Airbag Market

Airbag Market Research and Analysis, 2015-2022
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: OMR2017141 | Category : Automotive and Transportation | Delivery Format: /

The global airbag market size was estimated to USD 9,896 million in 2018 and anticipated to witness an impressive growth rate with a CAGR of 7.3% during the forecast period. The pivotal factors contributing in the growth of Air Bag Market includes rising road accident, increased awareness of safety, introduction of new technology, increase in purchasing power of customer and government regulations. Approximately, 72 million cars were sold globally in 2016   & in US and Europe all cars have airbag as safety equipment. & in China & Japan more than 70% vehicle have airbag as safety equipment.

Updated version (2019-2025) of the report is available @ https://www.omrglobal.com/industry-reports/airbag-market-size

Increasing awareness toward road safety and growth in automobile market are major drivers for the global airbag market. Enhancing R&D efforts and growth of luxury car market are also contributing to the growth of airbag market. The airbag market depends on the production of the automobile especially on luxurious car market. According to OICA in 2016, around 72.1 million cars were manufactured globally which was increased by 6.5% from 2014.  Introduction of airbag in 2-wheelers, increased safety features in airbag as compare to older one are the major are anticipated to further drive the global airbag market. Takata Bankruptcy is also the one major topic taken insight at the time of market research. The increase in the cost of vehicle, replacement cost, high exit barrier for company is anticipated to hamper the growth of the global airbag market.

Increasing awareness toward road safety and growth in automobile market are major drivers for the global airbag market. The airbag market depends upon the production of the automobile especially on luxurious car market. According to OICA in 2016, around 72.1 million cars were manufactured globally which was 6.5% more than 2014. Enhancing R&D efforts to increase safety features in airbag as compare to older one, growth of luxury car market, introduction of the airbag in new segments (2-wheeler, helmet) are also seen as the opportunities for airbag market.  The increase in the cost of vehicle, replacement cost, and high exit barrier for company is anticipated to hamper the growth of the global airbag market. In June17 Takata Corp. had to file bankruptcy because of the recall of more than 100 million airbag worldwide. As Takata Corp. is among top 3 manufacturer of the airbag globally therefore this event was also taken into consideration during market research.

Geographical insights

The global Airbag market can be geographically segregated into Europe, North America, Asia Pacific and Rest of the World. In current scenario, APAC dominates the global air bag market in terms of revenue. Main countries contributing in the vehicle market are China; Japan, India, South Korea & Thailand.
Also the APAC region is expected to be the fastest growing region mainly because of the China’s automotive industry. At present China is the leading exporter of the vehicle in the world and shares about 33% of the total global production. China produces 24.4 million cars in 2016 only which was 22.6% (19 million in 2014) more than 2014. China is further expected to be the biggest exporter as the manufacturing cost is low and most of the big automotive players increasing their investment in the in the country. Key drivers for China automotive market is its vast population, reduction in purchase tax on automobile in 2015 and available vast range of variants. Apart from China; Japan and India are also big markets for airbag. Car market of India and Japan combinedly manufactured 11.4 cars in 2016 which is about 15% of the global market.

Europe & North America will also contribute significantly after APAC region in airbag market. Strict safety norms, high purchasing power, developed economy and awareness toward the safety are the key drivers for the regional market. In Europe about 17 million (20% of global market) cars were manufactured in 2016 in Europe. Germany, Spain, France & UK are the key markets. In North America, U.S. and Canada are the major market which manufactured 4.7 million cars in 2016.  Moreover, extensive research activities are being conducted within the region which is anticipated to be a vital growth factor during the forecasted period.
The report includes detailed market overview, market determinants, company profiling, sector analysis, market segmentation, geographical analysis, patent analysis, strategic recommendations, key company analysis, key findings, market estimations, market insights, analyst insights and predictive analysis of the market.

