Global market of automotive curtain airbag is projected to register a CAGR of 5.5% over the forecast period, 2017-2022. Automotive curtain airbags sales are increasingly influenced by increasing emphasis on safety among the passengers and automakers alike, which has led integration of enhanced technology to reduce the risk of accidents & injuries.
In an attempt to provide flexible transportation system embedded with security, the automotive manufacturers are integrating the automotive curtain airbags in vehicles.
Uncertainty of accidents - the result of wear and tear of the vehicle, complex designs of the vehicle, and frictional resistance - continue to drive growth of the automotive curtain airbags market. Attributed to such factors, demand for automotive curtain airbags is expected to increase in the automotive industry globally.
According to a recently published a report, the global automotive curtain airbags market is expected to represent a value of over US$ 200 Mn by the end of 2022.
Consumption in the Healthcare Industry
Besides the automotive industry, the automotive curtain airbags market also witness significant opportunities in the healthcare industry. During an unexpected accident, the automotive curtain airbags protect the heads and the necks of the patients. The ambulance manufacturers continue to integrate the roll sensors in the ambulance, which enables the system to deploy protection during an unexpected accident, thereby driving automotive curtain airbags sales.
Government in various countries are increasingly imposing regulations regarding the safety facilities in the automotive industry. Bound to imposition of government regulations, manufacturers are increasingly installing devices for the safety of the passengers. This has directly influenced growth of the automotive curtain airbags market.
A key factor for drop in the sales in the automotive curtain airbags market is due to deployment on slight collision of the automotive. Moreover, the players in automotive curtain airbags market are increasingly integrating advanced technology that deploy the airbags outside the vehicle in order to ensure that the passengers and the body of the vehicle remain damage-free. Attributed to such factors, growth of the automotive curtain airbags market is expected to rev up during the forecast period.
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OEM to Represent a Leading Segment
Surge in demand for airbags that are resistant to oil, heat, ozone, and chemicals has led automotive curtain airbags market players to prefer neoprene for coating the airbags. Neoprene coated automotive curtain airbags are expected to witness the highest revenue growth in the global market.
The neoprene coated segment is expected to represent a value of nearly US$ 50 Mn by the end of 2022. However, the silicone coating segment is expected to register the highest CAGR in the automotive curtain airbags market throughout 2022.
On the basis of yarn type, the nylon type segment is expected to witness the highest revenue growth in the automotive curtain airbags market. By the end of 2017, nylon as compared to other types of yarn is expected to represent a value of over US$ 40 Mn globally. The nylon type segment is expected to register the highest CAGR in the automotive curtain airbags market throughout 2022.
OEM as compared to other channels of sale is expected to witness highest revenue growth in the automptive curtain airbags market. The OEM segment is expected to represent a value over US$ 50 Mn by the end of 2017.
However, sales of the automotive curtain airbags is expected to remain high through the aftermarket channels. The aftermarket channel is expected to register the highest CAGR in the automotive curtain airbags market throughout 2022.
Mid-sized passenger cars is expected to witness the highest revenue growth in the automotive curtain airbags market. The mid-sized passenger segment is expected to represent a value of nearly US$ 15 Mn by the end of 2022. However, the compact passenger cars segment is expected to register the highest revenue growth in the automotive curtain airbags market throughout 2022.
Leading market players operating in the automotive curtain airbags market include
- Autoliv Inc.
- Takata Corporation
- Daicel Corporation
- Denso Corporation
- Hyundai Mobis Co. Ltd.
- Toyoda Gosei Co. Ltd.
- ZF Friedrichshafen AG
- Kolon Industries Inc.
- Toray Industries Inc.
- Delphi Automotive PLC.
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(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
The global automotive curtain airbag market is expected to register a moderate growth attributed to considerable demand in the transportation and healthcare industry. Surge in demand for security devices in the vehicles is expected to impact growth of the global market positively. This Fact.MR report discusses key prospects for growth of global automotive curtain airbag market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies.
The scope of the report is to analyze the global automotive curtain airbag market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive curtain airbag manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.
The report begins with a concise summary of the global automotive curtain airbag market. This executive summary sets the tone for the rest of the report, giving users the scope of the report. The executive summary includes important facts and statistics on the global automotive curtain airbags market.
The next section is an overview of the global automotive curtain airbag market. This includes the introduction to the market and a standard definition of the product – automotive curtain airbag. In this section, year-over-year growth and market value is offered to readers. Year-over-year growth gives readers a broader picture on growth patterns during the forecast period.
The next section of the report offers a thorough description of the latest macroeconomic factors that have a bearing on the global automotive curtain airbag market. Considering the interconnectedness of the automotive curtain airbag market to global automotive market and, in general, the global economy, readers will get valuable insights on how international developments impact this market.
In a bid to keep readers up-to-date on the latest developments in the global automotive curtain airbag market, the report offers readers a roundup of the latest trends impacting the market. As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.
Considering the broad scope of global automotive curtain airbag market, the report includes a segment-wise analysis and forecast. The global automotive curtain airbag market is segmented into – coating type, yarn type, sales type, vehicle type, and region. Through this section, the report offers an in-depth country-wise forecast on every parameter associated with automotive curtain airbag.
The concluding section of the report profiles companies operating in the global automotive curtain airbag market. Companies of all sizes, including market leaders, established players, and market entrants are profiled in this section. The competitive intelligence offers information on company overview and other important parameters, such as product offerings and key financials.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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