Global Market Study on Smart Mirrors: Automotive and Lifestyle Industry to Drive Demand Growth

Jun 2021| PMR1654A| Persistence Market Research

Report Highlights

Smart Mirror Market: Report Scope

The report on the global smart mirrors market details industry analysis of 2016 to 2020, and provides forecasts for the market for the years 2021 to 2031.

Smart mirrors are highly functional advanced mirrors manufactured by integration of embedded electronics such as displays, cameras, and sensors. Smart mirrors offer an array of features such as Internet connectivity and some products offer touchscreen option.

Vast scope for embedded electronics smart mirrors exists in various applications such as automotive, healthcare and medical, and retail sectors, for commercial and residential consumers, and advertising purposes. Especially in the automotive sector, the smart mirror is gaining popularity across developed regions and is gaining traction in developing regions as well.

In automobile applications, smart mirrors are replacing rear-view and side-view mirrors (wing fender mirror) and offer enhanced safety and security features as compared to conventional mirrors.

This report covers the global smart mirror market performance in terms of value and volume contribution. This section also includes Persistence Market Research analysis of key trends, drivers, restraints, challenges, and opportunities, which are influencing the global smart mirror market.

Impact analysis of key growth drivers and restraints, based on the weighted average model, is included in this report to better equip clients with crystal clear decision-making insights.

The global smart mirror market is being driven by factors such as increasing demand for the smart mirror in major shopping outlets & malls and government regulations mandating installation of ‘camera display mirrors’ in light motor vehicles in some countries across the globe.

Also, increasing popularity of smart mirror among individuals is due to highly busy work schedules, changing lifestyle, and increasing affluent population, mostly in countries in developed regions of the world. This, in turn, is fueling the growth of the smart mirror market.

However, factors such as high implementation cost of the smart mirror and low and lack of awareness among people regarding smart mirror technology are expected to deter market growth.

In this report, the global smart mirror market is segmented by component, application, and region. By component, smart mirror market is segmented into sensors, display, camera and others. Displays have been estimated to be the dominant segment of the global smart mirror market in 2021.

