Automotive Airbags & Seatbelts Market By Airbag Type (Front, Knee and Side & Curtain), Seatbelts (2-point and 3-point), Vehicle (PC, LCV, Buses and Trucks), Electric Vehicle, Component (Airbag Inflator, ACU and Airbag) and Region - Global Forecast to 2025
Automotive Airbags & Seatbelts Market
Airbags are a type of automobile safety restraint system designed to mitigate injuries in the event of an accident. Airbags are strong fabric bags that are folded and concealed behind various parts inside the vehicle. Passenger safety is a vital concern in the automobile industry. Passive safety systems such as airbags and seatbelts have proven to be very effective in minimizing the risk of injuries in an accident. In developed countries, airbags have become mandatory, while seatbelts are considered to be basic safety features in most vehicles. Legal mandates for passenger safety are playing a key role in making passive safety systems an integral part of passenger cars.
Key Drivers:
- Government regulations pertaining to vehicle safety
- Growing demand for safer and more efficient driving experience
Key Restraints & Challenges:
- Increasing development of active safety systems
- Maintaining balance between cost and quality
Top Players
- ZF Friedrichshafen (Germany)
- Autoliv (Sweden)
- Joyson Safety Systems (US)
- Robert Bosch (Germany)
- Continental (Germany)
- Aptiv (Ireland)
- Denso (Japan)
- Hyundai Mobis (South Korea)
- Toshiba Device Corporation (Japan)
- Toyoda Gosei (Japan)
Other Regional Players
- Infineon Technologies (Germany)
- GWR Safety Systems (US)
- Ashimori Industry (Japan)
- Tokai Rika (Japan)
Use Cases:
- ZF Friedrichshafen - ZF Friedrichshafen is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology. ZF offers airbags and seatbelts under passive safety segment for both passenger cars and commercial vehicles. Over the years the company has established expertise in developing advance airbag technologies that cover frontal and side impact, rollover, rear occupants. In July 2019, ZF developed external airbag to enhance vehicle safety. This external airbag is engineered to soften the blow of the oncoming vehicle minimizing damage. This smart airbag system can deploy once it senses an oncoming impact.
- Autoliv - Established in 1953 and headquartered in Stockholm, Sweden, Autoliv was formed through the merger of the Swedish company Autoliv AB and the US-based Morton Automotive Safety Products, Inc. The company has two operating segments: Passive Safety and Electronics. The passive safety products include airbags, seatbelts, and components, and active safety products include automotive radars, night driving assist, camera-based vision systems, brake controls, and other active safety systems. According to company’s annual report 2019, it has 42% and 41% global market share for airbags and seatbelts respectively. In January 2020, Autoliv announced that it has completed the first unique crash test with a concept airbag for e-scooters. Initial results indicate the e-scooter airbag reduces injuries to an e-scooter rider's head and chest.
- Joyson Safety Systems - Founded in the year 1986, Joyson Safety Systems is headquartered in Michigan, US. The company offers its products under active safety systems and passive safety systems. The company takes the lead in the design, development and manufacturing of auto safety systems including ADAS, airbags, safety belts and steering wheels and other key part. The company offers products to automotive and non-automotive markets worldwide. In April 2018, Joyson Electronics completed its USD 920 million acquisition of Key Safety Systems (US). The acquisition will help enhance the company’s capabilities in developing safety systems.
Airbags & Seatbelts Market Key Technologies:
- Life cell airbags - Autoliv has introduced life cell airbags that provide protection regardless of the position of occupants in vehicles. Once activated in concert with a steering wheel airbag deployment, the life cell airbag resembles a protective cocoon.
- Mix of active and passive systems - Joyson Safety Systems is currently working on smart airbags with an integrated restraints system, a mix of active and passive safety, based on HMI. New advancements in the field of motorized seatbelts and multi-chambered airbags can be expected soon. Usage of these seatbelts are customer specific and enhance crash rating requirement. OEMs targeting a good star rating will install such systems in the near future.
- External pre-crash airbags - ZF has also introduced external pre-crash airbags, designed to be deployed externally from the side of the vehicle. These airbag helps serve as an additional crumple zone in the event of an accident. Tests have shown it can help reduce occupant injury severity by up to 40%. Also, in the future, autonomous vehicles are expected to enhance the traveling experience. ZF designs restraint systems like seatbelts and airbags to help protect occupants by providing flexible seating positions. ZF has designed airbags to adapt to the occupant position and the new degree of freedom in the passenger compartment.
