Automotive Sun Visor Market by Type, Surface Material, Distribution, Vehicle

List of Tables

[193 Pages Report] The Automotive Sun Visor Market size was estimated at USD 1.46 billion in 2023 and expected to reach USD 1.59 billion in 2024, at a CAGR 9.50% to reach USD 2.77 billion by 2030.

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.

KEY MARKET STATISTICS
Base Year [2023]	USD 1.46 billion
Estimated Year [2024]	USD 1.59 billion
Forecast Year [2030]	USD 2.77 billion
CAGR (%)	9.50%

Type: Growing usage of liquid crystal display sun visors offering adjustable tint levels that can be controlled electronically

Conventional sun visors represent the traditional mechanism of blocking and filtering sunlight. These visors are typically made of a solid piece of material, often fabric-covered, that can be adjusted manually to shield the driver's eyes from direct sunlight. Consumers who prioritize simplicity, durability, and cost-effectiveness often prefer conventional sun visors. These sun visors appeal to a broad demographic, especially in regions where electronic enhancements in vehicles are less sought-after due to economic constraints or personal preference for traditional vehicular components. LCD (Liquid Crystal Display) sun visors represent a significant technological advancement in the realm of automotive sun protection. These sun visors utilize a digital screen to block out sunlight, offering adjustable tint levels that can be controlled electronically, thereby providing a dynamic solution to glare obstruction. The LCD sun visor is particularly suited for consumers who value technology and innovation in their vehicles. These consumers typically have a higher spending capacity and desire for convenience, efficiency, and modernity in their automotive experiences. Regions with a strong emphasis on cutting-edge automotive technology see a higher demand for LCD sun visors.

Vehicle: High potential of automotive sun visors in passenger vehicles primarily for driver and passenger comfort

The commercial vehicle segment encompasses a wide range of vehicles used for commercial purposes, including trucks, buses, and vans. The need for sun visors in this segment stems from the extensive duration drivers spend on the road, necessitating protection against sun glare for safety and comfort. Within commercial vehicles, there is a preference for durable, adjustable, and easy-to-clean sun visors, often with added functionalities including, document holders or integrated mirrors for convenience. The passenger vehicle segment includes cars ranging from compact vehicles to SUVs and luxury vehicles. The demand for sun visors in passenger vehicles is primarily for driver and passenger comfort, reducing sun glare, and enhancing interior aesthetics. Preferences within this segment vary significantly with vehicle type-ranging from basic, cost-effective solutions in economy cars to high-quality, aesthetically pleasing sun visors in luxury vehicles, often featuring integrated lighting, mirrors, and even display functions.

Regional Insights

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.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive Sun Visor Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive Sun Visor Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

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.

Market Segmentation & Coverage

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

Type
- Conventional Type
- LCD Sun Visor

Surface Material
- Fabric
- Vinyl

Distribution
- Aftermarket
- OEM

Vehicle
- Commercial Vehicle
- Passenger Vehicle

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automotive Sun Visor Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Sun Visor Market?

3. What are the technology trends and regulatory frameworks in the Automotive Sun Visor Market?

4. What is the market share of the leading vendors in the Automotive Sun Visor Market?

5. Which modes and strategic moves are suitable for entering the Automotive Sun Visor Market?

Product Code: MRR-437D45957A00

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing sales and production of vehicles across the globe
  - 5.1.1.2. Demand for driving comfort and safety of driver from being blinded by the sun
  - 5.1.1.3. Availability of regulatory mandates concerning driver safety
- 5.1.2. Restraints
  - 5.1.2.1. High cost of automotive digital sun visor
- 5.1.3. Opportunities
  - 5.1.3.1. Introduction of next-generation automotive sun visor
  - 5.1.3.2. Growing potential of solar-powered ventilation systems integrated within sun visors
- 5.1.4. Challenges
  - 5.1.4.1. Certain technical limitations with automotive digital sun visor
5.2. Market Segmentation Analysis
- 5.2.1. Type: Growing usage of liquid crystal display sun visors offering adjustable tint levels that can be controlled electronically
- 5.2.2. Vehicle: High potential of automotive sun visors in passenger vehicles primarily for driver and passenger comfort
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automotive Sun Visor Market, by Type

6.1. Introduction
6.2. Conventional Type
6.3. LCD Sun Visor

7. Automotive Sun Visor Market, by Surface Material

7.1. Introduction
7.2. Fabric
7.3. Vinyl

8. Automotive Sun Visor Market, by Distribution

8.1. Introduction
8.2. Aftermarket
8.3. OEM

9. Automotive Sun Visor Market, by Vehicle

9.1. Introduction
9.2. Commercial Vehicle
9.3. Passenger Vehicle

10. Americas Automotive Sun Visor Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Automotive Sun Visor Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Automotive Sun Visor Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Ford patents a sun visor that can shatter windows
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio