Frontal automotive airbag market will witness strong growth during the study timeframe owing to its deployment as a standard feature in majority of the vehicles.
— Europe holds significant share in the automotive airbag market owing to presence of major automobile manufacturers including BMW, Fiat, Ford, Daimler and DAF Trucks. Asia Pacific will witness strong growth with emergence of regulations mandating safety systems for vehicle occupants.
North America will showcase significant growth during the forecast period owing to higher concentration of vehicle manufacturers including General Motors, Fiat, and Ford. The automotive airbag market is rising due to higher adoption of airbags and technological advancements. Also, the supportive U.S. government regulations encouraging the implementation of airbags for passenger’s safety is driving the business growth.
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The coated segment of automotive airbag market will experience high growth owing to improved air inflating function. Airbags coated with chemical such as silicon offer high strength to the product thereby enhancing industry penetration. The high amount of heat is produced when the metal canister inside the airbag explodes. The silicon coating prevents the damaging of airbag due to high temperature during the explosion.
Frontal automotive airbag market size will witness strong growth over the study timeframe owing to its deployment as a standard feature in majority of the vehicles. Driver and front seat passengers have high chances of getting hurt in case of any crash or accident. Development of innovative products with electronic control unit (ECU) to enhance product efficiency will drive the segment penetration. The sensors gather information and transfer signal to the system for its deployment.
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OEM leads the automotive airbag market size owing to airbag deployment to enhance passenger safety. Vehicle manufacturers are deploying systems to ensure crashworthiness. In October 2018, Volkswagen launched Vento model with side air bags to attract more consumers. Aftermarket is at nascent stage and will witness significant growth with increasing vehicle crashes and accidents.
Passenger vehicle segment is dominating owing to the increasing customers preferences towards the safety features. The customer makes buying decision-based on safety features such as the number of airbags provided in a car for front and rear passenger. The manufacturers are also providing the side airbags and knee airbags in passenger vehicles to improve the safety features along with frontal airbags.
Browse key industry insights spread across 250 pages with 521 market data tables & 10 figures & charts from the report, “Automotive Airbag Market Size By Position (Frontal, Side, Side Curtain, Knee), By Fabric (Coated, Non-Coated), By Vehicle (Passenger Vehicles, Commercial Vehicles), By Distribution Channel (OEM, Aftermarket), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, Netherlands, China, India, Japan, Australia, South Korea, Thailand, Indonesia, Brazil, Mexico, Argentina, Chile, UAE, Saudi Arabia, South Africa, Iran), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
Table of Contents (ToC) of the report:
Chapter 3. Automotive Airbag Market Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2025
3.3. Industry ecosystem analysis
3.3.1. Component Suppliers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.4. Technology Landscape
3.5. Regulatory landscape
3.5.1. North America
3.5.3. Asia Pacific
3.5.4. Latin America
3.6. Pricing analysis
3.6.1. By region
184.108.40.206. North America
220.127.116.11. Asia Pacific
18.104.22.168. Latin America
3.6.2. Cost structure analysis
3.7. Industry impact forces
3.7.1. Growth drivers, by region
22.214.171.124. North America
126.96.36.199. Asia Pacific
188.8.131.52. Latin America
3.7.2. Industry pitfalls & challenges
3.8. Innovation & sustainability
3.9. Growth potential analysis, 2018
3.10. Porter's analysis
3.11. Competitive landscape, 2018
3.11.1. Top players overview
3.11.2. Key stakeholders
3.11.3. Strategy dashboard
3.12. PESTEL analysis
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/automotive-airbags-market
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