Report Scope & Overview:
The Automotive Sun Visor Market size was recorded at USD 12.6 Bn in 2022 and is expected to reach USD 17.8 Bn by 2030, and grow at a GAGR of 3.8% over the forecast period of 2023-2030.
One part that is commonly seen in automobiles, especially cars, trucks, and SUVs, is the automotive sun visor. Its main functions are to protect the driver and passengers from the sun's glare, to provide shade, and to improve visibility when driving in sunny weather. Sun visors are often made of rigid or semi-rigid plastic panels that are rectangular or trapezoidal in shape and have a padded or cloth-covered surface. Usually, one is placed on the driver's side and one on the passenger's side, just above the windshield. The sun's rays can be blocked from various angles by adjusting these visors.
Sun visors assist in reducing glare and blocking direct sunlight so that the driver's vision is not hampered. They offer a degree of privacy by partially blocking external views into the vehicle A lot of sun visors have built-in, illuminated vanity mirrors so that passengers and drivers can assess their appearance. Parking tickets, documents, and sunglasses can all be kept in pockets or compartments found on certain sun visors. To efficiently block the sun, sun visors can be tilted at various angles and in different positions.
Typically, sun visors are constructed from foam, cloth, and molded plastic. The fabric can be coated for improved durability and cleaning ease, or it can match the interior of the car. Sun visors may contribute to overall security. They shouldn't interfere with the driver's ability to see the road or block the deployment of the airbags. Car owners can personalize their vehicles by adding an aftermarket sun visor with a variety of features and designs in addition to the ones that come standard. Sun visor padding and fabric can get dirty or deteriorate over time. The functionality and appearance of these can be preserved with routine cleaning and replacement when needed.
Modern cars may have sun visors with cutting-edge features like integrated airbags for added safety, sensors for automatic dimming, or even built-in garage door openers. As head-up displays, augmented reality capabilities, and even electrochromic materials that can electronically change the shading in response to changing lighting conditions become more commonplace in automobiles, sun visors may also become more sophisticated.
Market Dynamics:
Driver:
The rise in production of passenger and commercial vehicles all around the globe.
People have more disposable income as economies expand, which they can use to buy cars. As more and more people relocate to cities, there is a growing need for automobiles. Building new roads and offering subsidies for electric vehicles are just two examples of the policies that governments around the world are putting in place to encourage the use of automobiles.
Restrain:
Sun visors might not offer enough protection to completely block out the sun, particularly in low-angle sunlight or when the sun is in specific positions in the sky. Reduced visibility and lingering glare may come from this.
Opportunity
The ongoing trends in the automotive industry which is increasing demand for sun visors.
The global implementation of emissions regulations by governments and growing consumer awareness of the environmental advantages of electric vehicles (EVs) are driving an acceleration of the shift towards EVs. Although still in its infancy, self-driving vehicles have the potential to completely change how we travel. As people search for more practical and economical ways to get around, shared mobility services like ride-hailing and car sharing are growing in popularity. As more and more cars get connected, drivers can stay in contact with other cars and the internet while driving.
Challenges
While driving, adjusting the sun visor can be distracting and divert the driver's focus from the road. Vehicle models can differ in terms of adjustability and the range of angles covered.
Impact of Recession
The car sun visor market may be significantly impacted by a recession. Customers are less likely to buy new cars during a recession, and they might also be less likely to replace worn-out components like sun visors. As a result, manufacturers and suppliers of replacement parts may see a decline in demand for sun visors. Furthermore, the recession may result in more competition for the sun visor market. Automakers and suppliers of replacement parts may start producing sun visors internally or look for lower-cost suppliers in an effort to cut costs. It may be challenging for current sun visor manufacturers to hold onto their market share in light of the increased competition.