Key Features of This Report

  • Drivers, restraints, and challenges in the smart mirror market
  • Latest innovations and key developments in the market
  • Analysis of business strategies of major players
  • Smart Mirror market estimates and forecast
  • Table 1 : Global Smart Mirror Market Volume ('000) & Value (US$ Mn) Forecast By Region
  • Table 2 : North America Smart Mirror Market Volume (‘000 units) Forecast By Application
  • Table 3 : North America Smart Mirror Market Volume ('000) & Value (US$ Mn) Forecast By Automotive Product Type
  • Table 4 : Latin America Smart Mirror Market Volume (‘000 units) Forecast By Application
  • Table 5 : Latin America Smart Mirror Market Volume ('000) & Value (US$ Mn) Forecast By Automotive Product Type
  • Table 6 : Europe Smart Mirror Market Volume (‘000 units) Forecast By Application
  • Table 7 : Europe Smart Mirror Market Volume ('000) & Value (US$ Mn) Forecast By Automotive Product Type
  • Table 8 : Asia Pacific Smart Mirror Market Volume (‘000 units) Forecast By Application, 2021–2031
  • Table 9 : Asia Pacific Smart Mirror Market Volume ('000) & Value (US$ Mn) Forecast By Automotive Product Type, 2021–2031
  • Table 10 : MEA Smart Mirror Market Volume (‘000 units) Forecast By Application, 2021–2031
  • Table 11 : MEA Smart Mirror Market Volume ('000 units) & Value (US$ Mn) Forecast By Automotive Product Type, 2021–2031
  • Table 12 : Global Smart Mirror Market Value (US$ Mn) Forecast By Component, 2021–2031
  • Figure 1 : Global Smart Mirror Market value (US$ Mn) and Volume (‘000) Forecast
  • Figure 2 : Global Smart Mirror Market Absolute $ Opportunity, 2021–2031
  • Figure 3 : Global Smart Mirror Market Value Share (%) & BPS Analysis by Application, 2021 & 2031
  • Figure 4 : Global Smart Mirror Market Value Y-o-Y Growth Comparison, by Application, 2021–2031
  • Figure 5 : Global Smart Mirror Market Volume Share (%) & BPS Analysis by Application, 2021 & 2031
  • Figure 6 : Global Smart Mirror Market Volume Y-o-Y Growth Comparison, by Application, 2015–2022
  • Figure 7 : Global Smart Mirror Market Absolute Unit Opportunity, 2021–2031 by Automotive Sector
  • Figure 8 : Global Smart Mirror Market Absolute Unit Opportunity, 2021–2031 by Consumer & Residential Application
  • Figure 9 : Global Smart Mirror Market Absolute Unit Opportunity, 2021–2031 by Healthcare Sector Segment
  • Figure 10 : Global Smart Mirror Market Absolute Unit Opportunity, 2021–2031 by Retail Sector & Advertising Segment
  • Figure 11 : Global Smart Mirror Market Value (US$ Mn) and Volume ('000 units) Forecast (2021–2031) by Automotive Sector
  • Figure 12 : Global Smart Mirror Market Absolute $ Opportunity, 2021–2031 by Automotive Sector
  • Figure 13 : Global Smart Mirror Market Value (US$ Mn) and Volume ('000 units) Forecast (2021–2031) by Consumer & Residential Application
  • Figure 14 : Global Smart Mirror Market Absolute $ Opportunity, 2021–2031 by Consumer & Residential Application
  • Figure 15 : Global Smart Mirror Market Value (US$ Mn) and Volume ('000 units) Forecast (2021–2031) by Healthcare Sector
  • Figure 16 : Global Smart Mirror Market Absolute $ Opportunity, 2021–2031 by Healthcare Sector
  • Figure 17 : Global Smart Mirror Market Value (US$ Mn) and Volume ('000 units) Forecast (2021–2031) by Retail Sector & Advertising
  • Figure 18 : Global Smart Mirror Market Absolute $ Opportunity, 2021–2031 by Retail Sector & Advertising
  • Figure 19 : Global Smart Mirror Market Attractiveness, by Application, 2021–2031
  • Figure 20 : Global Smart Mirror Market Value Share (%) & BPS Analysis by Region, 2021–2031
  • Figure 21 : Global Smart Mirror Market Value Y-o-Y Growth Comparison, by Region, 2021–2031
  • Figure 22 : Global Smart Mirror Market Volume Share (%) by Region, 2021 & 2031
  • Figure 23 : Global Smart Mirror Market Volume Y-o-Y Growth Comparison, by Region, 2021–2031
  • Figure 24 : North America Smart Mirror Market Value (US$ Mn) Forecast (2021–2031)
  • Figure 25 : North America Smart Mirror Market Absolute $ Opportunity, 2021–2031
  • Figure 26 : North America Smart Mirror Market Volume ('000 units) Forecast (2021–2031)
  • Figure 27 : North America Smart Mirror Market Absolute Unit Opportunity, 2021–2031
  • Figure 28 : North America Smart Mirror Market Value (US$ Mn) by Application, 2021
  • Figure 29 : North America Smart Mirror Market Value (US$ Mn) by Application, 2031
