Market Overview:
The global light vehicle airbag fabrics market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for airbags in passenger vehicles and commercial vehicles. In addition, the increasing awareness about safety among consumers is also propelling the demand for airbags, which in turn is fueling the growth of the global light vehicle airbag fabrics market. The flat airbag fabric segment is expected to dominate the global light vehicle airbag fabrics market during the forecast period from 2018 to 2030. This segment accounted for a majority share of 71% in 2017 and is projected to grow at a CAGR of 5.8% during 2018-2030. The OPW segment accounted for a share of 29% in 2017 and is projected grow at a CAGR of 4%.
Product Definition:
Light Vehicle Airbag Fabrics are fabrics used in the manufacturing of airbags for light vehicles. They are typically made from polyester or nylon, and can be woven or non-woven. Light Vehicle Airbag Fabrics play an important role in the safety of light vehicles, as they help to protect passengers from serious injuries in the event of a collision.
Flat Airbag Fabric:
Flat airbag fabric is a type of synthetic textile material designed to be deployed in the event of a car accident. Flat airbag fabrics are made up of three layers, the top layer is an anti-rebounding agent or viscoelastic which helps in reducing the energy stored by draping down onto any hard surface. The middle layer acts as a medium for gas exchange and provides protection against bacteria and odor.
OPW:
OPW is Open Vehicle Wiring, it's a standard wiring harness used in light vehicles. It provides power to all the systems in an automobile and also allows for easy replacement of parts or components such as batteries. OPW was initially designed for use in heavy vehicles but has been adopted by several manufacturers over the world to be used in passenger cars and other light vehicles as well.
Application Insights:
The passenger vehicle application segment led the global market in 2017. The segment is also expected to hold the largest share by 2030 as airbags are mandatory for all new passenger cars sold in most countries. According to data published by the IIHS, out of 22 advanced economies, 18 require airbags on all new light vehicles sold and 4 have partial rollover requirements while only 1 country lacks a complete requirement; this leaves open interpretation regarding safety aspects.
Commercial vehicle applications include trucks, buses and coaches. These vehicles are usually equipped with larger interiors compared to their counterparts which makes them susceptible to injuries during accidents due these high impact speeds that can reach up to 300 km/h when an airbag deploys from inside a cabin or bus shelter owing to its velocity and forcefulness resulting in severe trauma leading towards death or permanent disability for passengers travelling inside such commercial vehicles making it one of the major application segments globally over the forecast period.
Regional Analysis:
Europe dominated the global light vehicle airbag fabrics market in terms of revenue share in 2017. The presence of stringent regulations and safety standards pertaining to road traffic injuries has resulted in high product demand. Europe is also a hub for advanced automotive technologies, which will further boost the regional market growth over the forecast period.
Asia Pacific is expected to be one of the fastest-growing regions owing to increasing disposable income levels and rising consumer awareness towards road safety issues especially after reading or hearing about it from media or friends/relatives. In addition, government initiatives such as “Make in India†initiative by Indian Government are expected to create ample opportunities for key industry participants over the next eight years thereby driving regional growth prospects positively.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Stringent safety norms by regulatory authorities across the globe
- Rising disposable income of consumers in developing countries
- Technological advancements in airbag fabrics manufacturing process
- Growing popularity of airbags as a passive safety feature in automobiles
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Vehicle Airbag Fabrics Market Research Report
By Type
Flat Airbag Fabric, OPW
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Hyosung, Toyobo, Kolon, Takata, UTT, Milliken, Dual, Porcher, Toray, Joyson, HMT
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Light Vehicle Airbag Fabrics Market Report Segments:
The global Light Vehicle Airbag Fabrics market is segmented on the basis of:
Types
Flat Airbag Fabric, OPW
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
Passenger 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:
- Hyosung
- Toyobo
- Kolon
- Takata
- UTT
- Milliken
- Dual
- Porcher
- Toray
- Joyson
- HMT
Highlights of The Light Vehicle Airbag Fabrics 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:
- Flat Airbag Fabric
- OPW
- By Application:
- Passenger 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 Light Vehicle Airbag Fabrics 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?
Light vehicle airbag fabrics are made from a variety of materials, including cotton, polyester, and nylon. They are designed to be lightweight and durable enough to withstand the forces exerted during an accident.
Some of the major players in the light vehicle airbag fabrics market are Hyosung, Toyobo, Kolon, Takata, UTT, Milliken, Dual, Porcher, Toray, Joyson, HMT.
The light vehicle airbag fabrics market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Light Vehicle Airbag Fabrics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Light Vehicle Airbag Fabrics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Light Vehicle Airbag Fabrics Market - Supply Chain
4.5. Global Light Vehicle Airbag Fabrics Market Forecast
4.5.1. Light Vehicle Airbag Fabrics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Light Vehicle Airbag Fabrics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Light Vehicle Airbag Fabrics Market Absolute $ Opportunity
5. Global Light Vehicle Airbag Fabrics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Type
5.3.1. Flat Airbag Fabric
5.3.2. OPW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Light Vehicle Airbag Fabrics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicle
6.3.2. Commercial Vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Light Vehicle Airbag Fabrics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Light Vehicle Airbag Fabrics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Light Vehicle Airbag Fabrics Demand Share Forecast, 2019-2026
9. North America Light Vehicle Airbag Fabrics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicle
9.4.2. Commercial Vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Type
9.7.1. Flat Airbag Fabric
9.7.2. OPW
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Light Vehicle Airbag Fabrics Demand Share Forecast, 2019-2026
10. Latin America Light Vehicle Airbag Fabrics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicle
10.4.2. Commercial Vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Type
10.7.1. Flat Airbag Fabric
10.7.2. OPW
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Light Vehicle Airbag Fabrics Demand Share Forecast, 2019-2026
11. Europe Light Vehicle Airbag Fabrics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicle
11.4.2. Commercial Vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Type
11.7.1. Flat Airbag Fabric
11.7.2. OPW
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Light Vehicle Airbag Fabrics Demand Share, 2019-2026
12. Asia Pacific Light Vehicle Airbag Fabrics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicle
12.4.2. Commercial Vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Type
12.7.1. Flat Airbag Fabric
12.7.2. OPW
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Light Vehicle Airbag Fabrics Demand Share, 2019-2026
13. Middle East & Africa Light Vehicle Airbag Fabrics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Light Vehicle Airbag Fabrics Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicle
13.4.2. Commercial Vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Light Vehicle Airbag Fabrics Market Size and Volume Forecast by Type
13.7.1. Flat Airbag Fabric
13.7.2. OPW
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Light Vehicle Airbag Fabrics Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Light Vehicle Airbag Fabrics Market: Market Share Analysis
14.2. Light Vehicle Airbag Fabrics Distributors and Customers
14.3. Light Vehicle Airbag Fabrics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hyosung
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Toyobo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kolon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Takata
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. UTT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Milliken
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dual
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Porcher
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Toray
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Joyson
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. HMT
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
