Overview of the global automotive airbag ECU market
Factors such as the improved lifestyle and the increased disposable income, there is a growing demand for automobiles acrss the globe and as a result, the automotive industry is witnessing a rapid increase in the production of automobiles. Technavio’s market research report has identified the increased production of automobiles as one of the primary factors that will fuel the growth of the automotive airbag ECU market market in the coming years. The number of road accidents have increased and the growth in safety concerns and accident-management solutions are increasing, these factors positively trigger demand for safety equipment like airbags which in turn drive the growth of the automotive airbag ECU market. Moreover, airbags with improved functionalities are expected to enter the market and increase the demand for airbags. Our market research analysts estimate that this market will grow steadily at a CAGR of more than 6% by 2021.
Adaption of crash sound sensors in airbags is one of the key trends contributing towards the growth of the automotive airbag ECU market. The belt tensioners should be made in such a way that they activate immediately during a major accident but not meant to be activated during minor collisions. Sound crash sensors detect the severity of a crash acoustically and classify a crash according to its severity based on the intensity of the sound produced. Sound crash sensors are expected to witness high demand in the automotive airbag sensor market due its capability to categorize the intensity of the sound produced.
Competitive landscape and key vendors
The automotive airbag ECU market is highly concentrated due to the presence of few established players. The players in the developed countries such as the US focus on diversification of products to gain maximum share in the automotive airbag sensor market. The parameters for competition mainly lies in low cost and reliability as these parameters are essential for emerging countries such as China and India.
The leading vendors in the market are-
- Autoliv
- Bosch
- DENSO CORPORATION
- Delphi Automotive
- ZF Friedrichshafen
The other prominent vendors in the market are Continental, Daicel, Fujitsu Ten, HYUNDAI MOBIS, Infineon Technologies, Key Safety Systems, and TOYODA GOSEI.
Segmentation by application type and analysis of the automotive airbag ECU market
- Passenger cars
- LCVs
- M&HCVs
The demand for passenger car segment is increasing in all the major regions across the world which is driving the automotive airbag sensor market positively. During 2016, the passenger car segment accounted for the major share of the automotive airbag ECU market due to its high demand from luxury segment in both developed and developing countries. Moreover, the increase in the purchasing power in APAC region also contributed to the growth of this market.
Segmentation by geography and analysis of the automotive airbag ECU market
- Americas
- APAC
- EMEA
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the automotive airbag ECU market throughout the forecast period. Owing to the high purchasing power and increased per capita income levels in countries such as China, Japan, India, South Korea, and Indonesia is contributing to the growth of the auto industry in this region which in turn significantly contribute to the growth of the automotive airbag sensor market.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global automotive airbag ECU market?
- What are the key market trends impacting the growth of the global automotive airbag ECU market?
- What are the challenges to global automotive airbag ECU market growth?
- Who are the key vendors in the market?
- What are the market opportunities and threats faced by the vendors in the global automotive airbag ECU market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global automotive airbag ECU market?
Technavio also offers customization on reports based on specific client requirement.
The adoption of curtain airbags in commercial vehicles and the compulsion for all car models to have airbags is driving the growth of global automotive airbag ECU market. This upcoming report on automotive airbag ECU market follows a comprehensive market research methodology to offer deep insights into the automotive industry. This report on the automotive industry also offers an assessment of the major segments like automotive electronics.
To help the client with a better understanding of competitive scenario of the automotive electronics segment, this report covers vendors like Bosch, Autoliv, Denso, Delphi, DSpace, ZF, and Mitsubishi Electric. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the automotive airbag ECU market also covers geographies like the Americas, APAC, and EMEA.
Furthermore, to provide accurate and precise results, our research analysts carry out an in-depth market research methodology including primary and secondary data collection methods and assess the demand-supply landscape of the automotive airbag ECU market for the estimated period of 2017-2021. Few of the key methods included in this research are comprehensive vendor briefing, online surveys, and consultation of industry journals and publications.
The forthcoming industry research report for the automotive airbag ECU market also categorizes the evolving drivers, prominent trends, and the major restraints that the automotive electronics sector currently experiences. This upcoming report on the automotive airbag ECU market presents insights into the rapidly changing competitive landscape to offer clients a complete outlook of the forthcoming events within the automotive industry. Technavio also offers in-depth market assessments into the sectors such as automotive components and wheels and tires.
Our market research methodology for the automotive airbag ECU market
