Airbag Market by Module and Type - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ID: 4612584
  • Report
  • Region: Global
  • 100 pages
  • Allied Analytics LLP
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The global airbag market is expected to reach $37.3 billion by 2022, growing at a CAGR of 9.4% from 2016 to 2022. In the global automotive industry, the demand for airbags is on a rapid increase. Rise in consumer awareness towards vehicle safety features and inclination towards the use of advanced technology to reduce the impact of accidents drive the market growth. In addition, increase in competition among car manufacturers to introduce advanced safety features contributes to increase in the demand for airbags. Increase in number of road accidents in India, China, and Indonesia has prompted the local governments to execute strict road safety regulations. This has resulted in the compulsory installation of airbags in automobiles being introduced in the market, which is anticipated to further fuel the market growth. However, inclusion of advanced technological features causes an increase in the cost of cars, thus inhibiting market growth. Moreover, once the airbags get deployed, their replacement costs are very high. The advanced safety features other than airbags, such as radars, cameras to detect potential danger, anti-crash sensors, driverless vehicles (robotics), and vehicles using GPS, are expected to impose a major threat to airbag manufacturers, thus impeding the market growth.

The production facility to manufacture airbags are present in developed nations, such as the U.S., Germany, and China. These countries have formulated favorable policies which are expected to facilitate the manufacturing of airbags. This factor provides opportunity to increase the growth rate of market, and thus allows manufacturers to set up industries at optimum capital investment and expand its presence worldwide. Innovations such as introduction of airbags in two wheelers is expected to boost this market. Most of the developing nations such as, India, China, South Africa, and Norway have introduced various schemes to establish the manufacturing industries. Thus, this presents an opportunity to the manufacturers to set up industries and increase the market size of their airbags industries.

The airbag market is segmented by module into inflator or gas generator and air bag, which is made up of fabric material. Further, the market is divided by type into front airbag, side airbag, knee airbag, and curtain airbag. Based on geography, it is analyzed across North America (U.S., Canada, and Mexico), Asia-Pacific (India, China, Japan, South Korea, and rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa), and Europe (UK, Germany, France, Italy, and rest of Europe).

POTENTIAL BENEFITS FOR STAKEHOLDERS

This report provides an in-depth analysis of the global airbag market, along with current trends and future estimations to identify lucrative investment pockets.
Key drivers, opportunities, and restraints that impact the market are analyzed.
Porter’s Five Forces analysis highlights the potency of buyers and suppliers to facilitate better business decision-making for stakeholders and strengthen their supplier and buyer networks.
Market estimation of geographical regions is based on the current market scenario and future trends.

KEY MARKET SEGMENTS

The market is segmented on the basis of module, type, and geography

BY MODULE

Inflator or Gas Generator
Air Bag

BY TYPE

Front Airbag
Knee Airbag
Side Airbag
Curtain Airbag

BY GEOGRAPHY

North America
U.S.
Mexico
Canada
Europe
UK
Germany
Italy
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY PLAYERS

Autoliv (Sweden)
Delphi Automotive (UK)
Takata Corporation (Japan)
TRW Automotive (U.S.)
Robert Bosch GmbH (Germany)
Denso Corporation (Japan)
Toyoda Gosei Corporation (Japan)
Neaton Auto Products Manufacturing Incorporation (U.S.)
Key Safety Systems (U.S.)
Continental AG (Germany)
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Note: Product cover images may vary from those shown
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CHAPTER 1 Introduction
1.1 Report Description
1.2 Key Benefits For Stakeholders
1.3 Key Market Segments
1.4 Research Methodology
1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools And Models

CHAPTER 2 Executive Summary
2.1 Cxo Perspective

CHAPTER 3 Market Overview
3.1 Market Definition And Scope
3.2 Key Findings
3.2.1 Top Impacting Factor
3.2.2 Top Winning Strategies
3.2.3 Top Investment Pockets
3.3 Porters Five Forces Analysis
3.3.1 Moderate Bargaining Power Of Suppliers Due To Higher Levels Of Vertical Integration
3.3.2 High Bargaining Power Of Buyer Due To Large Volume Purchases And Less Product Differentiation.
3.3.3 Low Threat Of Substitutes
3.3.4 Low Threat Of New Entrants Due To Intense Rivalry Among Existing Firms And High Capital Investment
3.3.5 Presence Of Reputed Players And Intense Rivalry Among Existing Firms Increases The Competition Among Rivalries
3.4 Market Share Analysis, 2015
3.5 Drivers
3.5.1 Rise In The Consumer Awareness Towards Vehicle Safety Features
3.5.2 Growth In Automotive Sector And Competition Among Car Manufacturers
3.5.3 Increasing Number Of Road Accidents
3.6 Restraints
3.6.1 Advanced Technological Features That Increase Car Prices
3.6.2 High Replacement Cost
3.7 Opportunities
3.7.1 Low Cost Of Production In Developing Nations
3.7.2 Introduction Of Airbag In New Segment (Two Wheelers)

