Airbag Electronics Market Growth, Trends and Forecast 2017 - 2026

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Airbag Electronics Market Expected To Witness A Sustainable Growth Over 2026 Date: February 24, 2022 Author: Tech News

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Increasing consciousness over automobile safety has driven the installation of airbags across all kinds of vehicles. Concurrently, airbag electronics are becoming an essential commodity in the automotive industry. OEMs are actively adopting smart airbag technology, which is in uencing the production of airbag electronics. Control modules are being designed to work effectively with advanced sensors. New developments in the manufacturing of crash sensors, airbag deployment module and collision detectors are also in uencing the manufacturing landscape of airbag electronics. Companies such as, Autoliv (Sweden), Key Safety Systems, Inc. (US), Denso Corporation (Japan), Toyoda-Gosei Co., Ltd. (Japan), Takata Corporation (Japan), TRW Automotive Holdings Corp. (US), Hyundai Mobis, Ashimori, Nihon Plast, and Ningbo Joyson Electronic are being observed as the global leaders in airbag electronics manufacturing. Transparency Market Research’s latest study has pro led these companies as

the key players in the global airbag electronics market. According to the

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report, the global airbag electronics market is expected to grow robustly

during the forecast period, 2017-2026. Over the forecast period, the global airbag electronics market is poised to expand at a volume CAGR of 6.8%, registering sales of over 237,500 thousand units by the end of 2026. Download Sample Report: https://www.transparencymarketresearch.com/sample/sample.php? ag=S&rep_id=40142 Key Factors In uencing the Production of Airbag Electronics in the Near Future The report has assessed several factors that will impact the growth of the global airbag electronics market during the forecast period. In terms of production, emergence of advanced sensors are expected to in uence the development of electronic components for airbag systems. Advanced crash sensors and innovative pneumatics for in ating airbags Integration of seat occupancy detectors with airbag control systems Embedding weight sensors in front passenger seats Threshold-based airbag in ation and deployment High number of ultrasonic sensors being integrated with smart airbag systems These factors are estimated to in uence the production of airbag electronics in the upcoming years. Several market players are expected to witness favors from government initiatives and regulatory policies on making automobile safety more effective and increasing the ef ciency of airbag electronics. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? ag=B&rep_id=40142

ag=B&rep_id=40142 Compact Cars and Mid-sized Cars to Account for Nearly 50% of Global Market Volumes In 2017, nearly 60,000 thousand units of airbag electronics were installed in mid-sized cars and compact cars across the globe. The report estimates that over the forecast period, mid-sized cars will represent largest share on global airbag electronics market volumes. By the end of 2026, more than one-fourth of global airbag electronics market volumes will be accounted by mid-sized cars. The report further reveals that compact cars will register fastest growth at a volume CAGR of 8% during the forecast period. The report also estimates that aftermarket sales of airbag electronics are expected to gain traction towards the end of the forecast period. Through 2026, OEM will be observed as the largest sales channel for airbag electronics, while aftermarket sales are estimated to register a 7.3% CAGR in terms of volume. By the end of 2026, Europe will register highest sales of airbag electronics. Increasing emphasis on automobile safety, consolidated presence of automakers in countries like Germany and the UK, and rising adoption of smart airbag technology, are collectively expected to factor the growth of Europe’s airbag electronics market in the near future. By the end of 2026, Europe will register sales of over 74,100 thousand units of airbag electronics, becoming the largest market for airbag electronics in the world. Enquiry Before Buying : https://www.transparencymarketresearch.com/sample/sample.php? ag=EB&rep_id=40142 TMR Latest News Publication: Automotive Engine Air Filter Market – Analysts at Transparency Market Research (TMR) expect the global automotive engine air lter market to expand at a CAGR of 1.8% during the forecast period of 2020 to 2030. Due to

expand at a CAGR of 1.8% during the forecast period of 2020 to 2030. Due to rising environmental concerns globally, companies in the automotive industry are seen increasing investments in innovations that are focused on reducing greenhouse emissions. About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail exible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the uni ed market intelligence engine. Sign Up for a 7 day free trial! Contact Transparency Market Research USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Blog: https://tmrblog.com/ Follow Us: Twitter | LinkedIn