Auto Dimming Mirror Market size was over USD 10.94 Billion in 2023 and is set to exceed USD 35.18 Billion by the end of 2036, growing at over 9.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of auto dimming mirror is evaluated at USD 11.87 Billion. The market growth is mainly owing to the increasing vehicle production, particularly in emerging markets, leading to a higher volume of vehicles equipped with auto-dimming mirrors. In the year 2020, despite the impact of the COVID-19 pandemic, global vehicle production reached approximately 77 million units.
In addition to this, these mirrors use electrochromic technology, which involves the application of a gel or film containing a special chemical compound between two layers of glass. When an electrical current is applied to the mirror, the chemical compound changes its opacity, allowing the mirror to dim and reduce the intensity of reflected light. Auto-dimming mirrors are designed to automatically adjust the reflectivity of the mirror surface to reduce glare from the headlights of vehicles behind the driver.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
9.4% |
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Base Year Market Size (2023) |
USD 10.94 Billionn |
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Forecast Year Market Size (2036) |
USD 35.18 Billion |
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Regional Scope |
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Vehicle Type (Passenger Vehicle, Commercial Vehicle)
The passenger vehicle segment is set to hold the largest auto dimming mirror market share during the forecast period, led by increasing urbanization. Urbanization leads to increased demand for passenger vehicles as individuals seek personal transportation options for commuting, leisure activities, and convenience.
According to the United Nations, the global urban population is projected to reach 68% by the year 2050. The growing middle class, particularly in emerging economies, is driving the demand for passenger vehicles.
Fuel Type (ICE, Hybrid, Electric)
The electric segment in the auto dimming mirror market is poised to garner a significant growth rate through 2036. The growth of the segment can be accredited to environmental concerns and emission regulations. Increasing environmental awareness and concerns over air pollution and greenhouse gas emissions have driven the demand for electric vehicles (EVs).
Stringent emission regulations imposed by governments worldwide incentivize the adoption of electric fuel-type vehicles, as they produce zero tailpipe emissions. Many corporations and fleet operators are adopting electric vehicles as part of their sustainability goals and environmental commitments.
Our in-depth analysis of the global market includes the following segments:
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Vehicle Type |
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Fuel Type |
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APAC Market Statistics
The auto dimming mirror market in the Asia Pacific region, is estimated to hold the largest market share by 2036. 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 between 2023 and 2036. 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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