NEW YORK, Nov. 29, 2023 /PRNewswire/ — The automotive window power sunshade market is estimated to grow by USD 1.40 billion from 2022 to 2027, growing at a CAGR of 15.74%. The automotive window power sunshade market is concentrated owing to the presence of many global and regional companies. A few prominent companies that offer automotive window power sunshade market are Ashimori Industry Co. Ltd., BOS GmbH and Co. KG, CIE Automotive SA, Eclipse SunShades, Honda Motor Co. Ltd., Inalfa Roof Systems Group B.V., Inteva Products LLC, KK Motors Inc., MACAUTO INDUSTRIAL Co. Ltd., Vaccess India Pvt. Ltd., and Webasto SE. The report provides a full list of key companies, their strategies, and the latest developments. Download a Free Sample before buying
Company Offering:
- Ashimori Industry Co. Ltd. – The company offers automotive window power sunshades, including manual and electric sunshades, for passenger cars and commercial vehicles.
- BOS GmbH and Co. KG – The company offers automotive window power sunshades such as integrated front and rear window sunshades.
- CIE Automotive SA – The company offers automotive window power sunshades such as lateral and rear panoramic sunshades, under the subsidiary, ACS Shanghai Co. Ltd.
- For details on companies and their offerings – Buy the report!
By Geography, the market is classified as North America, Europe, APAC, South America, and Middle East and Africa. North America will have the largest share of the market. North America will account for 40% of the growth of the global market during the forecast period. The growing preference for personal transport among the US population results in the increasing adoption of technologies that offer comfort, thereby fuelling the market for automotive window power sunshades. Download a free sample report to get more insights on the market share of various regions and the contribution of the segments.
- Impactful driver- Window power sunshades maximize HVAC efficiency
- Key Trend – Automatic down retraction of sunshades on reverse gear engagement
- Major Challenges – Slowdown in automobile sales in developed countries
Market Segmentation
- The luxury passenger vehicle segment will contribute the largest share of the market. Various automotive manufacturers initially launched their advanced innovative features in this segment and then eventually integrated them into the mid-size and entry-level passenger vehicle segments. Such strategies are fuelled by the low price sensitivity of the target customer base, which offers numerous opportunities for OEMs to experiment with new technologies without stressing their commercial viability.
Technavio Research experts have provided more insights on the market share of segments – View a Free Sample Report
Related Reports:
The automotive power window motor market size is expected to increase to USD 5.06 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 15.74%.
The automotive active seat belt system market size is estimated to grow at a CAGR of 6.3% between 2022 and 2027. The market size is forecast to increase by USD 1,941.4 million.
Automotive Window Power Sunshade Market Scope |
|
Report Coverage |
Details |
Historic period |
2017-2021 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.74% |
YoY growth 2022-2023 (%) |
15.36 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Key countries |
US, China, Japan, Germany, and UK |
TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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SOURCE Technavio