The "India Airbag Market By Vehicle Type (Hatchback, Sedan, Multi-Purpose Vehicle, Sports Utility Vehicle and Light Commercial Vehicle), By Airbag Type (Front Airbag, Knee Airbag, Others), By Demand Category, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
The Indian Airbag Market is expected to grow at an CAGR of close to 13% during the forecast period.
The Indian Airbag Market is driven by implementation of strict norms and regulations regarding the safety of vehicles. Additionally, upsurge in number of road accidents is positively impacting the growth of the market during the forecast period. Also, the increasing demand for safer driving experiences is further expected to bolster the growth of the market over the next few years.
The Indian Airbag Market is segmented based on vehicle type, airbag type, demand category, company and region. Based on vehicle type, the market can be categorized into hatchback, sedan, multi-purpose vehicle, sports utility vehicle and light commercial vehicle. Out of which, the hatchback vehicle type segment is expected to dominate the market during the forecast period. This can be ascribed to the fact that number of passenger cars is growing at a significant rate in the country.
In terms of airbag type, the market is fragmented into front airbag, knee airbag, side airbag and curtain airbag. Among them, the side airbag segment is projected to grow at a high pace in the next five years as these side airbags are designed to help protect an adult's chest in a serious side-impact crash.
The major players operating in the Indian Airbag Market are Autoliv Inc., Takata Corporation, ZF India Pvt. Ltd., Denso Corporation, Joyson Safety Systems, Robert Bosch GmbH, Toyoda Gosei Co. Ltd., Hyundai Mobis Co. Ltd., Continental AG, Aptiv PLC and others.
Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions, partnership, agreements, and new developments in order to expand their geographic reach and to increase the customer bases.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study
To analyze and estimate the market size of the Indian Airbag Market from 2016 to 2019.
To estimate and forecast the market size of the Indian Airbag Market from 2020 to 2026 and growth rate until 2026.
To classify and forecast the Indian Airbag Market based on vehicle type, airbag type, demand category, company and regional distribution.
To identify dominant region or segment in the Indian Airbag Market.
To identify drivers and challenges for the Indian Airbag Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian Airbag Market.
To conduct pricing analysis for the Indian Airbag Market.
To identify and analyze the profile of leading players operating in the Indian Airbag Market.
To identify key sustainable strategies adopted by market players in the Indian Airbag Market.
Key Topics Covered
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customers/Customer Insights
5. India Airbag Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Vehicle Type (Hatchback, Sedan, Multi-Purpose Vehicle, Sports Utility Vehicle and Light Commercial Vehicle)
5.2.2. By Airbag Type (Front Airbag, Knee Airbag, Side Airbag and Curtain Airbag)
5.2.3. By Demand Category (OEM's and Aftermarket)
5.2.4. By Region (North, South, East, West)
5.2.5. By Company
5.3. Market Attractiveness Index
6. India Hatchback Airbag Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Demand Category
7. India Sedan Airbag Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Demand Category
8. India Multi-Purpose Vehicle Airbag Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Demand Category
9. India Sports Utility Vehicle Airbag Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Demand Category
10. India Light Commercial Vehicle Airbag Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Demand Category
11. Market Dynamics
12. Market Trends & Developments
13. Policy & Regulatory Landscape
14. India Economic Profile
15. Competitive Landscape
15.1. Company Profiles
15.1.1. Autoliv Inc.
15.1.2. Takata Corporation
15.1.3. ZF India Pvt. Ltd.
15.1.4. Denso Corporation
15.1.5. Joyson Safety Systems
15.1.6. Robert Bosch GmbH
15.1.7. Toyoda Gosei Co. Ltd.
15.1.8. Hyundai Mobis Co. Ltd.
15.1.9. Continental AG
15.1.10. Aptiv PLC
16. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/j0hiul
View source version on businesswire.com: https://www.businesswire.com/news/home/20210308005688/en/
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