Smart Mirror Market Overview

The report is titled ‘Smart Mirror Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the smart mirror market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The smart mirror market is expected to grow at a significant rate in the near future.

The global smart mirror market in 2020 is estimated for more than US$ 2,377.6 Mn and expected to reach a value of US$ 5,654.0 Mn by 2028 with a significant CAGR of 11.4%.

Smart Mirror Market Definition

A smart mirror can be referred to as a mirror that is combined with connectivity features and myriad electronic devices. These devices are coupled with other simple devices that make the mirror smarter and connectable.

Moreover, the special touchscreen features, Wi-Fi connectivity feature and compatibility feature makes it more user friendly and technologically advanced devices.

Additionally, embedded technologies like advanced displays, sensors, and cameras also increase the demand for smart mirrors in the market. The combination of RFID and display technology is making it a smarter appliance of today’s era and is widely being used in automotive, healthcare, retail, and other sectors.

Smart Mirror Market Dynamics

Factors like increasing technological development, innovation, and adoption of smart home concept, elevated car production across the globe, and changing lifestyles are the major factor that fuels the growth of the global smart mirror market.

Moreover, the highly busy work schedules, growing affluent population, and increasing per capita income are also laying a positive impact on this market. However, the lack of awareness and privacy issues may impend the growth of the intelligent mirror market.

The global smart mirror market is expected to increase at a significant CAGR over the forecast period owing to the working professionals, adoption of smart devices, and conversion of homes to smart homes. Also, the increasing demand for such technically advanced mirrors in the healthcare, hospitality, and automobile sector is also boosting the growth of this market.

Smart Mirror Market Key Players

The global smart mirror market is mainly dominated by ACEP France SA, Dension, S.L., Gentex Corporation, Keonn Technologies, Magna International Inc., Mirrus Corporation, Panasonic Corporation, Samsung Electronics, and Seura Solutions.

Smart Mirror Market Segmentation

The global smart mirror market is segmented on the basis of technology, application, and region.

On the basis of technology, the global smart mirror market can be segmented into smart materials and electronic devices. The smart material segment is further fragmented into electrochromic technology, self-dimming technology, self-cleaning mirrors, and self-repairing mirrors; whereas the electronic devices market is further fragmented into sensors, displays, cameras, and touch sensors. On the basis of application, the global smart mirror market can be segmented into automotive, consumer & household, medical & healthcare, and advertising & retail.

Smart Mirror Market Regional Segmentation

On the basis of region, the global smart mirror market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. As per the regional segmentation, Europe holds the highest market share, followed by North America and Asia Pacific smart mirror market, accounting for the extensive application of such advanced devices in the automobile, and consumer sectors. In addition, the existence of startups along with the increasing research and development activities are also responsible for fueling the growth of the global smart mirror market.

MMC Overview on Smart Mirror Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the Smart Mirror market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth include (but not restricted to):

•    New product designs and launches

•    Current product compliance

•    Reimbursement

•    Concerns for use of Smart Mirror

•    Advantages of Smart Mirror

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1.    Global Smart Mirror Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Smart Mirror Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Smart Mirror Market Snapshot

2.4.    Global Smart Mirror Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Smart Mirror Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Smart Mirror Market, By Technology

