Brazil Auto Dimming Mirror Market Report and Forecast 2025-2034

Brazil Auto Dimming Mirror Market Size

The Brazil auto dimming mirror market is projected to grow at a CAGR of 5.1% between 2024 and 2032. The market is being driven by the growing automobile manufacturing in the country.

Brazil Auto Dimming Mirror Market Outlook

• Brazil has the capacity to produce nearly 3.6 million vehicles annually.

• By 2030, the Brazilian government aims to reduce traffic fatalities by 50%.

• The revision of the PNATRANS can save nearly 120,000 lives by 2030 in Brazil.

Brazil Auto Dimming Mirror Market Growth

The Brazilian government’s Mover program is expected to accelerate the rate of investments in the domestic automobile industry. In 2023, Brazil produced nearly 2.3 million vehicles. Major automotive giants like Hyundai, Volkswagen, and Stellantis are planning to invest nearly BRL 41.4 billion by 2032, as per government estimates. This is expected to drive the demand for auto-dimming mirrors in Brazil, which can reduce the headlight glare of different vehicles and minimise the risk of night-time accidents.

As per the World Health Organisation, almost 90% of all traffic deaths occur in developing countries. In 2020, Brazil recorded nearly 33,871 fatalities in road traffic accidents, while it was ranked at the 97th position in terms of road safety by the WHO globally. The United Nations aims to reduce the number of road traffic accidents by 50% by 2030, under its Second Decade of Action for Traffic Safety. The National Plan of Traffic Deaths and Injuries Reduction in Brazil is expected to be revised by a collaboration between Brazil’s Ministry of Infrastructure and the World Resources Institute, strengthening the regulatory and legal environment for vehicle production and pedestrian safety. This is expected to surge the demand for auto dimming mirrors over the forecast period.

Brazil Auto Dimming Mirror Industry Segmentation

Brazil Auto Dimming Mirror Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Functionality

• Connected

• Non- Connected

Market Breakup by Vehicle Type

• Passenger Vehicle

• Commercial Vehicle

Market Breakup by Application

• Inside Rear View

• Outer Rear View

Market Breakup by Region

• São Paulo

• Minas Gerais

• Rio de Janeiro

• Bahia

• Rio Grande do Sul 

Brazil Auto dimming mirror Market Share

Based on region, the market is segmented into São Paulo, Minas Gerais, Rio de Janeiro, Bahia, and Rio Grande do Sul. Minas Gerais is projected to dominate the market, representing 8% of the overall market share. Over the forecast period, Minas Gerais is expected to grow at a CAGR of 5.8%, due to the growing demand for automobiles.

Leading Companies in the Brazil Auto Dimming Mirror Market

Auto dimming mirrors are being integrated with Advanced Driver Assistance Systems in automobiles to ensure a safe and comfortable driving experience for people. The integration of smart sensors and cameras is further expected to bolster their demand among vehicle manufacturers.

• Magna International Inc.

• Ficosa Internacional SA 

• Others

Key Highlights of the Report