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Automatic down retraction of sunshades on reverse gear engagement will be one of the key trends in the automotive window power sunshade market during 2022-2026
NEW YORK , May 27, 2022 /PRNewswire/ -- The automotive window power sunshade market is a part of the global automotive components and accessories market within the global auto components market. Apart from the market in focus, Technavio's market analysis reports also provide in-depth coverage of the external factors influencing the parent market growth potential in the coming years.
In this report, Technavio defines 2021 as the base year and 2022-2026 as the forecast period. The size of the automotive window power sunshade market is anticipated to grow by USD 1.19 billion from 2021 to 2026. Moreover, the growth momentum of the market will accelerate at a CAGR of 15.74% during the forecast period. Our report describes in detail the various factors that are responsible for the market growth and the growth momentum.
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What are the Some of the Topics Covered in this Report?
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What are the Various Segments Covered in this Report?
Luxury passenger vehicles and mid-size passenger vehicles
APAC, North America, Europe, Middle East and Africa, and South America
What are the Factors Driving the Growth of the Automotive Window Power Sunshade Market?
The growth of the automotive window power sunshade market will be driven by the fact that window power sunshades maximize HVAC efficiency. Heating, ventilation, and air conditioning (HVAC) is used for maintaining good air quality and providing thermal comfort through adequate ventilation. Window power sunshades offer advantages, such as reducing the sun's glare and heat transfer into the interior of the vehicle.
What are the Trends Supporting the Growth of the Automotive Window Power Sunshade Market?
Automatic down retraction of sunshades on reverse gear engagement is one of the key trends in the market. The growing demands of customers and regulatory pressures are leading to the introduction of technologically advanced vehicles. There has been a significant increase in the use of mechatronics in automotive manufacturing.
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Which are the Major Vendors Operating in the Automotive Window Power Sunshade Market?
According to Technavio, the major vendors operating in the automotive window power sunshade market include 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, and Yachiyo Industry Co. Ltd. among others.
Is the Market Fragmented or Concentrated?
The global automotive window power sunshade market is concentrated, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The market consists of some well-established vendors that are engaged in designing, developing, and manufacturing automotive window power sunshades. These vendors supply various types of automotive window power sunshades to either automotive OEMs or aftermarkets, or both.
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Automotive Window Power Sunshade Market Scope
Accelerate at a CAGR of 15.74%
North America, Europe, APAC, South America, and Middle East and Africa
US, China, Japan, Germany, and UK
Leading companies, Competitive strategies, Consumer engagement scope
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, and Yachiyo Industry Co. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
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