Japan Auto Dimming Mirror Market Size, Share & Trends Analysis Report By Fuel Type (Internal CombJapantion Engine, Hybrid, and Electric), By Vehicle Type (Passenger Cars, and Commercial Vehicles), By Application, and Forecast, 2023 - 2030

The Japan Auto Dimming Mirror Market size is expected to reach $233.6 Million by 2030, rising at a market growth of 4.9% CAGR during the forecast period.

The auto dimming mirror market in Japan has witnessed significant growth and innovation in recent years, reflecting the country's penchant for advanced automotive technologies. Japanese consumers are known for their inclination towards cutting-edge technologies, and auto-dimming mirrors align perfectly with this preference. The seamless and automatic adjustment of the mirror in Japan eliminates the need for manual tinkering, allowing drivers to focus more on the road ahead.

Japan is renowned for its technological prowess, and the auto dimming mirror market is no exception. Manufacturers continuously invest in research and development to enhance the performance and features of auto dimming mirrors. Additionally, integration with other vehicle safety systems, such as collision avoidance and lane departure warning systems, further enhances the driving experience.

The COVID-19 pandemic has had a notable impact on the auto industry, including the auto dimming mirror market in Japan. During the initial stages of the pandemic, production and supply chains were disrupted due to lockdown measures and restrictions on movement. However, as the situation gradually stabilized, the market witnessed a resurgence in demand, driven by factors such as increased focus on personal safety and hygiene in the aftermath of the pandemic. Additionally, with more people opting for private transportation over public transit to minimize exposure to the virus, the demand for vehicles equipped with advanced safety features like auto dimming mirrors has remained resilient.

Market Trends

Increasing demand for electric vehicles

In Japan, the automotive industry is undergoing a transformative shift with an unprecedented surge in the demand for electric vehicles (EVs). Japanese consumers increasingly embrace the environmental benefits and technological advancements electric vehicles offer. The nation's commitment to sustainability and eco-friendly initiatives has created a favorable environment for the adoption of EVs, stimulating a surge in demand for related automotive technologies.

According to the Japan Automobile Dealers Association (JADA), sales of new electric vehicles in 2020 reached close to 1.4 million. New electric vehicles accounted for 36.2% of total new car sales, up from 35.2% in 2019 and 32.9% in 2017. The robust demand for hybrid electric vehicles (HEVs) in Japan has been evident since the introduction of the Toyota Prius in 1997, with HEVs claiming a staggering 97.8% share of the new electric vehicles sold in 2020. Other electric vehicle categories made smaller contributions, with plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs) each representing 1.1%, and fuel cell electric vehicles (FECVs) making up 0.1%.

Auto dimming mirrors have gained prominence in the Japanese automotive sector as a key safety and convenience feature. The rising demand for electric vehicles has significantly influenced the adoption of such innovative safety features. Government initiatives and incentives promoting the use of electric vehicles have further fueled this trend. Japan's ambitious targets for reducing carbon emissions have led to subsidies and tax breaks for consumers opting for eco-friendly vehicles, making electric cars more economically appealing.

Japanese automakers have responded proactively to this shift in consumer preferences. Leading companies are integrating auto dimming mirrors as a standard feature in their electric vehicle models, catering to the burgeoning industry demand. The focus on enhancing safety features aligns with Japan's commitment to achieving a sustainable and secure transportation ecosystem. Thus, Japan's automotive industry is experiencing a transformative shift driven by the surging demand for electric vehicles.

Rising popularity of luxury and premium vehicle

In the dynamic landscape of the Japanese automotive industry, the auto dimming mirror market has witnessed a notable shift in consumer preferences, with a discernible surge in the popularity of luxury and premium vehicles. The rising disposable income of the Japanese populace has allowed for a more pronounced inclination towards high-end vehicles that offer superior performance and a heightened driving experience. The auto dimming mirror, a feature synonymous with upscale vehicles, has become a symbol of sophistication, catering to the discerning tastes of Japanese car buyers.

Moreover, the emphasis on safety and innovation in the automotive sector has propelled the adoption of advanced technologies, further boosting the appeal of luxury and premium vehicles. Japanese automotive manufacturers have responded to this shifting demand by incorporating auto dimming mirrors as a standard or optional feature in their high-end vehicle models.

