Latest News- Automotive Sun Visor Market: Conventional is expected to lead the Component segment during 2025-2029

The Automotive Sun Visor Market is being driven by Increasing demand for premium vehicles

The Automotive Sun Visor Market is expected to grow at a CAGR of 2.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 197.6 million. The automotive sun visor market, like other sectors of the automotive interior industry, is experiencing a transition in material selection. Previously, synthetic plastics such as polyvinyl chloride were commonly used. However, there is a growing trend towards eco-friendly and renewably sourced materials due to increasing consumer consciousness. Key industry players are investing in the development of automotive interiors, including sun visors, made from sustainable materials. Renowned suppliers in the automotive interior industry are offering renewably sourced alternatives in response to the industry's focus on eco-friendly manufacturing. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Component

  • Conventional
  • LCD

• Vehicle Type

  • Passenger vehicle
  • Commercial vehicle
  • Electric vehicle

• Method

  • Manual
  • Automatic
  • Smart

• Channel

  • Original equipment manufacturer (OEM)
  • Aftermarket

• Geography

  • APAC

    • China
    • India
    • Japan
    • South Korea

  • Europe

    • Germany
    • UK
    • France
    • Italy

  • North America

    • Canada
    • US

  • Middle East and Africa

  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand for premium vehicles
• Growing automotive industry in emerging economies
• Improved safety features and comfort provided by sun visors

However, the market also witnesses some limitations, which are as follows:

• Incurring extra cost for designing apt sun visors
• Flaws in passenger car visor systems
• Adherence to regulatory compliances

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Market Scope in Automotive Sun Visor Market Research Report

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Research Analysis Overview

The Automotive Sun Visor market encompasses sun visors designed for the vehicle cabin to mitigate the glare of sunlight on the windshield, benefiting both driver and co-driver. These visors absorb heat and are available in fixed and expandable configurations. They come with mirrors, padding, screws, and electric cables attached to the mirror frame. Integrated ergonomic designs and multifunctional components distinguish them from conventional sun visors. Innovations include heat-absorbing LCD sun visors and lightweight alternatives made of various material combinations. The market growth is driven by traffic flow, driver safety, and the integration of sun visors with electronic equipment such as audio systems.

Market Research Overview

The global automotive components and equipment market encompasses businesses producing parts and accessories for various vehicle types, including passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. The market's size is determined by the consolidated revenue generated by these manufacturers. Key growth drivers in this sector include the escalating demand for electronic components in automobiles, such as electronic control units (ECUs) and other electrical components, due to the increasing sales of EVs, motorcycles, and PCs over the past decade. Additionally, factors like the integration of complex sun visor designs to mitigate heat absorption and glare from sunlight, ensuring driver safety, and catering to the growing traffic flow, particularly in electric vehicles, will significantly contribute to market expansion within the global automotive sector.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/