Press release
Automotive Knee Airbag Systems Market Research Report by Type, by Technology, by End-User - Global Forecast to 2026
The Automotive Knee Airbag Systems Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.Automotive Knee Airbags Market size was valued at USD 57.80 billion in 2020 and is projected to reach USD 95.20 billion by 2026, growing at a CAGR of 4.85% from 2021 to 2026.
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Top Leading Companies of Global Automotive Knee Airbag Systems Market are - Autoliv, Joyson Safety Systems, ZF-TRW, Toyota Gosei, Nihon Plast, Hyundai Mobis, Jin Heng, Ashimori, , and others.
Industry News and Updates:
July 28, 2021: Toyoda Gosei Co., Ltd. has developed a driver-side airbag with a new structure that can more safely protect the occupant
Toyoda Gosei Co., Ltd. has developed a driver-side airbag with a new structure that can more safely protect the occupant. This airbag is used on the new Honda Civic that was launched in North America in June 2021.
Loaded in the center of the steering wheel, driver-side airbags inflate during frontal collisions to mitigate the impact on the driver’s head and chest. In order to more safely protect the occupant during angled frontal collisions, the new airbag uses an innovative donut-shaped structure to cradle and hold the head to reduce rotation. This will help to meet the requirements of new car assessment programs* in North America and elsewhere that are expected to become stricter in the coming years.
Market Overview:
Knee airbags are the most advanced precautionary characteristic rendered in new-generation vehicles. The knee airbag is mounted below the dashboard of the vehicle, to protect the knees of the passenger and driver, which deploys in case of a crash. Moreover, it is provided on the driver’s side only; however, the penetration of the knee airbag is rising significantly for the passenger’s side. Knee airbags are usually composed of nylon fabric and include three basic elements: crash sensor, inflator, and airbag.
Government regulations pertaining to vehicle safety is the crucial aspect of the rise in the market revenue of Automotive Knee Airbags as well as growing demand for safer and more efficient driving experience will foster market growth.
On The Basis of Types:
Single Airbags
Multi Airbags
On The Basis of End Users/Applications:
Passenger Car
Commercial Car
Regional analysis:
The Asia Pacific is expected to hold a notable share of the global Automotive Knee Airbags Market for automotive owing to the high production of the vehicles in the region. China, Japan, and India are key markets in the Asia Pacific, which contribute to the significant share held by the region in the global Automotive Knee Airbags Market for automotive. Europe is another leading market for knee airbags, owing to technological developments and a high rate of adoption of technologies in the region.
Influence of the Automotive Knee Airbag Systems market report:
-Comprehensive assessment of all opportunities and risk in the Automotive Knee Airbag Systems market.
-Automotive Knee Airbag Systems market recent innovations and major events.
-Detailed study of business strategies for growth of the Automotive Knee Airbag Systems market-leading players.
-Conclusive study about the growth plot of Automotive Knee Airbag Systems market for forthcoming years.
-In-depth understanding of Automotive Knee Airbag Systems market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Automotive Knee Airbag Systems market.
Browse Full Report at:
https://www.marketinsightsreports.com/reports/12042487538/global-automotive-knee-airbag-systems-market-growth-2020-2025?Mode=nm
What Are the Market Factors That Are Explained in The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Global Automotive Knee Airbag Systems Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
We Offer Customization on Report Based on Specific Client Requirement:
- Free Country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.
- Free 15% customization equal to 60 analyst hours.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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