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The automotive curtain airbags market share is expected to increase by USD 50.16 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 7.46%.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (passenger cars and commercial vehicles) and geography (APAC, North America, Europe, South America, and MEA).
The automotive curtain airbags market report also offers information on several market vendors, including Autoliv Inc., Daicel Corp., Hyundai Mobis Co. Ltd., Ningbo Joyson Electronic Corp., Robert Bosch GmbH, Sumitomo Corp., Toray Industries Inc., Toyoda Gosei Co. Ltd., Visteon Corp., and ZF Friedrichshafen AG among others.
Daicel Corp. - The company offers various types of products such as inflators, PGG, and pyro fuse. The main products under the transportation segment are Lithium-ion batteries, Automotive airbags systems, Gas generators for seat belts, Fuel pump modules, and others.
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Technavio categorizes the global automotive curtain airbags market as a part of the global automotive components and accessories market within the global auto components market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automotive curtain airbags market during the forecast period.
Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. The production shift to low-cost countries is notably driving the automotive curtain airbags market growth, although factors such as a sharp decline in automobile production and sales may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Automotive Curtain Airbags Market Driver
Key Automotive Curtain Airbags Market Challenge
This automotive curtain airbags market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Our In-house experts produce extensive information on the value chain and parent market of the automotive curtain airbags market, which vendors can leverage to gain a competitive advantage during the forecast period. The value chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.
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44% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for automotive curtain airbags in APAC. Market growth in this region will be faster than the growth of the market in other regions. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The automotive curtain airbags market share growth by the passenger cars segment will be significant during the forecast period. The adoption of side/curtain airbags, knee airbags, and exterior airbags is increasing in the passenger cars segment. This is expected to remain a major driving factor for the growth of the passenger cars segment in the global automotive curtain airbags market during the forecast period. As the penetration of curtain airbags is high in this segment, the growth of the market is highly dependent on the production and sales of passenger cars.
This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive curtain airbags market size and actionable market insights on the post-COVID-19 impact on each segment.
Automotive Curtain Airbags Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.46% |
Market growth 2021-2025 |
$ 50.16 million |
Market structure |
Fragmented |
YoY growth (%) |
7.19 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 44% |
Key countries |
US, China, Japan, Germany, and South Korea (Republic of Korea) |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Autoliv Inc., Daicel Corp., Hyundai Mobis Co. Ltd., Ningbo Joyson Electronic Corp., Robert Bosch GmbH, Sumitomo Corp., Toray Industries Inc., Toyoda Gosei Co. Ltd., Visteon Corp., and ZF Friedrichshafen AG |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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