Worldwide Automotive Airbag market is valued at 12400 million US$ in 2018 & will exceed sales of 20200 million US$ by the end of 2025, growing at a CAGR of 7.2% during 2019-2025 | Leading Global Giants are: Autoliv, TRW, Key Safety Systems, Toyoda Gosei, Nihon Plast, Yanfeng Automotive Trim Systems, East JoyLong Motor Airbag, Hyundai Mobis, BYD, S&T Motiv, Jinheng Automotive Safety Technology, Changzhou Changrui, Jiangsu Favour, Taihang Changqing, Ashimori Industry|

Worldwide Automotive Airbag market is valued at 12400 million US$ in 2018 & will exceed sales of 20200 million US$ by the end of 2025, growing at a CAGR of 7.2% during 2019-2025 | Leading Global Giants are: Autoliv, TRW, Key Safety Systems, Toyoda Gosei, Nihon Plast, Yanfeng Automotive Trim Systems, East JoyLong Motor Airbag, Hyundai Mobis, BYD, S&T Motiv, Jinheng Automotive Safety Technology, Changzhou Changrui, Jiangsu Favour, Taihang Changqing, Ashimori Industry|

Press Release

Airbags are automotive safety features in vehicles that are engineered to inflate at a rapid speed during the event of an accident or crash. The inflated airbags help in protecting the in-vehicle occupants in such occurrences. Therefore, these devices are categorized under automotive passive safety features. There are various types of airbags based on their application in vehicles, such as frontal airbags, side airbags, curtain airbags, and seatbelt airbags. The names of these airbags are associated with their strategic placements inside the vehicle.
In several developing economies such as China, India, and Brazil, the use of curtain airbags is restricted to the luxury and mid-premium passenger car segments. However, with the increasing focus on passenger safety and the rising awareness of the usage of curtain airbags, the demand for the installation of these devices in low-cost and compact vehicles will increase as well. For instance, Ford India has already started installing six air bags, including curtain and frontal airbags, in their low-cost models such as Aspire and Figo.

The global Automotive Airbag market is valued at 12400 million US$ in 2018 is expected to reach 20200 million US$ by the end of 2025, growing at a CAGR of 7.2% during 2019-2025.
This report focuses on Automotive Airbag volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive Airbag market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
Autoliv
TRW
Key Safety Systems
Toyoda Gosei
Nihon Plast
Yanfeng Automotive Trim Systems
East JoyLong Motor Airbag
Hyundai Mobis
BYD
S&T Motiv
Jinheng Automotive Safety Technology
Changzhou Changrui
Jiangsu Favour
Taihang Changqing
Ashimori Industry

Market Segment by Regions includes:
North America
Europe
China
Japan

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Driver Front Airbag
Passenger Front Airbag
Side Airbag
Knee Airbag

By Industrial Application, the market can be split into:
Passenger Vehicles
Commercial Vehicles

Market Segment by Regions includes:

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America
  • Middle East and Africa.

Browse contents of Global Automotive Airbag Market Research Report 2019

Contacts

Trusted Business Insights
Joseph Anthony Jones
Senior Media & Marketing Executive
US: +1 646 568 9797
UK: +44 330 808 0580

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