For instance, this trend is evident in the success of Lexus, the luxury vehicle division of Toyota Motor Corporation, in the Japanese auto industry. The inclusion of auto dimming mirrors as a standard or optional feature in many Lexus models has contributed to the brand's appeal and underscores the importance of such technological advancements in the Japanese automotive landscape. Therefore, the surge in popularity of luxury vehicles in Japan, driven by increased disposable income and a focus on safety and innovation, is exemplified by the widespread adoption of auto dimming mirrors in high-end models.

Competition Analysis

Japan's auto dimming mirror market is a dynamic and competitive sector that plays a crucial role in enhancing vehicle safety and driving comfort. One of the prominent companies in the Japanese auto dimming mirror market is Murakami Corporation, a Japanese manufacturer specializing in rearview mirrors and related automobile products. Murakami Corporation has been a key contributor to the auto dimming mirror market in Japan, offering innovative solutions that cater to the evolving needs of the automotive industry.

Ficosa Japan Co., Ltd. is another player making significant strides in the auto dimming mirror market. As a subsidiary of Ficosa International, the company leverages its parent company's global expertise to deliver cutting-edge solutions in Japan. Ficosa's auto-dimming mirrors focus on enhancing driver convenience and safety, aligning with the increasing demand for advanced safety features in Japanese vehicles.

Another significant player is Mitsubishi Electric Corporation, a notable Japanese auto-dimming mirror sector participant. Known for its diverse range of products, Mitsubishi Electric produces high-quality auto-dimming mirrors that contribute to safer driving experiences. The company's commitment to research and development ensures that its mirrors incorporate the latest technologies, meeting the stringent safety standards in the Japanese automotive industry.

Japanese automotive giants like Toyota and Honda also play a pivotal role in the auto dimming mirror market. These companies often integrate auto-dimming mirrors into their high-end vehicle models, contributing to the widespread adoption of this technology in the Japanese automotive landscape. Their commitment to innovation and safety underscores the importance of auto-dimming mirrors in enhancing the overall driving experience. In addition to these major players, there are several niche and emerging companies contributing to the auto dimming mirror market in Japan. These companies often specialize in specific technologies or cater to niche segments within the automotive industry. The collective efforts of these diverse players contribute to the overall growth and competitiveness of the Japanese auto dimming mirror market.

List of Key Companies Profiled

• Magna International, Inc.
• Samvardhana Motherson International Ltd
• Ficosa International, S.A.
• Gentex Corporation
• Murakami Corporation
• MinebeaMitsumi Inc. (Honda Lock Mfg. Co., Ltd.)
• TOKAI RIKA CO., LTD.
• Konview Electronics Corporation Limited
• SHENZHEN GERMID CO., LTD. (GERMID)
• FLABEG Automotive Glass Group GmbH

Japan Auto Dimming Mirror Market Report Segmentation

By Fuel Type

• Internal Combustion Engine
• Hybrid
• Electric

By Vehicle Type

• Passenger Cars
• Commercial Vehicles

By Application

• Inside Rear-view Mirror
• Outside Rear-view Mirror

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Japan Auto Dimming Mirror Market, by Fuel Type
1.4.2 Japan Auto Dimming Mirror Market, by Vehicle Type
1.4.3 Japan Auto Dimming Mirror Market, by Application
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
2.2.3 Market Opportunities
2.2.4 Market Challenges
2.2.5 Market Trends
2.3 Porter’s Five Forces Analysis

Chapter 3. Japan Auto Dimming Mirror Market
3.1 Japan Auto Dimming Mirror Market, By Fuel Type
3.2 Japan Auto Dimming Mirror Market, By Vehicle Type
3.3 Japan Auto Dimming Mirror Market, By Application

