Smart Mirror Market

Smart Mirror Market, By Component (Displays, Camera, Sensors, and Others (Mic, Speaker, Other communication devices), By Application (Automotive, Consumer & Residential, Healthcare, and Retail), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

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