Japan Automotive Digital Rearview Mirror Market was valued at USD 250 Million in 2022 and is projected to reach USD 550 Million by 2030, growing at a CAGR of 11.0% from 2024 to 2030.
The Japan automotive digital rearview mirror market is experiencing significant growth driven by technological advancements and increasing consumer preference for advanced vehicle features. This market segment is primarily segmented based on application, which includes various types of vehicles and specific use cases. Key applications in this segment include passenger cars, commercial vehicles, and electric vehicles. Each application type presents unique demands and opportunities for digital rearview mirror technologies. Passenger cars, being the largest segment, benefit from enhanced safety features, improved visibility, and added convenience provided by digital rearview mirrors. These mirrors offer a range of functionalities such as real-time video feeds, integrated navigation systems, and advanced driver assistance features.
Commercial vehicles, including trucks and buses, represent another significant segment in the digital rearview mirror market. These vehicles require robust and high-performance rearview mirrors that can withstand harsh operational environments and provide clear visibility in various conditions. Digital rearview mirrors in commercial vehicles are designed to enhance driver safety, reduce blind spots, and improve overall operational efficiency. The incorporation of features such as wide-angle cameras and real-time monitoring systems helps in mitigating accidents and ensuring smoother logistics operations. This growing demand for digital rearview mirrors in commercial vehicles is expected to drive market growth further.
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Gentex Corporation
Magna International
Ficosa International
Bosch GmbH
Continental AG
Valeo SA
Mitsubishi Electric Corporation
Samvardhana Motherson Reflectec (SMR)
Murakami Corporation
Tokai Rika Co.
Ltd.
Foryou Corporation
Zhaowei
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Automotive Digital Rearview Mirror Market
Passenger Car
Commercial Vehicle
Based on Types the Market is categorized into Below types that held the largest Automotive Digital Rearview Mirror market share In 2023.
LCD Display Mirrors
Streaming Video Mirrors
Smart Rearview Mirrors
Others
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan Automotive Digital Rearview Mirror Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Automotive Digital Rearview Mirror Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Automotive Digital Rearview Mirror Market, By Type
6. Japan Automotive Digital Rearview Mirror Market, By Application
7. Japan Automotive Digital Rearview Mirror Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Automotive Digital Rearview Mirror Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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