Market Overview:
The global passenger 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, especially in developing countries such as China and India. Additionally, stringent safety norms by regulatory authorities are also driving the growth of this market. The global passenger car airbag market is segmented on the basis of type, application and region. On the basis of type, it is divided into front airbags, front side airbags, side tubular or side curtain airbags and knee airbags. Frontal impact crashes are most common among all types of accidents and account for majority share in terms of fatalities as well; hence front-mounted bags are most common type installed in vehicles across regions worldwide. Side impact crashes are less frequent but more deadly than frontal impacts; as a result demand for side mounted bags is increasing globally which would drive segment growth during forecast period . Knee-airbags find application mainly in luxury cars owing to their high price point; however with technological advancements these bags have started penetrating into mid-priced vehicles as well (especially SUVs) over past few years thereby propelling this sub-segment’s growth rate during forecast period .
Product Definition:
A passenger car airbag is a type of airbag that protects the occupants of a passenger vehicle in the event of a collision. They are usually located in the dashboard, on either side of the steering wheel, or in the seat back.
Front Airbag:
The front airbag is a safety device that protects the passengers in the passenger car and other vehicles from injuries during an accident. The front airbags are designed to deploy automatically in event of an accident or crash, thereby cushioning and protecting the head and chest of the occupants. The deployment of these bags helps to limit serious injury or death caused by forward movement within a vehicle.
Front Side Airbag:
The front side airbag is a safety device that protects the passengers sitting in front seats from head, neck and spinal injuries in event of a collision. It works by expanding and contracting with inflation pressure generated from an inflatable bladder mounted beneath the seat. The inflation pressure is monitored through sensors within the steering wheel or dashboard, which trigger an electronic signal to tell the driver that there's a passenger sitting behind him.
Application Insights:
The passenger car airbag application segment includes sedans, sports utility vehicles (SUVs), pickup trucks and other types of passenger cars. The others segment category includes buses, minivans and light-duty trucks. Airbags are installed in a vehicle to protect the passengers from injuries in case of accidents caused by flying shards or objects.
Airbags are designed with safety as their primary objective; hence they are mandatory for all new manufactured vehicles across the globe to enhance road safety.
Regional Analysis:
North America dominated the global passenger car airbag market in terms of revenue share in 2017. The presence of stringent regulations and mandates for airbags, coupled with high awareness among consumers, is one major factor responsible for the region’s dominance. For instance, as per NHTSA (National Highway Traffic Safety Administration), front airbags are required on every new vehicle manufactured after 2012. Moreover, an increasing number of road accidents is also propelling demand for these products in this region.
Asia Pacific is expected to be one of fastest growing regions due to rising disposable income and improving economic conditions especially in emerging countries such as China.
Growth Factors:
- Increasing demand for passenger cars
- Stringent safety norms by regulatory authorities
- Technological advancements in airbag systems
- Rising disposable income of consumers
- Growing awareness about the benefits of airbags
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Car Airbag Market Research Report
By Type
Front Airbag, Front Side Airbag, Side Tubular or Side Curtain Airbag, Knee Airbag
By Application
Sedan, SUVs, Pickup Trucks, Others
By 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
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Car Airbag Market Report Segments:
The global Passenger Car Airbag market is segmented on the basis of:
Types
Front Airbag, Front Side Airbag, Side Tubular or Side Curtain Airbag, Knee Airbag
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, SUVs, Pickup Trucks, Others
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
- 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
Highlights of The Passenger 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:
- Front Airbag
- Front Side Airbag
- Side Tubular or Side Curtain Airbag
- Knee Airbag
- By Application:
- Sedan
- SUVs
- Pickup Trucks
- Others
- 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 Passenger 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
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- Product & Brand Management
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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 passenger car airbag is a device that deploys in the event of a collision, inflating to protect the occupants.
Some of the major players in the passenger car airbag market are 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.
