DUBLIN--(BUSINESS WIRE)--The "Auto Dimming Mirror - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Auto Dimming Mirror Market to Reach US$2.1 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Auto Dimming Mirror estimated at US$1.7 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2027, growing at a CAGR of 3% over the period 2020-2027.
Inside Rear-View Mirror, one of the segments analyzed in the report, is projected to grow at a 2.4% CAGR to reach US$1.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Outside Rear-View Mirror segment is readjusted to a revised 4.2% CAGR for the next 7-year period. This segment currently accounts for a 29.9% share of the global Auto Dimming Mirror market.
The U. S. Accounts for Over 29.4% of Global Market Size in 2020, While China is Forecast to Grow at a 2.9% CAGR for the Period of 2020-2027
The Auto Dimming Mirror market in the U. S. is estimated at US$497.9 Million in the year 2020. The country currently accounts for a 29.38% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$373.1 Million in the year 2027 trailing a CAGR of 2.9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR while Rest of European market (as defined in the study) will reach US$373.1 Million by the year 2027.
The publisher brings years of research experience to this 9th edition of the report. The 217-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others
- Ficosa International SA
- FLABEG Automotive Holding GmbH
- Gentex Corporation
- Honda Motor Co. Ltd.
- Ichikoh Industries Ltd.
- Konview Electronics Corporation Limited
- Magna International, Inc.
- Murakami Corporation
- Samvardhana Motherson Group
- Shenzhen Germid Co. Ltd.
- SL Corporation
- Tokai Rika Co. Ltd.
Key Topics Covered
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 and a Looming Global Recession
- Global Competitor Market Shares
- Auto Dimming Mirror Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 43
For more information about this report visit https://www.researchandmarkets.com/r/t04ij6
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July 07, 2020 at 03:26PM
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Global Auto Dimming Mirror Market Study 2020-2027: A $2.1 Billion Opportunity Assessment, Despite Implications of COVID-19 - ResearchAndMarkets.com - Business Wire
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