The Asia Pacific Smart Mirror Market would witness market growth of 16.7% CAGR during the forecast period (2022-2028).
Using facial recognition technology, smart mirrors are primarily used in hospitals & clinics to determine each patient's health status. The demand for smart mirrors is expanding as smart consumer electronics like tablets, smartphones, digital watches, and other devices become more widely utilized. The entire mirror industry has undergone a revolution due to these new-generation products. Because they can draw customers' attention to the various products kept in the stores, smart mirrors with face and speech recognition systems built in are very popular among supermarkets and retail establishments.
A smart mirror is a highly advanced mirror that incorporates embedded electronics like cameras, sensors, and displays into its construction. Smart mirrors offer a variety of features, including touchscreen functionality and internet connectivity. A large display made up of cameras & other gadgets are called a memory mirror. To try on clothing, the smart mirrors are employed in showrooms. Many governments have increased their attention to traffic accidents brought on by vehicles backing up. As a result, they are moving forward with installing smart rear vision systems for vehicles. Intriguingly, the Russian government has mandated that all new cars come with rear cameras so that drivers can easily reverse. Thus, during the anticipated period, these factors are anticipated to fuel market growth.
According to estimates by the National Investment Promotion & Facility Agency of India, the Indian retail market will grow to $2 trillion by 2032 due to sociodemographic and economic factors like urbanization, income growth, and an increase in nuclear families. E-commerce accounted for nearly a third of sales in some electronic categories, nearly half of smartphones were sold, and roughly a fifth of all apparel sales in India during the first half of 2021.
Consumer internet and e-commerce businesses raised US$38 billion in 2021, up from US$8 billion in 2020, as the Indian start-up ecosystem continues to develop and large-scale investments are made in the fintech, hyperlocal, and e-commerce sectors. By 2030, India will have a projected annual gross merchandise value of $350 billion, making it the third-largest online retail market. Thus, the market for smart mirrors would grow in the Asia Pacific region.
The China market dominated the Asia Pacific Smart Mirror Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $565.5 million by 2028. The Japan market is anticipated to grow at a CAGR of 16% during (2022 - 2028). Additionally, The India market would register a CAGR of 17.4% during (2022 - 2028).
Based on Sales Channel, the market is segmented into Indirect Sales and Direct Sales. Based on Offering, the market is segmented into Hardware (Displays, Cameras, Sensors, and Others), Software, and Services. Based on Technology, the market is segmented into Electro Chromatic and Others. Based on Installation Type, the market is segmented into Fixed and Free Style. Based on Application, the market is segmented into Automotive, Residential, Retail, Hospitality, Healthcare, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Smart Mirror Market is Projected to reach USD 6.6 Billion by 2028, at a CAGR of 15.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Murakami Corporation, Japan Display, Inc., Gentex Corporation, Magna International, Inc., Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), Seura Solutions, ad notam AG, Dension Kft., Keonn Technologies, and Ficosa International, S.A.
Scope of the Study
Market Segments Covered in the Report:
By Sales Channel
- Indirect Sales
- Direct Sales
By Offering
- Hardware
- Displays
- Cameras
- Sensors
- Others
- Software
- Services
By Technology
By Installation Type
By Application
- Automotive
- Residential
- Retail
- Hospitality
- Healthcare
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Murakami Corporation
- Japan Display, Inc.
- Gentex Corporation
- Magna International, Inc.
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
- Seura Solutions
- ad notam AG
- Dension Kft.
- Keonn Technologies
- Ficosa International, S.A.
TABLE 1 Asia Pacific Smart Mirror Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Smart Mirror Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Smart Mirror Market by Sales Channel, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Smart Mirror Market by Sales Channel, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Indirect Sales Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Indirect Sales Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Direct Sales Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Direct Sales Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Smart Mirror Market by Offering, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Smart Mirror Market by Offering, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Hardware Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Hardware Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Smart Mirror Market by Hardware Type, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Smart Mirror Market by Hardware