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Technology

3.1.2.    BPS Analysis, By Technology

3.2.    Market Revenue (US$Mn) and Volume (Units) Forecast, By Technology

3.2.1.    Smart Material

3.2.1.1.    Electro chromic Technology

3.2.1.2.    Self-Dimming Technology

3.2.1.3.    Self-Cleaning Mirrors

3.2.1.4.    Self-Repairing Mirrors

3.2.2.    Electronic Devices

3.2.2.1.    Sensors

3.2.2.2.    Displays

3.2.2.3.    Cameras

3.2.2.4.    Touch Sensors

3.3.    Global Smart Mirror Market Attractiveness Index, By Technology

4.    Global Smart Mirror Market, By Application

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Application

4.1.2.    BPS Analysis, By Application

4.2.    Market Revenue (US$Mn) and Volume (Units)  Forecast, By Application

4.2.1.    Automotive

4.2.2.    Consumer & Household

4.2.3.    Medical & Healthcare

4.2.4.    Advertising & Retail

4.3.    Global Smart Mirror Market Attractiveness Index, By Application

5.    Global Smart Mirror Market, By Region

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Region

5.1.2.    BPS Analysis, By Region

5.2.    Market Revenue (US$Mn) and Volume (Units)  Forecast, By Region

5.2.1.    North America

5.2.2.    Latin America

5.2.3.    Europe

5.2.4.    Asia Pacific

5.2.5.    Middle East 

5.2.6.    Africa

5.3.    Global Smart Mirror Market Attractiveness Index, By Region

6.    North America Smart Mirror Market Analysis and Forecast, 2020–2028

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Country

6.1.2.    BPS Analysis, By Country

6.2.    Market Revenue (US$Mn) and Volume (Units) Forecast, By Country

6.2.1.    U.S. Smart Mirror Market

6.2.2.    Canada Smart Mirror Market

6.3.    North America Smart Mirror Market, By Technology

6.3.1.    Smart Material

6.3.1.1.    Electro chromic Technology

6.3.1.2.    Self-Dimming Technology

6.3.1.3.    Self-Cleaning Mirrors

6.3.1.4.    Self-Repairing Mirrors

6.3.2.    Electronic Devices

6.3.2.1.    Sensors

6.3.2.2.    Displays

6.3.2.3.    Cameras

6.3.2.4.    Touch Sensors

6.4.    North America Smart Mirror Market, By Application

6.4.1.    Automotive

6.4.2.    Consumer & Household

6.4.3.    Medical & Healthcare

6.4.4.    Advertising & Retail

6.5.    North America Smart Mirror Market Attractiveness Index

6.5.1.    By Country

6.5.2.    By Technology

6.5.3.    By Application

7.    Latin America Smart Mirror Market Analysis and Forecast, 2020–2028

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

7.2.1.    Brazil Smart Mirror Market

7.2.2.    Mexico Smart Mirror Market

7.2.3.    Argentina Smart Mirror Market

7.2.4.    Rest Of Latin America Smart Mirror Market

7.3.    Latin America Smart Mirror Market, By Technology

7.3.1.    Smart Material

7.3.1.1.    Electro chromic Technology

7.3.1.2.    Self-Dimming Technology

7.3.1.3.    Self-Cleaning Mirrors

7.3.1.4.    Self-Repairing Mirrors

7.3.2.    Electronic Devices

7.3.2.1.    Sensors

7.3.2.2.    Displays

7.3.2.3.    Cameras

7.3.2.4.    Touch Sensors

7.4.    Latin America Smart Mirror Market, By Application

7.4.1.    Automotive

7.4.2.    Consumer & Household

7.4.3.    Medical & Healthcare

7.4.4.    Advertising & Retail

7.5.    Latin America Smart Mirror Market Attractiveness Index

7.5.1.    By Country

7.5.2.    By Technology

7.5.3.    By Application

8.    Europe Smart Mirror Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

8.2.1.    U.K. Smart Mirror Market

8.2.2.    Germany Smart Mirror Market

8.2.3.    Italy Smart Mirror Market

8.2.4.    France Smart Mirror Market

8.2.5.    Spain Smart Mirror Market

8.2.6.    Russia Smart Mirror Market

8.2.7.    Poland Smart Mirror Market

8.2.8.    BENELUX Smart Mirror Market

8.2.9.    NORDIC Smart Mirror Market

8.2.10.    Rest Of Europe Smart Mirror Market

8.3.    Europe Smart Mirror Market, By Technology

8.3.1.    Smart Material

8.3.1.1.    Electro chromic Technology

8.3.1.2.    Self-Dimming Technology

8.3.1.3.    Self-Cleaning Mirrors

8.3.1.4.    Self-Repairing Mirrors

