The North America Auto Dimming Mirror Market would witness market growth of 4.8% CAGR during the forecast period (2023-2030).
The automotive industry is witnessing a shift towards smart and connected vehicles. With their integration capabilities and potential for connectivity, auto-dimming mirrors align with this trend. As the industry embraces smart technologies, adopting auto-dimming mirrors will likely continue growing. Positive experiences and reviews from early adopters have played a crucial role in influencing potential buyers. As more drivers experience the benefits of auto-dimming mirrors firsthand, word-of-mouth recommendations and online reviews contribute to a positive perception, further driving adoption.
Auto-dimming mirrors are designed to be customizable, allowing drivers to personalize their settings based on individual preferences. This includes adjusting the dimming level, choosing specific display overlays, and tailoring the user interface to create a more personalized driving experience. With the rise of connected cars, auto-dimming mirrors are evolving into connected devices. They can communicate with other vehicle systems, sharing information about driving conditions, weather updates, and road hazards. This connectivity contributes to improved situational awareness for the driver. Auto-dimming mirrors are designed to be energy-efficient. They typically consume low power, ensuring they contribute to the vehicle's overall energy conservation efforts without compromising performance.
As per the International Trade Administration, Mexico City is the world's fifth most populous city, with 21 million people and 33.4 million vehicles. In 2018, Mexico recorded a 68 percent increase in EV sales, and hybrid vehicle sales surpassed 17,800 units compared to 2017. 955,393 electric and hybrid vehicles were sold in 2019 from January through September. EVs are well-suited for urban driving, and Mexico's major cities are experiencing a growth in electric vehicle infrastructure. With its diverse consumer base, the Mexican city sees a growing interest in luxury and high-end electric vehicles. Positive feedback from electric vehicle owners who have experienced the benefits of auto-dimming mirrors contributes to word-of-mouth recommendations in Mexico. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Auto Dimming Mirror Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $598.3 million by 2030. The Canada market is experiencing a CAGR of 7.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.2% during (2023 - 2030).
Free Valuable Insights: The Auto Dimming Mirror Market is Predict to reach USD 3.3 Billion by 2030, at a CAGR of 5.3%
Based on Fuel Type, the market is segmented into Internal Combustion Engine, Hybrid, and Electric. Based on Vehicle Type, the market is segmented into Passenger Cars, and Commercial Vehicles. Based on Application, the market is segmented into Inside Rear-view Mirror, and Outside Rear-view Mirror. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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.
- FLABEG Automotive Glass Group GmbH
North America 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
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Auto Dimming Mirror Market, by Fuel Type
1.4.2 North America Auto Dimming Mirror Market, by Vehicle Type
1.4.3 North America Auto Dimming Mirror Market, by Application
1.4.4 North America Auto Dimming Mirror Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Auto Dimming Mirror Market, By Fuel Type
4.1 North America Internal Combustion Engine Market, By Country
4.2 North America Hybrid Market, By Country
4.3 North America Electric Market, By Country
Chapter 5. North America Auto Dimming Mirror Market, By Vehicle Type
5.1 North America Passenger Cars Market, By Country
5.2 North America Commercial Vehicles Market, By Country
Chapter 6. North America Auto Dimming Mirror Market, By Application
6.1 North America Inside Rear-view Mirror Market, By Country
6.2 North America Outside Rear-view Mirror Market, By Country
Chapter 7. North America Auto Dimming Mirror Market, By Country
7.1 US Auto Dimming Mirror Market
7.1.1 US Auto Dimming Mirror Market, By Fuel Type
7.1.2 US Auto Dimming Mirror Market, By Vehicle Type
7.1.3 US Auto Dimming Mirror Market, By Application
7.2 Canada Auto Dimming Mirror Market
7.2.1 Canada Auto Dimming Mirror Market, By Fuel Type
7.2.2 Canada Auto Dimming Mirror Market, By Vehicle Type
7.2.3 Canada Auto Dimming Mirror Market, By Application
7.3 Mexico Auto Dimming Mirror Market
7.3.1 Mexico Auto Dimming Mirror Market, By Fuel Type
7.3.2 Mexico Auto Dimming Mirror Market, By Vehicle Type
7.3.3 Mexico Auto Dimming Mirror Market, By Application
7.4 Rest of North America Auto Dimming Mirror Market
7.4.1 Rest of North America Auto Dimming Mirror Market, By Fuel Type
7.4.2 Rest of North America Auto Dimming Mirror Market, By Vehicle Type
7.4.3 Rest of North America Auto Dimming Mirror Market, By Application
Chapter 8. Company Profiles
8.1 Magna International, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Samvardhana Motherson International Ltd
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 SWOT Analysis
8.3 Ficosa International, S.A.
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Gentex Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Murakami Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 SWOT Analysis
8.6 MinebeaMitsumi Inc. (Honda Lock Mfg. Co., Ltd.)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 TOKAI RIKA CO., LTD.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 SWOT Analysis
8.8 Konview Electronics Corporation Limited
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 SHENZHEN GERMID CO., LTD. (GERMID)
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. FLABEG Automotive Glass Group GmbH
8.10.1 Company Overview
8.10.2 SWOT Analysis
TABLE 1 North America Auto Dimming Mirror Market, 2019 - 2022, USD Million
TABLE 2 North America Auto Dimming Mirror Market, 2023 - 2030, USD Million
TABLE 3 North America Auto Dimming Mirror Market, By Fuel Type, 2019 - 2022, USD Million
TABLE 4 North America Auto Dimming Mirror Market, By Fuel Type, 2023 - 2030, USD Million
TABLE 5 North America Internal Combustion Engine Market, By Country, 2019 - 2022, USD Million
TABLE 6 North America Internal Combustion Engine Market, By Country, 2023 - 2030, USD Million
TABLE 7 North America Hybrid Market, By Country, 2019 - 2022, USD Million
TABLE 8 North America Hybrid Market, By Country, 2023 - 2030, USD Million
TABLE 9 North America Electric Market, By Country, 2019 - 2022, USD Million
TABLE 10 North America Electric Market, By Country, 2023 - 2030, USD Million
TABLE 11 North America Auto Dimming Mirror Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 12 North America Auto Dimming Mirror Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 13 North America Passenger Cars Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Passenger Cars Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Commercial Vehicles Market, By Country, 2019 - 2022, USD Million
TABLE 16 North America Commercial Vehicles Market, By Country, 2023 - 2030, USD Million
TABLE 17 North America Auto Dimming Mirror Market, By Application, 2019 - 2022, USD Million
TABLE 18 North America Auto Dimming Mirror Market, By Application, 2023 - 2030, USD Million
TABLE 19 North America Inside Rear-view Mirror Market, By Country, 2019 - 2022, USD Million
TABLE 20 North America Inside Rear-view Mirror Market, By Country, 2023 - 2030, USD Million
TABLE 21 North America Outside Rear-view Mirror Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Outside Rear-view Mirror Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Auto Dimming Mirror Market, By Country, 2019 - 2022, USD Million
TABLE 24 North America Auto Dimming Mirror Market, By Country, 2023 - 2030, USD Million
TABLE 25 US Auto Dimming Mirror Market, 2019 - 2022, USD Million
TABLE 26 US Auto Dimming Mirror Market, 2023 - 2030, USD Million