Competitive insights

Key players of the airbag market include Swedish company Autoliv, Japanese company Takata, German company ZF-TRW and Japan’s Daicel.  The market players are adopting the strategy of tie-ups with universities and research institutes that work on safety technologies. In June 2017, Takata Corp. a big player in air bag industry has announced the bankruptcy because of the fault in more than 100 million airbags all over the world including 69 million in U.S. This incident will be a major impact on all corporates for their future expansion and growth plans.

Market Segments
1. Airbag by Type
1.1.1. Front Airbag
1.1.2. Side Airbag
1.1.3. Curtain Airbag
1.1.4. Kneel Airbag
1.1.5. Rear Airbag

2. Vehicle Segment
2.1. Passenger Cars
2.1.1. Hatchback
2.1.2. Sedan
2.1.3. SUV
2.2. Sports Car
2.3. Commercial Vehicle
2.3.1. LCV & MCV
2.3.2. Buses
2.3.3. Trucks

The Report covers

  • Comprehensive research methodology of global airbag market.
  • This report also includes detailed and extensive market overview with key analyst insights.
  • Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global airbag market.
  • Insights about market determinants which are stimulating the global airbag market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

1. REPORT SUMMARY

1. RESEARCH METHODS AND TOOLS

1.2. MARKET BREAKDOWN

1.2.1. BY SEGMENTS

1.2.2. BY GEOGRAPHY

1.2.3. BY STAKEHOLDERS

2. MARKET OVERVIEW AND INSIGHTS

2.1. DEFINITION

2.2. ANALYST INSIGHT&CURRENT MARKET TRENDS

2.2.1. KEY FINDINGS

2.2.2. RECOMMENDATION

2.2.3. CONCLUSION

2.3. REGULATIONS

2.3.1. UNITED STATES

2.3.2. EUROPEAN UNION

2.3.3. CHINA

2.3.4. INDIA

2.3.5. REST OF THE WORLD

3. MARKET DETERMINANT

3.1.1. MOTIVATORS

3.1.1.1. INCREASING AWARENESS IN VEHICLE SAFETY IS DRIVING THE MARKET

3.1.1.2. RISE IN NUMBER OF ROAD ACCIDENTS

3.1.1.3. ADVANCEMENT IN AIRBAG TECHNOLOGY

3.1.1.4. INCREASE IN SALE OF LUXURY CARS GLOBALLY

3.1.1.5. GOVERNMENT REGULATIONS

3.1.2. RESTRAINTS

3.1.2.1. INCREASE IN COST OF VEHICLE

3.1.2.2. REPLACEMENT COST OF AIRBAG

3.1.2.3. HIGH EXIT BARRIER

3.1.3. OPPORTUNITIES

4. MARKET SEGMENTATION

4.1.AIRBAG BY TYPE

4.1.1. FRONT AIRBAG

4.1.2. SIDE AIRBAG

4.1.3. CURTAIN AIRBAG

4.1.4. KNEEL AIRBAG

4.1.5. REAR AIRBAG

4.2.VEHICLE SEGMENT

4.1.1. PASSEGER CARS

4.1.1.1. HATCHBACK

4.1.1.2. SEDAN

4.1.1.3. SUV

4.1.2. SPORTS CAR

4.1.3. COMMERCIAL VEHICLE

4.1.3.1. LCM & MCV

4.1.3.2. BUSES

4.1.3.3. TRUCKS

5. COMPETITIVE LANDSCAPE

5.1. KEY STRATEGIES

5.2. KEY COMPANY ANALYSIS

6. REGIONAL ANALYSIS

6.1. NORTH AMERICA

6.1.1. UNITED STATES

