Automotive Airbag Market: Industry Growth Rate, Share, Future Trend & Forecasts to 2018

This report studies the global Automotive Airbag market status and forecast, categorizes the global Automotive Airbag market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa)

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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.

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In several developing economies such as China, India, and Brazil, the use ofcurtain airbagsis 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 ofcurtain 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 sixair 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 2017 and will reach 20200 million US$ by the end of 2025, growing at a CAGR of 7.2% during 2018-2025.

The major manufacturers covered in this report
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

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