The global automotive airbags & seatbelts market size is estimated to be $28.2 billion in 2020 and is projected to reach $40.4 billion by 2025, at a CAGR of 7.5% during the forecast period. Various advancements in vehicle passive safety systems and increased demand for safer, efficient, and convenient driving experience are driving the market for automotive airbags & seatbelts.
By airbag type, side & curtain airbags are projected to be the fastest-growing segment of the automotive airbags & seatbelts market
Side & curtain airbags provide head & neck protection to passengers in side collision crashes. These airbags are effective and give protection to the occupants in case of a rollover crash. These factors boost the growth of the side & curtain airbags market.
Passenger cars to emerge as the fastest-growing segment of the market
The automotive airbags & seatbelts market has been segmented into passenger cars, light commercial vehicles, buses, and trucks. Passenger cars are estimated to be the fastest-growing segment of the automotive airbags & seatbelts industry, by vehicle. The number of passenger cars is growing at a significant rate in the emerging economies of Asia Pacific. This can be attributed to improved lifestyles, the increased purchasing power of consumers, and the development of infrastructure. Airbags and seatbelts are provided as a standard feature in passenger cars in most of the countries for preventing fatalities due to accidents.
By component, airbags to acquire the largest market share in automotive airbags & seatbelts market
The key function of the airbag cushion is to absorb the impact. Nylon has the most superior capability in energy absorption. The balance between the strength and elongation gives desirable properties for airbag cushion materials. Nylon (polyamide) 6.6 is among the most common fabrics used to weave airbag cushions. Growing safety regulations regarding passive safety systems and advancements in airbag materials are expected to drive the market for airbag cushions in the near future.
Asia Pacific is expected to account for the largest market size during the forecast period
The Asia Pacific region is estimated to dominate the global automotive airbags & seatbelts market, in terms of value, in 2020. Asia Pacific is expected to witness high growth in the near future as it holds a tremendous potential market for vehicle production. Growing concerns over safety and increasing incorporation of safety systems, particularly airbags, in the compact car segment are driving growth in the market.
Key Market Players
The automotive airbags & seatbelts market is dominated by a few globally established players such as Autoliv (Sweden), Joyson Safety Systems (US), ZF Friedrichshafen (Germany), Toyota Gosei (Japan), Hyundai Mobis (South Korea), and Denso (Japan).
Autoliv (Sweden) was formed through the merger of the Swedish company Autoliv AB and the US-based Morton Automotive Safety Products, Inc. The company has two operating segments, namely, Passive Safety and Electronics. In January 2020, Autoliv completed the first unique crash test with a concept airbag for e-scooters. Initial results indicate the e-scooter airbag reduces injuries to an e-scooter rider's head and chest. Moreover, the company has also developed a new front-center airbag that is designed to save lives in side-impact crash situations.
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|
Report Metric |
Details |
|
Market size available for years |
2017–2025 |
|
Base year considered |
2019 |
|
Forecast period |
2020–2025 |
|
Forecast units |
Value (USD Million) and Volume (Thousand Units) |
|
Segments covered |
By Airbags Type, By Seatbelts, By Vehicle, By EV, By Component |
|
Geographies covered |
Asia Pacific, Europe, North America |
|
Companies covered |
The major market players include Autoliv (Sweden), Joyson Safety Systems (US), ZF Friedrichshafen (Germany), Toyota Gosei (Japan), and Hyundai Mobis (South Korea) (Total 24 companies) |
Airbags Type
- Frontal Airbags
- Knee Airbags
- Side & Curtain Airbags
Seatbelts Type
- 2-point Seatbelts
- 3-point Seatbelts
By Vehicle
- Passenger Cars (PC)
- Light Commercial Vehicle (LCV)
- Buses
- Trucks
By Electric Vehicle
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
- Plug-In Hybrid Electric Vehicle (PHEV)
- Fuel Cell Electric Vehicle (FCEV)
By Component
- Airbag Inflator
- Airbag Control Unit
- Airbag
By Region
- Asia Pacific
- Europe
- North America
- Rest of the World
Recent Developments
- In July 2019, ZF developed an external airbag to enhance vehicle safety. This external airbag is engineered to soften the blow of the oncoming vehicle, thereby minimizing damage. This smart airbag system gets deployed once it senses an oncoming impact.
