Inflating Safety: Unveiling the Projected CAGR of the Automotive Airbag Market by 2029
Automotive Airbag Market Overview:
Maximize Market Research's global Automotive Airbag Market research report offers a comprehensive analysis of the latest market trends, applications, analysis, growth, and forecast for the period 2021-2029. The report predicts that the Automotive Airbag Market will witness a CAGR of XX percent in terms of value over the forecast period. It provides an in-depth analysis, revenue statistics, and other crucial data pertaining to the global Automotive Airbag Market industry. Additionally, the report covers various trends, drivers, limitations, opportunities, and threats that the market may encounter during the forecast period. The research includes financials, supply chain trends, technological advancements, and significant developments of leading competitors in the industry. It also sheds light on future strategies, acquisitions & mergers, and the market footprint of key players.
Automotive Airbag Market size was valued at US$ 12.79 Bn. in 2022 and the total revenue is expected to grow at 10.11 % through 2022 to 2029, Automotive Airbag Market is reaching nearly US$ 25.10 Bn. by 2029.
Automotive Airbag Market Scope:
The Global Automotive Airbag Market research report encompasses crucial statistics and analytical insights to facilitate a comprehensive understanding of market size, market share, growth, trends, demand, top players, industry profiles, opportunities, value cycle, end-users, types, and applications. The research also highlights potential opportunities in micro markets for stakeholders to invest in, along with a detailed analysis of the competitive landscape and product offerings of significant competitors.
The qualitative and quantitative data presented in the Automotive Airbag Market study enables decision-makers to discern the market segments and regions expected to exhibit higher growth rates, identify factors influencing the market, and identify key areas of opportunity. The report also encompasses the competitive landscape of key players in the industry, along with emerging trends in the Automotive Airbag Market .
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Segmentation:
The market is divided into Passenger Cars (PC), Light Commercial Vehicles (LCV), Buses, and Trucks based on the type of vehicle. In 2022, the market will be led by the passenger car category. A specified amount of head and chest protection, as well as soft material to cushion, are required by side-impact requirements. Curtain airbags are appropriate in all vehicles, especially luxury passenger cars, for this kind of incident. As a result, in the years to come, demand for curtain-based airbags made of nylon will soar. Over 1.35 million people die each year as a result of car accidents, with the bulk of these fatalities taking place in low- and middle-income countries, according to a World Health Organisation research. As a result, curtain airbag usage has significantly increased during the past ten years.
The market is divided into four types of airbags based on type: front airbags, side airbags, knee airbags, and curtain airbags. As safety rules for all vehicle types increase, there is a rising need for automobile airbags, particularly curtain airbags. According to the MMR analysis, curtain airbags are probably responsible for a sizable percentage of the vehicle airbag market. To shield the heads and chests of the driver and passengers from all directions of impact, curtain airbags are incorporated into the front, rear, and side pillars. The widespread usage of curtain airbags is being fueled by the rise in popularity of mini-cars, luxury sedans, and heavy-duty rails.
1. Global Automotive Airbag Market ,by Type (2022-2029)
• Front Airbag
• Side Airbag
• Knee Airbag
• Curtain Airbag
2. Global Automotive Airbag Market ,by Vehicle type (2022-2029)
• Passenger Cars (PC)
• Light Commercial Vehicle (LCV)
• Buses
• Trucks
3. Global Automotive Airbag Market ,by Module (2022-2029)
• Inflator or Gas Generator
• Air Bag
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Key Players:
3. ACS Industries, Inc.
4. Advanced Elastomer Systems
5. Am-Safe Commercial Products
6. Amphenol Corporation
7. Analog Devices, Inc.
8. ARC Automotive, Inc.
9. Ashimori Industry Co., Ltd.
10. Calsonic Kansei
11. China National Bluster (Group) Corporation
12. Chukoh Chemical Industries, Ltd.
13. Daicel Chemical Industries Ltd.
14. East Joy Long Airbag Motor Co. Ltd.
15. Gaotian (Shanghai) Automobile Safety Device Co., Ltd.
16. Global Tek (wuxi) Co. Ltd.
17. Fujitsu TEN Ltd.
18. Furukawa Electric
19. Hanwha Group
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Regional Analysis:
The Automotive Airbag Market comprises Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America as its key regions. The Automotive Airbag Market Research analyzes the market's primary geographies, as well as its segments and sub-segments. The market report includes information on the geographic landscape of each region and provides insights into the total market revenue. Additionally, the report features an in-depth analysis of the business chain structure, opportunities, and company profiles to provide a comprehensive understanding of the Automotive Airbag Market .
Key Questions answered in the Automotive Airbag Market Report are:
- What is Automotive Airbag Market ?
- What is the forecast period of the Automotive Airbag Market ?
- What is the competitive scenario of the Automotive Airbag Market ?
- Which region held the largest market share in the Automotive Airbag Market ?
- What are the opportunities for the Automotive Airbag Market ?
- What are the restraining factors in the Automotive Airbag Market ?
- Who are the key players of the Automotive Airbag Market ?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Automotive Airbag Market Automotive Airbag Market
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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