Global Automotive Airbag Market Size is estimated to expand rapidly in coming years, at a CAGR of 10.5 % from 2018 to 2025. In 2017, the global market valuation was USD 8.5 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Shifting customer tendency towards improved security characteristics for vehicles, which provides frontal and roll-over security for occupants provides important development possibilities over the planned period for car airbags. The implementation of improved safety characteristics thus increasing sector volume influences increased disposable income and customer consciousness. Proliferating car manufacturing in the emerging markets will increase supply for products.
Increasing prominence of safety demands and crash tests are leading considerably to enhanced airbag absorption over the course of the research. In order to reduce traffic deaths and serious accidents, the global New Car Assessment Program (NCAP) efficiently promotes the implementation of security control technologies. Greater recognition of the security standards and characteristics of checked vehicles will push the industry. The car airbags have favorable expectations over a predicted timeframe of high demands on counter frontal effect, complete front effects and side effect trials. Government entities develop legislation and regulations for occupant safety systems mandatory.
Global Market Growth Opportunities (Revenue, Growth) By 2018-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global automotive airbag market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive airbag market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Position Insights: On the basis of position, global automotive airbag market has been segmented into frontal, side, side curtain, and knee. The automotive airbag market share in the predicted time frame is supported by side curtain airbags which provide efficient security against seat and roll-over effects. The development of market growth is driven by increasing item facilities from automobile and truck manufacturers.
By Fabric Insights: On the basis of fabric, the global automotive airbag market has been segmented into coated, non-coated. Due to the quick implementation in drivers, shoulder and shoulder airbags, coated integrated airbags will have a large CAGR business percentage. The product's absorption rates are promoted over the predictive timeframe due to increased efficiency through minimum heat transfer and consistent airbag deployment. The use of silicone-coated airbags is strongly driven by increased car safety and collision norms.
The automotive airbag market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Due to increasing car revenues in the area, Asia Pacific is dominating the business proportion. The proliferation of purchases of vehicles is increased by disposable revenue, simple financial accessibility, and regular release of fresh car designs. The sector members also invest in the area to begin fresh manufacturing plants because national car sector demands are supported. Due to compulsory airbag legislation, Europe's industry in auto airbags will see substantial development. Regional development will be supported by the increasing worry for car security and technologically advanced airbags.
Global Automotive Airbag Market Size, Share Analysis by Region 2018
Global Automotive Airbag Market Study Objective
1. To forecast the market size of automotive airbag market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of automotive airbag market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of automotive airbag market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of automotive airbag market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the automotive airbag market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Autoliv Inc., Takata Corporation, Daicel Corporation, Denso Corporation, Hyundai Mobis Co. Ltd., Toyoda Gosei Co. Ltd., ZF Friedrichshafen AG, Kolon Industries, Inc., Toray Industries, Inc., Porcher Industries SA, Nihon Plast Co. Ltd., Delphi, Wacker Chemie AG, Hyosung Co., and Toyobo Co., Ltd. are some of the key players in the market of automotive airbag.
Global Automotive Airbag Market Study Report Offer You!
The global automotive airbag market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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