  • Figure 30 : North America Smart Mirror Market Value (US$ Mn) by Component, 2021
  • Figure 31 : North America Smart Mirror Market Value (US$ Mn) by Component, 2031
  • Figure 32 : North America Smart Mirror Market Value share (%) by Application, 2021 & 2031
  • Figure 33 : North America Smart Mirror Market Value Y-o-Y Growth Comparison, by Application, 2021–2031
  • Figure 34 : North America Smart Mirror Market Attractiveness, by country, 2021–2031
  • Figure 35 : Latin America Smart Mirror Market Value (US$ Mn) Forecast (2021–2031)
  • Figure 36 : Latin America Smart Mirror Market Absolute $ Opportunity, 2021–2031
  • Figure 37 : Latin America Smart Mirror Market Volume ('000 units) Forecast (2021–2031)
  • Figure 38 : Latin America Smart Mirror Market Absolute Unit Opportunity, 2021–2031
  • Figure 39 : Latin America Smart Mirror Market Value (US$ Mn) by Application, 2021
  • Figure 40 : Latin America Smart Mirror Market Value (US$ Mn) by Application, 2031
  • Figure 41 : Latin America Smart Mirror Market Value (US$ Mn) by Component, 2021
  • Figure 42 : Latin America Smart Mirror Market Value (US$ Mn) by Component, 2031
  • Figure 43 : Latin America Smart Mirror Market Value share (%) by Application, 2021 & 2031
  • Figure 44 : Latin America Smart Mirror Market Value Y-o-Y Growth Comparison, by Application, 2021–2031
  • Figure 45 : Latin America Smart Mirror Market Attractiveness, by Country, 2021–2031
  • Figure 46 : Europe Smart Mirror Market Value (US$ Mn) Forecast (2021–2031)
  • Figure 47 : Europe Smart Mirror Market Absolute $ Opportunity, 2021–2031
  • Figure 48 : Europe Smart Mirror Market Volume ('000 units) Forecast (2021–2031)
  • Figure 49 : Europe Smart Mirror Market Absolute Units Opportunity, 2021–2031
  • Figure 50 : Europe Smart Mirror Market Value (US$ Mn) by Application, 2021
  • Figure 51 : Europe Smart Mirror Market Value (US$ Mn) by Application, 2031
  • Figure 52 : Europe Smart Mirror Market Value (US$ Mn) by Component, 2021 (US$ Mn)
  • Figure 53 : Europe Smart Mirror Market Value (US$ Mn) by Component, 2031 (US$ Mn)
  • Figure 54 : Europe Smart Mirror Market Value Share (%) by Application, 2021 & 2031
  • Figure 55 : Europe Smart Mirror Market Attractiveness, by country, 2021–2031
  • Figure 56 : Asia Pacific Smart Mirror Market Value (US$ Mn) Forecast (2021–2031)
  • Figure 57 : Asia Pacific Smart Mirror Market Absolute $ Opportunity, 2021–2031
  • Figure 58 : Asia Pacific Smart Mirror Market Volume ('000 units) Forecast (2021–2031)
  • Figure 59 : Asia Pacific Smart Mirror Market Absolute Units Opportunity, 2021–2031
  • Figure 60 : Asia Pacific Smart Mirror Market Value (US$ Mn) by Application, 2021
  • Figure 61 : Asia Pacific Smart Mirror Market Value (US$ Mn) by Application, 2031
  • Figure 62 : Asia Pacific Smart Mirror Market Value (US$ Mn) by Component, 2021
  • Figure 63 : Asia Pacific Smart Mirror Market Value (US$ Mn) by Component, 2031 (US$ Mn)
  • Figure 64 : Asia Pacific Smart Mirror Market Value Share (%) by Application, 2021 & 2031
  • Figure 65 : Asia Pacific Smart Mirror Market Value Y-o-Y Growth Comparison, by Application, 2021–2031
  • Figure 66 : Asia Pacific Smart Mirror Market Attractiveness, by Country, 2021–2031
  • Figure 67 : MEA Smart Mirror Market Value (US$ Mn) Forecast (2021–2031)
  • Figure 68 : MEA Smart Mirror Market Absolute $ Opportunity, 2021–2031
  • Figure 69 : MEA Smart Mirror Market Volume ('000 units) Forecast (2021–2031)
  • Figure 70 : MEA Smart Mirror Market Absolute Units Opportunity, 2021–2031
  • Figure 71 : MEA Smart Mirror Market Value (US$ Mn) by Application, 2021
  • Figure 72 : MEA Smart Mirror Market Value (US$ Mn) by Application, 2031
  • Figure 73 : MEA Smart Mirror Market Value (US$ Mn) by Component, 2021 (US$ Mn)
  • Figure 74 : MEA Smart Mirror Market Value (US$ Mn) by Component, 2031 (US$ Mn)
  • Figure 75 : MEA Smart Mirror Market Value Share (%) by Application, 2021 & 2031
  • Figure 76 : MEA Smart Mirror Market Value Y-o-Y Growth Comparison, by Application, 2021–2031
  • Figure 77 : MEA Smart Mirror Market Attractiveness, by Country, 2021–2031
  • Figure 78 : MEA Smart Mirror Market Value (US$ Mn) by Component, 2021
  • Figure 79 : MEA Smart Mirror Market Value (US$ Mn) by Component, 2031
  • Figure 80 : MEA Smart Mirror Market Value Share (%) by Component, 2021 & 2031
  • Figure 81 : Global Smart Mirror Market Attractiveness, by Component, 2021–2031

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