Market Overview

Global Automotive Window Power Sunshade Market | 18% CAGR Projection Through 2022 | Technavio

Share:

The global automotive window power sunshade market is expected to post a
CAGR of over 18% during the period 2018-2022, according to the
latest market research report by Technavio.
However, the growth momentum of the market is expected to decelerate due
to a decline in the year-over-year growth.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180814005368/en/

Technavio has published a new market research report on the global automotive window power sunshade  ...

Technavio has published a new market research report on the global automotive window power sunshade market from 2018-2022. (Graphic: Business Wire)

Window power sunshades are finding adoption in vehicles as they offer
benefits, such as reducing sun's glare and heat transfer into the
interior of the vehicle. This leads to a reduction in the use of
heating, ventilation, and air conditioning (HVAC) unit to maintain the
inside temperature of the vehicle, therefore, decreasing the cost
incurred by the HVAC system. HVAC is the technology used to maintain
good air quality and deliver thermal comfort through adequate
ventilation inside vehicles.

This market research report on the global
automotive window power sunshade market 2018-2022
also provides
an analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the automatic down retraction of
sunshade on reverse gear engagement as one of the key emerging trends in
the global automotive window power sunshade market:

Global automotive window power sunshade market:
Automatic down retraction of sunshade on reverse gear engagement

Modern vehicles are technology-intensive and advanced to suit the
growing demands of customers and regulatory pressure. The advent of
electrical and electronic engineering in automobiles and the use of
these fields of study in conjunction with others like mechanical
engineering have led to a significant increase in the use of
mechatronics in automotive manufacturing. This has allowed growth
opportunities for several related markets that include semiconductor
manufacturers, ICT players, telematics service providers, telecom
operators, telecom hardware providers, and mobile device manufacturers.

"Sensor-based systems have entered the automotive industry to enhance
passenger comfort as well as allow drivers to better control the
in-vehicle system functions. These functions can be navigating among the
vehicle infotainment options, adjusting overhead lighting or ambient
temperature, opening and closing doors and windows, and answering or
rejecting phone calls. The sensor-based system adopted for power
sunshade automatically retracts down sunshades when the driver engages
reverse gear to allow rear visibility to the driver,"
says a senior
analyst at Technavio for research on automotive components.

Global automotive window power sunshade market:
Segmentation analysis

This market research report segments the global automotive window power
sunshade market by application (luxury passenger vehicles and mid-size
passenger vehicles) and geographical regions (APAC, EMEA, and the
Americas).

The luxury passenger vehicles segment held the largest market share in
2017, accounting for nearly 87% of the market. This application segment
is expected to dominate the global market throughout the forecast period.

The Americas led the market in 2017 with a market share of nearly 43% of
the market share. The market share occupied by this region is
anticipated to decrease by nearly 4% during 2018-2022.

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio's comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

View Comments and Join the Discussion!