Global Automotive Airbag Market By Overview
Automotive airbag is one of the automotive safety devices consist of flexible fabric cushion, flexible fabric bag, inflation module, and impact sensor designed to inflate when a vehicle collides while driving. Primary function of automotive airbag is to protect the passengers during a vehicle crash and to cushion their body from striking the steering wheel, dashboard, or window. Automotive may contain multiple airbag modules in different configurations such as passenger, driver, passenger, side curtain, seat-mounted side impact, knee bolster, inflatable seat-belt, front right and left side sensors, and pedestrian airbag modules. It should be fitted by the manufacturers; no airbags and ABS cannot be installed from outside. In many vehicles, the airbags will still deploy whether or not an occupant is fastened by a safety belt. In case of crash, the driver, without the seat belt, will hit the steering, dash board or windscreen almost instantly. The automotive airbag market accounted for US$ 10.5 billion in 2020 and is estimated to be US$ 24.55 billion by 2030 and is anticipated to register a CAGR of 9.0%.
Global Automotive Airbag Market By Dynamics
Rising number of accidents
Rising number of road accidents and increasing safety concerns are major factors to propelling growth of the global automotive airbag marker. According to data published by World Health Organization, in 2018, around 1.3 million road accidents occur every year over the globe. Therefore, governments of different countries are implementing strict standards and regulations for safety purpose and in order to reduce casualty and reduce injuries due to accidents by compulsory installation of airbags in vehicles. In addition, availability of pre-fitted airbag safety systems in some luxury and premium vehicles is another factor propelling growth of the global market.
However, airbags inflate only once and becomes ineffective to protect passengers from further impact and these are relatively expensive are some factors expected to restrain growth of the automotive airbag marker. Growing demand for electric vehicles and rising demand for pedestrian protection airbags are some major factors to create lucrative opportunity for the players operated in automotive airbag marker.
Global Automotive Airbag Market By Segmentation
The automotive airbag market is segmented based on product type, vehicle type, sales channel, and region.
On the basis of product type, the automotive airbag market is segmented into front airbag, knee airbag, side airbag, curtain airbag, and pedestrian airbag. On the basis of vehicle type, the global market is segmented into passenger car and commercial vehicle. On the basis of sales channel, the global market is segmented into OEM and aftermarket.
Regional Insights:
The automotive airbag market accounted for US$ 10.5 billion in 2020 and is estimated to be US$ 24.55 billion by 2030 and is anticipated to register a CAGR of 9.0%. On region the automotive airbag market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to account for major revenue share in automotive airbag market, in 2018, followed by markets in another region. This is attributed to presence of well-established automotive industries in the country in the region. Implementation of stringent regulation by governments for passenger safety, particularly in U.S. is some major factors expected to support growth of the North America market over the forecast period. Asia Pacific automotive airbag market accounted for second-highest market share in the global market followed by Europe.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
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Market Segmentation |
By Product Type- Front Airbag, Knee Airbag, Side Airbag, Curtain Airbag, and Pedestrian Airbag By Vehicle Type– OEM and Aftermarket By Sales Channel– Passenger Car, and Commercial Vehicle |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the automotive airbag market report based on product type, vehicle type, sales channel and region.
Automotive Airbag Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Automotive Airbag Market By Key Players
The key players operating in the automotive airbag market includes Autoliv Inc., Takata Corporation, DENSO CORPORATION, Robert Bosch GmbH, Daicel Corporation, TOYODA GOSEI Co., Porcher Industries SA, ZF Friedrichshafen AG, Continental AG, Key Safety Systems, Inc., and Hyundai Mobis Co., Ltd.
Hyundai Mobis Co. Ltd:
One of the leading companies in the automobile sector. There main aim is to provide customer with safety and give them luxurious feeling.
Global Automotive Airbag Market By Company Profile
- Autoliv Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Takata Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DENSO CORPORATION
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Robert Bosch GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Daicel Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- TOYODA GOSEI Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Porcher Industries SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ZF Friedrichshafen AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Continental AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Key Safety Systems, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hyundai Mobis Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
Business Strategies
Global Automotive Airbag Market By Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Vehicle Type
- Market Snippet, By Sales Channel
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Market Segmentation, By Product Type, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 — 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Front Airbag
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Knee Airbag
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Side Airbag
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Curtain Airbag
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Pedestrian Airbag
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, Vehicle Type, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 — 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- OEM
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Aftermarket
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, Sales Chanel, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 — 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Passenger Car
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Commercial Vehicle
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 — 2030
- Regional Trends
- Y-o-Y Growth Analysis (%), 2020 – 2030
- North America
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Sales Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Sales Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Sales Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Sales Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Sales Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Sales Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- South Africa
- Central Africa
- North Africa
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 — 2030
- Overview
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Autoliv Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Takata Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- DENSO CORPORATION
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Robert Bosch GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Daicel Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- TOYODA GOSEI Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Porcher Industries SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- ZF Friedrichshafen AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Continental AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Key Safety Systems, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Hyundai Mobis Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Autoliv Inc.
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
Global Automotive Airbag Market By Highlights
FAQs
The Automotive Airbag market is segmented into basis of product type, vehicle type, sales channel, and region.
Rising number of road accidents and increasing safety concerns among the individuals across the globe are major driving growth factor for the automotive airbag market.
By region, North America automotive airbag market accounted for major revenue share of the automotive airbag market and is further anticipated to maintain its dominance over the forecast period.
The Key players operating in the Automotive Airbag market include Autoliv Inc., Takata Corporation, DENSO CORPORATION, Robert Bosch GmbH, Daicel Corporation, TOYODA GOSEI Co., Porcher Industries SA, ZF Friedrichshafen AG, Continental AG, Key Safety Systems, Inc., and Hyundai Mobis Co., Ltd.