Automotive Sun Visor Market Will Expand At A CAGR Of 4.8% Between 2025 And 2034, Reaching USD 4.01 Billion By 2034 | PMR
| Report Attributes | Details |
| Market value in 2024 | USD 2.52 billion |
| Market value in 2034 | USD 4.01 billion |
| CAGR | 4.8 % |
| Base year | 2024 |
| Historical data | 2020 – 2023 |
| Forecast period | 2025 – 2034 |
Regional Insights
With regard to automotive sun visors market, the report provides regionally specific market insights for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The growing demand for electric vehicles in North America led to the region holding the largest revenue share of the market in 2024. Because manufacturers are increasing their production capacities to meet the general public's demand, there is a growing demand for automotive sun visors. Furthermore, the region's rising disposable income is fueling the demand for electric cars, which is driving the growth of the North American automotive sun visor market.
The automotive sun visors market in Asia Pacific is expanding significantly as a result of increasing mergers and acquisitions between big automakers that aim to increase production capacity. The region's automakers are expanding their manufacturing capacity by partnering with and strategically purchasing important rivals. Furthermore, in an effort to reach a wider market, these mergers and acquisitions have resulted in the sharing of technology and resources. Additionally, Asia Pacific's need for automotive sun visors is being driven by rising car sales.
Automotive Sun Visor Market Development
In October 2024, Volkswagen released an updated GT line of Virtus in the market. During a meeting with shareholders in March of this year, the carmaker first revealed the GT Line and GT Plus Sport trims.
In November 2024, Nissan Motor Co., Ltd. declared that it had completed its investment in Kesai Kogyo Co., Ltd., a prominent Japanese supplier of auto parts. The purchase of Kasai Kogyo's most recent Class A preferred shares is another aspect of the investment.
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Automotive Sun Visor Market Segmentation
By Component Outlook (Revenue USD Billion, 2020–2034)
- Conventional LCD
By Vehicle Type Outlook (Revenue USD Billion, 2020–2034)
- Passenger Cars Commercial Cars
By Regional Outlook (Revenue USD Billion, 2020–2034)
- North America
- US Canada
- Germany France UK Italy Spain Netherlands Russia Rest of Europe
- China Japan India Malaysia South Korea Indonesia Australia Rest of Asia Pacific
- Saudi Arabia UAE Israel South Africa Rest of Middle East & Africa
- Mexico Brazil Argentina Rest of Latin America
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