Smart Mirror Market, By Component (Displays, Camera, Sensors, and Others, By Application, By Geography

Description

The global smart mirror market was valued for US$ 879.6 Mn in 2022, and is expected to exhibit a CAGR of 15.3% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 988.6 Mn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	15.30%	2030 Value Projection:	US$ 2,684.9 Mn

Global Smart Mirror Market Share (%), By Region, 2022

A smart mirror refers to a highly functioning advanced mirror that is manufactured by the integration of embedded electronics such as sensors, cameras, and displays. Smart mirrors provide a number of features such as internet connectivity and touchscreen option. Memory mirror is a large display that is comprised of cameras and other devices. They are used in showrooms to try on apparel. Furthermore, smart mirrors find applications in the automotive, consumer, residential, retail, advertising, and medical & healthcare sectors.

Market Dynamics

Governments of many countries have become more vigilant towards road accidents caused by the backing up of vehicles. Thus, they are taking actions regarding the installation of smart rear vision systems for vehicles. For instance, the U.S. issued a rule requiring rear visibility technology in all new vehicles weighing under one ton manufactured on or after March 31, 2018. Furthermore, the Russian government is curiously mandating all new cars to be equipped with rear cameras. Thus, these factors are expected to drive the growth of the market during the forecast period. Manufacturers in the market are focused on fulfilling the consumer demand since today's demand is to be socially active and updated at the same time. Thus, smart mirrors are integrated with social media platforms and provide an update about daily news, weather forecasting, and traffic reports. Hence, these factors are expected to propel the global smart mirror market growth over the forecast period.

Key features of the study:

This report provides an in-depth analysis of the global smart mirror market and provides market size (US$ million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global smart mirror market based on the following parameters -regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
The key companies covered in the global smart mirror market include ad notam AG, Evervue, Gentex Corporation, Magna International Inc., Murakami Kaimeido, Panasonic Corporation, Perseus Mirrors, Pro Display, Samsung Electronics Co., Ltd., and Tech2O
These key market players are focusing on collaboration strategies with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
Insights from this report would allow marketers and management authorities of companies to make an informed decisions regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global smart mirror market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global smart mirror market

Detailed Segmentation

Global Smart Mirror Market, By Component:
- Displays
- Camera
- Sensors
- Others
Global Smart Mirror Market, By Application:
- Automotive
- Consumer & Residential
- Healthcare
- Retail
Global Smart Mirror Market, By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Company Profiles
- ad notam AG
- Evervue
- Gentex Corporation
- Magna International Inc.
- Murakami Kaimeido
- Panasonic Corporation
- Perseus Mirrors.
- Pro Display
- Samsung Electronics Co., Ltd.
- Tech2O

Product Code: CMI3888

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Component
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Favorable government regulatory policies
Growing focus on consumer demands
- Restraints
High initial implementation cost
Low awareness among end users
- Market Opportunities
Growing demand for smart mirrors for major shopping outlets and malls
Product development can provide major business opportunities for market players
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Smart Mirror - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Smart Mirror Market, By Component, 2018-2030, (US$ Million)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends Market Share Analysis, 2023 and 2030 (%)
Display
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Camera
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Sensors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)

6. Global Smart Mirror Market, By Application, 2018-2030, (US$ Million)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends Market Share Analysis, 2023 and 2030 (%)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Consumer & Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Consumer & Residential Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)

7. Global Smart Mirror Market, By Region, 2018-2030, (US$ Million)

- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
North America
- Regional Trends
- Market Size and Forecast, By Component, 2018-2030, (US$ Million)
- Market Size and Forecast, By Application, 2018-2030, (US$ Million)
- Market Size and Forecast, By Country, 2018-2030, (US$ Million)
U.S.
Canada
Europe
- Regional Trends
- Market Size and Forecast, By Component, 2018-2030, (US$ Million)
- Market Size and Forecast, By Application, 2018-2030, (US$ Million)
- Market Size and Forecast, By Country, 2018-2030, (US$ Million)
U.K.
Germany
France
Italy
Russia
Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Component, 2018-2030, (US$ Million)
- Market Size and Forecast, By Application, 2018-2030, (US$ Million)
- Market Size and Forecast, By Country, 2018-2030, (US$ Million)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Component, 2018-2030, (US$ Million)
- Market Size and Forecast, By Application, 2018-2030, (US$ Million)
- Market Size and Forecast, By Country, 2018-2030, (US$ Million)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Component, 2018-2030, (US$ Million)
- Market Size and Forecast, By Application, 2018-2030, (US$ Million)
- Market Size and Forecast, By Country/Region, 2018-2030, (US$ Million)
South Africa
GCC Countries
Rest of the Middle East & Africa

8. Competitive Landscape

Company Profiles
- ad notam AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Evervue
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Gentex Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Magna International Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Murakami Kaimeido
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Panasonic Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Perseus Mirrors.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Pro Display
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Samsung Electronics Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Tech2O
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Analyst Views

9. Section

References
Research Methodology
About us and Sales Contact