- In February 2018, Hyundai Mobis developed the world’s first panoramic roof airbag. The safety device is designed to prevent occupants from being ejected from the vehicle through the glass roof at the time of a rollover.
- In June 2019, Joyson Safety Systems (“JSS”), announced the formation of a Tri-Party Joint Venture to merge its two joint ventures in India. KSS Abhishek Safety Systems Private Limited (“KSSA”), a joint venture of JSS with Abhishek Industries, is being merged with Takata India Pvt. Ltd (“TIPL”). TIPL is a joint venture between ANAND Group and JSS. The new tri-party joint venture will be called “Joyson ANAND Abhishek Safety Systems Private Limited” (“JAASS”). The merger of the two entities is subject to the approval of the National Company Law Tribunal (NCLT).
- In April 2019, ZF signed an investment agreement with the government of the city of Huadu, Guangzhou. ZF is going to build a new R&D center in Haudu as a base for developing automotive electronics, brakes, steering, safety systems, new energy vehicles, and driverless vehicles.
- In January 2019, Continental added a new assembly line to manufacture airbag control units (ACUs) at its Central Electronics Plant in Bangalore, India.
Critical Questions:
- How will the government mandates impact the overall passive safety system market in the long term?
- What impact will advancements of active safety systems have on the overall automotive airbags & seatbelts market?
- What impact will external airbags have on automotive airbags & seatbelts market?
- What are the upcoming trends in the automotive airbags & seatbelts market? What impact would they make in the coming years?
- What are the key strategies adopted by the leading players in this market?
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 18)
1.1 OBJECTIVES OF THE STUDY
1.2 PRODUCT DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 YEARS CONSIDERED FOR THE STUDY
1.5 PACKAGE SIZE
1.6 LIMITATIONS
1.6.1 LIMITATION FOR PRIMARY INTERVIEW
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 CHANGE IN SCOPE AND CONTENT OF REPORT
2 RESEARCH METHODOLOGY (Page No. - 23)
2.1 RESEARCH DATA
2.2 SECONDARY DATA
2.2.1 KEY SECONDARY SOURCES
2.2.2 KEY DATA FROM SECONDARY SOURCES
2.3 PRIMARY DATA
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS
2.3.2 PRIMARY PARTICIPANTS
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
2.6 ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. - 31)
4 PREMIUM INSIGHTS (Page No. - 34)
4.1 ATTRACTIVE OPPORTUNITIES IN THE AUTOMOTIVE AIRBAGS AND SEATBELTS MARKET
4.2 AUTOMOTIVE AIRBAGS & SEATBELTS MARKET, BY REGION
4.3 MARKET, BY AIRBAG TYPE
4.4 MARKET, BY SEATBELT TYPE
4.5 MARKET, BY VEHICLE TYPE
4.6 MARKET, BY ELECTRIC VEHICLE
4.7 MARKET, BY COMPONENT
5 MARKET OVERVIEW (Page No. - 38)
5.1 INTRODUCTION
5.2 IMPACT OF COVID-19 ON AUTOMOTIVE AIRBAGS AND SEATBELTS MARKET
5.3 MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Government regulations pertaining to vehicle safety
5.3.1.2 Growing demand for safer and more efficient driving experience
5.3.2 RESTRAINTS
5.3.2.1 Increasing development of active safety systems
5.3.3 OPPORTUNITIES
5.3.3.1 Growing demand for electric vehicles
5.3.3.2 Growing demand for pedestrian protection airbags
5.3.4 CHALLENGES
5.3.4.1 Maintaining balance between cost and quality
5.3.4.2 Recalls of multiple vehicle models
5.4 VALUE CHAIN ANALYSIS
5.4.1 PLANNING AND REVISING FUNDS
5.4.2 R&D
5.4.3 MANUFACTURING
5.4.4 ASSEMBLY, SUPPLIER, AND AFTER-SALES SERVICES
5.5 MAJOR PLAYERS IN AIRBAGS AND SEAT-BELTS MARKET ECO-SYSTEM
5.6 AUTOMOTIVE AIRBAGS & SEATBELTS MARKET, SCENARIOS (2020-2025)
5.6.1 MOST LIKELY SCENARIO
5.6.2 OPTIMISTIC SCENARIO
