Automotive Sun Visor Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032
The Global Automotive Sun Visor Market Size accounted for USD 12.4 Billion in 2023 and is estimated to achieve a market size of USD 19.9 Billion by 2032 growing at a CAGR of 5.5% from 2024 to 2032.
Automotive Sun Visor Market Highlights
- Global automotive sun visor market revenue is poised to garner USD 19.9 billion by 2032 with a CAGR of 5.5% from 2024 to 2032
- Asia-Pacific automotive sun visor market value occupied around USD 5 billion in 2023
- Asia-Pacific automotive sun visor market growth will record a CAGR of more than 6.2% from 2024 to 2032
- Among product type, the conventional sun visor sub-segment generated more than USD 11.8 billion revenue in 2023
- Based on surface material, the vinyl sub-segment generated around 52% automotive sun visor market share in 2023
- Expansion in autonomous vehicles may drive the need for sun visors with added functionalities is a popular automotive sun visor market trend that fuels the industry demand
Automotive sun visor is a component installed in the interior of vehicle just above the windshield. These are designed to protect the eyes of drivers and passengers from sunlight with a hinged flap that is adjustable. Automotive sun visor are of two types one is fixed and extendable sun visor with or without mirror. The sun visor is made up of a variety of parts, including a mirror plate, electric cords, screws and padding. Increased electric car manufacturing is predicted to drive industry demand during the automotive sun visor market forecast period.
Global Automotive Sun Visor Market Dynamics
Market Drivers
- Increasing demand for enhanced vehicle safety features is driving sun visor adoption
- Rising consumer preference for vehicles with advanced interiors
- Growth in the automotive industry, especially in emerging markets, fuels sun visor sales
- Technological advancements in sun visor designs, such as integrated lighting, attract buyers
Market Restraints
- High costs of advanced sun visors may limit adoption in budget vehicles
- The availability of aftermarket alternatives hampers OEM sun visor sales
- Fluctuating raw material prices pose challenges to manufacturers
Market Opportunities
- Growing electric vehicle (EV) market offers new avenues for sun visor innovations
- Increasing focus on passenger comfort creates demand for customizable sun visors
- Rising adoption of smart technologies in vehicles opens opportunities for intelligent sun visors
Automotive Sun Visor Market Report Coverage
| Market | Automotive Sun Visor Market |
| Automotive Sun Visor Market Size 2022 |
USD 12.4 Billion |
| Automotive Sun Visor Market Forecast 2032 | USD 19.9 Billion |
| Automotive Sun Visor Market CAGR During 2023 - 2032 | 5.5% |
| Automotive Sun Visor Market Analysis Period | 2020 - 2032 |
| Automotive Sun Visor Market Base Year |
2022 |
| Automotive Sun Visor Market Forecast Data | 2023 - 2032 |
| Segments Covered | By Product Type, By Surface Material, By Application, By Sales Channel, And By Geography |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | GUMOTEX, Grupo Antolin, KASAI KOGYO CO., LTD., Atlas Holdings, FOMPAK, HOWA TEXTILE INDUSTRY CO., LTD., BRACE, Benecke-Kaliko AG, GRIOS sro, and Irvin Automotive Products, Inc. |
| Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Automotive Sun Visor Market Insights
The major factor bolster the growth of market and is expected to grow during forecast period is due to increasing demand for automotive sun visor among consumers to block the sunlight and also to maintain the temperature in the vehicle. Furthermore, rising adoption of varieties of automotive sun visor with application such as passenger vehicle, commercial vehicle and electric vehicle is expected to fuel the growth of market. Also increasing advancement in technology is driving the growth of automotive sun visor market. However, the high cost of automotive sun visor in the vehicle can hamper to some extent, and is likely to curb the growth of global automotive sun visor market.
The automotive sun visor market is categorized as passenger, commercial and electric vehicle in terms of application. Owing to continuous increase in demand for passenger vehicles in the globe, demand for automotive sun visor is likely to be increased throughout the forecast period. Stable economic condition in developed countries, decrease in bank interest rates and rapid urbanization are expected to increase the demand of passenger vehicle. The adoption of electric vehicle is driving government policies in the sector of green transport to reduce emissions of pollution around the globe. Rises in electric vehicle production are expected to fuel industry demand during the automotive sun visor industry forecast period.
Automotive Sun Visor Market Segmentation
The worldwide market for automotive sun visor is split based on product type, surface material, application, sales channel, and geography.
Automotive Sun Visor Product Types
- Conventional Sun Visor
- LCD Sun Visor
According to automotive sun visor industry analysis, the conventional sun visor category leads the market due to its vast applicability across a variety of vehicle models. These visors are simple, inexpensive, and long-lasting, offering crucial protection from sunshine and glare while ensuring driver comfort and safety. Because of their low cost and ease of manufacture, they are appealing options for both economy and mid-range cars. Furthermore, traditional sun visors are compatible with most vehicle interiors, making them a practical option that does not require complex technology. This tried-and-true shape continues to dominate the market, whereas other technologies, such as LCD sun visors, have struggled to gain traction due to their higher costs and niche appeal.
