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How Much Will The Automotive Sun Visor Market Be Worth By 2029?

In recent times, the automotive sun visor market has witnessed consistent growth. The market value is projected to increase from $2.82 billion in 2024 to $2.93 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 3.7%. Several factors are contributing to this expansion during the historic period, such as the surge in vehicle ownership, the growing demand for essential in-car safety features, a preferred shift towards road travel, the enhanced accessibility of reasonably priced passenger cars, and an escalated consumer focus on comfort.

There is an anticipated steady expansion of the automotive sun visor market in the upcoming years, predicted to rise to $3.46 billion in 2029, with a compound annual growth rate (CAGR) of 4.3%. This increase during the prognosticated period can be ascribed to the increased uptake of electric and hybrid vehicles, the escalating demand for luxurious and superior car interiors, the growing consideration for environmentally-friendly auto components, the enlargement in automotive personalization trends, and the heightened focus on advanced driver assistance systems. Noteworthy trends for the forecast period include technological progression in intelligent sun visors, innovations in collapsible and expandable visor designs, investments in eco-friendly material development, studies and advancements in integrated electronic displays, as well as the development of artificial intelligence-based adaptive shading.

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Which Factors Are Steering Growth In The Automotive Sun Visor Market?

The automotive sun visor market is expected to be positively influenced by the growing need for passenger vehicles. Passenger vehicles are primarily crafted for personal use, providing seating for one or more individuals and are available in various forms, rather than being constructed for the purpose of carrying goods or heavy cargo. The growth in the number of passenger vehicles is predominantly motivated by individual’s preference for comfort as these vehicles offer more flexibility, comfort, and save significant time compared to using public transportation. Automotive sun visors contribute to the enhancement of passenger vehicles by allowing drivers and passengers to minimize sun glares, thereby improving visibility and comfort, aiding in the prevention of eyes strains, optimizing safety measures, and maintaining cabin temperature by warding off direct sunlight. For example, a report by MarkLines Co., a Japanese advertising company, indicated that in December 2023, the sales of passenger vehicles in the UK rose by 17.9% in 2023 compared to that in 2022. In 2023, the sales in December solely climbed by 9.8%, amounting to 141,092 units. For that particular year, a grand total of 1,903,054 cars were registered, signifying a growth rate of 17.9% year-to-date. Therefore, the rising demand for passenger vehicles is fueling the expansion of the automotive sun visor market.

What Is The Segment Breakdown 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

How Are Global Trends Impacting The Development Of The Automotive Sun Visor Market?

Innovative product development, such as the creation of a dimmable sun visor, is a key focus for leading companies operating within the automotive sun visor market. The dimmable sun visor, an advancement in automotive technology, offers increased safety and comfort through its ability to automatically adjust tint levels in response to varying light intensity. Utilizing electrochromic materials or photochromic sensors, the visor can adapt to changes in surrounding light such as bright daytime sunlight or the glare from headlights of approaching vehicles at night. As an illustration, Gentex Corporation, a technology and electronics company based in the US, presented its latest range of dimmable glass, vision, sensing, and connectivity products in January 2024. Included within these novel developments was a pioneering dimmable sun visor with an adaptable vanity mirror and integrated displays. This advanced visor is designed to adjust to shifts in lighting conditions, effectively minimizing sunlight glare while also functioning as a practical vanity mirror, improving the comfort of both the driver and passengers. Illustrating Gentex’s commitment to incorporating the latest technology into automobile interiors, this product merges convenience and safety, raising the standard of the overall driving experience.

Which Companies Are Contributing Significantly To The Automotive Sun Visor Market Growth?

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.

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Which Region Is Leading Innovation 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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