5.6.3 PESSIMISTIC SCENARIO
6 INDUSTRY TREND (Page No. - 48)
6.1 INTRODUCTION
6.2 TECHNOLOGICAL ANALYSIS
6.2.1 LIFE CELL AIRBAGS
6.2.2 MIX OF ACTIVE AND PASSIVE SYSTEMS
6.2.3 EXTERNAL PRE-CRASH AIRBAGS
6.3 AIRBAG AND SEATBELT LIFECYCLE
6.4 REGULATORY OVERVIEW
6.5 PORTER’S FIVE FORCES
7 AUTOMOTIVE AIRBAGS & SEATBELTS MARKET, BY AIRBAG TYPE (Page No. - 51)
7.1 INTRODUCTION
7.1.1 RESEARCH METHODOLOGY
7.1.2 ASSUMPTIONS
7.2 FRONTAL AIRBAGS
7.3 KNEE AIRBAGS
7.4 SIDE/CURTAIN AIRBAGS
8 AUTOMOTIVE AIRBAGS & SEATBELTS MARKET, BY SEATBELT TYPE (Page No. - 58)
8.1 INTRODUCTION
8.1.1 RESEARCH METHODOLOGY
8.1.2 ASSUMPTIONS
8.2 2-POINT SEATBELT
8.3 3-POINT SEATBELT
8.4 FIVE-POINT SEATBELT
8.5 BELT IN SEAT (BIS)
8.6 AUTOMATIC SEATBELT
9 AUTOMOTIVE AIRBAGS & SEATBELTS MARKET, BY VEHICLE TYPE (Page No. - 64)
9.1 INTRODUCTION
9.1.1 RESEARCH METHODOLOGY
9.1.2 ASSUMPTIONS
9.2 BUS
9.3 LIGHT COMMERCIAL VEHICLE (LCV)
9.4 PASSENGER CAR (PC)
9.5 TRUCK
10 AUTOMOTIVE AIRBAGS & SEATBELTS MARKET, BY ELECTRIC VEHICLE (Page No. - 72)
10.1 INTRODUCTION
10.1.1 RESEARCH METHODOLOGY
10.1.2 ASSUMPTIONS
10.2 BATTERY ELECTRIC VEHICLE (BEV)
10.3 FUEL CELL ELECTRIC VEHICLE (FCEV)
10.4 HYBRID ELECTRIC VEHICLE (HEV)
10.5 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV)
11 AUTOMOTIVE AIRBAGS SYSTEM MARKET, BY COMPONENT (Page No. - 79)
11.1 INTRODUCTION
11.1.1 RESEARCH METHODOLOGY
11.1.2 ASSUMPTIONS
11.2 AIR INFLATOR
11.2.1 ADVANCEMENTS IN TECHNOLOGY TO DRIVE MARKET GROWTH
11.3 AIRBAG CONTROL UNIT
11.3.1 INCREASING AWARENESS ABOUT PASSIVE SAFETY TO DRIVE MARKET GROWTH
11.4 AIRBAG
11.4.1 SAFETY REGULATIONS TO DRIVE MARKET GROWTH
12 AUTOMOTIVE AIRBAGS & SEATBELTS MARKET, BY REGION (Page No. - 84)
12.1 INTRODUCTION
12.2 ASIA PACIFIC
12.2.1 CHINA
12.2.1.1 Increasing vehicle production will drive the Chinese market
12.2.2 INDIA
12.2.2.1 Implementation of vehicle passive safety norms will drive the Indian market
12.2.3 JAPAN
12.2.3.1 Strong presence of airbag manufacturers to drive the Japanese market
12.2.4 SOUTH KOREA
12.2.4.1 Adoption of safety programs to drive the South Korean market
12.3 EUROPE
12.3.1 FRANCE
12.3.1.1 Partnerships and collaborations among OEMs and Tier I suppliers will drive the French market
12.3.2 GERMANY
12.3.2.1 Strong presence of auto-ancillary companies to drive the German market
12.3.3 ITALY
12.3.3.1 COVID-19 could have major impact on the Italian market
12.3.4 SPAIN
12.3.4.1 High vehicle production to drive the Spanish market
12.3.5 UK
12.3.5.1 Continuous R&D in vehicle passive safety will drive the UK market
12.4 NORTH AMERICA
12.4.1 CANADA
12.4.1.1 Increasing sales of luxury class vehicles will boost the Canadian market
12.4.2 MEXICO
12.4.2.1 Upcoming safety mandates will boost the Mexican market
12.4.3 US
12.4.3.1 Stringent government safety regulations to drive the US market
12.5 REST OF THE WORLD
12.5.1 BRAZIL
12.5.1.1 Government initiatives related to vehicle passive safety to drive the Brazilian market
12.5.2 RUSSIA
12.5.2.1 Investments from major automobile manufacturers will drive the Russian market
12.5.3 SOUTH AFRICA
12.5.3.1 Increase in number of road accident will increase demand for automotive safety systems
13 COMPETITIVE LANDSCAPE (Page No. - 106)
13.1 OVERVIEW
13.2 MARKET RANKING ANALYSIS
13.3 MARKET EVALUATION FRAMEWORK
13.4 REVENUE ANALYSIS OF TOP 3 MARKET PLAYERS
13.5 COMPETITIVE LEADERSHIP MAPPING
13.5.1 STAR
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE
13.5.4 EMERGING COMPANIES
13.6 WINNERS VS. TAIL-ENDERS
13.7 COMPETITIVE SCENARIO
13.7.1 NEW PRODUCT DEVELOPMENTS
13.7.2 MERGERS & ACQUISITIONS
13.7.3 PARTNERSHIPS/AGREEMENTS/SUPPLY CONTRACTS/ COLLABORATIONS/JOINT VENTURES
13.7.4 EXPANSIONS