Type, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Displays Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Displays Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Cameras Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Cameras Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Sensors Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Sensors Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Software Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Software Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Smart Mirror Market by Technology, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Smart Mirror Market by Technology, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Electro Chromatic Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Electro Chromatic Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Smart Mirror Market by Installation Type, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Smart Mirror Market by Installation Type, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Fixed Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Fixed Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Free Style Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Free Style Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Smart Mirror Market by Application, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Smart Mirror Market by Application, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Residential Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Residential Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific Retail Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific Retail Market by Country, 2022 - 2028, USD Million
TABLE 47 Asia Pacific Hospitality Market by Country, 2018 - 2021, USD Million
TABLE 48 Asia Pacific Hospitality Market by Country, 2022 - 2028, USD Million
TABLE 49 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 50 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 51 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 52 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 53 Asia Pacific Smart Mirror Market by Country, 2018 - 2021, USD Million
TABLE 54 Asia Pacific Smart Mirror Market by Country, 2022 - 2028, USD Million
TABLE 55 China Smart Mirror Market, 2018 - 2021, USD Million
TABLE 56 China Smart Mirror Market, 2022 - 2028, USD Million
TABLE 57 China Smart Mirror Market by Sales Channel, 2018 - 2021, USD Million
TABLE 58 China Smart Mirror Market by Sales Channel, 2022 - 2028, USD Million
TABLE 59 China Smart Mirror Market by Offering, 2018 - 2021, USD Million
TABLE 60 China Smart Mirror Market by Offering, 2022 - 2028, USD Million
TABLE 61 China Smart Mirror Market by Hardware Type, 2018 - 2021, USD Million
TABLE 62 China Smart Mirror Market by Hardware Type, 2022 - 2028, USD Million
TABLE 63 China Smart Mirror Market by Technology, 2018 - 2021, USD Million
TABLE 64 China Smart Mirror Market by Technology, 2022 - 2028, USD Million
TABLE 65 China Smart Mirror Market by Installation Type, 2018 - 2021, USD Million
TABLE 66 China Smart Mirror Market by Installation Type, 2022 - 2028, USD Million
TABLE 67 China Smart Mirror Market by Application, 2018 - 2021, USD Million
TABLE 68 China Smart Mirror Market by Application, 2022 - 2028, USD Million
TABLE 69 Japan Smart Mirror Market, 2018 - 2021, USD Million
TABLE 70 Japan Smart Mirror Market, 2022 - 2028, USD Million
TABLE 71 Japan Smart Mirror Market by Sales Channel, 2018 - 2021, USD Million
TABLE 72 Japan Smart Mirror Market by Sales Channel, 2022 - 2028, USD Million
TABLE 73 Japan Smart Mirror Market by Offering, 2018 - 2021, USD Million
TABLE 74 Japan Smart Mirror Market by Offering, 2022 - 2028, USD Million
TABLE 75 Japan Smart Mirror Market by Hardware Type, 2018 - 2021, USD Million
TABLE 76 Japan Smart Mirror Market by Hardware Type, 2022 - 2028, USD Million
TABLE 77 Japan Smart Mirror Market by Technology, 2018 - 2021, USD Million
TABLE 78 Japan Smart Mirror Market by Technology, 2022 - 2028, USD Million
TABLE 79 Japan Smart Mirror Market by Installation Type, 2018 - 2021, USD Million
TABLE 80 Japan Smart Mirror Market by Installation Type, 2022 - 2028, USD Million
TABLE 81 Japan Smart Mirror Market by Application, 2018 - 2021, USD Million
TABLE 82 Japan Smart Mirror Market by Application, 2022 - 2028, USD Million
TABLE 83 India Smart Mirror Market, 2018 - 2021, USD Million
TABLE 84 India Smart Mirror Market, 2022 - 2028, USD Million
TABLE 85 India Smart Mirror Market by Sales Channel, 2018 - 2021, USD Million
TABLE 86 India Smart Mirror Market by Sales Channel, 2022 - 2028, USD Million
TABLE 87 India Smart Mirror Market by Offering, 2018 - 2021, USD Million
TABLE 88 India Smart Mirror Market by Offering, 2022 - 2028, USD Million
TABLE 89 India Smart Mirror Market by Hardware Type, 2018 - 2021, USD Million
TABLE 90 India Smart Mirror Market by Hardware Type, 2022 - 2028, USD Million
TABLE 91 India Smart Mirror Market by Technology, 2018 - 2021, USD Million
TABLE 92 India Smart Mirror Market by Technology, 2022 - 2028, USD Million
TABLE 93 India Smart Mirror Market by Installation Type, 2018 - 2021, USD Million
TABLE 94 India Smart Mirror Market by Installation Type, 2022 - 2028, USD Million
TABLE 95 India Smart Mirror Market by Application, 2018 - 2021, USD Million