Impact of Russia Ukraine War
The conflict between Russia and Ukraine has had a major effect on the auto sun visor market. Russia is a significant supplier of the fabric, plastic, and aluminum used as raw materials to make sun visors. Due to supply disruptions brought on by the war, sun visor production has become more expensive and takes longer. Additionally, a large number of companies that make car sunvisors operate in Ukraine. Due to the war, these manufacturers were forced to close their facilities, which further decreased the amount of sun visors available on the international market. The car industry has been impacted in a number of ways by the sun visor shortage.
Market Segmentation
By Component Type
Conventional Sun Visor
LCD Sun Visor
By Material Type
Fabric
Vinyl
Others
By Vehicle Type
Passenger Cars
Commercial cars
Regional Coverage
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Key Players
The major key players are GRIOS SRO, akciova spolecnost, KASAI KOGYO Co Ltd, KABO, Grupo Antolin, Atlas Industries Holdings, GUMOTEX, Howa CO Ltd, Irvin Automotive, FOMPAK and others.
akciova spolecnost-Company Financial Analysis
Regional Analysis:
With over 50% of the global market share in 2023, the Asia Pacific region will hold the largest and fastest-growing market share for sun visors. This can be attributed to several factors, such as the rapidly expanding automotive sector in the area, the growing desire for high-end cars, and the growing consciousness of traffic safety. The Asia Pacific sun visor market is anticipated to be dominated by India, China, and Japan. The growing demand for premium vehicles and the rising sales and production of passenger cars are driving the Indian market. With more than 30% of the global sun visor market in 2023, Europe is the second-biggest market. The European market is distinguished by a significant emphasis on luxury automobiles and a high demand for sun visors.
With more than 15% of the worldwide market in 2023, North America is the third-largest market for sun visors. The growing popularity of electric vehicles and the growing need for SUVs and pickup trucks are driving the North American market.
Recent Developments:
GRIOS SRO:
GRIOS SRO introduced the ECO visor in 2023; composed of recycled materials, it weighs 20% less than a traditional visor. Additionally, GRIOS SRO is creating sun visors with built-in head-up displays (HUDs). These HUDs have the ability to project crucial data, like speed, navigational directions, and warning messages, onto the windshield.
Howa Co Ltd: Howa introduced its newest line of sun visors in 2022. These visors are composed of a sturdy, lightweight material derived from recycled plastics. Howa debuted a new 3D-printed sun visor in 2023 with an intricate design intended to block the sun more efficiently. In addition, Howa is creating sun visors with built-in airbags to better safeguard passengers and drivers in the event of an accident.
Report Attributes | Details |
Market Size in 2022 | US$ 12.6 Bn |
Market Size by 2030 | US$ 17.8 Bn |
CAGR | CAGR of 3.8 % From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2019-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Component Type (Conventional Sun Visor, LCD Sun Visor), • By Material Type (Fabric, Vinyl, Others), • By Vehicle Type (Passenger Cars, Commercial cars), |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles | GRIOS SRO, akciova spolecnost, KASAI KOGYO Co Ltd, KABO, Grupo Antolin, Atlas Industries Holdings, GUMOTEX, Howa CO Ltd, Irvin Automotive, FOMPAK |
Key Drivers | The rise in production of PV and CV. |
Market Restraints | Vehicle models can differ in terms of adjustability and the range of angles covered. |
Ans:- The market forecast period is 2021-2028 according to the study report.
Ans:- The vinyl material segment is anticipated to show the highest growth in demand.
Ans:- Increase in the manufacturing of electric vehicles and an increase in demand for passenger safety are the primary market drivers for Automotive Sun Visor Market.
Ans:- Yes.
