1. Market Research
  2. > Automotive
  3. > Motor Vehicle Market Trends
Automotive Airbags & Seatbelts Market By Airbag Type, Seatbelts, Vehicle, Electric Vehicle, Component and Region - Global Forecast to 2025

Automotive Airbags & Seatbelts Market By Airbag Type, Seatbelts, Vehicle, Electric Vehicle, Component and Region - Global Forecast to 2025

  • May 2020
  • 148 pages
  • ID: 5396431
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

Growing government regulations pertaining to vehicle safety and increasing demand for a safer, efficient, and convenient driving experience are set to drive the automotive airbags & seatbelts market.

The global automotive airbags & seatbelts market size is estimated to be USD 28.2 billion in 2020 and is projected to reach 40.4 billion by 2025, at a CAGR of 7.5% during the forecast period. The market has a promising growth potential due to several factors, including the stringent safety regulations on vehicle safety across the globe, increasing demand for a safe, efficient, & convenient driving experience, and rising disposable income in emerging economies.

Active safety systems minimize the chances of accidents before they even occur.Anti-lock braking systems (ABS), lane departure warning systems (LDWS), automatic emergency braking (AEB), blind-spot detection (BSD), and forward-collision warning (FCW) are some of the standard active safety systems.

On the other hand, passive safety systems are used to protect passengers in the event of an accident. Since active safety systems help prevent vehicle crashes, the increasing development of these systems across the globe is expected to impact the market negatively for passive safety systems, such as airbags and seatbelts, in the coming years.
The recent COVID-19 pandemic is expected to impact the global automotive industry.The entire supply chain is disrupted due to a limited supply of parts.

For instance, Hubei province in China accounts for 8 -10% of the Chinese auto production and is severely impacted by pandemic.China suppliers around the globe placed production lines on halt or shut them down completely.

Also, legal and trade restrictions, such as sealed borders, increase the shortage of required parts. Such disruption in the supply chain is expected to affect the assembly of OEMs in Europe and North America.
Side & curtain airbags: The fastest-growing segment of the automotive airbags & seatbelts market, by airbags type “
Side & curtain airbags are the fastest-growing segment of the automotive airbags & seatbelts industry, by airbags type.Side airbags are designed to help protect an adult’s chest in a serious side-impact crash.

These are mounted on the side of the seat or the door, or usually on the roof rail above the side windows.In the event of a side-impact crash, curtain airbags are used to protect an adult’s head.

According to the Insurance Institute for Highway Safety, head-protecting side airbags reduce driver fatality risk by 45%. This effectiveness will help to grow the side & curtain airbags market in the near future.
3-point seatbelts: The largest growing seatbelt type of the automotive airbags & seatbelts market.
The 3-point seatbelt is estimated to be the fastest-growing segment of the automotive airbags & seatbelts industry, by seatbelt type. 3-point seatbelts are effective at reducing fatalities for the driver as well as passengers in vehicles. The governments of various counties have mandated the use of 3-point seatbelts in the vehicle. Their effectiveness over 2-point seatbelts helps to drive the 3-point seatbelts market.

Asia Pacific: The fastest-growing region in the automotive airbags & seatbelts market.

The Asia Pacific region is estimated to dominate the automotive airbags & seatbelts industry and is projected to grow at the highest CAGR during the forecast period.The market growth in this region can be attributed to the improving socio-economic conditions in emerging economies such as China and India.

The increasing number of road accidents and increased consumer concern over safety is also driving the market in the region.

BREAKDOWN OF PRIMARIES
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type– Tier 1- 33%, Tier 2- 47% Tier 3 - 20%
• By Designation— C level - 40%, Managers & Other Level - 60%
• By Region— North America - 25%, Europe - 35%, Asia Pacific - 40%

The automotive airbags & seatbelts market is dominated by a few globally established players such as Autoliv (Sweden), Joyson Safety Systems (US), ZF Friedrichshafen (Germany), Toyota Gosei (Japan), and Hyundai Mobis (South Korea).

Research Coverage:
The report segments the automotive airbags & seatbelts market and forecasts its size, by volume and value, based on region (Asia Pacific, Europe, North America, and RoW), airbags type (frontal, knee, and side & curtain), seatbelts type (2-point and 3-point), vehicle (PC, LCV, Buses, and Trucks), electric vehicle (BEV, HEV, FCEV, and PHEV), by component (Airbag Inflator, ACU and Airbag).
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the automotive airbags & seatbelts market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Key Benefits of Buying the Report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments.This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

The report also helps stakeholders understand the pulse of the automotive airbags & seatbelts market and provides them information on key market drivers, restraints, challenges, and opportunities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on