Automotive Side Airbag Market

Automotive Side Airbag Market by Product Types (Side airbag, Knee airbag, Rear airbag, Pedestrian airbag) by Application (Passenger Car, Commercial Vehicle) , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa): Global Market Assessment, 2021 – 2028

Frequently Asked Questions

  • What is the global demand for Automotive Side Airbag in terms of revenue?

    The global Automotive Side Airbag valued at 24.35 Billion in 2020 and is expected to reach 37.12 Billion in 2028 growing at a CAGR of 5.41%%

  • Which are the prominent players in the market?

    The prominent players in the market are Toyoda Gosei Co Ltd., East Joy Long Motor Airbag, Daicel Corporation, Porcher Industries SA, Neaton Auto Products Manufacturing, Hyundai Mobis, Key Safety Systems, Denso Corporation, TRW Automotive Holdings, Delphi Automotive Plc, ZF Friedrichshafen AG, Robert Bosch GMBH, Autoliv, Takata Corporation..

  • At what CAGR is the market projected to grow within the forecast period?

    The market is project to grow at a CAGR of 5.41%% between 2021 and 2028.

  • What are the driving factors fueling the growth of the market.

    The driving factors of the Automotive Side Airbag include

    • The implementation of regulations by government authorities for vehicle safety is expected to augment the global automotive side airbags market. Additionally, automotive manufactures are launching vehicle models with dual airbags that provide safety to both driver and front-seat passengers. Moreover, the governments are continuously accentuating on safety and growing awareness among the consumers has forced the automakers to introduce the safety equipment in the vehicle. Thus, the growing adoption and awareness about safety are expected to boost the automotive side airbag market in the forecast period.
    • The demand for efficient driving is increasing enormously as the buying power of customers is increasing across the globe. With rise in adoption of premium vehicles, the manufacturers are continually improving the quality of their safety products. By improving the thermal properties of the airbags system inflates the significantly higher volume of air for offering superior protection during the event of a crash. Moreover, the airbag fabric requires withstanding this heat without tearing. The thin layer of coating material such as silicone and neoprene will protect the fabric from the heat on account of excellent thermal resistance properties. The growing demand for premium vehicles.

  • Which region accounted for the largest share in the market?

    Asia Pacific was the leading regional segment of the Automotive Side Airbag in 2020.

Request Sample Buy Now