| Grab 20% Off With Code ONLINE20 On Global market Reports – Evaluate Global Trends, Market Risks, and Competitive Intelligence How Has the Automotive Sun Visor Market Performed Historically, and What Are Its Future Growth Projections? The automotive sun visor market size has grown steadily in recent years. It will grow from $2.82 billion in 2024 to $2.93 billion in 2025 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to increasing vehicle ownership, rising demand for basic in-car safety features, growing preference for road travel, increasing availability of affordable passenger cars, and rising consumer focus on comfort. The automotive sun visor market size is expected to see steady growth in the next few years. It will grow to $3.46 billion in 2029 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to growing adoption of electric and hybrid vehicles, rising demand for luxury and premium car interiors, increasing focus on sustainable auto components, increasing vehicle customization trends, and rising emphasis on advanced driver assistance systems. Major trends in the forecast period include technological advancements in smart sun visors, innovation in foldable and extendable visor designs, investment in sustainable material development, research and development in integrated electronic displays, and development of AI-powered adaptive shading. Get your free report sample today: https://www.thebusinessresearchcompany.com/sample.aspx?id=23633&type=smp What Are the Major Growth Drivers for the Automotive Sun Visor Market? The increasing demand for passenger vehicles is expected to propel the growth of the automotive sun visor market going forward. A passenger vehicle is a type of vehicle primarily designed to transport passengers for personal use, offering seating for one or more people and available in various body styles, rather than for transporting goods or heavy cargo. The rise of passenger vehicles is largely driven by people's preference for convenience, as these vehicles offer greater flexibility, comfort, and time-saving benefits compared to public transportation. Automotive sun visors help passenger vehicles by allowing drivers and passengers to reduce glare from the sun, improving visibility and comfort, and helping to prevent eye strain, enhancing safety, and maintaining cabin temperature by blocking direct sunlight. For instance, in December 2023, according to the report published by MarkLines Co., a Japan-based advertising agency company, UK passenger car sales saw a 17.9% increase in 2023 compared to 2022. In December 2023 alone, sales rose by 9.8%, totaling 141,092 units. For the entire year, a total of 1,903,054 cars were registered, marking a 17.9% year-to-date growth. Therefore, the increasing demand for passenger vehicles is driving the growth of the automotive sun visor market. What Are the Major Segments Defining the Structure of the Automotive Sun Visor Market? The automotive sun visormarket 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: Aftermarket, 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 Which Disruptive Trends Are Reshaping the Competitive Landscape of the Automotive Sun Visor Market? Major companies operating in the automotive sun visor market are focusing on developing innovative products such as a dimmable sun visor, which automatically adjusts the level of tint based on light intensity. A dimmable sun visor is an advanced automotive feature providing enhanced comfort and safety, and this technology uses electrochromic materials or photochromic sensors to detect changes in ambient light, such as the bright sunlight during the day or the headlights of an oncoming vehicle at night. For instance, in January 2024, Gentex Corporation, a US-based electronics and technology company, unveiled its next-generation lineup of dimmable glass, vision, sensing, and connectivity products. Among these innovations was a groundbreaking dimmable sun visor, featuring a switchable vanity mirror and integrated displays. Designed to adapt to changing light conditions, this advanced visor not only eliminates glare from sunlight but also doubles as a functional vanity mirror, enhancing both driver and passenger comfort. By combining convenience with safety, the product exemplifies Gentex’s commitment to integrating cutting-edge technologies into automotive interiors to elevate the overall driving experience. Which Key Players Dominate the Automotive Sun Visor Market Landscape? 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. Get the detailed automotive sun visor market report today https://www.thebusinessresearchcompany.com/report/automotive-sun-visor-global-market-report Which Region Is Expected to Dominate the Automotive Sun Visor Market During the Forecast Period? 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. Contact Us: The Business Research Company https://thebusinessresearchcompany.com/ Americas +1 310-496-7795 Asia +44 7882 955267 & +91 8897263534 Europe +44 7882 955267 Email: info@tbrc.info |