Global Automotive Airbag Market Market Companies
- 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.
Recent News:
- In January 2024, Audi reports that a total of 1,001 Q7s and Q8s will have to be returned to U.S. dealers due to a faulty driver's side airbag, which was not properly installed in the seatback frame. Due to non-compliance with federal motor vehicle standards, the company warned owners of affected vehicles to return their vehicles to dealers by February 2024. November 2023: Toyoda Gosei Co., Ltd. began operations at a new factory in Guangdong province, China. , to improve the production of basic safety systems such as airbag products. The new factory was built as a subsidiary of Toyoda Gosei (Foshan) Auto Parts Co., Ltd. (TGFP) to meet the growing demand for airbags and other safety systems anticipated by the increase in auto production and the regulation of stricter security measures in China.
- In July 2023, ZF Group completed an agreement with the Wuhan Economic Development Zone (WEDZ) located in Hubei province, central China to invest in a new factory focused on manufacturing and development develop car airbags. The facility will be named ZF Wuhan (Wuhan) Automotive Safety System Co., Ltd. Once operational, the center is expected to reach a maximum annual production value of about 3 billion CNY (4,200 million USD).
- In June 2023, Autoliv unveiled new airbag technology based on Bernoulli's principle, which states that as the velocity of a fluid increases, static pressure decreases, allowing for significant integration of surrounding air in the process of inflating the airbag. Bernoulli's pioneering airbag is on display at Autoliv's investment day in Auburn Hills, Michigan, USA.