Automotive Side Airbags Market to Grow at 9.12% CAGR to 2018, Says a New Research Report at ReportsnReports.com
Dallas, Texas (PRWEB) September 20, 2014 -- A major trend emerging in the market is the use of innovative technology, such as light fabric for side airbags and lightweight side airbags modules, and use of new ways of deploying side airbags. Manufacturers are combining passive safety systems and active safety systems to avoid crashes and protect passengers.
Analysts forecast the Global Automotive Side Airbags market to grow at a CAGR of 9.12 percent over the period 2013-2018. According to the report, the market is mainly driven by stringent government safety regulations. Countries in regions such as Europe and the Americas are encouraging the use of advanced safety systems as passengers' safety is becoming a prime concern.
An airbag is a vehicle safety device. It is an occupant caution system consisting of flexible fabric/rubber cushion designed to inflate immediately during an automobile collision. Its purpose is to cushion the passengers during crash and provide protection to the passenger bodies when they strike objects such as steering wheel or window. Side airbags are inflatable devices that are designed to protect passengers’ head and chest during a serious side crash. They inflate in a fraction of a second, as soon as the vehicle is hit by a hard object both inside and outside of the vehicle. In side air bags systems, sensors determine the severity of the crash and decides whether to deploy airbags or not.
Covered in this Report
The Global Automotive Side Airbags market can be segmented into two divisions: Side Torso Airbags and Side Tubular or Curtain Airbags.
Tthe Global Automotive Side Airbags Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Automotive Side Airbags market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Global Automotive Side Airbags Market: Autoliv Inc., Takata Corp. and TRW Automotive Holdings Corp.
Other Prominent Vendors in the market are: Delphi Automotive, Neaton Auto Products Manufacturing and East Joy Long Motor Airbag.
Market Driver
• Stringent Government Safety Regulations
• For a full, detailed list, view our report
Market Trend
• Increased Demand from the Emerging Markets
• For a full, detailed list, view our report
Further, the report states that the operational inefficiency of side airbags could hinder the market growth. Airbags are an integral part of vehicle safety systems, which are electronically controlled, which increases the chance of product failure in critical situations.
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Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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