14 COMPANY PROFILES (Page No. - 114)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
14.1 ZF FRIEDRICHSHAFEN
14.2 DENSO
14.3 AUTOLIV
14.4 CONTINENTAL
14.5 JOYSON SAFETY SYSTEMS
14.6 APTIV
14.7 ROBERT BOSCH
14.8 HYUNDAI MOBIS
14.9 TOSHIBA DEVICE CORPORATION
14.10 TOYODA GOSEI CO.
14.11 INFINEON TECHNOLOGIES
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
14.12 KEY PLAYERS FROM OTHER REGIONS
14.12.1 NORTH AMERICA
14.12.1.1 GWR Safety Systems
14.12.1.2 Safety Components
14.12.1.3 Telamon
14.12.2 EUROPE
14.12.2.1 Rhodius GmbH
14.12.2.2 PFAFF Industriesysteme und Maschinen GmBH
14.12.2.3 Klippan
14.12.3 ASIA PACIFIC
14.12.3.1 Sumitomo Electric
14.12.3.2 Ashimori Industry
14.12.3.3 Tokai Rika
14.12.3.4 HMT
14.12.3.5 Shivam Narrow Fabrics
14.12.3.6 Goradia
14.12.3.7 THB Group
15 APPENDIX (Page No. - 140)
15.1 KEY INSIGHTS OF INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
15.4 AUTHOR DETAILS
LIST OF TABLES (101 TABLES)
TABLE 1 INCLUSIONS & EXCLUSIONS FOR AUTOMOTIVE AIRBAGS & SEATBELTS MARKET
TABLE 2 GLOBAL REGULATIONS FOR AIRBAGS & SEATBELTS
TABLE 3 MARKET (MOST LIKELY), BY REGION, 2017–2025 (USD MILLION)
TABLE 4 MARKET (OPTIMISTIC), BY REGION, 2017–2025 (USD MILLION)
TABLE 5 MARKET (PESSIMISTIC), BY REGION, 2017–2027 (USD MILLION)
TABLE 6 COUNTRIES AND AIRBAG & SEATBELT REGULATIONS
TABLE 7 AIRBAGS MARKET, BY TYPE
TABLE 8 BY AIRBAG TYPE- MAJOR ASSUMPTIONS
TABLE 9 MARKET, BY AIRBAG TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 10 MARKET, BY AIRBAG TYPE, 2017–2025 (USD MILLION)
TABLE 11 FRONTAL AIRBAGS: MARKET, BY REGION, 2017–2025 (THOUSAND UNITS)
TABLE 12 FRONTAL AIRBAGS: MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 13 KNEE AIRBAGS: MARKET, BY REGION, 2017–2025 (THOUSAND UNITS)
TABLE 14 KNEE AIRBAGS: MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 15 SIDE/CURTAIN AIRBAGS: MARKET, BY REGION, 2017–2025 (THOUSAND UNITS)
TABLE 16 SIDE/CURTAIN AIRBAGS: MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 17 MARKET, BY SEATBELT TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 18 MARKET, BY SEATBELT TYPE, 2017–2025 (USD MILLION)
TABLE 19 BY SEATBELT TYPE- MAJOR ASSUMPTIONS
TABLE 20 2-POINT SEATBELT: MARKET, BY REGION, 2017–2025 (THOUSAND UNITS)
TABLE 21 2-POINT SEATBELT: MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 22 3-POINT SEATBELT: MARKET, BY REGION, 2017–2025 (THOUSAND UNITS)
TABLE 23 3-POINT SEATBELT: MARKET, BY REGION, 2020–2025 (USD MILLION)
TABLE 24 MARKET, BY VEHICLE TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 25 MARKET, BY VEHICLE TYPE, 2017–2025 (USD MILLION)
TABLE 26 BY VEHICLE TYPE- MAJOR ASSUMPTIONS
TABLE 27 BUS: MARKET, BY REGION, 2017–2025 (THOUSAND UNITS)
TABLE 28 BUS: MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 29 LIGHT COMMERCIAL VEHICLE: MARKET, BY REGION, 2017–2025 (THOUSAND UNITS)
TABLE 30 LIGHT COMMERCIAL VEHICLE: MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 31 PASSENGER CAR: MARKET, BY REGION, 2017–2025 (THOUSAND UNITS)
TABLE 32 PASSENGER CAR: MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 33 TRUCK: MARKET, BY REGION, 2017–2025 (THOUSAND UNITS)
TABLE 34 TRUCK: MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 35 MARKET, BY ELECTRIC VEHICLE, 2017–2025 (THOUSAND UNITS)
TABLE 36 MARKET, BY ELECTRIC VEHICLE, 2017–2025 (USD MILLION)
TABLE 37 BY ELECTRIC VEHICLE TYPE- MAJOR ASSUMPTIONS
TABLE 38 BEV: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 39 BEV: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 40 FCEV: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 41 FCEV: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 42 HEV: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 43 HEV: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 44 PHEV: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 45 PHEV: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 46 BY COMPONENT - MAJOR ASSUMPTIONS
