Global Automotive Airbags Market: Industry Analysis, Trends, Outlook and Forecast 2016-2022 |Brisk Insights

According to a recently published report, the Automotive Airbags Market is expected to grow at the CAGR of 10.2% during 2015-2022. The segmentation of global Polymeric Foam market is based on location of airbags, end users and geography. The report on global automotive airbags market forecast, 2015-2022 (by location of airbags, end usersand geography) provides detailed overview and predictive analysis of the market.

Increasing concern towards consumer’s safety is anticipated to boost the automotive airbags market. Automotive airbag possess cushion or flexible fabric envelope that is mainly designed to inflate during vehicle collision while driving. Increasing number of deaths in car accidents backed up by strict government regulations related to the installation of airbags are the key forces driving the global automotive airbag market.

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In U.S. the New Car Assessment Program is gaining popularity as it rates and assesses cars prior to its launch in the regional market. This has led to the decreasing rate of car accidents in the U.S. However, deployment of airbags in low range cars and enhanced safety standards in emerging markets are the key opportunities for the companies involved in manufacturing of automotive airbags. Some of the challenges faced by the global automotive airbag market are availability of counterfeited products and rising price of automobiles. As per U.S. Police amongst 25 cars one possess counterfeited bag.

Scope of the report

1.Global Automotive Airbag Market By Location Of Airbags 2012 – 2022 ($ billion)

1.1. Side Airbag

1.2. Frontal Airbag

1.3. Rear Curtain Airbag

1.4. Knee Airbag

1.5. Centre Airbag & Seat Cushion

2. GlobalAutomotive Airbag Market By End-Users 2012 – 2022 ($ billion)

2.1. Automotive

2.2. Military Aircrafts

2.3. Aerospace

2.4. Others

3. Global Automotive Airbag Market Regional Outlook2012-2022(in...