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Smart Mirror Market by Component and End User: Global Opportunity Analysis and Industry Forecast, 2018 - 2025

  • ID: 4744587
  • Report
  • Region: Global
  • 247 pages
  • Allied Analytics LLP
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Smart Mirror Market Overview:

The global smart mirror market was valued at $1,750.0 million in 2017, and is projected to reach $4,118.7 million by 2025, registering a CAGR of 11.5% from 2018 to 2025.

Smart mirror is a device in which three-dimensional attributes of an object are captured along with information such as color and texture. This technology helps in saving time, cost, and efforts during the manufacturing process and improves the quality of the output.

A smart mirror is an advanced mirror, which is equipped with technologies such as self-dimming capability, self-cleaning, and other embedded electronics component. The user can access the device and interact with contextual information by giving commands. These commands can be either recognized by touch, voice, or gestures. The study covers smart mirrors utilized in industry verticals such as residential, automotive, retail, and others. In automotive industry, electrochromic auto dimming rearview and side-view mirrors are considered.

The companies operating in the market have adopted strategies such as collaboration, partnership, product launch, R&D, and acquisition to increase their market share and expand their geographical presence.

The report includes the study of the global smart mirror market with respect to the growth prospects and restraints based on the regional analysis. Moreover, it includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

The smart mirror market is segmented on the basis of component, end user, and region. Based on component, the market is divided into hardware, software, and services. By end user, it is classified into automotive, healthcare, retail, residential, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include Japan Display Inc., Gentex Corporation, Magna International Inc., Samsung Electronics, Murakami Kaimeido, Seura, Perseus Mirrors, Ficosa, Dension, and Electric Mirror.

Key Benefits for Smart Mirror Market:

This study comprises an analytical depiction of the global smart mirror market with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a strong foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers.

Smart Mirror Key Market Segmentation:

By Component

Hardware
Software
Services

By End User

Automotive
Healthcare
Residential
Others

BY REGION

North America
U.S.
Canada
Mexico

Europe
UK
Germany
France
Italy
Rest of Europe

Asia-Pacific
China
Japan
South Korea
India
Rest of Asia-Pacific

LAMEA
Latin America
Middle East
Africa

KEY MARKET PLAYERS PROFILED

Japan Display Inc.
Gentex Corporation
Magna International Inc.
Samsung Electronics
Murakami Kaimeido
Seura
Perseus Mirrors
Ficosa
Dension
Electric Mirror
Note: Product cover images may vary from those shown
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CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

Chapter 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. KEY PLAYER POSITIONING, 2017
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Growing adoption of smart mirrors in the automotive sector
3.5.1.2. Rise in demand for connected devices
3.5.1.3. Transition of digital stores in the retail industry
3.5.2. Restraints
3.5.2.1. High initial cost
3.5.2.2. Security of private information
3.5.3. Opportunity
3.5.3.1. Increase in adoption of smart home coupled with advances in industry 4.0

Chapter 4: SMART MIRROR MARKET, BY COMPONENT
4.1. OVERVIEW
4.2. HARDWARE
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. SOFTWARE
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. SERVICES
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country

Chapter 5: SMART MIRROR MARKET, BY END-USER
5.1. OVERVIEW
5.2. AUTOMOTIVE
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. HEALTHCARE
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. RESIDENTIAL
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5. OTHERS
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country

