 2019 Global Forecast to 2023. Global Automotive Mirror Dimming Market Report by Fuel Type (Battery Electric Vehicle (BEV), Internal Combustion Engine (ICE) and Hybrid Vehicle), By Application (Inside Rear-View Mirror (IRVM) and Outside Rear-View Mirror (ORVM)), By Vehicle Type (Passenger Vehicle and Commercial Vehicle), By Functionality (Connected and Non-Connected) and By Region - Global Forecast to 2023.

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The key players of global automotive mirror dimming market are Gentex Corporation (U.S), Samvardhana Motherson Group (India), Magna International Inc. (Canada), Ficosa International S.A. (Spain), Ichikoh Industries, Ltd. (Japan), Murakami Corporation (Japan), TOKAIRIKA, CO, LTD. (Japan), SL Corporation (South Korea), Honda Lock Mfg. Co., Ltd. (Japan), FLABEG Automotive Holding GmbH (Germany), Global Media Industry Group Co. (China)  and Konview Electronics Corporation Limited. (China).

Global automotive mirror dimming market has been segmented based on fuel types, applications, vehicle types, functionalities and regions. Based on fuel types the market is segmented as battery electric vehicle (BEV), internal combustion engine (ICE) and hybrid vehicle. Battery electric vehicle is expected to grow at the highest rate due to increase in production of new electric vehicle, across the globe. Based on applications, the market is segmented as inside rear-view mirror (IRVM), and outside rear-view mirror (ORVM). Inside rear-view mirror (IRVM) is expected to have the highest share of the global automotive mirror dimming market owing to its growing application, in all types of vehicles. Based on functionalities the market is segmented as connected and non-connected. Connected auto dimming mirrors stand for dimming mirrors integrated with various other features to provide safety and convenience to drivers while driving. Based on vehicle type the market is segmented as passenger vehicle and commercial vehicle. Passenger vehicle is expected to hold the highest share in global automotive mirror dimming market due to rise in the sales of passenger vehicle.

The safety of vehicles and passengers has become a major concern of the vehicle buyers due to the growing deaths occurring every year. In order to reduce such road accidents, Original Equipment Manufacturers are implementing safety features in automotive mirrors, thereby driving the global market. For instance, according to the global status report on road safety, approximately 1.2 million road traffic deaths occur every year. The automotive mirror dimming offer safety and comfort to the drivers as they do not have to adjust the inside and outside rear-view-mirror. They can automatically control the movement of the mirrors at various speeds when the system is turned on. With the growing technological advancements, rising demand for luxury features, and increasing production of vehicles are some of the major factors impacting the market growth positively.

On the flip side, with the increasing cost of vehicles due to implementation of advanced electrical features in vehicles is likely to restrain the market growth globally in the coming years. Moreover, getting the perfect balance between reducing glare by maintaining high visibility and darkening the surface by not distracting the driver is one of the major challenges faced by the manufacturers.

TABLE OF CONTENTS:

REPORT PROLOGUE
INTRODUCTION
DEFINITION
SCOPE OF THE STUDY
RESEARCH OBJECTIVE
ASSUMPTIONS
LIMITATIONS
MARKET STRUCTURE
MARKET SEGMENTATION
RESEARCH METHODOLOGY
RESEARCH PROCESS
PRIMARY RESEARCH
SECONDARY RESEARCH
MARKET SIZE ESTIMATION
FORECAST MODEL
MARKET DYNAMICS
DRIVERS & OPPORTUNITIES
CHALLENGES & RESTRAINTS
VALUE CHAIN ANALYSIS
PORTER’S FIVE FORCES ANALYSIS
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