According to the TechSci Research report, titled “Global Automotive Sun Visor Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028,” the Global Automotive Sun Visor Market was valued at USD 2.1 billion in 2022 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period from 2024 to 2028.
Key Market Drivers
1. Rising Global Automobile Production and Sales
The growth of the Global Automotive Sun Visor Market is closely linked to the continually expanding global automobile production and sales. This expansion is primarily driven by the increasing demand for efficient and reliable transportation solutions worldwide. As consumers become more safety-conscious, the importance of sun visors as a safety feature in vehicles becomes more pronounced.
2. Technological Advancements in the Automotive Industry
Constant technological advancements in the automotive industry significantly contribute to the growth of the sun visor market. Integration of electronic components like LCD displays and sensors into sun visors not only enhances their functionality but also improves the overall driving experience. These integrated features enable glare reduction, augmented reality displays, and advanced driver assistance systems, providing drivers with added convenience and safety.
3. Tightening Vehicle Safety Regulations
The increasing stringency of vehicle safety regulations across the globe acts as a catalyst for the expansion of the sun visor market. Governments and regulatory bodies are imposing stricter standards to ensure the safety of passengers and drivers. Automotive manufacturers are thus compelled to incorporate sun visors that comply with these regulations, further driving the demand for technologically advanced and compliant sun visors.
Browse over 26 market data Figures spread through 91 Pages and an in-depth TOC on “Global Automotive Sun Visor Market” – https://www.techsciresearch.com/report/automotive-sun-visor-market/3556.html
Who Will Benefit from This Report?
This report will be valuable to a wide range of stakeholders, including:
- Professionals and executives in the automotive industry seeking market intelligence and growth opportunities.
- Manufacturers and suppliers of sun visors aiming to meet the evolving demands of the automotive industry.
- Investors interested in potential investment and growth opportunities within the automotive sun visor sector.
- Researchers and analysts studying trends and developments in the automotive and sun visor industries.
- Government agencies and regulatory bodies monitoring technological advancements and regulatory compliance in automotive safety features.
Major companies operating in Global Automotive Sun Visor Market are:
- GRIOS SRO
- HOWA TEXTILE INDUSTRY
- Atlas Holdings.
- Grupo Antolin
- KASAI KOGYO CO., LTD.
- Irvin Automotive Products, Inc.
- BURSA OTOTRIM PANEL SANAY
Customers can also request for 10% free customization on this report.
“The Global Automotive Sun Visor Market is propelled by several key factors. Primarily, the rising global automobile production and sales, coupled with consumers’ growing awareness about vehicular safety, drive the demand for sun visors. Additionally, constant technological advancements, like the integration of electronic components, add to the market’s growth. Lastly, the increasing stringency of vehicle safety regulations worldwide also contributes to the market expansion.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Automotive Sun Visor Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Conventional Type, LCD Sun Visor), By Material Type (Fabric, Vinyl), By Vehicle Type (Passenger Vehicle, Commercial Vehicle, Electric Vehicle), By Demand Category (OEM, Aftermarket), By Region, Competition”, has evaluated the future growth potential of Global Automotive Sun Visor Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Automotive Sun Visor Market.
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