CHAPTER 4 Global Airbag Market By Type
4.1 Introduction
4.2 Front Airbag
4.2.1 Key Growth Factors And Opportunities
4.2.2 Market Size And Forecast
4.2.3 North America Front Airbag Market ($Million), Growth (%) 2014-2022
4.2.4 Europe Front Airbag Market ($Million), Growth (%) 2014-2022
4.2.5 Asia Pacific Front Airbag Market ($Million), Growth (%) 2014-2022
4.2.6 Lamea Front Airbag Market ($Million), Growth (%) 2014-2022
4.3 Side Airbag
4.3.1 Key Growth Factors And Opportunities
4.3.2 Market Size And Forecast
4.3.3 North America Side Airbag Market ($Million), Growth (%) 2014-2022
4.3.4 Europe Side Airbag Market ($Million), Growth (%) 2014-2022
4.3.5 Asia-Pacific Side Airbag Market ($Million), Growth (%) 2014-2022
4.3.6 Lamea Side Airbag Market ($Million), Growth (%) 2014-2022
4.4 Knee Airbag
4.4.1 Key Growth Factors And Opportunities
4.4.2 Market Size And Forecast
4.4.3 North America Knee Airbag Market ($Million), Growth (%) 2014-2022
4.4.4 Europe Knee Airbag Market ($Million), Growth (%) 2014-2022
4.4.5 Asia-Pacific Knee Airbag Market ($Million), Growth (%) 2014-2022
4.4.6 Lamea Knee Airbag Market ($Million), Growth (%) 2014-2022
4.5 Curtain Airbag
4.5.1 Key Growth Factors And Opportunities
4.5.2 Market Size And Forecast
4.5.3 North America Curtain Airbag Market ($Million), Growth (%) 2014-2022
4.5.4 Europe Curtain Airbag Market ($Million), Growth (%) 2014-2022
4.5.5 Asia-Pacific Curtain Airbag Market ($Million), Growth (%) 2014-2022
4.5.6 Lamea Curtain Airbag Market ($Million), Growth (%) 2014-2022

CHAPTER 5 AIRBAG MARKET BY GEOGRAPHY
5.1 Introduction
5.2 North America
5.2.1 Key Growth Factors And Opportunities
5.2.2 Market Size And Forecast
5.2.3 U.S. Airbag Market ($Million), Growth (%) 2014-2022
5.2.4 Canada Airbag Market ($Million), Growth (%) 2014-2022
5.2.5 Mexico Airbag Market ($Million), Growth (%) 2014-2022
5.3 Europe
5.3.1 Key Growth Factors And Opportunities
5.3.2 Market Size And Forecast
5.3.3 U.K. Airbag Market ($Million), Growth (%) 2014-2022
5.3.4 Germany Airbag Market ($Million), Growth (%) 2014-2022
5.3.5 France Airbag Market ($Million), Growth (%) 2014-2022
5.3.6 Italy Airbag Market ($Million), Growth (%) 2014-2022
5.3.7 Rest Of Europe Airbag Market ($Million), Growth (%) 2014-2022
5.4 Asia-Pacific
5.4.1 Key Growth Factors And Opportunities
5.4.2 Market Size And Forecast
5.4.3 China Airbag Market ($Million), Growth (%) 2014-2022
5.4.4 India Airbag Market ($Million), Growth (%) 2014-2022
5.4.5 Japan Airbag Market ($Million), Growth (%) 2014-2022
5.4.6 South Korea Airbag Market ($Million), Growth (%) 2014-2022
5.4.7 Rest Of Asia-Pacific Airbag Market ($Million), Growth (%) 2014-2022
5.5 Lamea
5.5.1 Key Growth Factors And Opportunities
5.5.2 Market Size And Forecast
5.5.3 Latin America Airbag Market ($Million), Growth (%) 2014-2022
5.5.4 Middle East Airbag Market ($Million), Growth (%) 2014-2022
5.5.5 Africa Airbag Market ($Million), Growth (%) 2014-2022

