Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Automotive Airbag Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Automotive Airbag Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Automotive
Airbag Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Automotive Airbag Market is offered. In accordance with the report, the global
Automotive Airbag Market is projected to
expand at a CAGR of 5.3% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Passive safety system is the collection of
safety system in the cars. It shields the passengers and the drivers from the
accidents. Though the active safety systems experiencing significant innovation
with dynamic growth curves, passive safety systems still have an important role
to play. The active safety system prevents accidents and incidents whereas the
passive safety system plays the role of limiting the negative consequences in
collisions. Airbags is one of the parts in passive safety system. Airbags are
widely used and legislated safety system in automobile industry. Airbags are
large inflatable rubber bags filled with air or gas that activate in case of
collisions to prevent head and chest. As per the analysis of Data Insights Partner the global passive safety system market is expected to reach by
USD XX billion by 2027. The airbag safety system is a saturated market and will
witness minor changes during the forecasted period. The OEM’s and suppliers are
focusing on developing and emerging markets in the countries like India, China,
Japan and others. The safety system like seatbelts and airbags holds the major
market share in terms of revenue due to the mandatory legislations in some
major countries like North America, Europe among others. The innovation and
development of airbag is mainly focused on protecting the vulnerable road users
as the motorist and pedestrian make up the majority of traffic casualties.
During the forecasted period there would be technological improvements with the
emergence of smart airbag system which offers advanced protection system in all
types of seats. The growth of the airbags system is mainly driven on focusing
the consumer safety and also with the rise of regulations in some major
countries. However, with the rise of cost of raw materials, exchange rate
fluctuations and price competition and functional and operational issues are
posing the challenge for the growth of airbag safety system. Airbags on two
wheelers provides tremendous opportunity. Given the strict automobile safety
regulation in the developed countries like the Japan, Western European
countries, and United States, front impact airbag represent a maturing
technology with mostly 100% market dispersion. The global shipping volume of
front airbag is expected to reach higher during the forecasted period followed
by side airbag, curtain airbag and knee airbag. North America and Europe is
likely to have the largest market in terms of revenue part due to some
mandatory legislation, at the same time emerging economies in Asia Pacific
(APAC) where countries include India, China, Australia among others will also
witness a high growth rate. China & India have been generating considerable
demand for the new cars in recent times; will continue to be the key drivers in
for airbag market in Asia Pacific. In addition with that economic prosperity
and rising employment levels also drives the growth in automotive production.
In Middle East and Africa in countries like Saudi Arabia, United Arab Emirates
(UAE), and others are showing substantial growth and is expected to be a key
market in near future.
Segment Covered:
This market
intelligence report on the global Automotive Airbag market encompasses market segments based on product type, coating type, yarn type, vehicle type, sales channel
and geography.
In terms of Product Type, the Automotive
Airbag market is segregated
into:
·
Driver Airbag
·
Passenger Airbag
·
Side Airbag
·
Curtain Airbag
·
Knee Airbag
·
Others
By Coating Type, the global Automotive Airbag market is also classified into:
·
Coated
o Neoprene coated
o Silicon Coated
·
Non-Coated
By Yarn Type, the global Automotive Airbag
market is also classified into:
·
Nylon
·
Polyester
By Vehicle Type, the global Automotive Airbag
market is also classified into:
·
Passenger Cars
o Compact
o Mid-Sized
o Premium
o Luxury
·
CV/LCV
·
HCV
·
Others
By Sales Channel, the global Automotive
Airbag market is also classified into:
·
OEM
·
Aftermarket
By country/region,
the global Automotive Airbag market has been
divided into:
·
North America
(the U.S., Canada),
·
South America
(Brazil, Mexico, Argentina and other countries),
·
Europe (Germany,
France, the U.K., Spain, Italy, Russia, and other countries),
·
Asia Pacific
(India, Japan, China, Australia and New Zealand and other countries),
·
Middle East and
Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies operating in the global market includes:
·
Rockwell Collins
·
EFW
·
The Gill Corp.
·
Avcorp
Industries
·
Triumph Group
·
Zodiac Aerospace
·
Nordam Group
·
EnCore Group
·
Aim Altitude
·
EURO-Composites
·
Advanced Custom
Manufacturing
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Automotive Airbag related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the growth
of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Automotive
Airbag Market, size of the
market (US$ Mn and Units), and Compound Annual Growth Rate (CAGR (%)) for the
period of forecast: 2019 – 2027, taking into account 2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Automotive Airbag Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview.
Moreover, leading market players covered this report.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Automotive Airbag caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Automotive
Airbag Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Automotive Airbag Market
v
Identification
of key factors driving investment opportunities in the Automotive
Airbag Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants