Global Automotive Sun Visor Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
The car sun visor is made to protect the drivers eyes from the sun and has seen upgrades such as built in mirrors for checking appearance on the go and lights for better visibility at night or in darker conditions along with screens providing useful information like temperature or directions integrated into it now. A significant recent development, in this area is the rise of visors that come with cameras and sensors to enhance safety features and make driving more comfortable through advanced driver assistance systems (ADAS).
Market Key Insights
- The Automotive Sun Visor market is projected to grow from $3.0 billion in 2024 to $5.0 billion in 2034. This represents a CAGR of 5.15%, reflecting rising demand across Sun Protection and Glare Reduction, In-Vehicle Infotainment (IVI) Integration and Storage and Organization.
- The market leaders Grupo Antolin Atlas Holdings LLC and Hayashi Telempu Co Ltd drive the competitive dynamics of this industry.
- U.S. and China are the top markets within the Automotive Sun Visor market and are expected to observe the growth CAGR of 3.3% to 4.9% between 2024 and 2030.
- Emerging markets including Vietnam, Colombia and South Africa are expected to observe highest growth with CAGR ranging between 5.9% to 7.1%.
- The market for Automotive Sun Visors will receive a $300.0 million boost from the expected transition to smart sun visors during the next decade.
- The Automotive Sun Visor market is set to add $2.0 billion between 2024 and 2034, with manufacturer targeting Vinyl Sun Visors & Others Material Used projected to gain a larger market share.
- With Rising demand for comfort and safety features, and Advent of smart sun visors, Automotive Sun Visor market to expand 65% between 2024 and 2034.
Opportunities in the Automotive Sun Visor
With an increasing demand for tailored experiences among customers there is a rising interest in personalized sun visors, in the market segment today being sought after by consumers who value individuality and uniqueness in their products.
Growth Opportunities in North America and Europe
North America Outlook
The American market for Automotive Sun Visors is fiercely competitive with numerous major players vying for dominance in the industry here. The market is being propelled by the rising need for vehicles thatre both comfortable and equipped with advanced technology and safety features as well as by the increasing levels of UV radiation in the region. The United States stands out as a leader in this market thanks, to its developed automotive sector and the strong purchasing power of consumers.
Europe Outlook
The Automotive Sun Visor market in Europe is experiencing growth due to the increasing demand for advanced driver assistance systems and growing safety awareness among consumers in the region. Additionally the high production rates of cars and the presence of known automobile manufacturers in countries like Germany, France and Italy create attractive prospects, for market participants here.
Market Dynamics and Supply Chain
Driver: Rising Demand for Comfort and Safety Features, and Increasing Vehicle Production
The automotive sector is also seeing a growing influence of technology, with the emergence of sun visors that utilize advanced features to adapt to sunlight direction and intensity automatically for better functionality and customer appeal driving market growth up significantly.
Restraint: Rise in Counterfeit Products
Opportunity: Sustainable Automotive Sun Visors and Smart Sun Visors
An overlooked chance for growth could be found in the development of sun visors that leverage technology advancements to incorporate sensors or cameras, for detecting sunlight angles and glare to adjust automatically and improve both comfort and safety for drivers.
Challenge: High Production Costs
Supply Chain Landscape
ArcelorMittal
Rio Tinto
Grupo Antolin
Yongsan Corporation
Johnan Manufacturing Inc
IAC Group
Toyota
Volkswagen
ArcelorMittal
Rio Tinto
Grupo Antolin
Yongsan Corporation
Johnan Manufacturing Inc
IAC Group
Toyota
Volkswagen
Applications of Automotive Sun Visor in Protection & Glare Reduction, In-Vehicle Infotainment (IVI) Integration & Storage & Organization
Sun visors in cars are mainly designed to protect drivers and passengers from sunlight and reduce glare while driving to ensure clear visibility and prevent accidents effectively. Top companies such, as FCA US LLC and Johnson Controls provide adjustable sun visors that help block direct sunlight and reduce glare efficiently.
Automobile sun visors serve as storage compartments for drivers as well. They come equipped with features like card and document holders or even vanity mirrors for extra user comfort. This smart integration of sun visors into the vehicles design offers a sleek and efficient storage option. Mecai and Bell Automotive are leading the way, in this market by offering sun visors with these added functionalities.
In the future of sun visors lies the potential to be a crucial part of in car entertainment systems with new possibilities being considered like having the sun visor act as a screen, for navigation guidance and music control or even for handling phone calls.
Recent Developments
Mercedes Inc. s innovative interactive touch screen sun visors have revolutionized the market with their blend of technology and comfort leading to an increase, in consumer demand.
Lexus Inc introduced their sun visors that come equipped with solar panels built in as part of their eco friendly initiative, in the market.
General Motors Corporation has revealed the introduction of sun visors that can be adjusted and offer improved UV protection in a step, towards promoting safety measures within the industry.