TABLE 96 India Smart Mirror Market by Application, 2022 - 2028, USD Million
TABLE 97 South Korea Smart Mirror Market, 2018 - 2021, USD Million
TABLE 98 South Korea Smart Mirror Market, 2022 - 2028, USD Million
TABLE 99 South Korea Smart Mirror Market by Sales Channel, 2018 - 2021, USD Million
TABLE 100 South Korea Smart Mirror Market by Sales Channel, 2022 - 2028, USD Million
TABLE 101 South Korea Smart Mirror Market by Offering, 2018 - 2021, USD Million
TABLE 102 South Korea Smart Mirror Market by Offering, 2022 - 2028, USD Million
TABLE 103 South Korea Smart Mirror Market by Hardware Type, 2018 - 2021, USD Million
TABLE 104 South Korea Smart Mirror Market by Hardware Type, 2022 - 2028, USD Million
TABLE 105 South Korea Smart Mirror Market by Technology, 2018 - 2021, USD Million
TABLE 106 South Korea Smart Mirror Market by Technology, 2022 - 2028, USD Million
TABLE 107 South Korea Smart Mirror Market by Installation Type, 2018 - 2021, USD Million
TABLE 108 South Korea Smart Mirror Market by Installation Type, 2022 - 2028, USD Million
TABLE 109 South Korea Smart Mirror Market by Application, 2018 - 2021, USD Million
TABLE 110 South Korea Smart Mirror Market by Application, 2022 - 2028, USD Million
TABLE 111 Singapore Smart Mirror Market, 2018 - 2021, USD Million
TABLE 112 Singapore Smart Mirror Market, 2022 - 2028, USD Million
TABLE 113 Singapore Smart Mirror Market by Sales Channel, 2018 - 2021, USD Million
TABLE 114 Singapore Smart Mirror Market by Sales Channel, 2022 - 2028, USD Million
TABLE 115 Singapore Smart Mirror Market by Offering, 2018 - 2021, USD Million
TABLE 116 Singapore Smart Mirror Market by Offering, 2022 - 2028, USD Million
TABLE 117 Singapore Smart Mirror Market by Hardware Type, 2018 - 2021, USD Million
TABLE 118 Singapore Smart Mirror Market by Hardware Type, 2022 - 2028, USD Million
TABLE 119 Singapore Smart Mirror Market by Technology, 2018 - 2021, USD Million
TABLE 120 Singapore Smart Mirror Market by Technology, 2022 - 2028, USD Million
TABLE 121 Singapore Smart Mirror Market by Installation Type, 2018 - 2021, USD Million
TABLE 122 Singapore Smart Mirror Market by Installation Type, 2022 - 2028, USD Million
TABLE 123 Singapore Smart Mirror Market by Application, 2018 - 2021, USD Million
TABLE 124 Singapore Smart Mirror Market by Application, 2022 - 2028, USD Million
TABLE 125 Malaysia Smart Mirror Market, 2018 - 2021, USD Million
TABLE 126 Malaysia Smart Mirror Market, 2022 - 2028, USD Million
TABLE 127 Malaysia Smart Mirror Market by Sales Channel, 2018 - 2021, USD Million
TABLE 128 Malaysia Smart Mirror Market by Sales Channel, 2022 - 2028, USD Million
TABLE 129 Malaysia Smart Mirror Market by Offering, 2018 - 2021, USD Million
TABLE 130 Malaysia Smart Mirror Market by Offering, 2022 - 2028, USD Million
TABLE 131 Malaysia Smart Mirror Market by Hardware Type, 2018 - 2021, USD Million
TABLE 132 Malaysia Smart Mirror Market by Hardware Type, 2022 - 2028, USD Million
TABLE 133 Malaysia Smart Mirror Market by Technology, 2018 - 2021, USD Million
TABLE 134 Malaysia Smart Mirror Market by Technology, 2022 - 2028, USD Million
TABLE 135 Malaysia Smart Mirror Market by Installation Type, 2018 - 2021, USD Million
TABLE 136 Malaysia Smart Mirror Market by Installation Type, 2022 - 2028, USD Million
TABLE 137 Malaysia Smart Mirror Market by Application, 2018 - 2021, USD Million
TABLE 138 Malaysia Smart Mirror Market by Application, 2022 - 2028, USD Million
TABLE 139 Rest of Asia Pacific Smart Mirror Market, 2018 - 2021, USD Million
TABLE 140 Rest of Asia Pacific Smart Mirror Market, 2022 - 2028, USD Million
TABLE 141 Rest of Asia Pacific Smart Mirror Market by Sales Channel, 2018 - 2021, USD Million
TABLE 142 Rest of Asia Pacific Smart Mirror Market by Sales Channel, 2022 - 2028, USD Million
TABLE 143 Rest of Asia Pacific Smart Mirror Market by Offering, 2018 - 2021, USD Million
TABLE 144 Rest of Asia Pacific Smart Mirror Market by Offering, 2022 - 2028, USD Million
TABLE 145 Rest of Asia Pacific Smart Mirror Market by Hardware Type, 2018 - 2021, USD Million
TABLE 146 Rest of Asia Pacific Smart Mirror Market by Hardware Type, 2022 - 2028, USD Million
TABLE 147 Rest of Asia Pacific Smart Mirror Market by Technology, 2018 - 2021, USD Million
TABLE 148 Rest of Asia Pacific Smart Mirror Market by Technology, 2022 - 2028, USD Million
TABLE 149 Rest of Asia Pacific Smart Mirror Market by Installation Type, 2018 - 2021, USD Million
TABLE 150 Rest of Asia Pacific Smart Mirror Market by Installation Type, 2022 - 2028, USD Million
TABLE 151 Rest of Asia Pacific Smart Mirror Market by Application, 2018 - 2021, USD Million
TABLE 152 Rest of Asia Pacific Smart Mirror Market by Application, 2022 - 2028, USD Million
TABLE 153 Key Information – Japan Display, Inc.
TABLE 154 Key Information – Gentex Corporation
TABLE 155 Key Information – Magna International, Inc.
TABLE 156 Key Information – Harman International Industries, Inc.
TABLE 157 Key Information – Seura Solutions
TABLE 158 Key Information – Murakami Corporation
TABLE 159 Key Information – ad notam AG
TABLE 160 Key Information – Dension Kft.
TABLE 161 Key Information – Keonn Technologies
TABLE 162 Key Information – Ficosa International, S.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Gentex Corporation
FIG 3 Recent strategies and developments: Ficosa International, S.A.