6.1.2. CANADA

6.1.3. REST OF NORTH AMERICA

6.2. EUROPE

6.2.1. UNITED KINGDOM

6.2.2. FRANCE

6.2.3. GERMANY

6.2.4. ITALY

6.2.5. SPAIN

6.2.6. REST OF EUROPE

6.3. ASIA PACIFIC

6.3.1. INDIA

6.3.2. CHINA

6.3.3. JAPAN

6.3.4. REST OF ASIA

6.4. REST OF THE WORLD

7. COMPANY PROFILES

7.1. AUTOLIV

7.1.1. AUTOLIV INTRODUCTION

7.1.2. AUTOLIV  PRODUCT PORTFOLIO

7.1.3. AUTOLIV RECENT ACTIVITIES

7.2. CHEVEROLET

7.2.1. CHEVROLET INTRODUCTION

7.2.2. CHEVROLET PRODUCT PORTFOLIO

7.2.3. CHEVROLET RECENT ACTIVITIES

7.3. CONTINENTAL AG

7.3.1. CONTINENTAL AG INTRODUCTION

7.3.2. COTINENTAL AG PRODUCT PORTFOLIO

7.3.3. CONTINENTAL AG RECENT ACTIVITIES

7.4. DAICEL CORPORATION

7.4.1. DAICEL CORPORATION AUTOMOTIVE INTRODUCTION

7.4.2. DAICEL CORPORATION AUTOMOTIVE PRODUCT PORTFOLIO

7.4.3. DAICEL CORPORATION AUTOMOTIVE RECENT ACTIVITIES

7.5. DELPHI AUTOMOTIVE

7.5.1. DELPHI AUTOMOTIVE INTRODUCTION

7.5.2. DELPHI AUTOMOTIVE PRODUCT PORTFOLIO

7.5.3. DELPHI AUTOMOTIVE RECENT ACTIVITIES

7.6. DENSO CORPORATION

7.6.1. DENSO CORPORATION INTRODUCTION

7.6.2. DENSO CORPORATION BIOBOTS PRODUCT PORTFOLIO

7.6.3. DENSO CORPORATION BIOBOTS RECENT ACTIVITIES

7.7. FORD

7.7.1. FORD INTRODUCTION

7.7.2. FORD PRODUCT PORTFOLIO

7.7.3. FORD RECENT ACTIVITIES

7.8. HONDA

7.8.1. HONDA INTRODUCTION

7.8.2. HONDA PRODUCT PORTFOLIO

7.8.3. HONDA RECENT ACTIVITIES

7.9. HYUNDAI

7.9.1. HYUNDAI INTRODUCTION

7.9.2. HYUNDAI PRODUCT PORTFOLIO

7.9.3. HYUNDAI RECENT ACTIVITIES

7.10. HYUNDAI MOBIS

7.10.1. HYUNDAI MOBIS INTRODUCTION

7.10.2. HYUNDAI MOBIS PRODUCT PORTFOLIO

7.10.3. HYUNDAI MOBIS RECENT ACTIVITIES

7.11. JEEP

7.11.1. JEEP INTRODUCTION

7.11.2. JEEP PRODUCT PORTFOLIO

7.11.3. JEEP RECENT ACTIVITIES

7.12. KEY SAFETY SYSTEMS

7.12.1. KEY SAFETY SYSTEMSINTRODUCTION

7.12.2. KEY SAFETY SYSTEMS PRODUCT PORTFOLIO

7.12.3. KEY SAFETY SYSTEMS RECENT ACTIVITIES

7.13. KIA

7.13.1. KIA INTRODUCTION

7.13.2. KIAPRODUCT PORTFOLIO

7.13.3. KIA RECENT ACTIVITIES

7.14. MERCEDES

7.14.1. MERCEDES INTRODUCTION

7.14.2. MERCEDES PRODUCT PORTFOLIO

7.14.3. MERCEDES RECENT ACTIVITIES

7.15. NIHON PLAST

7.15.1. NIHON PLAST INTRODUCTION

7.15.2. NIHON PLAST PRODUCT PORTFOLIO

7.15.3. NIHON PLAST RECENT ACTIVITIES

7.16. NISSAN

7.16.1. NISSAN INTRODUCTION

7.16.2. NISSAN PRODUCT PORTFOLIO

7.16.3. NISSAN RECENT ACTIVITIES

7.17. NXP

7.17.1. NXP INTRODUCTION

7.17.2. NXP PRODUCT PORTFOLIO

7.17.3. NXP RECENT ACTIVITIES

7.18. ROBERT BOSCH GMBH

7.18.1. ROBERT BOSCH GMBH INTRODUCTION

7.18.2. ROBERT BOSCH GMBH PRODUCT PORTFOLIO

7.18.3. ROBERT BOSCH GMBH RECENT ACTIVITIES

