What is Global Automotive Sun Visor Market?
The Global Automotive Sun Visor Market is a comprehensive study of the various aspects of the automotive sun visor industry. It includes an in-depth analysis of the market's current status, trends, and future prospects. The automotive sun visor is a crucial component of a vehicle, designed to protect the driver and passengers from the sun's glare. It is typically located on the interior of the vehicle, above the windshield, and can be adjusted as needed. The global market for automotive sun visors is expected to grow significantly in the coming years, driven by the increasing demand for vehicles worldwide. However, the market's growth may be hampered by factors such as the high cost of raw materials and stringent government regulations regarding vehicle safety.
Sun Visor with Mirror, Sun Visor without Mirror in the Global Automotive Sun Visor Market:
The Global Automotive Sun Visor Market is segmented into two main types: sun visors with mirrors and sun visors without mirrors. Sun visors with mirrors are typically found in passenger vehicles, while sun visors without mirrors are more common in commercial vehicles. The choice between the two types depends on the vehicle's intended use and the driver's personal preference. Sun visors with mirrors offer the added convenience of a built-in mirror, which can be useful for drivers and passengers alike. On the other hand, sun visors without mirrors are simpler and less expensive to produce, making them a popular choice for commercial vehicles.
Passenger Vehicle, Commercial Vehicle in the Global Automotive Sun Visor Market:
The Global Automotive Sun Visor Market finds its application in two main areas: passenger vehicles and commercial vehicles. In passenger vehicles, sun visors are used to provide comfort and safety to the driver and passengers. They help to reduce the glare from the sun, making it easier for the driver to see the road. In commercial vehicles, sun visors are used to protect the driver from the sun's glare, which can be particularly problematic in large vehicles with large windshields. The demand for sun visors in both passenger and commercial vehicles is expected to increase in the coming years, driven by the growing awareness of vehicle safety and the increasing demand for vehicles worldwide.
Global Automotive Sun Visor Market Outlook:
The Global Automotive Sun Visor Market outlook is quite promising. In 2022, the market was valued at US$ 1930 million and is expected to reach US$ 2726.7 million by 2029, growing at a CAGR of 5.0% during the forecast period 2023-2029. China is the leading producer of automotive sun visors, accounting for about 30% of the global market. Europe and North America follow closely behind. The top five manufacturers in the industry are Grupo Antolin, Daimei, Atlas (Motus), Kyowa Sangyo, and KASAI KOGYO, who collectively hold nearly 75% of the market share. These figures indicate a healthy and competitive market landscape, with plenty of opportunities for growth and innovation.
| Report Metric | Details |
| Report Name | Automotive Sun Visor Market |
| Accounted market size in 2023 | US$ 2034.7 million |
| Forecasted market size in 2029 | US$ 2726.7 million |
| CAGR | 5.0 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Grupo Antolin, Daimei, Atlas (Motus), Kyowa Sangyo, KASAI KOGYO, Hayashi, Joyson Safety Systems, IAC Group, HOWA TEXTILE, Dongfeng Electronic, Yongsan, Mecai |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