Ans:- The study includes a comprehensive analysis of market trends, as well as present and future market forecasts. DROC analysis, as well as impact analysis for the projected period. Porter’s five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape etc.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine war
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Automotive Sun Visor Market, By Component Type
8.1 Conventional Sun Visor
8.2 LCD Sun Visor
9. Automotive Sun Visor Market, By Material Type
9.1 Fabric
9.2 Vinyl
9.3 Others
10. Automotive Sun Visor Market, By Vehicle Type
10.1 Passenger Cars
10.2 Commercial Cars
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Automotive Sun Visor Market by Country
11.2.2North America Automotive Sun Visor Market by Component Type
11.2.3 North America Automotive Sun Visor Market by Material Type
11.2.4 North America Automotive Sun Visor Market by Vehicle Type
11.2.5 USA
11.2.5.1 USA Automotive Sun Visor Market by Component Type
11.2.5.2 USA Automotive Sun Visor Market by Material Type
11.2.5.3 USA Automotive Sun Visor Market by Vehicle Type
11.2.6 Canada
11.2.6.1 Canada Automotive Sun Visor Market by Component Type
11.2.6.2 Canada Automotive Sun Visor Market by Material Type
11.2.6.3 Canada Automotive Sun Visor Market by Vehicle Type
11.2.7 Mexico
11.2.7.1 Mexico Automotive Sun Visor Market by Component Type
11.2.7.2 Mexico Automotive Sun Visor Market by Material Type
11.2.7.3 Mexico Automotive Sun Visor Market by Vehicle Type
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Automotive Sun Visor Market by country
11.3.1.2 Eastern Europe Automotive Sun Visor Market by Component Type
11.3.1.3 Eastern Europe Automotive Sun Visor Market by Material Type
11.3.1.4 Eastern Europe Automotive Sun Visor Market by Vehicle Type
11.3.1.5 Poland
11.3.1.5.1 Poland Automotive Sun Visor Market by Component Type
11.3.1.5.2 Poland Automotive Sun Visor Market by Material Type
11.3.1.5.3 Poland Automotive Sun Visor Market by Vehicle Type
11.3.1.6 Romania
11.3.1.6.1 Romania Automotive Sun Visor Market by Component Type
11.3.1.6.2 Romania Automotive Sun Visor Market by Material Type
11.3.1.6.4 Romania Automotive Sun Visor Market by Vehicle Type
11.3.1.7 Turkey
11.3.1.7.1 Turkey Automotive Sun Visor Market by Component Type
11.3.1.7.2 Turkey Automotive Sun Visor Market by Material Type
11.3.1.7.3 Turkey Automotive Sun Visor Market by Vehicle Type
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Automotive Sun Visor Market by Component Type
11.3.1.8.2 Rest of Eastern Europe Automotive Sun Visor Market by Material Type
11.3.1.8.3 Rest of Eastern Europe Automotive Sun Visor Market by Vehicle Type
11.3.2 Western Europe
11.3.2.1 Western Europe Automotive Sun Visor Market by Country
11.3.2.2 Western Europe Automotive Sun Visor Market by Component Type
11.3.2.3 Western Europe Automotive Sun Visor Market by Material Type
11.3.2.4 Western Europe Automotive Sun Visor Market by Vehicle Type
11.3.2.5 Germany
11.3.2.5.1 Germany Automotive Sun Visor Market by Component Type
11.3.2.5.2 Germany Automotive Sun Visor Market by Material Type
11.3.2.5.3 Germany Automotive Sun Visor Market by Vehicle Type
11.3.2.6 France
11.3.2.6.1 France Automotive Sun Visor Market by Component Type
11.3.2.6.2 France Automotive Sun Visor Market by Material Type
11.3.2.6.3 France Automotive Sun Visor Market by Vehicle Type
11.3.2.7 UK
11.3.2.7.1 UK Automotive Sun Visor Market by Component Type
11.3.2.7.2 UK Automotive Sun Visor Market by Material Type
11.3.2.7.3 UK Automotive Sun Visor Market by Vehicle Type
11.3.2.8 Italy
11.3.2.8.1 Italy Automotive Sun Visor Market by Component Type
