Automotive Sun Visor Market Planning, Innovation to See Modest Growth Through 2023
Automotive Sun Visor Market Analysis From 2019 To 2023 is latest report published by Market Research Future. According to report Increase Sales of Passenger Cars Supporting the Growth of the Automotive Sun Visor Market. Sun Visor Market Segmentation based on Product, Technology, Access Type, Vehicle Types and region.
Automotive Sun Visor Market 2019 Global Industry Research Report is a professional and in-depth study on the current state of the Global Automotive Sun Visor industry. Increase Sales of Passenger Cars Supporting the Growth of the Automotive Sun Visor Market. Automotive sun visor is a popular component in modern vehicles. Increased adoption in low-priced and mid-price cars has provided an impetus to the market. The global automotive sun visor market is poised to observe a steady growth over 2023 reports Market Research Future (MRFR).
Global Automotive Sun Visor Market: Competition Analysis
Some of the leading companies operating in the global market for automotive sun visor include GUMOTEX (Chez Republic), Grupo Antolin (Spain), KASAI KOGYO CO., LTD. (Japan), OTOTRIM Sanayi ve Ticaret A.Ş. Panel (Turkey), KB Foam Inc. (US), GRIOS s.r.o. (Czech Republic), HOWA TEXTILE INDUSTRY CO., LTD. (Japan), Irvin Automotive Products, Inc (US), FOMPAK (Turkey) and Atlas Holding (US).
Automotive Sun Visor Market Overview:
Automotive sun visor is a popular component in modern vehicles. Increased adoption in low-priced and mid-price cars has provided an impetus to the market. The global automotive sun visor market is poised to observe a steady growth over 2023 reports Market Research Future (MRFR).
Sun visors serves various purposes in modern cars, they facilitate heat absorption and allow natural light in the car. Sun visors adds to the overall interior of the car. Some of the cars now come with two sun visors one for the back-seat passengers and one for the front-seat passengers which was rare in the past.
Growth of the vehicle industry in regions such as Asia, the Middle East and LatAm has reflected favourably on the global automotive sun visor market. Moreover, changing vehicular design and new regulatory frameworks has influenced the automotive sun visor market. Nevertheless, presence of larges number of OEMs that follow different norms depending on region-to-region continues to create issues for car manufacturers. Currently, there are no definitive protocols for automotive sun visor manufacturing. The complex design often leads to incompatibility, which remains a major downside for the industry.
Despite such issues, sun visors are expected to remain a popular automotive part. The rise of electric vehicles has created new avenues for sun visors. There has been a considerable rise in number of manufacturers, many of them are starting more diver’s variety, giving more options to choose from for their clients. New materials are being utilized to develop sur visors however molded substrates, metals, plastics and fabrics are the popular options. Manufacturers are also focusing on making their products multi-faceted by combining other component such as lights, flaps, electric cable, mirror, frame, padding etc.
The growing sale of vehicle all over the world is having a positive influence on the global demand for automotive sun visor. At the same time, favourable business condition, stable growth of the automotive sector, evolving designs of automotive have contributed to the growth of the market in recent years.
Global Automotive Sun Visor Market: Segmental Analysis
MRFR’s report includes a detailed segmental analysis of the market based of propulsion, material, type, vehicle type, and region.
Based on propulsion, key market segments include electric vehicle and ICE. Based on material, key market segments include fabric, vinyl and others. Based on type, key market segments include Conventional sun visor and LCD. Based on vehicle type, key market segments include commercial vehicle and passenger car. Based on sales channel, key market segments include aftermarket and OEM.
Global Automotive Sun Visor Market: Regional Analysis
By region, key market segmentations include Europe, Asia Pacific (APAC), North America and Rest of the World (RoW). APAC is expected to remain a highly lucrative market for automotive sun visor in the foreseeable future. The market growth is likely to be driven by factors such as rising vehicle sales, increased disposable income, growing middle-class population and improving the standard of living. In addition, growth of the automotive manufacturing sector in the region, especially in China has augured well for the APAC automotive sun visor market. At the same time, introduction of stricter safety regulations is partly boosting the adoption of sun visor in vehicles.
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