Market Share of Smart Mirror Industry
The market is fragmented, attributable to the existence of significant firms that have a global presence. Because of the changing variables driving this growth, enterprises in this field need to stay on top of the market's pulse.
- May 2023 - Gentex Corp. announced a strategic agreement with ADASKY as the lead investor in a Series B financing round. Additionally, they have established a commercial, engineering, and manufacturing collaboration agreement to facilitate the introduction of ADASKY's proprietary technology to the market. ADASKY's LWIR (Long Wave Infrared) sensors have gained recognition in the industry for their exceptional performance thanks to their superior size-to-performance ratio, solid-state technology, high reliability, and "shutterless" constant operation design.
- January 2023- Magna's advanced ClearView vision technology made its manufacturing debut on the Ram 2500 and 3500 heavy-duty trucks. This innovative system, combining camera and mirror technology, has the potential to reduce blind spot incidents and enhance safety by improving visibility around the vehicle. The ClearView system includes an internal rear-view video mirror, outside mirrors with integrated cameras, and a high-mounted stop lamp camera in the center.
Smart Mirror Market Leaders
Gentex Corp.
Ficosa (Panasonic)
Magna International Inc.
Samsung Electronics Co., Ltd.
Japan Display Inc.
*Disclaimer: Major Players sorted in no particular order
