Market Overview:
The global car airbag market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and rising awareness about safety features in vehicles. In terms of type, the frontal airbag segment is expected to lead the global car airbag market during the forecast period, followed by side airbags and curtain airbags. The knee airbag segment is projected to grow at a high CAGR during the forecast period owing to its growing demand in luxury cars. By application, sedan vehicles are expected to dominate the global car airbag market during 2018-2030 owing to their high sales volume across regions.
Product Definition:
A car airbag is a type of passive restraint system, usually consisting of one or more inflated bags, that provides protection to the occupants of a vehicle in the event of a collision.
Frontal Airbag:
The frontal airbag is a type of airbag that is designed to protect the passengers in the front part of a vehicle. It works by expanding and inflating from the steering wheel or dashboard in response to an impact, thereby protecting the head and chest of the driver or passenger. The frontal airbags are primarily used in cars, but they are also available as side-airbags for trucks and as knee-to-throne bags for buses.
Side Airbag:
Side airbag is a type of airbag that is designed to protect the passengers sitting on the side of an occupied vehicle. It works by expanding and inflating from its built in reservoir to partially or fully occupy space between the seat and steering wheel, thereby providing protection against injuries during collisions. The technology has been available since the early 1990s but was not made mandatory for all vehicles until 2012.
Application Insights:
The other application segment includes buses, trucks, and other vehicles. Other airbags include a curtain type that covers the front and rear seats. The knee airbag is commonly used in this vehicle category as it provides additional protection to drivers and passengers in case of severe impact.
The SUV segment held the largest market share of over 30% in 2017 owing to its high usage across the globe for recreational purposes as well as for business travel purposes. The rising trend of purchasing an SUV with a luxury feel is expected to boost product demand over the forecast period.
UPSV Technologies has introduced ¢â‚¬Å“Advance Airbag System Technology (AAST)¢â‚¬ that enables car manufacturers to design safer cars by providing advanced protection against extreme impacts without increasing overall size or weight of airbags compared to conventional systems currently available on the market today.
Regional Analysis:
North America dominated the global car airbags market in terms of revenue share in 2017. The presence of stringent regulations and norms, coupled with high awareness levels among consumers, is expected to drive the regional market over the forecast period. Europe accounted for a significant share owing to rising incidences of road accidents and growing demand for advanced safety technologies in automobiles.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid economic development along with increasing disposable income levels among consumers. Moreover, government initiatives encouraging people from middle class income groups are likely to propel product demand over coming years.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Stringent safety norms by regulatory authorities across the globe
- Rising awareness about the benefits of airbags among consumers
- Technological advancements in airbag systems
- Growing demand for luxury and premium cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Airbag Market Research Report
By Type
Frontal Airbag, Side Airbag, Curtain Airbag, Knee Airbag, Other
By Application
Sedan, SUV, Pickup Truck, Other
By Companies
Autoliv, Joyson Safety Systems, ZF-TRW, Toyota Gosei, Nihon Plast, Hyundai Mobis, Jin Heng, Ashimori
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Car Airbag Market Report Segments:
The global Car Airbag market is segmented on the basis of:
Types
Frontal Airbag, Side Airbag, Curtain Airbag, Knee Airbag, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sedan, SUV, Pickup Truck, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Autoliv
- Joyson Safety Systems
- ZF-TRW
- Toyota Gosei
- Nihon Plast
- Hyundai Mobis
- Jin Heng
- Ashimori
Highlights of The Car Airbag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Frontal Airbag
- Side Airbag
- Curtain Airbag
- Knee Airbag
- Other
- By Application:
- Sedan
- SUV
- Pickup Truck
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car Airbag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A car airbag is a device that deploys in the event of a collision, and helps protect the driver and passengers inside the vehicle.
Some of the key players operating in the car airbag market are Autoliv, Joyson Safety Systems, ZF-TRW, Toyota Gosei, Nihon Plast, Hyundai Mobis, Jin Heng, Ashimori.
The car airbag market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Airbag Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Car Airbag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Airbag Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Car Airbag Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Car Airbag Market Size & Forecast, 2020-2028
4.5.1 Car Airbag Market Size and Y-o-Y Growth
4.5.2 Car Airbag Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Frontal Airbag
5.2.2 Side Airbag
5.2.3 Curtain Airbag
5.2.4 Knee Airbag
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Sedan
6.2.2 SUV
6.2.3 Pickup Truck
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Airbag Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car Airbag Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Frontal Airbag
9.6.2 Side Airbag
9.6.3 Curtain Airbag
9.6.4 Knee Airbag
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Sedan
9.10.2 SUV
9.10.3 Pickup Truck
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Frontal Airbag
10.6.2 Side Airbag
10.6.3 Curtain Airbag
10.6.4 Knee Airbag
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Sedan
10.10.2 SUV
10.10.3 Pickup Truck
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Frontal Airbag
11.6.2 Side Airbag
11.6.3 Curtain Airbag
11.6.4 Knee Airbag
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Sedan
11.10.2 SUV
11.10.3 Pickup Truck
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Frontal Airbag
12.6.2 Side Airbag
12.6.3 Curtain Airbag
12.6.4 Knee Airbag
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Sedan
12.10.2 SUV
12.10.3 Pickup Truck
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Frontal Airbag
13.6.2 Side Airbag
13.6.3 Curtain Airbag
13.6.4 Knee Airbag
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Sedan
13.10.2 SUV
13.10.3 Pickup Truck
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car Airbag Market: Competitive Dashboard
14.2 Global Car Airbag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autoliv
14.3.2 Joyson Safety Systems
14.3.3 ZF-TRW
14.3.4 Toyota Gosei
14.3.5 Nihon Plast
14.3.6 Hyundai Mobis
14.3.7 Jin Heng
14.3.8 Ashimori
