Growth Opportunities in the Global Automotive Airbag Market

Publisher: Lucintel
Publication Date: June, 2016
Transportation / Automotive Component
Pages: 150+
Delivery Format: PDF

Trends, opportunities and forecast in this market to 2021 by airbag type (front airbag, side airbag, curtain airbag, knee airbag), vehicle type (small car, mid-size car, large car, MPV and LCV, SUV, others), and region (North America, Europe, Asia Pacific and Rest of the World)

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The global automotive airbag market is forecast to grow at a CAGR of 4.6% from 2016 to 2021. The major drivers of growth for this market are governmental regulations on safety standard, increasing number of traffic fatalities, increasing awareness on vehicle safety, and development of low-cost airbags.

Emerging trends, which have a direct impact on the dynamics of the automotive airbag industry, include development of flexible venting technology, application of bioplastics materials in airbag module

, development of lightweight airbag inflators, and development of low-cost airbag Electronic Control Unit.

A total of 132 figures / charts and 48 tables are provided in this 190-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of automotive airbag market report, download the report brochure

The study includes the automotive airbag market size, and forecast for the global automotive airbag market through 2020 segmented by airbag type, vehicle type, and region as follows:

Automotive airbag market by airbag type [Volume (Million Units) and $M shipment analysis for 2010 – 2021]:

Front Airbag
Side Airbag
Curtain Airbag
Knee Airbag

Automotive airbag market by vehicle type [Volume (Million Units) shipment analysis for 2010 – 2021]:

Small Car
Mid-size Car
Large Car
MPV and LCV
SUV
Others

Automotive airbag market by region [Volume (Million Units) and $M shipment analysis for 2010 – 2021]:

North America
Europe
Asia Pacific
Rest of the World

Automotive airbag manufacturers profiled in this market report include Autoliv Inc., Takata Corporation, ZF TRW Automotive Holding Corp, Toyoda Gosei Co., Ltd., and Hyundai Mobis Co., Ltd.

Lucintel predicts that the automotive airbag demand in the small car is likely to experience the highest growth in the forecast period supported by safety regulations implied by various governments and increasing production of small car. In this market front, side, curtain, and knee are the major application areas of airbag components in a vehicle. Front airbag is the largest segment by airbag type and is expected to remain the same during the forecast period.

On the basis of its comprehensive research, Lucintel forecasts that small car segment is expected to show above average growth during the forecast period. Within the global automotive airbag market, the small car segment is expected to remain as the largest market by volume consumption. The development of low-cost airbag for small cars is expected to spur growth for this segment over the forecast period.

Asia Pacific is expected to remain the largest market due to increasing light vehicle production; China will remain the leading market in terms of vehicle production. Asia Pacific and North America are expected to witness significant growth over the forecast period because of increasing penetration of airbag components in vehicles in North America due to strict vehicular safety standards & regulations.

Some of the features of this report:

Market size estimates: Global automotive airbag market size estimation in terms of volume and value ($M) shipment.
Trend and forecast analysis: Global automotive airbag market trend (2010-2015) and forecast (2016-2021) by region and segments.
Segmentation analysis: Global automotive airbag market size by airbag types such as front airbag, side airbag, curtain airbag and knee airbag and by vehicle type such as small cars, mid-size cars, large cars, Multi-Purpose Vehicles (MPV), Light Commercial Vehicles (LCV), Sport Utility Vehicles (SUV), and other vehicles.
Regional analysis: Global automotive airbag market breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of automotive airbag market.
Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of global automotive airbag suppliers.
Emerging applications: Emerging applications of global automotive airbag in various markets.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1. How big the opportunities for automotive airbag market by airbag type, vehicle type and region?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the automotive airbag market?
Q.5. What are the business risks and threats of this market?
Q.6. What are emerging trends in this market and reasons behind them?
Q.7. What are some changing demands of customers in the automotive airbag market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major automotive airbag suppliers? What strategic initiatives are taken by key players for business growth?
Q.10. How is the competitive rivalry and threat of substitution in this market?
Q.11. What are the recent M & A activities by the major automotive airbag suppliers in the past 2-3 years in this market? What reasons can be attributed to these activities and how have they impacted the industry?

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Growth Opportunities in the Global Automotive Airbag Market

Emerging trends, which have a direct impact on the dynamics of the automotive airbag industry, include development of flexible venting technology, application of bioplastics materials in airbag module

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