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Automotive Mirror Dimming Market to grow at 4% CAGR by 2018 to 2023, according to "Global Automotive Mirror Dimming Market Size, Share, Trends, Growth and Regional Forecast Industry Report" published by Market Research Future. This report comprises comprehensive information on Automotive Mirror Dimming Market Forecast data up to 2023, with historic and current market information. Automotive Mirror Dimming Industry analysis done by Fuel Type (Battery Electric Vehicle (BEV), Internal Combustion Engine (ICE) and Hybrid Vehicle), Application (Inside Rear-View Mirror (IRVM) and Outside Rear-View Mirror (ORVM)), Vehicle Type (Passenger Vehicle and Commercial Vehicle), Functionality (Connected and Non-Connected) and Region.Global Automotive Mirror Dimming Market Highlights:
Improvement in the technological advancement, rise in production of vehicles, and increase in demand for luxury features, are the key factors that drive the automotive mirror dimming market. Implementation of automotive mirror dimming, is driven by the rise in use of advanced electrical features in vehicles. However, their demand has increased due to rise in the number of road accidents, across the world. The overall cost of vehicles has increased due to the integration of advanced electrical feature, which acts as a restraint to the automotive mirror dimming market.
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Automotive Mirror Dimming Market Key Companies Studied in this report 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 witnessed gradual growth in recent years and is expected to grow steadily in the forecast period. The global automotive mirror dimming market is primarily driven due to increasing awareness about vehicle and passenger safety. The safety of passengers and vehicles has become the prime concern of vehicle buyers. According to the global status report on road safety 2015, more than 1.2 million road traffic deaths occur each year, globally.
Market Segments Analysis:
The global automotive mirror dimming market has been segmented on the basis of application, fuel type, vehicle type, functionality, and region.
By mode of fuel type, the global market has been segmented into battery electric vehicle (BEV), hybrid vehicle, and internal combustion engine (ICE). Among these, the battery electric vehicle segment is presumed to expand at the highest rate owing to the rise in production of new electric vehicle.
By mode of application, the global market has been segmented into inside rear-view-mirror and outside rear-view-mirror. Among these, the inside rear-view-mirror is anticipated to register the highest market share due to its increasing application in all types of vehicles.
By mode of functionalities, the global market has been segmented into connected and non-connected. Among these, connected auto mirror dimming comes integrated with several features to offer safety and convenience to the drivers during driving.
By mode of vehicle type, the market has been segmented into commercial vehicle and passenger vehicle. Among these, passenger vehicle is estimated to hold the largest share in the market owing to the increasing sales of passenger vehicles.
Research Methodology:
Market Research Future (MRFR) employs innovative statistical algorithms for gathering impactful market insights that can drive business decisions. An in-depth analysis of constantly evolving market trends combined with a study of historical data is leveraged for providing accurate competitive intelligence. The statistical observations made in our reports are backed by data procured through extensive primary and secondary research which include interviews with stakeholders, SEC filings, whitepaper references, annual reports of key players, etc. Top-down and bottom-up approaches are employed for authenticating the credibility of the market foresight delivered. A multi-layer verification process reaffirms the market size and revenue estimation. MRFR strives to provide reliable and transparent information that helps clients in developing growth strategies.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter's Five Forces Analysis
4.1 Introduction
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
Continued...
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Website: https://www.marketresearchfuture.com/reports/automotive-mirror-dimming-market-4826
Release ID: 443275
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