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
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Commercial Vehicle Airbag Systems Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
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Market growth 2021-2025 |
4863.19 th units |
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Market structure |
Fragmented |
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YoY growth (%) |
4.31 |
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Regional analysis |
North America, APAC, Europe, South America, and MEA |
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Performing market contribution |
North America at 44% |
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Key consumer countries |
US, China, Mexico, Japan, and Canada |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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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 |
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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, |
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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. |
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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