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Worldwide Electronic Rearview Mirror Market Sees Growth But Challenges such as High Cost, Low Reliability & Driver’s Eyesight Shift Remain

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DUBLIN, June 24, 2022 /PRNewswire/ — The “Global and China Electronic Rearview Mirror Industry Report, 2021-2022” report has been added to ResearchAndMarkets.com’s offering.

In 2021, there were 346,700 insured passenger cars fitted with standard OEM streaming rearview mirrors in China, surging by 73.04% on the previous year.

The electronic rearview mirror market is soaring, but still in its infancy.

In April 2016, the 2016 Cadillac XT5 equipped with a streaming rearview mirror was launched on market. It was the first time that an OEM streaming rearview mirror appeared in the Chinese passenger car market. And then, auto brands like WEY, Buick and FAW (Hongqi, Bestune) also unveiled models with streaming rearview mirrors. As of May 2022, a total of 13 auto brands in China have marketed models carrying streaming rearview mirrors and achieved certain sales.

There are few streaming rearview mirror suppliers participating in the OEM market considering the current size, creating a relatively simple completive landscape. Our data show that Yuanfeng Technology is now the largest supplier of streaming rearview mirrors in the Chinese passenger car market, with an overwhelming market share of 72%.

As for solution implementation, mainstream solutions change Category I vision device from a conventional optical mirror to a display, so as to maximally adapt to the driver’s habit of seeing the rear view. Some OEMs also carry out a compromise, a solution of separating the Category I vision device from the image, that is, still using the conventional optical mirror to present the image collected by the streaming camera on the cluster screen or the center console screen.

Electronic exterior mirrors: most automakers take a wait-and-see attitude.

Differing from streaming rearview mirrors, exterior rearview mirrors that play a hugely important role in daily driving safety walk on a bumpy road to electronization. Since the United Nations issued the UN-R6 regulation in June 2016, Europe, Japan, South Korea and India among other regions/countries have started to sell models equipped with electronic exterior mirrors.

Commercial vehicles:

Mercedes-Benz Trucks first introduced MirrorCam, a mass-produced electronic exterior mirror solution that was first applied to the flagship heavy-duty truck Actros. Mercedes-Benz adopts a conservative rearview mirror replacement strategy where only the main rearview mirror (Category II) and wide FOV rearview mirror (Category IV) are electronic, and the front view mirror and close-proximity exterior view mirror are retained.

Passenger cars:

Lexus, a luxury brand, was the first one to mass-produce the passenger car electronic exterior mirror and applied it to ES300h.
Lexus DIGITAL SIDE-VIEW MONITORS allows real-time switching of viewing angles in different driving conditions. For example, when the turn signal is on or the reverse gear is engaged, the viewing angle will automatically enlarge from an ordinary angle to a wide angle.

Challenges exist, but the trend is unstoppable.

Electronic rearview mirrors remain far more superior to conventional optical mirrors, but face huge challenges such as high cost, low reliability and the driver’s eyesight shift. In the long run, electronic rearview mirrors will act as an integral part of vehicle intelligence, but will not become a megatrend in the short term.

Key Trends

The combination of CMS and ADAS/autonomous driving
The electronic rearview mirror camera is installed near the conventional exterior rearview mirror or at the rear of the vehicle, two positions where the ADS camera is often located. Some functions of CMS overlap the blind spot monitoring/blind spot detection/ADS camera, both of which aim to acquire or detect road traffic conditions at the side rear of the vehicle and provide driving decisions for the driver/vehicle. The two are expected to be integrated considering product cost, function realization and air resistance.

The fusion of CMS interior/exterior rearview mirror images
The way to display the side/rear view of the vehicle currently follows the conventional driving habits. The CMS screens are placed in the left, upper middle, and right in the front of the cockpit, with physical display splits. Technologically on the basis of retaining the traditional optical mirror, the images of the left rear, rear and right rear captured by the electronic exterior view mirror and the electronic interior mirror can be synthesized with algorithms, fused, and displayed on one screen.

The combination of CMS and cockpit domain controller
As chip computing power improves and E/E architecture evolves, cockpits are integrating display solutions such as LCD cluster, HUD, center console screen, co-pilot entertainment screen and rear entertainment screen into intelligent cockpit domain controllers, in a bid to enable unified management in the same chip. The emergence of electronic rearview mirrors produces more data flows that need processing for the vehicle, and separate ECUs will further drive up the cost of the entire vehicle. Lower cost will be the key driving force to the adoption of cockpit domain controllers.

Key Topics Covered:

Electronic Interior Rearview Mirror Market (Streaming Rearview Mirror)Electronic Interior Rearview Mirror Major OEMs (Passenger Car)Electronic Exterior Rearview Mirror Major OEMs (Passenger Car, Commercial Vehicle)Electronic Rearview Mirror Tier-1 Suppliers (Overseas, Local)Electronic Rearview Mirror Industry Chain (Chip, Camera)

Companies Mentioned

Great Wall MotorChangan AutomobileFAWBuickToyotaAudiHondaLexusHyundaiBAICDongfeng Passenger VehicleMercedes-BenzDAFMANSCANIAVolvoDongfeng Liuzhou MotorFarizon AutoGentexStoneridgeMEKRA LangFicosaTokai RikaValeoBoschContinentalMagnaYuanfeng TechnologyADAYODesay SVWilling TechnologyJingwei HirainNingbo Fengmei IndustrialVoyager TechnologyShanghai Yuxin Electronic TechnologyQingdao Jidong Auto PartsZhengzhou Senpeng Electronic TechnologyGuangzhou Rongsheng Technology

For more information about this report visit https://www.researchandmarkets.com/r/bix1jf

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com   

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SOURCE Research and Markets

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Smartee Expands Middle East Presence, Showcases Innovative Clear Aligner Solutions at Riyadh Conferences

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December 26, 2024

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RIYADH, Saudi Arabia, Dec. 26, 2024 /PRNewswire/ — Smartee Denti-Technology, a global leader in clear aligners and digital orthodontic solutions, further strengthened its presence in the Middle East by unveiling its groundbreaking Clear Mandibular Repositioning Technology at three major orthodontic events in Riyadh: the 18th Saudi Orthodontic Society Annual Conference, the 15th World Implant Orthodontic Conference, and the 4th Saudi Orthodontic Clear Aligner Meeting. These events, held from December 12-14, 2024, brought together leading dental professionals from across the globe to explore advancements in orthodontic care. 

Driving Innovation in a Growing Market

With a rising demand for clear aligners in emerging markets, especially the Middle East, Smartee is positioning itself at the forefront of this growth. Social media platforms like Instagram and TikTok are fueling the popularity of clear aligners by educating patients, while demand in Saudi Arabia, one of the region’s largest markets, continues to rise.

“As China-Saudi Arabia collaboration deepens, Chinese brands like Huawei, Xiaomi, and DJI have built strong reputations for quality and innovation in the Saudi market,” said Garie Zhou, Director of the International Business and Development Division at Smartee. “Smartee entered the Middle East in 2021, achieving regulatory certifications and providing localized training to address the unique needs of this region. By aligning with these market trends, we’re empowering orthodontic professionals to deliver superior care to their patients.”

Revolutionizing Complex Orthodontic Cases

At the event, Prof. Gang Shen, Smartee’s Chief Scientist in R&D, delivered a presentation on Smartee Clear Mandibular Repositioning Therapy— a novel approach aiming to address severe Class II jaw discrepancies. Prof. Gang Shen discussed the increasing need for personalized treatment in complex orthodontics cases, emphasizing that one-size-fits-all solutions are no longer sufficient in today’s clinical environment.

“As patient expectations evolve, so must orthodontic technology,” stated Prof. Gang Shen. “Modern patients demand personalized treatments, especially for complex cases. Clear Mandibular Repositioning Therapy equips orthodontists with the tools to address this demand and enhance trust in the treatment process. I invite my colleagues to explore this technology, which fosters open communication and improves patient outcomes.”

Commitment to Collaboration and Growth

Smartee’s participation in the Riyadh conference underscores its commitment to innovation, collaboration, and the global advancement of orthodontic care. Its strategic initiatives in the Middle East reflect Smartee’s dedication to providing world-class solutions and driving the evolution of orthodontic treatments.

For more information about Smartee and its clear aligner solutions, visit www.smarteealigners.com.

About Smartee Denti-Technology

Smartee Denti-Technology is a global leader in clear aligners and digital orthodontic solutions, committed to transforming smiles with innovative technologies. With a focus on patient-centric care, Smartee provides orthodontists worldwide with advanced tools and training to deliver personalized treatments.

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View original content:https://www.prnewswire.co.uk/news-releases/smartee-expands-middle-east-presence-showcases-innovative-clear-aligner-solutions-at-riyadh-conferences-302339199.html

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BEYOND Expo 2025 Launches BEYOND BGlobal Network to Propel Asian Companies into the Global Market

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December 26, 2024

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MACAU, Dec. 26, 2024 /PRNewswire/ — BEYOND Expo, Asia’s largest technology and innovation ecosystem expo, proudly celebrates its fifth anniversary in 2025 with the official launch of the BEYOND BGlobal Network. Designed to meet the growing demand for Asian companies to expand internationally, this groundbreaking initiative offers businesses year-round support, access to strategic networks, and tailored solutions to thrive in global markets.

The Growing Imperative of Going Global

In today’s interconnected and competitive economy, expanding beyond domestic borders has become a necessity for businesses seeking sustained growth. Asian companies, widely recognized for their technological ingenuity and entrepreneurial spirit, face unique hurdles when entering international markets. From mastering localization to navigating global operational challenges, achieving international success requires strategic planning and access to robust networks.

“Globalization is not just about entering new markets; it’s about building meaningful connections that sustain long-term growth while understanding the importance of localization,” said Jason Ho, Co-founder of BEYOND Expo. “The BEYOND BGlobal Network is designed to guide companies through this journey by connecting them with local players and providing unparalleled access to expertise, resources, and opportunities to thrive globally.”

A Milestone Launch at BEYOND Expo 2025

The BEYOND BGlobal Network will be officially unveiled during the Closing Ceremony of BEYOND Expo 2025, scheduled for May 24, 2025, at the Venetian Macao Cotai Expo. The Closing Ceremony will also host the much-anticipated Fund at First Pitch: Celebrity Edition, where top innovative companies will pitch their global visions to a panel of celebrity athletes and leading investors. This exciting showcase underscores the Network’s mission to foster impactful collaborations and create opportunities for cutting-edge businesses to excel on the global stage.

Unmatched Opportunities for Businesses

The BEYOND BGlobal Network is a comprehensive initiative designed to address the multifaceted challenges of global expansion. Through BEYOND Expo’s extensive network, businesses gain access to key decision-makers across sectors, including leading retailers, e-commerce Networks, financial institutions, localization experts, and tech ecosystem leaders. Moreover, the Network enables collaborations with global icons and influencers, elevating brand visibility and engagement in international markets.

BEYOND Expo 2025 will provide a rich array of content through its flagship forums, such as the BGlobal Summit, Wealth Summit, and Global Investment Summit. These summits and forums will deliver actionable insights on topics such as strategic market entry, emerging investment trends, and the evolving dynamics of international trade. Industry-specific sessions will focus on cutting-edge areas such as AI, HealthTech, Clean Energy, Robotics, Lifestyle Tech, SportsTech, FinTech, and Mobility, ensuring a comprehensive exploration of global opportunities across diverse sectors.

Five Years of Bridging Asia’s Tech Ecosystem and the World

Since its inception, BEYOND Expo has emerged as a vital Network for connecting Asia’s thriving tech ecosystem with the global innovation community. Now in its fifth year, BEYOND Expo is set to welcome over 30,000 attendees from more than 120 countries, marking its most impactful edition yet. The event continues to foster innovation, encourage cross-border collaborations, and empower businesses to establish themselves as global leaders.

“The BEYOND BGlobal Network reflects our unwavering commitment to enabling companies to achieve sustainable growth on the global stage,” said Dr. Gang Lu, Co-founder of BEYOND Expo. “As we celebrate five years of impact and growth, we are excited to take this transformative step in bridging Asia with the world.”

Looking Ahead

BEYOND Expo 2025 is more than a technology exhibition — it is a launchpad for businesses to achieve their global ambitions. The introduction of the BEYOND BGlobal Network, alongside the exciting highlights of the Closing Ceremony, will provide attendees with exclusive insights into how this initiative can redefine their approach to international growth and success.

To learn more about the BEYOND BGlobal Network, please leave your details with us here: https://www.beyondexpo.com/beyond-bglobal-network/. For ticket bookings or more information about BEYOND Expo 2025, visit www.beyondexpo.com.

About BEYOND Expo

The BEYOND International Technology Innovation Expo (BEYOND Expo) is Asia’s largest tech and innovation ecosystem expo, showcasing the culture and achievements of global technological innovation.

BEYOND Expo is not only a Network for displaying technological advancements but also a significant opportunity to drive industry upgrades. Through dedicated professional exhibition areas and vertical industry forums, BEYOND Expo is committed to fostering comprehensive development in technology and innovation while facilitating exchanges across various segments of the industry.

Since 2021, BEYOND Expo has attracted participation from Asia’s Fortune 500 companies, large multinational corporations, unicorn innovation firms, and emerging startups. By integrating companies, products, capital, and industries, it builds an innovative ecosystem aimed at collectively advancing the development of the Asia-Pacific region and the global technology innovation industry.

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SOURCE Beyond EXPO

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TPIsoftware Launches GreenSwift in Vietnam with Pilot Project Initiated to Drive ESG Transformation

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December 26, 2024

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TAIPEI, Dec. 26, 2024 /PRNewswire/ — TPIsoftware (TWSE: 7781) and Vietnam’s key partners have signed an MOU to deepen collaboration in promoting a more sustainable, decarbonized future. The signing took place in Hanoi, Vietnam, on December 26, along with the product launch of GreenSwift, an AI-driven carbon management platform by TPIsoftware.

Led by TPIsoftware and Global Green Innovation Technology (GGI., Technology), a leading environmental consultancy offering specialized advice for GHG and ESG projects, the event convened government officials, the private sector and ESG experts in Vietnam, with Dr. Nguyen Kim Anh, Katina Capital Partners, ITD Group, Bao Long Insurance and ThinkTron Ltd signing the MOU.

The event culminated with a live demonstration of GreenSwift during which participants were presented with the platform’s key features such as automated carbon data collection that tracks seven GHG emissions covering Scope 1, 2 and 3 through a centralized platform, and linking multiple indicators using a cloud-based approach that improves carbon auditing efficiency.

GreenSwift is a SaaS-based carbon management platform with professional ESG consulting service and local support that equip enterprises for carbon disclosure and it is ideal for small and midsize businesses (SMBs) who seek to prioritize ESG initiatives. The platform features GHG reporting that complies with global frameworks (ISO 14064-1:2018 and IPCC) and meets regulatory compliance. GreenSwift enables eco-conscious enterprises to work towards net zero by aligning themselves with ESG values and best practices, elevating their brand image through long-term sustainability investment and strategic ESG initiatives.

Do Vuong Phong, TPIsoftware Vietnam’s General Manager, said: “We have been dedicated to helping enterprises navigate the challenges in their green transformation journey. With the Vietnamese government promoting ESG standards and sustainable business practices, launching GreenSwift not only enables enterprises in Vietnam to manage and measure their environmental impact, but also reaffirms our commitment to working with ESG-focused partners to build a greener future for Vietnam.”

The MOU signing followed TPIsoftware’s recent announcement of a pilot project to implement GreenSwift and ElectriSwift (AI Building Energy Conservation System) at Nam Cau Kien Eco-Industrial Park. Pham Hong Diep, Chairman of the industrial park, commented: “Building a partnership with TPIsoftware signifies our commitment to collaboratively develop and advance sustainability initiatives in climate action through tech-based approaches and solutions. This joint endeavor shows the shared vision of both parties towards leveraging cutting-edge technology to enhance energy efficiency and promote eco-friendly industrial practices in Vietnam.”

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tpisoftware-launches-greenswift-in-vietnam-with-pilot-project-initiated-to-drive-esg-transformation-302339093.html

SOURCE TPIsoftware

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