Chapter 4. Company Profiles – Global Leaders
4.1 Magna International, Inc.
4.1.1 Company Overview
4.1.2 Financial Analysis
4.1.3 Segmental and Regional Analysis
4.1.4 Research & Development Expenses
4.1.5 SWOT Analysis
4.2 Samvardhana Motherson International Ltd
4.2.1 Company Overview
4.2.2 Financial Analysis
4.2.3 Regional Analysis
4.2.4 SWOT Analysis
4.3 Ficosa International, S.A.
4.3.1 Company Overview
4.3.2 SWOT Analysis
4.4 Gentex Corporation
4.4.1 Company Overview
4.4.2 Financial Analysis
4.4.3 Segmental and Regional Analysis
4.4.4 Research & Development Expense
4.4.5 SWOT Analysis
4.5 Murakami Corporation
4.5.1 Company Overview
4.5.2 Financial Analysis
4.5.3 SWOT Analysis
4.6 MinebeaMitsumi Inc. (Honda Lock Mfg. Co., Ltd.)
4.6.1 Company Overview
4.6.2 Financial Analysis
4.6.3 Segmental and Regional Analysis
4.6.4 Research & Development Expenses
4.6.5 SWOT Analysis
4.7 TOKAI RIKA CO., LTD.
4.7.1 Company Overview
4.7.2 Financial Analysis
4.7.3 SWOT Analysis
4.8 Konview Electronics Corporation Limited
4.8.1 Company Overview
4.8.2 SWOT Analysis
4.9 SHENZHEN GERMID CO., LTD. (GERMID)
4.9.1 Company Overview
4.9.2 SWOT Analysis
4.10. FLABEG Automotive Glass Group GmbH
4.10.1 Company Overview
4.10.2 SWOT Analysis

TABLE 1 Japan Auto Dimming Mirror Market, 2019 - 2022, USD Million
TABLE 2 Japan Auto Dimming Mirror Market, 2023 - 2030, USD Million
TABLE 3 Japan Auto Dimming Mirror Market, By Fuel Type, 2019 - 2022, USD Million
TABLE 4 Japan Auto Dimming Mirror Market, By Fuel Type, 2023 - 2030, USD Million
TABLE 5 Japan Auto Dimming Mirror Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 6 Japan Auto Dimming Mirror Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 7 Japan Auto Dimming Mirror Market, By Application, 2019 - 2022, USD Million
TABLE 8 Japan Auto Dimming Mirror Market, By Application, 2023 - 2030, USD Million
TABLE 9 Key Information – Magna International, Inc.
TABLE 10 Key Information – Samvardhana Motherson International Ltd
TABLE 11 Key Information – Ficosa International, S.A.
TABLE 12 Key Information – Gentex Corporation
TABLE 13 Key Information – Murakami Corporation
TABLE 14 Key Information – MinebeaMitsumi Inc.
TABLE 15 Key Information – TOKAI RIKA CO., LTD.
TABLE 16 Key Information – Konview Electronics Corporation Limited
TABLE 17 Key Information – SHENZHEN GERMID CO., LTD.
TABLE 18 Key Information – FLABEG Automotive Glass Group GmbH

List of Figures
FIG 1 Methodology for the research
FIG 2 Japan Auto Dimming Mirror Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Auto Dimming Mirror Market
FIG 4 Porter’s Five Forces Analysis - Auto Dimming Mirror Market
FIG 5 Japan Auto Dimming Mirror Market share, By Fuel Type, 2022
FIG 6 Japan Auto Dimming Mirror Market share, By Fuel Type, 2030
FIG 7 Japan Auto Dimming Mirror Market, By Fuel Type, 2019 - 2030, USD Million
FIG 8 Japan Auto Dimming Mirror Market share, By Vehicle Type, 2022
FIG 9 Japan Auto Dimming Mirror Market share, By Vehicle Type, 2030
FIG 10 Japan Auto Dimming Mirror Market, By Vehicle Type, 2019 - 2030, USD Million
FIG 11 Japan Auto Dimming Mirror Market share, By Application, 2022
FIG 12 Japan Auto Dimming Mirror Market share, By Application, 2030
FIG 13 Japan Auto Dimming Mirror Market, By Application, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Magna International, Inc.
FIG 15 SWOT Analysis: Samvardhana Motherson International Ltd
FIG 16 SWOT Analysis: Ficosa International, S.A.
FIG 17 SWOT Analysis: Gentex Corporation
FIG 18 SWOT Analysis: Murakami Corporation
FIG 19 SWOT Analysis: MinebeaMitsumi Inc.
FIG 20 Swot Analysis: Tokai Rika Co., Ltd.
FIG 21 SWOT Analysis: Konview Electronics Corporation Limited
FIG 22 SWOT Analysis: SHENZHEN GERMID CO., LTD.
FIG 23 SWOT Analysis: FLABEG Automotive Glass Group GmbH