Global Airbag Market Research and Upcoming Forecast Report
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description and Highlights Report Description Airbag Market Outlook 2026:
According to the latest report by IMARC Group, titled “Airbag Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global airbag market exhibited strong growth during 2015-2020. Airbags refer to safety devices fitted inside a vehicle designed to inflate and deflate promptly to protect the occupants during a crash or collision. They comprise bags, inflation systems and impact sensors that send signals upon detecting the occurrence and severity of a crash. They help minimize driver fatalities and serious head injuries in frontal crashes by providing crucial cushioning to occupants. Nowadays, manufacturers are integrating side airbags (SABs) to reduce chest injuries in side crashes as well as side curtains and knee airbags to reduce leg injuries. Request for a PDF sample of this report: https://www.imarcgroup.com/airbag-market/requestsample
Report Description and Highlights
Report Description Global Airbag Market Trends:
The increasing sales of passenger vehicles across the globe due to rapid urbanization and rising disposable incomes represent the primary factor driving the market. According to the World Health Organization (WHO), approximately 1.3 million people die in road traffic crashes every year. This has resulted in the implementation of stringent government safety regulations across numerous countries, thereby escalating the demand for airbags. Additionally, the growing awareness among the masses about vehicle safety has escalated the demand for vehicles with advanced safety features, thereby contributing to the market growth. As a result, automotive manufacturers are focusing on installing airbags in heavy-duty vehicles to increase the safety of drivers. Furthermore, several technological advancements and the development of advanced airbags and inflators to meet the safety regulations and consumer requirements are providing a positive market outlook. Looking forward, the market is projected to grow at a CAGR of around 8.5% during 2021-2026.
Report Description and Highlights
Report Description Key Market Segmentation: Breakup by Type: •Frontal Airbag •Knee Airbag •Side Airbag •Curtain Airbag
Breakup by Module:
•Inflator or Gas Generator •Air Bag •Crash Sensors
Breakup by Vehicle Type: •Passenger Vehicle •Commercial Vehicle
Breakup by Sales Channel:
•Original Equipment Manufacturers •Aftermarkets
Report Description and Highlights
Report Description Breakup by Region:
•North America •Asia Pacific •Europe •Latin America •Middle East and Africa Note: We are updating our research report 2021-2026. If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc
Report Description and Highlights
Report Description Competitive Landscape:
•Autoliv Inc. •Continental AG •Daicel Corporation •DENSO Corporation •Hyundai Motor Group •Joyson Safety Systems (Ningbo Joyson Electronic Corp.) •Neaton Auto Products Manufacturing Inc. (Nihon Plast Co. Ltd.) •Robert Bosch GmbH •TOYODA GOSEI Co. Ltd. •ZF Friedrichshafen AG.. View Report TOC, Figures and Tables: https://www.imarcgroup.com/airbag-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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