Smart Mirror Market by Application (Automotive, Hospitality & Retail), Automotive Smart Mirror (Type and Functionality), Hospitality & Retail Smart Mirror (Component, Technology, and Augmented Reality), and Region - Global Forecast to 2023

  • ID: 4615163
  • Report
  • Region: Global
  • 140 Pages
  • Markets and Markets
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The Smart Mirror Market, in Terms of Value, is Expected to Grow from USD 2.82 Billion by 2018 to USD 4.42 Billion by 2023, at a CAGR of 9.41% from 2018 to 2023

FEATURED COMPANIES

  • Actimirror
  • Dension
  • Ficosa
  • Keonn
  • Mirrocool
  • Oak Labs
  • MORE

“Smart mirror market projected to grow at 9.41% CAGR during forecast period”
The smart mirror market is expected to grow from USD 2.82 billion by 2018 to USD 4.42 billion by 2023, at a CAGR of 9.41% from 2018 to 2023. The increasing demand for smart mirrors in the automotive industry, the transition from traditional stores to digital stores in the retail industry, the presence of a large number of start-ups in the smart mirror market, and the new and innovative features of smart mirrors are driving the market growth. Major factor restraining the growth of the smart mirror market is the security issues associated with confidential and personal data.

“Market for hospitality and retail to grow at the highest CAGR from 2018 to 2023”
The market for the hospitality and retail application is expected to grow at the highest CAGR from 2018 to 2023. Smart mirrors are often used in the retail sector wherein retailers try to catch the interest of potential clients and encourage them for frequent or regular visits. Additionally, they can display useful information, ranging from price and size availability to the fabric used. The increasing adoption rate of smart mirrors in the hospitality and retail applications in North America and Europe is driving the market in these regions.

“Automotive interior mirrors to hold larger share of market by 2018”
Interior mirrors, or inner rear-view mirrors, are mounted inside the vehicle, usually at the top of the windshield, allowing drivers to adjust them according to their height and viewing angle. Interior auto-dimming rear-view mirrors reduce glare by automatically darkening their surfaces, which results in the improved visibility for the driver. The interior auto/self-dimming mirrors are more often used in cars and light commercial vehicles. Also, the adoption of the interior auto-dimming mirror is huge in North America and Europe.

“Automotive smart mirror market in APAC to grow at highest CAGR during 2018–2023”
The growth of the market in APAC can be attributed to the high vehicle production in China, Japan, India, and South Korea. The increasing demand for auto-dimming smart mirrors is creating huge growth opportunities for the smart mirror market in this region. The adoption of advanced technologies such as smart mirrors is projected to increase rapidly due to the increase in the production of luxury and premium cars in the Indian and Chinese automotive markets. Other factors contributing to the growth of the automotive smart mirror market include the falling prices of camera technology and increasing demand for advanced features in mirrors for vehicles.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key experts.

The breakup of the profiles of primary participants is as follows:
By Company Type: Tier 1-23 %, Tier 2-32%, and Tier 3-45%
By Designation: C-Level Executives-43%, Directors-27%, and Others-30%
By Region: Americas-22%, Europe-43%, APAC-25%, and RoW-10%

Companies that provide a range of customized solutions to customers are expected to emerge as game changers.

This report profiles the following key Smart mirror manufacturers in this market:
1. Gentex (US)
2. Magna (Canada)
3. Electric Mirror (US)
4. Seura (US)
5. Murakami Kaimeido (Japan)
6. Ficosa (Spain)
7. ALKE (Belgium)
8. Ad Notam (Germany)
9. Dension (Hungary)
10. Keonn (Spain)

Research Coverage
This report covers the smart mirror market segmented into automotive, and hospitality and retail, and others, on the basis of application. The automotive smart mirror market is further segmented by type, functionality, and region. The hospitality and retail smart mirror market is subsegmented by component, technology, augmented reality, and region. However, the market for other applications is further segmented on the basis of component and region. A detailed analysis of the key industry players has been done to provide insights into their business, products and services, and key strategies, such as product launches and developments, related to the smart mirror market.

