$5+ Billion Worldwide Smart Mirror Industry to 2026 - Key Drivers and Restraints

DUBLIN, June 10, 2020 /PRNewswire/ -- The "Global Smart Mirror Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.

The Global Smart Mirror market is expected to reach $5470.17 million by 2026 growing at a CAGR of 13.5% from 2018 to 2026.

Smart mirrors are advanced mirrors made by sensors, integrating displays, and camera as major embedded electronic components. These next-generation mirrors offer internet connectivity and touch screen features and are gaining momentum due to various factors such as design, convenience, and safety. The prime objective of road safety can be achieved by enhancing the functionalities of automotive mirrors which further elevates the demand for smart mirrors in the automotive sector. In the retail and advertising sector, the use of smart mirrors is seen in many places such as dressing rooms to increase sales and provide a better customer experience. These are expected to gain prominent market share in healthcare applications, residential as well as professional settings.

Factors such as rise in demand for connect devices, and transitions to digital stores in the retail industry are driving the market growth. Though, security of confidential and personal data is restraining the market growth. Moreover, growing smart home market, and increasing demand for smart mirrors in automotive industry are the opportunities for the Smart Mirror market.

Based on application, the consumer & residential segment is going to have a lucrative growth during the forecast period, due to the increasing adoption of new & innovative technologies in the smart mirror industry by various smart mirror manufacturers across the globe. This in turn will increase the growth of the consumer & residential segment.

The key vendors mentioned are Dension, Electric Mirror, Ficosa, Gentex Corporation, Japan Display Inc., Magna International Inc., Murakami Kaimeido, Panasonic Corporation, Perseus Mirrors, Samsung Electronics, Seura, and Toshiba Corporation.

Key Questions Answered in this Report:

• How this market evolved since the year 2016
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analysed during the forecast period

Key Topics Covered:

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Smart Mirror Market, By Component
5.1 Introduction
5.2 Hardware
5.3 Services
5.4 Software

6 Global Smart Mirror Market, By Technology
6.1 Introduction
6.2 Electro-Chromic
6.3 Embedded
6.4 Smart Material

7 Global Smart Mirror Market, By Functionality
7.1 Introduction
7.2 Connected
7.3 Non-Connected

8 Global Smart Mirror Market, By Type
8.1 Introduction
8.2 Exterior Mirrors
8.3 Interior Mirrors

9 Global Smart Mirror Market, By Augmented Reality
9.1 Introduction
9.2 AR-Smart Mirror
9.3 Non AR-Smart Mirror

10 Global Smart Mirror Market, By Application
10.1 Introduction
10.2 Advertising & Retail
10.3 Automotive
10.4 Consumer & Residential
10.5 Medical & Healthcare

11 Global Smart Mirror Market, By Geography
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 South America
11.6 Middle East & Africa

12 Strategic Benchmarking

13 Vendors Landscape
13.1 Dension
13.2 Electric Mirror
13.3 Ficosa
13.4 Gentex Corporation
13.5 Japan Display Inc.
13.6 Magna International Inc.
13.7 Murakami Kaimeido
13.8 Panasonic Corporation
13.9 Perseus Mirrors
13.10 Samsung Electronics
13.11 Seura
13.12 Toshiba Corporation

For more information about this report visit https://www.researchandmarkets.com/r/4mh67z

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