Global Automotive Airbag report from Global Insight Services is the single authoritative source of intelligence on Automotive Airbag market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An airbag is a type of safety device in a vehicle that is designed to protect the occupants of the vehicle from serious injury in the event of a collision. Airbags are typically mounted in the steering wheel, passenger seat, and door panels. When a collision occurs, the airbags are deployed and inflate to cushion the impact of the collision.
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Market Segments
The Automotive Airbag Market is segmented by component, seat configuration, and region. By component, the market is divided into airbag inflator, diagnostic monitoring unit, crash sensor, and others. Based on seat configuration, it is bifurcated into single row configuration, lounge configuration, double row configuration, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Automotive Airbag Market includes players such as Aptiv Inc., Autoliv Inc., Calsonic Kansei Corporation (Mareli), Continental AG, Delphi Automotive, Denso Corporation, Hella GmbH & Co. KGaA, Hyundai Mobis Co. Ltd., INVISTA, and Joyson Safety Systems.
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Key Drivers
The major drivers of this market are the stringent government regulations regarding the safety of passengers in vehicles, the increasing awareness among consumers about the importance of airbags, and the technological advancements in airbag systems.
The government regulations regarding the safety of passengers have become more stringent in recent years. This has led to the mandatory installation of airbags in all vehicles. The airbags provide cushioning to the passengers during a collision and thus, reduce the chances of serious injuries.
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