Global Automotive Window Power Sunshade Market Size By Type (Conventional Sunshade and LCD Sunshade), By Application (Passenger Cars and Commercial Vehicles), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Automotive Window Power Sunshade Market Size By Type (Conventional Sunshade and LCD Sunshade), By Application (Passenger Cars and Commercial Vehicles), By Geographic Scope And Forecast
Automotive Window Power Sunshade Market Size And Forecast
Automotive Window Power Sunshade Market size was valued at USD 1.52 Billion in 2024 and is projected to reach USD 4.15 Billion by 2031, growing at a CAGR of 14.75% from 2024 to 2031.
The Global Automotive Window Power Sunshade Market has witnessed strong growth owing to the increasing demand for heating, ventilation, and air conditioning (HVAC), technical improvements in the automotive sector, and increased customer desire for more comfortable interior environment are all contributing to this trend. The Global Automotive Window Power Sunshade Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Automotive Window Power Sunshade Market Definition
Window power sunshades are shields placed on the front and rear windows of a vehicle to block the sunlight from penetrating the interiors and thus, preventing the temperature in the vehicle cabin from rising. Automotive window power sunshades are extensively utilized in open parking places to prevent the vehicle interior from heating up.
Okay, so a "sunshade" is pretty much what you'd think – something that blocks the sun, giving you shade and keeping that harsh sunlight off you. Automotive window power sunshades are really handy because they do a couple of neat things. For starters, on those blistering hot days, they stop your car from turning into a furnace while it's parked, so you don't get blasted with heat the second you open the door. Plus, they protect your car's interior (and you!) from those nasty ultra-violet (UV) rays. Think of it this wayWhile HVAC systems (that's Heating, Ventilation, and Air Conditioning, by the way) are all about making the air inside feel good, window power sunshades give you extra perks like cutting down on glare and blocking a bunch of heat from even getting inside the car in the first place.
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Global Automotive Window Power Sunshade Market Overview
Rising demand for comfort from consumers is driving the market. Window power sunshades are being increasingly adopted in vehicles, as a greater number of consumers are becoming aware and are also creating a high aftermarket demand. Infrared light damages the interior upholstery and hence, consumers are opting to install window power sunshades in order to maintain the appearance of the vehicle interior. Increased vehicle sales in tropical and hot regions such as Asia Pacific and Brazil & Mexico of Latin America have boosted the market. The low cost and easy installation of window shades is further fueling the market.
So, gas prices are up, and suddenly everyone wants a power sunshade! Makes sense, right? They keep your car nice and cool, so your air conditioning isn't always blasting, which saves you gas money. Plus, let's face it, with all the bells and whistles in new cars these days, they just fit. Who wouldn't want a little extra luxury and convenience? That's gotta be why they're getting so popular. Automakers are jumping on board too, trying to outdo each other with fancy features, and luxury car sales are booming – all good news for power sunshades. But hey, if you're on a budget, you might still go for the good old manual sunshades, and that could slow down the power shade takeover a little.
Global Automotive Window Power Sunshade MarketSegmentation Analysis
The market is segmented based on Type, Application, and Geography.
Automotive Window Power Sunshade Market, By Type
• Conventional Sunshade• LCD Sunshade
Based on Type, the market is further segmented into Conventional Sunshade and LCD Sunshade. In 2021, the Conventional Sunshade segment has dominated the market accounting for the largest market share. The Conventional Sunshade retract during reversing and hence, are extremely convenient for the driver.
Automotive Window Power Sunshade Market, By Application
• Passenger Cars• Commercial Vehicles
Based on Application, the market is segmented into Passenger Cars and Commercial Vehicles. In 2021, the Passenger Cars segment has dominated the market accounting for the largest market share. This segment is expected to expand at a considerable growth rate during the forecast period due to rise in vehicle sales in developing countries.
Automotive Window Power Sunshade Market, By Geography
• North America• Europe• Asia Pacific• Rest of the World
Based on regional analysis, the market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Europe is the leading region in the market due to increased disposable income and various convenient and attractive vehicle loan schemes launched by financial institutions and automobile manufacturers for luxury vehicles. This is, in turn, driving the growth of automotive window power sunshade in the European market.
Key Players
The “Global Automotive Window Power Sunshade Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Ashimori Industry Co. Ltd., BOS GmbH and Co. KG, CIE Automotive SA, Eclipse SunShades, Inalfa Roof Systems Group B.V., Inteva Products LLC, Johnan America Inc., Macauto Industrial Co. Ltd., Vaccess India Pvt. Ltd., Webasto SE, amongst others are a few major companies operating in the Automotive Window Power Sunshade market. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• CIE Automotive SA offers automotive window power sunshades that optimize the comfort of transportation by creating and supporting concepts to reinforce user well-being.
• CIE Automotive SA – Mahindra CIE Europe segment focuses on the business for the manufacture of European forges, dependent on the Mahindra CIE group (dependent on the Group).
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Ashimori Industry Co. Ltd., BOS GmbH and Co. KG, CIE Automotive SA, Eclipse SunShades, Inalfa Roof Systems Group B.V., Inteva Products LLC, Johnan America Inc., & Others
SEGMENTS COVERED
Type, Application, and Geography.
CUSTOMIZATION SCOPE
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