Automotive Curtain Airbags Market 2019 Global Trends, Size, Investments, Share, Leading Players, Demand, Growth, Merger, Acquisition, And Regional Forecast To 2023

“\”\”Automotive Curtain Airbags Market\”\””
Automotive Curtain Airbags Market Predicted To Grow At 15.1% CAGR during forecast period of 2019 to 2023, according to Global Automotive Curtain Airbags Market Report: Information by Yarn Type (Nylon, Polyester), Application (Head Curtain, Torso Curtain, Combo), Sales Channel (OEM, Aftermarket), Coating (Neoprene Coated, Silicone Coating, Non-Coated), Vehicle Type and region.

Market Synopsis:

Autoliv Inc. (Sweden), ZF Friedrichshafen AG (Germany), Takata Corporation (Japan), Toyoda Gosei Co., Ltd. (Japan), Ningbo Joyson (China), Ashimori Industry Co., Ltd. (Japan), Nihon Plast Co., Ltd. (Japan).

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The automotive sector continues to witness new waves of disruption in terms of safety assessment where airbags play a crucial role. Automotive curtain airbags are gaining traction as an important automotive safety segment. Both premium and mid-range cars are being installed with such airbags, which has subsequently increased their demand among car manufacturers. In 2017, the global market for automotive curtain airbags stood at USD 3,234.1 Mn and is likely to surpass the USD 4,000 Mn mark by the year 2023, reflecting an above average compound annual growth rate. Curtain airbags are different compared to conventional airbags that offer foreground collision safety to the occupant. Curtain airbags are most effective and functional in the event of a side impact crash. Airbags systems have continued to evolve, becoming instantaneous and efficient. Passive safety system is a key area of focus for carmakers and continues to witness R&D investments of mega scale.

Over time, curtain airbags have proven to be far more superior to traditional airbags in case of rollover accidents as they utilize much more complex crash sensors. As a result, rollover accident activated side airbags which are traditionally designed to supplement seatbelts and decrease the risk of injury in case of ejection have improved in terms of their effectiveness while increasing the demand for the market. With major manufacturers in the automotive industry wanting to expand their customer base, across the globe, they are progressively leveraging additional safety features in their entry level vehicles to obtain a greater market share over time. Curtain airbags in vehicles significantly enhance the safety features offered to the customer, and hence are expected to see increased development in the duration of the forecast period. Moreover, governments across the globe have framed various regulations and introduced programs to create public awareness in the form of safety improvements initiatives from original equipment manufacturers which are expected to increase consumer confidence and indirectly boost the demand passive safety systems in the upcoming forecast period.

Market Segments Analysis:

The segmentation of the market is carried out on the basis of application, yarn type, sales channel, vehicle type, coating type and region. By yarn type, the segmentation of the market comprises of polyester and nylon. By application, the market has been segmented into torso curtain airbags, head curtain airbags, and combo airbags. By sales channel, the market is segmented into aftermarket and OEM.  Among these segments, the OEM segment presently is responsible for a key market share and is anticipated to develop with the highest CAGR. By coating type, the market segmentation comprises for silicone coating, neoprene coated, non-coated and others. Among these segments, the neoprene coated segment presently is responsible for the principal market share and is anticipated to develop at a high CAGR. By vehicle type, the market has been segmented into SUV and crossovers, premium vehicle, commercial vehicle, and hatchback & sedan.

Regional Analysis:

The North American region is controlling the automotive curtain airbags market trailed by the European and Asia Pacific region. The North American region is accountable for the major market share in 2016, shadowed by the European region which is anticipated to develop at a CAGR of 5.13 percent through the forecast period. The North American region is anticipated to control the market in terms of revenue and will gradually grow through the forecast period. In the North American region, U.S. is the main nation that has added to the market. The curtain airbags manufacturers in the U.S. are executing crash tests as per government regulatory framework while giving safety benefits to customers.

 

The Asia Pacific region is the most rapidly growing market of curtain airbag owing to the growing per capita income of consumers, amplified vehicle production in emerging countries such as China and India, and the rise in the number of luxury vehicles in nations such as Japan. The passive safety systems are used to protect passengers in the event of an accident. Therefore, the automotive curtain airbags market in the Asia Pacific region is anticipated to register a CAGR of 5.41 percent during the forecast period.

TABLE OF CONTENTS:

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 RESEARCH OBJECTIVES

2.2.2 ASSUMPTIONS & LIMITATIONS

2.3 MARKETS STRUCTURE

3 MARKET RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 SECONDARY RESEARCH

3.3 PRIMARY RESEARCH

3.4 FORECAST MODEL

4 MARKET LANDSCAPE

4.1 FIVE FORCES ANALYSIS

4.1.1 THREAT OF NEW ENTRANTS

4.1.2 BARGAINING POWER OF BUYERS

4.1.3 BARGAINING POWER OF SUPPLIERS

4.1.4 THREAT OF SUBSTITUTES

4.1.5 SEGMENT RIVALRY

4.2 VALUE CHAIN/SUPPLY CHAIN OF GLOBAL AUTOMOTIVE CURTAIN AIRBAGS MARKET

5 INDUSTRY OVERVIEW OF GLOBAL AUTOMOTIVE CURTAIN AIRBAGS MARKET

5.1 INTRODUCTION

5.2 GROWTH DRIVERS

5.3 IMPACT ANALYSIS

5.4 MARKET CHALLENGES

Continued…

LIST OF TABLES:

TABLE 1 GLOBAL AUTOMOTIVE CURTAIN AIRBAGS MARKET: BY REGION, 2017-2023

TABLE 2 NORTH AMERICA AUTOMOTIVE CURTAIN AIRBAGS MARKET: BY COUNTRY, 2017-2023

TABLE 3 EUROPE AUTOMOTIVE CURTAIN AIRBAGS MARKET: BY COUNTRY, 2017-2023

TABLE 4 ASIA PACIFIC AUTOMOTIVE CURTAIN AIRBAGS MARKET: BY COUNTRY, 2017-2023

TABLE 5 MIDDLE EAST & AFRICA AUTOMOTIVE CURTAIN AIRBAGS MARKET: BY COUNTRY, 2017-2023

TABLE 6 LATIN AMERICA AUTOMOTIVE CURTAIN AIRBAGS MARKET: BY COUNTRY, 2017-2023

Continued…

LIST OF FIGURES:

FIGURE 1 GLOBAL AUTOMOTIVE CURTAIN AIRBAGS MARKET SEGMENTATION

FIGURE 2 FORECAST METHODOLOGY

FIGURE 3 FIVE FORCES ANALYSIS OF GLOBAL AUTOMOTIVE CURTAIN AIRBAGS MARKET

FIGURE 4 VALUE CHAIN OF GLOBAL AUTOMOTIVE CURTAIN AIRBAGS MARKET

FIGURE 5 SHARE OF GLOBAL AUTOMOTIVE CURTAIN AIRBAGS MARKET IN 2017, BY COUNTRY (IN %)

FIGURE 6 GLOBAL AUTOMOTIVE CURTAIN AIRBAGS MARKET, 2017-2023,

FIGURE 7 SUB SEGMENTS OF COMPONENT

FIGURE 8 GLOBAL AUTOMOTIVE CURTAIN AIRBAGS MARKET SIZE BY COMPONENT, 2017

Continued…

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