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India Car Airbag Market Poised for Significant Growth, Expected to Reach $2.23 Billion by 2026

07-05-2024 02:19 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Car Airbag Market

Car Airbag Market

๐ˆ๐ง๐๐ข๐š ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐จ๐ซ ๐ƒ๐ž๐œ๐ซ๐ž๐š๐ฌ๐ž ๐Ÿ๐จ๐ซ ๐ฐ๐ก๐š๐ญ ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ฌ ?

๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐‚๐Ž๐•๐ˆ๐ƒ-19 ๐จ๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

The report also analyzes the impact of the COVID-19 lockdown on the market's revenue, highlighting the varied effects across different regions and segments. This comprehensive analysis aids decision-makers in formulating both short-term and long-term strategies tailored to regional market dynamics.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

โ€ข Rise in Road Accidents: The increasing number of road accidents has significantly boosted the demand for passenger car airbags in India.
โ€ข Government Regulations: The Indian government has mandated the installation of airbags in all new cars, further driving market growth. Since October 2017, all new car models must undergo crash tests, and from October 2018, manufacturers are required to equip all models with airbags and anti-lock braking systems (ABS) as standard.

๐Š๐ž๐ฒ ๐Œ๐ข๐ฅ๐ž๐ฌ๐ญ๐จ๐ง๐ž๐ฌ:

โ€ขThe UK-based New Car Assessment Programme (NCAP) conducted crash tests in 2013, revealing that many best-selling models in India failed to meet safety standards. This led to the creation of the Bharat New Vehicle Safety Assessment Program (BNVSAP).
โ€ข A government notification mandates ABS in all new models with engine sizes above 125cc from April 2018, with a deadline of April 2019 for existing models.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

In 2014-15, 30% of vehicles sold in India had airbags.
By 2017, this figure had increased to 60-70%.
The goal is to achieve 100% airbag installation in all vehicles by 2020.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐›๐ฒ ๐œ๐ฅ๐ข๐œ๐ค๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐: https://www.maximizemarketresearch.com/request-sample/17161/

๐ˆ๐ง๐๐ข๐š ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐€๐†๐‘ ๐„๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ข๐จ๐ง:

In a notable development for the automotive industry, the India car airbag market is projected to reach $2.23 billion by 2026, growing at a compound annual growth rate (CAGR) of 2.2% during the forecast period. This growth is largely driven by an increase in the number of road accidents and stringent government regulations aimed at enhancing vehicle safety.

๐ˆ๐ง๐๐ข๐š ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐ˆ๐ง๐๐ข๐š ๐‚๐š๐ซ ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐“๐ฒ๐ฉ๐ž:

โ€ข Passenger Cars.
โ€ข Commercial Vehicles.

๐ˆ๐ง๐๐ข๐š ๐‚๐š๐ซ ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐€๐ข๐ซ๐›๐š๐  ๐“๐ฒ๐ฉ๐ž:

โ€ข Front Airbag
โ€ข Knee Airbag
โ€ข Side Airbag
โ€ข Curtain Airbag

๐ˆ๐ง๐๐ข๐š ๐‚๐š๐ซ ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ ๐“๐ฒ๐ฉ๐ž:

โ€ข Nylon 66
โ€ข Polyster

๐ˆ๐ง๐๐ข๐š ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐‚๐š๐ญ๐ž๐ ๐จ๐ซ๐ฒ:

โ€ข OEM
โ€ข Aftermarket

๐ˆ๐ง๐๐ข๐š ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The Maximize Market Research report assists clients in gaining a comprehensive understanding of the competitive landscape, serving as a valuable resource for strategic planning purposes. The comprehensive India Airbag market overview furnishes extensive information regarding market size, trade statistics, prominent participants, and a range of market indicators, encompassing aspects such as life cycle, prevailing trends, and more.

๐ˆ๐ง๐๐ข๐š'๐ฌ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐›๐ข๐ฅ๐ž ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ

There are numerous competitors in the Indian car airbag market. Leading companies in the Indian car airbag market are focusing on creating new technologies that will help the sector operate with the least amount of time and money spent on it. Regarding the Indian car airbag market, there have been a lot of technological advancements in recent years. These advancements will support industry growth and bolster competitiveness. The research includes a thorough analysis of mergers and acquisitions, strategic alliances, new competitors, and acquisitions in the India car airbag market.