11.3.2.8.2 Italy Automotive Sun Visor Market by Material Type
11.3.2.8.3 Italy Automotive Sun Visor Market by Vehicle Type
11.3.2.9 Spain
11.3.2.9.1 Spain Automotive Sun Visor Market by Component Type
11.3.2.9.2 Spain Automotive Sun Visor Market by Material Type
11.3.2.9.3 Spain Automotive Sun Visor Market by Vehicle Type
11.3.2.10 Netherlands
11.3.2.10.1 Netherlands Automotive Sun Visor Market by Component Type
11.3.2.10.2 Netherlands Automotive Sun Visor Market by Material Type
11.3.2.10.3 Netherlands Automotive Sun Visor Market by Test Type
11.3.2.11 Switzerland
11.3.2.11.1 Switzerland Automotive Sun Visor Market by Component Type
11.3.2.11.2 Switzerland Automotive Sun Visor Market by Material Type
11.3.2.11.3 Switzerland Automotive Sun Visor Market by Vehicle Type
11.3.2.1.12 Austria
11.3.2.12.1 Austria Automotive Sun Visor Market by Component Type
11.3.2.12.2 Austria Automotive Sun Visor Market by Material Type
11.3.2.12.3 Austria Automotive Sun Visor Market by Vehicle Type
11.3.2.13 Rest of Western Europe
11.3.2.13.1 Rest of Western Europe Automotive Sun Visor Market by Component Type
11.3.2.13.2 Rest of Western Europe Automotive Sun Visor Market by Material Type
11.3.2.13.3 Rest of Western Europe Automotive Sun Visor Market by Vehicle Type
11.4 Asia-Pacific
11.4.1 Asia-Pacific Automotive Sun Visor Market by country
11.4.2 Asia-Pacific Automotive Sun Visor Market by Component Type
11.4.3 Asia-Pacific Automotive Sun Visor Market by Material Type
11.4.4 Asia-Pacific Automotive Sun Visor Market by Vehicle Type
11.4.5 China
11.4.5.1 China Automotive Sun Visor Market by Component Type
11.4.5.2 China Automotive Sun Visor Market by Vehicle Type
11.4.5.3 China Automotive Sun Visor Market by Material Type
11.4.6 India
11.4.6.1 India Automotive Sun Visor Market by Component Type
11.4.6.2 India Automotive Sun Visor Market by Material Type
11.4.6.3 India Automotive Sun Visor Market by Vehicle Type
11.4.7 Japan
11.4.7.1 Japan Automotive Sun Visor Market by Component Type
11.4.7.2 Japan Automotive Sun Visor Market by Material Type
11.4.7.3 Japan Automotive Sun Visor Market by Vehicle Type
11.4.8 South Korea
11.4.8.1 South Korea Automotive Sun Visor Market by Component Type
11.4.8.2 South Korea Automotive Sun Visor Market by Material Type
11.4.8.3 South Korea Automotive Sun Visor Market by Vehicle Type
11.4.9 Vietnam
11.4.9.1 Vietnam Automotive Sun Visor Market by Component Type
11.4.9.2 Vietnam Automotive Sun Visor Market by Material Type
11.4.9.3 Vietnam Automotive Sun Visor Market by Vehicle Type
11.4.10 Singapore
11.4.10.1 Singapore Automotive Sun Visor Market by Component Type
11.4.10.2 Singapore Automotive Sun Visor Market by Material Type
11.4.10.3 Singapore Automotive Sun Visor Market by Vehicle Type
11.4.11 Australia
11.4.11.1 Australia Automotive Sun Visor Market by Component Type
11.4.11.2 Australia Automotive Sun Visor Market by Material Type
11.4.11.3 Australia Automotive Sun Visor Market by Vehicle Type
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Automotive Sun Visor Market by Component Type
11.4.12.2 Rest of Asia-Pacific Automotive Sun Visor Market by Material Type
11.4.12.3 Rest of Asia-Pacific Automotive Sun Visor Market by Test Type
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Automotive Sun Visor Market by country
11.5.1.2 Middle East Automotive Sun Visor Market by Component Type
11.5.1.3 Middle East Automotive Sun Visor Market by Material Type
11.5.1.4 Middle East Automotive Sun Visor Market by Vehicle Type
11.5.1.5 UAE
11.5.1.5.1 UAE Automotive Sun Visor Market by Component Type
11.5.1.5.2 UAE Automotive Sun Visor Market by Material Type
11.5.1.5.3 UAE Automotive Sun Visor Market by Vehicle Type