TABLE 27 US Auto Dimming Mirror Market, By Fuel Type, 2019 - 2022, USD Million
TABLE 28 US Auto Dimming Mirror Market, By Fuel Type, 2023 - 2030, USD Million
TABLE 29 US Auto Dimming Mirror Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 30 US Auto Dimming Mirror Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 31 US Auto Dimming Mirror Market, By Application, 2019 - 2022, USD Million
TABLE 32 US Auto Dimming Mirror Market, By Application, 2023 - 2030, USD Million
TABLE 33 Canada Auto Dimming Mirror Market, 2019 - 2022, USD Million
TABLE 34 Canada Auto Dimming Mirror Market, 2023 - 2030, USD Million
TABLE 35 Canada Auto Dimming Mirror Market, By Fuel Type, 2019 - 2022, USD Million
TABLE 36 Canada Auto Dimming Mirror Market, By Fuel Type, 2023 - 2030, USD Million
TABLE 37 Canada Auto Dimming Mirror Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 38 Canada Auto Dimming Mirror Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 39 Canada Auto Dimming Mirror Market, By Application, 2019 - 2022, USD Million
TABLE 40 Canada Auto Dimming Mirror Market, By Application, 2023 - 2030, USD Million
TABLE 41 Mexico Auto Dimming Mirror Market, 2019 - 2022, USD Million
TABLE 42 Mexico Auto Dimming Mirror Market, 2023 - 2030, USD Million
TABLE 43 Mexico Auto Dimming Mirror Market, By Fuel Type, 2019 - 2022, USD Million
TABLE 44 Mexico Auto Dimming Mirror Market, By Fuel Type, 2023 - 2030, USD Million
TABLE 45 Mexico Auto Dimming Mirror Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 46 Mexico Auto Dimming Mirror Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 47 Mexico Auto Dimming Mirror Market, By Application, 2019 - 2022, USD Million
TABLE 48 Mexico Auto Dimming Mirror Market, By Application, 2023 - 2030, USD Million
TABLE 49 Rest of North America Auto Dimming Mirror Market, 2019 - 2022, USD Million
TABLE 50 Rest of North America Auto Dimming Mirror Market, 2023 - 2030, USD Million
TABLE 51 Rest of North America Auto Dimming Mirror Market, By Fuel Type, 2019 - 2022, USD Million
TABLE 52 Rest of North America Auto Dimming Mirror Market, By Fuel Type, 2023 - 2030, USD Million
TABLE 53 Rest of North America Auto Dimming Mirror Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 54 Rest of North America Auto Dimming Mirror Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 55 Rest of North America Auto Dimming Mirror Market, By Application, 2019 - 2022, USD Million
TABLE 56 Rest of North America Auto Dimming Mirror Market, By Application, 2023 - 2030, USD Million
TABLE 57 Key Information – Magna International, Inc.
TABLE 58 Key Information – Samvardhana Motherson International Ltd
TABLE 59 Key Information – Ficosa International, S.A.
TABLE 60 Key Information – Gentex Corporation
TABLE 61 Key Information – Murakami Corporation
TABLE 62 Key Information – MinebeaMitsumi Inc.
TABLE 63 Key Information – TOKAI RIKA CO., LTD.
TABLE 64 Key Information – Konview Electronics Corporation Limited
TABLE 65 Key Information – SHENZHEN GERMID CO., LTD.
TABLE 66 Key Information – FLABEG Automotive Glass Group GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Auto Dimming Mirror Market share, By Fuel Type, 2022
FIG 6 North America Auto Dimming Mirror Market share, By Fuel Type, 2030
FIG 7 North America Auto Dimming Mirror Market, By Fuel Type, 2019 - 2030, USD Million
FIG 8 North America Auto Dimming Mirror Market share, By Vehicle Type, 2022
FIG 9 North America Auto Dimming Mirror Market share, By Vehicle Type, 2030
FIG 10 North America Auto Dimming Mirror Market, By Vehicle Type, 2019 - 2030, USD Million
FIG 11 North America Auto Dimming Mirror Market share, By Application, 2022
FIG 12 North America Auto Dimming Mirror Market share, By Application, 2030
FIG 13 North America Auto Dimming Mirror Market, By Application, 2019 - 2030, USD Million
FIG 14 North America Auto Dimming Mirror Market share, By Country, 2022
FIG 15 North America Auto Dimming Mirror Market share, By Country, 2030
FIG 16 North America Auto Dimming Mirror Market, By Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Magna International, Inc.
FIG 18 SWOT Analysis: Samvardhana Motherson International Ltd
FIG 19 SWOT Analysis: Ficosa International, S.A.
FIG 20 SWOT Analysis: Gentex Corporation
FIG 21 SWOT Analysis: Murakami Corporation
FIG 22 SWOT Analysis: MinebeaMitsumi Inc.
FIG 23 Swot Analysis: Tokai Rika Co., Ltd.
FIG 24 SWOT Analysis: Konview Electronics Corporation Limited
FIG 25 SWOT Analysis: SHENZHEN GERMID CO., LTD.
FIG 26 SWOT Analysis: FLABEG Automotive Glass Group GmbH