Commercial Vehicle Airbag Systems Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Published: Feb 2021 Pages: 120 SKU: IRTNTR46629

The commercial vehicle airbag systems market size has the potential to grow by 4863.19 th units during 2021-2025, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by application (LCVs and M and HCVs) and geography (North America, APAC, Europe, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Ashimori Industry Co. Ltd., Autoliv Inc., Continental AG, Hyundai Mobis Co. Ltd., Infineon Technologies AG, Nihon Plast Co. Ltd, Ningbo Joyson Electronics Co. Ltd., Robert Bosch GmbH, Toyoda Gosei Co. Ltd., and ZF Friedrichshafen AG.

Market Overview

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Market Competitive Analysis

The commercial vehicle airbag systems market is fragmented. Ashimori Industry Co. Ltd., Autoliv Inc., Continental AG, Hyundai Mobis Co. Ltd., Infineon Technologies AG, Nihon Plast Co. Ltd, Ningbo Joyson Electronics Co. Ltd., Robert Bosch GmbH, Toyoda Gosei Co. Ltd., and ZF Friedrichshafen AG are some of the major market participants. Factors such as growing importance of crash test and ncap ratings, safety systems - a priority among oems, buyers, and regulatory bodies, and passive safety system acting as a product differentiator in developing economies will offer immense growth opportunities. However, replacement costs due to rising number of vehicle recalls because of potential hazards caused by inflators in airbags, high-cost pressure on oems, and functional issues - effects of false positives and negatives may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this commercial vehicle airbag systems market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this commercial vehicle airbag systems market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Ashimori Industry Co. Ltd.
  • Autoliv Inc.
  • Continental AG
  • Hyundai Mobis Co. Ltd.
  • Infineon Technologies AG
  • Nihon Plast Co. Ltd
  • Ningbo Joyson Electronics Co. Ltd.
  • Robert Bosch GmbH
  • Toyoda Gosei Co. Ltd.
  • ZF Friedrichshafen AG

Commercial Vehicle Airbag Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2021-2025

4863.19 th units

Market structure

Fragmented

YoY growth (%)

4.31

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

North America at 44%

Key consumer countries

US, China, Mexico, Japan, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Ashimori Industry Co. Ltd., Autoliv Inc., Continental AG, Hyundai Mobis Co. Ltd., Infineon Technologies AG, Nihon Plast Co. Ltd, Ningbo Joyson Electronics Co. Ltd., Robert Bosch GmbH, Toyoda Gosei Co. Ltd., 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 future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Commercial Vehicle Airbag Systems Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current Global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The future regulations on curtain airbags to boost market growth, march toward autonomous vehicles, and mems sensors for airbags will significantly influence commercial vehicle airbag systems market's growth in this region.

44% of the market’s growth will originate from North America during the forecast period. US | China | Mexico | Japan | Canada are the key markets for commercial vehicle airbag systems market  in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the commercial vehicle airbag systems market size.

Commercial Vehicle Airbag Systems Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive commercial vehicle airbag systems market growth during the next five years
  • Precise estimation of the commercial vehicle airbag systems market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the commercial vehicle airbag systems market industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of commercial vehicle airbag systems market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • LCVs - Market size and forecast 2020-2025
  • M and HCVs - Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption
  • Industry risks

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Ashimori Industry Co. Ltd.
  • Autoliv Inc.
  • Continental AG
  • Hyundai Mobis Co. Ltd.
  • Infineon Technologies AG
  • Nihon Plast Co. Ltd
  • Ningbo Joyson Electronics Co. Ltd.
  • Robert Bosch GmbH
  • Toyoda Gosei Co. Ltd.
  • ZF Friedrichshafen AG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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commercial vehicle airbag systems market

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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