Press release
Automotive Curtain Airbags Market 2020 | Top Business Growing Strategies, Technological Innovation and Emerging Trends of Outlook To 2026 | Autoliv Inc., ZF Friedrichshafen AG, Takata Corporation, Toyoda Gosei Co. Ltd., etc
Rising demand for customer's safety, stringency of safety regulations, increasing sales of luxury vehicles, growing use of passive safety systems will drive the market at a high CAGR during the forecast period.Market Size- USD 3.05 Billion in 2018, Market Growth- CAGR of 4.12%, Market trends- rising awareness and demand for occupant safety, stringent safety regulations, increasing competition among automakers to offer product differentiating factors , North America expected to register the highest market share during the forecast period
The global automotive curtain airbags market was valued at USD 3.05 billion in 2018 and is projected to witness a growth of 4.12% of CAGR during the forecasted period in 2026. Automotive curtain airbags are a side airbag which protects the head of the passenger or river in the collision or accident. The curtain airbags get instantaneously opened when a collision happens. The curtain airbags are deployed at the door rail above the window.
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Key Players like 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), Continental (Germany), Denso Corporation (Japan), Visteon (USA) and others are operating in the burgeoning automotive curtain airbags marketplace
For the purpose of this study, Reports and Data have segmented the industry by Material, by Vehicle Type, by Sales Channel, by Coating and by Region:
Automotive Curtain Airbags by Material (Revenue, USD Million; 2016-2026)
Nylon
Polyester
Automotive Curtain Airbags by Vehicle Type (Revenue, USD Million; 2016-2026)
Passenger vehicles
o Luxury Cars
o Non-Luxury Cars
Commercial vehicles
o LCV
o M&HCV
Automotive Curtain Airbags by Sales Channel (Revenue, USD Million; 2016-2026)
OEM
Aftermarket
Automotive Curtain Airbags by Coating (Revenue, USD Million; 2016-2026)
Coated
o Neoprene
o Silicon
Non-coated
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SOME OF THE KEY GEOGRAPHIES MENTIONED IN THIS REPORT INCLUDE:
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
Further key findings from the report suggest-
The increase in consumer awareness toward vehicle safety features, growth in automobile sector are the significant drivers of the industry.
o The market has higher impact of the increasing number of road accidents and the stricter government regulations around the safety of the vehicle
With major automobile ancillaries wanting to expand their market share, across the globe, every vendor is leveraging new safety features in their products to obtain a greater customer base over time.
o Automotive curtain airbags significantly enhance the safety features offered to the end-customer, and hence are expected to witness technological advancement and development in the duration of the forecast period
High demand for automotive curtain airbags that have more strength and high resistant to heat, chemicals, and oil has led the vendors to provide coated airbags with neoprene.
o Sales of neoprene coated airbags is expected to remain high during the forecast period in the automotive curtain airbag market. Currently, the segment contributes around USD 41 million
North America is holds the top position in the global automotive curtain airbag market and is expected to retain the top position through the forecasted period.
o The US has been the innovative leader of vehicle safety and was the first country to regulate the use of frontal driver airbags in passenger cars.
APAC region is a highly lucrative market and is anticipated to grow saliently over the next few years. The increasing demand in the Chinese market is likely to drive the growth trajectory of the market in the region.
The capital intensive nature of the automotive curtain airbag industry coupled with technical know-how, entry and exit barriers are relatively higher in this industry. Hence, the automotive curtain airbag market is witnessing intense rivalry among airbag module manufacturers
To identify the key trends in the industry, click on the link below:https://www.reportsanddata.com/report-detail/automotive-curtain-airbags-market
In conclusion, Automotive Curtain Airbags Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics and industries to help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure that our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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