Curtain Airbags Market Scope
The global curtain airbags market is expected to grow significantly in the forecasted period due to the growing demand for safer and more efficient driving experiences. Curtain airbags side airbags for head protection. A curtain airbag (CAB) plays a significant role in not only protecting an occupant head from side-impact crashes but also preventing an occupant from being partially or totally ejected during rollover accidents. Also, curtain airbags are equally useful in light of the growing popularity of subcompacts. Additionally, the increasing demand for microcars that use curtain airbags to protect the passengers' neck will help in driving the need for curtain airbags.
According to AMA, the Global Curtain Airbags market is expected to see growth rate of 18.25%The global Curtain Airbags market seems competitive. To gain the market share the leading players are focusing on product developments and strategic partnerships and also focusing on the merger and acquisitions. Research Analyst at AMA estimates that Japanese Vendors will contribute to the maximum growth of Global Curtain Airbags market throughout the predicted period.
Takata (Japan), ZF- TRW (United States), Autoliv, Inc. (Sweden), Visteon (United States), Continental AG (Germany), DENSO CORPORATION (Japan), Toray Industries, Inc. (Japan), Robert Bosch GmbH (Germany), Toshiba Corporation (Japan) and Hyundai Mobis (South Korea) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are ZF Friedrichshafen (Germany), Aptive (United Kingdom) and Joyson Electronic (China).
Segmentation Overview
The study have segmented the market of Global Curtain Airbags market , by Application (Head Curtain, Tors Curtain and Other) and Region with country level break-up.
On the basis of geography, the market of Curtain Airbags has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
High Adoption due to Stringency of Safety Regulations and Technological Advancement such as High-Speed Engines
Market Growth Drivers:
Increasing Demand for Occupant Safety and The Rising Awareness about Safty among the Consumers
Challenges:
Recalls of Multiple Vehicle Models for Airbags and Seatbelts
Restraints:
Growing Demand for Active Safety Systems
Opportunities:
The Growing Demand for Luxury Vehicles and The Increasing Popularity Of Electrical Vehicles among Young Generations
Market Leaders and their Expansionary Development Strategies
In February 2022, GHR Rechtsanwälte AG conducted an asset transaction on behalf of ZF Friedrichshafen AG (ZF) to acquire special adhesive film technology for side curtain airbags from Nitto Denko Corporation and Nitto Switzerland AG. Nitto Denko Corporation is engaged in the manufacture and sale of adhesives, optical films, semiconductors, electronic devices, and consumer products.
In March 2023, Hyundai Mobis is captivating global audiences with its unrivaled technology far ahead of its overseas competitors in the field of automotive safety parts, including airbag modules. in the field of future mobility
Key Target Audience
Curtain Airbags Manufactures, Curtain Airbags Suppliers, Curtain Airbags Distributors, Government & Industry Associations, Regulatory Bodies and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.