Automotive Airbag and Seat Belt Market (By Type: Airbag Type [Curtain, Front, Knee, Side], Seat Belt Type [Two Point, Three Point, Others]; By End-user: Airbag End Use [Passenger Vehicle, Commercial Vehicle], Seat Belt End Use [Passenger Vehicle, Commercial Vehicle]) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Automotive, Transportation and Logistics | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

The global automotive airbag and seat belt market size is anticipated to around USD 74.3 billion by 2026, this market is anticipated to grow with 6.1% CAGR during the forecast time period. The market is driven Emerging awareness with respect to the significance of implementing passive safety systems, for example, airbags and safety belts, among buyers is likewise liable to increase showcase extension. Governments, particularly in developing countries including India, and China, are progressively making revisions and acquainting new controls with guarantee enhanced road safety.

Market Dynamics

Expanding purchaser disposable income levels, especially in developing countries of Asia Pacific, Latin America, and Eastern Europe, are relied upon to positively affect the market. Moreover, the car advertise in these locales is seeing significant advancement.

Rising gainfulness of the car advertise thus advances the development of the airbag and safety belt showcase. Innovative progressions and persistent item improvement have likewise increased the interest for items, for example, airbag and safety belts, in this manner supporting business sector extension.

Market Insights

Continuous efforts taken by key organizations to present innovative airbag and safety belt innovations have added to the market development. In the course of recent years, Original Equipment Manufacturers (OEMs) and providers have been moving in the direction of the improvement of cutting edge items. Some of them have effectively propelled their items with slight separation from their rivals. For example, Key Safety Systems (KSS) has been providing enhanced back safety belts, Inflatable Seat Belts, to Ford Motors, which are equipped for securing the shoulder and middle zone on swelling. Likewise, they are equipped for being conveyed inside as less as 40 milliseconds of an accident. The presentation of stringent controls by governments over the globe to enhance street wellbeing is another driver moving the market development.

Market Segmentation

Market By Type

  • Airbag Type
    • Curtain
    • Front
    • Knee
    • Side
  • Seat Belt Type
    • Two Point
    • Three Point
    • Others

Market By End-user

  • Airbag End Use
    • Passenger Vehicle
    • Commercial Vehicle
  • Seat Belt End Use
    • Passenger Vehicle
    • Commercial Vehicle

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Regional Insights

Asia Pacific is anticipated to observer profitable development forthcoming due to helpful government initiatives and improving automobile sector. Furthermore, economic growths in countries, for instance, China and India, are anticipated to aid drive the market development. Enormous populace base with growing disposable income in the region captures to high need for automotive airbag and seat belt market.

Market Participants

Market companies are concentrating on implementing new strategies for instance regional expansion, partnerships, mergers and acquisitions, new product launches, and distribution agreements to surge their revenue share. The major players associated with the Robert Bosch GMBH, Autoliv, Inc., ZF Friedrichshafen AG, Hyundai Mobis Co., Ltd., Key Safety Systems (KSS), Toyoda Gosei Co., Ltd., and Continental AG.


Related Reports

Automotive Airbag Market (By Position: Frontal, Side Curtain, Side, Knee; By Fabric: Non-coated, Coated; By Vehicle: Commercial Vehicles, Passenger Vehicles; By Distribution Channel: OEM, Aftermarket) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global automotive airbag market size is expected to reach around US$ 86 billion by 2026 and market is growing at a CAGR around 5.8 % throughout the forecast period 2019-2026. One car safety device is Airbag. The car airbag includes a flexible fabric coil or cushion de

Automotive Drive Recorder Market (By Type: Single Channel Dashcam, Multi-Channel Dashcam; By Application: Passenger Cars, Commercial Vehicle) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025

Introduction According to Acumen Research and Consulting, the global automotive drive recorder market is expected to reach the market value of around $7.2 billion by 2025 and is anticipated to grow at a CAGR of around 11% in terms of revenue during the forecasting period 2018 – 2025. Automotive drive recorder, also known a

Automotive Seat Belts Market (By Type: 3 Point Seatbelt, 2 Point Seatbelt; By Vehicle: Heavy Commercial Vehicles, Light Commercial Vehicles, Passenger Vehicles; By Component: Webbing Strap, Buckles, Tongues, Retractors, Pillar Loops; By Distribution Channel: Aftermarket, OEM) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global automotive seat belts market is expected to grow at noteworthy CAGR around 6.2 % throughout the forecast period and reach around US$ 10.1 billion by 2026. Seat loops are essential vehicle components. In times of accidents, seat belts are called life saviors. Such belts protect

Usage-based Insurance Market (By Policy Type: MHYD, PAYD, PHYD; By Device Type: OBD Dongle, Black Box, Smartphone, Others; By Vehicle Type: Commercial, Passenger) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global usage-based insurance market is expected to grow at noteworthy CAGR around 29 % throughout the forecast period and reach around US$ 190 billion by 2026. Usage-based insurance (UBI) is an insurance type that determines vehicle premium by following the vehicle's conduct. An insur

Occupant Classification System Market (By Technology: Bladder, Strain Gauge, Pressure Sensitive Tape System; By Vehicle Type: Luxury, Mid Range, Economic; By Component:Sensor, EU) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

According to Acumen Research and Consulting, the global Occupant Classification System market is expected to grow at noteworthy CAGR around 6.5 % throughout the forecast period and reach around US$ 3.2 billion by 2026. The report provides analysis of global Occupant Classification System market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.

Cart Summary