APAC Market Statistics
Asia Pacific industry is estimated to account for largest revenue share by 2037. The regional growth is owing to the increasing vehicle production and sales in the region. As per the data reported in 2022, more than 35 million passenger cars were sold in the Asia- Pacific region. Rapid infrastructure development in the region has resulted in increased road traffic and the need for enhanced safety features.
North American Market Forecast
The North America auto dimming mirror market is anticipated to hold the second largest share by 2037. The regional market demand can be ascribed to safety regulations and standards.
North America has stringent safety regulations and standards for vehicles, promoting the adoption of advanced safety features such as auto dimming mirrors. Consumers in North America increasingly seek vehicles with advanced features that provide a comfortable and convenient driving experience.
Author Credits: Saima Khursheed
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