Automotive Knee Airbags Market, Share, Size and Industry Forecast till 2022

Reducing the risk of injuries to the knee, hip and thigh during collision, knee airbags play a vital role in safety. Providing an extra layer of security, manufacturers have started applying thin layer of silicone on the airbag to protect it from heat and smooth deployment even after many years. Taking a step forward, manufacturers are providing smart airbag protecting smaller or out-of-position occupants.This Fact.MR report discusses key prospects for growth of global automotive knee airbags market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies.

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Scope

The scope of the report is to analyze the global automotive knee airbags market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive knee airbags manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

In a bid to keep readers up-to-date on the latest developments in the global automotive knee airbags market, the report offers readers a roundup of the latest trends impacting the market. As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.

Considering the wide scope of global automotive knee airbags market, the Fact.MR report provides an in-depth and segment-wise analysis and forecast. The global automotive knee airbags market is segmented on the basis of coating type, yarn type, sales channel, vehicle type and region. Through this section, the report provides country-wise forecast on all the key parameters.

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Forecast Highlights on Global Automotive Knee Airbags Market

1- Europe is expected to be the largest market for automotive knee airbags during the forecast period, 2017-2022. Europe automotive knee airbags market is estimated to reach just over US$ 50 million revenue by the end of 2022.

2- North America is expected to be the second most lucrative market in automotive knee airbags. Owing to the imposition of various in-vehicle safety standards by the government and race among automotive manufacturers to earn top safety ratings is boosting the automotive knee airbags market in North America.

3- Neoprene coated automotive knee airbags are expected to account for nearly three-fourth of the revenue share by the end of 2017. Neoprene coated automotive knee airbags are projected to surpass US$ 100 million revenues towards the end of 2022. Meanwhile, silicone coated automotive knee airbags are also expected to witness robust growth during the forecast period.

4- Compared to polyester automotive knee airbags, nylon automotive knee airbags are expected to experience above-average growth between 2017 and 2022. Nylon airbags are projected to account for more than three-fourth of the revenue share by 2017 end.

5- Sales of automotive knee airbags is expected to be highest through Original Equipment Manufacturers (OEM). By the end of 2022, OEM is projected to reach nearly US$ 150 million revenue.

6- Compact passenger cars are expected to emerge as the largest deployer of automotive knee airbags. Compact passenger cars are estimated to account for nearly one-third of the revenue share by the end of 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global automotive knee airbags market through 2022, which include Takata Corporation, Autoliv Inc., Daicel Corporation, Delphi Automotive Plc, Kolon Industries, Inc., Denso Corporation, Toray Industries, Inc., Hyundai Mobis Co. Ltd, ZF Friedrichshafen AG, and Toyoda Gosei Co., Ltd.

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This release was published on openPR.