Global Smart Mirror Market- By Application (Automotive, Hospitality & Retail, Others), By Functionality (Connected Mirror, Non-Connected Mirror), By Technology (Self-dimming Technology, Other Technologies), By Component (Hardware, Software, Services), and By Region (North America, Europe, Asia Pacific, South America, and Middle East, & Africa)- Global forecast from 2020-2027.
The Global Smart Mirror Market is increasing with lucrative growth owing to the emerging automotive industry and technology advancement
The global smart mirror market expected to increase market value by USD 8.2 billion with boosting CAGR in the forecast period from 2020-2027. The surging demand for the global smart mirror market is rising due to the technology advancement, adoption of the internet of things, automation, and increasing demand from the automobile segment is driving the market growth.
The smart mirror used as a beauty purpose and can observe the users skin condition according to todays outdoor ultraviolet terms and accurately analyze and recommend the most suitable skincare products.
Moreover, consumers can simultaneously see the skin test results and skincare suggestions on the mirror. They can also see the makeup test effect directly in the mirror through the AR test makeup function. It will require manual original sale process, the front part of the mirror, thereby increasing sales conversion rates.
Furthermore, the startups companies are customizing the products as per the market requirement and providing smart mirrors for makeup, fashion, and eyewear and also engaging in delivering customer value experiences. Therefore, it will help in driving the market demand for the global smart mirror market.
Application overview in the Global Smart Mirror Market
Based on the application, the global smart mirror market segmented into Automotive, Hospitality & Retail, Others. The automotive segment estimated to dominate the maximum share of the global smart mirror market. The rising adoption of technology like the internet of things, ADAS safety measures, emerging cloud mirror technology, and navigation technology are deriving the automobile sectors market. Thus, the smart mirror used as a rear-view mirror by recording driving will enhance the drivers safety.
Functionality overview in the Global Smart Mirror Market
Based on the functionality, the global smart mirror market classified into Connected Mirror, Non-Connected Mirror. The non-connected mirror segment contributes the largest share in the global smart mirror market. The non-connected mirror has captured a large consumer base in a different industry. Moreover, the demand for the connected mirror will fuel in the forecast period. It is mainly due to the adoption of technology that will help in increasing the application of smart mirrors for beauty purpose, automobile industry, and hospitality sector.
Technology overview in the Global Smart Mirror Market
Based on the technology, the global smart mirror market categorized into Self-dimming Technology, Other Technologies. The self-dimming segment dominates the market share for the global smart mirror market. The self-dimming technology in automobiles will provide a clear image of the vehicle behind the car with the help of a rear-view sensor.
Components overview in the Global Smart Mirror Market
Based on components, the smart mirror market classified into hardware, software, and services. The software segment will escalate with the highest share in the forecast period from 2020-2027. The software applications used in the smart mirror will enhance its functions and usage and will benefit for many industry verticals. It will help in recording and displaying information and thus, promote its growth.
Region overview in the Global Smart Mirror Market
Based on geography, the global smart mirror market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific is the worlds fastest-growing global smart mirror market, accounting for the largest share. The increasing disposable income, lifestyle changes, rising demand for smart homes, and adoption technology advance products that will enhance the growth of Asia Pacific.
Global Smart Mirror Market: Competitive Landscape
Companies such as Japan Display Inc., Gentex Corporation, Magna International Inc., Samsung Electronics, Murakami Kaimeido, Seura, Perseus Mirrors, Ficosa, Dension, Electric Mirror and others are key players in the global smart mirror market
Global Smart Mirror Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Economic Factor Analysis
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Competitors & Product Analysis
4.3. Regulatory Framework
4.4. Company market share analysis, 2019
4.5. Porter’s Five forces analysis
4.6. New Investment Analysis
4.7. PESTEL Analysis
5. Global Smart Mirror Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Application
5.2.1.1. Automotive
5.2.1.2. Hospitality & Retail
5.2.1.3. Others
5.2.2. By Functionality
5.2.2.1. Connected Mirror
5.2.2.2. Non-Connected Mirror
5.2.3. By Technology
5.2.3.1. Self-dimming Technology
5.2.3.2. Other Technologies
5.2.4. By Component
5.2.4.1. Hardware
5.2.4.2. Software
5.2.4.3. Services
5.2.5. By Region
5.2.5.1. Europe
5.2.5.2. North America
5.2.5.3. Asia Pacific
5.2.5.4. South America
5.2.5.5. Middle East & Africa
6. Europe Smart Mirror Market Overview
6.1. Europe Smart Mirror Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. Europe Smart Mirror Market Share & Forecast, 2016-2027
6.2.1. By Application
6.2.1.1. Automotive
6.2.1.2. Hospitality & Retail
6.2.1.3. Others
6.2.2. By Functionality
6.2.2.1. Connected Mirror
6.2.2.2. Non-Connected Mirror
6.2.3. By Technology
6.2.3.1. Self-dimming Technology
6.2.3.2. Other Technologies
6.2.4. By Component
6.2.4.1. Hardware
6.2.4.2. Software
6.2.4.3. Services
6.2.5. By Country
6.2.5.1. Germany
6.2.5.2. UK
6.2.5.3. France
6.2.5.4. Italy
6.2.5.5. Rest of Europe
6.2.6. Company Market Share (Top 3-5)
6.2.7. Economic Impact Study on Europe Smart Mirror Market
7. North America Smart Mirror Market Overview
7.1. North America Smart Mirror Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. North America Smart Mirror Market Share & Forecast, 2016-2027
7.2.1. By Application
7.2.1.1. Automotive
7.2.1.2. Hospitality & Retail
7.2.1.3. Others
7.2.2. By Functionality
7.2.2.1. Connected Mirror
7.2.2.2. Non-Connected Mirror
7.2.3. By Technology
7.2.3.1. Self-dimming Technology
7.2.3.2. Other Technologies
7.2.4. By Component
7.2.4.1. Hardware
7.2.4.2. Software
7.2.4.3. Services
7.2.5. By Country
7.2.5.1. US
7.2.5.2. Canada
7.2.5.3. Mexico
7.2.6. Company Market Share (Top 3-5)
7.2.7. Economic Impact Study on North America Smart Mirror Market
8. Asia Pacific Smart Mirror Market Overview
8.1. Asia Pacific Smart Mirror Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.2. Asia Pacific Smart Mirror Market Share & Forecast, 2016-2027
8.2.1. By Application
8.2.1.1. Automotive
8.2.1.2. Hospitality & Retail
8.2.1.3. Others
8.2.2. By Functionality
8.2.2.1. Connected Mirror
8.2.2.2. Non-Connected Mirror
8.2.3. By Technology
8.2.3.1. Self-dimming Technology
8.2.3.2. Other Technologies
8.2.4. By Component
8.2.4.1. Hardware
8.2.4.2. Software
8.2.4.3. Services
8.2.5. By Country
8.2.5.1. China
8.2.5.2. India
8.2.5.3. Japan
8.2.5.4. Australia
8.2.5.5. Rest of Asia Pacific
8.2.6. Company Market Share (Top 3-5)
8.2.7. Economic Smart Mirror Market Overview
8.3. South America Smart Mirror Market Size & Forecast, 2016-2027
8.3.1. Demand
8.3.1.1. By Value (USD Million)
8.4. South America Smart Mirror Market Share & Forecast, 2016-2027
8.4.1. By Application
8.4.1.1. Automotive
8.4.1.2. Hospitality & Retail
8.4.1.3. Others
8.4.2. By Functionality
8.4.2.1. Connected Mirror
8.4.2.2. Non-Connected Mirror
8.4.3. By Technology
8.4.3.1. Self-dimming Technology
8.4.3.2. Other Technologies
8.4.4. By Component
8.4.4.1. Hardware
8.4.4.2. Software
8.4.4.3. Services
8.4.5. By Country
8.4.5.1. Brazil
8.4.5.2. Argentina
8.4.5.3. Rest of South America
8.4.6. Company Market Share (Top 3-5)
8.4.7. Economic Impact Study on South America Smart Mirror Market
9. Middle East & Africa Smart Mirror Market Overview
9.1. Middle East & Africa Smart Mirror Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.2. Middle East & Africa Smart Mirror Market Share & Forecast, 2016-2027
9.2.1. By Application
9.2.1.1. Automotive
9.2.1.2. Hospitality & Retail
9.2.1.3. Others
9.2.2. By Functionality
9.2.2.1. Connected Mirror
9.2.2.2. Non-Connected Mirror
9.2.3. By Technology
9.2.3.1. Self-dimming Technology
9.2.3.2. Other Technologies
9.2.4. By Component
9.2.4.1. Hardware
9.2.4.2. Software
9.2.4.3. Services
9.2.5. By Country
9.2.5.1. Saudi Arabia
9.2.5.2. UAE
9.2.5.3. South Africa
9.2.5.4. Rest of Middle East & Africa
9.2.6. Company Market Share (Top 3-5)
9.2.7. Economic Impact Study on Middle East & Africa Smart Mirror Market
10. Competitor Analysis
10.1. Company Description
10.2. Financial Analysis
10.3. Key Products
10.4. Key Management Personnel
10.5. Contact Address
10.6. SWOT Analysis
10.7. Company Profile
10.7.1.1. Japan Display Inc.
10.7.1.2. Gentex Corporation
10.7.1.3. Magna International Inc.
10.7.1.4. Samsung Electronics
10.7.1.5. Murakami Kaimeido
10.7.1.6. Seura
10.7.1.7. Perseus Mirrors
10.7.1.8. Ficosa
10.7.1.9. Dension
10.7.1.10. Electric Mirror Other players
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