Chapter 6: SMART MIRROR MARKET, BY REGION
6.1. OVERVIEW
6.2. NORTH AMERICA
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by Component
6.2.3. Market size and forecast, by end-user
6.2.4. Market analysis by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by Component
6.2.4.1.2. Market size and forecast, by end-user
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by Component
6.2.4.2.2. Market size and forecast, by end-user
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by Component
6.2.4.3.2. Market size and forecast, by end-user
6.3. EUROPE
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by Component
6.3.3. Market size and forecast, by end-user
6.3.4. Market analysis by country
6.3.4.1. U.K.
6.3.4.1.1. Market size and forecast, by Component
6.3.4.1.2. Market size and forecast, by end-user
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by Component
6.3.4.2.2. Market size and forecast, by end-user
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by Component
6.3.4.3.2. Market size and forecast, by end-user
6.3.4.4. Italy
6.3.4.4.1. Market size and forecast, by Component
6.3.4.4.2. Market size and forecast, by end-user
6.3.4.5. Rest of Europe
6.3.4.5.1. Market size and forecast, by Component
6.3.4.5.2. Market size and forecast, by end-user
6.4. ASIA-PACIFIC
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by Component
6.4.3. Market size and forecast, by end-user
6.4.4. Market analysis by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by Component
6.4.4.1.2. Market size and forecast, by end-user
6.4.4.2. Japan
6.4.4.2.1. Market size and forecast, by Component
6.4.4.2.2. Market size and forecast, by end-user
6.4.4.3. South Korea
6.4.4.3.1. Market size and forecast, by Component
6.4.4.3.2. Market size and forecast, by end-user
6.4.4.4. India
6.4.4.4.1. Market size and forecast, by Component
6.4.4.4.2. Market size and forecast, by end-user
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market size and forecast, by Component
6.4.4.5.2. Market size and forecast, by end-user
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by Component
6.5.3. Market size and forecast, by end-user
6.5.4. Market analysis by country
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by Component
6.5.4.1.2. Market size and forecast, by end-user
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast, by Component
6.5.4.2.2. Market size and forecast, by end-user
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast, by Component
6.5.4.3.2. Market size and forecast, by end-user

Chapter 7 : COMPANY PROFILE
7.1 DENSION
7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Product portfolio
7.2 ELECTRIC MIRROR
7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Product portfolio
1.2.4 Key strategic moves and developments
7.3 FICOSA(PANASONIC)
7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Operating business segments
7.3.4 Product portfolio
7.3.5 Business performance
7.3.6 Key strategic moves and developments
7.4 GENTEX CORPORATION
7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Operating business segments
7.4.4 Product portfolio
7.4.5 Business performance
7.4.6 Key strategic moves and developments
7.5 JAPAN DISPLAY INC
7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Operating business segments
7.5.4 Product portfolio
7.5.5 Business performance
7.5.6 Key strategic moves and developments
7.6 MAGNA INTERNATIONAL INC.
7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Product portfolio
7.6.4 Business performance
7.6.5 Key strategic moves and developments
7.7 MURAKAMI CORPORATION
7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Operating business segments
7.7.4 Product portfolio
7.7.5 Business performance
7.7.6 Key strategic moves and developments
7.8 PERSEUS MIRROR
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Product portfolio
7.8.4 Key strategic moves and developments
7.9 SAMSUNG ELECTRONICS CO. LTD.
7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Operating business segments
7.9.4 Product portfolio
7.9.5 Business performance
7.9.6 Key strategic moves and developments
7.10 SEURA
7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Product portfolio
7.10.4 Key strategic moves and developments