Key Benefits of Buying This Report
1. This report segments the overall market comprehensively and provides the closest approximations of the global smart mirror market size and that of subsegments across applications and regions.
2. The report helps stakeholders understand the pulse of the market and provides them information on key drivers, restraints, challenges, and opportunities pertaining to the smart mirror market.
3. This report would help stakeholders better understand their competitors and gain more insights to enhance their position in the market. The competitive landscape section includes competitor ecosystem and recent developments in the smart mirror market.

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FEATURED COMPANIES

  • Actimirror
  • Dension
  • Ficosa
  • Keonn
  • Mirrocool
  • Oak Labs
  • MORE

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.4 Years Considered
1.5 Currency
1.6 Package Size
1.7 Limitations
1.8 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Smart Mirror Market
4.2 Automotive Smart Mirror Market, By Functionality Type
4.3 Automotive Smart Mirror Market in Europe, By Type and Country (2018)
4.4 Automotive Smart Mirror Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Smart Mirrors in Automotive Industry
5.2.1.2 Transition From Traditional Stores to Digital Stores in Retail Industry
5.2.1.3 Presence of Large Number of Start-Ups in Smart Mirror Market
5.2.1.4 New and Innovative Features of Smart Mirrors
5.2.2 Restraints
5.2.2.1 Security of Confidential and Personal Data
5.2.3 Opportunities
5.2.3.1 Growing Smart Home Market
5.2.3.2 Untapped Market in APAC
5.2.4 Challenges
5.2.4.1 High Costs and Lack of Awareness

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Research & Product Development
6.2.2 Original Equipment Manufacturers
6.2.3 Key Technology Providers & System Integrators
6.2.4 Distributors & Marketing Teams
6.2.5 End-Users
6.3 Key Industry Trends
6.3.1 Integration of Digital Experiences in Retail Stores
6.3.2 Collection & Analysis of Customer Data
6.3.3 Content Management With Smart Mirrors

7 Smart Mirror Market, By Application
7.1 Introduction
7.2 Automotive
7.3 Hospitality & Retail
7.4 Others

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

9 Automotive Smart Mirror Market, By Functionality
9.1 Introduction
9.2 Connected
9.3 Non-Connected

10 Smart Mirror Market for Hospitality & Retail and Others, By Component
10.1 Introduction
10.2 Hardware
10.2.1 Sensors
10.2.1.1 Temperature Sensors
10.2.1.2 Light Sensors
10.2.1.3 Humidity Sensors
10.2.2 Displays
10.2.3 Cameras
10.2.4 Audio Systems
10.2.5 Connectivity Components
10.3 Software
10.4 Services

11 Smart Mirror Market for Hospitality & Retail, By Augmented Reality Feature
11.1 Introduction
11.2 AR Smart Mirror
11.3 Non-AR Smart Mirror

12 Smart Mirror Market for Hospitality & Retail, By Technology
12.1 Introduction
12.2 Self-Dimming Technology
12.3 Others

13 Smart Mirror Market, By Geography
13.1 Introduction
13.2 Americas
13.2.1 North America
13.2.1.1 US
13.2.2 Rest of North America
13.2.2.1 Canada
13.2.2.2 Mexico
13.2.3 South America
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Rest of Europe
13.4 APAC
13.4.1 China
13.4.2 Japan
13.4.3 South Korea
13.4.4 Rest of APAC
13.5 Rest of the World
13.5.1 Middle East
13.5.2 Africa

14 Competitive Landscape
14.1 Introduction
14.2 Ranking of Top Market Players in Smart Mirror Market, 2017
14.3 Competitive Scenario & Trends
14.3.1 Product Launches & Developments, 2016–2017
14.3.2 Partnerships, Contracts, Agreements, Collaborations,& Expansions, 2015–2017
14.3.3 Mergers & Acquisitions, 2017

