Market Overview:
The global safety electronic 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 commercial vehicles, and the rising awareness about safety features in vehicles. The global safety electronic airbag market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into driver front airbag, passenger front airbag, front side airbag, rear side airbag knee bag and others. The driver front bag segment accounts for a major share of the global market due to its high demand in passenger cars. On the basis of application, it is divided into private vehicle and commercial vehicle segments.
Product Definition:
A safety electronic airbag is a device that helps to protect people in a vehicle during a collision. The importance of safety electronic airbags is that they can help to reduce the severity of injuries sustained by passengers in the event of a crash.
Driver Front Airbag:
The driver front airbag is a safety device that protects the passengers in the event of a collision or sudden stop. It is designed to deploy instantly in the event of an accident, thereby providing protection to the driver as well as to passengers sitting behind him/her. The market for driver front airbags has been witnessing significant growth over recent years owing to increased sales and awareness regarding its benefits across various regions.
Passenger Front Airbag:
Passenger front airbag is a safety device that helps to protect the passengers in event of collision or sudden stop. It deploys in low speed collisions and protects the head, chest, and abdomen of the passenger. The deployment can be manually activated by a switch on steering wheel or automatically as per government regulations.
The primary function of passenger front airbag is to provide protection from serious injuries during road accidents by providing cushioning between passengers and steering wheel or instrument panel.
Application Insights:
The commercial vehicle segment led the global safety electronic airbag market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising number of buses, trucks, and other vehicles that are equipped with airbags for passenger safety. Moreover, stringent government regulations regarding road accidents and increasing awareness about driver protection are further expected to propel industry growth over the coming years.
The private vehicle segment is estimated to witness substantial growth during the study period owing to increased production of cars and light commercial vehicles in various countries including China, Japan, Germany along with major economies in North America such as Mexico & Canada due to low cost labor policies by these governments which encourages foreign companies like Ford Motor Company; General Motors Company; Toyota Motor Corporation; Honda Motor Co., Ltd.; Nissan Motors Ltd.; Mazda Japan Corporation; Mitsubishi Electric Corp.; SuzukiMotorCorp., Hyundai Auto Korea Co., Ltd.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The U.S., as a major automotive hub, has been witnessing high vehicle sales on a domestic level and across international brands. Moreover, stringent government regulations regarding road safety are expected to fuel market growth over the forecast period.
Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 owing to increasing disposable income levels and rising consumer awareness about airbags deployment in vehicles manufactured after 2012 model year (most popularly known as New Car Assessment Program or NCAP). Furthermore, growing penetration of passenger cars with airbags is anticipated to drive demand further over the coming years. In addition, improving road infrastructure coupled with low ownership rates for passenger vehicles in emerging countries such as India and China are expected favorably impact industry growth during the forecast period (2018-2030).
Growth Factors:
- Increasing demand for safety features in automobiles
- Growing awareness about the benefits of airbags
- Technological advancements in airbag systems
- Stringent government regulations for vehicle safety standards
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Safety Electronic Airbag Market Research Report
By Type
Driver Front Airbag, Passenger Front Airbag, Front Side Airbag, Rear Side Airbag, Knee Airbag, Others
By Application
Private Vehicle, Commercial Vehicle
By Companies
ZF Friedrichshafen AG, Continental, Denso Corporation, Hyundai Mobis, Autoliv, Joyson Electronic, Robert Bosch GmbH
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Safety Electronic Airbag Market Report Segments:
The global Safety Electronic Airbag market is segmented on the basis of:
Types
Driver Front Airbag, Passenger Front Airbag, Front Side Airbag, Rear Side Airbag, Knee Airbag, Others
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
Private Vehicle, Commercial Vehicle
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:
- ZF Friedrichshafen AG
- Continental
- Denso Corporation
- Hyundai Mobis
- Autoliv
- Joyson Electronic
- Robert Bosch GmbH
Highlights of The Safety Electronic 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:
- Driver Front Airbag
- Passenger Front Airbag
- Front Side Airbag
- Rear Side Airbag
- Knee Airbag
- Others
- By Application:
- Private Vehicle
- Commercial Vehicle
- 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 Safety Electronic 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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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 safety electronic airbag (SEB) is a type of airbag that uses sensors to detect objects and deploy the airbag in response. SEBs are typically used in vehicles, but they can also be found in other applications such as aircraft and homes.
Some of the major companies in the safety electronic airbag market are ZF Friedrichshafen AG, Continental, Denso Corporation, Hyundai Mobis, Autoliv, Joyson Electronic, Robert Bosch GmbH.
The safety electronic 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 Safety Electronic 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 Safety Electronic Airbag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Safety Electronic 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 Safety Electronic 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 Safety Electronic Airbag Market Size & Forecast, 2020-2028
4.5.1 Safety Electronic Airbag Market Size and Y-o-Y Growth
4.5.2 Safety Electronic 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 Driver Front Airbag
5.2.2 Passenger Front Airbag
5.2.3 Front Side Airbag
5.2.4 Rear Side Airbag
5.2.5 Knee Airbag
5.2.6 Others
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 Private Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Safety Electronic 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 Safety Electronic 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 Driver Front Airbag
9.6.2 Passenger Front Airbag
9.6.3 Front Side Airbag
9.6.4 Rear Side Airbag
9.6.5 Knee Airbag
9.6.6 Others
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 Private Vehicle
9.10.2 Commercial Vehicle
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 Driver Front Airbag
10.6.2 Passenger Front Airbag
10.6.3 Front Side Airbag
10.6.4 Rear Side Airbag
10.6.5 Knee Airbag
10.6.6 Others
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 Private Vehicle
10.10.2 Commercial Vehicle
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 Driver Front Airbag
11.6.2 Passenger Front Airbag
11.6.3 Front Side Airbag
11.6.4 Rear Side Airbag
11.6.5 Knee Airbag
11.6.6 Others
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 Private Vehicle
11.10.2 Commercial Vehicle
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 Driver Front Airbag
12.6.2 Passenger Front Airbag
12.6.3 Front Side Airbag
12.6.4 Rear Side Airbag
12.6.5 Knee Airbag
12.6.6 Others
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 Private Vehicle
12.10.2 Commercial Vehicle
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 Driver Front Airbag
13.6.2 Passenger Front Airbag
13.6.3 Front Side Airbag
13.6.4 Rear Side Airbag
13.6.5 Knee Airbag
13.6.6 Others
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 Private Vehicle
13.10.2 Commercial Vehicle
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 Safety Electronic Airbag Market: Competitive Dashboard
14.2 Global Safety Electronic Airbag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZF Friedrichshafen AG
14.3.2 Continental
14.3.3 Denso Corporation
14.3.4 Hyundai Mobis
14.3.5 Autoliv
14.3.6 Joyson Electronic
14.3.7 Robert Bosch GmbH