List Of Tables
Table 01. Global Smart Mirror Market, By Component, 2017-2025($Million)
Table 02. Smart Mirror Market Revenue For Hardware, By Region 2017-2025 ($Million)
Table 03. Smart Mirror Market Revenue By Hardware, 2017-2025 ($Million)
Table 04. Smart Mirror Market Revenue For Software, By Region 2017-2025 ($Million)
Table 05. Smart Mirror Market Revenue For Services, By Region 2017-2025 ($Million)
Table 06. Global Smart Mirror Market, By End-User, 2017-2025($Million)
Table 07. Smart Mirror Market Revenue For Automotive, By Region 2017-2025 ($Million)
Table 08. Smart Mirror Market Revenue For Healthcare, By Region 2017-2025 ($Million)
Table 09. Smart Mirror Market Revenue For Residential, By Region 2017-2025 ($Million)
Table 10. Smart Mirror Market Revenue For Others, By Region 2017-2025 ($Million)
Table 11. North America Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 12. Smart Mirror Market Revenue By Hardware, 2017-2025 ($Million)
Table 13. North America Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 14. U. S. Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 15. Canada Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 16. Canada Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 17. Mexico Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 18. Mexico Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 19. Europe Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 20. Europe Smart Mirror Market Revenue By Hardware, 2017-2025 ($Million)
Table 21. Europe Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 22. U.K. Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 23. U.K. Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 24. Germany Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 25. Germany Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 26. France Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 27. France Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 28. Italy Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 29. Italy Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 30. Rest Of Europe Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 31. Rest Of Europe Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 32. Asia-Pacific Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 33. Asia Pacific Smart Mirror Market Revenue By Hardware, 2017-2025 ($Million)
Table 34. Asia-Pacific Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 35. China Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 36. China Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 37. Japan Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 38. Japan Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 39. South Korea Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 40. South Korea Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 41. India Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 42. India Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 43. Rest Of Asia-Pacific Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 44. Rest Of Asia-Pacific Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 45. LAMEA Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 46. LAMEA Smart Mirror Market Revenue By Hardware, 2017-2025 ($Million)
Table 47. LAMEA Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 48. Latin America Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 49. Latin America Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 50. Middle East Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 51. Middle East Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 52. Africa Smart Mirror Market, By Component, 2017-2025 ($Million)
Table 53. Africa Smart Mirror Market, By End-User, 2017-2025 ($Million)
Table 54. Dension: Company Snapshot
Table 55. Dension: Product Portfolio
Table 56. Electric Mirror: Company Snapshot
Table 57. Electric Mirror: Product Portfolio
Table 58. Electric Mirror: Key Strategic Moves And Developments
Table 59. Ficosa: Company Snapshot
Table 60. Panasonic: Operating Segments
Table 61. Ficosa: Product Portfolio
Table 62. Ficosa: Key Strategic Moves And Developments
Table 63. Gentex Corporation: Company Snapshot
Table 64. Gentex Corporation: Operating Segments
Table 65. Gentex Corporation: Product Portfolio
Table 66. Gentex Corporation: Key Strategic Moves And Developments
Table 67. Japan Display Inc: Company Snapshot
Table 68. Japan Display Inc: Operating Segments
Table 69. Japan Display Inc: Product Portfolio
Table 70. Japan Display Inc: Key Strategic Moves And Developments
Table 71. Magna International Inc.: Company Snapshot
Table 72. Magna International Inc.: Product Portfolio
Table 73. Murakami Corporation: Company Snapshot
Table 74. Murakami Corporation: Operating Segments
Table 75. Murakami Corporation: Product Portfolio
Table 76. Murakami Corporation: Key Strategic Moves And Developments
Table 77. Perseus Mirror: Company Snapshot
Table 78. Perseus Mirror: Product Portfolio
Table 79. Perseus Mirror: Key Strategic Moves And Developments
Table 80. Samsung: Company Snapshot
Table 81. Samsung Electronics: Operating Segments
Table 82. Samsung: Product Portfolio
Table 83. Seura: Company Snapshot
Table 84. Seura: Product Portfolio
Table 85. Seura: Key Strategic Moves And Developments