TABLE 47 AUTOMOTIVE AIRBAGS SYSTEM MARKET, BY COMPONENT, 2017–2025 (USD MILLION)
TABLE 48 AIR INFLATOR: MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 49 AIRBAG CONTROL UNIT: MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 50 AIRBAG: MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 51 IMPACT OF COVID-19 ON LARGE AUTOMOTIVE MARKETS
TABLE 52 MARKET, BY REGION, 2017–2025 (MILLION UNITS)
TABLE 53 MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 54 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2025 (MILLION UNITS)
TABLE 55 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 56 CHINA: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 57 CHINA: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 58 INDIA: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 59 INDIA: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 60 JAPAN: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 61 JAPAN: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 62 SOUTH KOREA: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 63 SOUTH KOREA: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 64 EUROPE: MARKET, BY COUNTRY, 2017–2025 (MILLION UNITS)
TABLE 65 EUROPE: MARKET, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 66 FRANCE: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 67 FRANCE: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 68 GERMANY: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 69 GERMANY: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 70 ITALY: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 71 ITALY: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 72 SPAIN: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 73 SPAIN: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 74 UK: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 75 UK: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 76 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2025 (MILLION UNITS)
TABLE 77 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 78 CANADA: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 79 CANADA: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 80 MEXICO: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 81 MEXICO: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 82 US: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 83 US: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 84 ROW: MARKET, BY COUNTRY, 2017–2025 (THOUSAND UNITS)
TABLE 85 ROW: MARKET, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 86 BRAZIL: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 87 BRAZIL: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 88 RUSSIA: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 89 RUSSIA: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 90 SOUTH AFRICA: MARKET, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 91 SOUTH AFRICA: MARKET, BY TYPE, 2017–2025 (USD MILLION)
TABLE 92 NEW PRODUCT DEVELOPMENTS, 2017–2020
TABLE 93 MERGERS & ACQUISITIONS, 2017–2020
TABLE 94 PARTNERSHIPS/SUPPLY CONTRACTS/COLLABORATIONS/JOINT VENTURES
TABLE 95 EXPANSIONS
TABLE 96 ZF - NEW PRODUCT DEVELOPMENT
TABLE 97 ZF - PARTNERSHIPS/COLLABORATIONS/JVS/AGREEMENTS/MERGERS & ACQUISITIONS
TABLE 98 AUTOLIV: KEY FINANCIALS
TABLE 99 APTIV: KEY FINANCIALS
TABLE 100 PRODUCTS OFFERED: APTIV
TABLE 101 ORGANIC GROWTH STRATEGIES (NEW PRODUCT DEVELOPMENTS/EXPANSIONS)
LIST OF FIGURES (56 FIGURES)
FIGURE 1 AUTOMOTIVE AIRBAGS & SEATBELTS MARKET SEGMENTATION
FIGURE 2 CHANGE IN CAGR: PREVIOUS REPORT VS LATEST REPORT, 2020–2025
FIGURE 3 MARKET: RESEARCH DESIGN
FIGURE 4 RESEARCH DESIGN MODEL
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS
FIGURE 6 MARKET: MARKET ESTIMATION
FIGURE 7 GLOBAL MARKET SIZE: BOTTOM-UP APPROACH
FIGURE 8 DATA TRIANGULATION
FIGURE 9 MARKET: MARKET DYNAMICS
FIGURE 10 IMPACT ANALYSIS: MARKET
FIGURE 11 MARKET, BY REGION, 2020 VS. 2025 (USD MILLION)
FIGURE 12 GOVERNMENT REGULATIONS PERTAINING TO VEHICLE SAFETY TO DRIVE THE MARKET, 2020–2025
FIGURE 13 ASIA PACIFIC TO WITNESS THE FASTEST GROWTH, 2020–2025
FIGURE 14 FRONTAL AIRBAGS TO BE THE LARGEST SEGMENT, 2020–2025
FIGURE 15 3-POINT SEATBELT TO BE THE LARGEST SEGMENT, 2020–2025
FIGURE 16 PASSENGER CAR TO BE THE LARGEST SEGMENT, 2020–2025
FIGURE 17 HEV TO BE THE LARGEST SEGMENT, 2020–2025
FIGURE 18 AIRBAG SEGMENT TO BE THE LARGEST, 2020–2025
FIGURE 19 PRODUCT LIFECYCLE FOR AIRBAGS MARKET
FIGURE 20 MARKET: MARKET DYNAMICS
FIGURE 21 AVERAGE SELLING PRICE TREND FOR AIRBAGS COMPONENT
FIGURE 22 VALUE CHAIN ANALYSIS: R&D AND MANUFACTURING PHASES ADD MAXIMUM VALUE
FIGURE 23 AIRBAGS AND SEATBELTS LIFECYCLE
FIGURE 24 MARKET, BY AIRBAG TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 25 BY AIRBAG TYPE - KEY PRIMARY INSIGHTS
FIGURE 26 MARKET, BY SEATBELT TYPE, 2020 VS 2025 (USD MILLION)
FIGURE 27 BY SEATBELT TYPE - KEY PRIMARY INSIGHTS
FIGURE 28 MARKET, BY VEHICLE TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 29 BY VEHICLE TYPE - KEY PRIMARY INSIGHTS
FIGURE 30 MARKET, BY ELECTRIC VEHICLE, 2020 VS. 2025 (USD MILLION)
FIGURE 31 BY ELECTRIC VEHICLE - KEY PRIMARY INSIGHTS
FIGURE 32 AIRBAG TO DOMINATE THE GLOBAL AIRBAGS SYSTEM MARKET DURING THE FORECAST PERIOD
FIGURE 33 BY COMPONENT - KEY PRIMARY INSIGHTS
FIGURE 34 ASIA PACIFIC IS ESTIMATED TO BE THE LARGEST MARKET FOR AUTOMOTIVE AIRBAGS & SEATBELTS MARKET DURING THE FORECAST PERIOD (2020–2025)
FIGURE 35 ASIA PACIFIC: MARKET SNAPSHOT
FIGURE 36 EUROPE: MARKET SNAPSHOT
FIGURE 37 NORTH AMERICA: MARKET SNAPSHOT
FIGURE 38 ROW: MARKET SNAPSHOT
FIGURE 39 MARKET RANKING 2019
FIGURE 40 MARKET EVALUATION FRAMEWORK:
FIGURE 41 MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING
FIGURE 42 KEY DEVELOPMENTS BY LEADING PLAYERS IN THE MARKET, 2017–2020
FIGURE 43 ZF FRIEDRICHSHAFEN
FIGURE 44 ZF FRIEDRICHSHAFEN: SWOT ANALYSIS
FIGURE 45 DENSO: COMPANY SNAPSHOT
FIGURE 46 DENSO: SWOT ANALYSIS
FIGURE 47 AUTOLIV: COMPANY SNAPSHOT
FIGURE 48 AUTOLIV: SWOT ANALYSIS
FIGURE 49 CONTINENTAL: COMPANY SNAPSHOT
FIGURE 50 CONTINENTAL: SWOT ANALYSIS
FIGURE 51 JOYSON SAFETY SYSTEMS: SWOT ANALYSIS
FIGURE 52 COMPANY SNAPSHOT: APTIV
FIGURE 53 ROBERT BOSCH: COMPANY SNAPSHOT
FIGURE 54 HYUNDAI MOBIS: COMPANY SNAPSHOT
FIGURE 55 TOYODA GOSEI: COMPANY SNAPSHOT
FIGURE 56 INFINEON TECHNOLOGIES: COMPANY SNAPSHOT
The study involved four major activities in estimating the size for automotive airbags & seatbelts market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chains through primary research. The bottom-up approach was employed to estimate the overall market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
Various secondary sources have been used in the secondary research process to identify and collect information useful for an extensive study of the global automotive airbags & seatbelts market. The secondary sources referred to for this research study include automotive industry organizations such as the Organisation Internationale des Constructeurs d'Automobiles (OICA); corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and automotive associations. Secondary data has been collected and analyzed to arrive at the overall market size, which is further validated by primary research).
