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Automotive Airbags Market Share

Report ID: GMI3283
Published Date: Jul 2020
Report Format: PDF

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Automotive Airbags Market Share

Rising investments in R&D, expansion manufacturing capabilities, and rising findings in development projects are one of the key strategies adopted by the airbags manufacturing companies. The automotive airbags industry is moderately consolidated with top manufacturers comprising

Continental AG
Delphi Automotive PLC
Hyundai Mobis
Autoliv Toyoda Gosei
Denso Corporation
Robert Bosch GmbH

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of automotive airbags valued at over USD 59.9 Billion in 2019.

The industry share of automotive airbags will witness around 5.1% CAGR from 2020 to 2026.

North America market accounted for over 18% revenue share in 2019 owing to stringent vehicle safety norms developed by transportation authorities across the region.

Frontal airbag segment is estimated to witness around 5.5% growth through 2026 led by mandated adoption of frontal airbag systems for driver safety by regulatory authorities globally.

The key industry players include Continental AG, Delphi Automotive PLC, Hyundai Mobis, Autoliv Toyoda Gosei, Denso Corporation and Robert Bosch GmbH.

The Europe market demand is attributed to the development of new airbag module in region along with government funded safety projects.