Automotive Digital Rear View Mirror: Introduction
- Automotive digital rear view mirror has an integrated display in the structure of the interior rearview mirror. The digital rear view mirror displays images from the rearview camera, according to the driver’s needs. Digital rear view mirror images converted into video, which provides a panoramic view of an object from the rear side of the vehicle.
Key Drivers of Automotive Digital Rear View Mirror Market
- Rising vehicle electrification across the globe is prompting vehicle manufacturers to integrate digital components in their vehicles including digital displays and cameras that provide a clear picture of the surrounding, which is likely to propel the automotive digital rear view mirror market across the globe. Rise in vehicle production integrated with an increasing number of safety standards across the globe is likely to propel the automotive digital rear view mirror market. Increase in number of small- and medium-scale industries across the globe who are involved in the development of electronics components is likely to boost the automotive digital rear view mirror market across the globe.
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- Enactment of stringent regulations regarding safety standards in vehicles across the globe is anticipated to boost the automotive digital rear view mirror market. Rise in integration of infotainment systems in vehicles is likely to further propel the automotive digital rear view mirror market across the globe. Increase in adoption of advanced features in vehicles, including traffic control system, lane departure warning system, and parking management system, is anticipated to propel the automotive digital rear view mirror market across the globe.
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Europe & Asia Pacific to hold significant share of global automotive digital rear view mirror market
- Followed by Europe, Asia Pacific is projected to hold a significant share of the global automotive digital rear view mirror market due to an increase in production of vehicles across the region. Increase in safety standards in vehicles across the region is prompting vehicle manufacturers to integrate digital rear view mirror in vehicles. Presence of major automotive parts manufacturing industries across China, India, and Japan is anticipated to propel the automotive digital rear view mirror market in Asia Pacific.
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