1. Home
  2. > Automotive Market Trends
Europe Automotive Airbag ECU Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type, Airbag Type, and Vehicle Type

Europe Automotive Airbag ECU Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type, Airbag Type, and Vehicle Type

  • November 2022
  • 138 pages
  • ID: 6368876
  • Format: PDF
  • The Insight Partners

Summary

Table of Contents

Search Inside

The automotive airbag ECU market in Europe is expected to grow from US$ 1,305.87million in 2022 to US$ 1,565.45 million by 2028. It is estimated to grow at a CAGR of 3.1% from 2022 to 2028.

Airbag ECUs Witnessing Various Technological Advancements

With the rapid expansion of clientele, manufacturers in the automotive sector are primarily focusing on enhancing fuel and cost efficiencies, driving experience, and overall passenger and driver safety.Airbag control units (ACU) play a central role in the new E/E architecture and adopt functions that provide more protection for occupants.

Control units provide the highest crash safety standards and reliable airbag deployment.Apart from sensors, ACUs receive signals from pressure satellites, which detect and report the pressure wave of a collision.

Advancements in airbag and ECUs technologies are propelling their adoption across passenger vehicles. Continental AG offers ECUs converted into software-based products in reorganizing the E/E architecture with centralization and a few high-performance computers.

Computer-operated dual airbags or dual-stage airbags are deployed at two vehicle speed limits. In less severe accidents, airbags are deployed in a lower first stage, usually ~70.0% of full force. However, they deployed at both stages in more severe accidents. Further, side airbags effectively protect drivers and passengers from crucial head injuries caused by side-impact collisions. In September 2019, Hyundai Mobis developed a “Safety Integrated Control Module” that ensures greater efficiency and safety in the operations of automotive safety devices. The new product combines two separate ECUs for airbags and electronic seatbelts into a single unit.

Market Overview

Europe includes various major economies, such as France, Germany, Russia, the UK, and Italy.The western part of Europe is characterized for its higher standards of living, with high GDP.

The automotive industry directly contributed ~7% to the GDP of the region.Europe comprises several major automotive manufacturing assembly and production plants.

There are ~298 vehicle assembly plants across the region.The demand for electric vehicles is expanding rapidly across Europe, owing to increased technical breakthroughs in the electrified fleet sector.

Furthermore, the growth of the automotive airbag ECU market in Europe is driven by the rising awareness of smart safety systems, increasing count of deaths due to road accidents, growing production of EVs with inbuilt airbags, and surging regulatory compliances for compulsory provision of airbags.

In 2020, the EU produced 16.7% of the world’s motor cars, or about 13 million of them, a decrease of 5 million units from the previous year. Production of automobiles fell by 21% in the same year. While producing a trade surplus for the European Union of US$ 80 Billion in 2020, exports of cars made in the EU also fell by about 15%. The production of cars has a direct impact on market growth, since the number of airbags is directly related to automotive production. The combined technological developments in the transportation industry and the electric vehicles in general, and the presence of numerous top rated OEM manufacturers-such as Audi, BMW, and Volkswagen, the prospect for airbags appears promising for passenger cars as well as business cars. The OEMs in Europe are exporting their cars to many countries across the world, so the exports perform a main role in the European automobile market. The demand for electric powered cars is growing across the region with a totally excessive rate. In 2019, 564,206 plug-in electric vehicles were produced in Europe, a direct increase of 45% as compared to 2018. Further, European Union registered an increase of 5% in road fatalities accounting to 44 road deaths a million (average) inhabitants in 2021 when compared to 2020. Rise in the number of accidents demands the increased adoption of airbag systems to minimize the losses.

Europe Automotive Airbag ECU Market Revenue and Forecast to 2028 (US$ Million)

Europe Automotive Airbag ECU Market Segmentation

The Europe automotive airbag ECU market is segmented into product type, airbag type, vehicle type, and country.

The product type segment is bifurcated into standard and premium. Premium segment is expected to lead the automotive airbag ECU market in 2022.

Based on airbag type, the automotive airbag ECU market can be bifurcated into frontal airbag ECU and Curtain airbag ECU.Frontal airbag ECU segment is expected to lead the automotive airbag ECU market in 2022.

Based on vehicle type, the market is segmented into passenger vehicles and commercial vehicles.The commercial segment is expected to hold the largest market share in 2022.

Based on country, the market is segmented into France, Germany, Italy, UK, Russia, and the Rest of Europe.US is expected to dominate the market in 2022.

Aptiv; Autoliv Inc.; Continental AG; Denso Corporation; HELLA GmbH and Co. KGaA; Hyundai Mobis; Mitsubishi Electric Corporation; Robert Bosch GmbH; Veoneer Inc; and ZF Friedrichshafen AG are the leading companies operating in the automotive airbag ECU market in the region.

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.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace 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 [email protected] 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 - [email protected] 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.
Purchase Reports From Reputable Market Research Publishers

Automotive Microcontrollers Global Market Opportunities And Strategies To 2031

  • $ 4000
  • January 2023
  • 271 pages

Automotive Microcontrollers Global Market Opportunities And Strategies To 2031 provides the strategists; marketers and senior management with the critical information they need to assess the global automotive ...

  • World
  • Automotive
  • Industry analysis
  • Gross Domestic Product Per Capita
  • Disposable Income

ref:plp2022

Reportlinker.com © Copyright 2023. 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