15 Company Profiles
15.1 Key Players
15.1.1 Gentex
15.1.2 Magna
15.1.3 Electric Mirror
15.1.4 Séura
15.1.5 Murakami Kaimeido
15.1.6 Ficosa
15.1.7 Alke
15.1.8 AD Notam
15.1.9 Dension
15.1.10 Keonn
15.2 Other Important Players
15.2.1 Mirrocool
15.2.2 Seymourpowell
15.2.3 Memomi
15.2.4 Perseus Mirrors
15.2.5 Actimirror
15.3 Start-Up Ecosystem
15.3.1 Glance Displays
15.3.2 Dirror
15.3.3 Oak Labs
15.3.4 Smartspot
15.3.5 Myra Mirrors

16 Appendix
16.1 Insights From Industry Experts
16.2 Discussion Guide
16.3 Knowledge Store: Subscription Portal
16.4 Available Customizations
16.5 Related Reports
16.6 Author Details

List of Tables (65 Tables)

Table 1 Smart Mirror Market, By Application, 2015–2023 (USD Million)
Table 2 Automotive Smart Mirror Market, By Type, 2015–2023 (USD Million)
Table 3 Automotive Smart Mirror Market for Interior Mirrors, By Region, 2015–2023 (USD Million)
Table 4 Automotive Smart Mirror Market for Exterior Mirrors, By Region, 2015–2023 (USD Million)
Table 5 Automotive Smart Mirror Market, By Functionality, 2015–2023 (USD Million)
Table 6 Automotive Smart Mirror Market for Connected Functionality, By Region, 2015–2023 (USD Million)
Table 7 Automotive Smart Mirror Market for Non-Connected Functionality, By Region, 2015–2023 (USD Million)
Table 8 Smart Mirror Market for Hospitality and Retail, By Component, 2015–2023 (USD Million)
Table 9 Smart Mirror Market for Others Application, By Component, 2015–2023 (USD Million)
Table 10 Hospitality and Retail Smart Mirror Market for Hardware, By Type, 2015–2023 (USD Million)
Table 11 Hospitality and Retail Smart Mirror Market, By Region, 2015–2023 (USD Million)
Table 12 Others Smart Mirror Market for Hardware, By Type, 2015–2023 (USD Million)
Table 13 Others Smart Mirror Market, By Region, 2015–2023 (USD Million)
Table 14 Hospitality and Retail Market, By AR Feature, 2015–2023 (USD Million)
Table 15 Hospitality and Retail Market for Self-Dimming Technology, By Region, 2015–2023 (USD Million)
Table 16 Hospitality and Retail Market for Other Technologies, By Region, 2015–2023 (USD Million)
Table 17 Hospitality and Retail Smart Mirror Market in Americas, By Technology, 2015–2023 (USD Million)
Table 18 Hospitality and Retail Smart Mirror Market in Europe, By Technology, 2015–2023 (USD Million)
Table 19 Hospitality and Retail Smart Mirror Market in APAC, By Technology, 2015–2023 (USD Million)
Table 20 Hospitality and Retail Smart Mirror Market in RoW, By Technology, 2015–2023 (USD Million)
Table 21 Automotive Smart Mirror Market, By Region, 2015–2023 (USD Million)
Table 22 Automotive Smart Mirror Market in Americas, By Type, 2015–2023 (USD Million)
Table 23 Automotive Smart Mirror Market in Americas, By Region, 2015–2023 (USD Million)
Table 24 Automotive Smart Mirror Market in Americas, By Functionality Type, 2015–2023 (USD Million)
Table 25 Automotive Smart Mirror Market in North America, By Type, 2015–2023 (USD Million)
Table 26 Automotive Smart Mirror Market in North America, By Functionality Type, 2015–2023 (USD Million)
Table 27 Automotive Smart Mirror Market in North America, By Country, 2015–2023 (USD Million)
Table 28 Automotive Smart Mirror Market in US, By Type, 2015–2023 (USD Million)
Table 29 Automotive Smart Mirror Market in US, By Functionality Type, 2015–2023 (USD Million)
