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Airbag Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Autoliv, Joyson Safety Systems, ZF-TRW, Toyota Gosei,

24 Feb, 2022 | 130 Pages
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Registering a CAGR of 1.9% over the forecast period of 2022-2027, the global Airbag market size is anticipated to reach the market value of US$ 13742 million in the year 2027 from US$ 12071 million in the year 2021.



Airbag Market Overview



An airbag is a type of vehicle safety device designed to sharply inflate during a collision and deflate after the accident. The efficiency of these airbags to decrease the impact of crashes is boosted due to ongoing and innovative advancements in airbag technology. Competitive advantages of airbags over other passive safety components are also designated in the report. To understand the market behavior, drivers, restraints, and opportunities are described. Further, the key strategies adopted by potential market leaders to facilitate effective planning are discussed under the scope of this report.



Airbags are used in vehicles to reduce the impact of accidents, collisions, or crashes. Consumers acquiring a new vehicle are concerned and aware of vehicle safety, which is anticipated to boost the demand for airbags. The important impacting factors in the airbag market include an increase in consumer awareness toward vehicle safety features, growth in the automobile sector, and competition among car manufacturers. 



Industry News and Development



18 Nov 2019: Autoliv develops front-centre airbag to prevent passengers from colliding-- 

Autoliv Inc, the global vehicle safety systems leader, today announced the development of a new front centre airbag  designed to save lives in side-impact crash situations. The airbag will be showcased at Autoliv's Capital Markets Day held on November 19 at its technical center in Ogden, Utah.



July 28, 2021: Toyoda Gosei Develops Driver-side Airbag With New Structure That Improves Driver Safety-- 

Toyoda Gosei Co., Ltd. has developed a driver-side airbag with a new structure that can more safely protect the occupant. This airbag is used on the new Honda Civic that was launched in North America in June 2021. Loaded in the center of the steering wheel, driver-side airbags inflate during frontal collisions to mitigate the impact on the driver’s head and chest. In order to more safely protect the occupant during angled frontal collisions, the new airbag uses an innovative donut-shaped structure to cradle and hold the head to reduce rotation. 



What are the major Applications, Types and Regions for Airbag Market?



Airbag Market is segmented based on the Type, Applications and Regions.



By Type, it is segmented into




  • Frontal Airbags

  • Side Airbags

  • Curtain Airbags

  • Knee Airbags

  • Others



By Applications, it is segmented into




  • Sedan

  • SUV

  • Pickup Truck

  • Others



Airbag Market Regional Analysis



North America is expected as the fastest growing market closely followed by Asia. This may be mostly attributed to the various safety guidelines taken by the government agencies like National Highway Traffic Safety Administration (NHTSA). The Asia Pacific is still in the emerging stage and the regional growth is anticipated to manifold due to reasons like a hike in vehicle sales and demand for safer vehicles. Expediently available raw materials and cheap labor in China tend to increase the production level in the region, making it Asia’s largest manufacturer of airbags.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





What is our Airbag Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 1.9% over the forecast period (2022-2027)



By Type




  • Frontal Airbags

  • Side Airbags

  • Curtain Airbags

  • Knee Airbags

  • Others



By Application




  • Sedan

  • SUV

  • Pickup Truck

  • Others



By Companies



Autoliv, Joyson Safety Systems, ZF-TRW, Toyota Gosei, Hyundai Mobis, Nihon Plast, Ashimori, Jin Heng



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



130



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Airbag Report




  • Evaluate Airbag market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Airbag market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



Frequently Asked Questions



What is the growth rate of Airbag Market?



The Airbag Market is growing at a CAGR of 1.9% over the next 5 years.



Who are the key players in Airbag Market?



Autoliv, Joyson Safety Systems, ZF-TRW, Toyota Gosei, Hyundai Mobis, Nihon Plast, Ashimori, Jin Heng



What are the significant types of Airbag Market?



Frontal Airbags, Side Airbags, Curtain Airbags, Knee Airbags, Others



What are the major end-use applications of Airbag Market?



Sedan, SUV, Pickup Truck, Others



On the basis of type, Which segment is likely to hold the major share in the Airbag Market?



Frontal Airbags segment to hold the largest share in Airbag market



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL AIRBAG MARKET BY APPLICATIONS

    3. GLOBAL AIRBAG MARKET BY TYPES



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR AIRBAG



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. AIRBAG GROWTH

      2. APPLICATION OF AIRBAG



    4. IMPACT OF COVID 19



  5. GLOBAL AIRBAG MARKET, BY APPLICATION

    1. INTRODUCTION

    2. FRONTAL AIRBAGS

    3. SIDE AIRBAGS

    4. CURTAIN AIRBAGS

    5. KNEE AIRBAGS

    6. OTHERS



  6. GLOBAL AIRBAG MARKET, BY TYPES

    1. INTRODUCTION

    2. SEDAN

    3. SUV

    4. PICKUP TRUCK

    5. OTHERS



  7. GLOBAL AIRBAG MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1.     Autoliv

      2.     Joyson Safety Systems

      3.     ZF-TRW

      4.     Toyota Gosei

      5.     Hyundai Mobis

      6.     Nihon Plast

      7.     Ashimori

      8.     Jin Heng





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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