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PUBLISHER: IMARC | PRODUCT CODE: 1390517
PUBLISHER: IMARC | PRODUCT CODE: 1390517
Airbag Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 141 Pages
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Abstract
The global airbag market size reached US$ 29.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 48.1 Billion by 2028, exhibiting a growth rate (CAGR) of 8.31% during 2022-2028.
Airbags are designed to inflate and deflate promptly and protect occupants during a collision. They receive signals from sensors when the vehicle is suddenly deaccelerated to slow down the passenger's forward motion. They assist in minimizing the impact of a collision and reduce driver fatalities and serious head injuries in frontal crashes. Nowadays, leading manufacturers are introducing vehicles with side airbags (SABs) to reduce serious chest injuries in side-impact collisions. They are also offering side-curtain and knee airbags to significantly reduce the risk of injuries on the knees, thighs, and hips.
Airbag Market Trends:
A significant rise in the sales of passenger vehicles around the world on account of inflating income levels and rapid urbanization represents one of the primary factors influencing the demand for airbags. Moreover, according to the World Health Organization, around 1.3 million people die every year due to road traffic injuries. As a result, governing agencies of numerous countries are mandating the installation of airbags in vehicles. Besides this, the increasing awareness among individuals about vehicle safety is also contributing to the market growth. Furthermore, several automotive manufacturers are focusing on installing heavy-duty trucks with airbags to improve the safety of truck drivers. The escalating use of commercial trucks to transport cargo, from food to heavy machinery, is also impelling the growth of the market. Apart from this, the leading market players are developing advanced airbags, such as a front center for far-side impact collisions and using durable and highly engineered textiles to expand their consumer base. They are also introducing inflators that meet stringent government regulations and customer requirements worldwide, which is creating a favorable market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global airbag market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, module, vehicle type and sales channel.
Breakup by Type:
Frontal Airbag
Knee Airbag
Side Airbag
Curtain Airbag
Others
Breakup by Module:
Inflator or Gas Generator
Air Bag
Crash Sensors
Breakup by Vehicle Type:
Passenger Vehicle
Commercial Vehicle
Breakup by Sales Channel:
Original Equipment Manufacturers
Aftermarkets
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Autoliv Inc., Continental AG, Daicel Corporation, DENSO Corporation, Hyundai Motor Group, Joyson Safety Systems (Ningbo Joyson Electronic Corp.), Neaton Auto Products Manufacturing Inc. (Nihon Plast Co. Ltd.), Robert Bosch GmbH, TOYODA GOSEI Co. Ltd. and ZF Friedrichshafen AG.
Key Questions Answered in This Report:
- How has the global airbag market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global airbag market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the module?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the sales channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global airbag market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A4283
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Airbag Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Frontal Airbag
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Knee Airbag
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Side Airbag
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Curtain Airbag
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Module
- 7.1 Inflator or Gas Generator
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Air Bag
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Crash Sensors
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Vehicle Type
- 8.1 Passenger Vehicle
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Commercial Vehicle
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Sales Channel
- 9.1 Original Equipment Manufacturers
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Aftermarkets
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Autoliv Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Continental AG
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Daicel Corporation
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 DENSO Corporation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Hyundai Motor Group
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Joyson Safety Systems (Ningbo Joyson Electronic Corp.)
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Neaton Auto Products Manufacturing Inc. (Nihon Plast Co. Ltd.)
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Robert Bosch GmbH
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 SWOT Analysis
- 15.3.9 TOYODA GOSEI Co. Ltd.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.10 ZF Friedrichshafen AG
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 SWOT Analysis
- 15.3.1 Autoliv Inc.
Product Code: SR112023A4283
List of Figures
- Figure 1: Global: Airbag Market: Major Drivers and Challenges
- Figure 2: Global: Airbag Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Airbag Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Airbag Market: Breakup by Type (in %), 2022
- Figure 5: Global: Airbag Market: Breakup by Module (in %), 2022
- Figure 6: Global: Airbag Market: Breakup by Vehicle Type (in %), 2022
- Figure 7: Global: Airbag Market: Breakup by Sales Channel (in %), 2022
- Figure 8: Global: Airbag Market: Breakup by Region (in %), 2022
- Figure 9: Global: Airbag (Frontal Airbag) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Airbag (Frontal Airbag) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Airbag (Knee Airbag) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Airbag (Knee Airbag) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Airbag (Side Airbag) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Airbag (Side Airbag) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Airbag (Curtain Airbag) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Airbag (Curtain Airbag) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Airbag (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Airbag (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Airbag (Inflator or Gas Generator) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Airbag (Inflator or Gas Generator) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Airbag (Air Bag) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Airbag (Air Bag) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Airbag (Crash Sensors) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Airbag (Crash Sensors) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Airbag (Passenger Vehicle) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Airbag (Passenger Vehicle) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Airbag (Commercial Vehicle) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Airbag (Commercial Vehicle) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Airbag (Original Equipment Manufacturers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Airbag (Original Equipment Manufacturers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Airbag (Aftermarkets) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Airbag (Aftermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: North America: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: North America: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: United States: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: United States: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Canada: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Canada: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Asia-Pacific: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Asia-Pacific: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: China: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: China: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Japan: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Japan: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: India: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: India: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: South Korea: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: South Korea: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Australia: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Australia: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Indonesia: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Indonesia: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Others: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Others: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Europe: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Europe: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Germany: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Germany: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: France: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: France: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: United Kingdom: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: United Kingdom: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Italy: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Italy: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Spain: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Spain: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Russia: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Russia: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Others: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Others: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Latin America: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Latin America: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Brazil: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Brazil: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Mexico: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Mexico: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Others: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Others: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Middle East and Africa: Airbag Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Middle East and Africa: Airbag Market: Breakup by Country (in %), 2022
- Figure 81: Middle East and Africa: Airbag Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Global: Airbag Industry: SWOT Analysis
- Figure 83: Global: Airbag Industry: Value Chain Analysis
- Figure 84: Global: Airbag Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Airbag Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Airbag Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Airbag Market Forecast: Breakup by Module (in Million US$), 2023-2028
- Table 4: Global: Airbag Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
- Table 5: Global: Airbag Market Forecast: Breakup by Sales Channel (in Million US$), 2023-2028
- Table 6: Global: Airbag Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Airbag Market: Competitive Structure
- Table 8: Global: Airbag Market: Key Players
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