Automotive Airbag And Seat Belt Market Forecasts to 2028 – Global Analysis By Airbag Type (Knee, Frontal), Seat Belt Technology (Active Seat Belts, Automatic, Bag In Belts), and By Geography
According to Stratistics MRC, the Global Automotive Airbag And Seat Belt Market is accounted for $28.72 billion in 2020 and is expected to reach $59.37 billion by 2028 growing at a CAGR of 9.5% during the forecast period. Rising demand for safer and more efficient driving experiences, high demand from passenger vehicles, the increasing number of mandates pertaining to the implementation and growing government road safety regulations are major factors driving the growth of the market. However, the rising development of active safety systems and maintaining the stability between cost & quality are hampering the market.
Automotive Airbag and seat belts are designed to care for the drivers from unanticipated jerk or vehicle general strike. By design, the safety bags will defend them by preventing impact on the body from the chest and above and are additional units to prevent injury to head or chest from the routing or console or glass or anything else. Both seat belts and airbags are the main defense strategy in the vehicles. Air Bags are not meant to be the main safety mechanism.
By vehicle type, hybrid electric vehicle (HEV) segment is experiencing considerable market growth, due to the stringent emission norms, surroundings safety, motor vehicle electrification, and government are some of the major factor propel the segment growth. Based on the geography, Asia Pacific is dominating the market during the forecast period. The demand for this market is triggered by growing vehicle production in developing countries such as China and India and the rising number of luxury vehicles in these countries.
Some of the key players profiled in the Automotive Airbag And Seat Belt Market include Aptiv Plc., Autoliv, Inc., Continental Corporation, Delphi Automotive, DENSO Corporation, Far Europe Holding Limited, Hyundai Mobis Co., Ltd., Joyson Electronics, Key Safety Systems (KSS), Ningbo Joyson Electronics Corp., Robert Bosch, Tokai Rika Co., Ltd., Toshiba Electronic Devices & Storage Corporation, Toyoda Gosei Co., Ltd., ZF Friedrichshafen AG.
Airbag Types Covered:
• Rear Curtain
• Seat Belt Airbag
Seat Belt Types Covered:
• Three-Point (Belt-in-Seat (BIS))
• Automatic Seatbelt
Seat Belt Technologies Covered:
• Active Seat Belts
• Bag In Belts
• Load Limiter
• Locking Retractors
• Pretensioners and Webclamps
• Seat Belt Reminder System
Vehicle Types Covered:
• Heavy Commercial Vehicle (HCV)
• Battery Electric Vehicle (BEV)
• Electric Vehicle Type
• Fuel Cell Electric Vehicle (FCEV)
• Hybrid Electric Vehicle (HEV)
End Users Covered:
• Seat Belt
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Select License Type
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.