CHAPTER 6 COMPANY PROFILE
6.1 Autoliv
6.1.1 Company Overview
6.1.2 Company Snapshot
6.1.3 Operating Business Segments
6.1.4 Business Performance
6.1.5 Key Strategic Moves And Developments
6.2 Delphi Automotive
6.2.1 Company Overview
6.2.2 Company Snapshot
6.2.3 Operating Business Segments
6.2.4 Business Performance
6.2.5 Key Strategic Moves And Developments
6.3 Takata Corporation
6.3.1 Company Overview
6.3.2 Company Snapshot
6.3.3 Operating Business Segments
6.3.4 Business Performance
6.3.5 Key Strategic Moves And Developments
6.4 TRW Automotive
6.4.1 Company Overview
6.4.2 Company Snapshot
6.4.3 Operating Business Segments
6.4.4 Business Performance
6.4.5 Key Strategic Moves And Developments
6.5 Robert Bosch GmbH
6.5.1 Company Overview
6.5.2 Company Snapshot
6.5.3 Operating Business Segments
6.5.4 Business Performance
6.5.5 Key Strategic Moves And Developments
6.6 Denso Corporation
6.6.1 Company Overview
6.6.2 Company Snapshot
6.6.3 Operating Business Segments
6.6.4 Business Performance
6.6.5 Key Strategic Moves And Developments
6.7 Toyoda Gosei Corporation
6.7.1 Company Overview
6.7.2 Company Snapshot
6.7.3 Operating Business Segments
6.7.4 Business Performance
6.7.5 Key Strategic Moves And Developments
6.8 Neaton Auto Products Manufacturing Incorporation
6.8.1 Company Overview
6.8.2 Company Snapshot
6.8.3 Operating Business Segments
6.8.4 Business Performance
6.8.5 Key Strategic Moves And Developments
6.9 Key Safety Systems
6.9.1 Company Overview
6.9.2 Company Snapshot
6.9.3 Operating Business Segments
6.9.4 Business Performance
6.9.5 Key Strategic Moves And Developments
6.10 Continental AG
6.10.1 Company Overview
6.10.2 Company Snapshot
6.10.3 Operating Business Segments
6.10.4 Business Performance
6.10.5 Key Strategic Moves And Developments
Note: Product cover images may vary from those shown
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Airbag Market Report, forecasts that the global market is expected to garner $37.3 billion by 2022, registering a CAGR of 9.4% during the forecast period 2016 - 2022.In 2015, Asia-Pacific contributed a major market share, in terms of revenue, owing to growth in the automobile sector and rise in disposable income of consumers.

Passive safety features in automobiles is a prime factor as far as occupants protection is concerned. These features consist of airbags that play a crucial role to reduce the impact of collisions at the time of accidents. The global airbag market is expected to witness significant growth, owing to the increase in consumer awareness towards vehicle safety, use of advanced technology in automotive safety, and growth in the automobile sector. Strict government regulations in India, Germany, and UK about safety features in automobiles are expected to fuel the market growth. However, high replacement cost of airbags and use of enhanced substitute technology for occupant safety are anticipated to hinder this growth.

The market is segmented by module into inflator or gas generator and air bag segments. Inflator or gas generator is expected to hold the largest market share; however, air bag is anticipated to grow at a significant rate in the future.

By type, front and side airbags together comprised around 85% of the global market share in 2015. In the same year, front airbag generated the highest revenue, as it is the major passive safety component of automobiles installed in steering wheel and the front side of passenger to protect the head and chest. Knee and curtain airbags are expected to witness significant growth during the forecast period.

In 2015, Asia-Pacific generated the highest revenue, with over 30% of the global market share, owing to rise in awareness about safety and increase in technological advancements in passive safety components of vehicles.

The key players profiled in the report include Autoliv (Sweden), Delphi Automotive (UK), Takata Corporation (Japan), TRW Automotive (U.S.), Robert Bosch GmbH (Germany), Denso Corporation (Japan), Toyoda Gosei Corporation (Japan), Neaton Auto Products Manufacturing Incorporation (U.S.), Key Safety Systems (U.S.), and Continental AG (Germany).

Key findings of Airbag Market

Front and side airbag segments together comprised around 85% of the global market share in 2015.
Knee and curtain airbag segments are expected to witness significant growth during the forecast period.
Inflator or gas generator is expected to hold the largest market share; however, air bag is anticipated to show significant growth rate in the coming years.
Asia-Pacific generated the highest revenue, with over 30% of the global market share.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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