Automotive Airbags Market Research Reports To 2025 - PowerPoint PPT Presentation

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Automotive Airbags Market Research Reports To 2025

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Title: Automotive Airbags Market Research Reports To 2025


1
Automotive Airbags Market Trends 2019 Forecast
To 2025
2
Key Insights from Automotive Airbags Market
  • 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.
  • Coated segment leads the market share with its
    use for majority of vehicle positions. Coating
    ensures smooth deployment and allows to deflate
    after reaching peak inflation pressure. Moreover,
    the coating controls fabric permeability,
    prevents from hot inflator gases and pinholes
    from hot particulates. Non-coated segment will
    witness steady growth over the study timeframe
    with its deployment for front passenger seat.
  • Commercial vehicles hold significant share in the
    automotive airbag market owing to high number of
    crashes involving heavy-duty vehicles. Commercial
    vehicle manufacturers are deploying systems to
    enhance vehicle safety thereby driving segment
    growth.

3
Continued
Increasing product recalls and inefficient safety
system will limit the market growth. In January
2019, Ford recalled around 149,650 vehicles
fitted with Takata airbag. The faulty products
exploded and shot shrapnel towards vehicle
occupants. Further, deployment of counterfeit
airbags in vehicles will hinder product demand.
However, rising vehicle tests will positively
influence the industry proliferation in next six
years. OEM leads the 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.
4
Asia Pacific Automotive Airbag Market Size, By
Country, 2025, (USD Million)
5

Latest Research Report On Automotive Airbags
Market _at_ https//www.gminsights.com/industry-analy
sis/automotive-airbags-market Request for a
sample of this research report _at_ https//www.gmins
ights.com/request-sample/detail/3283

6
Regional Insights in Automotive Airbags Market
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. In October 2017, Government of India
instructed the vehicle manufacturers to
incorporate frontal airbags. Such initiatives
will drive product demand in next six years.

7
Major Companies in Automotive Airbags Market
  • Autoliv
  • Takata
  • ZF TRW
  • Continental
  • Toyoda Gosei
  • KSS
  • Nihon Plast
  • Robert Bosch GmbH,
  • Denso Corporation

8
Industry Coverage

9
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