Automotive Sun Visor Surface Materials
- Vinyl
- Fabric
- Others
Vinyl has dominated the vehicle sun visor business because to its superior durability and cost. Vinyl-covered sun visors are popular among producers and consumers because of their extended lifespan and ease of maintenance. These visors have a smooth, sleek texture that resists wear, stains, and fading, making them popular among drivers and passengers. Furthermore, vinyl materials provide more design flexibility, allowing automakers to create sun visors that match a wide range of interior styles while maintaining affordability. The increasing demand for robust, low-maintenance materials, especially in budget and mid-range vehicles, drives the popularity of vinyl sun visors, reinforcing their market dominance.
Automotive Sun Visor Applications
- Passenger Vehicle
- Commercial Vehicle
- Electric Vehicle
The passenger vehicle sector leads the automotive sun visor market, owing to the sheer number of passenger automobiles on the road worldwide. This supremacy is due to the strong production and sales of sedans, SUVs, and hatchbacks, which account for the vast majority of cars created. Sun visors are a crucial component in these cars, providing glare protection for the driver and passengers. Furthermore, as the number of personal automobiles increases, particularly in developing nations, so does the demand for sun visors in passenger vehicles. Automakers are attempting to improve comfort and convenience features, such as making sun visors standard on most passenger vehicles, thereby consolidating the segment's leading position.
Automotive Sun Visor Sales Channels
- OEM (Original Equipment Manufacturer)
- Replacement
The OEM (Original Equipment Manufacturer) segment of the automotive sun visor market is expected to create significant revenue. This is largely due to sun visors being directly integrated into the vehicle production process. Sun visors are meant to blend smoothly with the interior, ensuring a flawless fit and finish, as automakers strive to improve vehicle appearances and functionality. Furthermore, rising global vehicle production and increased consumer demand for improved sun visors with features such as LED mirrors or vanity options drive OEM sales. OEM parts are selected by automakers because of their long-term durability and warranty, ensuring ongoing revenue development in this market.
Automotive Sun Visor Market Regional Outlook
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Automotive Sun Visor Market Regional Analysis
In terms of automotive sun visor market analysis, Asia-Pacific hold the largest share of the market and is expected to dominant the global industry due to presence of automotive companies in India, Japan, China and South Korea. Asia Pacific is expected to hold more than 40% share of the global market. The region growth in automotive demand is expected to fuel the automotive sun visor market during the projected period. The automotive sun visor market in the region is expected to drive the market during forecast period due to rise in production and sales of electric vehicles, especially in China. Electric vehicle trends are likely to expand the use of sun visors in the automobile market in Europe. The automotive sun visor market in North America is expected to fuel the forecast period with rising numbers of light vehicles and strict safety norms.
Automotive Sun Visor Market Players
Some of the top automotive sun visor companies offered in our report includes GUMOTEX, Grupo Antolin, KASAI KOGYO CO., LTD., Atlas Holdings, FOMPAK, HOWA TEXTILE INDUSTRY CO., LTD., BRACE, Benecke-Kaliko AG, GRIOS sro, and Irvin Automotive Products, Inc.
Frequently Asked Questions
How big is the automotive sun visor market?
The automotive sun visor market size was valued at USD 12.4 billion in 2023.
What is the CAGR of the global automotive sun visor market from 2024 to 2032?
The CAGR of automotive sun visor is 5.5% during the analysis period of 2024 to 2032.
Which are the key players in the automotive sun visor market?
The key players operating in the global market are including GUMOTEX, Grupo Antolin, KASAI KOGYO CO., LTD., Atlas Holdings, FOMPAK, HOWA TEXTILE INDUSTRY CO., LTD., BRACE, Benecke-Kaliko AG, GRIOS sro, and Irvin Automotive Products, Inc
Which region dominated the global automotive sun visor market share?
Asia-Pacific held the dominating position in automotive sun visor industry during the analysis period of 2024 to 2032.
Which region registered fastest CAGR from 2024 to 2032?
Asia-Pacific region exhibited fastest growing CAGR for market of automotive sun visor during the analysis period of 2024 to 2032.
What are the current trends and dynamics in the global automotive sun visor industry?
The current trends and dynamics in the automotive sun visor industry include increasing demand for enhanced vehicle safety features is driving sun visor adoption, rising consumer preference for vehicles with advanced interiors boosts the market, growth in the automotive industry, especially in emerging markets, fuels sun visor sales, and technological advancements in sun visor designs, such as integrated lighting, attract buyers.
Which surface material held the maximum share in 2023?
The vinyl surface material held the maximum share of the automotive sun visor industry.
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