Primary Research
Extensive primary research has been conducted after acquiring an understanding of the automotive airbags & seatbelts market scenario through secondary research. Several primary interviews have been conducted with market experts from both the demand- (vehicle manufacturers) and supply-side (airbag and seatbelt manufacturers and distributors) players across four major regions, namely, North America, Europe, Asia Pacific, and Rest of the World (Brazil and Russia). Approximately 70% and 30% of primary interviews have been conducted from the demand and supply side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in our report.
After interacting with industry experts, we have also conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject-matter expert’s opinions, has led us to the findings as described in the remainder of this report.
Following is the breakdown of primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market size estimation
- The bottom-up approach has been used to estimate and validate the size of the automotive airbags & seatbelts market.
- In this approach, the vehicle production statistics for each vehicle type have been considered at a country and regional level.
- The country-level penetration rate for airbags & seatbelts for each vehicle type as considered under the scope of the study
- Further, average OE Price in USD per country for airbags & seatbelts in each vehicle type has been considered to derive the value market
- Summation of all countries = Regional market size for the market, which further gives global airbags & seatbelts market.
Data Triangulation
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified by primary sources. All parameters said to affect the markets covered in this research study have been accounted for, viewed in extensive detail, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated, enhanced with detailed inputs and analysis from MarketsandMarkets, and presented in the report. The following figure is an illustrative representation of the overall market size estimation process employed for this study.
Report Objectives
- To define, segment, and analyze the global automotive airbags & seatbelts market based on airbag type, seatbelt type, vehicle type, electric vehicle, component, and region
- To analyze and forecast the market size, in terms of volume (000’/million units) and value (USD million/billion), for the market
- To provide a detailed analysis of various factors influencing the market (drivers, restraints, opportunities, and challenges)
- To segment and forecast the automotive airbags market size by airbag type (frontal, side/curtain, and knee airbags)
- To segment and forecast the size of the automotive seatbelt by seatbelt type (2-point and 3-point)
- To segment and forecast the market size by vehicle type (passenger cars, LCV, bus, and truck)
- To segment and forecast the market size, by electric vehicle (BEV, HEV, PHEV, and FCEV)
- To segment and forecast the market size by component (air inflator, airbag, and airbag control unit)
- To forecast the market size in key regions, namely, North America, Europe, Asia Pacific, and the Rest of the World
- To provide a detailed analysis of various forces acting in the market (drivers, restraints, opportunities, and challenges)
- To strategically analyze markets with respect to individual growth trends, future prospects, and contribution to the total market
Available Customizations
MarketsandMarkets offers the following customizations for this market report:
- Additional country-level analysis of automotive airbags & seatbelts market
- Profiling of additional market players (up to 3)
- Country-level analysis of EV and Off-Highway Segment
Growth opportunities and latent adjacency in Automotive Airbags & Seatbelts Market
I want to understand the details and products covered under Airbag and Seat belts for India. Also will you give data for India only.
Working on a story about the growing airbag manufacturing opportunity in India. Grateful if you could please share a copy of this report. Thanks
We are a spring maker, so any information about components is helpful. Also, any forecast information by company and region through 2020 is of interest to us.
We are interested in information about capacity, market share and product volume regarding as air bag and seat belt.