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Sunglasses Market

Published Jan 22, 2026
Length 110 Pages
SKU # GV20873478

Description

Sunglasses Market Summary

The global sunglasses market size was valued at USD 43.03 billion in 2025 and is expected to reach USD 111.61 billion by 2033, growing at a CAGR of 10.1% from 2026 to 2033. The rising popularity of eyewear, particularly sunglasses, as an essential part of modern lifestyle, is projected to drive the demand for sunglasses over the forecast period.

High-end designers and fashion houses have incorporated sunglasses into their collections, turning them into coveted items. Iconic fashion brands such as Gucci, Prada, and Chanel have produced eyewear lines, making sunglasses a practical accessory as well as a style statement. Celebrities and influencers often sport these designer shades, further reinforcing their status as a fashion essential. Various organizations, including the World Health Organization (WHO), are actively raising awareness about the detrimental impacts of UV radiation. They are crafting guidelines and suggestions to safeguard against excessive sun exposure. The American Academy of Ophthalmology advises appropriate eye protection, such as sunglasses with UV-blocking capabilities, to shield the eyes from the potential harm caused by prolonged exposure to ultraviolet rays.

Furthermore, Prevent Blindness, an eye health and safety organization, has designated May as Ultraviolet Awareness Month with an aim to educate the public about the heightened risk of various conditions, ranging from corneal sunburns to diseases like cataracts and eye cancers. Furthermore, consumers are increasingly willing to spend more on branded, expensive sunglasses to make unique fashion statements. Manufacturers are responding to these trends by offering sunglasses in a range of styles, colors, and shapes to cater to consumer preferences.

For instance, in July 2023, Luxottica partnered with Eastman Kodak to include Kodak products in the Luxottica brand by January 2024. The brand will manufacture optical products for Kodak and will also undertake servicing for the same. Since Kodak is an iconic brand with good brand value, it will help Luxottica leverage its brand position. The fashion industry has been pivotal in popularizing sunglasses as a must-have accessory.

In October 2023, Meta Platforms and Ray-Ban, a brand from Luxottica Group, partnered to introduce the second-generation Ray-Ban Meta smart glasses featuring AI technology. These smart sunglasses come equipped with an integrated speaker, a 12MP camera, and a five-microphone system, offering users the capabilities of live streaming, music playback, messaging, and phone calls.

Moreover, the rise of social media and the constant sharing of personal photos have also contributed to the acceptance of sunglasses as a lifestyle accessory. People now view sunglasses as a way to express individuality and enhance their overall look. Whether oversized, retro, or minimalist frames, sunglasses can add a touch of sophistication, mystery, or glamour to one's appearance. They have become an essential part of the modern selfie culture, and people take great care in selecting the perfect pair to complement their outfits.

Global Sunglasses Market Report Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest trends and opportunities in each of the sub-segment from 2021 to 2033. For the purpose of this study, Grand View Research has segmented the sunglasses market on the basis of frame type, frame style, frame material, price band, region:
  • Frame Type Outlook (Revenue, USD Million; Volume Thousand Units; 2021 - 2033)
  • Full Frame
  • Half Frame
  • Rimless
  • Frame Style Outlook (Revenue, USD Million; Volume Thousand Units; 2021 - 2033)
  • Round
  • Square
  • Rectangle
  • Oval
  • Others
  • Frame Material Outlook (Revenue, USD Million; Volume Thousand Units; 2021 - 2033)
  • Metal
  • Non-Metal
  • Price Band Outlook (Revenue, USD Million; Volume Thousand Units; 2021 - 2033)
  • Up to $150
  • $150 - $249
  • $250 - $299
  • $300 - $499
  • Above $500
  • Regional Outlook (Revenue, USD Million; Volume Thousand Units; 2021 - 2033)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Austria
  • Belgium
  • Czech Republic
  • Denmark
  • Finland
  • France
  • Germany
  • Iceland
  • Ireland
  • Italy
  • Netherlands
  • Norway
  • Poland
  • Spain
  • Sweden
  • Switzerland
  • UK
  • Hungary
  • Romania
  • Portugal
  • Slovakia
  • Luxembourg
  • Croatia
  • Bulgaria
  • Greece
  • Ukraine
  • Asia Pacific
  • Australia
  • China
  • Hong Kong
  • India
  • Indonesia
  • Japan
  • Malaysia
  • New Zealand
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Bangladesh
  • Kazakhstan
  • Pakistan
  • Uzbekistan
  • Latin America
  • Brazil
  • Argentina
  • Chile
  • Colombia
  • Peru
  • Ecuador
  • Dominican Republic
  • Venezuela
  • Costa Rica
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey
  • Qatar
  • Nigeria
  • Morocco
  • Ethiopia
  • Egypt
  • Kenya
  • Angola
  • Oman
  • Israel
  • Algeria
Please note The report will be delivered in 4-8 business days upon order notification.