๐…๐จ๐ซ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐œ๐ฅ๐ข๐œ๐ค ๐ญ๐ก๐ž ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/17161/

๐ˆ๐ง๐๐ข๐š ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž & ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:

The competitive landscape of the India Airbag market encompasses aspects like technology adoption, financial strength, portfolio, mergers and acquisitions, joint ventures, and strategic alliances. A comprehensive report delves into the drivers, limitations, opportunities, and challenges inherent in the India Airbag market. The report employed a bottom-up approach to ascertain India Airbag market estimations and growth rates.

To gain insights into India Airbag market penetration, pricing dynamics, demand analysis, and competitive panorama, the report executed regional analysis at local, regional, and global levels. Essential details about the India Airbag market, including stakeholders, investors, and new entrants, are presented to facilitate the development of marketing strategies and investment plans.

Both primary and secondary data gathering techniques were employed for the India Airbag Market. Primary approaches involved surveys, questionnaires, and interviews with industry leaders and business proprietors, while secondary data encompassed sources like press releases, annual and financial reports, white papers, etc. SWOT analysis was leveraged to pinpoint market vulnerabilities and weaknesses, while the PORTER framework was applied to gauge industry competitiveness within the India Airbag Market.

๐ˆ๐ง๐๐ข๐š ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

โ€ข Takata
โ€ข Autoliv
โ€ข TRW
โ€ข Toyoda Gosei
โ€ข Delphi Automotive
โ€ข Robert Bosch GmbH
โ€ข Denso Corporation
โ€ข Continental AG
โ€ข Key Safety Systems
โ€ข Hyundai Mobis Co. Ltd
โ€ข Autoliv India Private Limited
โ€ข Rane TRW Steering Systems Limited
โ€ข Mobis India Limited
โ€ข Ashimori India Private Limited
โ€ข Daicel Chiral Technologies India Private Limited
โ€ข Hyosung Corporation India Private Limited
โ€ข Porcher Industries
โ€ข Toray Industries India Private Limited.
โ€ข ZF Friedrichshafen

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐Ÿ๐จ๐ซ ๐š ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ž๐ฑ๐ฉ๐ฅ๐š๐ง๐š๐ญ๐ข๐จ๐ง: https://www.maximizemarketresearch.com/market-report/india-car-airbag-market/17161/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š ๐€๐ข๐ซ๐›๐š๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What is India Airbag?
What is the growth rate of the India Airbag Market?
Which are the factors expected to drive the India Airbag market growth?
What are the different segments of the India Airbag Market?
What are the factors restraining the growth of the India Airbag Market?
What is the demand pattern of the India Airbag Market?
What major challenges could the India Airbag Market face in the future?
๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Global Automotive Emission Test Equipment Market https://www.maximizemarketresearch.com/market-report/global-automotive-emission-test-equipment-market/116275/

โ™ฆ Global Automotive Glazing Market https://www.maximizemarketresearch.com/market-report/global-automotive-glazing-market/33617/

โ™ฆ Global High Performance Wheels Market https://www.maximizemarketresearch.com/market-report/global-high-performance-wheels-market/82260/

โ™ฆ Global Connected Ship Market https://www.maximizemarketresearch.com/market-report/global-connected-ship-market/116242/

โ™ฆ Global Pneumatic Tire Market https://www.maximizemarketresearch.com/market-report/global-pneumatic-tire-market/13610/

โ™ฆ Global Automotive Lubricants Aftermarket Market https://www.maximizemarketresearch.com/market-report/global-automotive-lubricants-aftermarket-market/25170/

โ™ฆ Global High Voltage Battery Market https://www.maximizemarketresearch.com/market-report/global-high-voltage-battery-market/24900/

โ™ฆ Global Agriculture Testing Services Market https://www.maximizemarketresearch.com/market-report/global-agriculture-testing-services-market/15135/

โ™ฆ Global CNC Controller Market https://www.maximizemarketresearch.com/market-report/global-cnc-controller-market/55680/

โ™ฆ Global Lifting Columns Market https://www.maximizemarketresearch.com/market-report/global-lifting-columns-market/21849/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com

+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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