11.5.1.6 Egypt
11.5.1.6.1 Egypt Automotive Sun Visor Market by Component Type
11.5.1.6.2 Egypt Automotive Sun Visor Market by Material Type
11.5.1.6.3 Egypt Automotive Sun Visor Market by Vehicle Type
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Automotive Sun Visor Market by Component Type
11.5.1.7.2 Saudi Arabia Automotive Sun Visor Market by Material Type
11.5.1.7.3 Saudi Arabia Automotive Sun Visor Market by Vehicle Type
11.5.1.8 Qatar
11.5.1.8.1 Qatar Automotive Sun Visor Market by Component Type
11.5.1.8.2 Qatar Automotive Sun Visor Market by Material Type
11.5.1.8.3 Qatar Automotive Sun Visor Market by Vehicle Type
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Automotive Sun Visor Market by Component Type
11.5.1.9.2 Rest of Middle East Automotive Sun Visor Market by Material Type
11.5.1.9.3 Rest of Middle East Automotive Sun Visor Market by Vehicle Type
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by country
11.5.2.2 Africa Automotive Sun Visor Market by Component Type
11.5.2.3 Africa Automotive Sun Visor Market by Material Type
11.5.2.4 Africa Automotive Sun Visor Market by Vehicle Type
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Automotive Sun Visor Market by Component Type
11.5.2.5.2 Nigeria Automotive Sun Visor Market by Material Type
11.5.2.5.3 Nigeria Automotive Sun Visor Market by Vehicle Type
11.5.2.6 South Africa
11.5.2.6.1 South Africa Automotive Sun Visor Market by Component Type
11.5.2.6.2 South Africa Automotive Sun Visor Market by Material Type
11.5.2.6.3 South Africa Automotive Sun Visor Market by Vehicle Type
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Automotive Sun Visor Market by Component Type
11.5.2.7.2 Rest of Africa Automotive Sun Visor Market by Material Type
11.5.2.7.3 Rest of Africa Automotive Sun Visor Market by Test type
11.6 Latin America
11.6.1 Latin America Automotive Sun Visor Market by country
11.6.2 Latin America Automotive Sun Visor Market by Component Type
11.6.3 Latin America Automotive Sun Visor Market by Technique
11.6.4 Latin America Automotive Sun Visor Market by Vehicle Type
11.6.5 Brazil
11.6.5.1 Brazil America Automotive Sun Visor by Component Type
11.6.5.2 Brazil America Automotive Sun Visor by Technique
11.6.5.3 Brazil America Automotive Sun Visor by Vehicle Type
11.6.6 Argentina
11.6.6.1 Argentina America Automotive Sun Visor by Component Type
11.6.6.2 Argentina America Automotive Sun Visor by Technique
11.6.6.3 Argentina America Automotive Sun Visor by Vehicle Type
11.6.7 Colombia
11.6.7.1 Colombia America Automotive Sun Visor by Component Type
11.6.7.2 Colombia America Automotive Sun Visor by Technique
11.6.7.3 Colombia America Automotive Sun Visor by Vehicle Type
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Automotive Sun Visor by Component Type
11.6.8.2 Rest of Latin America Automotive Sun Visor by Technique
11.6.8.3 Rest of Latin America Automotive Sun Visor by Vehicle Type
12 Company profile
12.1 GRIOS SRO
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 akciova spolecnost
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 KASAI KOGYO Co Ltd
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 KABO
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Grupo Antolin
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Atlas Industries Holdings
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 GUMOTEX
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Howa CO Ltd
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Irvin Automotive
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 FOMPAK
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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