Market Overview:
The global supplemental restraint system (SRS) market is expected to grow at a CAGR of 5.5% 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 rising awareness about safety features among consumers. The global SRS market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into driver front airbags, passenger front airbags, front seat-mounted airbags, curtain side-impact airbags, and pretensioners on seatbelts. Of these segments, driver front airbag is expected to account for a major share of the global SRS market during the forecast period owing to its high demand in passenger cars as well as commercial vehicles. Passenger car applications are expected to account for a major share of the global SRS market during 2018–2030 due to increasing consumer preference for such cars across regions. Curtain side-impact airbag systems are also witnessing high demand due to their ability protect passengers from head injuries in case of accidents or collisions sideways or from behind.
 Industry Outlook.svg)
Product Definition:
The Supplemental Restraint System (SRS) is an electronic system that helps to protect the occupants of a vehicle in the event of a collision. The SRS includes airbags, which are designed to inflate rapidly and help to cushion the impact for the driver and passengers. The SRS also includes seatbelts, which are designed to keep passengers inside the vehicle during a collision.
Driver and Passenger Front Airbags:
Passenger front airbags are designed to protect the passengers sitting in front of the steering wheel, dashboard or seat. The driver's side airbag is used to protect the driver and is usually found on premium vehicles.
Front Seat-Mounted Airbags:
The front seat-mounted airbags are a set of protective bags that are mounted in the front seats of vehicles. They help protect the driver and passenger from head, neck, and spinal injuries in event of a collision or crash. The Federal Motor Vehicle Safety Standards (FMVSS) define the performance requirements for these airbags along with testing methods for evaluating their effectiveness.
Application Insights:
The commercial vehicles segment held the largest share of over 70.0% in 2017. The growth can be attributed to the increasing number of office jobs and construction activities in developing countries such as India, China and Brazil which are majorly driving the demand for passenger cars. Moreover, stringent government regulations regarding safety for drivers and passengers are also boosting the market growth across regions.
For instance, in March 2018, France has announced to ban under-pressure sales of new cars by 2040 as part of efforts to reduce traffic deaths by 50% by 2030 from their current level. This is expected to further boost industry expansion over the forecast period (2018 - 2030). In addition, a rise in disposable income among middle-class population will also play a key role in augmenting market penetration across various regions including North America and Europe during this period (2030 - 2030).
Regional Analysis:
North America dominated the global market in 2017. The presence of stringent government regulations and growing automotive industry are expected to drive the regional growth over the forecast period. Europe is also estimated to witness a significant share owing to its well-established automotive sector, which has been making steady progress towards implementing innovative safety technologies across various models. Asia Pacific is projected to be one of the fastest-growing regions during the forecast period due to increasing disposable income and rising vehicle production in emerging countries such as India, China, Indonesia, South Korea & Japan. Moreover, improving road infrastructure will further boost sales volume in this region over next eight years.
The key players operating in this market include Autoliv Inc.; Beyongbao Group; Delphi Automotive PLC; SABA Batteries N V Ltd.; Johnson Controls Limited; Bosch GmbH; Continental AG; ZF Friedrichshafen AG & Co., KGaA.
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 SRS among consumers
- Technological advancements in SRS systems
- Growing demand for luxury and premium cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Supplemental Restraint System (SRS) Market Research Report
By Type
Driver and Passenger Front Airbags, Front Seat-Mounted Airbags, Curtain Side-Impact Airbags, Pretensioners on the Seatbelts
By Application
Commercial Cars, Passenger Cars
By Companies
Takata, ZF TRW, Autoliv, Denso, Volvo, Key Safety Systems, Ford, Toyoda-Gosei, Honda, Hyundai Mobis, Nihon Plast, Ashimori, East Joy Long
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Supplemental Restraint System (SRS) Market Report Segments:
The global Supplemental Restraint System (SRS) market is segmented on the basis of:
Types
Driver and Passenger Front Airbags, Front Seat-Mounted Airbags, Curtain Side-Impact Airbags, Pretensioners on the Seatbelts
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
Commercial Cars, Passenger Cars
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:
- Takata
- ZF TRW
- Autoliv
- Denso
- Volvo
- Key Safety Systems
- Ford
- Toyoda-Gosei
- Honda
- Hyundai Mobis
- Nihon Plast
- Ashimori
- East Joy Long
 Market Overview.svg)
Highlights of The Supplemental Restraint System (SRS) 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 and Passenger Front Airbags
- Front Seat-Mounted Airbags
- Curtain Side-Impact Airbags
- Pretensioners on the Seatbelts
- By Application:
- Commercial Cars
- Passenger Cars
- 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 Supplemental Restraint System (SRS) 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
 Market Statistics.svg)
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?
