Product Code: ETC4566025 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India auto dimming mirror market import shipments witnessed a robust CAGR from 2020 to 2024. However, the growth rate between 2023 and 2024 showed a slight deceleration. Overall, the market expanded significantly with strong momentum, albeit with a slight slowdown towards the end of the period.
The India Auto-Dimming Mirror market is expanding as safety and convenience features in vehicles become more important. Auto-dimming mirrors automatically adjust their reflection level based on the brightness of headlights from vehicles behind, reducing glare and enhancing nighttime driving safety. As India consumers prioritize safety and comfort, this market is expected to grow, particularly in higher-end vehicle segments.
The India auto-dimming mirror market is being driven by factors like increased road safety awareness and the desire for enhanced driving comfort. Auto-dimming mirrors reduce glare from headlights of vehicles behind, thus improving driver visibility and safety. As consumers become more safety-conscious, the demand for these mirrors is rising. The incorporation of advanced technologies like electrochromic mirrors and the integration of features such as cameras and sensors for additional safety contribute to the market`s growth.
The India auto-dimming mirror market faces challenges in providing reliable and cost-effective solutions that enhance driver safety. Developing mirror technology that adapts to the diverse driving conditions in India is crucial.
The auto-dimming mirror market experienced a temporary setback during the pandemic due to disruptions in the automotive supply chain. However, as consumers continued to prioritize safety features, the market saw a resurgence in demand. Auto-dimming mirrors became more popular for their ability to reduce glare and improve visibility, which was essential for safe driving.
Major contributors in this sector encompass Gentex Corporation, Magna International, Murakami Corporation, and Ficosa.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Auto Dimming Mirror Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Auto Dimming Mirror Market Revenues & Volume, 2021 & 2031F |
3.3 India Auto Dimming Mirror Market - Industry Life Cycle |
3.4 India Auto Dimming Mirror Market - Porter's Five Forces |
3.5 India Auto Dimming Mirror Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 India Auto Dimming Mirror Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Auto Dimming Mirror Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
4 India Auto Dimming Mirror Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about road safety features |
4.2.2 Growth in the automotive industry in India |
4.2.3 Rising disposable income leading to higher adoption of advanced automotive technologies |
4.3 Market Restraints |
4.3.1 High initial investment cost for auto dimming mirrors |
4.3.2 Lack of standardization in the market |
4.3.3 Limited availability of skilled technicians for installation and maintenance |
5 India Auto Dimming Mirror Market Trends |
6 India Auto Dimming Mirror Market, By Types |
6.1 India Auto Dimming Mirror Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 India Auto Dimming Mirror Market Revenues & Volume, By Fuel Type, 2021-2031F |
6.1.3 India Auto Dimming Mirror Market Revenues & Volume, By BEV, 2021-2031F |
6.1.4 India Auto Dimming Mirror Market Revenues & Volume, By ICE, 2021-2031F |
6.1.5 India Auto Dimming Mirror Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 India Auto Dimming Mirror Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Auto Dimming Mirror Market Revenues & Volume, By IRVM , 2021-2031F |
6.2.3 India Auto Dimming Mirror Market Revenues & Volume, By ORVM, 2021-2031F |
6.3 India Auto Dimming Mirror Market, By Functionality |
6.3.1 Overview and Analysis |
6.3.2 India Auto Dimming Mirror Market Revenues & Volume, By Connected , 2021-2031F |
6.3.3 India Auto Dimming Mirror Market Revenues & Volume, By Non-Connected, 2021-2031F |
7 India Auto Dimming Mirror Market Import-Export Trade Statistics |
7.1 India Auto Dimming Mirror Market Export to Major Countries |
7.2 India Auto Dimming Mirror Market Imports from Major Countries |
8 India Auto Dimming Mirror Market Key Performance Indicators |
8.1 Adoption rate of advanced safety features in vehicles |
8.2 Number of new car models equipped with auto dimming mirrors |
8.3 Average selling price of auto dimming mirrors in the market |
9 India Auto Dimming Mirror Market - Opportunity Assessment |
9.1 India Auto Dimming Mirror Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 India Auto Dimming Mirror Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Auto Dimming Mirror Market Opportunity Assessment, By Functionality, 2021 & 2031F |
10 India Auto Dimming Mirror Market - Competitive Landscape |
10.1 India Auto Dimming Mirror Market Revenue Share, By Companies, 2024 |
10.2 India Auto Dimming Mirror Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |