China Smart Mirror Market Size & Outlook, 2022-2030
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China smart mirror market highlights
- The China smart mirror market generated a revenue of USD 32.6 million in 2022 and is expected to reach USD 62.3 million by 2030.
- The China market is expected to grow at a CAGR of 8.5% from 2023 to 2030.
- In terms of segment, wall mounted was the largest revenue generating installation type in 2022.
- Wall Mounted is the most lucrative installation type segment registering the fastest growth during the forecast period.
Smart mirror market data book summary
| Market revenue in 2022 | USD 32.6 million |
| Market revenue in 2030 | USD 62.3 million |
| Growth rate | 8.5% (CAGR from 2022 to 2030) |
| Largest segment | Wall mounted |
| Fastest growing segment | Wall Mounted |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wall Mounted, Free-Standing |
| Key market players worldwide | Electric Mirror, LLC, SEURA, Hidden Television, Majestic Mirror & Frame, Lumidesign, Evervue, Videotree |
Other key industry trends
- In terms of revenue, China accounted for 6.3% of the global smart mirror market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart mirror market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 18.1 million by 2030.
Wall mounted was the largest segment with a revenue share of 84.66% in 2022. Horizon Databook has segmented the China smart mirror market based on wall mounted, free-standing covering the revenue growth of each sub-segment from 2017 to 2030.
According to the Global Wellness Institute, the fitness industry in China experienced remarkable growth, evolving into a significant market over a span of five years. In 2015, the sector was valued at USD 4.4 billion. However, by the end of 2020, it had soared to an impressive USD 11.4 billion, marking a remarkable 160% increase within that relatively short timeframe.
This substantial growth not only reflects the rising interest in fitness and wellness among the Chinese population but also demonstrates the industry's ability to capitalize on evolving consumer preferences and market opportunities.
Smart mirrors are used to deliver virtual fitness classes in homes and gyms in China. Users can follow along with pre-recorded or live workouts led by professional trainers displayed on the mirror's screen.
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Smart Mirror Market Scope
Smart Mirror Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lumidesign | View profile | 1-10 | Richmond Hill, Ontario, Canada, North America | https://lumidesign.ca/ |
| Videotree | View profile | 11-50 | Weybridge, Surrey, United Kingdom, Europe | http://www.videotree.com |
| Evervue | View profile | 101-250 | Newport, Newport, United Kingdom, Europe | https://www.evervue.com |
| Majestic Mirror & Frame | View profile | 101-250 | Miami, Florida, United States, North America | https://majesticmirror.com/ |
| Hidden Television | View profile | 1-10 | Toledo, Ohio, United States, North America | https://www.hiddentelevision.com |
| SEURA | View profile | 101-250 | Green Bay, Wisconsin, United States, North America | http://seura.com |
| Electric Mirror, LLC | View profile | 251-500 | Everett, Washington, United States, North America | http://electricmirror.com |
China smart mirror market size, by installation type, 2017-2030 (US$M)
China Smart Mirror Market Outlook Share, 2022 & 2030 (US$M)
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