7.19. SUZUKI

7.19.1. SUZUKI INTRODUCTION

7.19.2. SUZUKI PRODUCT PORTFOLIO

7.19.3. SUZUKI RECENT ACTIVITIES

7.20. TAKATA

7.20.1. TAKATA INTRODUCTION

7.20.2. TAKATA PRODUCT PORTFOLIO

7.20.3. TAKATA RECENT ACTIVITIES

7.21. TOYODA GOSEI CORPORATION

7.21.1. TOYODA GOSEI CORPORATION NTRODUCTION

7.21.2. TOYODA GOSEI CORPORATION PRODUCT PORTFOLIO

7.21.3. TOYODA GOSEI CORPORATION RECENT ACTIVITIES

7.22. TOYOTA

7.22.1. TOYOTA INTRODUCTION

7.22.2. TOYOTA PRODUCT PORTFOLIO

7.22.3. TOYOTA RECENT ACTIVITIES

7.23. VOLKSWAGEN

7.23.1. VOLKSWAGEN INTRODUCTION

7.23.2. VOLKSWAGEN PRODUCT PORTFOLIO

7.23.3. VOLKSWAGEN RECENT ACTIVITIES

7.24. ZF TRW

7.24.1. ZF TRW INTRODUCTION

7.24.2. ZF TRWN PRODUCT PORTFOLIO

7.24.3. ZF TRW RECENT ACTIVITIES 

TABLE # 1 GLOBAL AIR BAG MARKET RESEARCH AND ANALYSIS, BY TYPE 2015-2022 ($ MILLION)

TABLE # 2 GLOBAL FRONT AIR BAG MARKET RESEARCH AND ANALYSIS 2015-2022 ($ MILLION)

TABLE # 3 GLOBAL SIDE AIRBAG   MARKET RESEARCH AND ANALYSIS 2015-2022 ($ MILLION)

TABLE # 4 GLOBAL CURTAIN AIRBAG MARKET RESEARCH AND ANALYSIS 2015-2022 ($ MILLION)

TABLE # 5 GLOBAL KNEEL AIRBAG MARKET RESEARCH AND ANALYSIS 2015-2022 ($ MILLION)

TABLE # 6 GLOBAL REAR AIRBAG MARKET  RESEARCH AND ANALYSIS 2015-2022 ($ MILLION)

TABLE # 7 GLOBAL AIRBAG  MARKET RESEARCH AND ANALYSIS, BY VEHICLE SEGMENT 2015-2022 ($ MILLION)

TABLE # 8 GLOBAL PASSENGER CAR AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

TABLE # 9 GLOBAL COMMERCIAL VEHICLE AIRBAG  MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

TABLE # 10 GLOBAL AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 11 NORTH AMERICA AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 12 US AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 13 CANADA AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 14 EUROPEAN AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 15 UK AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 16 FRANCE AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 17 GERMANY AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 18 ITALY AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 19 SPAIN AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 20 ROE AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 21 ASIA PACIFIC AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 22 INDIA AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 23 CHINA AIRBAG  MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 24 JAPAN AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 25 ROPAC AIRBAG MARKET RESEARCH AND ANALYSIS, 2015-2022