Table 30 Automotive Smart Mirror Market in Rest of North America, By Type, 2015–2023 (USD Million)
Table 31 Automotive Smart Mirror Market in Rest of North America, By Functionality Type, 2015–2023 (USD Million)
Table 32 Automotive Smart Mirror Market in South America, By Type, 2015–2023 (USD Million)
Table 33 Automotive Smart Mirror Market in South America, By Functionality Type, 2015–2023 (USD Million)
Table 34 Automotive Smart Mirror Market in Europe, By Type, 2015–2023 (USD Million)
Table 35 Automotive Smart Mirror Market in Europe, By Functionality Type, 2015–2023 (USD Million)
Table 36 Automotive Smart Mirror Market in Europe, By Country, 2015–2023 (USD Million)
Table 37 Automotive Smart Mirror Market in Germany, By Type, 2015–2023 (USD Million)
Table 38 Automotive Smart Mirror Market in Germany, By Functionality Type, 2015–2023 (USD Million)
Table 39 Automotive Smart Mirror Market in UK, By Type, 2015–2023 (USD Million)
Table 40 Automotive Smart Mirror Market in UK, By Functionality Type, 2015–2023 (USD Million)
Table 41 Automotive Smart Mirror Market in France, By Type, 2015–2023 (USD Million)
Table 42 Automotive Smart Mirror Market in France, By Functionality Type, 2015–2023 (USD Million)
Table 43 Automotive Smart Mirror Market in Italy, By Type, 2015–2023 (USD Million)
Table 44 Automotive Smart Mirror Market in Italy, By Functionality Type, 2015–2023 (USD Million)
Table 45 Automotive Smart Mirror Market in Rest of Europe, By Type, 2015–2023 (USD Million)
Table 46 Automotive Smart Mirror Market in Rest of Europe, By Functionality Type, 2015–2023 (USD Million)
Table 47 Automotive Smart Mirror Market in APAC, By Type, 2015–2023 (USD Million)
Table 48 Automotive Smart Mirror Market in APAC, By Functionality Type, 2015–2023 (USD Million)
Table 49 Automotive Smart Mirror Market in APAC, By Country, 2015–2023 (USD Million)
Table 50 Automotive Smart Mirror Market in China, By Type, 2015–2023 (USD Million)
Table 51 Automotive Smart Mirror Market in China, By Functionality Type, 2015–2023 (USD Million)
Table 52 Automotive Smart Mirror Market in Japan, By Type, 2015–2023 (USD Million)
Table 53 Automotive Smart Mirror Market in Japan, By Functionality Type, 2015–2023 (USD Million)
Table 54 Automotive Smart Mirror Market in South Korea, By Type, 2015–2023 (USD Million)
Table 55 Automotive Smart Mirror Market in South Korea, By Functionality Type, 2015–2023 (USD Million)
Table 56 Automotive Smart Mirror Market in Rest of APAC, By Type, 2015–2023 (USD Million)
Table 57 Automotive Smart Mirror Market in Rest of APAC, By Functionality, 2015–2023 (USD Million)
Table 58 Automotive Smart Mirror Market in RoW, By Type, 2015–2023 (USD Million)
Table 59 Automotive Smart Mirror Market in RoW, By Functionality Type, 2015–2023 (USD Million)
Table 60 Automotive Smart Mirror Market in RoW, By Region, 2015–2023 (USD Million)
Table 61 Automotive Smart Mirror Market in Middle East, By Type, 2015–2023 (USD Million)
Table 62 Automotive Smart Mirror Market in Middle East, By Functionality Type, 2015–2023 (USD Million)
Table 63 Automotive Smart Mirror Market in Africa, By Type, 2015–2023 (USD Million)
Table 64 Automotive Smart Mirror Market in Africa, By Functionality Type, 2015–2023 (USD Million)
Table 65 Ranking of Top Players in Smart Mirror Market, 2017

List of Figures (43 Figures)

