Automotive Sun Visor Market (By Surface Material: Vinyl, Fabric; By Type: LCD Sun Visor, Conventional Type; By Vehicle Type: Commercial Vehicle, Passenger Vehicle, Electric Vehicle; By Sales Channel: Aftermarket, OEM) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Category : Automotive, Transportation and Logistics | Delivery Format : PDF | Status: Published | Pages : 190

The global automotive sun visor market size is expected to reach around USD 10 billion by 2026 and growing at a CAGR of 3.2% during the forecast period 2019 to 2026.

Sun visors has become an important part of modern vehicles and they enhance the overall appearance of the vehicle interior. Rising in demand for stylish sun visors, consistent increase in vehicle production across the world, owing to rapid urbanization, and increase in purchasing power of consumers are likely to drive the automotive sun visor market during the forecast period.The automotive sun visor manufacturers requires to design sun visor to match the dimension required by the consumers which sustain R&D cost and pose a challenge for automotive sun visor vendors. On the other hand, volatility of the raw material prices may slow the growth of the automotive sun visor market.

The market research study on “Automotive Sun Visor Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers a detailed outlook, strategic recommendations, and insightful viewpoints on the global automotive sun visor market. The report also analyzes the key players operating in automotive sun visor market and identifies the key strategies deployed by them along with the market share of leading players.

The global automotive sun visor market is segmented as below:

Automotive Sun Visor Market By Surface Material

  • Vinyl
  • Fabric

Automotive Sun Visor Market By Type

  • LCD Sun Visor
  • Conventional Type

Automotive Sun Visor Market By Vehicle Type

  • Commercial Vehicle
  • Passenger Vehicle
  • Electric Vehicle

Automotive Sun Visor Market By Sales Channel

  • Aftermarket
  • OEM

Automotive Sun Visor Market By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Sweden
    • Norway
    • Denmark
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Singapore
    • India
    • Rest of Asia-Pacific
  • Rest of the World
    • UAE
    • Qatar
    • Saudi Arabia
    • South Africa
    • Rest of the World

The key trends supporting the automotive sun visor market growth includes increasing demand for vehicle and passenger safety is likely to boost the demand for the automotive sun visor during the forecast period. Additionally, increasing demand for stylish sun visors, consistent growth in vehicle production across the world, owing to rapid urbanization. Some sun visors are incorporated with mirrors and light for enhanced appearance. LCD sun visor is gaining acceptance among consumers, as it not for blocks sunlight also it is able to integrate DVD playback into the vehicle.

The automotive sun visoris segmented by surface material, sales channel, vehicle type, and type.On the basis of surface material, the global automotive sun visoris segmented into vinyl andfabric. On the basis of type, the global automotive sun visor market is bifurcated into LCD sun visor, conventional type. Based on vehicle type, the global market is segmented into commercial vehicle, passenger vehicle, and electrical vehicle. On the basis of sales channel, the market is segmentedaftermarket andOEM.

Geographically, the global automotive sun visor market is segmented into North America, Europe, Asia Pacific, Latin America and The Middle East & Africa (LAMEA).

Asia Pacific is anticipated to hold more than 50% share of the global market

In terms of region, Asia Pacific dominates the automotive sun visor market owing to the presence of a prominent automotive manufacturers in China, Japan, India, and South Korea. Asia Pacific is anticipated to hold more than 50% share of the global market. Growing production of the automobile in these countries is expected to flourish the automotive sun visor market in this region. Further, blooming economies and the changing the lifestyle of the population in this region is expected to grow the demand for the automotive sun visor. Rising vehicle production across the region is expected to boost the automotive sun visor market during the forecast period

Europe is expected to second leading position in the Europe automotive sun visor market.Increasing automotive sector, growing urbanization, increasing per-capita income, and changing standard of living is likely to propel the growth of the Europe automotive sun visor market. It is estimated that the German automotive industry accounted for approximately USD 322.0 billion in 2015. The automotive industry of Germany is one of the most innovative industries with R&D investments amounting to USD 24.1 billion in 2014. Moreover, the massive R&D expenditure over new innovative technologies such as autonomous vehicles and electric vehicles the German automotive industry is likely to gain huge push in coming years.

