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Some of the key findings from this automotive side airbags market forecast report are summarized below:
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Airbags form an integral part of a vehicle’s safety system as they reduce fatalities during collisions. Generally, airbags are attached to steering panels, front instrument panels, and sides of vehicle doors. However, several airbag manufacturers have introduced curtain airbags which are mounted on roof rails and top of doors. These airbags remain inflated for a longer time and cover the window during impact thereby protecting the passenger during side collisions and rollover. With increasing automotive sales, and growing awareness about vehicular safety, the demand for curtain airbags is expected to increase which will boost the growth of automotive side airbags market.
The demand for enhanced safety features such as curtain airbags is increasing across all automotive segments, including mid-range and entry-level vehicles. In developing countries such as India, China, and Brazil, the side airbag feature is provided in luxury cars and few other passenger cars only. Several automotive OEMs are improving their sales by providing product differentiation based on the presence of side airbags. The growing focus on passenger safety will increase the adoption of side airbags in mid-range and entry-level vehicles. This will be a key trend that is expected to boost automotive side airbags market growth at a CAGR of over 6% during the forecast period.
The global automotive side airbags market is highly concentrated. To help clients improve their revenue shares in this market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this automotive side airbags market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.
The report offers a detailed analysis of several leading companies including:
The passenger cars segment will account for the highest share in the automotive side airbags market. Passive safety systems have emerged as the product differentiator especially in developing countries. This is driving the growth of this segment in the automotive side airbags market.
With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of the automotive side airbags market throughout the forecast period. The emergence of APAC as an automotive hub for OEMs and component manufacturers is driving automotive side airbags market growth in this region.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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