The passenger car airbag market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger 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 Passenger Car Airbag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger 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 Passenger 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 Passenger Car Airbag Market Size & Forecast, 2018-2028
4.5.1 Passenger Car Airbag Market Size and Y-o-Y Growth
4.5.2 Passenger Car Airbag Market Absolute $ Opportunity
Chapter 5 Global Passenger Car Airbag 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 Passenger Car Airbag Market Size Forecast by Type
5.2.1 Front Airbag
5.2.2 Front Side Airbag
5.2.3 Side Tubular or Side Curtain Airbag
5.2.4 Knee Airbag
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Passenger Car Airbag 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 Passenger Car Airbag Market Size Forecast by Applications
6.2.1 Sedan
6.2.2 SUVs
6.2.3 Pickup Trucks
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger 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 Passenger 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 Passenger Car Airbag Analysis and Forecast
9.1 Introduction
9.2 North America Passenger Car Airbag 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 Passenger Car Airbag Market Size Forecast by Type
9.6.1 Front Airbag
9.6.2 Front Side Airbag
9.6.3 Side Tubular or Side Curtain Airbag
9.6.4 Knee Airbag
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 Passenger Car Airbag Market Size Forecast by Applications
9.10.1 Sedan
9.10.2 SUVs
9.10.3 Pickup Trucks
9.10.4 Others
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 Passenger Car Airbag Analysis and Forecast
10.1 Introduction
10.2 Europe Passenger Car Airbag 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 Passenger Car Airbag Market Size Forecast by Type
10.6.1 Front Airbag
10.6.2 Front Side Airbag
10.6.3 Side Tubular or Side Curtain Airbag
10.6.4 Knee Airbag
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 Passenger Car Airbag Market Size Forecast by Applications
10.10.1 Sedan
10.10.2 SUVs
10.10.3 Pickup Trucks
10.10.4 Others
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 Passenger Car Airbag Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passenger Car Airbag 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 Passenger Car Airbag Market Size Forecast by Type
11.6.1 Front Airbag
11.6.2 Front Side Airbag
11.6.3 Side Tubular or Side Curtain Airbag
11.6.4 Knee Airbag
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 Passenger Car Airbag Market Size Forecast by Applications
11.10.1 Sedan
11.10.2 SUVs
11.10.3 Pickup Trucks
11.10.4 Others
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 Passenger Car Airbag Analysis and Forecast
12.1 Introduction
12.2 Latin America Passenger Car Airbag 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 Passenger Car Airbag Market Size Forecast by Type
12.6.1 Front Airbag
12.6.2 Front Side Airbag
12.6.3 Side Tubular or Side Curtain Airbag
12.6.4 Knee Airbag
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 Passenger Car Airbag Market Size Forecast by Applications
12.10.1 Sedan
12.10.2 SUVs
12.10.3 Pickup Trucks
12.10.4 Others
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) Passenger Car Airbag Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passenger Car Airbag 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) Passenger Car Airbag Market Size Forecast by Type
13.6.1 Front Airbag
13.6.2 Front Side Airbag
13.6.3 Side Tubular or Side Curtain Airbag
13.6.4 Knee Airbag
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) Passenger Car Airbag Market Size Forecast by Applications
13.10.1 Sedan
13.10.2 SUVs
13.10.3 Pickup Trucks
13.10.4 Others
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 Passenger Car Airbag Market: Competitive Dashboard
14.2 Global Passenger Car Airbag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autoliv
14.3.2 TRW
14.3.3 Key Safety Systems
14.3.4 Toyoda Gosei
14.3.5 Nihon Plast
14.3.6 Yanfeng Automotive Trim Systems
14.3.7 East JoyLong Motor Airbag
14.3.8 Hyundai Mobis
14.3.9 BYD
14.3.10 S&T Motiv
14.3.11 Jinheng Automotive Safety Technology
14.3.12 Changzhou Changrui
14.3.13 Jiangsu Favour
14.3.14 Taihang Changqing
14.3.15 Ashimori Industry
