New York, July 18, 2022 (GLOBE NEWSWIRE) -- The Insight Partners published latest research study on “Automotive Airbags and Seatbelts Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Airbags Type (Front, Knee, Side, and Curtain), Seatbelts Type (2-Point and 3-Point), and Vehicle Class (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles)” The global automotive airbags and seatbelts market growth is driven by growing initiatives for introducing regulatory standards related to vehicle safety and increasing advancements in airbag and seatbelt technologies.
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The automotive airbags and seatbelts market report is segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America. Asia Pacific dominated the automotive airbags and seatbelts market in 2021 and is expected to continue its dominance throughout the forecast period. The growth of the automotive airbags and seatbelts market in North America is primarily attributed to a large number of airbags and seatbelts manufacturers in the region, coupled with the growing trend for adopting electric vehicles. The trend of pedestrian protection airbags is boosting the demand for automotive airbags and seatbelts. For instance, in October 2021, Japan's Toyoda Gosei Co. developed a pedestrian protection airbag to protect the pedestrian's head when a vehicle hit. Toyoda Gosei had developed various types of airbags that protect vehicle occupants. This would be Toyoda Gosei's first airbag on the market that protects pedestrians and other vulnerable road users. Among traffic accidents in Japan, the highest mortality rate is seen in those involving pedestrians. The main cause of death in these accidents is head injury. The pedestrian protection airbag covers the rigid parts of the vehicle, such as the front pillars, where the likelihood of fatal injury is the highest. The internal pressure is adjusted to the optimum level for each part of the vehicle covered, mitigating impacts to the head. These airbags will be used on the Subaru Legacy Outback models for Japan. The automotive airbags and seatbelts market analysis helps to understand the upcoming trends, new technologies, and macro and micro factors that influence the market growth in the coming years
The automotive industry is predicted to observe a curvature soon that would anticipate its long term trajectory.
As per the Agenda for Sustainable Development 2030, this death ratio is being targeted to minimize to half by 2020, thereby creating scope for the automotive airbags and seatbelts market growth.
Seatbelts reduce the risk of death among front-seat occupants and drivers by 45-50% and rear seat occupants by 25%.
Hence, the global automotive airbags and seatbelts market is expected to witness an upsurge in the upcoming years.
The concept of seatbelts and airbags dates back from the early 90s.
Recently, in September 2018, a breakthrough was observed that would drive the field of automobiles safety to new heights.
The latest market study published by Reports and Data titled ‘Global Automotive Curtain Airbags Market Report 2020 Forecast to 2026’ gives crucial data in the form of tables, charts, graphs, and figures in a holistic study of the Automotive Curtain Airbags sector.
The research report offers market estimates for the Automotive Curtain Airbags industry for the forecast period from 2020 to 2026.
Some prominent companies included in the report are Autoliv Inc. (Sweden), ZF Friedrichshafen AG (Germany), Takata Corporation and more.This report covers the recent COVID-19 incidence and its impact on Automotive Curtain Airbags.
Can the list of companies be customized subject to the regional markets we are targeting?As part of the regional analysis, the companies profiled in the report are Autoliv Inc. (Sweden), ZF Friedrichshafen AG (Germany), Takata Corporation (Japan), Toyoda Gosei Co., Ltd. (Japan), Ningbo Joyson (China), Ashimori Industry Co., Ltd. (Japan), Nihon Plast Co., Ltd. (Japan), Continental (Germany), Denso Corporation (Japan), Visteon (USA).Yes, the list of players can be customized as per your research requirements, and we can also add emerging companies in your region of interest.
** The companies covered by the report may be different in the final report subject to factors such as change of name, mergers & acquisitions, or other such activities based on the difficulty of survey since data availability will need to be confirmed by the research team especially in case of privately-held companies.
However, a detailed list requirement is to be provided to the researchers before making any final confirmation.
