Germany passenger car airbag market is forecast to augment at a CAGR of around 6% during the forecast period. The country is a leading exporter of vehicles and their spare parts. The German economy has a significant share of the automotive sector with around 15-20% of the total economy. As per the International Organization of Motor Vehicle Manufacturer, around 5.1 million passenger cars were manufactured in Germany in 2018, 3rd highest after China and Japan. The country is known for its quality products and brands. The major brands which are German-based include Audi, BMW, Iveco, MAN, Mercedes, Opel, Porsche, and Volkswagen. Along with OEM, the country has well renowned auto-ancillary companies that supply their products all across the globe. Some major is Bosch GmbH, Continental AG, ZF TRW, BASF SE, Mahle GmbH, Thyssen Krupp and so on.
The Germany airbag market is segmented based on type and vehicle type. By type, the market is further analyzed into front airbag, side airbag, curtain airbag, and knee airbag. The front airbag segment is expected to have a major market share during the forecast period whereas knee and curtain airbags will find a significant growth rate. By vehicle type, the market is segmented into Hatchback, Sedan, and SUV. Hatchback is expected to have a major market share during the forecast period.
The companies significantly contributing to the market include Autoliv Inc., Continental AG, DENSO Corp., Hyundai Mobis Co., Ltd., Key Safety Systems, Inc., Robert Bosch GmbH, Toyoda Gosei Co., Ltd., TRW Automotive Holdings Corp., and others. The market players are considerably contributing to the market growth by the adoption of various growth strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the market.
Research Methodology
The market study is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to bring authenticity to the reports.
Secondary Sources Include
The report is intended for automotive companies, auto-ancillary companies, vendors, government organizations, venture capitalists for the comprehensive market analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Germany Passenger Car Airbag Market by Type
5.1.1. Front Airbag
5.1.2. Side Airbag
5.1.3. Curtain Airbag
5.1.4. Knee Airbag
5.2. Germany Passenger Car Airbag Market by Vehicle Type
5.2.1. Hatchback
5.2.2. Sedan
5.2.3. SUV
6. Company Profiles
6.1. Autoliv Inc.
6.2. Continental AG
6.3. Daicel Corp.
6.4. DENSO Corp.
6.5. Hyundai Mobis Co., Ltd.
6.6. Key Safety Systems, Inc.
6.7. NXP Semiconductors N.V.
6.8. Robert Bosch GmbH
6.9. Toyoda Gosei Co., Ltd.
6.10. TRW Automotive Holdings Corp.
1. GERMANY PASSENGER CAR AIRBAG MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. GERMANY PASSENGER CAR AIRBAG MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2018-2025 ($ MILLION)
1. GERMANY PASSENGER CAR AIRBAG MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. GERMANY PASSENGER CAR AIRBAG MARKET SHARE BY VEHICLE TYPE, 2018 VS 2025 (%)