8.3.2.    Electronic Devices

8.3.2.1.    Sensors

8.3.2.2.    Displays

8.3.2.3.    Cameras

8.3.2.4.    Touch Sensors

8.4.    Europe Smart Mirror Market, By Application

8.4.1.    Automotive

8.4.2.    Consumer & Household

8.4.3.    Medical & Healthcare

8.4.4.    Advertising & Retail

8.5.    Europe Smart Mirror Market Attractiveness Index

8.5.1.    By Country

8.5.2.    By Technology

8.5.3.    By Application

9.    Asia Pacific Smart Mirror Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

9.2.1.    China Smart Mirror Market

9.2.2.    India Smart Mirror Market

9.2.3.    Japan Smart Mirror Market

9.2.4.    Australia And New Zealand Smart Mirror Market

9.2.5.    South Korea Smart Mirror Market

9.2.6.    ASEAN Smart Mirror Market

9.2.7.    Rest Of Asia Pacific Smart Mirror Market

9.3.    Asia Pacific Smart Mirror Market, By Technology

9.3.1.    Smart Material

9.3.1.1.    Electro chromic Technology

9.3.1.2.    Self-Dimming Technology

9.3.1.3.    Self-Cleaning Mirrors

9.3.1.4.    Self-Repairing Mirrors

9.3.2.    Electronic Devices

9.3.2.1.    Sensors

9.3.2.2.    Displays

9.3.2.3.    Cameras

9.3.2.4.    Touch Sensors

9.4.    Asia Pacific Smart Mirror Market, By Application

9.4.1.    Automotive

9.4.2.    Consumer & Household

9.4.3.    Medical & Healthcare

9.4.4.    Advertising & Retail

9.5.    Asia Pacific Smart Mirror Market Attractiveness Index

9.5.1.    By Country

9.5.2.    By Technology

9.5.3.    By Application

10.    Middle East Smart Mirror Market, By Region

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

10.2.1.    GCC Countries Smart Mirror Market

10.2.2.    Israel Smart Mirror Market

10.2.3.    Oman Smart Mirror Market

10.2.4.    Rest Of Middle East Smart Mirror Market

10.3.    Middle East Smart Mirror Market, By Technology

10.3.1.    Smart Material

10.3.1.1.    Electro chromic Technology

10.3.1.2.    Self-Dimming Technology

10.3.1.3.    Self-Cleaning Mirrors

10.3.1.4.    Self-Repairing Mirrors

10.3.2.    Electronic Devices

10.3.2.1.    Sensors

10.3.2.2.    Displays

10.3.2.3.    Cameras

10.3.2.4.    Touch Sensors

10.4.    Middle East Smart Mirror Market, By Application

10.4.1.    Automotive

10.4.2.    Consumer & Household

10.4.3.    Medical & Healthcare

10.4.4.    Advertising & Retail

10.5.    Middle East Smart Mirror Market Attractiveness Index

10.5.1.    By Country

10.5.2.    By Technology

10.5.3.    By Application

11.    Africa Smart Mirror Market, By Region

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

11.2.1.    South Africa Smart Mirror Market

11.2.2.    Egypt Smart Mirror Market

11.2.3.    North Africa Smart Mirror Market

11.2.4.    Rest Of Africa Smart Mirror Market

11.3.    Africa Smart Mirror Market, By Technology

11.3.1.    Smart Material

11.3.1.1.    Electro chromic Technology

11.3.1.2.    Self-Dimming Technology

11.3.1.3.    Self-Cleaning Mirrors

11.3.1.4.    Self-Repairing Mirrors

11.3.2.    Electronic Devices

11.3.2.1.    Sensors

11.3.2.2.    Displays

11.3.2.3.    Cameras

11.3.2.4.    Touch Sensors

11.4.    Africa Smart Mirror Market, By Application

11.4.1.    Automotive

11.4.2.    Consumer & Household

11.4.3.    Medical & Healthcare

11.4.4.    Advertising & Retail

11.5.    Africa Smart Mirror Market Attractiveness Index

11.5.1.    By Country

11.5.2.    By Technology

11.5.3.    By Application

12.    Recommendation

12.1.    Market Strategy

13.    Competitive Landscape

13.1.    Competition Dashboard

13.2.    List and Company Overview of Global Key Players

13.3.    Company Profiles

13.3.1.    ACEP France SA

13.3.1.1.    Company Overview

13.3.1.2.    Financial Overview

13.3.1.3.    Product Portfolio

13.3.1.4.    Key Developments

13.3.1.5.    Business Strategies

13.3.2.    Dension, S.L.

13.3.3.    Gentex Corporation

13.3.4.    Keonn Technologies

13.3.5.    Magna International Inc.

13.3.6.    Mirrus Corporation

13.3.7.    Panasonic Corporation    

13.3.8.    Samsung Electronics

13.3.9.    Seura Solutions

14.    Acronyms