Pune, Maharashtra, India, September 18 2020 (Wiredrelease) Allied Analytics : Auto dimming mirror is one of the most important vehicle safety accessories which senses low ambient lights generated from headlights of any trailing vehicle and controls or eliminates glare. They are composed of advanced sensors which convert light into current and this current is responded by electrochromic material by change in color of the mirror. The more intense the glare, the more the mirror will darken. This conserves drivers vision and makes driving safer. This vision-based safety system was initially offered in luxury vehicles but due to increased importance for driver and passenger safety, the automotive OEMs plan to introduce this feature in entry level vehicles as well. This has influenced the Auto Dimming Mirror Market.
Auto Dimming Mirror Market to Reach $2.77 Bn, Globally, by 2026 at 5.3% CAGR: Allied Market Research
The factors that drive the Auto Dimming Mirror Market include increase in demand for passenger safety , demand for broader visibility by vehicle buyers, stringent government regulations toward automotive safety norms, increase in demand for advanced, comfort, and convenience features in vehicles, and increase in the sales of passenger and commercial vehicles. In addition, the factors that restrain the market are the high installing cost and growing demand for display-based camera systems. However, growing focus on inclusion of auto dimming mirror market make way for different growth opportunities for the market expansion. Each of these factors is anticipated to have a definite impact on the auto dimming mirrors market during the forecast period.
Request Sample Copy of this Market Research @ https://www.alliedmarketresearch.com/request-for-customization/5621
According to the World health organization (WHO), 1.25 million people die due to road accidents and millions get injured. Vehicle safety plays a critical role in adverting crash or reduce impact. Vehicles equipped with auto diming mirror systems are least expected to be involved in accidents or cause major injury to the occupants as they provide safer and broader visibility to the driver. Furthermore, there is an increase in trend to include safety standard as basic feature which creates lucrative opportunities for the auto dimming mirror market expansion. The U.S. National Highway Traffic Safety Administration (NHTSA) and Kids Transportation Safety Act (KTSA) mandates the use of auto-dimming mirrors in vehicles to prevent incidences of road accidents at night. Easy, convenient, and low installation cost are some of the factors that drive the auto-dimming mirrors market.
The major companies profiled for the Auto Dimming Mirror Market share include Gentex Corporation, Samvardhana Motherson Reflectec, Magna International Inc., Ficosa Internacional, Tokai Rika Co., Ltd., Murakami, and others.
The Auto Dimming Mirror Market is segmented into application, vehicle type, functionality, and region. By application, it is segmented into inside rear-view mirror and outside rear-view mirror. On the basis of vehicle type, it is classified into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. By functionality, the auto dimming mirror market is bifurcated into connected auto dimming mirror and non-connected auto dimming mirror. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Inquire for discount on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/5621
KEY MARKET SEGMENTS
Inside Rear-View Mirror
Outside Rear-View Mirror
By Vehicle Type
Light Commercial Vehicles
Heavy Commercial Vehicles
Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/5621
By Fuel Type
Connected Auto-Dimming Mirror
Non-Connected Auto-Dimming Mirror
Automotive Differential Market
Automotive Selective Catalytic Reduction (SCR) Market
Transmission Control System Market
Automotive Exhaust System Market
Air Brake System Market
Vehicle Ignition Coil Market
This content has been published by Allied Analytics company. The WiredRelease News Department was not involved in the creation of this content. For press release service enquiry, please reach us at [email protected].