Table of Contents

110 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definition
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Intelligent Power Module Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Industry Challenge
3.3. Intelligent Power Module Market Analysis Tools
3.3.1. Porter’s Analysis
3.3.2. PESTEL Analysis
Chapter 4. Intelligent Power Module Market: Power Device Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Intelligent Power Module Market: Power Device Movement Analysis, 2025 & 2033 (USD Million)
4.3. IGBT
4.3.1. IGBT Intelligent Power Module Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.4. MOSFET
4.4.1. MOSFET Intelligent Power Module Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 5. Intelligent Power Module Market: Voltage Rating Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Intelligent Power Module Market: Voltage Rating Movement Analysis, 2025 & 2033 (USD Million)
5.3. 0 V to 599 V
5.3.1. 0 V to 599 V Intelligent Power Module Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.4. 600 V to 1,199 V
5.4.1. 600 V to 1,199 V Intelligent Power Module Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.5. 1,200 V and above
5.5.1. 1,200 V and above Intelligent Power Module Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 6. Intelligent Power Module Market: Application Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Intelligent Power Module Market: Application Movement Analysis, 2025 & 2033 (USD Million)
6.3. Automotive
6.3.1. Automotive Intelligent Power Module Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.4. Industrial
6.4.1. Industrial Intelligent Power Module Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.5. Consumer Electronics
6.5.1. Consumer Electronics Intelligent Power Module Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.6. Energy & Utility
6.6.1. Energy & Utility Intelligent Power Module Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.7. IT & Telecommunication
6.7.1. IT & Telecommunication Intelligent Power Module Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.8. Others
6.8.1. Others Intelligent Power Module Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 7. Intelligent Power Module Market: Regional Estimates & Trend Analysis
7.1. Intelligent Power Module Market Share, By Region, 2025 & 2033 (USD Million)
7.2. North America
7.2.1. North America Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.2.3. Canada
7.2.3.1. Canada Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.2.4. Mexico
7.2.4.1. Mexico Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.3. Europe
7.3.1. Europe Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.3.2. UK
7.3.2.1. UK Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.3.3. Germany
7.3.3.1. Germany Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.3.4. France
7.3.4.1. France Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.4.2. China
7.4.2.1. China Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.4.3. Japan
7.4.3.1. Japan Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.4.4. India
7.4.4.1. India Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.4.5. South Korea
7.4.5.1. South Korea Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.4.6. Australia
7.4.6.1. Australia Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.5. Latin America
7.5.1. Latin America Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.6. Middle East and Africa
7.6.1. Middle East and Africa Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.6.2. KSA
7.6.2.1. KSA Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.6.3. UAE
7.6.3.1. UAE Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.6.4. South Africa
7.6.4.1. South Africa Intelligent Power Module Market Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Company Market Positioning
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Power Device Benchmarking
8.6. Company Heat Map Analysis
8.7. Strategy Mapping
8.8. Company Profiles/Listing
8.8.1. ABB
8.8.1.1. Participant’s Overview
8.8.1.2. Financial Performance
8.8.1.3. Product Benchmarking
8.8.1.4. Recent Developments
8.8.2. Fuji Electric Co., Ltd.
8.8.2.1. Participant’s Overview
8.8.2.2. Financial Performance
8.8.2.3. Product Benchmarking
8.8.2.4. Recent Developments
8.8.3. Hitachi, Ltd.
8.8.3.1. Participant’s Overview
8.8.3.2. Financial Performance
8.8.3.3. Product Benchmarking
8.8.3.4. Recent Developments
8.8.4. Infineon Technologies AG
8.8.4.1. Participant’s Overview
8.8.4.2. Financial Performance
8.8.4.3. Product Benchmarking
8.8.4.4. Recent Developments
8.8.5. Mitsubishi Electric Corporation
8.8.5.1. Participant’s Overview
8.8.5.2. Financial Performance
8.8.5.3. Product Benchmarking
8.8.5.4. Recent Developments
8.8.6. onsemi
8.8.6.1. Participant’s Overview
8.8.6.2. Financial Performance
8.8.6.3. Product Benchmarking
8.8.6.4. Recent Developments
8.8.7. ROHM Co., Ltd.
8.8.7.1. Participant’s Overview
8.8.7.2. Financial Performance
8.8.7.3. Product Benchmarking
8.8.7.4. Recent Developments
8.8.8. Schneider Electric
8.8.8.1. Participant’s Overview
8.8.8.2. Financial Performance
8.8.8.3. Product Benchmarking
8.8.8.4. Recent Developments
8.8.9. STMicroelectronics
8.8.9.1. Participant’s Overview
8.8.9.2. Financial Performance
8.8.9.3. Product Benchmarking
8.8.9.4. Recent Developments
8.8.10. Toshiba Electronic Devices & Storage Corporation
8.8.10.1. Participant’s Overview
8.8.10.2. Financial Performance
8.8.10.3. Product Benchmarking
8.8.10.4. Recent Developments
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