In United States, in 1998, (FMVSS) Federal Motor Vehicle Safety Standard 208 was amended to require dual front airbags, & reduced-power, second-generation airbags were also mandated. This was owing to the injuries affected by first-generation airbags, though FMVSS 208 continues to require that bags be engineered & calibrated to be able to "save" the life of an unbelted 50th-percentile size. Technical performance as well as validation necessities for the inflator assembly used in airbag modules are specified in SAE USCAR 24-2.These regulations are likely to increase the demand for the airbag fabric over the coming years.
According to the report, Increasing usage in aerospace industry is one of the primary growth factors for the market. Increasing consumer demand for cars and vehicles
is also expected to contribute significantly to the Airbag Fabric market. Overall, Front Airbag
applications of Airbag Fabric, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Coating Type, such as Neoprene Coated, is boosting the Airbag Fabric market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-user Industry, such as Automotive, is boosting the Airbag Fabric market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Yarn Type, such as Polyamide, is boosting the Airbag Fabric market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Airbag Fabric market identified that the demand is rising in many different parts of the world as "Continuous surge in the demand for vehicles & introduction of strict safety standards".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Airbag Fabric market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Airbag Fabric market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.