TABLE # 26 REST OF THE WORLD AIRBAG  MARKET RESEARCH AND ANALYSIS, 2015-

TABLE # 27 AUTOLIV PRODUCT PORTFOLIO

TABLE # 28 AUTOLIV RECENT ACTIVITIES

TABLE # 29 CHEVERELOT PRODUCT PORTFOLIO

TABLE # 30 CHEVERELOT RECENT ACTIVITIES

TABLE # 31 CONTINENTAL AG PRODUCT PORTFOLIO

TABLE # 32 CONTINENTAL AG RECENT ACTIVITIES

TABLE # 33 DAICEL CORPORATION PRODUCT PORTFOLIO

TABLE # 34 DAICEL CORPORATION RECENT ACTIVITIES

TABLE # 35 DELPHI AUTOMOTIVE PRODUCT PORTFOLIO

TABLE # 36 DELPHI AUTOMOTIVE RECENT ACTIVITIES

TABLE # 37 DENSO CORPORATION PRODUCT PORTFOLIO

TABLE # 38 DENSO CORPORATION RECENT ACTIVITIES

TABLE # 39 FORD PRODUCT PORTFOLIO

TABLE # 40 FORD RECENT ACTIVITIES

TABLE # 41 HONDA PRODUCT PORTFOLIO

TABLE # 42 HONDA RECENT ACTIVITIES

TABLE # 43 HYUNDAI PRODUCT PORTFOLIO

TABLE # 44 HYUNDAI RECENT ACTIVITIES

TABLE # 45 HYUNDAI MOBIS PRODUCT PORTFOLIO

TABLE # 46 HYUNDAI MOBIS RECENT ACTIVITIES

TABLE # 47 JEEP PRODUCT PORTFOLIO

TABLE # 48 JEEP RECENT ACTIVITIES

TABLE # 49 KEY SAFETY SYSTEMS PRODUCT PORTFOLIO

TABLE # 50 KEY SAFETY SYSTEMS RECENT ACTIVITIES

TABLE # 51 KIA PRODUCT PORTFOLIO

TABLE # 52 KIA RECENT ACTIVITIES

TABLE # 53 MERCEDES PRODUCT PORTFOLIO

TABLE # 54 MERCEDES RECENT ACTIVITIES

TABLE # 55 NIHON PLAST PRODUCT PORTFOLIO

TABLE # 56 NIHON PLAST RECENT ACTIVITY

TABLE # 57 NISSAN PRODUCT PORTFOLIO

TABLE # 58 NISSAN RECENT ACTIVITIES

TABLE # 59 NXP PRODUCT PORTFOLIO

TABLE # 60 NXP RECENT ACTIVITIES

TABLE # 61 ROBERT BOSCH PRODUCT PORTFOLIO

TABLE # 62 ROBERT BOSCH RECENT ACTIVITIES

TABLE # 63 SUZUKI PRODUCT PORTFOLIO

TABLE # 64 SUZUKI  RECENT ACTIVITIES

TABLE # 65 TAKATA PRODUCT PORTFOLIO

TABLE # 66 TAKATA  RECENT ACTIVITIES

TABLE # 67 TOYODA GOSEI CORPORATION PRODUCT PORTFOLIO

TABLE # 68 TOYODA GOSEI CORPORATION  RECENT ACTIVITIES

TABLE # 69 TOYOTA PRODUCT PORTFOLIO

TABLE # 70 TOYOTA RECENT ACTIVITIES

TABLE # 71 VOLKSWAGEN PRODUCT PORTFOLIO

TABLE # 72 VOLKSWAGEN RECENT ACTIVITIES

TABLE # 73 ZF TRW PRODUCT PORTFOLIO

TABLE # 74 ZF TRW RECENT ACTIVITIES

FIGURE # 1 GLOBAL MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 2 NORTH AMERICA MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 3 US MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 4 CANADA MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 5 EUROPEAN MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 6 UK MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 7 FRANCE MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 8 GERMANY MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 9 ITALY MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 10 SPAIN MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 11 ROE MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 12 ASIA PACIFIC MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 13 INDIA MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 14 CHINA MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 15 JAPAN MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 16 ROPAC MARKET RESEARCH AND ANALYSIS, 2015-2022

FIGURE # 17 REST OF THE WORLD MARKET RESEARCH AND ANALYSIS, 2015-2022