Global Automotive Curtain Airbags Market, By Application (Torso Curtain Airbags, Head Curtain Airbags, Combo Curtain Airbags), End-User (OEM, Aftermarket), Vehicle Type (Passenger Cars (Hatchback, Sedan, Sports Utility Vehicles, and Other Passenger Cars), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Automotive Curtain Airbags Market
The automotive curtain airbags market will reach at an estimated value of 21.97 billion and grow at a CAGR of 9.55% in the forecast period of 2021 to 2028. Growing consumer awareness to adopt vehicle safety features is an essential factor driving the automotive curtain airbags market.
Automotive curtain airbags have different working functions compared to conventional airbags that offer foreground collision safety to the driver and passenger. Curtain airbags have higher effectiveness in a side-impact crash and are in high demand by the consumers due to rise in the accidents.
Rise in the number of road accidents has led to the mandatory installation of airbags by the OEMs is a crucial factor accelerating the market growth, also increase in the airbags adoption coupled with development of new iterations of airbags design and technology, increase in the presence of trade markets and automotive distributors, rise in the growth in commercial vehicle sales and increase in the updates in stringent vehicle safety norms and test are the major factors among others boosting the automotive curtain airbags market. Moreover, rise in the technological advancements and modernization in the production techniques and rise in the research and development activities in the market will further create new opportunities for automotive curtain airbags market in the forecast period mentioned above.
However, rise in the risk of injury and product reliability issues is the major factor among others restraining the market growth, and will further challenge the automotive curtain airbags market in the forecast period mentioned above.
This automotive curtain airbags market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive curtain airbags market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Curtain Airbags Market Scope and Market Size
The automotive curtain airbags market is segmented on the basis of application, end-user and vehicle type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of application, the automotive curtain airbags market is segmented into torso curtain airbags, head curtain airbags, and combo curtain airbags.
- Based on end-user, the automotive curtain airbags market is segmented into OEM and aftermarket.
- The automotive curtain airbags market is also segmented on the basis of vehicle type into hatchback, sedan, sports utility vehicles, and other passenger cars.
Automotive Curtain Airbags Market Scope Country Level Analysis
The automotive curtain airbags market is analysed and market size, volume information is provided by country, application, end-user and vehicle type as referenced above.
The countries covered in the automotive curtain airbags market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the automotive curtain airbags market due to increase in the airbags adoption coupled with development of new iterations of airbags design and technology and increase in the presence of trade markets and automotive distributors in this region.
The country section of the automotive curtain airbags market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Curtain Airbags Market Share Analysis
The automotive curtain airbags market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive curtain airbags market.
The major players covered in automotive curtain airbags market report are Continental AG, BorgWarner Inc, TOYODA GOSEI Co., Ltd, DENSO CORPORATION, Robert Bosch GmbH, Visteon Corporation, Nihon Plast Co., Ltd and Ashimori Industry;Co., Ltd among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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