Automotive Airbags And Seatbelts Market Scope And Analysis

Report Code : TIPRE00004618
Category : Automotive and Transportation

Status : Published
No. of Pages : 178

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Automotive Airbags and Seatbelts Market Analysis, Scope, and Growth by 2028

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Automotive Airbags and Seatbelts Market Report Scope

Report Attribute	Details
Market size in 2021	US$ 53.74 Billion
Market Size by 2028	US$ 111.92 Billion
Global CAGR (2021 - 2028)	11.8%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Airbags Type Front Knee Side Curtain By Seatbelts Type 2-Point and 3-Point By Vehicle Class Passenger Cars Light Commercial Vehicles Heavy Commercial Vehicles
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Autoliv Inc Continental AG Denso Corporation INFINEON TECHNOLOGIES AG Robert Bosch GmbH ZF Friedrichshafen AG Hyundai Mobis Joyson Safety Systems Toyoda Gosei Co Ltd

Seatbelts Type -Based Market Insights

Based on

seatbelts type

, the automotive airbags and seatbelts market is segmented as 2-point and 3-point. The 3-point segment is expected to hold a larger portion of automotive airbags and seatbelts market share owing to its advantageous features. The Indian government will soon require automakers to install three-point seatbelts in every seat, including the middle one in the back. Lap belts have been determined to be less safe than three-point seatbelts. In the event of an accident, the new regulation is anticipated to increase passenger security generally. A draught notification that requires automakers to provide a minimum of six airbags in cars that can seat up to eight passengers was authorized by the Ministry of Road Transport and Highways.

The players operating in the automotive airbags and seatbelts market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key automotive airbags and seatbelts market players are listed below:

In February 2022, Autoliv, Inc., announced its collaboration with Nuro, an autonomous vehicle company to provide higher safety features with exterior airbag to Nuro's latest third-generation vehicle
In April 2021, Continental AG developed new features for its airbag control units. The company aimed to make use of signals from control units and develop functions for faster airbags deployment, particularly in a side crash.

The global automotive airbags and seatbelts market is segmented based on airbags type, seatbelts type, and vehicle class. Based on airbags type, the automotive airbags and seatbelts market is segmented into front, knee, side, and curtain. In terms of seatbelts type, the automotive airbags and seatbelts market is segmented into 2-point and 3-point. Further, based on vehicle class, the automotive airbags and seatbelts market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles.

Autoliv, ZF Friedrichshafen AG, TOYODA GOSEI Co., Ltd., Joyson Safety Systems, and Continental AG are the key automotive airbags and seatbelts market players considered for the research study. In addition, several other significant automotive airbags and seatbelts market players have been studied and analyzed in this research report to get a holistic view of the global automotive airbags and seatbelts market and its ecosystem.