Global Automotive Airbag Market size was valued at US$ 11.62 Bn. in 2021 and the total revenue is expected to grow at 10.11 % through 2022 to 2029, Automotive Airbag Market is reaching nearly US$ 25.10 Bn. by 2029.
Automotive Airbag Market Overview:
The marketplace studies have a look at analyses and assesses the marketplace`s role throughout the forecast period. It is a complete exam that specializes in number one and secondary drivers, marketplace share, main segments, and geographical evaluation. Market Analysis examines major corporations, strategic alliances, mergers and acquisitions, as well as contemporary innovation and corporate strategy.
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Market Scope:
Using each primary and secondary study approaches, we researched the Automotive Airbag Market from each viewpoint. This helped us benefit a higher knowledge of contemporary marketplace dynamics which include supply-call for imbalances, pricing traits, product preferences, client habits, and so on. The statistics is then compiled and analysed the use of quite a number marketplace estimation and statistics validation techniques. This Automotive Airbag market study covers import and export consumption, supply and demand, costs, prices, shares, sales volumes, revenues, and gross profits.
Automotive Airbag Market Segmentation
The market is divided into Passenger Cars (PC), Light Commercial Vehicles (LCV), Buses, and Trucks based on the type of vehicle. In 2021, the market will be led by the passenger vehicle category. A specified amount of head and chest protection, as well as soft material to cushion, are required by side-impact requirements. Curtain airbags are appropriate in all vehicles, especially luxury passenger cars, for this kind of incident. As a result, in the years to come, demand for curtain-based airbags made of nylon will soar. Around 1.35 million people die each year as a result of car accidents, with the bulk of these fatalities taking place in low- and middle-income countries, according to a World Health Organization research. As a result, curtain airbag usage has significantly increased during the past ten years.
The market is divided into four types of airbags based on type: front airbags, side airbags, knee airbags, and curtain airbags. As safety rules for all vehicle types increase, there is a rising need for automobile airbags, particularly curtain airbags. According to the MMR analysis, curtain airbags are probably responsible for a sizable percentage of the vehicle airbag market. To shield the heads and chests of the driver and passengers from all directions of impact, curtain airbags are incorporated into the front, rear, and side pillars. The widespread usage of curtain airbags is being fueled by the rise in popularity of mini-cars, luxury sedans, and heavy-duty rails.
Automotive Airbag Key Players
• ABC Group
• AB Tube Processing, Inc.
• ACS Industries, Inc.
• Advanced Elastomer Systems
• Am-Safe Commercial Products
• Amphenol Corporation
• Analog Devices, Inc.
• ARC Automotive, Inc.
• Ashimori Industry Co., Ltd.
• Calsonic Kansei
• China National Bluster (Group) Corporation
• Chukoh Chemical Industries, Ltd.
• Daicel Chemical Industries Ltd.
• East Joy Long Airbag Motor Co. Ltd.
• Gaotian (Shanghai) Automobile Safety Device Co., Ltd.
• Global Tek (wuxi) Co. Ltd.
• Fujitsu TEN Ltd.
• Furukawa Electric
• Hanwha Group
• Hyosung Corporation
• Hyundai Mobis
The report looks at the most recent notable breakthroughs in the Automotive Airbag market, as well as the major producers and inventors. The file additionally specializes in the worldwide major enterprise gamers with inside the Automotive Airbag Market, which include business enterprise biographies, product pictures and specs, capacity, production, price, cost, revenue, and speak to information. The have a look at examines prominent Automotive Airbag marketplace groups and ranks them with inside the marketplace. The following players are featured on this file:
Regional Analysis:
The Automotive Airbag marketplace in every region is similarly segmented into areas and segments. The have a look at examines and anticipates numerous international locations, in addition to contemporary traits and possibilities with inside the region. This search covers North America, Canada, Mexico, Europe, Germany, France, Spain, Italy, and Rest of Europe, Asia-Pacific rest of APAC, South America, Brazil, Middle East and Africa.
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Key Questions Answered with inside the Automotive Airbag Market Report are:
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Automotive Airbag Market Growth , Automotive Airbag Market Trends , Automotive Airbag Market Size
Mar 09, 2023