List of Figures
Figure 01. Key Market Segments
Figure 02. Executive Summary
Figure 03. Executive Summary
Figure 04. Top Impacting Factors
Figure 05. Top Investment Pockets
Figure 06. Top Winning Strategies, By Year, 20152018*
Figure 07. Top Winning Strategies, By Development, 20152018*
Figure 08. Top Winning Strategies, By Company, 20152018*
Figure 09. Moderate-To-High Bargaining Power Of Suppliers
Figure 10. Moderate-To-High Threat Of New Entrants
Figure 11. Moderate Threat Of Substitutes
Figure 12. Moderate Intensity Of Rivalry
Figure 13. Moderate-To-High Bargaining Power Of Buyers
Figure 14. Key Player Positioning (2017)
Figure 15. Global Smart Mirror Market Share, By Component, 2017-2025 (%)
Figure 16. Comparative Share Analysis Of Smart Mirror Market For Hardware, By Country, 2017 & 2025 (%)
Figure 17. Global Smart Mirror Market Share, For Smart Mirror By Hardware By Component, 2017-2025 (%)
Figure 18. Comparative Share Analysis Of Smart Mirror Market For Software, By Country, 2017 & 2025 (%)
Figure 19. Comparative Share Analysis Of Smart Mirror Market For Services, By Country, 2017 & 2025 (%)
Figure 20. Global Smart Mirror Market Share, By End-User, 2017-2025 (%)
Figure 21. Comparative Share Analysis Of Smart Mirror Market For Automotive, By Country, 2017 & 2025 (%)
Figure 22. Comparative Share Analysis Of Smart Mirror Market For Healthcare, By Country, 2017 & 2025 (%)
Figure 23. Comparative Share Analysis Of Smart Mirror Market For Residential, By Country, 2017 & 2025 (%)
Figure 24. Comparative Share Analysis Of Smart Mirror Market For Others, By Country, 2017 & 2025 (%)
Figure 25. Smart Mirror Market, By Region, 2017-2025 (%)
Figure 26. Comparative Share Analysis Of Smart Mirror Market, By Country, 2017-2025 (%)
Figure 27. U. S. Smart Mirror Market, 2017-2025 ($Million)
Figure 28. Canada Smart Mirror Market, 2017-2025 ($Million)
Figure 29. Mexico Smart Mirror Market, 2017-2025 ($Million)
Figure 30. Comparative Share Analysis Of Smart Mirror Market, By Country, 2017-2025 (%)
Figure 31. U.K. Smart Mirror Market, 2017-2025 ($Million)
Figure 32. Germany Smart Mirror Market, 2017-2025 ($Million)
Figure 33. France Smart Mirror Market, 2017-2025 ($Million)
Figure 34. Italy Smart Mirror Market, 2017-2025 ($Million)
Figure 35. Rest Of Europe Smart Mirror Market, 2017-2025 ($Million)
Figure 36. Comparative Share Analysis Of Smart Mirror Market, By Country, 2017-2025 (%)
Figure 37. China Smart Mirror Market, 2017-2025 ($Million)
Figure 38. Japan Smart Mirror Market, 2017-2025 ($Million)
Figure 39. South Korea Smart Mirror Market, 2017-2025 ($Million)
Figure 40. India Smart Mirror Market, 2017-2025 ($Million)
Figure 41. Rest Of Asia-Pacific Smart Mirror Market, 2017-2025 ($Million)
Figure 42. Comparative Share Analysis Of Smart Mirror Market, By Country, 2017-2025 (%)
Figure 43. Latin America Smart Mirror Market, 2017-2025 ($Million)
Figure 44. Middle East Smart Mirror Market, 2017-2025 ($Million)
Figure 45. Africa Smart Mirror Market, 2017-2025 ($Million)
Figure 46. Panasonic: Net Sales, 2015-2017 ($Million)
Figure 47. Panasonic: Revenue Share By Segment, 2017 (%)
Figure 48. Panasonic: Revenue Share By Geography, 2017 (%)
Figure 49. Gentex Corporation: Revenue, 2015-2017 ($Million)
Figure 50. Gentex Corporation: Revenue Share By Segment, 2017 (%)
Figure 51. Gentex Corporation: Revenue Share By Geography, 2017 (%)
Figure 52. Japan Display Inc: Net Sales, 2015-2017 ($Million)
Figure 53. Japan Display Inc: Revenue Share By Segment, 2017(%)
Figure 54. Magna International Inc.: Net Sales, 2015-2017 ($Million)
Figure 55. Magna International Inc.: Revenue Share By Segment, 2017 (%)
Figure 56. Magna International Inc.: Revenue Share By Geography, 2017 (%)
Figure 57. Murakami Corporation: Net Sales, 20162018 ($Million)
Figure 58. Murakami Corporation: Revenue Share By Geography, 2018 (%)
Figure 59. Samsung: Net Sales, 2015-2017 ($Million)
Figure 60. Samsung: Revenue Share By Segment, 2017 (%)
Figure 61. Samsung: Revenue Share By Geography, 2017 (%)
Note: Product cover images may vary from those shown
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According to this report, titled, 'Smart Mirror Market by Component and End User: Global Opportunity Analysis and Industry Forecast, 2018-2025', the global smart mirrors market was valued at $1,750.0 million in 2017, and is projected to reach $4,118.7 million by 2025, growing at a CAGR of 11.5% from 2018 to 2025.

At present, Europe dominates the market, followed by North America. In 2017, the U.S. dominated the North America market, and Germany led the overall market in Europe. However, in Asia-Pacific, China currently dominates the market.

Increase in adoption of smart mirrors in the automotive sector, rise in demand for connected devices, and transition to digital stores in the retail industry act as the key drivers of the global smart mirror market. However, high initial cost and security concerns of private information hamper the growth of the market. Conversely, increase in adoption of smart home coupled with advances in industry 4.0 is expected to create lucrative growth opportunities for the market in the near future.

Key Finding of the Smart Mirror Market Study:

Based on the end user, the automotive segment led the global smart mirrors market in 2017. However, the residential segment is anticipated to grow at the highest CAGR during the forecast period.
Europe held the majority share in 2017 in the global smart mirror market.
By component, the hardware segment dominated the global smart mirrors market in 2017.
LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
Note: Product cover images may vary from those shown
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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