Global Automotive Side Window Sunshades Market Size to Exceed USD 5.31 Billion By 2033
According to a research report published by Spherical Insights & Consulting, The Global Automotive Side Window Sunshades Market Size is Expected to Grow from USD 3.29 Billion in 2023 to USD 5.31 Billion by 2033, Growing at a CAGR of 4.90% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Automotive Side Window Sunshades Market Size, Share, and COVID-19 Impact Analysis, By Material (Fabric, Polyester, Plastic, Foam), By End User (Passenger Vehicles, Commercial Vehicles), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, And Africa), Analysis And Forecast 2023 - 2033
The worldwide automotive side window sunshades market is ascribed to the business involved in the production and distribution of products designed to shield vehicle interiors from sunlight with their harmful UV rays. It also keeps the automobile from getting too hot, which would happen if the side window sunshades weren't there. Many manufacturers are concentrating on producing sunshades that are simple to install, semi-rigid, detachable, and foldable for later use which propels the market revenue. The market for side window sunshades is propelling due to the increasing desire for advanced material technology and the rising execution of safety legislation. Further, the rising acceptance of electric, hybrid, and autonomous vehicles support boosts the market expansion by integrating such solutions. However, market growth faces several obstacles, like high upfront costs for fabricating, a lack of expert personnel, and economic uncertainty.
The fabric segment held the largest share of the global automotive side window sunshades market in 2023 and is anticipated to grow at a substantial CAGR over the forecast period.
On the basis of the material, the global automotive side window sunshades market is differentiated into fabric, polyester, plastic, and foam. Among these, the fabric segment held the largest share of the global automotive side window sunshades market in 2023 and is anticipated to grow at a substantial CAGR over the forecast period. This is because by its lightness, durability, and good UV protection. Increasing demand from consumers for stylish, easy-to-fit, and economical sunshades will propel its high CAGR growth in the forecast period.
The passenger vehicles segment held the largest share of the global automotive side window sunshades market in 2023 and is anticipated to grow at a substantial CAGR over the forecast period.
On the basis of the end user, the global automotive side window sunshades market is segmented into passenger vehicles and commercial vehicles. Among these, the passenger vehicles segment held the largest share of the global automotive side window sunshades market in 2023 and is anticipated to grow at a substantial CAGR over the forecast period. This is due to the rising change in the automobile sector with technology interference and the popularity of the luxury, automated, and EV fleets throughout as rental and private.
Asia Pacific is projected to hold the largest share of the global automotive side window sunshades market over the forecast period.
Asia Pacific is expected to hold the greatest share of the global automotive side window sunshades market over the forecast period. The regional market is growing due to the expanding automotive industry at the global level, and rapid economic development, and developing nations like India, South Korea, Japan, and China are the major contributors to the strengthening of the infrastructure. The market is growing as a result of the growing acceptance of EVs, and hybrid vehicles at the same time rental car business's special focus on luxury cars propels the market revenue.
Europe is anticipated to grow at the fastest CAGR growth of the global automotive side window sunshades market over the forecast period. The market expansion throughout the region is further accelerated due to development in the automotive sector especially for wind shield-related and auto-related accessories. Moreover, the growing popularity of autonomous vehicles and significant ownership of luxurious fleets boost market revenue. Moreover, the change in material science for the automotive industry boosts the regional market.
Company Profiling
Major vendors in the global automotive side window sunshades market are Weathershield, Zhejiang Jingxin, IAC Group, Webasto, Valeo, Faurecia, Adler Pelzer Group, Sg AS, JAC Products, PUI, Toyota Boshoku, Magna International, Denso, Groupe PSA, Gentex, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global automotive Side Window Sunshades market based on the below-mentioned segments:
Global Automotive Side Window Sunshades Market, By Material
- Fabric
- Polyester
- Plastic
- Foam
Global Automotive Side Window Sunshades Market, By End User
- Passenger Vehicles
- Commercial Vehicles
Global Automotive Side Window Sunshades Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa