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.
Adequate safety precautions for car occupants continues to evoke requisite government initiatives to ensure optimal safety. Besides head on or frontal collisions, side collisions pose greater threat to car occupants, with heightened chances of head injuries. Adoption of automotive curtain airbag therefore occupies center stage to avert fatalities associated with head injuries at the sight of side collisions. Besides side airbags, rear automotive airbags also remain significant in averting side window glass injuries.
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Across developed economies where car safety precautions are governed by stringent government protocols, automakers are diverting their investments towards producing superlative airbag protection besides conventional seat belts. To further expand the gamut of vehicle occupant safety, modern cars are all equipped with automotive curtain airbags which are inflatable and attached to the sides of vehicles. Additionally, besides safety curtain airbags for automotive, leg curtain airbags and knee curtain airbags are also amply used to ensure superlative protection in case of rollovers.
Vendors in the automotive curtain airbag space are inclined towards producing apt curtain airbags, favoring user convenience as well as safety. Fabric remains a crucial parameter in deciding the quality of curtain airbags. Consumer preferences for light-weight airbags necessitates adoption of nylon as apt fabric material that ensures high tensile strength, heat stability, chemical and ozone resistance besides providing abrasion resistance. Factors as such are likely to stimulate stupendous growth in automotive curtain airbag market in forthcoming years. Both aftermarket as well as OEMs are likely to remain dominant sales channels, however, OEM is likely to gain ample competitive advantage.
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Automotive Curtain Airbags Market: Overview
The automotive curtain airbags market has been analyzed in detail to offer definitive forecast insights on the market for the period 2017-22. This report is an exhaustive compilation of a detailed overview of automotive curtain airbags market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of the market trajectory.
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.
Detailed overview of automotive curtain airbags market spectrum presented in the report banks upon a robust research methodology comprising primary and secondary researches that divulge relevant and timely market intelligence figures.
Automotive Curtain Airbags Market: Competition Landscape
This section of the report offers a detailed section on key contributors in automotive curtain airbags market. A dashboard view of each of the mentioned profiles complete with detailed insights on their respective SWOT analysis along with detailed assessment of their product portfolio, market contribution, as well as recent developments have been slated to aid readers’ understanding about the competition spectrum.
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., and Delphi Automotive PLC.
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Automotive Curtain Airbag Market: Neoprene to Represent a Leading Segment
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Contact Name: Abhishek
Contact Email: factmr708@gmail.com
Contact Phone: 35314434232