Figure 1 Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Hospitality and Retail Smart Mirror Market to Grow at Highest CAGR During Forecast Period
Figure 6 Interior Mirror to Hold Larger Size of Automotive Smart Mirror Market During Forecast Period
Figure 7 Hardware to Hold Largest Size of Hospitality and Retail Smart Mirror Market During Forecast Period
Figure 8 Automotive Smart Mirror Market in APAC to Grow at Highest CAGR During Forecast Period
Figure 9 Increasing Need for Driver Safety and Comfort in Automotive Industry to Propel Growth of Smart Mirror Market Between 2018 and 2023
Figure 10 Non-Connected Smart Mirrors to Hold Larger Share of Automotive Smart Mirror Market During Forecast Period
Figure 11 Interior Mirrors to Dominate Automotive Smart Mirror Market in Europe By 2018
Figure 12 North America to Hold Largest Share of Automotive Smart Mirror Market By 2018
Figure 13 Increasing Demand for Smart Mirrors in Automotive Industry is Driving the Smart Mirror Market
Figure 14 Analysis of Smart Mirror Value Chain
Figure 15 Integration of Smart Mirrors for Digital Experiences in Retail Stores—Leading Trend in Key Market Players
Figure 16 Smart Mirror Market, By Application
Figure 17 Automotive to Hold Largest Share of Smart Mirror Market During Forecast Period
Figure 18 Shipment of Automotive Smart Mirrors, 2018 & 2023 (Million Units)
Figure 19 Smart Mirror Market for Automotive, By Type
Figure 20 Europe to Hold Largest Size of Automotive Smart Mirror Market for Interior Mirrors During Forecast Period
Figure 21 Automotive Smart Mirror Market, By Functionality
Figure 22 Non-Connected Functionality to Hold Larger Share of Automotive Smart Mirror Market During Forecast Period
Figure 23 Automotive Smart Mirror Market for Non-Connected Functionality in APAC to Grow at Highest CAGR During Forecast Period
Figure 24 Smart Mirror Market for Hospitality & Retail and Others, By Component
Figure 25 Smart Mirror Market for Hardware, By Type
Figure 26 Displays to Hold Largest Size of Hospitality and Retail Smart Mirror Market for Hardware During Forecast Period
Figure 27 Americas to Hold Largest Size of Smart Mirror Market for Hospitality and Retail During Forecast Period
Figure 28 Smart Mirror Market, By AR Feature
Figure 29 Smart Mirror Market for Hospitality and Retail, By Technology
Figure 30 Americas to Hold Largest Size of Hospitality and Retail Market for Self-Dimming Smart Mirrors By 2023
Figure 31 Smart Mirror Market, By Region
Figure 32 Automotive Smart Mirror Market in APAC to Grow at the Highest CAGR Between 2018 and 2023
Figure 33 Europe to Hold Largest Share of Automotive Smart Mirror Market By 2023
Figure 34 Snapshot of Smart Mirror Market in Americas
Figure 35 Snapshot of Smart Mirror Market in Europe
Figure 36 Germany to Hold Largest Size of Automotive Smart Mirror Market in Europe By 2023
Figure 37 Snapshot of Smart Mirror Market in APAC
Figure 38 China to Hold Largest Share of Automotive Smart Mirror Market in APAC During Forecast Period
Figure 39 Top Players in Smart Mirror Market: Important Developments
Figure 40 Market Evaluation Framework: Product Launches and Developments Fueled Growth and Innovation During 2015–2017
Figure 41 Gentex: Company Snapshot
Figure 42 Magna: Company Snapshot
Figure 43 Murakami Kaimeido: Company Snapshot

Note: Product cover images may vary from those shown
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  • Actimirror
  • AD Notam
  • Alke
  • Dension
  • Dirror
  • Electric Mirror
  • Ficosa
  • Gentex
  • Glance Displays
  • Keonn
  • Magna
  • Memomi
  • Mirrocool
  • Murakami Kaimeido
  • Myra Mirrors
  • Oak Labs
  • Perseus Mirrors
  • Seymourpowell
  • Smartspot
  • Séura
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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