Automotive Sun Visor Market worth $2.77 billion by 2030, growing at a CAGR of 9.50% - Exclusive Report by 360iResearch

The "Automotive Sun Visor Market by Type (Conventional Type, LCD Sun Visor), Surface Material (Fabric, Vinyl), Distribution, Vehicle - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Automotive Sun Visor Market to grow from USD 1.46 billion in 2023 to USD 2.77 billion by 2030, at a CAGR of 9.50%.

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The automotive sun visor includes sun visors used in vehicles that help in improving driver visibility by shielding their eyes from direct sunlight and glare, enhancing both comfort and safety. Sun visors are utilized across a broad spectrum of vehicles, including passenger cars, light commercial vehicles, and heavy commercial vehicles. An increase in vehicle production and sales worldwide is driving the growth of the automotive sun visors market. Additionally, rising consumer demand for enhanced safety and comfort features within vehicles propels market growth. Regulatory mandates concerning driver safety also play a crucial role in the adoption of high-quality sun visors. The high cost associated with integrating advanced technologies into sun visors hampers market growth. The growing integration of smart technologies including sensors and displays, offering advanced functionalities such as glare protection and driver information systems, is expected to create opportunities for market growth. The increasing adoption of electric vehicles (EVs) presents additional prospects for customized sun visor designs catering to this burgeoning segment.

In the Americas' automotive sun visor market is rapidly expanding with the rising customer preference for SUVs and trucks equipped with extensive comfort and safety features. Recent investments in automotive manufacturing and design are further supporting this growth, alongside initiatives aiming at reducing sun glare accidents. South America shares similar market dynamics, with a steady push towards adopting new technologies in automotive components, including sun visors. The EMEA region presents a diverse market, with the EU countries leading in innovation and regulatory standards. The adoption of stringent safety and environmental regulations in the EU is steering manufacturers towards developing sustainable and high-quality automotive sun visors. The Middle East, known for its luxury vehicle market, demands high-end sun visors with advanced features including integrated lighting and displays. Africa is gradually expanding, driven by rising automotive sales and the entry of global players. Investment in research for materials that can withstand extreme climates is prominent in both the Middle East and Africa, fostering regional market development. The APAC region is experiencing significant growth in the automotive sun visor market. This can be attributed to the expanding automotive industry, increased vehicle production, and rising consumer demand for luxury vehicles equipped with advanced features. Japan continues to pioneer in compact and electric vehicle segments, introducing sun visors with enhanced functionalities. Meanwhile, in India, the growing middle-class population and heightened awareness of vehicle safety standards are propelling the demand for high-quality automotive sun visors.

Market Segmentation & Coverage:

This research report categorizes the Automotive Sun Visor Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Conventional Type and LCD Sun Visor. The Conventional Type is projected to witness significant market share during forecast period.

Based on Surface Material, market is studied across Fabric and Vinyl. The Vinyl is projected to witness significant market share during forecast period.

Based on Distribution, market is studied across Aftermarket and OEM. The OEM is projected to witness significant market share during forecast period.

Based on Vehicle, market is studied across Commercial Vehicle and Passenger Vehicle. The Commercial Vehicle is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.19% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Automotive Sun Visor Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Automotive Sun Visor Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Automotive Sun Visor Market, highlighting leading vendors and their innovative profiles. These include AGC AUTOMOTIVE EUROPE SA, American Stitchco, Inc., Atlas Holdings LLC, CARiD, Continental AG, Dongfeng Motor Parts and Components Group Co., Ltd., Dorman Products, Inc., Gentex Corporation, GRIOS s.r.o., Grupo Antolin, Hammacher Schlemmer & Company, Inc., Hayashi Telempu Co., Ltd., Kasai Kogyo Co., Ltd., KB Foam Inc., Knauf Industries, Leman Industries, Martur Fompak International, Nifco Inc., Nye Lubricants, Inc., Patent Yogi LLC, Reed Relays and Electronics India Limited, Ripper Merchandise, LLC, Shigeru Co., Ltd., and Toyota Boshoku Corporation.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Automotive Sun Visor Market, by Type
7. Automotive Sun Visor Market, by Surface Material
8. Automotive Sun Visor Market, by Distribution
9. Automotive Sun Visor Market, by Vehicle
10. Americas Automotive Sun Visor Market
11. Asia-Pacific Automotive Sun Visor Market
12. Europe, Middle East & Africa Automotive Sun Visor Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Automotive Sun Visor Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Automotive Sun Visor Market?
3. What is the competitive strategic window for opportunities in the Automotive Sun Visor Market?
4. What are the technology trends and regulatory frameworks in the Automotive Sun Visor Market?
5. What is the market share of the leading vendors in the Automotive Sun Visor Market?
6. What modes and strategic moves are considered suitable for entering the Automotive Sun Visor Market?

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