Press release
Global Automotive Sun Visor Market Size, Share, and Forecast Analysis 2025-2029
Automotive Sun Visor Market
What Are the Automotive Sun Visor Market Size Forecast for 2025?
In recent times, there has been a consistent increase in the size of the automotive sun visor market. There's a forecast of growth from $2.82 billion in 2024 to $2.93 billion in 2025, with a compound annual growth rate (CAGR) of 3.7%. The historical period's growth is linked to the surge in vehicle ownership, the escalating demand for fundamental safety features within vehicles, a growing inclination towards road travel, a rise in the availability of cost-effective passenger cars, and an increased consumer emphasis on comfort.
What Is the Market Size Outlook for Automotive Sun Visor Until 2029?
In the coming years, the market for automotive sun visors is predicted to experience consistent growth, with projections suggesting it will reach a value of $3.46 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 4.3%. This growth during the forecast period can be linked to factors such as increased acceptance of electric and hybrid vehicles, heightened demand for luxurious and high-end car interiors, escalated interest in eco-friendly auto parts, rising trends in vehicle customization, and an increased focus on advanced driver assistance systems. Future trends predicted for this period include technological advancements in smart sun visors, innovations in foldable and extendable visor frameworks, investment in environment-friendly material research, advancement in integrated electronic displays, and emerging development of AI-based adaptive shading.
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What Are the Major Factors Driving Demand in the Automotive Sun Visor Market?
The surge in the requirement for passenger vehicles is anticipated to drive the expansion of the automotive sun visor market. These vehicles, primarily intended for individual use and transporting passengers rather than goods or heavy loads, are becoming more popular due to their convenience. Factors such as flexibility, comfort, and time-saving advantages over public transport largely contribute to the popularity of passenger vehicles. Automotive sun visors boost the functionality of passenger vehicles by mitigating the sun's glare, facilitating better visibility and comfort. They also help avoid eye fatigue, bolster safety, and regulate cabin temperature by shielding against direct sunlight. As per a report from MarkLines Co., a Japan-based advertising agency, UK saw a rise of 17.9% in passenger car sales in December 2023 compared to 2022. In December 2023 itself, sales elevated by 9.8%, reaching 141,092 units. An astounding total of 1,903,054 cars were registered throughout the year, showing a 17.9% annual growth. Thus, the escalated demand for passenger vehicles is fueling the expansion of the automotive sun visor market.
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How Are End-Use Segments Shaping the Automotive Sun Visor Market Outlook?
The automotive sun visor market covered in this report is segmented -
1) By Component: Conventional, Liquid Crystal Display (LCD)
2) By Material Type: Fabric, Metal, Plastic
3) By Vehicle Type: Passenger Cars, Commercial Cars
4) By Application: After market, OEMs (Original Equipment Manufacturers)
5) By Sales Channel: Offline, Online
Subsegments:
1) By Conventional Sun Visor: With Mirror, Without Mirror, With Lighted Mirror, Extendable Sun Visor, Sliding Sun Visor, Dual Sun Visor
2) By Liquid Crystal Display (LCD) Sun Visor: Touchscreen Display, Integrated Navigation Display, Entertainment Display, Rear-View Camera Display, Smart Display With Connectivity Features, Heads-Up Display (HUD) Integrated Visor
What Are the Strategic Trends Transforming the Automotive Sun Visor Market Landscape?
Leading corporations within the automotive sun visor industry are making strides toward creating inventive products like the dimmable sun visor, a device that effectively alters the level of shading in accordance with the intensity of light. This forward-thinking automotive creation enhances comfort and safety by utilizing electrochromic components or photochromic detectors to identify changes in environmental lighting, such as stark daylight or the beams from oncoming headlights during the night. For instance, in January 2024, American electronics and technology firm, Gentex Corporation, presented its forthcoming collection of dimmable glass, vision, sensing, and connectivity products. Included in these forward-thinking advancements was a revolutionary dimmable sun visor, encompassing an interchangeable vanity mirror and inbuilt displays. Specially designed to adjust to fluctuating light conditions, this innovative visor not only eradicates the glare from sunlight but also doubles as a practical vanity mirror, thus improving the comfort of both the driver and the passenger. By merging convenience with safety, Gentex showcases its dedication to incorporating state-of-the-art technologies into automotive interiors, thereby enhancing the overall driving experience.
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Who Are the Prominent Companies in the Automotive Sun Visor Market by ?
Major companies operating in the automotive sun visor market are Toyota Boshoku Corporation, Grupo Antolin, Nifco Inc., Gentex Corporation, Dorman Products Inc., Kasai Kogyo Co. Ltd., Irvin Automotive Products Inc., CARiD, Knauf Industries, Hammacher Schlemmer & Company Inc., Leman Industries, Rosco Inc., GRIOS s.r.o., ACME Specialty Manufacturing, GUMOTEX Co., Dongfeng Visteon Automotive Trim Systems Co Ltd, Reed Relays and Electronics India Limited, HOWA Co. Ltd., Sunvisors India Private Limited, Ningbo New Huatai Plastics Electric Appliance Co. Ltd.
Which Region Is Expected to See the Highest CAGR in the Automotive Sun Visor Market?
North America was the largest region in the automotive sun visor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive sun visor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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