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Global Market Study on Smart Mirror: Driven by High Market Potential in Automotive and Retail Industry with North America to Witness Highest Adoption By 2022LONDON, Dec. 17, 2016 /PRNewswire/ -- Smart mirrors are highly functional advanced mirrors manufactured by integration of embedded electronics such as displays, cameras, and sensors. Smart mirrors offer an array of features such as Internet connectivity and some products offer touchscreen option. Vast scope for embedded electronics smart mirrors exists in various applications such as automotive, healthcare and medical, and retail sectors, for commercial and residential consumers, and advertising purposes. Especially in the automotive sector, the smart mirror is gaining popularity across developed regions and is gaining traction in developing regions as well. In automobile applications, smart mirrors are replacing rear-view and side-view mirrors (wing fender mirror) and offer enhanced safety and security features as compared to conventional mirrors. Smart Mirror Market by Component: Sensors Displays Camera Others (Mic, Speaker, and Communication devices) Smart Mirror Market by Application: Automotive Sector Consumer & Residential Healthcare Retail Sector & Advertising By application, consumer & residential segment is expected to expand at the highest CAGR of 12.9% over 2016–2022, due to increasing adoption of new & innovative technologies in the smart mirror industry by various smart mirror manufacturers across the globe. Among all the regions, Europe has been estimated to dominate the market with over 40% market share in 2015 and is expected to remain dominant throughout the forecast period. This is mainly attributed to the introduction of favorable regulations by the government in several countries in this region. The smart mirror markets in North America is expected to expand at highest CAGR during the forecast period. Smart Mirror Market by Region: North America U.S. Canada Latin America Brazil Mexico Rest of Latin America Europe Germany France U.K. Spain Italy Russia Rest of Europe Asia Pacific Japan China Rest of Asia Pacific The Middle East & Africa (MEA) GCC South Africa North Africa Rest of MEA Key players identified in the global Smart Mirror market include Gentex Corporation, Magna International Inc., Pro Display, Evervue, Séura, Alke, ad notam AG, Tech2o, Samsung Electronics Co., Ltd., TOSHIBA CORPORATION, Panasonic Corporation and others. These players have been profiled on the basis of various attributes such as company overview, recent developments, growth strategies, sustainability and financial overview. Key features of this report Drivers, restraints, and challenges in the smart mirror market Latest innovations and key developments in the market Analysis of business strategies of major players Smart Mirror market estimates and forecast Download the full report: https://www.reportbuyer.com/product/3757018/ To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-market-study-on-smart-mirror-driven-by-high-market-potential-in-automotive-and-retail-industry-with-north-america-to-witness-highest-adoption-by-2022-300380518.html SOURCE ReportBuyer |