Supplemental Restraint System (SRS) is a type of restraint system that is used in addition to traditional restraints. It consists of straps and buckles that are placed around the wrists and ankles, and it can be used to secure a person in place.
Some of the major companies in the supplemental restraint system (srs) market are Takata, ZF TRW, Autoliv, Denso, Volvo, Key Safety Systems, Ford, Toyoda-Gosei, Honda, Hyundai Mobis, Nihon Plast, Ashimori, East Joy Long.
The supplemental restraint system (srs) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Supplemental Restraint System (SRS) 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. Supplemental Restraint System (SRS) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Supplemental Restraint System (SRS) Market - Supply Chain
4.5. Global Supplemental Restraint System (SRS) Market Forecast
4.5.1. Supplemental Restraint System (SRS) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Supplemental Restraint System (SRS) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Supplemental Restraint System (SRS) Market Absolute $ Opportunity
5. Global Supplemental Restraint System (SRS) 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. Supplemental Restraint System (SRS) Market Size and Volume Forecast by Type
5.3.1. Driver and Passenger Front Airbags
5.3.2. Front Seat-Mounted Airbags
5.3.3. Curtain Side-Impact Airbags
5.3.4. Pretensioners on the Seatbelts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Supplemental Restraint System (SRS) 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. Supplemental Restraint System (SRS) Market Size and Volume Forecast by Application
6.3.1. Commercial Cars
6.3.2. Passenger Cars
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Supplemental Restraint System (SRS) 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. Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) 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. Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) Demand Share Forecast, 2019-2026
9. North America Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) Market Size and Volume Forecast by Application
9.4.1. Commercial Cars
9.4.2. Passenger Cars
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Supplemental Restraint System (SRS) Market Size and Volume Forecast by Type
9.7.1. Driver and Passenger Front Airbags
9.7.2. Front Seat-Mounted Airbags
9.7.3. Curtain Side-Impact Airbags
9.7.4. Pretensioners on the Seatbelts
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 Supplemental Restraint System (SRS) Demand Share Forecast, 2019-2026
10. Latin America Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) Market Size and Volume Forecast by Application
10.4.1. Commercial Cars
10.4.2. Passenger Cars
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Supplemental Restraint System (SRS) Market Size and Volume Forecast by Type
10.7.1. Driver and Passenger Front Airbags
10.7.2. Front Seat-Mounted Airbags
10.7.3. Curtain Side-Impact Airbags
10.7.4. Pretensioners on the Seatbelts
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 Supplemental Restraint System (SRS) Demand Share Forecast, 2019-2026
11. Europe Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) Market Size and Volume Forecast by Application
11.4.1. Commercial Cars
11.4.2. Passenger Cars
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Supplemental Restraint System (SRS) Market Size and Volume Forecast by Type
11.7.1. Driver and Passenger Front Airags
11.7.2. Front Seat-Mounted Airbags
11.7.3. Curtain Side-Impact Airbags
11.7.4. Pretensioners on the Seatbelts
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 Supplemental Restraint System (SRS) Demand Share, 2019-2026
12. Asia Pacific Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) Market Size and Volume Forecast by Application
12.4.1. Commercial Cars
12.4.2. Passenger Cars
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Supplemental Restraint System (SRS) Market Size and Volume Forecast by Type
12.7.1. Driver and Passenger Front Airbags
12.7.2. Front Seat-Mounted Airbags
12.7.3. Curtain Side-Impact Airbags
12.7.4. Pretensioners on the Seatbelts
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 Supplemental Restraint System (SRS) Demand Share, 2019-2026
13. Middle East & Africa Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) 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 Supplemental Restraint System (SRS) Market Size and Volume Forecast by Application
13.4.1. Commercial Cars
13.4.2. Passenger Cars
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Supplemental Restraint System (SRS) Market Size and Volume Forecast by Type
13.7.1. Driver and Passenger Front Airbags
13.7.2. Front Seat-Mounted Airbags
13.7.3. Curtain Side-Impact Airbags
13.7.4. Pretensioners on the Seatbelts
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 Supplemental Restraint System (SRS) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Supplemental Restraint System (SRS) Market: Market Share Analysis
14.2. Supplemental Restraint System (SRS) Distributors and Customers
14.3. Supplemental Restraint System (SRS) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Takata
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ZF TRW
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Autoliv
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Denso
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Volvo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Key Safety Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ford
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toyoda-Gosei
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Honda
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hyundai Mobis
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nihon Plast
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ashimori
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. East Joy Long
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
