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European Airbag Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

12-16-2020 07:42 AM CET | Logistics & Transport

Press release from: ORION MARKET RESEARCH

European Airbag Market Size, Share, Analysis, Industry Report

European Airbag market is forecast to grow at a CAGR of around 5.5% during the forecast period. Europe is one of the key players for the sales and production of the airbag and automotive. The UK, Germany, Spain, Italy, France are the leading automobile manufacture across the globe. The market share of Europe in the global automotive market is near to 20% however, their cars are more popular due to high comfort and speed in the vehicles.

Request a Free Sample of our European Airbag Market: https://www.omrglobal.com/request-sample/european-airbag-market

As per the International Organization of Motor Vehicle Manufacturers more than 5 million cars were manufactured in Germany in 2018. Due to this, the country is the biggest vehicle manufacturer in Europe followed by France, Russia, and UK in 2018 respectively. The major automotive player having headquarter in Europe are Volkswagen, Daimler, BMW, Robert Bosch, Peugeot, Renault, Volvo, Continental AG, Autoliv, ZF TRW, Delphi Automotive, NXP semiconductor and so on. The airbag is fitted voluntarily by the car manufacturer in most of the cars. The cars have to pass the crash test program and need a maximum rating for the safety of driver and passenger. Hence, automaker installs multiple airbags to get a better safety rating.

A full Report of European Airbag Market is Available at: https://www.omrglobal.com/industry-reports/european-airbag-market

Euro NCAP (The European New Car Assessment Programme) provides a rating to the cars of different segments regarding their safety. It was a program launched by UK Department of Transport. The program has a crash test that provides details of crash protection for the head in side impacts. Continuous suggestions were provided to the organization such as from EEVC (European Battery, Hybrid and Fuel Cell Electric Vehicle Congress) for the improvement of the program so that better safety can be provided to the occupants while traveling. Euro NCAP is backed by seven European governments including France, Germany, Sweden, Netherlands, UK, Luxembourg, Spain, and other consumer groups. Till June 2017 Euro NCAP has tested more than 600 vehicle models.

European Airbag Market Segmentation

By Type

Front Airbag

Side Airbag

Curtain Airbag

Knee Airbag

By Vehicle Type

Passenger Cars

Hatchback

Sedan

SUV

Commercial Vehicle

Regional Analysis

Germany

UK

France

Spain

Italy

Rest of Europe

Company Profiles

Autoliv Inc.

Continental AG

Daicel Corp.

DENSO Corp.

Global Safety Textiles, LLC

Hyundai Mobis Co., Ltd.

Key Safety Systems, Inc.

NXP Semiconductors N.V.

Robert Bosch GmbH

Toyoda Gosei Co., Ltd.

TRW Automotive Holdings Corp.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/european-airbag-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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