tests along with pedestrian protection tests. These factors are expected to propel demand for
automotive airbags over the forecast period.
However, airbags inflate only once and therefore, after initial collision, it becomes ineffective to
protect passengers from further impact. Furthermore, these are relatively expensive, hence
installation of airbag every time it becomes ineffective, is not affordable. These factors are
expected to hinder growth of the market.
Automotive Airbag Market: Regional Insights
The global automotive airbag market is segmented on the basis of regions into North America,
Europe, Asia Pacific, Latin America, and Middle East, and Africa. North America accounted for
largest share in the global automotive airbag market in 2016. This growth is attributed to
implementation of stringent regulation by governments for passenger safety. For instance, The
US Highway Safety Act of 1991 mandates use of airbags and ABS features in all passenger cars.
The United States New Car Assessment Program (US NCAP) rates vehicles for safety in order to
improve safety features in the vehicles and passenger safety. This is expected to in turn, increase
installation of safety features such as airbags in vehicles, which propel growth of the automotive
airbags systems market.
Automotive Airbag Market: Competitive Background
Major players operating in the global automotive airbag market are Autoliv, Inc., Robert Bosch
GMBH, Continental AG, Delphi Automotive PLC, Denso Corporation, Takata Corporation, Toyoda
Gosei Co., Ltd., Nihon Plast Co. Ltd., Hyundai Mobis Co., Ltd., and Key Safety Systems Inc.
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Automotive Airbag Market Taxonomy
On the basis of product type, the global automotive airbag market is segmented into:
•Front Airbag
•Side Airbag
•Curtain Airbag
•Knee Airbag
On the basis of fiber, the global automotive airbag market is segmented into:
•Nylon
•Polyester