A
sun visor is a module of an automobile located on the interior just beyond the
windshield or windscreen. It is designed with a hinged flap which is adjustable
to help shade the eyes of drivers & passengers from the glare of sunlight
and electronic equipment in the vehicle. It is composed of several components such
as mirror, padding, electric cable, flap, frame, and lights. It is made of
molded substrates, metals, plastics, and fabrics. It is used as a sunroof
in vehicles. It helps lower the temperature of the vehicle cabin through
blocking direct sunlight, as extreme heat can damage the audio system in the
vehicle.
According
to study, “World
Automotive Sun Visor Market Research Report 2024(covering USA, EU, China, South
East Asia, Japan and etc)” the key companies operating in
the world automotive sun visor market are Grupo Antolin, Dongfeng Electronic, Irvin
Automotive Products, Inc., KB Foam Inc., Atlas (Motus) Holdings, Bursa
Ototrim Panel Sanay, FOMPAK, Kyowa Sangyo, Daimei, KOBO GmbH & Co KG, Hayashi,
IAC, Gumotex, Howa Textile Industry Co. Ltd., Takata, Kasai
Kogyo Co. Ltd., Visteon, Yongsan, BRACE, Vinyl Specialities, Grios Sro, Mecai. Major
players are focusing on acquisition & product launches which helps in
increasing the geographical reach or minimizing the competition in the market.
Whereas local players are offering their product at low prices in order to
sustain in the market.
Based
on type, automotive sun visor market is segmented into conventional sun visor
and LCD sun visor. Based on surface material, market is
segmented into fabric material, vinyl material and others. Based on vehicle
type, market is segmented into passenger cars, buses, trucks, and light
commercial vehicles. Passenger vehicles holds major share in market owing to rapid
urbanization across the globe, healthy economic conditions in developing
countries, and decrease in bank interest rates. Based on sales channel, market
is segmented into aftermarket and OEM.
The
automotive sun visor market is
driven by increase in traffic flow, followed by rise in demand for
vehicle & driver safety, increase in population &
change in lifestyle of consumers, rise in demand for fashionable sun visors, increase
in use of electrification in vehicles, growth in sales & production
of vehicles, rapid urbanization & rise in purchasing power of consumers, increase
in living standards, and rise in investment by public & private players.
However, complex design of the system and lack of standard protocols
for the development of automotive sun visors may impact the market. Moreover, improvement
in economy of emerging nations and rise in demand for electric vehicles are key
opportunities for market.
Based
on geography, China, Japan and India countries holds major share in automotive
sun visor market owing to presence of a prominent automotive industry and increase
in production & sales of electric vehicles in the countries. USA and EU are
expected to witness higher growth rate due to rise in the number of light
vehicles and stringent safety norms over the forecast period. It is estimated
that market will be reached at fast pace on account of consistent increase in
vehicle production and rise in demand for stylish sun visors over the forecast
period.
For more
information, refer to below link:-
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Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
