A smart mirror is an innovative technology that enables the user to access smartphone like features on a basic mirror. These smart mirrors are embedded with several electronic components such as displays, sensors, etc. which enhance the user’s experience.The global smart mirror market is anticipated to expand at a compound annual growth rate (CAGR) of 12.83%. Regionally, Europe held the top rank in the global smart mirror market in 2015. Hiked motor vehicle production (19% of global motor vehicle production) in 2014 and a continuous rise in coming years to propel the smart mirror market in Europe. As a result, Europe’s smart mirror market is anticipated to expand at a compound annual growth rate (CAGR) of 11.14 % over the forecast period.
2. ABSTRACT
A smart mirror is an innovative technology that enables the user to access smartphone like
features on a basic mirror. These smart mirrors are embedded with several electronic
components such as displays, sensors, etc. which enhance the user’s experience.The global
smart mirror market is anticipated to expand at a compound annual growth rate (CAGR) of
12.83%.
Regionally, Europe held the top rank in the global smart mirror market in 2015. Hiked motor
vehicle production (19% of global motor vehicle production) in 2014 and a continuous rise in
coming years to propel the smart mirror market in Europe. As a result, Europe’s smart mirror
market is anticipated to expand at a compound annual growth rate (CAGR) of 11.14 % over the
forecast period.
However, North America is expected to experience the highest growth in the smart mirror
market followed by the Asia-Pacific over the forecast period. Better GDP figures, promising
trade balance, flourishing economies and continuous expansion in personal disposable income
in Asia-Pacific region, especially in India & China, is likely to escalate the smart mirror market in
the region.
On the basis of applications, the smart mirror market is segmented into automotive, retail and
advertising, consumer and residential and healthcare. Among these, automotive sector at 80%
share in 2021 is forecasted to have the largest share of smart mirrors during 2015-2021.
3. ABSTRACT
The smart mirror market is further divided on the basis of components as displays, sensors,
cameras and others. Since, smart mirror is mainly driven by the sensors and related technology
therefore the global smart mirror sensors market is projected to witness the highest compound
annual growth rate (CAGR) during the covered forecast period.
Increasing light vehicle productions, growth in residential construction, etc. are some of the
factors that are expected to drive the global smart mirror market in coming 5-6 years. However,
factors such as high cost and lack of awareness about the smart mirrors are likely to pose a
major threat for the global smart mirror market growth during the forecast period i.e. 2015-
2021.
With the purpose of examining the current competitive landscape of the smart mirror market,
this report covers profiling of some of the top players which include Keonn Technologies, Seura,
Magna International Inc., Gentex Corporation, Toshiba Corporation, LG Electronics, Panasonic
Corporation, etc. The profiling enfolds key information of the companies which includes
company overview, products and services, key financials and recent news and developments.
On the whole, the report encompasses detailed overview of the global smart mirror market
that will help industry consultants, equipment manufacturers, existing players searching for
expansion opportunities, new players searching possibilities and other stakeholders to align
their market centric strategies according to the ongoing and expected trends in the future.
4. Length Publisher Published Date
156 Pages
Expeditious
Research
March 13, 2016
Excerpt from Table of Contents
17. Competitive Landscape
17.1 Samsung Electronics Co., Ltd.
17.1.1 Company Overview
17.1.2 Products and Services
17.1.3 Key Financials
17.1.4 Recent News and Developments
17.2 Panasonic Corporation
17.2.1 Company Overview
17.2.2 Products and services
17.2.3 Key Financials
17.2.4 Recent News and Development
17.3 Asahi Glass Co. Ltd.
17.3.1 Company Overview
17.3.2 Products and Services
17.3.3 Key Financials
17.3.4 Recent news and developments
Learn more about this report
17.4 LG Electronics
17.4.1 Company Overview
17.4.2 Products and services
17.4.3 Key Financials
17.4.4 Recent News & Developments
17.5 Toshiba Corporation
17.5.1 Company Overview
17.5.2 Products and Services
17.5.3 Key Financials
17.5.4 Recent news & developments
17.6 Gentex Corporation
17.6.1 Company Overview
17.6.3 Key Financials
17.6.4 Recent news &
developments
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