Report Overview
Airbags are automotive safety features in vehicles that are engineered to inflate at a rapid speed during the event of an accident or crash. The inflated airbags help in protecting the in-vehicle occupants in such occurrences. Therefore, these devices are categorized under automotive passive safety features. There are various types of airbags based on their application in vehicles, such as frontal airbags, side airbags, curtain airbags, and seatbelt airbags. The names of these airbags are associated with their strategic placements inside the vehicle.
In several developing economies such as China, India, and Brazil, the use of curtain airbags is restricted to the luxury and mid-premium passenger car segments. However, with the increasing focus on passenger safety and the rising awareness of the usage of curtain airbags, the demand for the installation of these devices in low-cost and compact vehicles will increase as well. For instance, Ford India has already started installing six air bags, including curtain and frontal airbags, in their low-cost models such as Aspire and Figo.
This research report gives detailed data about the major factors influencing the growth of the Automotive Airbag market at the national and local level forecast of the market size, in terms of value, market share by region, and segment; regional market positions; segment and country opportunities for growth; Key company profiles, SWOT, product portfolio and growth strategies. It studies the market\'s essential sides such as top participants, expansion strategies, business models, and other market features to improve market insight.
The report forecast global Automotive Airbag market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Automotive Airbag market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Automotive Airbag market for 2015-2027.
Market Segmentation
The Automotive Airbag market is segmented on the basis of type, application, end-use industry, and region & country.
Key Companies
Autoliv
TRW
Key Safety Systems
Toyoda Gosei
Nihon Plast
Yanfeng Automotive Trim Systems
East JoyLong Motor Airbag
Hyundai Mobis
BYD
S&T Motiv
Jinheng Automotive Safety Technology
Changzhou Changrui
Jiangsu Favour
Taihang Changqing
Ashimori Industry
At the same time, we classify Automotive Airbag according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Driver Front Airbag
Passenger Front Airbag
Side Airbag
Knee Airbag
Others
Market by Application
Passenger Vehicles
Commercial Vehicles
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Airbag market for the forecast period 2021 - 2027?
• What are the driving forces in the Automotive Airbag market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Airbag industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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