
As a precaution against the increasing number of traffic accidents, Original Equipment Manufacturers (OEMs) have decided to make airbag installations a requirement in all new vehicles. In addition, throughout the projection period, there will likely be an increase in demand for curtain airbags due to rising public awareness of the importance of vehicle safety and ongoing technical improvements.
Vehicle safety features are becoming increasingly important to consumers, and with the advancement of technology, there is a growing expectation and requirement for improved safety measures in cars. Curtain airbags are a vital safety feature that aim to offer extra protection to passengers in the case of a collision or accident; this increased awareness, together with the continuous improvements in automobile safety technologies, is anticipated to drive demand for them.
In the event of an accident, the head of an occupant can be protected by automotive curtain airbags, which are side airbags. These airbags prevent the passenger from crashing against the window in the event of a collision. Several parts make up an airbag system, including modules, sensors, diagnostic controllers, coils that connect to the wheel, and lights to indicate when the airbag has deployed. Passengers' and manufacturers' growing concern for safety has contributed to airbags' meteoric rise in popularity and the development of new safety features. However, the vehicle curtain airbag industry is constrained by its high starting cost.
The COVID-19 pandemic has wreaked havoc on the car industry. It has caused a decrease in sales volume and the suspension of manufacturing facilities. In addition, 2020 is predicted to see a drop in demand for both commercial and passenger automobiles. Due to the close correlation between vehicle production and the automotive curtain airbags industry, this anticipated drop will negatively affect the market for these products. Reduced funding for research and development will impede efforts to create car curtain airbags. On the other hand, businesses are preparing for the worst case scenario by implementing preventative measures.
A vehicle's front and rear pillars, in addition to the sides of the roof, are ideal locations for curtain airbags. When activated in tandem with side airbags, they shield the heads of the occupants and reduce the severity of injuries sustained in the case of a side impact. These airbags have been installed in many SUVs and vans, mainly to ensure the safety of the people riding in them. On the other hand, curtain airbags are expected to see a boom in usage due to the ever-increasing safety regulations across all vehicle categories. This fad is predicted to spread beyond SUVs and vans and cover a wider range of vehicles, from tiny automobiles to big rigs.
The lack of customer knowledge about traffic restrictions is a major obstacle affecting the worldwide vehicle curtain airbags industry, especially in rural regions. A major roadblock to market expansion is this misunderstanding. Government programs that fail to adequately promote automobile airbags as essential parts of road safety measures also hinder the growth of the automotive curtain airbags industry. One more thing holding emerging and undeveloped nations' rural areas back from having widespread use of airbags in their vehicles is the lack of strict enforcement of traffic laws. Market growth is expected to be negatively impacted over the projection period due to the general lack of knowledge and regulatory reinforcement.
Recent years have been very transformative for the automotive industry, with developments such as autonomous driving, connected vehicles, alternative fuel technology, and blockchain integration among the most notable. Throughout this transformation, passenger safety has been the industry's top priority, prompting several countries to impose strict laws requiring airbags, one for each passenger and one for the driver. The demand for curtain airbags, which are specialized side airbags meant to protect passengers' heads in a car crash, has increased significantly due to these trends in the industry. The industry's dedication to improving passenger protection in the face of constantly changing automotive innovations and technology breakthroughs is reflected in this emphasis on safety measures.
Report Coverage
Global Automotive Curtain Airbags research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Automotive Curtain Airbags report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Automotive Curtain Airbags competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Automotive Curtain Airbags market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2031 |
Base Year | 2023 |
Forecast Period | 2023-2031 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | Daicel Corporation, Ashimori Industry Co., Ltd, Kolon Industries, Inc., Continental AG, Visteon, Autoliv Inc, Toyoda Gosei Co., Ltd, Hyundai Mobis Co. Ltd, Nihon Plast Co, Toray Industries, Inc, Robert Bosch GmbH, Delphi Technologies, DENSO CORPORATION, Takata, ZF- TRW |
Segments Covered | • By Product |
Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Automotive Curtain Airbags Market from 2021 to 2031.
- Market Forecast for Automotive Curtain Airbags Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Automotive Curtain Airbags competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Automotive Curtain Airbags
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Automotive Curtain Airbags market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Automotive Curtain Airbags market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Daicel Corporation, Ashimori Industry Co., Ltd, Kolon Industries, Inc., Continental AG, Visteon, Autoliv Inc, Toyoda Gosei Co., Ltd, Hyundai Mobis Co. Ltd, Nihon Plast Co, Toray Industries, Inc, Robert Bosch GmbH, Delphi Technologies, DENSO CORPORATION, Takata, ZF- TRW
Primary Target Market
- Market Players of Automotive Curtain Airbags
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Automotive Curtain Airbags market based on the below-mentioned segments:
Global Automotive Curtain Airbags Market, By Type
Hatchback
Sedan
Sports Utility Vehicle
Other Vehicle Types
Global Automotive Curtain Airbags market, By Application
Torso Curtain Airbags
Head Curtain Airbags
Combo Airbags Curtain
Global Automotive Curtain Airbags Market, By End User
OEM
Aftermarket
Global Automotive Curtain Airbags market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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