The LAMEA automotive sun visor market is majorly driven by increasing per capita income and increasing interest of population on spending will simultaneously drive the growth of the market in LAMEA. Additionally, the increasing players in this region is likely to propel the growth of the market during the forecast period. Moreover, increase in the number of light vehicles and stringent safety norms are expected to drive the sun visor market

Some of the major players analyzed and profiles in this market includeIrvin Automotive Products, Inc., GUMOTEX, BRACE, GRIOS sro, Grupo Antolin, Atlas Holdings., KASAI KOGYO CO., LTD., HOWA TEXTILE INDUSTRY CO., LTD., KÖBO GmbH & Co KG, FOMPAK, and KB Foam Inc.

Being a nascent market, many new companies many enter in the market in near future which will increase the competitive rivalry. Continuously increasing demand for the light vehicles favored the international players to withstand in the market. Additionally, innovative approaches and introduction of technologically advanced vehicles undertaken by key players will fuel the market growth and competition in the market.

For instance- On April 2019, Atlas Holdings LLC acquired International Wire Group Holdings, Inc.. Headquartered in Camden, New York, IWG is a leading designer and manufacturer of highly-engineered copper-based wire products.IWG serves a huge range of customers, primarily in end markets such as industrial, energy, electronics and data communications, automotive and specialty vehicles, aerospace and defense, medical products and appliances.


Related Reports

Automotive Laser Headlight Market By Vehicle: (Passenger Vehicle, Commercial Vehicle) By Sales Channel: (OEM, Aftermarket) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global automotive laser headlight market size is expected to reach around 339.7 Bn by 2026 and growing at a CAGR of around 67.9% from forecast period 2019 to 2026. Laser headlights are the automotive components used for lighting the road surface to increase safety, and also to avoid risk of accidents. Laser headlights are an innovative technology used in the automobiles, where laser beams not actually shot on the road instead lasers f

Car Rental Market (By Booking Type: Online Access, Offline Access; By Application Type: Leisure/Tourism and Business; By Vehicle Type: Economy/Budget Cars, Luxury/Premium Car) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global car rental market size is expected to reach over USD 187.5 billion by 2026 and is expected to grow at a CAGR of 13.7% during the forecast period, 2019–2026. During last few years, the trend of the car and automotive buying has changed the scenario. Rental cars have got the traction during last few years. Car rental service provides car and automobiles on rent for l

Electric Vehicle Market (By Type: Battery Electric Vehicle, Hybrid Electric Vehicle, and Plug-in Hybrid Electric Vehicle; By Application: Two-Wheeler, Passenger Cars, and Commercial Cars) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global electric vehicle market is expected to grow at CAGR 25.6% during the forecast period, 2019-2026 and will reach over USD 568.2 Billion by 2026. Electric vehicle also knows as electric motor or EV, is a vehicle that uses electric motor for propulsion. Some of the common electric vehicles are electric car, electric truck, electric train, electric airplanes, electric lorries, electric boats,

Electric Vehicle Charging Station Market (By Type of Charger: AC Charging Station and DC Charging Station; By Power Output: <11 kW, 11kW-50 kW, >50 kW; By End Use: Private Type and Public Type; By Supplier Type: OE Charging Station and Private Charging Station) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global electric vehicle charging station market is expected to grow at CAGR 40.5% during the forecast period, 2019-2026 and will reach over USD 30.8 Billion by 2026. Electric vehicle charging stations is known with multiple names including electric vehicle charging point, electric recharging point is an infrastructural point that is known for supplying electric energy to the electric vehicle. T

Automotive OLED Market (By Location: Interior OLEDs, exterior OLEDs; By Structure: Transparent OLEDs, Graded Hetero-Junction OLEDs, Stacked OLEDs, Inverted OLEDs; By Vehicles Type: Passenger Vehicles (PV), Commercial Vehicles (CV)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global automotive OLED market size is expected to reach over USD 5.1 billion by 2026 and is expected to grow at CAGR 16.5% during the forecast period, 2019-2026. Automotive OLED (Organic Light-Emitting Diode) is the film of organic compound that emits light in response to an electric current. It is an advanced type of the automotive lighting. The global Automotive OLED market is growing at sign

Automotive Filter Market (By Type: Air Filter, Fuel Filter, Oil Filter, Emission Filter; By Sales: OES, OEM, IAM, Aftermarket; By Application: LCV, Passenger Vehicle (PV), HCV, 2-wheeler) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global automotive filter market size is expected to reach over 29.6 USD Billion by 2026 and is expected to grow at a CAGR of 3.5% during the forecast period, 2019–2026. Automotive Filter is used in the filtration of the petrol, oil and air excused in the automotive vehicles. During last few years there is a significant increase in the number of the automotive vehicles across the globe which has boosted the demand for the automotive filter across

Cart Summary